While your golden years might be decades away, it’s never too early to plan ahead, particularly with cheap retirement stocks to buy now. Usually, the basic formula for retirement plays focuses on fiscal stability, reliable growth, and passive income. Unfortunately, the best enterprise that meets these attributes tends to be pricey. To mitigate this situation,
Stocks to buy
Over the past month, Eli Lilly (NYSE:LLY) stock has been rangebound, trading at or around $360 per share. However, I wouldn’t assume that shares in this pharmaceutical giant will deliver underwhelming returns during 2023 after last year’s hot run. Consider the most recent headlines about this company, and its key catalyst (more below). As I’ve
I always trust the idea of buying and holding quality stocks for the long term. However, with geopolitical, macroeconomic, and technological changes, a part of the portfolio needs to be dynamic. At the same time, there are stocks to buy and hold forever. These stocks represent companies that have a strong balance sheet and robust
Stocks are off to a hot start in the new year. We’re only eight trading days into 2023, and yet the S&P 500 is already up about 4%. The Nasdaq is up even more, with a 5% gain year-to-date. And our core Innovation Investor portfolio is up almost 8% in that same time! A few
2022 was a horrendous year for growth stocks. In fact, many of them also struggled in 2021. So after an amazing bull run, it’s been several years of pain for growth investors. That said, the destruction has left a number of cheap growth stocks in its wake. The problem? “Cheap” is relative to the buyer,
In November 2021, I made an outlandish effort to pick 5 cheap stocks that could double within a month. Few companies rise 100%, and even fewer can do it in the time it takes to properly pickle a cucumber. Nevertheless, my five-stock portfolio did land winners. Shares of biotech firm Longeveron (NASDAQ:LGVN) would skyrocket 800%
With the markets likely to stay volatile during 2023, playing defensively remains a solid strategy to ride out this tough investing environment. One way you can implement such a strategy is by increasing your exposure to dividend-paying large-cap stocks. If you’re seeking safe harbors, plus the opportunity for long-term capital growth, these types of stocks
Despite the losses of 2021, investors are maintaining a hopeful outlook for 2023. Chief Executive Cathie Wood of Ark Investment Management seems optimistic about her strategy of investing in risky tech businesses with her vivacious optimism and steadfast dedication to growing investor returns at a healthy pace. Moreover, she feels AI could lead to 50%
Renewable energy has become increasingly popular. Indeed, this sector is critical in tackling key issues such as climate change and energy independence. That said, while most renewable energy companies have positive catalysts and long-term prospects, their stocks are often undervalued due to unnecessary macro fears about the industry’s future. Nevertheless, this presents an incredible chance
When it comes to Tesla (NASDAQ:TSLA) and TSLA stock, Wall Street has truly gone from one extreme to the other. Back in October 2021, the shares had a gargantuan $1.2 trillion market capitalization, and the company could do nothing wrong and basically had no meaningful challenges in the eyes of the Street. Fast forward just
The task of looking for the best stocks to buy for January 2023 is akin to finding a needle in a haystack. There are so many possibilities; it’s hard to pick just seven. The S&P 500 is coming off one of its worst years in history. In 2022, the index’s total return was -18.11%. Only
The best large-cap stocks to buy and hold are always a great addition to a portfolio. These companies are some of the biggest and best-known stocks in the market. That makes finding the best large-cap stocks a worthy exercise. Of course, in this market, it can be a challenge to identify the best large-cap stocks
With a stressful year behind us, it’s time to buy undervalued stocks, including the seven bargain financial stocks we’ll discuss today. Historically, this industry is known for sizable dividends and strong profitability, especially now with rising interest rates. When combined with attractive entry points, these seven bargain financial stocks could help return solid gains. Even better,
The remarkable growth in EV stocks seen during 2021 provided investors with an exciting view of the future. Indeed, the Biden administration deserves credit for helping to promote electrification and creating a strong foundation of trust in the space that helped it gain momentum. However, not all electric vehicle companies represent must-buy EV stocks. There was
Even though the former House Speaker and leader of the Democrats in the lower chamber of Congress stepped down after 20 years of service, it doesn’t mean that the best Nancy Pelosi stocks to buy lost much of their relevance. Indeed, Internet algorithms consistently point to this topic as one of the most popular regarding
Investors are clearly concerned about the current macroeconomic and geopolitical backdrop. Recent inflation-driven events have led us to a precarious place in the markets. Accordingly, with a potential recession on the horizon, few investors may be on the search for high-growth stocks. That makes sense. But, generally speaking, the time to buy beaten-down names is when
The retail sector could be facing a brighter outlook as signs of positivity have begun to emerge. The economy continues to struggle with inflation and a strong employment market. Those factors have led the Federal Reserve to hike rates at unprecedented speed. But a slowdown in wage growth signals that the Fed’s efforts are having
With dramatic changes materializing in the world in recent years, the risky but compelling case for under-the-radar energy stocks to buy has never been stronger. Fundamentally, if last year’s (and still ongoing) geopolitical crisis taught us anything, it’s that dependency on unreliable partners may deliver short-term gains at the expense of long-term consequences. Of course,
The easiest way to find the best fintech stocks to buy is to examine the holdings of fintech ETFs such as the passively managed Global X Fintech ETF (NASDAQ:FINX) or the actively managed ARK Fintech Innovation ETF (NYSEARCA:ARKF), America’s best-known fintech ETF due to portfolio manager Cathie Wood’s notoriety. FINX is up 6.2% year to
The financial sector fared poorly in 2022. However, investors of California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) really took a beating last year. Does it make sense to short-sell SOFI stock, then? Some institutional-grade investors seem to think so, but that’s a risky bet as certain significant events are coming up soon. For folks who like to