Stocks to buy

Cannabis stocks could see higher highs in 2024. For one, according to a recent Gallup survey, 70% of Americans back legalization. “Support for marijuana legalization has reached a new record high nationally, with seven in 10 Americans—including a sizable majority of Republicans, Democrats and independents—now backing an end to prohibition,” according to an article by Kyle

As the cryptocurrency landscape continues to evolve, the definition of cryptos that have real futures ahead continues to shift. Investors are largely over meme-fueled cryptos and other short-lived trends like NFCs, which have largely been the domain of traders and others looking to make a quick buck. Scammers like Sam Bankman-Fried and Do Kwon have

The market for initial public offerings (IPOs) remains challenged. Several high profile IPOs carried out earlier this autumn have fizzled, including for German shoemaker Birkenstock (NYSE:BIRK) and British chipmaker Arm Holdings (NASDAQ:ARM). According to data from privately held investment bank Renaissance Capital, a total of 96 IPOs have raised $18.8 billion collectively this year. This

2023 has been a volatile one for the equities markets, especially for the tech sector. The S&P 500 and the Nasdaq, two of the most widely followed indexes, have experienced significant swings in performance, as investors reacted to changing economic conditions, interest rates and earnings reports. Uncertainty around where interest rates would land in the

There is an ocean of stocks in the U.S. with hundreds of names representing quality companies. For perspective, the New York Stock Exchange lists more than 2,500 stocks and the NASDAQ lists more than 3,300. I haven’t even talked about other exchanges, including the OTC. The key point is that there’s a high likelihood of

Biotechnology is a booming industry recently focused on synthetic biology, biomanufacturing and gene editing. Biotech is seen as the key to the future, as it has the potential to cure diseases and save many lives. In fact, the global biotechnology market is currently valued at $1.22 trillion and is expected to grow to $3.21 trillion

Stock gains are great, but they don’t necessarily continue forever. Today’s fast rising investment can be tomorrow’s disappointment. As such, it is important for investors to pay attention to what is happening with the stocks they own and be ready to sell when the situation warrants or when the thesis behind an investment changes. While

Telehealth stocks were all the rage during the pandemic, with many expecting the valuations of these companies to soar due to people staying home and practicing social distancing. However, as the old normal returned, some investors cast doubt over the long-term viability of telehealth stocks. The truth is this: The pandemic was a black swan

I read a recent Seeking Alpha article about Cenovus (NYSE:CVE), easily one of Canada’s best energy producers. The author’s focus on CVE’s buyback propensity had me thinking about other Canadian stocks making big share repurchases in 2023.  I’m a Canadian who generally writes about American companies. However, Cenovus is listed on the NYSE, so it

Investing in hydrogen stocks just became a little bit more difficult following the crash of Plug Power (NASDAQ:PLUG). The company warned about supply issues amid inflationary pressures and analysts estimate that it needs $750 million in additional funding. That caused its shares to plummet by more than 40%.  That said, the issues look to be contained to the

There are many ways to make money on Wall Street. One of the best proven strategies is buying and holding dividend stocks for long-term wealth creation. Countless studies prove the superiority of income-generating stocks. The asset managers at Hartford Funds looked at the performance of the benchmark S&P 500 going back to 1930. They found

Electric vehicles (EVs) are undeniably a part of our future. As the EV market experiences a generational surge, discerning investors are closely watching EV stocks to buy. However, it is imperative to separate the wheat from the chaff, and a select few stand out with the potential for solid long-term gains. The International Energy Agency

These companies in the biotechnology sector are doing incredible work and achieving wonderful developments. The result is not not only growth and profit for the companies, but they are also offering excellent and efficient solutions for the health of each one of us. Personally, the biotechnology sector is one of my favorite sectors because it

As we head towards the year’s end, several market uncertainties exist. Stalling disinflation, rising bond yields, war escalation and dysfunction in Washington are all looming challenges. If any of these threats materialize, it could send the market into a downward spiral. Safe blue-chip stocks can mitigate some volatility from these unknowns. So why are blue-chip

The direction of commodities stocks is clear per a recent article in the Wall Street Journal. Investors seeking to follow the experts should place their capital in three areas: Mined resources, agriculture and oil.  The mining firms that produce the basic materials, including lithium, zinc, steel, gold and other precious metals, are in position to

The spending on building factories in the U.S. is booming, as such outlays came in at about $200 million each month from May to September, according to the Federal Reserve. Conversely, in 2019, only about $80 million per month was spent building factories in America. This has led to the rise of stocks to buy

In every sector, investors are looking for stocks that have outperformed. In the transportation sector, Joby Aviation (NYSE:JOBY) is one such stock I’ve been following closely recently. Indeed, as far as the overall transportation sector is concerned, JOBY stock has blown its peers out of the water. In the more volatile electric vertical takeoff and

Since late last month, Nvidia (NASDAQ:NVDA) stock rebounded after a slump in October, possibly due to broader market movements. Investors might be reevaluating concerns that led to the decline, suggesting a potential opportunity for long-term positions in NVDA stock. Once a gaming industry leader, Nvidia pivoted successfully into the data center, emerging as a top

The new bull market has arrived, and now is the best time to find the next monster growth stocks.  When the market crashed during the 2008 recession, many investors panicked and kept their money on the sidelines. That was a big mistake, as they missed out on the longest bull market in history.  Investing in individual

As discussed earlier this month, Microsoft (NASDAQ:MSFT) stock set the world on fire with its operating performance during the July-to-September fiscal quarter. This sparked a rally, but concerns are rising about future returns. Some think the upside is already baked into its valuation. Hence, shares face the prospect of limited upside, coupled with downside risk