With another year in the global markets coming to a close, now is a great time to consider stocks to buy for 2024. Part of the reason is to establish a framework for navigating the myriad uncertainties that could lie ahead. For example, there’s a lot of talk about the Federal Reserve’s monetary policy these
Growth stocks certainly have legs at the moment and it’s fair to assume that there will be a surge of investment heading into 2024. Demand should be expected to rise as the Federal Reserve continues to signal that the worst is over. The markets are expecting a soft landing and multiple rate cuts in 2024.
In this world of speed and technology, tech stocks have become an important foundation stone for savvy investment portfolios. Stocks representing innovation and progress are a fertile field for investors looking to achieve growth. But with so many companies to choose from, how can one pick the best tech stocks? Such a conundrum frequently sends
Having nearly tripled in 2023, Palantir Technologies (NYSE:PLTR) stock looks to be on the right track, with more growth ahead. PLTR stock is up 185% over the past year and has now gained 98% since its initial public offering in October 2020, which occurred during the volatile pandemic stock market rally. Having survived the bear
As 2023 comes to a close, investors have warmed back up to Rivian Automotive (NASDAQ:RIVN) stock, which has surged back to the low-$20s per share following a November tumble. There is not one set reason this EV play has experienced this latest surge in price. Developments and news that are both company-specific, and more macroeconomic
With animal spirits returning to Wall Street, and greed replacing fear in the minds of investors, Joby Aviation (NASDAQ:JOBY) stock is hot again. Shares bounced off a low of just over $5 in early November and were trading near $7 on December 15. “Tech whisperer” Cathie Wood grabbed shares while TV analyst Jim Cramer was
Well, 2023 certainly hasn’t been perfect for stocks, but with volatility and uncertainty lingering after the chaos of 2022, it’s been better than expected for most investors. Many people braced themselves for a downturn this year amid Fed rate hikes, but the market has shown impressive resilience and even a nice recovery. As we round
When you think “growth stocks,” mega-cap big tech names, or even smaller but high-profile companies in industries like AI, electric vehicles, or SaaS software may first come to mind. But while there are, of course, plenty of strong growth opportunities within the tech sector, some of the most underrated, under-the-radar, and undervalued stocks in this
Coming into 2023, most economic pundits were calling for a recession. However, a resilient economy proved the doubters wrong, leading to an impressive market performance, with the S&P 500 up over 20% year-to-date. Given the recent U.S. Federal Reserve pivot, this momentum might continue benefiting 2023’s top stocks. As we head into 2024, one of
The concept of a “metaverse” refers to a sophisticated, evolving virtual realm where users from the real world can engage dynamically with a digital environment alongside others. Investors are showing strong interest in metaverse stocks to buy in 2024, signaling potential growth. This increasing enthusiasm has significantly impacted the metaverse stock market with promising opportunities
Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ:HOLI) announced that it would be acquired by Ascendent Capital Partners. The latter is a privately owned Hong Kong investment firm. Ascendent is paying $1.66 billion in cash for the Beijing
Flying car stocks have great upside potential. And now could be a great time to purchase these shares. The broader indices still have the potential of a Santa Claus rally, moving closer to Christmas. So, the expectation is this momentum will continue into early 2024 and beyond. The companies selected to take advantage of this
This is an interesting time to be investing in energy stocks. If you’re a frequent driver (who hasn’t switched to electric vehicles) you’ve surely noticed falling gasoline prices. Gasoline prices are actually down 19% from September and are at their lowest levels in 2023. Crude oil prices have been falling for seven consecutive weeks, hampered
After a very long time, we can see consumer sentiment finally improve. The Black Friday sales and the holiday season will help several e-commerce companies report strong sales and revenue for the final quarter of the year. As the economy improves, consumer spending improves and this means better numbers for e-commerce businesses. If you want
Medium-cap stocks, as the title of my article states, are indeed the “Goldilocks” of equities. That’s because small-cap stocks are prone to bankruptcies and thesis-shattering events, such as products that malfunction and new, ruinous competitors. Meanwhile, in many cases, it’s difficult if not impossible for large-cap stock to generate enough revenue to generate huge returns
Dumpster diving can be fun when looking for beaten-down stocks to buy. Many times deeply discounted companies are simply mispriced by the market. Too much importance is placed on a one-time event or a situation that is short-term in nature. It offers investors the classic situation of buying low and selling high. Stocks may be
Yahoo Finance recently named Novo Nordisk (NYSE:NVO) its 2023 Company of the Year. Thanks to its duo of weight-loss drugs, Ozempic and Wegovy, it is now the most valuable company in Europe by market capitalization. Given the demand for these drugs, it could repeat as one of the top stocks for 2024. As Yahoo Finance
We’ve all had the experience of emptying our pockets at day’s end to find a collection of coins. Sure, you could cash them in at a Coinstar machine for some bills. But what if that spare change could turn into something meaningful instead? True, the market certainly has no shortage of high-risk, high-reward stocks to
In the dynamic stock market realm, the term “best meme stocks” transcends being a mere catchphrase, encapsulating a pivotal movement. Fueled by social sentiment, the recent documentary “Dumb Money” shed light on the remarkable retail trading surge of 2021, which left Wall Street pundits scratching their heads. Additionally, the impact of meme stocks has been
The subscription economy is revolutionizing business models, fostering an environment where companies thrive on predictable, high-margin revenues. This innovative approach has seen a meteoric rise in recent years. Increasingly, enterprises globally are embracing this shift, looking to substantially improve their financial health and stabilize their top-line growth. Forecasts suggest the market could potentially reach a