Backing Nvidia (NASDAQ:NVDA), the leading chip manufacturer in the generative AI boom, has proven lucrative in 2023. The company’s H100 and A100 chips are in high demand. And while these chips may face competition from AMD’s (NASDAQ:AMD) promising new chips, NVDA stock is launching its H200 chips, an upgrade to the H100. These chips are
Stocks to buy
In the bustling stock markets, the cannabis industry has emerged as a dynamic arena, captivating investors with its promise of rapid evolution and immense growth potential. As the smoke clears from regulatory shifts and market fluctuations, the spotlight shines on three trailblazing cannabis stocks poised for substantial strides in 2024. In the emerging direction, three
Mental health has been one of the hot topics in the medical industry over the past few years. Widespread awareness was brought to the public eye during the COVID-19 pandemic as people in prolonged lockdowns struggled with isolation as well as the threat of a deadly virus. The World Health Organization has issued statements to
Economists’ outlooks of avoiding a recession now seem likely with CPI inflation down to 3.1% for December 2023, marking a slight decrease from the previous month of 3.2%. In light of the recent CPI index data, 67% of economists now believe the economy will not sink into a recession over the next coming year. While
In an era where digital fortification reigns supreme, three cybersecurity giants stand tall, reshaping the landscape of online protection. The first one on the list showcases a financial fortress with diversified revenue streams crucial to bolstering market valuation. The second one, a sentinel in the industry, flaunts its leadership through accolades and innovations that resonate
Small-cap stocks are often overlooked yet they can provide investors with significant potential for outperformance. That said, not all small-cap stocks are worth considering. It’s worth noting that most small-cap companies are unprofitable and carry substantial risks. But there exists a unique class of small-cap stocks that could be huge wealth generators. When carefully considering
The EV charging market is one of the fastest-growing niches in transportation. Despite the lackluster showing in some of the best EV charging stocks, these holdings still show incredible promise. In fact, 33 million EVs are expected on U.S. roads by 2030, and the global EV market is forecasted to reach $561.3 billion in 2023,
Some investors prefer to look only at fundamentals for making an investment decision. Yet, others solely rely on technicals for trading. A combination of technical and fundamental analysis can be deadly. We are going to explore penny stocks with average fundamentals and a strong technical chart. In my view, these stocks are likely to skyrocket
Even in turbulent economic times overlayed with bear markets, recessions, and broader uncertainty, some stocks still manage to provide stability, income, and growth for investors. You should always be on the lookout for companies that can deliver rising dividends year after year. These stocks help to cushion your portfolio when volatility arises, and also put
No matter how rapidly nations and companies push for carbon-neutral and alternative fuel initiatives, oil and gas stocks have a spot in investor portfolios. Current outlooks project higher oil pricing through 2024. Though the forecast creates pain at the gas pump, it’s a boon to oil and gas stocks as higher prices help keep production
Now is a good time for investors to prepare for the New Year. Looking to maximize IRA or 401(k) contributions before the year ends can ensure a healthy portfolio ready to tackle individuals’ needs in retirement. This has led to this list of IRA contribution stocks. However, the question is how to find high-quality stocks
Space stocks are helping us live in a more connected world via satellite technology. These companies are helping to close gaps for remote regions. Oftentimes, internet access is uncovered or impossible, such as at sea or in very remote areas. Also, space stocks are pioneering secure communications for government agencies and large corporations with robust
Flying car stocks have the potential to revolutionize how we think about air transportation and the role of vehicles. What was once featured mostly in science fiction is now becoming a reality. Flying car stocks also have a utilitarian usage, with potential in fields that vary from industrials to search and rescue operations. What I
Ark Invest’s Cathie Wood is fresh off a must-needed year of relief, with her flagship Ark Innovation ETF (NYSEARCA:ARKK) soaring more than 70% year-to-date. Indeed, Cathie Wood stocks still have a long way to go if they’re to see new highs again. Though new highs in 2024 seem unrealistic, I do believe that the trio
Black Friday spending (however that’s defined these days) was better than expected. And many of the best-performing companies in late November will be retail stock winners as the year comes to an end. But this holiday shopping season is a reminder that two things can be true at the same time. One truth of
One of the greatest money managers of all time, Peter Lynch took Fidelity Magellan from $20 million in assets under management (AUM) in 1977 to $14 billion AUM in 1990 when he retired. That’s a better than 29% annual average return over that period. For context, that’s like investing $10,000 in a stock and turning
Industrial stocks have multiple, strong, positive catalysts at this point. Among these catalysts are falling interest rates, the continued resilience of consumers and economic and high government spending on infrastructure. Moreover, the energy transition, the electric-vehicle revolution and even the proliferation of AI are helping industrial stocks. The first two changes are spurring increased mining
Every day, we hear about the tremendous innovation from artificial intelligence advancements. AI is transforming many industries, such as autonomous vehicles, industrial automation, molecule discovery and fraud detection, to name a few. This has led to an AI boom. You can participate in this new era through several AI stocks as these applications develop. In
I have great respect for Warren Buffett. He’s one of the great “buy-and-hold” investors of all time. The man excels at identifying undervalued, high-quality stocks that are poised to climb over the long term. The Oracle of Omaha, as Buffett is sometimes called, also frequently invests in equities that both pay significant dividends and enable
It’s time for investors to do some year-end planning. What worked? What didn’t? If you’re looking to add to your portfolio, identifying strong buy stocks is a good place to start. Part of every investor’s due diligence is to look at analyst ratings. While they get it wrong sometimes, analyst opinions carry weight because