Editor’s note: “SoFi Reports Astonishing Earnings, and the Best Is Yet to Come” was previously published in May 2023. It has since been updated to include the most relevant information available. The fourth-quarter earnings season is now in full swing. And so far, the numbers show that it’s been quite a strong quarter for many
Stocks to buy
With the world going green, keep an eye on hydrogen energy stocks. While you won’t get rich overnight trading them, they could offer explosive opportunities down the line. We already know Bank of America and Goldman Sachs believe hydrogen could create a potential $11 trillion market opportunity. We also know President Joe Biden could ease up on current
The tide is turning for cannabis growth stocks, marked by a significant shift in the regulatory landscape. First, the U.S. Drug Enforcement Administration’s (DEA) reassessed of marijuana’s Schedule 1 status. Next, the Health and Homeland Security’s (HHS) recommendation to soften federal restrictions paints a promising picture for cannabis stocks ahead. This regulatory pivot, coupled with
Though one of the remarkable elements of the new year so far has been the sustained performance of the usual suspects, investors should still consider the potential value of stocks with unexpected gains. These enterprises might not be in the spotlight compared to more popular enterprises on Wall Street. Nevertheless, they may offer significant punch.
History is a great teacher. Looking back on the stock market’s last 100 years, we find dividend investing beats all other stocks. They handily outperform the S&P 500 and have never had a losing decade. It makes sense dividend stocks would be so good. They tend to be profitable businesses that have been through numerous
As Wall Street’s crystal ball, the stock market is giving early signals of a potential re-election for President Joe Biden this year. With the S&P 500 scaling new heights, the buzz among analysts is palpable, which bodes remarkably well for investors to wager on the stocks for the Democratic political climate. If Biden secures a
Are you losing sleep over the wave of tech layoffs? Is downsizing getting you down? I encourage you to chill out and stay in the trade with Amazon (NASDAQ:AMZN) shares. A thorough Amazon stock analysis leads to one conclusion: the company will be just fine, even if some workers have to find employment elsewhere. I do
AI technology stocks stand out as leaders of creativity in the world of technology, which is always changing. They are paving new tracks in the digital world. These stocks, which are linked to growth and opportunity, show how our relationships with technology are changing quickly. As AI continues to build its complex web, investors look
Shares of fintech firm SoFi Technologies (NASDAQ:SOFI) surged nearly 20% on Monday after the company reported its first-ever profit. Media reports salivated over the 2-cents-per-share earnings, driven by a 44% jump in total new members and strong performance from its tech platform and financial services segments. More upside is likely on the way. SoFi’s fourth-quarter
Emerging market stocks are capturing the spotlight, propelled by the dynamic economic landscape of these vibrant regions. Outshining developed counterparts, these markets boast robust gross domestic product (GDP) growth rates fueled by an expanding middle class and swift industrialization. These positive trends enhance living standards and set the stage for emerging market stocks to potentially
Despite the muted enthusiasm around cryptocurrencies such as Bitcoin (USD-BTC) these past few weeks following the Bitcoin spot ETF approval, some blockchain stocks with growth potential could reignite investors’ bullish sentiment. These blockchain stocks are highly rated by Wall Street, with some analysts anticipating double-digit growth for the EPS and revenue figures for these businesses
Buy low, sell high. That investing maxim is ingrained in us almost as soon as we start investing. It’s the way to maximize profits. Yet you still have to use judgment. Cheap stocks are often cheap for a reason. There may be something wrong with the business that caused the market to sell them off
Driven by a projected market surge to $1.09 trillion in the next six years, electrical vehicle (EV) stocks are attracting a lot of investor interest and creating EV industry investment opportunities. From Asia and Europe to the United Kingdom and the United States, countries around the world are committed to eliminating petrol vehicles in less
Some of my favorite articles to write are those that highlight possible turnaround stocks. These are stocks whose share prices have been hammered over a short period. Companies that otherwise are excellent businesses. For example, in January 2019, I recommended seven stocks to buy that had lost 20% of their value over the past quarter.
The athleisure trend is still alive and well. It’s all too convenient for many to go from the mall, home or office to the yoga studio or gym without changing. Given the resilience of today’s leading athleisure brands (especially those in yoga wear), it’s not hard to view the athleisure industry stocks as timeless and
Alphabet (NASDAQ:GOOG/NASDAQ:GOOGL) remains one of the best bets investors can make on the future of artificial intelligence (AI). As it begins to monetize its AI offerings, GOOG stock is sitting at an all-time high. So far in 2024, the company’s share price has risen 10%, bringing its 12-month gain to 57%. However, investors shouldn’t worry
In the intricate tapestry of the stock market, savvy investors often latch on to the golden threads of tax-efficient dividend stocks, effectively weaving through the fabric of the January effect. While the January effect offers a glimpse into the short-term ebbs and flows of the market, the pursuit of tax-efficient dividend stocks stands as a
As you may know, Tesla (NASDAQ:TSLA) stock was trending lower ahead of this week’s quarterly earnings release. But instead of shares surging back upon the unveiling of positive surprises/”less bad” results, the market reacted negatively to the company’s latest financials, and to updates to guidance provided by CEO Elon Musk. Still, even as shares have
Despite slowing retail sales growth Amazon (NASDAQ:AMZN) stock continues its run higher. Shares gained 80% in 2023 and are up 9% off the dip that started the new year. For a company that Wall Street often bashes as past its prime, the e-commerce giant certainly looks like it’s found its groove. AMZN stock remains below
The metaverse is back, creating a massive opportunity for some of the best metaverse stocks. Yep, that network of shared, immersive virtual worlds where you can play, work, and even shop with millions of other people is back. The same one that helped Mark Zuckerberg and Meta Platforms (NASDAQ:META) rack up about $46.5 billion in losses since 2019.