Millionaires, by investing in equities, are not made overnight. It takes years of grinding in the form of research that a high level of patience should back. Daily news and temporary headwinds tend to distract investors. That’s when conviction and patience play a critical role. Apple (NASDAQ:AAPL) was the first trillion-dollar Company; others have followed.
Stocks to buy
This is an amazing week to consider biotech stocks. Big news by the U.S. Food & Drug Administration (which we’ll get to momentarily) shows the benefits and outsized gains you can enjoy by choosing the right biotech stock. Biotech companies have the potential to be big winners because of their very nature. They’re at the
Robotics and automation are a necessity for the future. Be it for operational efficiency or cost controls, companies are going to adopt automation. It’s estimated that the industrial robotics market will be worth $60.56 billion by 2030. The healthcare robotics market specifically is expected to be worth $58.2 billion by 2030. The growth of robotics
Shares of microchip and semiconductor company Nvidia (NASDAQ:NVDA) stock continue to defy gravity, having risen 225% year-to-date and leading the overall market higher in 2023. Despite its bull run, NVDA stock shows no signs of slowing down. NVDA stock rose 14% since October, more than twice the Nasdaq index’s 6% gain. NVDA stock is the
Many people know Amazon (NASDAQ:AMZN) as a place to buy products online in practically every category. Yet, the company is also a cloud king with its Amazon Web Services business. Plus, Amazon deploys artificial intelligence in some of its services. So, while AMZN stock isn’t necessarily ultra-cheap, it gets a “B” grade and could move higher in 2024.
Water is not the world’s most glamorous industry. But recent droughts and climate events have shown that water stocks will hold an increasingly important place in the investment portfolios of tomorrow. Research from Colorado State University found that nearly half of the 204 American freshwater basins that they studied would be unable to meet demand
The West Texas Intermediate (WTI) barrel fell below $78 on Nov. 7, its lowest price since July. As a result, energy stocks continue to take a hit. The Energy Select Sector SPDR Fund (NYSEARCA:XLE) is down more than 6% over the past year and up by only 21% over the past five years, less than
Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock has tumbled sharply, due to the market overreacting to negative news. The latest occurrence of the phenomenon, which I’ll refer to as GOOG’s “fair-weather pattern,” occurred following the company’s latest earnings release. So, what is the relevance of this “pattern” to existing and/or news investors in GOOG stock? While it may be
Blue-chip stocks are always profitable or on the verge of entering the black, and the Street is currently in love with profitable companies. In my own portfolio, nearly all of the stocks of profitable companies have climbed significantly in 2023, and the reverse is true for the unprofitable firms whose shares I own. I believe
In a rapidly evolving business landscape, innovation and adaptability are the cornerstones of success. The quest for stellar turnaround stocks is a pursuit that captures investors’ imaginations. The article delves into the turnaround strategies of three companies whose stocks have faced their fair share of challenges, but are now poised for remarkable comebacks. Discover how
In general, stocks generate outsized returns because the Street has been overly bearish on their outlook. Due to the Street’s overdone high interest rate concerns, it’s now unduly pessimistic about many growth equities with great futures. Companies being disrupted will indeed likely falter or fail due to elevated rates. But, despite high rates, rapidly growing
With only a few weeks to go until 2024, it is already time to be thinking and preparing for the market cycle. Don’t fret if you do not have a lot of capital, the financial markets are a place where everyone can have a place to participate. For example, any of these three penny stocks
While the rest of Wall Street may be basking in the glow of screaming-hot economy, contrarian investors may want to consider the best stocks for a volatile market. Just like in a game of baseball, all it takes is one bad inning to see a big lead evaporate. Yes, U.S. GDP for the third quarter
Amid some rising questions for the economy, value-seeking investors may want to consider underappreciated biotech stocks. As a sector that, while not immune to broader pressures, generally manages to march to its own beat, the underlying innovation may offer an alternative upside pathway. By now, you’ve likely heard about the impressive third-quarter U.S. GDP print,
We’re still in the initial stages of a massively disruptive artificial intelligence (AI) boom. Big Tech is investing billions of dollars into it. Grand View Research saying we could be looking at a $1.8 trillion opportunity by 2030. And so far, it’s changing just about everything about everything. That includes healthcare–which could create a $188 billion
Dividend investing is a robust and stable investment strategy that has helped many investors increase their portfolios over time. Investors are attracted to dividend stocks that are undervalued. This is because they give individuals guaranteed income within an expected time frame. Typically, most investment strategies are ones in which the rate of return for the
The holidays are fast approaching, meaning it’s time to start making a gift list and checking it twice. Figuring out what to get the grandkids can be particularly difficult for people. Beyond any generational divide that might exist, it can be hard to figure out what the grandkids already have and what they might need.
The “meme mania” that once propelled AMC Entertainment (NYSE:AMC) stock to lofty price levels has long left the scene. Even as a speculative trade, AMC is no longer one of the strong opportunities among entertainment stocks. The better plays include other movie theater stocks. One of AMC’s key publicly traded peers sports a valuation more
As the airline sector emerges from the Covid-led turbulence, investors want to cash in on the resilient airline stocks to buy. While grounded fleets once painted a grim picture, the industry’s recent spike in travel demand is a major tailwind for top-line expansion ahead. Nevertheless, despite this resurgence, the sector isn’t without its share of
Without contest, Nvidia (NASDAQ:NVDA) is the best artificial intelligence (AI) stock on the current market. No matter how you slice it, Nvidia has the best chips for AI and machine learning at this point. And undeniably, the company has done the work to get to where it is today and deserves the accolades. But tremendous