Rivian Automotive (NASDAQ:RIVN) is slowly losing its shine. Unlike rivals like Tesla (NASDAQ:TSLA) that have seen a boost from recent earnings, the outlook for Rivian stock is decidedly more mixed. Despite its key partnership with Amazon (NASDAQ:AMZN), Rivian’s February 2024 report disappointed, leading to a significant stock price drop. In 2023, the company reported a
As the days pass and the market slowdown continues, many analysts are wondering if the artificial intelligence (AI) bubble has finally popped. From a logical perspective, several companies have disproportionately benefited from the AI moniker and related marketing. However, a deeper question remains, even as price corrections sweep across the AI giants and their affiliates.
Reddit (NYSE:RDDT) has been quite popular since its launch two decades ago. Indeed, 2023 was a mixed-bag of expectations for Reddit stock, especially when investors saw an $804 million revenue which was accompanied by a $91 million loss. Reddit admitted it was slow to monetize its platform, but expressed optimism about its business potential. The
If you’re only looking for a risk-free, “steady Eddie” financial-sector holding, then you probably don’t want to invest in Robinhood Markets (NASDAQ:HOOD). Bear in mind, Robinhood isn’t a traditional broker and trading platform. Still, risk-tolerant folks may find valid reasons to own Robinhood stock, so we’re assigning it a “B” grade. Robinhood became famous as a
Surely, it’s tempting for investors to place huge bets on Taiwan Semiconductor (NYSE:TSM). The company is a chipmaking giant with expectation-beating earnings results. Overeager traders should pay attention to TSM’s outlook for the global chip market. With that in mind, it’s not an ideal time to buy Taiwan Semiconductor stock. It’s been an interesting year
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The world of streaming is rapidly evolving, with more viewers cutting the cord and shifting towards on-demand content. This is why investors are on the hunt for the best streaming stocks to own in 2024. The allure of on-demand content, personalized viewing experiences, and global accessibility has propelled streaming platforms forward. Their ability to adapt
The unwavering pursuit of stocks to make you a millionaire is both exhilarating and challenging. Identifying these superstar stocks requires a keen eye for spotting trends, understanding key financial metrics and being patient. These unique companies possess a rare combination of visionary leadership, disruptive innovation and solid fundamentals. Additionally, they are at the forefront of
As the old adage goes, with great reward comes great risk – many growth stocks have come crashing back down to earth after failing to live up to the hype. So how do you separate the wheat from the chaff? The key is to focus on growth stocks with real profitability or a clear path to getting
Every once in a while, a blind squirrel finds a nut. The same can be said about the best $5 stocks. While I wouldn’t recommend putting more than one or two percentage points of your portfolio in $5 stocks, like a blind squirrel, you sometimes can hit paydirt. It’s not often, mind you, but all
Investing legend Peter Lynch, who managed the flagship Magellan Fund for Fidelity Investments, encouraged individuals to beat Wall Street by buying stocks that they saw doing well on Main Street. From 1977 to 1990, when Lynch managed the Magellan Fund, it posted a 29.2% annual return. Clearly something worked. Now, inspired by the investing legend, I
Electric vehicle (EV) stocks are in a tizzy, communicated by Tesla’s (NASDAQ:TSLA) more than 40% year-to-date slump. If that doesn’t provide enough evidence, consider the Global X Autonomous & Electric Vehicles ETF‘s (NASDAQ:DRIV) near 10% year-to-date drawdown. Although recent results show that EV stocks are under pressure, key metrics indicate numerous EV stocks are oversold. For
As the market pulls back in April, it’s time to put some dry powder to work. Some of the top Nasdaq stocks have pulled back significantly and present opportunities at current levels. After a 25% rally since November 2023, when the market barely had any pullback, a bigger correction was in the cards. It appears
Consumers and small businesses need easy access to cash for important purchases. Fintech companies offer these services and several perks to entice individuals to work with them over the competition. The industry has gotten more competitive as digital banks and fintech companies have sprouted up. Financial institutions no longer need vast networks to compete if
In a bull market, the role of blue-chip stocks is often understated. Investors look for growth stocks with millionaire-maker potential. However, when markets are volatile or trending lower, blue-chip stocks are a fortress for the portfolio. With relatively volatile market conditions, this column discusses three undervalued blue-chip dividend stocks to consider. It’s worth noting that
The U.S. economy holds promise with the rapid growth of robotics stocks and automation across industries. Companies increasingly invest in automated systems, expecting significant improvements in output quality, efficiency and uptime. The retail and consumer goods sector, in particular, is poised to lead this automation wave, with substantial capital allocations planned over the next five
The majority of leading global indices reached new highs in 2024, fueled by loose financial conditions and burgeoning enthusiasm for artificial intelligence (AI). In the U.S., this rally pushed the S&P 500 to fresh highs. And unwavering investor optimism and the prospect of stocks joining the trillion-dollar club maintained the surge. Historically, the markets prefer
While Tesla’s (NASDAQ:TSLA) recent earnings report sent the EV market roaring back with a double-digit recovery, not all EV players are so fortunate. Most EV stocks are diluting existing shareholders to keep their sinking businesses afloat. These “hopeless” EV companies lack the competitive edge and financial runway to truly challenge the industry’s heavyweights. Are you
When dealing with speculative investments – especially overlooked penny stocks – prospective participants must first acknowledge the risks. It’s a wild world out there. Anything can happen and if I may be blunt, that “anything” tends to be something bad. Unfortunately, if you choose 10 overlooked penny stocks, having two of them be winners is
There’s a proverb that states idle hands are the devil’s workshop, which makes sin stocks so compelling. Humans engage in certain practices, whether that involves imbibing or gambling as a means to let off some steam. Yes, the concept undergirding sin stocks is controversial. I don’t think there’s any way of getting around this reality.