Healthcare stocks trudged through what was a terrible 2023 for the sector. While the S&P 500 rose by 24% during 2023, the healthcare sector managed paltry returns of 0.3%. Yet, hope springs eternal, particularly within the stock market, and investors are increasingly vocalizing their expectations for a 2024 rebound. Share prices throughout the sector remain
The stock market might be at an all-time high, but that doesn’t mean there aren’t opportunities available to investors who want to buy low in the hopes of eventually selling high. In fact, one could argue that there are more deals to be had in the current market than at anytime in recent memory. Because
According to Gartner, Edge AI “refers to the use of AI techniques embedded in [Internet of Things] endpoints….that can process and store data close to where it’s generated.” In other words, Edge AI devices are connected to the internet and have their own AI rather than relying on distant data centers and the cloud. Edge
When it comes to the future of AI, you probably won’t find anyone more bullish than me. I’m confident that AI will fundamentally reshape the global economy over the next several years. And as a result, the top AI stocks will be huge winners on Wall Street. But even the biggest of bull markets don’t
It’s easy to overlook consumer staples stocks when growth stocks are doing so well. After a monstrous 2023 rally for major indices like the Nasdaq 100 and the S&P 500, it’s easy to feel invincible as a growth investor. While growth stocks can continue to rally higher, investors should never feel invincible about their decisions.
Despite the recent economic deceleration, positive factors like a tight labor market and strong consumer spending support a resilient U.S. economy. Goldman Sachs predicts increased state and local government spending, and overall expectations suggest that, while there may be a short slowdown, the U.S. economy is anticipated to remain on a positive trajectory in 2024.
Magnificent 7 stocks can benefit heavily from Bidenomics. The term “Bidenomics” refers to the various economic policies pushed and signed into law by the Biden Administration. President Joe Biden’s administration has signed several legislations, including the CHIPS Act, the Inflation Reduction Act (IRA), and the Infrastructure Investment and Jobs Act. All of which have earmarked
When was the last time you played a video game? Some people haven’t played them in a while, but there is a big demand for the industry. Approximately 3.09 billion people play video games, and that number is expected to reach 3.32 billion in 2024. This will have big implications for gaming stocks. The large fanbase
Startups are some of the riskiest businesses to invest in. The vast majority fail in their first few years. But there is also a compelling argument in favor of startup companies – the fact that they can deliver significant returns if they do become successful. Startup companies can be the best investments to make if
Sentiment for SoFi Technologies (NASDAQ:SOFI) stock tends to ebb-and-flow, and right now sentiment is shifting back toward bearish for two reasons. One has to do with the stock itself, while another has to do with potential unfavorable public policy changes. It may seem a SoFi downturn could last a while. I wouldn’t jump to that
Nio (NYSE:NIO) stock has fallen below $6 per share, levels not seen since before the 2020 “EV stocks” bubble. “EV stock mania” caused a surge in this penny stock during 2020 and 2021 driving it north of $60 per share. With prices at multi-year lows, some may consider buying this Chinese EV maker. My answer
I can’t blame anyone for wanting to invest in renewable energy stocks. There are only so many fossil fuels that mankind can burn, and the Earth is sending out serious signals about the planet’s health and global warming. But you also can’t jump headlong into solar, wind, or other renewable energy names without doing your
Many investors see penny stocks as a risky bet, and understandably so. Those that typically come to mind are speculative biotech stocks or struggling startups, burning through cash and diluting shares. With rising rates making growth difficult, it’s no wonder these companies trade at basement-level valuations compared to the broader market. However, I believe this
Costco Wholesale (NASDAQ:COST) stock continues to be one of the best blue-chip stocks investors can buy and remains the gold standard of the retail sector. In the last 12 months, COST stock has risen 40%, bringing its five-year return to shareholders to 230%. The warehouse club’s stock continues to run circles around its largest competitors,
Quick – what’s the safest “Magnificent Seven” stock to own right now? If you answered Microsoft (NASDAQ:MSFT) stock, you’re not the only one who feels this way. Investing in Microsoft allows you to participate in the growth of the generative artificial intelligence or gen-AI technology market. At the same time, you don’t have to worry about Microsoft
Google parent Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock has been a phenomenal investment over the past decade returning double the S&P 500 on the back of search. Although cloud services are gaining more attention, advertising runs Alphabet. It accounts for 57% of total revenue and produces virtually all of the company’s operating income. While that has been driving
The global shift towards sustainability and clean energy technologies has sparked a new green energy revolution. Over the next few decades, the global energy mix will be flipped on its head. Government’s around the world are working together to cut global GHG emissions and transition towards more green energy sources, and these green energy stocks
Amidst the myriad investment options, the allure of high dividend stocks emerges as a beacon for those seeking returns and a reliable income stream. Picture this, a world where your investments not only yield dividends but also echo a harmony of responsible business practices. In this context, this triumvirate of three distinct entities converge on
The metaverse, a longstanding concept, is gaining traction in the world of technology stocks. Consisting of interconnected platforms, it enables real-time communication and interaction. The key goal of the metaverse is to merge the virtual and real. For example, users can shop for products or attend concerts in the digital world. The metaverse buzz has
According to the International Monetary Fund, we are on the brink of a technology revolution spearheaded by artificial intelligence. The technology will boost productivity, accelerate global growth and raise incomes globally. Multiple AI stocks will benefit from this transformation. Today, businesses are analyzing how they can leverage AI to improve productivity and how it affects