It’s been a tough year for investors, but the bear market hasn’t relented much just because we are approaching the end of 2022. That said, all this pain has investors looking for the biggest investing opportunities of next year. Will it be better in 2023? In some ways, yes, as certain assets should enjoy more
Stocks to buy
Could a turnaround moment be in store for California-based electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN)? It’s possible, as an order from a dealer group and an opportunity to delve into EV infrastructure could propel MULN stock much higher in 2023. Conditions certainly haven’t been favorable for Mullen Automotive this year. In a highly competitive
Who should consider owning PepsiCo (NASDAQ:PEP) stock? The answer is: a wide variety of investors. Maybe you like to collect passive income, or perhaps you want to get defensive as a recession might be approaching in 2023. If you’re looking for lightning-fast price action, this probably isn’t for you, but many cautious-minded investors can think
Choosing the best drug stocks to buy can be dicey because drug stocks have disadvantages and advantages. On the negative side, you often have to wait many years for promising drugs to prove themselves in clinical trials. Consequently, you may need to hold into the best drug stocks for some time before they generate strong profits.
New Year 2023 will see a continued tightening of monetary policy as the Federal Reserve attempts to rein in sky-high inflation. Following the 50 basis point rate hike in Dec., there are expectations that Feb. and March will see 25 basis point rate hikes, respectively. That will bring target rates near 5% which is where
Is SoFi Stock the Next Big Investment for 2023? | InvestorPlace Skip to content Copyright © 2022 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. We think it’s time to follow in the CEO’s footsteps and pile into SoFi stock December 21, 2022 By Luke Lango, InvestorPlace Senior Investment Analyst
While there are signs the economy is being to turnaround, there are still lingering fears of a potential recession. “Like a deflating holiday lawn ornament … (Fed Chairman Jerome Powell’s) news conference drained investor hopes of avoiding a recession, and showed that history may again prove correct in previously warning of a potential economic downturn,” said
The end of the year is often a time for investors to buy and sell stocks and clean up their portfolios. Some investors allocate excess cash to new investments or add to existing holdings. It makes sense to look at your portfolio and add to undervalued stocks with the prospect of solid total returns. Alternatively,
Penny stocks can often lead to big opportunities, especially in red-hot sectors that were dismantled in a disastrous year. In fact, after digging for hot trades, I found one stock each in the electric vehicle space, in lithium, and in the recession-proof biotech sector. At the same time, we have to remember that penny stocks
It’s tough being in the Christmas spirit this year after a dismal 2022 for the stock market. However, there is cause for optimism, as signs of recovery are present this holiday season. The Dow Jones Industrial Average is down just 8% after being deep in the red for most of 2022. Therefore, it’s an ideal
As fears mount of a global economic slowdown, investors should start facing reality and consider acquiring recession-proof stocks to buy. Of course, no investment category offers 100% guarantees – otherwise, everyone would take them. However, certain companies will likely hold up far better than others should circumstances go awry next year. Fundamentally, all eyes are
When the latest Nov. jobs report came in hotter than expected, that was essentially the clue for investors to consider stocks to buy ahead of another year of possibly rising rates. Ordinarily, a robust labor market represents cause for celebration. However, in this case, it symbolized a repudiation of the Federal Reserve’s hawkish monetary policy.
As interest rates keep climbing and uncertainty looms over the economy, it may still seem as if dabbling in speculative plays — including the best penny stocks — isn’t the right move to make headed into 2023. Although the market could stay bumpy in the months ahead, a growing number of analysts and commentators are
Once upon a time, Tesla (TSLA) was the “golden goose” in the electric vehicle industry. But that time has come and gone. And now, it is time to look for EV stocks to buy to steal Tesla’s crown in the EV Race. Yesterday, Tesla stock dropped more than 8% to fresh 24-month lows. The stock
Some financial traders might be tempted to jump into the trade with Meta Materials (NASDAQ:MMAT) stock because it’s cheap now. Yet, the shares could get cheaper, so be patient. There are news items that could distract some investors, plus economic conditions are challenging as we head into 2023. So, establish a buy price and stick
Chicago-based United Airlines (NASDAQ:UAL) could stage an impressive recovery next year. That seems to be the stance of CEO Scott Kirby, who doesn’t sound particularly worried about an imminent recession. UAL stock traders should remain aware of the risks, but can consider listening to what Kirby has to say and maybe even buy a few United
For a moment, imagine a world of limitless energy – one where energy is so abundant that everyone can power their homes and businesses for mere pennies. These days, it’s tough to imagine a world like that. This winter, the average U.S. heating bill is expected to exceed $1,000. But thanks to a potential world-changing
While most investors should probably steer clear of day trading as the activity could lead to certain legal ramifications, some folks may need to seek short-term stocks for quick gains. In that case, market participants should focus on names that stand poised for big moves. One of the best early warning indicators for the underlying
The U.S. stock market has been spooked by actions of the Federal Reserve. However, as Barron’s pointed out, “Despite the most rapid tightening of financial conditions in a generation, and the turmoil in financial markets, the U.S. economy is entering 2023 in decent shape.” With the labor market and America’s dominant services sector still both strong,
With so much uncertainty in this current market, most investors have clearly taken a defensive stance. Growth is out, and value is in. Accordingly, the search for high-growth stocks simply isn’t what it once was. The question many investors have is whether this defensive positioning will continue into next year. Indeed, it just might. Macro conditions