How long do you think you would need to turn three AI stocks and a $10,000 initial investment into $1 million? Five years? 10 years? Well, rule of 72 gives you a bit of a hint. For your $10,000 investment to double in five years, you would have to achieve a 14.4% compound annual growth
Many might disagree, but penny stocks are ideal diversification vehicles. Although they often possess outlying risks, penny stocks have low correlations with traditional investment portfolios, providing investors with diversification benefits. Moreover, if selected correctly, penny stocks can produce asymmetrical returns. Given the above, I embarked on a screening journey to present my readers with three
Income investors should embrace higher yields while interest rates remain at (hopefully) their peak. With one Fed rate cut likely in the cards later this year, we’ve pretty much seen a “reset” of expectations of sorts. Indeed, we can live with another few months of elevated rates, with one cut by the year’s close. There’s
In my last article on SoFi Technologies (NASDAQ:SOFI), I discussed how SOFI stock is misunderstood by the market. Nearly a month later, this unfortunately remains the case. Wall Street and Main Street investors remain “on the fence” at best, bearish at worst, about the fintech firm and neobank. Burned by past price declines, retail traders
The tech sector is hot, hot, hot. The Nasdaq and S&P 500 are hitting new highs driven by technology companies. They are seizing upon the artificial intelligence (AI) hype, committing huge amounts of money. The generative AI industry predicted to become a $1.3 trillion economy by 2030. If you aren’t investing in the must-have tech stocks, you could missing a big
Florida has seen a massive amount of migration to the state as more people move from the northern and western parts of the U.S. These trends have started to cool, but I think companies in Florida will be able to capitalize on the ongoing boom for a long time. Of course, it’s not just the
Electric vehicle sales are accelerating again, creating an opportunity for some of the top EV stocks to buy. In California, for example, about 24% of all new cars sold were electric in the first quarter, according to the California Energy Commission. The state recently approved about $1.9 billion to build 40,000 new public EV chargers to help fuel
It’s time to look into small-cap stocks as the mega-cap tech titans have hogged the spotlight, especially in recent weeks, with Apple (NASDAQ:AAPL) joining the red-hot AI rally with its recent reveal of Apple Intelligence. This may be the generative AI tech of choice once it’s in the palms of iPhone users later this year.
The May inflation readings showed cooling consumer and producer prices. However, in 2024, it’s important to define the meaning of words. In this case “cooling” doesn’t mean prices are going down. Rather, the rate at which they’re going up is slowing. That thesis is causing some analysts to believe stocks could be ready for a
Some of the best solar stocks to buy might not have performed well in the last 12 to 18 months. However, the industry will undoubtedly continue to grow at a steady pace beyond the current decade. The near-term price and time correction is, therefore, an opportunity to look at the best solar stocks to buy.
Over the past several years, EVs have taken front-stage in the news. While large-scale adoption of electrification has yet to materialize, the rapid improvement of technology and manufacturing, especially in low-cost areas like China, has been a leading driver behind the growing pace of EV acceptance. Already, compared to internal combustion engine (ICE) cars, upfront
Recently, Facebook (NASDAQ:META) and X (formerly Twitter) have been under intense scrutiny by users and various governing bodies. The EU has criticized Facebook and Instagram for allegedly failing to protect children online. The SEC is investigating X and its new owner, Elon Musk, regarding Musk’s purchase of Twitter in 2022. Furthermore, the relationship between these
Intel (NASDAQ:INTC) remains poised to generate higher-than-expected revenue from its recently released Gaudi 3 AI chips. Moreover, the firm is benefiting from significant increases in notebook sales now, while it should get a big lift from strong AI PC sales and its chip manufacturing business in the longer term. Since the valuation of Intel stock
Finding the top stocks to buy for the next bull run greatly improves an investor’s portfolio and increases profits. The research emphasizes the need to make wise investing decisions before favorable market circumstances emerge. Investors may profit from market surges and steer clear of the traps associated with reactive investing by having a solid understanding
Understanding when to sell a particular stock might be as important in investing as when to acquire it. Here, the focus is on identifying stocks to sell during market downturns, as it is crucial to mitigate potential financial risks when investing. Three identified companies suffer rising operating expenses and severe market hurdles due to market
Retirement may feel distant, but it’s important to save up now. Accumulating more money will give you more choices when you are ready to retire. Even if you want to work forever, extra cash gives you more options about the type of work that you pursue. Retirement stocks can help investors reach their long-term financial
The profound impact of artificial intelligence (AI) on how we live and work has many investors looking to capitalize on the potential returns of AI stocks. In today’s digital-first society, the buzz surrounding the emergence of AI tools and language models is hard to ignore. One could argue that the industry is still in its
Many of the best semiconductor stocks to buy have outpaced the stock market in recent years. There’s even an ETF that specifically focuses on semiconductor stocks. This fund, the iShares Semiconductor ETF (NASDAQ:SOXX), has crushed the S&P 500, delivering a 295% gain over the past five years. It’s also outperformed the tech-heavy Nasdaq Composite during
How long can the tech stock rally continue? For almost two years now, growth companies have seen their share prices skyrocket amid breakthrough discoveries in fields such as AI and semiconductors. But the good times for tech stocks won’t last forever, even if macroeconomic policy remains favorable. At some point valuations simply get too far
Back in May, sitting U.S. President Joe Biden announced he would be quadrupling tariffs on Chinese solar imports among other technologies and commodities like electric vehicles, batteries and steel. The move signals an increasingly cooling relationship between the world’s first and second largest economies but has also underlined a group of Chinese solar stocks to