Biotech stocks, and the sector in general, saw a widespread beat down over the past two years. Venture capital dried up, post-pandemic healthcare landscapes shifted, and regulatory clampdowns tightened already-slim margins. But 2024 might mark a renewal for biotech stocks. The FDA went on an approval spree throughout 2023, giving its stamp of approval to
This earnings season promises to be an interesting one. A lot is hinging on upcoming earnings, considering company reports set the stage for 2024 while acting as an official close to 2023’s holiday shopping season. For that reason – shopping season uncertainty – retail stocks are ones to avoid this earnings season if you’re even
The stock market will always have good investment opportunities. As investors, it’s our job to establish filtering criteria that we utilize for weeding out the duds. Consider analyzing and potentially adding these three penny stocks to your first-quarter portfolio. Let’s take a quick look. Blink Charging (BLNK) Source: David Tonelson/Shutterstock.com Blink Charging (NASDAQ:BLNK) is booming
Lithium has become a hot commodity with the growing adoption of electric vehicles (EVs). While EV sales may have seen a slowdown, the future will be all about EVs. And, this is the time that lithium demand will soar. Due to the dip in EV sales, the supply of lithium is higher than its demand,
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. Brendan Mcdermid | Reuters The crystal ball is cloudy this year my friends. In the past it was easier to come up with my annual list of predictions, even if it turns out I was wrong. Heading
The new year is upon us, and investors cannot ignore the best growth stocks to buy. The stock market ascension in 2023 was led by mega-cap technology stocks, and this year’s gains will be spread more broadly. However, that doesn’t mean that some of the market leaders are not set for continued momentum. Talks about
Flying cars, also known as electric vertical take off and landing (eVTOL) vehicles, were in the thick of the action last year. The primary reason for this increased interest was regulatory approvals that are likely to set the stage for commercialization by 2025. But after a good rally, some of the top companies in the
Starting in 2024, the Internal Revenue Service (IRS) extended an improved version of a tax credit system for electric vehicle (EV) buyers to 2032. Individuals purchasing used or new domestically manufactured EVs can instantly claim tax credits of up to $7,500, regardless of their tax liability. This move is a game-changer, as it expands the
In the volatile space of penny stocks, three companies are emerging as powerhouses with breakout potential, poised for massive gains. To begin with, the first one’s organic growth, the second one’s data licensing prowess in liquor retail, and the third one’s strategic insurance advancements are captivating the market. Also, the first one leads the veterinary
Over the last few years, investors have become increasingly interested in the idea of virtual reality (VR), or augmented reality (AR), as a broad opportunity. The emergence of the metaverse during the pandemic served to heat up conversation around the topic. And the apparent opportunity has only become clearer as the technology has developed. With this,
For weeks, Palantir Technologies (NYSE:PLTR) has been holding steady, at prices between $15 and $20 per share. The sideways movement for PLTR stock makes sense amid the bull versus bear debate. Bulls think recent price action benefits this popular AI software play. As one Seeking Alpha commentator put it, “this dip is a gift.” Bears
It’s fair to say that China-based electric vehicle manufacturer Nio (NYSE:NIO) isn’t a darling of the financial markets now. Yet, at least one expert on Wall Street has set a lofty price target for NIO stock. Besides, after viewing Nio’s EV-delivery stats, you’ll wonder why the share price isn’t much higher than it is today. Nio has come a long
Before buying Apple (NASDAQ:AAPL) stock, which is already worth nearly $3 trillion, you need to know how it plans to grow. The easy answer is AI, but what does that even mean in the context of the iPhone, iPad and Apple Watch? Apple has already spent a year considering that question. The introduction of the
From e-commerce to grocery delivery, cloud computing, healthcare and video entertainment, Amazon (NASDAQ:AMZN) is a powerful competitor in multiple market sectors. Yet, the critics will always find reasons to worry about Amazon. If recent news about Amazon layoffs is making you nervous, don’t fret as AMZN stock is still likely on track for solid returns in 2024.
It might be tempting to back up the truck and buy Coinbase (NASDAQ:COIN) stock because you heard about the approval of spot Bitcoin (BTC-USD) exchange-traded funds. However, I’m offering an unpopular opinion today. COIN stock could quickly retrace much of its rally from last year’s fourth quarter, so this is no time to make any hasty trades. Just
Entering 2024, Chipotle Mexican Grill (NYSE:CMG) stock remains a best-in-class restaurant stock with plenty of growth ahead of it. Investors who take a position now are sure to be rewarded with strong gains. The last year was a typically strong one for CMG stock, with the share price having gained more than 45%. Chipotle continues
The Dow Jones Industrial Average is widely expected to continue to perform well in 2024. The index represents 30 of the most prominent U.S. firms that are considered to be the most important Equities within the New York Stock Exchange and the nasdaq. The Dow is widely considered to be a representative barometer of the
The allure of growth stocks has become a pressing theme on Wall Street. Investors just cannot ignore the serenity that established companies provide. They supply not only consistent dividend payouts, but often have robust cash flow generation capabilities. Moreover, the top stable stocks are a lot less prone to the increased volatility during bear markets
Space stocks could be entering into a new golden age for investors. These companies have just entered the mainstream awareness, meaning there’s plenty of fuel left in the tank for these brands to shoot to new heights. Space stocks ride on the tailwinds of recreational space exploration just beyond the Earth’s outer atmosphere. Many companies
Searching for undervalued growth stocks takes a bit of extra work, especially in a market that saw many of them surge in the previous year. However, investors who dig for these stocks and remain invested in the long run can outperform the market. While it’s possible to find undervalued growth stocks within big tech, it’s