Xiaomi (OTCMKTS:XIACY), known for its smartphones, is making a bold entry into the electric vehicle (EV) market. The company announced it will launch its first EV at competitive prices, which put several names in the EV stocks to avoid category following the highly successful SU7 launch. Xiaomi co-founder Lei Jun unveiled the SU7 range, with
Artificial intelligence isn’t going anywhere. Bloomberg Intelligence forecasts that the generative AI market will grow to $1.3 trillion over the next 10 years from $40 billion in 2022. The technology promises to change all our lives in both small and big ways. The future is both exciting and a little intimidating when it comes to the brave
Legendary investor Peter Lynch coined the term “tenbagger”. It refers to stocks that increase 10 times in value, generating 1,000% returns for early investors. In his investing bible, “One Up on Wall Street,” Lynch revealed his methodology for identifying these massive winners early. So what should investors look for in potential tenbagger Peter Lynch stocks?
Biotech stocks are one of the hottest investing opportunities in the stock marketlately. The optimism surrounding the industry is evident in the SPDR S&PBiotech ETF’s (NYSEARCA:XBI) 25% bump in value over the past six months, outpacing broader market gains. Moreover, with the impending interest rates cuts, it might be an ideal time to scoop the
The case for boring stocks to buy stems from good news that could actually be bad news. Yes, we’re playing that silly game again. As InvestorPlace’s Shrey Dua mentioned, Wall Street is divided over the March jobs report. On one hand, the latest print – 303,000 nonfarm payrolls added – demonstrates continued strength in the
The tech industry is a fertile ground for exploration in the current dynamic market scenario, promising significant returns for investors. Let’s delve into the emerging potential of three renowned technology businesses. The first company’s strategic expansion of its Shield SaaS services into the Philippines is a testament to its proactive approach, showcasing its ability to
Electric vehicle (EV) stocks fell sharply last year as fully electric and plug-in hybrid electric vehicle (PHEV) sales increased 31% globally in 2023 after growing by 60% in 2022. But this year, demand is expected to rebound, with EV sales volume expected to reach $623 billion in 2024. Most of this new demand will come
When building a stock portfolio, the most prudent strategy is typically to buy and hold shares of quality companies for the long haul. Avoiding businesses with flawed fundamentals or deteriorating financials can save you from getting stuck holding the bag on failing investments. However, I believe keeping a small portion of your portfolio for contrarian
The global AI Race has begun, and it’s off to a red-hot start. Companies like Microsoft (MSFT), Amazon (AMZN) and Apple (AAPL) – among countless others – are all pouring billions of dollars into this groundbreaking tech. Why? Because they know that the winner of the AI Race will inevitably become the world’s most powerful
Lithium carbonate, the rare earth mineral needed to make lithium-ion batteries that power everything from electric vehicles to smartphones, had seen quite some price pressure since interest rates became elevated towards the end of 2022. Looking at lithium prices today, the story is a bit different. While lithium carbonate prices have fallen more than 48%
In the 16 months since ChatGPT was introduced three truths have been proven in generative artificial intelligence (GenAI). Broadly, this has meant short-term pain for Apple stock (NASDAQ:AAPL). First, the Cloud needs to be upgraded. Second, consumer applications will take time to develop. Third, consumers will need new clients to take advantage of them. Microsoft
A good stock can help you outperform the market and reach your financial goals sooner. While many investors seek to find a winning stock, it’s best to diversify your holdings across numerous assets. This has led to this list of top stocks to buy. Spreading your money across multiple stocks minimizes your risk. You also
Penny stocks and pharmaceutical stocks are highly interrelated. Both asset classes are speculative in nature and many of the highest potential penny stocks tend to exist in the pharma sector. The reason is simple: returns for successfully developing a therapeutic drug or medical device are very high but the chances of failure are also very
Nvidia stock (NASDAQ:NVDA) shareholders have had a good start to the 2024. The acclaimed chipmaker’s shares have risen more than 75% on a year-to-date basis off the back of the artificial intelligence wave that has broadly lifted technology equities since 2023. Since the advent of this year’s second quarter, the stock market rally appears to
Video game retailer GameStop stock (NYSE:GME) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months. The stock sold off sharply after reporting fourth-quarter earnings late last
Tesla stock (NASDAQ:TSLA) is an American automotive company headquartered in Austin, Texas. The company was known for its innovative electric vehicle (EV) technology and green energy usage. The company’s stock is down almost 30% YTD leading some investors wondering what to do now. Although the company has some promising growth in the future, including the
Dividend stocks are finally cycling back into portfolios after a few years’ worth of higher interest rates put fixed-income options ahead of dividend distribution yield for income investors. As those investors circle back toward dividend stocks, a few things have changed about how to best look at the many available offerings – but that’s true
There are seven meme stocks to sell in April before the worst comes to worst. Meme stocks are often driven by hype and social media frenzy rather than fundamental business factors, can be incredibly volatile and unpredictable. While the potential for big gains can be enticing, the risks involved shouldn’t be overlooked. These stocks can
If you think about it, many of today’s high-flying stocks were once ignored by the Street. Nvidia (NASDAQ:NVDA) was a struggling video-game chip maker, Amazon (NASDAQ:AMZN) was a fledgling online book seller and Apple (NASDAQ:AAPL) was a formerly successful PC maker, fighting to stay in business. Indeed, the Street tends to shun stocks with great
Tesla (NASDAQ:TSLA) represents the fully electric vehicle market, but Toyota Motor (NYSE:TM) represents hybrid electric vehicles. As EV demand fails to live up to the hype, you may be eager to bet on the growth of the HEV industry. An easy way to get on board the hybrid revolution is by owning Toyota stock. Not