Penny stocks are risky yet highly lucrative if selected correctly. Moreover, penny stocks are often idiosyncratically driven, meaning they possess diversification potential. Considering the above, I delved into the penny stock landscape to pick three best-in-class penny stocks for my readers. Methodologically, I focused on fundamental aspects, quantitative valuation multiples and technical analysis. Moreover, I
With market conditions showing signs of strain, investors are feeling the heat, suggesting that it may be time to look at electric vehicle (EV) stocks to sell. Indeed, EV stocks have been a hot topic in financial circles. As we stride into the latter half of 2024, the EV sector seems vulnerable like never before.
Opportunities for significant gain are abundant in the current dynamic market climate, especially for micro-cap companies. These three equities exhibit distinct trends and have the potential to grow exponentially before 2026. A strategic acquisition by the first company stands out as a crucial action. Fusing cutting-edge biometric technologies with its current computer vision skills broadens
S&P Global Market Intelligence’s 2024 Trends in Fintech highlighted 10 trends for this year, which will culminate in the industry’s return to a more normal business environment. While it doesn’t provide fintech stocks to buy, it does provide hints on where to look in 2024. The report’s executive summary stated: “With the ‘fast growth fueled by
One of the many advantages of penny stocks is that you can easily create a customized portfolio. diversified across various sectors, geographies, and business types, allowing for the creation of a tailored portfolio that aligns closely with individual investment goals. Another advantage, of course, is that select companies can turn into 10X penny stocks overnight.
If you’re curious about the legitimacy of WallStreetBets stock picks, you’ve come to the right place. Three of the worst WallStreetBets stock picks you can own are GameStop (NYSE:GME)., Trump Media and Technology Group (NASDAQ:DJT), and AMC Entertainment (NYSE:AMC). The three meme stocks had 14, 14, and three mentions over the past 24 hours preceding
Electric vehicle stocks have bled many investors dry over the past few years. The incredible post-pandemic electric vehicle boom saw many EV stocks rise significantly. However, a decline started in 2022 has continued to drag on for certain electric vehicle makers. The biggest broad-based threat EV stocks currently face is interest rates. Indeed, EVs are
As a general rule of thumb, investors should stay away from meme stocks to avoid. Once a company becomes genuinely classified as a meme stock, an entire community of online traders can leverage communication and aggregate resources to manipulate a stock’s value. Sometimes, it can be as simple as posting a meme about leaning forward
To be blunt, no shortage of arguments exist against acquiring shares of electric vehicle manufacturer Faraday Future Intelligent Electric (NASDAQ:FFIE). For starters, the 60-month beta on FFIE stands at 1.63, indicating severe volatility relative to the broader equities index. Second, Faraday Future stock was only priced at around 4 cents a share before skyrocketing. Even
Qualcomm (NASDAQ:QCOM) is steeped in the artificial intelligence trend, but it’s richly valued now as the sentiment surrounding AI chipmakers runs red-hot. If you have any available profits on Qualcomm stock, I encourage you to book them now. Qualcomm isn’t a bad company by any means, but the Qualcomm share price recently visited $200 and I’d much rather buy
GameStop (NYSE:GME) is surging higher. This GameStop stock rally is being driven by a famed meme trader Keith Gill, best known as “Roaring Kitty.” His recent social media posts caused a surge of over 81.5% before the market opened. A further surge is very possible. Yet while those holding this stock can lock down some
Plug Power (NASDAQ:PLUG) shares have bounced back lately. That may seem like a sign that Plug Power stock is coming back, but I wouldn’t jump to that conclusion. The reasons for this are manifold. For one, the driver of this recent rally is not much of a game changer. The various factors that knocked this
June represents a unique opportunity for investors to capitalize on the best blue-chip stocks to buy. With economic indicators pointing towards a new bull market, investing in these established companies can secure your financial future. However, with so many options available, it can be challenging to determine which blue-chip stocks are the most promising. A
Although strong corporate earnings can support the market’s artificial intelligence-powered surge, sentiment is not consistently optimistic across all sectors and indexes, making undiscovered stocks the way to go at a time of mixed returns. Morgan Stanley believes economic growth will stall, which might lower stock market gains, but Goldman Sachs is forecasting an S&P 500
The Nasdaq 100 represents one of the more realistic economic aggregates to keep an eye on because it’s there you’ll find undervalued Nasdaq stocks. Unlike the Dow Jones Industrial Average, the Nasdaq 100 has triple the company data from which to extrapolate predictions while maintaining a tighter focus on quality and company value. This also
With consumers moving away from fully electric vehicles in favor of gas/electric hybrids, now is not the time to invest in Lucid Group (NASDAQ:LCID). Lucid stock has steadily declined as the company struggles with waning demand and an ongoing series of production problems. Since going public in 2021, Lucid stock has fallen over 70% and
While it’s always fun to see the ideas on your buy list perform well, long-term success is dependent on recognizing stocks to sell. No, it’s often not a comfortable topic to broach. However, holding onto losing enterprises indefinitely could end up hurting your portfolio badly. At the end of the day, everyone in the market
The unprecedented conviction of former President Donald Trump on charges many across the political spectrum agree was a stretch of the law could ignite new interest in Trump Media & Technology Group (NASDAQ:DJT), but expect volatility from Trump Media stock. Trump may use Truth Social to amplify his views and appeal to the case. If
When investors buy stocks on weakness, they purchase securities on dips in the hope that the equities will rebound in the future. Investors try to execute this strategy with names whose pullbacks are overdone or, better yet, completely unjustified. As I’ve pointed out in past columns, buying stocks on weakness is a way of starting
AI technology is expected to turbocharge growth in robotics as it moves beyond programmed tasks to an adaptive learning system. However, both technologies are still in their nascency, offering tremendous long-term upside potential in robotics stocks to buy. Robotics companies are reshaping everything from manufacturing to healthcare by delivering precision and efficiency beyond human capabilities.