A new report from investment bank Goldman Sachs (NYSE:GS) claims that hedge funds are dumping bank stocks heading into year’s end. According to Goldman, hedge funds sold bank and financial related stocks for a 10th consecutive week through Dec. 8. Hedge funds now have their lowest exposure to the banking sector since March 2020 when
Just because a stock is popular doesn’t mean it’s a good investment. Too often, investors take a position in a stock that has enjoyed a big rally only to buy at the top and see their investment plummet as the share price peaks and then falls. That situation led retail investors to lose an estimated
As we head into the new year, the one of the biggest trends on many investors’ minds is renewable energy. The trillion-dollar renewable energy industry is worth a close inspection. Optimism prevails despite some recent downturns in renewable energy companies such as FirstSolar (NASDAQ:FSLR) and Plug Power (NASDAQ:PLUG). Already, wind and solar energy is dipping
2023 has been a mixed year. While growth stocks enjoyed the upside momentum, several industries suffered due to high inflation and low consumer spending. However, it looks like better days are ahead, and if you are planning to invest in dividend stocks, consider the company fundamentals before making a move. If the company is stable, has a solid
The official November consumer price index (CPI) inflation numbers were just released, and they were pretty soft. That likely confirms that inflation is on track to fall to 2% within just a few months – and sets the stage for a monster rally in 2024. And if you aren’t already, it’s time to get prepared
It’s the end of the year, which means it is “tax loss harvesting” time. Specifically, investors sell losing positions to offset capital gains taxes from stocks they sold that earned them a profit. By selling stocks at a loss, investors offset the capital gains tax they owe on the year’s earned profits. Essentially, it’s a
Investors on the path toward financial freedom seek the power of unstoppable growth stocks to build wealth. But this appetite for risk can come with its fair share of challenges. If this is not your first time investing, there is a chance that you lost money on what you thought was a great opportunity. The reality is
Fortune recently reported on a couple of surveys about millennial housing trends. The first survey from the Bank of America Institute, an economic think tank from BofA. It found that 60% of millennials believe home ownership is more important today than it was during their parents’ generation. A second survey from Bank of America found
There are many reasons for optimism as the U.S. economy continues improving. America’s GDP growth continued to move in the right direction and soared by 5.2% in the third quarter. That strongly suggests that the Dow, composed of 30 of the best U.S. stocks, is worth investing in at the moment. Generally speaking, investing in the Dow
Electric vehicle (EV) demand is expected to accelerate, which should fuel further upside for EV charging stocks. According to the International Energy Agency (IEA), EVs could account for about 35% of new vehicles sold globally by 2030. That’s a sharp improvement from its initial forecast for EVs to make up less than a quarter. While
Investors know that the current expectations project rate cuts as early as March. The news is a major positive for the economy overall and suggests that we have avoided a recession. It affects stocks, including everything from value to growth to meme stocks. That’s where we’ll be focusing today in this article: meme stocks. Generally
Nvidia (NASDAQ:NVDA) stands out as the king of all AI stocks in this market. Indeed, most investors (be they small or large) view NVDA stock as the key way to play the AI revolution. Given the company provides most of the high-performance chips required by companies in this space, it’s an easy pure-play to buy
Joby Aviation’s (NYSE:JOBY) flying taxis have achieved FAA certification for testing, and the company is now targeting commercial flights by 2025. As a top electric vertical takeoff and landing (eVTOL) aircraft maker, JOBY stock has seen its share of volatility this year. However, most of the stock’s momentum has been up and to the right,
The investment arena witnessed a seismic shift in early 2023, with AI stocks to buy taking center stage. AI, a catalyst of unprecedented innovation, became a transformative business force effectively reshaping the high-growth investment landscape. For investors with a keen eye for future trends, top AI stocks are becoming an irresistible magnet, thanks to their
We may be about to enter a wonderful era for U.S. stocks. That’s because the market has become much less fearful about inflation and high interest rates, while the economy still appears to be in very good shape. What’s more, the Street (finally!) appears to be ready to buy stocks other than The Magnificent Seven
In the technology space, where innovation births the future, three juggernauts emerge as titans shaping the tech stocks landscape of tomorrow. These companies aren’t just names on the stock market but monumental pillars anchoring the next era of technological evolution. Imagine a world where 4 billion individuals actively engage with a company’s platforms every month.
Contributing to the care of the environment is everyone’s job, and when we talk about everyone, companies are included in this work. There are big players for their own growth and development, as well as for the care of the environment. Here are three leading battery stocks that are worth analyzing to add to your
As you may already suspect, there are not a lot of stocks up 1000% year-to-date, but several stocks trading on major exchanges are up 1000% from their lows set earlier in the calendar year. There are also a few fairly-liquid over-the-counter listed stocks that qualify for this category, whether by gaining tenfold since January, or
By investing in/partnering with ChatGPT developer OpenAI, Microsoft (NASDAQ:MSFT) received a big leg up on the competition in the artificial intelligence space. Yet as this big edge is possibly giving way to regulatory scrutiny, what does that mean for MSFT stock? This question plagues investors following news of regulators in the U.S. and U.K. looking
There continues to be a lot of chatter about the mega-cap tech stocks that are collectively known as the “Magnificent 7.” While these stocks have helped to lift the stock market into a new bull run in 2023, it is a bit of a misnomer to say that it is only the largest of the