As we ring in a new year, many investors may be thinking about how to reposition their portfolios for 2023. Last year wasn’t necessarily a banner year for many battery stocks. Indeed, many companies have faced challenges in terms of production and metal prices. However, this group merits attention in 2024. Why? Well, the long-term
As we enter 2024, it’s wise to pause and reevaluate your investment portfolio, shaking things up for the year ahead. With each new year comes shifting sentiment on Wall Street. However, many top-performing stocks from 2023 could continue gaining momentum this year. Tracking which companies analysts are most bullish on provides useful insight for investors
Artificial intelligence stocks have been top performers in the market. Nvidia’s (NASDAQ:NVDA) blowout earnings brought more attention to the space and created a gold rush of sorts. While many AI stocks have been scorching hot, investors have to discern the winners from the richly valued investments. The best AI stocks can continue to deliver robust gains in
With 2023 being largely about the usual suspects, investors may be better served in the new year targeting under-rated stocks. We’re talking about fundamentally undervalued or underappreciated ideas that really didn’t much airtime compared to their peers. However, with a fresh calendar ahead of us, circumstances could change favorably. Mostly, the bullishness toward overlooked stocks
After a wild year in the books, investors might want to consider the top REITs or real estate investment trusts to buy. Structured as companies that own or finance income-producing real estate often across a range of property categories, acquiring a quality REIT can be a sensible idea. Further, possible shifting tides in 2024 arguably
Electric vertical takeoff and landing (eVTOL) aircraft, synonymous with flying cars, are gaining traction as viable transportation alternatives. Accordingly, it should be no surprise to investors that many flying car stocks surged last year. This rise was helped by a broader positive sentiment surrounding riskier investments coupled with the increasing likelihood of interest rate cuts
Many food delivery stocks shined brightly for investors through 2023, especially for the bravest dip-buyers who gave them the benefit of the doubt in the back half of 2022. While the easiest gains seem to have already been made in the corner of food delivery, that doesn’t mean there isn’t any upside going into 2024,
Throughout 2023, energy companies struggled compared to the large rally in 2021 and 2022. The benchmark for energy companies is the Energy Select Sector SPDR Fund (NYSEARCA:XLE), which had a share price decline of 1% in 2023. In 2024, crude oil prices are expected to remain around the $80 per barrel range. OPEC+ recently made supply
Meme stocks are not what they were back in 2021 when they took the market by storm, crushed Wall Street short-sellers and put hedge fund Melvin Capital out of business. But meme stocks haven’t gone away. Over the past two years, retail investors who keep trying to execute a short squeeze on the shares pushed
The current market is characterized by price volatility and return uncertainty. However, seven companies span across various sectors—consumer staples, financial, healthcare, energy, industrials and more—each wielding a unique prowess in generating passive income. From the first one’s geographical expansions amidst regional challenges to the third’s exceptional revenue growth in medical markets, these dividend aristocrats navigate
The stock market constantly seeks the next breakout stars in a dynamic tech sector. The maneuver of the three companies unveils a narrative of transformative growth and strategic foresight. These ‘hidden high flyers’ navigate diverse sectors within the technology industry. They deliver remarkable revenue distributions and pioneering strategies that signal exponential market growth. The stock
Tech stocks look promising in 2024. The sector is known for its high growth potential, and the predicted fall of interest rates later this year could improve the implied valuation of many companies. However, not all tech stocks are created equal; some hold more upside potential than others. Often, investors can find great opportunities where
At the end of every year, I like to make a list of big predictions for the financial markets in the upcoming year. Last year, I went 9 for 10, including correctly calling for a greater than 20% rally in the S&P 500 and a greater than 30% rally in the Nasdaq. Not too shabby.
As we break into the new year, investors are on the hunt for the best biotech stocks to buy. Indeed, 2024 could witness groundbreaking advancements in technology and science. These companies on the cutting edge of research will continue to push the boundaries of advancements in new medicine. Grand View Research estimated the biotechnology market
Americans live longer than ever, and a handful of biotech stocks stand at the forefront of longevity’s future. Many misconceive anti-aging stocks as peddling some magic pill that inexplicably makes you live longer — that perception is pure fiction. While many treatments help extend your life if leveraged properly and consistently — namely, diet and
Advanced Micro Devices’ (NASDAQ:AMD) journey in the microprocessor space was volatile in 2023. Fortunately for investors, AMD stock mostly moved up and to the right, finishing the year with an impressive gain of more than 125%. The company’s Ryzen 8040 Series laptop processors promise a 60% performance boost for AI applications, leading AMD back into
The global luxury market is set to reach $1.5 trillion by the end of 2023. Consumer behavior reveals a predilection for lavish products, even against an uncertain financial backdrop. Indeed, despite economic uncertainties, demand persists for luxury goods. This presents well for aspirational and opulent wares purveyors and allows investors to buy profitable luxury stocks.
Financial technology has become the focal point of our economy. Consumers are losing faith in traditional banks and fintech companies are making the most of it. Fintech stocks have shown impressive growth and the potential to deliver solid gains. The companies are leading the way toward digitization and offering an ideal solution to consumers looking
The Dow is an index of 30 blue-chip stocks that are meant to be representative of the U.S. economy. It’s largely comprised of well-known companies whose brands are household names. While the Dow had a good year in 2023, rising 14% and hitting new highs, it trailed both the S&P 500 (up 25%) and Nasdaq
Excessive fear has created substantial opportunities in lithium stocks. And it’s time to get greedy, as Warren Buffett would advise. After considerable downside on lithium supply issues, many of the top lithium stocks are starting to come back strong, with producers still bullish. Better, as noted by Reuters, “In calls with investors and analysts in recent days,