Smart investors always search for underutilized prospects with room to expand and provide stability. Here, you’ll find three of these undiscovered gems. These dividend stocks, though overlooked, provide attractive chances to expand holdings and realize long-term gains. The first one offers a special opportunity to profit from the growing market for cannabis cultivation and processing
Microsoft stock (NASDAQ:MSFT) continues to rollout new artificial intelligence features that will drive its earnings and stock higher in the coming months and years. Microsoft stock currently has a “strong buy” rating based on the views of 35 Wall Street analysts who track the company’s progress. The average price target on Microsoft’s shares is $474.08,
At the start of April, I wrote that investors looking to buy Apple stock (NASDAQ:AAPL) should wait for the dip. The reason was that Apple seemed to be waiting on AI. Since then, the stock is up $8 per share, adding about $130 billion to its market cap. I won’t take credit, even though I
When electric-vehicle manufacturer Rivian stock (NASDAQ:RIVN) entered the scene, its debut represented a breath of fresh air. While Tesla (NASDAQ:TSLA) remains the sector leader, its designs have arguably become predictable and therefore stale. On the other hand, Rivian effortlessly blended classic lines with modern accoutrements, thus bolstering the case (at the time of its debut)
Sometimes enterprise artificial intelligence company C3.ai (NYSE:AI) is in favor on Wall Street; other times, C3.ai stock gets sold off. The sell-offs are great opportunities to buy shares on the cheap, as the bull case for C3.ai hasn’t changed. Bear in mind, C3.ai serves both private-sector and public-sector clients. If the company can delivery AI-enhanced security to more
The next two years can be make-or-break for the cannabis sector. The biggest speed bump to growth for cannabis companies is not competition, but regulations headwinds. And it’s highly probably those headwinds will wane. Therefore, now is a good time to buy cannabis penny stocks for multibagger returns with an investment horizon of 24 months.
According to Investopedia, “Momentum investing is a trading strategy in which investors buy securities that are rising and sell them when they look to have peaked.” Typically, momentum investors also use stop-loss orders to quickly sell stocks that fall significantly. Among the advantages of momentum trading is the ability to make profits very quickly and
Tesla (NASDAQ:TSLA) stock has continued to slide lower after mediocre news reports. Year-to-date, TSLA is down by over 30%. After this pullback, some may see an opportunity to buy this top electric vehicle brand. It’s too early to say if the risks and uncertainties are already factored into share prices. Rather, the stock has arguably
By now, it’s evident that the market’s enthusiasm about Nvidia (NASDAQ:NVDA) isn’t just hype or a fad. We expect the demand for Nvidia’s artificial intelligence enabled processors to remain strong in the coming quarters. That’s why the company and the stock have staying power, and we’re giving Nvidia stock an “A” grade. The Nvidia bears and sideline-sitters have been wrong all
Finding good prospects is crucial when making technological investments. In 2024, three gems stand ready to change the whole market narrative. These businesses, which operate across a range of industries, from information technology to industrials, have solid growth and innovation stories and are solid options among AI stocks. The first company’s shift from net losses
Energy stocks are again in fashion with investors. During the month of March, the energy sector was the strongest performer among the 11 stock market sectors. Year-to-date, it is only behind communication services in terms of performance. A lot is going on in the energy world, fueling higher prices. Middle East turmoil continues while concerns
As simplistic as the methodology is, momentum investing can generate market-beating returns. However, momentum anomalies tend to collapse when structural breaks occur in the economy. As such, frequent revision of your momentum positions is required. I have reason to believe that the stock market has reached a pivotal point. Although the U.S. Consumer Price Index
Concerns about inflation and higher for longer interest rates have markets on edge. After a great first quarter, volatility has returned to stocks. This has hedge fund managers scrambling to adjust their portfolios. In fact, hedge funds are selling stocks at the fastest pace in three months and increasing their short bets as they batten
Many stock traders want to catch the next hot initial public offering (IPO) in hopes of a multi-bagger. If they get lucky, they’ll find the next Meta Platforms (NASDAQ:META). Don’t count on Reddit (NYSE:RDDT) becoming the next Meta, however. If Reddit stock gives you anything, it will only be headaches and harsh lessons. I’ll admit
Dividend growth stocks with high dividend growth rates can reward investors with appreciation and higher payouts each year. Patient investors who can hold onto their investments for more than a decade can generate significant cash flow that can help with living expenses. The telltale signs of a dividend growth stock are rising financials and a
Investing in underrated stocks can offer a higher margin of safety. These stocks can weather economic uncertainty and stock market volatility better than many corporations. While the current valuation is useful for determining if a stock is undervalued, it doesn’t tell the entire story. Also, bargain stocks offer compelling growth opportunities relative to their valuations.
The future of the U.S. economy appears promising, with robust growth and strong corporate performance. This economic strength has propelled the stock market to record highs, signaling confidence in the economy’s resilience. The well established pharmaceutical industry continues to assert its economic dominance through resolute financials. In 2022, pharma stocks brought in $510.5 billion, with
Solar energy has been one of the fastest growing sectors over the past decades. For the past two years, the solar industry has been the top recipient of federal energy subsidies and incentives among other renewable energy industries. Furthermore, the solar power segment accounted for the largest market share of 30.95% in the renewable energy
When Tesla (NASDAQ:TSLA) founder and CEO Elon Musk announced a date of August 8 for its robotaxi event, the stock managed to nudge higher amid its multi-year downturn. Though shares have since reversed lower again, everybody will tune in when Musk hits the stage this summer. The company’s potential innovations may just be able to
The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery. However, the tide may soon be turning in favor of these beaten-down disruptors. Monetary policy looks destined to shift in short order. And when it does,