In July, most AI stocks entered a correction as the rotation into sectors such as homebuilders and banks gained momentum. Still, any pullbacks in these stocks present a buying opportunity. We are in the early innings of a new technological era that could continue for decades. Nvidia’s (NASDAQ:NVDA) CEO Jensen Huang calls this ongoing shift
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In the bustling world of biotechnology, innovation remains the cornerstone of growth. Some biotech stocks, known for their groundbreaking research and rapid adaptation to health challenges, are particularly well-positioned to do well in the future. The global biotechnology market, valued at $1.54 trillion in 2023, is expected to soar to $5.68 trillion by 2033. This
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Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest chip manufacturer, reported very strong second-quarter results and is clearly benefiting tremendously from the proliferation of artificial intelligence. Moreover, the valuation of Taiwan Semiconductor stock is undemanding while the firm has multiple, strong, positive catalysts. But investors should be aware the stock does pose more geopolitical risk than
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The market rotation out of AI winners (mostly chip stocks) has gotten extreme in recent days. This change in investor sentiment comes after a period of significant outperformance by these companies, including the best chip stocks like Nvidia (NASDAQ:NVDA), AMD (NASDAQ:AMD), Broadcom (NASDAQ:AVGO) and Micron Technology (NASDAQ:MU), particularly over the past 12 to 18 months.
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Tesla’s (NASDAQ:TSLA) Q2 2024 results have reinforced its lead as a solid buy in the electric vehicle (EV) sector and with Tesla stock. The company had a solid performance, generating $1.6 billion in operating income and $1.5 billion in net income. The performance was attained against restructuring charges in a high-rate environment. With that, Tesla’s energy storage
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Despite growing interest in the green energy revolution, lithium stocks faced challenges this year. Lithium is cruical for lithium-ion batteries, which power everything from electric vehicles to smartphones. Yet, due to a supply glut and slowing demand, its price dropped by over 65% in 2024. Consequently, many sector companies have experienced declines in share prices. Nonetheless,
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Top-performing, mega-cap tech stock Super Micro Computer (NASDAQ:SMCI) has seen impressive investor demand in recent months. As the AI surge has continued, demand for the company’s servers and work centers which power AI companies has continued to see strong growth. With more than $3 billion in revenue highlighting this past quarter’s results, there’s plenty of
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This earnings season presents a unique opportunity to diversify portfolios with the best beverage stocks. As summer temperatures soar, the beverage industry is primed for a significant surge in sales, drawing the attention of consumers and investors alike. The beverage sector includes everything from soft drinks and coffee to innovative alcoholic beverages. It is characterized
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While the stricter definition of consumer stocks might only consist of consumer discretionary stocks, in this article, I will utilize the larger definition that is inclusive of both consumer staple and discretionary sectors. Generally, consumer staples include companies that sell essential goods and services such as food, beverages, and everyday household items. On the other hand, consumer discretionary stocks
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