Penny stocks have had a great start this year, but with uncertainty starting to rear its head again, investors have started to choose safer options instead. Indeed, the underlying businesses of most penny stocks are loss-making startups that depend on external sources to survive in the long run. That’s not very reliable in an environment
Stocks to buy
With Artificial Intelligence (AI) gaining prominence in our lives, it is hard to ignore the fact that AI companies are going to take a big slice of the pie this year. As per a report from Deloitte, the global semiconductor industry is expected to reach $1 trillion in revenue by 2030, doubling in this decade.
Another day, another soft inflation report, another reason to buy tech stocks. That’s how things seem to be going these days. Yesterday, we learned that consumer price inflation continued to moderate in April, and it appears on track to get back to “normal” within a few months. As a result, tech stocks rallied. Today, we
While the stock market continues to gyrate, some stocks are managing to outperform others by a wide margin. Fueled by strong earnings, a bullish outlook and positive sentiment there are many hyper-growth stock opportunities available. Some companies have seen their share price more than double since January. Investors hungry for growth following the dismal downturn
Investors are attracted to penny stocks because of the small amount of capital needed for a large amount of exposure and upside potential. On the other hand, penny stocks carry a lot of risk for investors. They are some of the most volatile stocks in the market. It’s not uncommon to see over 50% swings in
With the energy transition upon us, solar stocks offer investors a chance to grab a piece of a fast-growing market. Solar energy output rose 22% in 2021, but that’s only expected to accelerate over the next few years. According to the International Energy Agency, output will need to rise 25% annually by 2030 to reach our net-zero targets. So, for
Turning $1,000 into $10,000 in a year in the stock market is undoubtedly a lofty goal. Make no bones about it, it’s not particularly likely to happen. Indeed, such an endeavor requires a penchant for risk and speculation. Additionally, investors may need to hone their efforts on particular high-growth sectors. One such group of penny
AI stocks have taken off in 2023. So, naturally, many investors are curious to understand the technology’s various applications across a wide range of sectors. Artificial intelligence involves training computerized systems with huge amounts of data, through a process called machine learning. These systems can then make inferences about future outcomes, analogous to the natural
The metaverse is the most significant growth opportunity for numerous industries in the long term. This is attributable to the massive range of potential applications and the level of investment from large technology companies, venture capital, corporations and brands. The three stocks to buy below are direct beneficiaries of this trend. The first company is
Make no mistake about it: electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) isn’t trying to compete on price. Instead, Lucid Group builds premium-quality vehicles for people who can afford them. Ultimately, it’s not a great idea to back up the truck and buy too much of LCID stock. However, as long as you’re aware of the
It isn’t especially easy to find high-performing chip stocks presently. The overall state of the industry can’t be characterized as being strong. Yet, there are still companies performing well despite overall headwinds. Some semiconductor firms continue to post stellar results that best not only industry averages but also recent performance. That isn’t easy given that
The government’s response to maintain stability in the banking system creates stock winners from First Republic failure. First Republic Bank is the second largest bank with assets over $200 billion to fail, This follows the failure of Silicon Valley Bank, Credit Suisse, and Signature Bank. Fearful customers withdrew deposits in droves. When the company revealed
The electric vehicle market continues to move from strength to strength, and investors hunting for the best lithium mining stocks for the EV revolution are in for a treat. Despite the sector experiencing a relatively rocky start to the year, savvy investors are effectively seeking the best lithium stocks to buy at a considerable discount.
The Internet of Things (IoT) is where the digital and physical worlds seamlessly intertwine to revolutionize everyday life. The best IoT stocks to buy recognize this. As the sector leaps forward at a breathtaking pace, savvy investors are paying close attention to the best IoT stocks for exponential growth. There’s no denying the transformative impact
Investors needn’t worry that they’ve missed the boat when it comes to artificial intelligence (AI), as there are several AI stocks on sale still. Shares of some companies heavily involved in AI continue to trade at massive discounts to their intrinsic value. In fact, some of the biggest names in AI are only now seeing
Last month, I dubbed Li Auto (NASDAQ:LI) the only Chinese electric vehicle stock you need. If you thought that statement was a bit of an exaggeration, I suggest you look at the latest quarterly earnings release for LI stock. Overall, this release helped to strengthen the bull case. Not just the results that were promising.
Finding the best MedTech stocks to watch in May can be a challenge. After all, the category is huge. MedTech encompasses many types of sectors like medical devices, cloud applications, artificial intelligence (AI), and diagnostic systems. Yet there are many positive catalysts for the industry. Just look at AI. A recent study from JAMA Internal
Uncertainty is running high amid surging inflation, rising interest rates, geopolitical concerns, a potential recession and a looming debt ceiling crisis. If you’re nervous, you’re not alone. Some may choose to sit on the sidelines. Yet, there’s no telling how long this uncertainty will last. Investors looking to put capital to work may want to
Creating a niche in any market is not easy, but it is especially difficult to do in an established industry. There was a time when only niche customer segments or early technology adopters bought electric vehicles (EVs) but soon EV makers were introducing low-end models that were accessible to a larger audience. Electric vehicle sales
Finding long-term growth stocks to buy and hold is becoming more and more difficult. Indeed, the growth rates of most companies have been negatively impacted by inflation and surging interest rates. As valuation multiples decline, so too does investor confidence in this space. That said, there are some long-term growth stocks to buy and hold that are