Amidst the turbulent seas of the stock market, the U.S. is facing a storm. The recent surge in December 2023 retail sales cast a shadow over the hopes of early interest rate cuts by the Federal Reserve this year. The unlikely robustness in consumer spending sent shockwaves through the market, pushing the 10-year Treasury yield
The Magnificent Seven stocks really pulled the brakes in the first week of 2024. Fast forward to today (three trading weeks down, less than one to go), and most Magnificent Seven members are flying higher again. That said, not all Magnificent Seven names have been able to stay too magnificent on a year-to-date basis, and
The robotics sector is on the brink of an extraordinary boom, with MarketsandMarkets projecting its value to skyrocket from $17.0 billion in 2023 to $32.5 billion by 2028. This steep ascent is just the beginning. Clearly, these numbers vividly illustrate that robotics stocks are becoming a magnet for forward-thinking investors. Moreover, robotics transcends mere technological
Dividend investing is a slow and steady path to financial wealth. Investors can accumulate dividend stocks and receive higher payouts every quarter. Dividend reinvestments and hikes aid dividend income goals, but you have to pick the right stocks to maximize your gains. Some investors pursue stocks with higher yields that don’t grow as rapidly as
SoFi’s (NASDAQ:SOFI) competition continues to be strong, while its valuation is quite high and it is likely to be meaningfully hurt by actions taken by the Biden administration now and in the future. Given these points, I recommend that investors sell SOFI stock. Tough Competition On the consumer loan front, SoFi faces steep competition from
SEC Chair Gary Gensler testifies during the House Financial Services Committee hearing titled “Oversight of the Securities and Exchange Commission,” in Rayburn Building on Wednesday, September 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Securities and Exchange Commission, lead by Chair Gary Gensler, is voting Wednesday on new rules to curb
Sustainable agriculture aims to meet the current food and textile needs to ensure the “ability of future generations to meet their own needs.” With global food shortages and water scarcity in several regions, sustainable agriculture is more relevant than ever. It also implies a positive outlook for sustainable agriculture stocks in the coming years. Some
Investors don’t have to dive far into the EV market outlook for evidence that electric vehicle stocks are in trouble. Headlines like this one from Bloomberg quickly indicate that the sector is in ‘shambles.’ Tesla (NASDAQ:TSLA) – the market leader – has seen its share prices drop to levels that it hasn’t tested for two months. It’s been a
If you’re wondering which AI stocks to sell, look no further. Artificial intelligence (AI) continues to be a key driver for the stock market. The tech-focused Nasdaq 100 Index is currently at an all-time high. This is due in large part to investors remaining excited about the potential of AI to remodel society and businesses.
The outlook for the global hydrogen economy is bullish not just for the decade but for the next few decades. I would not hesitate to conclude that there will be massive value creators among hydrogen stocks. With the industry at an aggressive investment stage, it’s a good time to remain invested in some of the best
Palantir Technologies (NASDAQ:PLTR) stock was called the “best pure-play AI name” by Wedbush analyst Dan Ives. If you didn’t own PLTR stock last year, you missed out on a 167% gain by the big data firm. Now its shares aren’t soaring this year like Nvidia’s (NASDAQ: NVDA), rising only 3% over the first three weeks.
The best stocks to buy for growth aren’t always the ones plastered all over media outlets. Magnificent Seven stocks have captured many headlines for long-term gains and market dominance. Those stocks have delivered exceptional growth over the years. It should surprise many investors to see these companies continue to reward long-term investors. However, investors can
In today’s ever-evolving economic landscape, where the threat of recession remains remarkably relevant, the allure of consumer staples stocks has become increasingly prominent. Looking back at the previous year, we witnessed a scenario where stubborn inflation left the Federal Reserve with no option but to ratchet up interest rates. Notably, even as the stock market
Which technology company deserves a spot in the “Magnificent Seven”? A great candidate is chip-making giant Intel (NASDAQ:INTC). Investors should prepare for INTC stock to provide magnificent returns in 2024 as $50 will be distant memory soon. It’s amazing to consider that Intel was a target of derision just a year ago. Now, the company is poised
Advanced Micro Devices (NASDAQ:AMD) stock has been trending higher since the fall, but in recent weeks, AMD stock has really gone parabolic, hitting new all-time highs this month. It could result in panic buying or a bearish reaction, depending on the investor. Admittedly, there is an event next week that could cause the stock to
Alibaba (NYSE:BABA) stock didn’t have a great 2023, but 2024 is looking up. China’s e-commerce giant supports online transactions domestically and internationally. The company operates through a variety of subsidiaries, including Taobao, Tmall, AliExpress, and Alipay. Unfortunately, Alibaba has received little positive press recently. From shelving its cloud computing unit’s IPO to falling behind in market capitalization to competitors,
Stocks are surging right now. The Federal Reserve seems intent on cutting interest rates in 2024. That should help lift valuations for a broad swath of the U.S. equity market, but the stocks to sell out there are ready to burst. With investors enjoying the prospect of cheap money again, irrational valuations are springing up
Marathon Digital (MARA) stock has faced a challenging start to the year, with shares dropping more than 20%. Some of this move can certainly be tied to Bitcoin’s (BTC-USD) performance, especially considering the high expectations for this token following the SEC’s approval of spot ETFs. Indeed, Bitcoin prices directly affect Marathon’s valuation, because Marathon’s entire
Can Apple (NASDAQ:AAPL) stock have a “magnificent” performance this year, like it did in 2023? Apple’s investors should have realistic expectations on Wall Street. Despite being a large company, Apple still faces uncertainty in certain areas. We’ll address Apple’s challenges in a moment. If you already own Apple stock, you’ll likely want to continue holding or possibly
Are you ready to get on board with the electric vehicle takeoff and landing industry? If you’re bullish about air taxis, it’s fine to own Joby Aviation (NYSE:JOBY) stock. However, there’s another air-taxi stock you can buy instead of, or besides, shares of Joby Aviation. I’ve recommended investing in Joby Aviation, and I’ll stand by that