Various technology stocks are starting to become a tad on the expensive side. While many firms may grow into their expanded multiples soon, investors should be careful about paying too high a premium. Overestimating a firm’s growth prospects can have rather nasty consequences, especially if there’s already a great deal of momentum. In this piece,
I largely tend to average up on my investments as the business conviction grows. I am not a big fan of averaging down. However, there are scenarios where averaging down makes sense. A good example is with electric vehicles, and EV stocks that are worth averaging down in the coming months. Most EV stocks surged
In May, Barron’s published an article titled Week’s Best: Dow 50,000 or Bust? At the time, the Dow Jones Industrial Average hit 40,000, a record for 30 of America’s oldest companies. That got me thinking about Dow stocks to buy. Of the three major indexes, the Dow is the worst performer in 2024, up less
In this article, we will explore the three most undervalued robotics stocks that savvy investors should consider adding to their portfolios in June 2024. These companies have demonstrated strong fundamentals and fascinating technologies that are pushing the needle forward. As with any investment, thorough research and due diligence are essential. However, by carefully examining these
There’s no doubt Wall Street analysts provide investors with valuable information. Their reports offer a detailed overview of a company, a financial model for its future performance, and a price target based on an informed estimate of a company’s fair value. This serves as a useful jumping-off point for further research and investigation and can
Artificial intelligence requires a shocking amount of energy, creating substantial opportunities for energy stocks to buy fueled by the unstoppable AI boom and the Nvidia-driven surge. For an idea of how much power we’re talking about, consider this. According to The Verge, by 2027, the AI market alone could consume between 85 and 135 terawatt
I have historically been very bearish on GameStop (NYSE:GME), mainly due to key fundamental factors. The company continues to see revenue deterioration and the ultimate impact of online competition should render its business model obsolete over the very long term. That is why there is so much short interest in this name. However, GME stock
Electric vehicles (EVs) are the future. As the world leaves behind gas-fueled cars, they are slowly shifting towards more widespread usage of electric cars. They can be cheaper to own, are subsidized by the US government, do not rely on gas supply, and are environmentally friendly. Electric vehicles are becoming so popular that 1 in
You don’t have to buy speculative stocks to triple your money in a few years. In fact, it’s even easier to triple your money if you set a lengthy time horizon. A slow and steady approach can yield better results than a high-risk, high-reward portfolio. Blue-chip stocks with immense potential tend to have a few
In a meme frenzy, any positive news related to a company has a magnified impact on the stock price. In the euphoria of 2021, companies with ambitious growth plans skyrocketed. The markets didn’t wait to see if the company can execute the big plans. A good example is Plug Power (NASDAQ:PLUG) stock. Biotech stocks are
A company as large as Walmart (NYSE:WMT) is undoubtedly using AI to automate parts of its business, such as inventory management and e-commerce fulfillment. If other retail stocks want to keep up with the world’s largest retailer, AI is not optional. Who else is using AI to strengthen their businesses and grow sales? “As we
Undervalued companies should be a cornerstone of any investment portfolio. They provide safety, especially if you choose a stock that turns out to be unprofitable due to minimized realized losses. They also allow investors to buy into a company at a favorable rate, and if the company performs well over time, investors who prioritize valuation
Money is a critical medium of exchange that allows people to buy goods and services. Consumers look for ways to save money, make more of it, and have their money compound over time. Many fintech firms offer services that align with what consumers want. You can put your money into a high-yield savings account if
Perhaps the most dominant narrative in stock market circles is the Federal Reserve’s potential moves to slash interest rates. However, recent comments from Fed officials suggest that we may have higher-for-longer interest rates, ruling out multiple cuts this year. Additionally, investors are digesting the Commerce Department’s revised, weaker-than-expected Q1 U.S. economic growth figures. With these
Contrarian stocks describe a whole range of companies, whether by virtue of market position, operational outlook, or unique governance approach, buck wider market trends. Contrarian stocks tend to get a lot of flack from more conservative investors, as many see them as too risky or unhinged to be worth investing in long-term — but look how that turned out
If you’re looking to boost your portfolio with reliable income that rises over time, dividend growth stocks are a great option. What I particularly value about these stocks, in contrast to high-yield options, is that they offer meaningful payouts while also having the potential for long-term capital appreciation. As June 2024 rolls in, now is
From 1930 to 2023, 70% of dividend stocks in the top two quintiles outperformed the S&P 500 during recessions. Dividends have contributed 40% of the stock market gain since 1930, increasing with rising inflation. In 1981, 2001, and 2007, dividend-paying companies beat the market owing to steady profit flow; given the November election and three
Semiconductors have become increasingly important over recent years. Outside of powering our smartphones, TVs, and laptops, these silicon-based devices are critical to a host of emerging technologies, including generative artificial intelligence (AI) and electric vehicles (EVs). Most people are already quite familiar with Nvidia (NASDAQ:NVDA), which maintains a clear stranglehold over the AI chip market
Are you in the market for meme stocks and/or penny stocks? Perhaps MGO Global (NASDAQ:MGOL) caught your eye, as MGO Global is a tiny company that could grow much bigger. However, a moonshot seems improbable and MGO Global stock is too risky for sensible investors to buy and hold in 2024. Surely, it’s not a
Trade tensions can take a major toll on China-based electric vehicle manufacturer Nio (NYSE:NIO). The last thing you need to do in 2024 is add problems to your portfolio, so we’re assigning Nio stock a “D” grade and not recommending it today. Nio is focusing on a specific type of EV-battery technology. The company isn’t hedging its bets,