President Biden has taken a very strong approach towards the renewable energy goals. He has announced several tax credits for renewable energy companies. The president has committed to increasing renewable energy production on land and water, which has given a boost to renewable energy stocks across the country. While 2023 saw a slowdown in the
Wall Street analysts regularly share their stock recommendations based on detailed research, knowledge of previous stock market cycles, financial strength, long-term catalysts, and other information. Each analyst has different opinions about various stocks, but it seems like many analysts agree about a few stocks. If most Wall Street analysts rate a stock as a “Buy,”
The cloud computing industry still has plenty of growth potential. The sector is projected to grow at a compounded annual growth rate of 16.40% from now until 2029. Many corporations that operate in this vertical have expanded their profit margins and stand to generate higher earnings thanks to scalability. Investors can choose from several cloud computing
The US tax refund season brings positive news as the average IRS tax refund, currently at $3,182, reflects a 5.1% increase from last year. Despite a slight dip of 1.7% in the number of tax returns filed the U.S. Internal Revenue Service (IRS) reports a smooth and efficient start to tax filing season. With no
In 2024, the stock market is humming along, with the S&P 500 and the Dow Jones Industrial Average hitting new all-time highs in January. This builds on bullish performance from 2023. As Q1 winds to a close and the economy strengthens, it is time to look at three top-performing dividend stocks. Dividend stocks are typically
In the flourishing pet care market, undervalued pet stocks are strategic choices for investors eyeing long-term portfolio expansion. These stocks latch onto the pet industry’s powerful growth potential, marked by a 30% surge in global pet food sales from 2019 to 2023. Fueling investor enthusiasm is the pet care market’s worth of $246.6 billion, with
At first glance, a concerted focus on stable blue-chip stocks might seem excessively cautious. After all, the market is booming, companies are hiring and people are spending. Don’t readily believe everything that you hear. No, I’m not advocating a doom-and-gloom narrative. However, there’s some evidence that a rotation out of the usual suspects – typically
As if SVB Financial wasn’t enough of a lesson for do-it-yourself investors that bank stocks are a terrible idea, the New York Community Bancorp (NYSE:NYCB) debacle is a second reminder in the past year that all but the savviest investors avoid bank stocks. Unlike most stocks, banks have a completely different set of financial statements
Amidst a shifting landscape, undervalued cannabis stocks are catching the eye of savvy investors. The U.S. government’s potential de-scheduling of marijuana and a Gallup survey revealing a 70% approval rate for federal-level legalization signal a notable shift in public sentiment and policy. These developments, along with the prospect of a Democratic Party win, paint a
Finding the next multi-bagger investment isn’t as easy as staking all your cash on a Fabulous Four stock like Nvidia (NASDAQ:NVDA) or playing it safe by index investing. Instead, the key to long-term, massive gains is finding speculative stocks with potential that the market is overlooking. In a nutshell, you’re like an investor buying into
With the broader indices gaining this year, the time is ripe to check on the best penny stocks on Robinhood. The penny stock sector undoubtedly bears its own risks. But if played right, it can offer rewarding potential. For instance, shares of NVIDIA Corporation (NASDAQ:NVDA) had no hope of surpassing the two-dollar barrier in the
There are some bargains in the market for investors interested in buying shares of flying car stocks. While the flying car industry is still in its infancy, several companies are making significant strides toward making this futuristic mode of transportation a reality. As with any emerging technology, there are risks involved. The potential rewards for
There are some strong buy Russell 2000 stocks for investors to consider adding to their portfolios in March 2024. While the overall market has experienced volatility in recent months, several small-cap companies within the Russell 2000 index have demonstrated promising growth prospects, and analysts are bullish on their prospects. These stocks could offer attractive entry
The gig economy has grown by leaps and bounds over the past several years. Moving ahead, there’s a good chance the American gig economy could continue to grow at a rate outpacing that of the overall labor force. Indeed, it’s hard to imagine, but gig work could continue to outpace traditional work as younger generations
The fintech sector saw top plays go down ahead of the 2022 market selloff that hit the technology sector quite hard. You could say the fintech pure-plays were the tech-driven early warning signs, as rate fears started to drag share prices of top technological innovators lower. A number of technology stocks have been off to
Amidst Bitcoin’s massive surge, investors are eagerly searching for Bitcoin-related stocks to join in the bull run. These Bitcoin-related stocks each carve a niche in the rapidly evolving financial technology sector. The first one stands at the forefront of cryptocurrency mining, showcasing remarkable growth and strategic miner acquisitions that set the stage for future expansion.
Companies and governments worldwide invest significant money into sustainable, clean energy sources. The primary recipients of this money are manufacturers and producers that create technology to fuel this evolution. This in turn leads to some incredible renewable energy stocks. The three stocks on this list are leading the charge and making considerable investments. This position
2023 was a rough year for electric vehicle space. Industry leaders like Tesla (NASDAQ:TSLA) have seen their shares dramatically underperform as traders focus on other fields like artificial intelligence and semiconductors. It’s not just sentiment, though. EV firms struggle to generate much profitability amid intense competition and an unfavorable macroeconomic backdrop. It seems a period of consolidation
In investing, where uncertainty often reigns high, dividend kings are the beacons of income stability and growth. Among them, three companies hold enduring leads. These titans build reliable income streams through dividends with considerable resilience in navigating turbulent macro-environments. They offer decades of constant dividend growth and solid financial fundamentals with market dominance. The first
Tech stocks continue to outperform. The Nasdaq index is up nearly 10% this year compared to an 8% increase in the benchmark S&P 500 index and a 3% gain in the blue-chip Dow Jones Industrial Average. However, the rally among technology stocks continues to be uneven. While the Magnificent Seven and stocks of microchip companies