Tax refunds are landing in bank accounts and mailboxes across America, giving people some extra money to play with. As of the federal income tax deadline of April 15, the Internal Revenue Service (IRS) has issued $201 billion worth of tax refunds. The average refund size per person this year is $3,011, which is up
The concept of stocks for a hot job market comes at an awkward juncture. From the perspective of the Federal Reserve, it sought an excuse to raise interest rates. Now, with nonfarm payrolls coming in hotter than anticipated, it may not be impossible for a policy pivot to occur. Still, one alternative proposal is that
There are three meme stocks and cryptos for investors to consider in April this year. I think that these companies could rally significantly moving forward. The major stock market indices like the S&P 500 and Nasdaq Composite have had a strong start to 2024, with substantial gains. This impressive run-up has led to concerns about
Are you looking for the best ex-SPAC stocks to buy now? It might not be your cup of tea, but Trump Media & Technology Group (NASDAQ:DJT) is one of the best-performing ex-SPACs currently listed on a U.S. stock exchange. Since Donald Trump won the Iowa primary in mid-January, its shares have appreciated by 52%, hitting
Robotics and related technologies, such as workflow automation products, cloud services, and generative AI technology, have captivated the investing community. They have assisted in leading the overall market higher over this past year especially. Investors are very interested in technology companies focused on innovation and the rollout of brand-new products and services. With the technology
Imagine turning a modest $10,000 investment into a cool $1 million – that’s the dream, isn’t it? While such a goal may sound far-fetched, the reality is there are thousands of companies in the U.S. alone with over $1 billion in market capitalization today. What if you could have invested in one of those behemoths
In the world of investing, no single rule needs to be followed. Whether technical, fundamentals, short-term trading or long-term investing, the bottom line is generating returns that consistently beat the index. One strategy that has worked in the last few years to generate quick returns is exposure to short-squeeze stocks. The idea emerged during the
United States equities have been quite mixed in Q2. The S&P 500 has fallen 3.7% and the tech-heavy Nasdaq 1.2%. The Dow Jones Industrial is performing the worst of the other indices. The index that tracks many blue-chip stocks has dropped more than 5% for the quarter and is only up 0.12% on a year-to-date perspective,
Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets. While it does not imply that these ideas will not work, I prefer to invest in potential multibagger growth stocks that are not in the limelight. These
Apple (NASDAQ:AAPL) stock has been a wild mover in recent sessions, blasting off on excitement for AI-centric M4 Macs, only to plunge in the following sessions. Indeed, Apple’s prior chips featured Neural Engines that helped power various background applications. However, many iPhone users probably viewed the hardware as an afterthought rather than a main draw
Cloud computing is a vast industry expected to achieve a 16.40% compounded growth rate until 2029. Businesses operating in this sector have experienced rising revenue and profit margin expansion. Some big tech corporations have embraced this technology and have become early adopters. The early mover advantage has helped a few large companies end up with a significant
Penny growth stocks can be some of the most lucrative yet perilous investments out there. While many penny stocks end up being worthless, the ones that succeed can deliver absolutely massive returns and take you from rags to riches. However, you need to be highly selective, as the outcome of losing your entire investment is
Meta Platforms (NASDAQ:META) has stayed on a winning streak thus far in 2024, but in recent weeks, Meta Platforms stock has hit a wall. Investors are awaiting major developments before making their decision. The wait is almost over for Meta, which will release quarterly results and guidance updates on April 24 after the market closes.
Dividend growth stocks are an excellent choice for long-term investors. Mostly, this is due to their potential to generate above-average total returns over a multi-year time frame. There are two reasons for this. First, stocks with consistently growing dividends typically have earnings that are consistently growing as well. Stocks with steady earnings growth typically appreciate
So far only a few software stocks have benefited tremendously from the AI revolution, including Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). But, according to Investor’s Business Daily, it’s widely believed that most AI software stocks will not monetize AI in a material way until late 2024 or 2025. That’s partly because AI has become much
Plug Power (NASDAQ:PLUG) stock has certainly gained recognition for its green hydrogen business model. This company is a leader in hydrogen fuel cells and services, often seen as benefiting green energy infrastructure. With government spending increasing and EV adoption growing rapidly, PLUG stock has the potential to be a big winner. Unfortunately, a slowdown in
Dividend stocks are your best friend if you’re looking to compound your money safely without worrying about the massive downside risk that often comes with buying into high-flying tech or growth stocks. However, not all dividend payers are boring old companies with no potential for capital appreciation. The current environment has caused many great businesses
Robotics stocks offer a high-potential frontier, considering the market is expected to grow over 11% between 2024 to 2028. It’s anticipated to eventually land on a total market volume of over $65 billion. A leading robotic vacuum maker expects its market to rise from $12 billion in 2021 to $51 billion by 2028. Another robotic-assisted
The first official summer day is June 20, just two months from now. This has me thinking about summer stocks and companies that benefit from the warm weather between June and September. Walt Disney (NYSE:DIS) naturally comes to mind. If you bought last October at its 52-week low of $78.73, you’re up 43% in six
Buying and holding stocks for years is some of the most common advice you’d hear from market experts when it comes to building your wealth. My own average holding is ten years, though I’m (slowly) moving toward a more income-based portfolio. Buy-and-hold eliminates some laborious processes, like monitoring your portfolio daily to find your entries