Recently, InvestorPlace contributor Matthew Farley suggested that EHang (NASDAQ:EH) stock could potentially turn $10,000 into $1 million. That’s certainly possible, but don’t expect it to happen in 2024 and always understand the risks involved. EHang is a premier player in an industry that’s exciting but is also in its infancy. Just to recap, EHang is based in
GameStop’s (NYSE:GME) popularity has waned, evident in its low average daily trading volume of 6.17 million, just 8.3% of the SPDR S&P 500 ETF Trust. With fundamentals askew and community-driven investing dwindling, GME stock faces challenges. Recent earnings reports depict a bleak picture, with a 14.1% year-over-year decline in the company’s collectibles segment and declines
In the ever-shifting terrain of the financial sector, fintech stocks have emerged as both a turbulent and transformative force. These stocks, imperative in the digital overhauling of financial systems, continue to captivate investors. Despite experiencing some volatility, the sector frontrunners are redefining financial services, offering innovative solutions to individuals and businesses alike. This period of
Hunting for the next big thing among tech stocks is akin to finding the dimmest stars. In this context, three companies are set to chart a course towards doubling your investment by 2025. Each company, a titan in its own right, unveils a unique tapestry of strategies, innovations and market prowess, promising a lucrative return.
Dividend reinvesting allows you to receive higher distributions in subsequent quarters and increase your compounding returns. Many investors continue to reinvest their dividend payments until they are ready to live off their dividends and wish to retire. While you can choose from many dividend-paying stocks, some of them are better than others. Finding stocks that
With its share price down 92% since its 2018 market debut, and now trading as a penny stock, there doesn’t appear to be much hope left for cannabis producer Tilray Brands (NASDAQ:TLRY) stock. Tilray is the largest cannabis producer in neighboring Canada and hopes ran high for the stock (pun intended). In October 2018, when
Last year was better for SoFi Technologies (NASDAQ:SOFI) stock than it should have been. Although the high-interest rate environment created by the Federal Reserve and the resumption of student loan payments caused revenue to triple last year, SoFi’s position remains precarious. The fintech’s stock surged 85% in 2023 due to record revenue and member growth.
Internet connectivity is rising each day as the number of smartphones and other devices increases. We’ve seen cars, smartwatches, computers and using internet connectivity for some time now. However, many other products are now linked to the internet, such as televisions, doorbells, household appliances and even light fixtures. This phenomenon is known as the Internet
The three best-performing sectors last year were communication services, information technology and consumer discretionary. Although the growth of artificial intelligence (AI) stocks grabbed all the headlines and many companies came near 52-week highs because of their relation to the technology, a business didn’t need to be plugged into AI to win. There are plenty of
Microsoft (NASDAQ:MSFT) has emerged as a top tech stock to buy in 2024. The company continues to capitalize on two major trends – Azure serves as a premier AI infrastructure platform, while the company pioneers AI integration across tools like Copilot and applications such as Nuance Dax in healthcare. This will have important implications for MSFT
The global robotics industry will continue to pick up steam, making it a great time to consider the best robotics stocks to buy. As we step into 2024, the potential for growth in the robotics industry remains substantial. Investors who are keen on capitalizing on this trend will focus their efforts on companies with market
Barring a little turbulence in March (re: bank stock scare), the U.S. stock market has smoothly sailed through 2023. Now that 2024 is around the corner, many investors are eyeing companies with high growth potential, which brings us to airline stocks. The airline business has always moved in sync with the broader economic cycle. When
Even some of the biggest critics are now turning bullish on cryptocurrencies. Case in point, Jim Cramer, the host of the CNBC television show “Mad Money.” After bashing crypto for the past two years, Cramer recently reversed himself, saying on camera of Bitcoin (BTC-USD): “This thing, you can’t kill it… Bitcoin is a technological marvel
The U.S. economy is navigating a delicate balance between achieving a significant cooldown of inflation and avoiding a recession. Policymakers have managed to guide the economy toward a “soft landing,” but challenges persist as they strive to further reduce inflation without triggering a downturn. While a positive outlook prevails among economists, potential pitfalls include the
There finally seems to be light at the end of the tunnel for the cannabis industry. It’s difficult to talk about the regulatory perspective. However, if we look at cannabis companies, there are stories that seem to be moving in the right direction. I am talking about growth as well as margin improvement. In my
While Warren Buffett’s piece of wisdom – to paraphrase, don’t bet against America – has proven sound, investors looking ahead may want to consider emerging markets stocks. As the phrase implies, we’re talking about economies still in their growth phase. That contrasts with the U.S., which stands in more of a maturity cycle. Fundamentally, emerging
Megatrends will continue to develop, creating incredible opportunities. Here are seven of the top megatrend stocks that are capitalizing on one or more powerful trends you shouldn’t avoid. I’ll be talking about fintech, e-commerce, emerging economies, the rise of India, and the true beginning of the metaverse. That’s not an exhaustive list of current megatrend
In today’s business landscape, consumers’ and investors’ growing focus on supply chain scrutiny is unrelenting but good news for eco-friendly stocks. This trend underscores a critical need for transparency, pushing companies to invest heavily in sustainable supply chain practices. Failing to do so risks alienating customers and investors, potentially eroding revenue streams. This shift toward
Technically speaking, stocks with the potential for exponential growth simply show a pattern of sharper increases over time. Practically speaking, we’re really talking about finding firms with the ability to produce rapid returns over a shorter period. These companies could be referred to as unicorns, as we’re seeking to identify particularly strong companies that are
At this point, investors are back to looking for inflation-proof stocks to shield their portfolios. After closing 2023 on a bullish note, as an early Santa Claus rally sent markets back to all-time highs, we’re entering 2024 on a muted note. The trading year began with two consecutive down days, putting a damper on reinvigorated