The S&P 500 has shown remarkable strength in 2024, largely driven by the tech sector’s robust performance, especially companies benefiting from the surging demand in artificial intelligence (AI). Despite ongoing concerns about inflation and the possibility of high interest rates, the index is up 10% year-to-date. It reaches a fresh record high almost every week.
Stocks to buy
Gaming has often flown under the radar in the entertainment space, but it continues to command a massive and growing presence. In fact, the most financially successful entertainment property in history is actually a game called Grand Theft Auto V. With that game alone selling 175 million copies globally, it shows the tremendous financial potential
Hydrogen stocks are having a tough time in 2024. The Global X Hydrogen ETF (NASDAQ:HYDR), which holds around 28 different hydrogen energy companies, has plummeted 46.9% on a year-to-date basis. High interest rates, which have a significant impact on capital intensive industries (e.g., renewable energy), have largely soured investor sentiment on hydrogen stocks. The idea is, as interest rates remain elevated,
As the number of grey-haired people rises worldwide, investors need to notice the strong-buy healthcare stocks. The need for healthcare will grow as the number of people aged 60 years and older doubles by 2050, a situation never before witnessed in the world, thanks to smaller families and longer lifespans. All of this is great for strong
There’s an old saying: fortune favors the bold. Are you ready to take a chance on quantum-computing specialist IonQ (NYSE:IONQ) stock? You’ll get no guarantees whatsoever, but a reasonably sized stake in IONQ stock could be your ticket to a 100% return on your investment. IonQ is a pioneer in the future of artificial intelligence. IonQ’s revenue
The sooner we transition toward a greener and cleaner economy, the better for all human beings. The future is green, and it is fast approaching. Governments worldwide are committing investments to increase the usage of renewable energy sources. Whether you like it or not, the future will be full of renewable energy. The U.S. government
I believe that equity markets are at a point where small-cap and penny stocks can go ballistic. The assumption of multiple rate cuts in the next 12 to 18 months backs this general view. Easy money policy translates into higher speculative activity and high-beta stocks surge. This column discusses three high-risk stocks under $20, likely
The urgency to identify high-performing stocks anticipating a market rally is paramount, especially within the technology sector, which is known for its rapid pace and innovation-driven landscape. This context becomes critical when investors look for substantial growth opportunities amidst market fluctuations. In light of this, three tech stocks are currently positioned as compelling investment opportunities
The Russell 2000 is one of the most popular stock indexes, consisting of the 2000 smallest companies from the Russell 3000. Most companies in the index are small cap, which often means more volatility and growth potential. After years of underperformance caused by economic uncertainty, many stocks in the Russell 2000 are trading at a
There’s a lot of confusion about EV sales as the sector struggles through a downturn. I believe some people are under the impression that EV sales are in decline. That isn’t the truth. Instead, EV sales continue to grow and are expected to increase by 22% in 2024. This means there are plenty of EV
AMC Entertainment (NYSE:AMC) fans may still hope for a post-pandemic recovery for the movie theater chain, but streaming stocks better than AMC are likely the potentially more profitable wager. The reasons for this are twofold. First, prospects are mixed for the U.S. box office in 2024. Instead of a continued rebound to pre-Covid levels, forecasts
The solar industry will be a long-term beneficiary of the energy transition that’s happening throughout the world. Governments are flooding the sector with money and will need to continue investing in the sector. That’s one reason why it’s a good time to consider the best solar stocks to buy. According to data from the
Investing in real estate has been a popular investment approach for decades. The basic way of investing in the real estate market is to buy a house. An easier way is to invest through a real estate investment trust (REIT). In this blog post, we look at three REIT stocks that offer you solid exposure
The electric vehicle sector is going through interesting times. The industry faces macroeconomic headwinds and intense competition has also impacted companies. Some of the best EV stocks to buy during the last bull market are languishing at lower levels. If this is not enough, there is already chatter in the streets that the EV euphoria
Microsoft (NASDAQ:MSFT) stock hit new highs this month but MSFT may be on the verge of entering the doldrums. A variety of minor factors may drive this change in investor sentiment. Don’t rush to sell just because shares might not do well. MSFT stock may slow but the company continues to capitalize on AI growth.
Biotech is an industry full of opportunity. It’s also known as one of the riskiest sectors to invest in. Why is this the case? Well, many of these companies are very small and focused on researching new drugs. These drugs, being their products, are thus in development and thus the future revenue is not assured.
If you’re searching for cheap blue-chip stocks to buy, look no further. Blue-chip stocks continue to lag the performance of growth stocks. Although it is currently at an all-time high, the Dow Jones Industrial Average, comprised of 30 blue-chip names, is up only 4% this year compared to an 11% gain in the technology-laden Nasdaq
Many companies benefitting tremendously from the proliferation of artificial intelligence. But so far, only a relatively small number of stocks, such as Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT) and Super Micro (NASDAQ:SMCI), have received a sizable boost from the trend. In a note to investors earlier this month, Goldman Sachs predicted that three groups of stocks would
Finding profitable investing possibilities in the fast-paced world of tech stocks is like negotiating a busy market where every step may make or break fortunes. Three digital giants have surfaced as bright spots in this environment, each showing a different route to success and expansion. These businesses are at the forefront of the digital age’s unrelenting advancement.
Investors don’t have to look for small-cap stocks to realize significant gains. Going the familiar route and choosing mega-cap stocks for stability can lead to steady returns over the long run. This strategy has worked for many years. A small number of mega-cap stocks are driving the stock market higher. Mega caps are corporations that