Millionaire investors searching for income stocks to buy have a different problem than the rest of the market players. They need to balance their portfolio’s preservation of capital against generating income on capital. 2022 is an exceptional year for meeting both requirements. Bonds and stocks both fell this year. Since all of the picks have a
Stocks to buy
We are just weeks to the end of 2022. That means it’s time to deliver our telecom stock picks for 2023. It hasn’t been a good year for telecom stocks. As of Dec. 1, the S&P 500 communication services sector was down 35.2%, making it the worst-performing of the 11 sectors that make up the
Elon Musk is generating his own news cycle again. This time, the Tesla (NASDAQ:TSLA) CEO isn’t making waves for his focus on electrification. Rather, it’s the social media space that’s been upended, with his acquisition of Twitter. With this deal in the rear-view mirror, many investors may be looking at other social media stocks to buy, as
It makes sense if you haven’t been thinking much about Christmas stocks. You really can’t be blamed for not being in the Christmas spirit this year. The stock market’s challenging 2022 took a toll on a lot of portfolios, leaving many investors feeling more like a Grinch than looking for new stocks to buy. But
Pharmaceutical stocks overall have fared well during this tough year for the market, but Eli Lilly (NYSE:LLY) has been a pharma name that’s truly “crushed it” so far in 2022. LLY stock has rallied 36.2% in the past year, moving 19% higher in the past six months alone. Mainly, due to enthusiasm for the company’s
While many different factors can influence the stock market, one of the most important to many retail investors may be the actions of hedge funds. That’s because hedge funds are often known as the smart money to be followed, particularly in times of uncertainty. Notably, one group of stocks that hedge funds have been buying
While no one enjoys enduring significant market volatility, the downside invariably brings stocks that are screaming buys to the table. These are companies that have either absorbed way too much red ink than they deserve or are woefully underappreciated. Regardless, astute investors should plan ahead with compelling tickers to add for 2023. For this list
The marijuana sector has witnessed tremendous growth in recent years. In fact, newfound support has allowed cannabis companies to gain access to capital, which has helped fuel further growth. Additionally, as more and more states legalize cannabis, the market will only get bigger. One way to capitalize on the sector is by investing in marijuana
With the electric vehicle story only expected to accelerate, here are just some of the top EV stock picks for 2023. We already know that governments all over the world want millions of them on the roads in the future. In addition, we know President Biden wants 50% of all new vehicle sales to be
For all investors wondering when the stock market is going to bounce back, here’s your answer: In 2023 – and in a major way. The logic is exceedingly simple. Inflation caused the 2022 stock market crash. Its opposite – disinflation – will spark a massive 2023 stock market recovery. Sure, it may not feel like
[Editor’s note: “Buy the SoFi Stock Dip for 29X Gains in 10 Years” was previously published in September 2022. It has since been updated to include the most relevant information available.] There’s a lot of uncertainty in the market right now. But when I look at stocks, I see some huge opportunities. That’s exactly what
A challenging stock market in 2022 – and the likelihood of continued high inflation in 2023 – has many investors looking for gold stocks to buy to hedge their portfolios. Granted, there are already some pressures on gold prices, which are down about 2% in 2022. The Federal Reserve’s moves to raise interest rates in
Occidental Petroleum (NYSE:OXY) stock has made a stunning comeback since late 2020 on two major catalysts. The first was the epic run-up in crude oil and natural gas prices. The second was the accumulation of a large position by Warren Buffett’s company, Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B). The result is that OXY stock has soared by more than
Despite the challenges presented by the current economic downturn, there are still plenty of reasons to be optimistic about the tech sector’s future. 2022 has been nothing less than a nightmare for investors in tech stocks. However, in all likelihood, the stock market conditions will improve substantially in the coming year, pointing to a strong
Investors like penny stocks because of their upside potential. Those same investors should consider seeking out the best green penny stocks in particular because a clear trend toward sustainable investing isn’t slowing: Between 2018 and 2036 ESG and sustainable investing are expected to grow by 43%. The worldview is changing and more and more investors
Do you feel that? That’s the feeling you get when a new bull market is starting on Wall Street. Yesterday, Federal Reserve Chairman Jerome Powell all but confirmed that the Fed will pivot on rate hikes in 2023. And stocks absolutely soared. The Dow jumped more than 2%. The S&P 500 popped over 3%, and
Every time I discuss extremely speculative ideas, I provide warnings. However, penny stocks for under 10 cents truly takes the cake. You need to be extremely responsible and disciplined and use only the speculation portion of your portfolio. Even then, you might be out of your mind if you’re considering exposing yourself to this sector. More
Though the electric vehicle industry may be struggling, certain EV stocks hedge funds are buying could offer hope for contrarians. To be sure, one of the sector exchange-traded funds Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) fell nearly 37% on a year-to-date basis. Therefore, investors do need to be cautious about engaging in this
It’s a month before Christmas and crumbs falling off vests, the traders have put down their last bets on retail stocks. The positions are hanging on desks with great care while out in the world the best deals sit there. The events of The Night Before Christmas took place just a few miles from Wall Street, in
This article focuses on penny stocks with “buy” ratings from analysts. Analysts have access to information about companies that retail investors cannot obtain. Consequently, analysts’ opinions on stocks are noteworthy. Analysts’ ratings aren’t always accurate. But they can be helpful in volatile times when investors are looking for stocks that are safe to buy for