Despite some market pessimism surrounding next year and the often prophesied recession, there are still oversold marijuana stocks to buy that offer great value. The companies on this list benefit from the emerging health benefits of these plants and the continued liberalization of what were once illicit drugs in the U.S. I foresee a rise
Stocks to buy
In 2023, growth stocks faced challenges due to policy shifts and post-pandemic adjustments. Despite ongoing macroeconomic challenges, select growth stocks are expected to surge in 2024, offering investors strong returns amid economic cooling and inflation management measures. Growth stocks aren’t guaranteed to provide consistent share price appreciation over time. However, choosing the best options in
As the year unfolds, mega-cap stocks have been basking in the limelight, overshadowing smaller counterparts. To illustrate this point, the Russell 2000 Index is down more than 2% year-to-date, while the S&P 500 index is ticking in the green at over 15%. Hence, the divergence sets the stage for a rally in mid-cap stocks. Despite
With the possibility that the fourth quarter’s economic results might disappoint given the stellar print of Q3, investors may want to consider dividend aristocrats. If you’re looking for some of the best dividend stocks for income, you can’t go wrong with this label. It refers to S&P 500 companies that have increased their payouts to
While AMC Entertainment (NYSE:AMC) stock was once the epitome of a strong entertainment stock thanks to “meme mania,” lately it has lost its appeal for investors. Looking ahead to 2024, you may be looking at alternative options for entertainment stocks. Like most stocks, it’s important to consider those representing companies with sound fundamentals and robust
In the ever-evolving world of financial technology, fintech stocks have recently hit a rough patch. Marred by operational misalignments and the crippling impact of rising interest rates, many of these stocks now find themselves near 52-week lows. However, amidst this turmoil, a select few undervalued fintech stocks to buy stand out, offering a beacon of
The semiconductor industry turned south after rising sharply in the first half of the year. The S&P 400 Semiconductor index is down 11% in 2023 but off by nearly a third from its highs early on. Investors were expecting another down year on top of the drubbing chip stocks took in 2022, but a turnaround
After two dismal years, stocks are finally staging a big rally. The latest inflation reading for October showed that consumer prices are continuing to come down, increasing the likelihood that interest rates have now peaked and will begin moving lower in 2024. While the near-term trend looks encouraging, most investors have longer time horizons than
Many on the Street have incorrectly believed the Federal Reserve was extremely hawkish and tremendously dedicated to its 2% inflation target. A huge number of investors also inaccurately thought that inflation would be extremely “sticky” and impossible to bring down without causing a recession. But now, even with “core” inflation having come in at 4%
Is investing in the stock market really as risky as gambling in a Vegas casino? Well, it depends. Investing in penny stocks with lots of growth potential lends the chances for huge rewards, but also has huge risks. Investing in blue-chip companies lowers that risk and provides consistent and tangible rewards. However, what really classifies
Dividend stocks give investors extra cash flow and can help them in retirement. However, most investors believe they have to make an uncomfortable trade-off with dividend stocks. On one hand, you have stocks like Microsoft (NASDAQ:MSFT) that deliver exceptional returns but have low dividend yields. Most retirees can’t do much with the tech giant’s 0.81% dividend yield.
Are you looking to beef up your portfolio with predictable income for your retirement? Then, you should start looking into dividend stocks in the energy sector. Dividend stocks provide investors the advantage of having two potential returns—cash dividends and potential growth. The sector comprises companies catering to natural gas, oil and renewable energy markets. Many
The long-term trend favors electric vehicle (EV) production even if it’s not a smooth transition. That certainly appears to be the opinion of analysts. That’s why there are currently many EV stocks with strong price targets. That being said, current headlines suggest that electric vehicle sales haven’t lived up to the hype. There are several
Through the years, the decline in lithium prices has been a concern. This correction in the metal is reflected in the poor performance of some of the best lithium stocks. However, I believe there is ample opportunity amidst this temporary headwind. The demand for lithium will continue to increase beyond the decade and remain in
Energy stocks are a fickle bunch. More prone to economic cycles than many companies, considering massive up-front expenses usually fueled by short-term debt, their financial positioning is constantly precarious. At the same time, they don’t have the longevity and market share (in many cases) that their utility stock cousins enjoy. Worst yet, a company can
Some of the most exciting opportunities can be found in biotech stocks. In fact, find one with a powerful catalyst just around the corner, and you can make a good deal of money. Look at CRISPR Therapeutics (NASDAQ:CRSP), for example. On Oct. 31, the company announced a US FDA advisory committee green-lighted its gene editing therapy for the treatment
Apple (NASDAQ:AAPL) stock has been treading water lately, concerning some investors that the company has lost its aura of innovation. Let’s analyze what has gone awry and how to profit from AAPL stock going forward. Apple remains the world’s largest company, so when AAPL stock outperforms, this single-stock move has the potential to buoy the
One of my favorite investment strategies when seeking forever stocks is to look to past trends that turned stale. Think of some of the hottest sectors in the past five years that saw massive investor interest before falling back to Earth. Cannabis stocks, pandemic stocks, streaming stocks, even electric vehicle (EV) stocks. All had their
This is a challenging time for automakers. The Big Three vehicle manufacturers based in Detroit just endured a costly six-week strike by the United Auto Workers (UAW) union. At the same time, demand for motor vehicles, particularly electric ones, is in decline, requiring manufacturers to slash prices to ignite sales. This has led to declining
The Global X Hydrogen ETF (NASDAQ:HYDR) invests in hydrogen stocks benefiting from the advancement of the global hydrogen industry. Launched in July 2021, the ETF traded close to $30 within four months of going public. Since then, HYDR has lost nearly 80% of its value despite the excellent growth opportunities in the hydrogen energy industry. “Forecasts