Amazon stock (NASDAQ:AMZN) stock remains one of the top tech stocks to buy in 2024. The company remains a leader in the technology and retail landscape, and has a number of tailwinds to drive growth in the 2024 fiscal year. Apart from their strong positioning in the AI race, Amazon’s e-commerce business continues to hold
When travelers and investors think about the airline industry, their attention remains captivated by big names like United Airlines (NASDAQ:UAL) or Delta (NYSE:DAL). After all, these airlines operate the most exciting routes and aircraft, with flashy first-class amenities and branded credit cards. Moreover, these major airline companies provide some of the highest profile and potentially
The artificial intelligence (AI) hype is fueling the market to new highs. As per a report from PwC, AI could contribute $15.7 trillion to the global economy by 2030. And the greatest economic gains will be in China and North America. Nasdaq and S&P 500 hit new highs driven by the soaring “Magnificent Seven”. If you are not investing in the multibagger
While artificial intelligence may be useful for a variety of purposes – including asking silly questions we’re afraid to pose in real life – the ultimate end game for digital intelligence could be to advance the human condition, which brings us to medical AI stocks. When conducted in a controlled environment, AI can help accelerate
Volatility is rising in the stock market. Between the recent hot inflation data and mounting geopolitical tensions, investors are starting to reassess the broader economic environment. It seems that the Federal Reserve might not come through with previously anticipated interest rate cuts. This, in turn, has the potential to greatly reduce the speculative juices in
The EV sector continues to undergo a period of extreme difficulty. EV sales growth is slowing, adoption rates are not as high as they once were, and global demand has weakened severely. All of those factors suggest that investors should purge their portfolios of these EV stocks to sell. It’s still too far too early to
It’s been a month since Boeing (NYSE:BA) CEO Dave Calhoun announced that he would step down at the end of 2024. While his departure wasn’t termed a “firing,” there is no question Calhoun’s name would have been on a list, if there were one, of CEOs that need to be fired. The embattled company was
A lot of success in the market goes unseen. Certain stocks tend to get written about ad nauseum while others get no attention at all. A stock like electric vehicle maker Tesla (NASDAQ:TSLA) is down 43% on the year, and journalists and analysts on TV discuss it around the clock. At the same time, not
Nest eggs can set you up nicely for retirement. The stocks in your retirement account can get you closer to your long-term financial goals and offer some stability when you need it the most. Younger investors tend to buy growth stocks because they have more time to wait for stocks to realize their full potential.
Given the stickiness in inflation, avoiding consumer discretionary stocks like athleisure is more prudent. However, with U.S. retail sales showing remarkable resilience in the past few months, you should consider betting on the best athleisure stocks. Athleisure, which essentially blends athletic and leisure wear, remains popular despite inflationary pressures due to its versatility. Its unique benefits make
Finding possibilities with high growth potential is crucial in the fast-paced world of investments. Three stocks to buy, in particular, stand out as possible game-changers in the tech sector. These companies have proven their strategic insight and perseverance in facing difficulties and market swings, making them appealing investments. The first has sharpened its emphasis on
The Bitcoin (BTC-USD) halving event has passed, and with it comes a renewed interest in blockchain technology and its potential for transforming various industries. As the cryptocurrency market continues to evolve, savvy investors are looking beyond just Bitcoin and exploring opportunities in companies that are leveraging blockchain technology to disrupt traditional business models. Despite the
Dividend stocks can offer some solace during market turbulence. These stocks offer steady payouts during every economic cycle and are often more stable than unprofitable firms. Corporations can only give out dividends if they can reliably report profits. Those same businesses can only achieve impressive dividend growth rates if their net incomes continue to grow.
I’d argue that investing in the Dow in April is a particularly smart move. Dow Jones stocks represent 30 of the most prominent U.S. firms. Stocks listed in the Dow tend to be more defensive than the Nasdaq and other indices. The reason that matters is that investors are currently seeking safety. Rate cut expectations
While integrated hydrocarbon energy stalwart Shell stock (NYSE:SHEL) may seem an anachronistic enterprise, the current juncture bodes very well for SHEL. Undeniably, it’s a cynical narrative. With geopolitical flashpoints sprouting in multiple regions, the implied risk of oil supply chain disruptions could lift Shell stock. However, the company also benefits from its pivot toward green
The S&P 500 took a beating last week, shedding more than 3% as investors rotated out of AI stocks. Nvidia (NASDAQ:NVDA), perhaps the biggest AI trailblazer, saw the second biggest daily loss in the market for any U.S. company on Friday, losing more than $200 billion. With these concerning developments, it’s not surprising that investors
Many investors look to analysts’ expectations to guide their movements each quarter. Typically, those investors can reasonably use estimates as a reference. However, some stocks rise above and beyond those expectations with breakthrough products, exciting partnerships/deals and incredible quarterly performances. Stocks with such potential give investors a golden opportunity to buy at a lower price
Finding stocks to buy in today’s relatively overvalued and volatile market isn’t as easy as it was when initial rate cuts dropped top stocks to bottom-barrel pricing. While many quickly point to tech stocks as the main wealth drivers in today’s economy, forward-thinking investors know to seek diversification across industries, geographic locations, size, scale, and
Trade wars are always destructive. The current escalation in the chip wars will be no different. The Biden administration banned the use of equipment from China’s Huawei and ZTE over alleged national security concerns. Semiconductor stocks like Nvidia (NASDAQ:NVDA) were prohibited from selling their high-end chips to China. Now Beijing is retaliating. It is barring
2024 started with a bang, initially leaving behind the worries of inflation and a high-interest environment. The first quarter was excellent with Nasdaq hitting new highs and several stocks soaring beyond the 52-week highs. However, the second quarter has started on a muted note with a higher-than-expected inflation report and a subsequent delay in rate cuts. But the ongoing