Everything appears to be going right for Microsoft (NASDAQ:MSFT) stock. The technology giant just completed its $68 billion takeover of video game maker Activision Blizzard. It’s monetizing its artificial intelligence products and pull ahead in the race for AI supremacy. Exceptional Q3 financial results showed continued strength in cloud-computing and legacy software. With the wind
Stocks to buy
In my last article on SoFi Technologies (NASDAQ:SOFI) stock, I discussed renewed bullishness following the release of the fintech/neobank’s latest fiscal results on Oct. 30. So far, a round of post-earnings bullishness has taken shape, albeit moderately. On Oct. 31, the first trading day after Q3 results hit the street, shares rallied by around 8.79%.
Earlier this year, Microsoft (NASDAQ:MSFT) gained widespread recognition for its investment in generative artificial intelligence chatbot developer OpenAI. More recently, however, Microsoft was put to the test with a closely watched earnings event. The company passed the test with flying colors and MSFT stock now could end 2023 with a rally.
The stock market has helped many investors generate long-term returns. However, the market has various stretches of high volatility that can rattle many investors. Prolonged corrections and recessions are even worse and can test the mettle of the most committed investors, which is what can make blue-chip stocks to appealing. Some investors prefer to minimize
Flying cars may soon become a reality. In the past few years, dozens of flying car stocks have emerged with one mission, the creation of the world’s first and fully functional flying car. Significant potential exists from this possibility. The flying car industry was valued at around $220 million in 2022. Over the next two
It’s never too late for a comeback. Some stocks have languished and underperformed for years only to bounce back on evidence that business is back on track and financial results are improving. As Q3 earnings have poured in, several companies that had largely been written off or ignored by investors have surprised to the upside.
The holiday has always been a time for reflection, celebration and gratitude for Americans. This is also a time when investors can buy restaurant stocks that can potentially rise in value during this holiday season as consumers take advantage of deals like Black Friday and Cyber Monday. This yearly event has helped companies increase sales
After a sharp sell-off since mid-summer, many investors are looking for the safety of quality, blue-chip stocks. That’s if they haven’t moved over to the relative safety of U.S. Treasury notes. However, more aggressive, risk-tolerant investors may still want to consider penny stocks. If that’s you, there are some options to consider. One thing you’ll
It’s easy to understand the allure of penny stocks, particularly for those new to the market. For relatively little money, an investor can control hundreds if not thousands of shares of a company. And if the stock moves up by literally just pennies, you can make huge profits. The problem is that penny stocks are
The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year. By 2027, it could hit $131.9 billion, as noted by Statista. Better, the number of online gamblers could rally to 233.7 million by 2027, too. All of that should create a massive opportunity for the online gambling
In the ever-evolving financial landscape, 2023 has marked a triumphant return for tech stocks. Bouncing back from notable downturns last year, these stocks are now outpacing the broader market. Even as economic momentum slows, investors are flocking to industries flashing long-term growth potential. Moreover, while the allure of innovation tempts many, there’s a hidden gem
The outlook for 2024 may be a bit uncertain due to current macroeconomic and geopolitical events, not to mention the whole issue of monetary policy currently being implemented by the United States with the desired inflation targets. Even so, the current market cycle is presenting very good opportunities to position yourself and take the best
With the generative artificial intelligence megatrend still gaining momentum, investors remain interested about which AI stocks to buy. Yet while there are plenty of names with high exposure to this megatrend, which ones are currently in the “Green Zone?” TradeSmith offers investors valuable tools for determining which stocks to buy. A good example is its
It might not be obvious looking at the stock market’s performance lately, but the third-quarter earnings season has been very strong. Despite indices sliding lower throughout October, financial results from corporate America have continued to recover from the sharp downturn seen in 2022. With nearly half of all publicly traded companies having reported their Q3
The future of the U.S. economy appears to be at a pivotal juncture as the Federal Reserve maintains interest rates at a 22-year high, with the possibility of further tightening on the horizon. Despite strong economic indicators, including a robust labor market and faster-than-expected GDP growth, the central bank remains cautious about achieving its 2%
Business development companies, or BDCs, typically have high dividend yields, as they are required to distribute nearly all of their earnings to shareholders. BDCs receive favorable tax treatment, and, in return, they aren’t allowed to retain earnings in the same way other companies are. As a result, dividend yields in the sector are usually above
Federal Reserve officials kept current interest rate levels unchanged on Wednesday. Investors and economists will be diligently scrutinizing any hints and clues offered during this meeting, specifically regarding the long-term stability of rates and whether central bankers still view future increases as necessary in the coming months. For now, these central bankers maintained the current
Warren Buffett is undeniably the greatest living investor. Since becoming chairman of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) in 1965, he generated returns of 3.7 million percent for investors. That’s a near 20% annual return or twice that of the S&P 500 index. While partially a result of his buy-and-hold philosophy, the best Warren Buffett stocks are those
There seems to be good news for the markets with the likelihood of rate cuts in 2024. With potential expansionary policies, the S&P 500 is likely to trend higher. Of course, challenges remain in the form of inflation and geopolitical tensions. However, I’m still optimistic and I believe that several stocks and sectors are poised
The Fed kept the interest rates unchanged and this has helped the market recover from the red. The earnings reports for several electric vehicle makers have been disappointing. Plus, they have cut down on their budgets to make EVs but this could be a temporary change. Due to higher interest rates and inflation, consumer spending