Cathie Wood, the CEO of Ark Invest, is one of the most prominent investors in the innovation space. While her performance has varied widely over the years, I expect it to only improve when interest rates begin to pull back in the new year. That being said, let’s take a look at some of the
Stocks to buy
At a cursory glance, the concept of dividend stocks – particularly in the boring utilities space – seems overly cautious. After all, several risk-on asset classes, including technology-focused securities and cryptocurrencies have soared over the past several weeks. However, not all may be well with the equities space, presenting relevance for the staid but reliable
Undeniably, unless some catastrophic black swan event materializes, 2023 will go down as the year of tech stocks to buy. Let’s not even start to argue the point. Just look at the technology-centric Nasdaq-100 index, which shot up almost 51% year-to-date as of this writing. Even more startling, nothing seems to be slowing this freight
At first blush, the case for reliable REITs – that is, real estate investment trusts – might not seem relevant. After all, the U.S. jobs market continues to print impressive figures that beat analysts’ estimates. Still, as a Forbes article pointed out, despite a strong jobs print, recession concerns still exist. As CNBC explained, a
Undervalued long-term stocks are must-haves for any portfolio. They’re typically defined by trading below their inherent market value. Yet, these overlooked stocks have the potential to deliver massive long-term returns. Their strength lies in quietly building the foundations for long-term future success ahead. Consequently, this situation presents an opportune moment for investors to wager on
Real estate investment trusts (REITs) are known for offering higher dividend yields than most of the stocks listed on the S&P 500. But while these stocks feature higher yields, a good dividend isn’t enough to justify buying shares. Some stocks with dividend yields well above 5% end up generating mediocre returns and falling behind the market. So
The Russell 2000, an index tracking the performance of small-to-mid cap companies, has not had a good year in terms of relative performance. So far, the Russell returned about 8.6%, while the S&P500 and Nasdaq have appreciated 20.4% and 37.9%, respectively. With inflation clearly edging downward, U.S. equities have entered a rally period, and now
Stocks of a lot of well-known and historically great companies are on sale right now. Many marquee names haven’t shared in this year’s market rally and are in the red for 2023. This presents a fantastic opportunity for investors to buy great stocks at distressed prices. For long-term investors, they can now buy beaten down
There’s more to the market than the vaunted Magnificent 7. Investors are doing themselves a disservice if they limit themselves to the mega-cap stocks of the Nasdaq. Companies outside of tech should be able to do well in 2024, especially if the Federal Reserve starts to cut interest rates in the middle of next year
As the holiday season approaches, investors seeking gift-worthy stocks. Many turn to the portfolio of renowned investor Warren Buffett, CEO of Berkshire Hathaway (NYSE:BRK-B). After all, the focus is on gifts that keep on giving. Therefore, investments can appreciate and generate dividends over time, providing long-term returns and retirement options. Buffett serves as a role
Looking ahead to 2024, conditions appear to favor a continued rally in the stock market. Inflation keeps falling, the economy remains strong, bond yields are in decline, and the U.S. Federal Reserve could begin lowering interest rates as soon as March. There are also growing expectations that we’ll achieve the hoped-for “soft landing,” where the
Strategist John Teves from UBS believes that gold can touch $2,200 an ounce by the end of next year. Similarly, analysts talk about gold touching $2,400 an ounce in 2024. It’s difficult to predict exact levels, but it’s clear that the outlook for gold and other precious metals is bullish. Blue-chip stocks in the gold
Supply issues crushed lithium stocks. However, as I noted on Dec. 5, “the fear is creating a massive opportunity for patient investors.” I also said, “I’d use the temporary, excessive fear as an opportunity.” That’s because the pullback was ridiculously overdone. Sure, supply issues still exist. But down the line, we won’t have enough supply to meet
If you are a beginner investor in the stock market, it is natural to have concerns. However, you don’t need to start building a portfolio with a big amount. You can begin with a mere $100 and see it double in the coming year. Whether you already have a portfolio and want to invest an
A crypto bull market could be on the horizon, and history shows certain stocks tend to dramatically outperform major cryptocurrencies when prices are surging. Despite Bitcoin’s (BTC-USD) recent spike, many related equities remain far below previous highs. However, if crypto keeps climbing, massive gains may follow for crypto-adjacent companies. Of course, corrections or downturns are
Electric vehicles (EVs) are undoubtedly a great alternative for the future. As the years go by, the world focuses on a great transition towards cleaner energy consumption and production. Society is leaning toward leaving the traditional vehicles that consume diesel and gasoline behind in favor of vehicles that consume clean energy. That would contribute to
As 2024 looms on the horizon, the cannabis sector stands at the cusp of an exciting era. This likely surge is fueled by a blend of political backing and a shift in public opinion. A major recent development for the industry is the U.S. Department of Health and Human Services’ recommendation to reclassify marijuana as
As 2023 comes to an end, many investors are breathing a little easier about their portfolios. As you start to do your year-end rebalancing you may be looking for stocks to buy for 2024. But first let’s look at the state of play. The strong November rally did more than push the major indexes off
Consumer staples have been a defensive sector, especially during market downturns. Historically, they have outperformed the market during bear markets. Although consumer staples dividend stocks have underperformed year to date (YTD), they present a healthy risk-reward as we head into 2024. So why have consumer staples underperformed, and why do they present opportunity? Rising yields
The pandemic pushed major biotech stocks into the spotlight as vaccine demands rose to unprecedented highs. Investors flocked to the industry in the next few years after the COVID-19 breakout. However, interest soon waned, and the money flowed elsewhere. Furthermore, higher interest rates and tighter regulatory environments forced some companies to cut spending, limiting growth.