The S&P 500 has shown remarkable strength in 2024, largely driven by the tech sector’s robust performance, especially companies benefiting from the surging demand in artificial intelligence (AI). Despite ongoing concerns about inflation and the possibility of high interest rates, the index is up 10% year-to-date. It reaches a fresh record high almost every week.
When you think about blue chip stocks to buy, you’re thinking about some of the very best stocks in the market. And those are names that should always be in your portfolio. Blue chip stocks have a well-deserved reputation because they have stable earnings, great reputations, and solid financials. They always represent companies with a
Dividend growth stocks offer long-term investors the best of both perspectives. You receive a steady income from your investments while having the potential to outperform the market. Growth stocks without dividends mean you only earn a return on your investment when you sell shares. Dividend income stocks have high yields but don’t offer much in
AI, or artificial intelligence, is not a new concept but is one that has taken the stock market by storm over the past year. It seems like any stock even remotely related to AI has enjoyed incredible gains. While some refer to it as a bubble, there is plenty of smart money investing in these
Hydrogen stocks are having a tough time in 2024. The Global X Hydrogen ETF (NASDAQ:HYDR), which holds around 28 different hydrogen energy companies, has plummeted 46.9% on a year-to-date basis. High interest rates, which have a significant impact on capital intensive industries (e.g., renewable energy), have largely soured investor sentiment on hydrogen stocks. The idea is, as interest rates remain elevated,
Changing consumer behaviors can and often do cause upheaval for entire sectors of the economy. For example, newspapers and bookstores can’t keep their heads above water because of the internet. Similarly, the advent of music downloads has largely made music stores (yes, millennials, those actually existed in large numbers) extinct. Smartphones, of course, eventually caused
Gaming has often flown under the radar in the entertainment space, but it continues to command a massive and growing presence. In fact, the most financially successful entertainment property in history is actually a game called Grand Theft Auto V. With that game alone selling 175 million copies globally, it shows the tremendous financial potential
There’s an old saying: fortune favors the bold. Are you ready to take a chance on quantum-computing specialist IonQ (NYSE:IONQ) stock? You’ll get no guarantees whatsoever, but a reasonably sized stake in IONQ stock could be your ticket to a 100% return on your investment. IonQ is a pioneer in the future of artificial intelligence. IonQ’s revenue
As the number of grey-haired people rises worldwide, investors need to notice the strong-buy healthcare stocks. The need for healthcare will grow as the number of people aged 60 years and older doubles by 2050, a situation never before witnessed in the world, thanks to smaller families and longer lifespans. All of this is great for strong
The Russell 2000 is one of the most popular stock indexes, consisting of the 2000 smallest companies from the Russell 3000. Most companies in the index are small cap, which often means more volatility and growth potential. After years of underperformance caused by economic uncertainty, many stocks in the Russell 2000 are trading at a
The urgency to identify high-performing stocks anticipating a market rally is paramount, especially within the technology sector, which is known for its rapid pace and innovation-driven landscape. This context becomes critical when investors look for substantial growth opportunities amidst market fluctuations. In light of this, three tech stocks are currently positioned as compelling investment opportunities
I believe that equity markets are at a point where small-cap and penny stocks can go ballistic. The assumption of multiple rate cuts in the next 12 to 18 months backs this general view. Easy money policy translates into higher speculative activity and high-beta stocks surge. This column discusses three high-risk stocks under $20, likely
The sooner we transition toward a greener and cleaner economy, the better for all human beings. The future is green, and it is fast approaching. Governments worldwide are committing investments to increase the usage of renewable energy sources. Whether you like it or not, the future will be full of renewable energy. The U.S. government
AMC Entertainment (NYSE:AMC) fans may still hope for a post-pandemic recovery for the movie theater chain, but streaming stocks better than AMC are likely the potentially more profitable wager. The reasons for this are twofold. First, prospects are mixed for the U.S. box office in 2024. Instead of a continued rebound to pre-Covid levels, forecasts
There’s a lot of confusion about EV sales as the sector struggles through a downturn. I believe some people are under the impression that EV sales are in decline. That isn’t the truth. Instead, EV sales continue to grow and are expected to increase by 22% in 2024. This means there are plenty of EV
This time of year brings many tasks, holiday shopping and making Easter eggs, mowing the grass for perhaps the first time all year, and giving the house a deep spring cleaning. So why not do the same with your portfolio and rid it of stocks to sell? There’s no time like the present when ridding
Biotech is an industry full of opportunity. It’s also known as one of the riskiest sectors to invest in. Why is this the case? Well, many of these companies are very small and focused on researching new drugs. These drugs, being their products, are thus in development and thus the future revenue is not assured.
Is the stock market getting too euphoric? It’s clear that the indexes are on fire right now, and the gains seem effortless as the markets keep notching new highs. However, sentiment may be getting out of hand. One popular measure of sentiment, CNN‘s Fear and Greed Index, has pushed into extreme readings in recent weeks.
Microsoft (NASDAQ:MSFT) stock hit new highs this month but MSFT may be on the verge of entering the doldrums. A variety of minor factors may drive this change in investor sentiment. Don’t rush to sell just because shares might not do well. MSFT stock may slow but the company continues to capitalize on AI growth.
Apparently, there’s a fund with a large financial stake in electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock. Sensible investors should consider the bigger picture when assessing a company. Despite having a financial backer, LCID stock receives an “F” grade. Slowing EV demand means that manufacturers like Lucid Group are under tremendous pressure. Investors must be cautious and selective.