In his book “100 Baggers,” investors Christopher Mayer describes rare stocks that return $100 to shareholders for every $1 of capital invested. These type of multi-bagger stocks, or heavy compounders, are often referred to as “unicorns” on Wall Street because they are so rare. However, investors need only put money into one unicorn stock to have a successful investing career.
The Biden administration has introduced a formal proposal to forgive student loan debt, aiming to benefit millions and withstand legal scrutiny. This revised plan focuses on debt accrued beyond original loan amounts for certain low-income earners and cancels unpaid interest for all income levels. While some investors have turned toward big tech and FAANG as
Biotech stocks offer the possibility of groundbreaking medical advancements alongside the potential for explosive growth. While the sector carries inherent risks, a select group of biotech companies possesses the potential to deliver substantial returns in the coming years. It is no surprise that investors continue to turn to this sector as advancements in technology strengthen
Few investments can match the profit potential of momentum stocks. They capture the market’s attention and get swept up in a wave of hype that sends their share prices skyrocketing—the fear of missing out kicks in, fueling further buying that validates the momentum trade. Before you know it, these stocks have doubled, tripled, or even quintupled within months.
Jamie Dimon, the CEO of JPMorgan Chase (NYSE:JPM) criticized the U.S. government’s delays in liquefied natural gas (LNG) projects, attributing them to political reasons intended to appease those opposed to oil and gas initiatives. In his annual shareholder letter, he expressed that halting oil and gas projects is “wrong” and “enormously naïve.” This is the
With recent trends centered not only around the health of humans but of our planet and all its inhabitants, vegan diets are more popular than ever. Plant substitutes for meat are just the beginning as plant-based, vegan-friendly foods are becoming available in stores, restaurants, and public institutions like schools. As you may expect, companies that provide
With continued volatility in the stock market right now, it’s no wonder investors are looking for stocks with proven track records to bolster their portfolios. While U.S. stocks opened strong on Monday after a concerning ending to the prior week, investors are still uneasy about the current state of the market. Tensions in the Middle
Buying stocks up over 200% in 2024 is a tricky proposition. On one hand, you don’t want to fight momentum. Plenty of shorts have been burned trying to time a reversal in momentum for hot stocks like Tesla (NASDAQ:TSLA) and even former meme stock megalith Gamestop (NYSE:GME). Likewise, plenty of bulls have gotten cut trying
Tech has been by far the fastest-growing industry in the last two decades, with tech stocks driving a lot of the hype and enthusiasm in the stock market. For years now, tech has been the primary engine behind the broader market’s gains. Not only are the major tech giants continuing their relentless expansion, but we are also seeing
Out of all the alternatives, three stocks bound to outperform decisively in the next earnings season stand out as strong candidates. These businesses provide services in electronic manufacturing, application software, and other areas. They present a special combination of development potential and durability. The first one’s consistent revenue growth, primarily due to its substantial success
Lithium prices may be bottoming out, creating a big opportunity for some of the top lithium stocks to buy now. For one, analysts at UBS and Goldman Sachs just cut their 2024 supply estimates by 33% and 26%, respectively, says Mining.com. Meanwhile, Morgan Stanley just warned about lower inventories in China. In addition, “Double-digit capacity has already
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Dado Ruvic | Reuters The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect
The progress toward legalization of cannabis in the United States continues at a slow pace, but medical marijuana is now permitted in approximately 37 states. Germany recently became the latest country to legalize cannabis for personal use beginning in April, coinciding with the informal holiday of 4/20. It’s the decriminalizing of cannabis at the federal
High-yield stocks often catch the eye of investors due to the seemingly significant, tangible returns on investment. Yet, not all that glitters is gold. In fact, it’s often the case that many names offering outsized yields are attached to a number of risks. Some mask such lurking risks beneath their attractive yields, these are known
Turnaround stocks are like hidden gems, poised for great things after weathering a period of adversity. Investors have to have a keen eye for potential when searching them out. Recently, it’s become apparent that the three companies on this list have been making a change in 2024 and are becoming turnaround stocks as they now
Robotics stocks have been making incredible strides, transforming industries as diverse as healthcare, manufacturing and human capital management. As robots become smarter and more capable, the demand for robotics solutions will continue to soar. While the future is always uncertain, the potential of the robotics industry is undeniable. From self-driving cars to advanced surgical systems,
Small-cap stocks tend to outperform their larger brethren over time. After several years of underperformance, it looked like the little guys were going to start winning again. Inflation was moderating and the Federal Reserve was hinting it would cut interest rates at least three times this year. Beginning last October, the performance of the Russell
Steel stocks have been in focus this week as President Joe Biden has shifted focus to the industry. On April 17, the White House announced plans to enact further tariffs on Chinese-imported steel. In a move intended to safeguard domestic steel and shipbuilding interests from Chinese competitors, Biden is planning to triple the tariffs levied
Many gaming cryptos have yet to take off in the current bull market cycle. However, I believe it’s only a matter of time before many of these projects surge higher. We could be on the cusp of an incoming altseason, as Bitcoin’s (BTC-USD) dominance shows signs of receding. Of course, we may still see new