Tech startups have been trading erratically since the start of the pandemic, experiencing wild volatility in both directions over the past three years. However, a general trend among these stocks is that sentiment on Wall Street remains quite bearish. Smaller tech stocks have not seen nearly the appreciation of their larger counterparts, signaling that investors
Optics show blue-chip stocks are trending in vogue with investors, as the market rally broadens out beyond technology companies. The Dow Jones Industrial Average (DJIA), comprised of 30 blue-chip securities, rose 8% in November for its best month since October 2022. On the last day of November, the Dow gained more than 500 points in
In the stock market, value is often found in places that other investors might miss. So, the first main quality of hidden gem stocks is their undervaluation. Next, they must have substantial earnings growth potential. Investors want growth since growing earnings usually means a growing share price. However, these stocks are not easy to discover.
Unlike tech stocks, fintech has had a good year so far. The bank collapse pushed consumers toward fintech companies that are steady and considered reliable. This is one industry that is always transitioning, as we move towards digitization, the demand for credit cards will increase, and as student loan repayment resumes, the demand for personal
Many bargain-priced mid-cap and micro-cap penny stocks are trading at highly-discounted levels right now. With the recent cooler-than-expected PCE inflation read, markets are now pricing in just a 2.5% chance of another Fed rate hike. These numbers include a 60% chance of a cut as early as March. Accordingly, I believe now is an opportune
In the fast-evolving landscape of technological investments, robotics stocks emerge as a captivating opportunity for investors seeking growth. The global economy is witnessing a transformative shift, largely driven by companies excelling in automation and robotics. With the robotics market on a significant upward trajectory, experts project its value to reach a staggering $37.37 billion this
Artificial intelligence has helped companies offer better products and services that translate into higher revenue. The technology has been a boon for investors, with some of the top artificial intelligence stocks tripling in value within a few years. Some stocks have achieved those gains year-to-date (YTD). Many companies and consumers benefit from the continued innovation
I think 2024 will be the year small-cap stocks win big. We’re already seeing tailwinds lift the stock market closer to past highs, but (valid) criticism points to just a handful of mega-cap stocks driving most of the momentum. But, for many investors, risk is back on the table. At the same time, companies like
The S&P 500 and Nasdaq appear to be entering another rally toward the end of 2023. The October CPI report, which came out in mid-November, and other labor market data indicated that inflation and unemployment were easing, reducing the pressure on the Fed to raise interest rates further. This rally has led to the emergence
In the rapidly evolving healthcare sector, the idea of personalized medicine stocks stands out, revolutionizing patient care by tailoring treatments with their individual genetic profiles. These stocks highlight the trend of focusing on genetic and molecular characteristics, promising more effective healthcare solutions. This trend transcends medical innovation, marking its territory as a burgeoning economic powerhouse.
Given so much talk about stubbornly elevated inflation and soaring borrowing costs, it’s not surprising that retail stocks incurred much skepticism throughout this year. However, Black Friday and Cyber Monday sales may have shifted the narrative. And it also appears to have caught the bears on the wrong side of the trade. Notably, The Wall
In arguably most circumstances, when you see stocks at 52-week lows, you should avoid them. Based on prevailing market theory, equity valuations culminate from the most recent publicly available information. So, when a security falls to a fresh trailing one-year low, it’s for a reason and usually not a good one. Nevertheless, contrarian investors are
While getting kicked off an exchange typically signals about the biggest warning sign you can possibly receive, a (somewhat) rational argument exists for delisted stocks to buy. Psychologically, companies go through much anxiety doing whatever they can to stay listed in a major exchange. Once booted, a certain clarity may materialize, leading to a recovery
Autonomous delivery systems are poised to begin widely proliferating soon. Several firms, including Bolt and Starship Technologies, are testing autonomous, last-mile delivery products “and plan to launch robot deliveries in as many as 500 cities across 45 countries,” Restaurant Technology News reported in September. Meanwhile, Uber (NYSE:UBER) is trialing Nuro’s robots, which provide “driverless food
There are penny stocks and then are penny stock picks that are so outrageously wild that they should never be considered unless one is gambling with pocket change. And by pocket change, I’m talking almost literally. You’ve heard the expression about investing no more than you can afford to lose? Here, you don’t even want
Amidst surging global demand for microchips and semiconductors, Nvidia (NASDAQ:NVDA), with a more than threefold increase in share price since January 2023 and a five-year gain exceeding 1,000%, remains a compelling growth investment. This has a persuasive implication for holding NVDA stock. The company reached a $1 trillion market cap this year, signaling substantial potential for
Joby Aviation (NYSE:JOBY) gained significant traction, surging more than 70% year-to-date. Achieving a groundbreaking feat, the company conducted New York City’s inaugural electric air taxi flight in collaboration with Delta Airlines (NYSE:DAL). This milestone positions New York as a key early market for JOBY stock and could be the launch pad for new markets moving
The demand for electric vehicles (EVs) is falling. Consumers aren’t buying them at the same torrid pace as before, even with manufacturer price cuts and government subsidies. Although a record number of EVs were sold, the rate of increase is falling. So then, which is the best EV stock? A CarGurus (NASDAQ:CARG) report found EV
In the fast-paced symphony of the stock market, trends fluctuate like unpredictable tempos and identifying the potential game-changers is akin to finding a hidden melody within a cacophony. These small-cap stocks possess the alchemy to turn a modest investment into an impressive windfall. These companies emerge not merely as small-cap stocks, but as mavericks navigating
As a new year approaches, now may be the time to pounce on the best penny stocks to buy and hold throughout 2024. It’s safe to say that “penny stock territory,” is well-populated. According to Finviz, there are nearly 1900 stocks listed on major U.S. exchanges that trade for $5 per share or less, thousands