The utilities sector performed poorly in 2023 because of rising share prices. The negative sentiment has continued in 2024. As a result, many utilities share prices have fallen, but the yields have reached decade highs. Also, valuations are depressed compared to their historical averages and the S&P 500. This combination means investors can purchase shares
Hydrogen stocks ended 2023 on a sour note and have not started 2024 on good footing either. The Global X Hydrogen ETF (NASDAQ:HYDR), which holds 27 different hydrogen energy companies, has fallen 19.4% on a year-to-date basis. However, this doesn’t mean the sector will not benefit from long-terms secular trends. For example, the Inflation Reduction Act of 2022 provides
Investors may be cooling on electric vehicles, but that doesn’t mean they’re souring on all things electric. Interest in flying car stocks continues to grow. As the name implies, these electric vertical take-off and landing vehicles (eVTOLs) can take off and land in a vertical orientation which creates many use cases that will allow these
Stocks tumbled on February 13 as hotter-than-expected inflation data ignited a surge in Treasury yields. The Dow fell 1.35%, and the S&P 500 slid 1.37%, while the tech-heavy Nasdaq sank 1.8%. January’s CPI rose 0.3% month over month and 3.1% year over year (YOY) exceeding economist estimates. With inflation remaining stubbornly high, fears mounted that
Although passive income represents a core component of portfolio health, some ideas languish under the category of overlooked dividend stocks. Whether because of their unconventional or perhaps controversial businesses, certain companies just don’t get the immediate nod. That might be a mistake. Yes, the usual suspects – such as the most-popular dividend aristocrats and kings
Valued at $591.8 billion in 2022, the global semiconductor market is expected to reach $1.88 trillion by 2032, exhibiting a CAGR of 12.28%. The rising penetration of digital technologies largely propels this growth, rapid adoption of AI and growing demand in the industrial and automotive industries have largely propelled this growth. This data demonstrates that
Hindenburg Research may be the most famous activist short-selling investment research firm in recent history. Where many short sellers run their due diligence, develop a trade thesis and execute behind the scenes, Hindenburg is happy to bring ts research to wider market attention. Hindenburg was instrumental in highlighting Nikola’s (NASDAQ:NKLA) blatant fraud and Adani Group’s
I like tracking Home Depot (NYSE:HD) stock given just how important housing is to the broader economy (and I like that they sell lumber!). That’s why its fourth-quarter earnings report is particularly interesting. Home Depot reported a decline in same-store sales of 3.5% in the fourth quarter of 2023, with a notable 4% decrease observed
The revenue of the global luxury apparel sector is expected to jump from $63 billion in 2023 “to $93.1 billion by 2030,” according to Fortune Business Insights. That increase would represent a fairly impressive compound annual growth rate of 5.74%. Moreover, wealthy people will always spend significant money on their apparel, whether the economy is expanding or contracting, so
Bargain stocks are making a comeback, as growth stocks are now seen as a bubble on the brink of bursting. Amid this shift, value stocks are attractive bets, offering healthy long-term upside and an income stream at attractive prices. These stocks, overshadowed in a market dazzled by high-fliers, present a unique opportunity for diversification and
Palantir Technologies (NYSE:PLTR) initially focused on serving the defense and intelligence sectors but has since expanded its customer base to include various industries such as healthcare, energy, and finance. The company has made impressive strides to improve profitability, and the new AI platform rolled out last year is accelerating top-line growth. As a result, there are
With 2024 now underway, many investors are looking ahead to opportunities for market-beating returns in the coming year. I’m especially excited about the prospects of finding hidden gems primed for explosive growth at reasonable valuations. Buying early into the right growth stories can lead to doubling your money or more within a relatively short timeframe.
What will it take for investors to accept that SoFi Technologies (NASDAQ:SOFI) is a real, chartered bank and not just a fly-by-night operation? Today’s SOFI stock analysis will show that it ought to be above $10, at least, especially considering SoFi Technologies’ impressive financial results. SoFi Technologies is shifting away from its lending business – not completely, but
Reducing his position, well-known investor Warren Buffet recently acknowledged Apple’s (NASDAQ:AAPL) track record of growth. Even though difficulties persist in the Chinese market, Apple’s strong brand opens doors to more possibilities. China continues to be vital to Apple’s earnings, but it’s a global game in the world of consumer discretionary products, with Apple seemingly winning
In 2023, cryptocurrencies saw remarkable growth, with Bitcoin (BTC-USD) and Ethereum (ETH-USD) surging more than 155% and 90%, respectively. Several top 100 tokens surged up to 9600%, with many of the most prominent layer-1 blockchains seeing impressive upside (and I’ll get to those shortly). Despite the staggering gains in many top cryptocurrencies, risks abound. We
A dozen years ago, Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg made business history by betting Facebook on open source clouds, and META stock benefitted. Facebook was just coming public, its market cap an “astounding” $104 billion. It had revenue of $3.71 billion the year before but just $1 billion in operating cash flow. The cost
What do Wall Street’s experts think about PayPal (NASDAQ:PYPL)? Their assessments are mixed, and it seems like the market doesn’t have a clear vision for PayPal. Nevertheless, my PYPL stock analysis remains bullish. Moreover, I encourage investors to give PayPal a chance as 2024 could be the company’s turnaround year. PayPal CEO Alex Chriss sees 2024 as
With ‘AI mania’ possibly on the verge of taking a massive breather, what does this mean for Intel (NASDAQ:INTC)? Per my latest INTC stock analysis, this potential change in short-term market sentiment could be highly favorable for those who have yet to enter a position in the chip maker. Although Intel has yet to really
The EV sector is full of excellent and innovative companies, but Nio (NYSE:NIO) is one of the only large-cap players that’s provided investors with the jitters. Indeed, Nio was recently put into the S&P 500’s list of underperforming stocks, given the stock’s steep decline in January. This is the start of this NIO stock analysis.
If you’re tempted to invest in electric vehicle manufacturer Lucid Group (NASDAQ:LCID), you’d better do your research on the company first. You’ll find out that Lucid Group only delivered 6,001 vehicles in 2023, and that Lucid is a consistently unprofitable startup business. Our LCID stock analysis advises caution and recommends against buying shares currently. Bear in mind, this is a time to