SoFi Technologies (NASDAQ:SOFI) is a leading online platform that provides a range of financial products and services, such as personal loans, mortgages, student loans, investments, banking and insurance. The company has grown since the Great Recession, which saw many traditional banks retreating from certain financial products, including unsecured personal lending and mortgages. Since then, SoFi has expanded into
Stocks to buy
Identifying the next trillion-dollar companies becomes crucial amid a challenging economic landscape. And lately, the U.S. has been a hotbed of spending and debt crises. Urgent bipartisan cooperation is needed to address a $1.7 trillion gap in 2023 and the projection of federal debt surpassing 100% of GDP by 2053. Understandably, investors are drawn to
Streaming companies are desirable to most investors because they continue to outpace other forms of entertainment, including cable and radio. There has been consistent growth within these streaming companies, with more and more users looking to take advantage of what they offer in terms of content and convenience from on-demand programming and audio streaming. Investors
Microsoft (NASDAQ:MSFT) continues to find ways to reinvent itself some 37 years after its initial public offering. A $2.8 trillion business finds it challenging to swiftly alter its direction, but the tech giant manages to assert itself as a powerful force. Its performance this year led it to be included in the group of tech
The market forecast surrounding autonomous driving is becoming clearer. Autonomous driving stocks, once very hot, have cooled. Peak Interest in the sector has passed. Promises of fully autonomous vehicles in the next few years seem unlikely to materialize. Instead, the forecast calls for focused growth in robo-taxi and fleet operations. While you and I probably
Electric aircraft stocks are igniting the investment world, marking a transformative era in aviation. The shift to electric propulsion, with its lower noise, emissions and operating costs, looks to be a game-changer. These stocks represent not just technological innovation but a revolution in how we perceive air travel. Analysts predict the electric aircraft market will
Market strategists at Bank of America (NYSE:BAC) recently made headlines by forecasting that the S&P 500 will reach a record level of 5,000 by the end of 2024. In a note to clients, the BoA team, led by analyst Savita Subramanian, said the New Year should usher in a “stock picker’s paradise,” as the bank
Following the end of the pandemic, consumers returned to in-person office work and resumed attending large social functions such as weddings and happy hours at bars. Meanwhile, Americans took many more vacations than before the pandemic. Because people usually want to look their best when they’re socializing with other individuals, these trends were wonderful for
With their robustness and growth potential, healthcare stocks are becoming a focal point in portfolios worldwide. Moreover, the U.S. stands out at the forefront of healthcare spending, allocating a staggering $4.3 trillion annually. This accounts for 18.3% of its GDP, underscoring the sector’s major economic impact. Additionally, healthcare profit pools are projected to surge from
In fast-paced stock market movements, the quest for breakout stars remains investors’ ever-thrilling pursuit. Imagine a canvas where established giants spark an imminent market spectacle. The blue-chip stocks to buy in the article, are poised at the brink of a financial crescendo, wielding compelling strategies and technological prowess that promise a seismic shift in investor
Solar stocks are the right choice if you want to invest in the energy sector. As technology evolves, people are shifting to solar energy as the primary source of electricity, which results in high demand for solar companies. In 2023, the solar industry gained momentum after facing a bad period, installing nearly 12 gigawatts in
Experts say that the electric vehicle sector is starting to show weakness. Sales numbers are still growing but are displaying signs of slowing down, and analysts are pointing to high production costs and restrictive prices as the reasons. That’s why a few investors are getting wary of buying EV stocks. However, there is still a
Pinpointing stocks with the potential for exponential growth requires extreme efforts on the market terrain. However, delving into the strategic prowess and distinctive approaches of the three standout companies listed in this article illuminates the trajectory toward substantial investment growth. The first one, entrenched in specialized sectors, showcases innovation and resilience, while the second strategically
A fascinating new chapter in Argentine politics is set to unfold as “far-right libertarian” Javier Milei surprisingly won the presidential election on promises of radical free-market reforms. Milei, an economist, has vowed to implement a number of measures including the dollarization of the Argentine economy, massively downsizing the government, and enacting sweeping capitalist changes. Naturally,
There have been many lifestyle changes in the post-covid world. An important part is a focus on physical and mental health. Eating the right food is an important part of physical health, and with health issues like obesity and diabetes, among others, there is an increasing demand for organic food. From an investment perspective, it’s
Cybersecurity stocks emerge as incredible long-term investments in an age dominated by digital threats. Despite numerous cyberattacks over the years, many top-tier companies and government entities remain startlingly unprepared. This gap between current defenses and emerging threats carves out a substantial opportunity for growth in cybersecurity stocks. Moreover, the cybersecurity market is on an upward
Lithium, crucial for electric vehicle (EV) batteries, remains high in demand as the auto industry shifts from gasoline to electric models. This shift has propelled lithium stocks into the spotlight. Although these stocks have hit a snag since late summer due to a marked decrease in lithium prices in recent quarters, the sector is expected
Investing in biotech stocks is not for risk-averse investors. However, if you’re an investor who is serious about generating outsized gains, it’s a sector that you can’t overlook. Many companies are developing and manufacturing drugs and therapeutics that treat a range of conditions, some of which have no currently known cures. These companies are developing
It’s been an unpleasant year for EV charging stocks, which is an understatement. Some of the best EV charging stocks have plunged for a year to date. The reasons include intense competition, cash burn, and the likelihood of equity dilution. However, it seems that stocks have discounted the concerns. The next year can potentially be
The Dow is expected to move higher in 2023 as macroeconomic factors shift. 30 blue-chip firms that are leaders in their respective industries make up the Dow Jones Industrial Average (DJIA) and broadly represent American industry. Thus, they generally perform well in all markets as the American economy is still the largest globally even in