Amazon (NASDAQ:AMZN) stock delivered outstanding returns in 2023, but is the bull party over ? Don’t worry, and don’t buy into the idea that “what goes up must come down.” From e-commerce to grocery delivery, healthcare and more, Amazon continues to expand into one potentially lucrative market segment after another. One might even say that Amazon
Stocks to buy
Discovering stocks below the surface is similar to uncovering treasures in uncharted territory. Delving into the lesser-popular fraction of the stock market, this article explores three often overlooked companies. Each entity carries unique growth narratives, often obscured by the more prominent market players. The first one’s strategic market diversification across industries like healthcare, defense and
Is it the end of the road for XPeng (NYSE:XPEV) now that China’s e-commerce king plans to unload some shares of the China-based automaker? Not at all. As we’ll see, XPeng’s recent electric vehicle delivery results should convince enterprising investors to buy XPEV stock, not sell it. You can note corporations’ large-scale stock purchases and sales, you
Of the top-performing names from 2023 that Morningstar covers, Palantir (NYSE:PLTR) stock had the fifth-best return, up 167.5% despite losing 14% in December. As Morningstar pointed out, Palantir and Nvidia (NASDAQ:NVDA) were successful because of their mutual focus on AI. Shareholders from both companies could have another strong year, unless something disrupts AI in 2024.
Luxury retail stocks, with their iconic brands and robust pricing power, have long been standout choices in the investment landscape. While luxury items might not be for everyone, they’re a favorite among the wealthy, propelling brand equity through steadfast loyalty. Moreover, the luxury goods market is booming, boasting a remarkable sales forecast of $369 billion
We are entering a new investing era, and investors cannot ignore the potential of millionaire-maker AI stocks. The relentless advancement of generative AI paved the way for groundbreaking applications across various industries. Companies like Nvidia (NASDAQ:NVDA) have only showcased a sliver of the true impact that AI will have on the global economy. The omnipresence
Information technology is a broad category for investors to consider. Too broad, perhaps. When considering IT stocks to buy you must cast a wide net that involves computing in all its forms: hardware, software, telecommunications, and anything else involving the transmitting of information and the systems through which that communication happens. But it also
Alphabet (NASDAQ:GOOG) has emerged as a strong growth stock for 2024, propelled by robust FY23 revenue and EPS growth driven by the demand for artificial intelligence. Google Search and YouTube fuel advertising revenue, and expectations of a soft landing may boost capital allocation in 2024. These factors will have important implications for GOOG stock investors.
For those prioritizing long-term investments, the key is selecting stocks with a robust track record and resilience in unpredictable scenarios. In the vast landscape of investments dominated by tech unicorns and financial giants, three discreet millionaire-maker stocks stand out. These stocks, operating with resilience, innovation, and market finesse, quietly generate wealth. Also, they act as
A triumphant narrative of resilience and strategic prowess across three divergent industries emerges in the ongoing roller-coaster, where markets teeter on the brink of uncertainty with stocks at 52-week lows. Picture this: the first one, the tech titan, navigating tumultuous waters with an arsenal of revenue streams and a cloud-centric strategy. Concurrently, the second unveils
When you think about stock picks for 2024 related to artificial intelligence, the first name that likely comes to mind is Nvidia (NASDAQ:NVDA). If not NVDA, then pure-play technology companies rise to the forefront for obvious reasons. However, the beauty of digital intelligence is that the innovation is utilitarian, empowering practically all industries to benefit.
While investors might be tempted to ride the biggest winners of last year, shifting sands may provide a superior outlook for comeback stocks. Just what am I talking about? These are securities that are currently trading no higher than 10% of their 52-week lows. At the same time, they (at time of writing) feature a
In the world of ESG stocks, it is often believed that implementing ESG surrenders profitability. However, such a narrative is false. ESG investing can be narrowed down to three sub-categories: impact investing, positive screening and negative screening. Indeed, impact investing often ignores a firm’s financial prospects. However, positive and negative screening methods are contra concepts
A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year
Small-cap stocks are looking attractive now to many investors, including myself. These companies, on the whole, have lower valuations than their large-cap counterparts, meaning they could deliver the needed gains investors seek. Last year was categorized by an astonishing lack of market breadth, with the Magnificent Seven accounting for almost all of the gains in
What a year it was for most cryptos! As we reflect on 2023, and what is to come in 2024, many investors may certainly be considering the cryptos that may be winners for their portfolios. Overall, the future outlook for the next year is positive. Speculation has been building around an imminent approval for a
As we kick off 2024 with optimism and fresh perspectives, it’s time to look at the market and identify some prime value stocks poised for gains this year. With the economy steadily recovering, we can expect undervalued stocks to experience nice upside, as investor sentiment improves. Many companies with strong underlying businesses have fallen out
Inflation now sits at 3%, close to the Fed’s target of 2%. This anticipated cooling has been much awaited. However, uncertainty remains about a potential interest rate cut. Although the Fed has promised it will cut rates, we don’t know when that will happen. Economic experts’ opinions vary as to the exact timing of the
It’s a new year and apparently there’s a new theme on Wall Street for investors. Many of the Magnificent Seven stocks and their high-flying tech peers are off to a difficult start in 2024. But stodgy, dividend-paying consumer staples, telecom, and healthcare stocks are surging. Coca-Cola (NYSE:KO) was in the green on Tuesday and Wednesday
With a record year for equities in the rearview mirror, investors wonder whether 2024 can bring more of the same. Many will look to protect the gains they made by seeking investments that smooth out volatility. Often, that means investing in dividend stocks. History shows dividend stocks beat out their non-paying siblings by a wide