Tesla (NASDAQ:TSLA) currently trades at 8.6x sales. TSLA shares are up more than 127% year-to-date. If I’m considering undervalued EV stocks to buy, Tesla would not be it. Who are the undervalued EV stocks to buy? Well, they trade for less than 8.6x sales. An appropriate criterion for a cut-off point would be a P/S
Stocks to buy
Warren Buffett is the world’s best-known value investor. The Oracle of Omaha honed his talent as a student of the legendary Benjamin Graham at Columbia University. He took that education and created arguably the most valuable investment vehicle, Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B). Since becoming chairman in 1965, Buffett has generated returns at Berkshire of 3.7 million
With oil prices dipping below the $80 mark this month, it’s plausible to think that the energy stock rally has hit its peak. Yet, this could be a premature assumption. Energy stocks remain ripe for growth, especially with 2024 forecasts hinting at significant supply constraints, potentially reaching a shortfall of one million barrels daily. Interestingly,
By most accounts, Canada’s experiment with legalizing cannabis has been a complete failure. Five years after the recreational drug was legalized on a national level, most cannabis producers remain deeply unprofitable, struggling to survive, seeing their share prices plunge by more than 90%. Today, most cannabis securities trade as penny stocks. The situation in the
As 2023 comes to a close, United States equities investors may be interested in thinking about what kinds of tech companies will do well next year. The Nasdaq is returning more than 36% after entering “correction territory” in the October. A new inflation report, which indicated headline U.S. inflation essentially stalled in October, while the
For much of 2022 and 2023, investors could take shelter in dividend stocks. They were, as the saying goes, the best houses in a bad neighborhood (the equity markets). It’s not that the analysts loved these stocks, but they hated them less. That sentiment is changing which makes it a good time to look for
Investors are loading up on small-cap stocks and other growth stocks as the light at the end of the tunnel brightens. The Federal Reserve is signaling that peak rates may already have arrived. In fact, if inflation continues to subside and the worst is over, now is the time to act. Interest-rate sensitive equities are
There are dozens of examples of the market creating millionaires, and even billionaires. However, massive wealth creation is never easy. The recipe for success includes seeing ahead of the curve, research, and holding quality ideas with patience. In any market condition, there are stocks to make you a millionaire and the names generally come from
Before even discussing the concept of green energy stocks to buy, one must acknowledge the 800-pound gorilla in the room: this sector stinks. As a Barron’s report pointed out recently, green energy stocks have turned a decidedly dark shade of crimson. Once heralded as the next big thing due to political and ideological winds pushing
Gamma-squeeze stocks represent the equivalent of the panic associated with contracting to sell a car to a buyer at a specific date in the near future but not having ownership of the vehicle just yet. Behind the scenes, you’re still working out the details of getting the car to sell. Suddenly, a shift in the
Amidst the uncertainty, savvy investors recognize that market downturns potentially pave the way for future prosperity. However, the quest for long-term stocks to buy soon remains fraught with challenges. The fleeting allure of meme stocks, the snares of value traps and the troubling macroeconomic situation remain formidable tasks for the average investor. Yet, patience and
The stock market landscape is ever-changing in an era dominated by rapid technological advancements as investors seek promising opportunities beyond the well-trodden paths. Three hidden gem stocks stand out, poised for significant growth in the upcoming market rally. The first boasts a colossal user base of 70 million daily active users, a virtual universe where
The banking crisis in March 2023 affected even the best bank stocks as higher interest rates put pressure on liquidity. With interest rates at 5% compared with March’s 4.75%, risks remain due to tighter lending standards and potentially higher yields. Despite the Federal Reserve introducing a backstop mechanism after SVB Financial’s (OTCMKTS:SIVBQ) collapse, higher yields
As I’ve noted in past columns, many investors may want to emulate the stock picks of billionaires because they have obviously been successful at selecting good stocks and often have access to better experts and more information than retail stock pickers. This has led to this list of stocks that billionaires love. Moreover, the stock
Finding potential trillion dollar stocks is paramount as the US confronts an economic future with spending and debt crisis in Congress. Due to a $1.7 trillion gap in 2023 and federal debt expected to exceed 100% of GDP by 2053, urgent bipartisan cooperation is crucial. To secure economic future in the face of headwinds, immediate
While sometimes overshadowed by stocks in the mega-cap ($200 billion market cap and higher) stocks category, large-cap stocks (or stocks with a market cap between $10 billion and $200 billion) can often offer investors the best of both worlds. Large-caps are typically shares in established, profitable enterprises. Compared to stocks in the mid-cap, small-cap, and
The recent surge in official interest rates, the most substantial in 40 years, is anticipated to impact aggregate demand significantly. This could potentially result in a GDP reduction of approximately 4 percent for the current year, followed by an additional 1% decrease in 2024. Despite these headwinds, it has led to this list of stocks
Portfolio construction is not a uniform phenomenon, especially when looking for retirement stocks. However, a common denominator is that an individual’s career stage must be considered. Some people who are over 50 may be entering peak wealth accumulation while others are eyeing retirement. As such, it is not just a case of age but also
In the dynamic landscape of technological investments, focusing on robotics stocks to buy soon presents a captivating opportunity. As we delve into this arena, the potential for growth in companies specializing in automation and robotics is not just a trend, but a transformative shift in the global economy. These stocks represent the forefront of innovation,
Li Auto (NASDAQ:LI) has emerged as a robust EV stock in the global market, offering a compelling investment opportunity as the sector matures. As the EV market shifts towards mainstream adoption, overcoming initial challenges and concerns is a common trajectory in any industry, including EVs. This has special implications for LI stock. Amid prevailing market