Despite challenges, SoFi Technologies (NASDAQ:SOFI) stock thrived in 2023, rising 85% on record revenue and member growth. The end of student loan forbearance boosted earnings, and SoFi stock 480,000 members and 847,000 products in Q3, showcasing effective cross-selling and customer retention. Banking, an age-old industry, has evolved significantly with technological advances disrupting various sectors. SoFi,
Within the dividend stock portfolio, there is a case for finer diversification. First, there are blue-chip dividend stocks with stable cash flows and relatively muted dividend growth. Further, there are some of the best dividend growth stocks to buy that also trade at attractive valuations. This column focuses on the dividend growth stocks that are
Investors have been preoccupied with interest rates over the past year. The Federal Reserve raised interest rates at its fastest rate in many years. This caused steep selloffs in many sectors of the stock market. For companies with heavy debtloads or high capital intensity, higher interest rates could be an existential risk. For other companies,
The Nasdaq 100 has been an emotional ride for investors. From a heart-stopping 34% plunge in 2022 to giddy elation at last year’s 54% surge, the tech-heavy index has been a non-stop, white-knuckle experience. Where it heads next is anyone’s guess. Comprised of the 100 largest non-financial companies listed on the Nasdaq exchange, the index stands pretty much
Growth stocks tend to outperform industry peers in earnings or revenue growth, often holding higher valuations based on metrics like price-earnings, price-sales and price-free cash flow ratios. For these companies, maintaining strong momentum is crucial for their valuations to hold up over time. Accordingly, building a portfolio of the ultimate growth stocks usually means finding
Small-cap semiconductor stocks have emerged as a promising investment opportunity, poised for substantial growth in 2024. As global demand for energy storage, automotive, robotics, and artificial intelligence soars, the industry holds tremendous long term potential. Last year the global semiconductor industry saw a huge boom, driven by the increased demand for AI chips. However, artificial
There could be substantial opportunities for undervalued hydrogen stocks. That is, if President Biden loosens the proposed rules on hydrogen tax credits, making them far friendlier to producers, as E&E News notes. In fact, according to Senate Environment and Public Works Chair Tom Carper (D-Del.) and Senate Energy and Natural Resources Chair Joe Manchin (D-W.Va.), the current
Microsoft (NASDAQ:MSFT), often viewed as one of the top tech giants worth buying, continues to outperform. The company has embraced artificial intelligence, with investments in OpenAI and integrated AI into the company’s core products. This has held to impressive results, with MSFT stock reporting $56.5 billion in revenue in the most recent quarter, with more
Nvidia (NASDAQ:NVDA) stock was one of the best-performing names of 2023, with a staggering gain of more than 240%. This year looks good too. The chip maker has been riding high on the booming demand for its artificial intelligence solutions. While there are several reasons investors should be optimistic about NVDA stock, investors should also be wary
A decade ago, it would have seemed implausible that even the best nuclear energy stocks would recover. After the Fukushima accident in Japan, nuclear power was low. Governments were shutting down plants in countries such as Germany, and there was minimal interest in building new plants in the United States or other key electricity markets.
Wall Street seems to have determined that Coinbase (NASDAQ:COIN) will be more hurt than helped by the new Bitcoin (CCC:BTC) spot ETFs. Meanwhile, COIN’s valuation remains extremely high, and the potentially ruinous lawsuit against the firm by the Securities and Exchange Commission will soon be prominent in investors’ minds. Most law-abiding COIN users will probably
Will you settle for a pretty good year after a magnificent one? Apple (NASDAQ:AAPL) still deserves its designation as a member of the prestigious “Magnificent Seven” club. AAPL stock gets a “B” grade and shouldn’t be expected to rally as sharply in 2024 as it did in 2023. To put this in perspective, the Apple share price gained nearly
Electric vehicle stocks are trending lower, and Tesla (NASDAQ:TSLA) is no exception. After performing well during the final two months of 2023, TSLA stock thus far this year has declined by around 12%. While shares in the company’s smaller, more fledgling competitors have experienced even sharper declines, I can see why you may think this
Meta Platforms (NASDAQ:META) remains one of the world’s largest and most influential technology companies. META stock operates some of the most popular social media platforms including Facebook, Instagram, WhatsApp, and Messenger. It also develops and sells hardware products, such as Quest mixed reality headsets, Portal smart displays, and Ray-Ban smart glasses. In addition, it is
Palantir Technologies (NYSE:PLTR) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release. Yet while this suggests now is not the time
Cryptocurrency and the blockchain are headline-news topics now. Consequently, you may be tempted to load up on Marathon Digital (NASDAQ:MARA). Yet, just because the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin (BTC-USD) exchange-traded funds (ETFs), this doesn’t mean you should make a hasty trade with MARA stock. At the very least, consider Marathon Digital’s risks
On Wall Street zeroes can become heroes relatively quickly. For example, in the past the Street hated Roku (NASDAQ:ROKU), Intel (NASDAQ:INTC), Shopify (NYSE:SHOP) and Pinterest (NYSE:PINS) and now they’re all among the most beloved names in the stock market. Often, positive macro trends can explain the transformation. For example, Roku and Pinterest got a big
When it comes to speculative investments, nano-cap stocks reside on the extreme end of the spectrum. With market capitalizations below $10 million, these tiny companies come with oversized risk. Sinking money into them is akin to gambling — you might strike it big, but chances are you’ll end up empty-handed. That said, while nano-cap stocks
The US economy is on a positive trajectory, with a notable decline in inflation over the second half of the previous year. Raphael Bostic, the Atlanta Fed president, anticipates a slower progression of inflation moving forward and envisions it reaching around 2.5% by the end of 2024. Despite uncertainties, such as disruptions in shipping costs
With the artificial intelligence (AI) buzz capturing global attention, discerning investors must identify stocks with concrete revenue gains from AI. Analysts project the AI revolution as the fourth industrial revolution, foreseeing widespread applications across industries. Notable sectors like cybersecurity have successfully employed AI for threat detection, showcasing its potential beyond early adopters like Google. That