Following the end of the pandemic, consumers returned to in-person office work and resumed attending large social functions such as weddings and happy hours at bars. Meanwhile, Americans took many more vacations than before the pandemic. Because people usually want to look their best when they’re socializing with other individuals, these trends were wonderful for
Market strategists at Bank of America (NYSE:BAC) recently made headlines by forecasting that the S&P 500 will reach a record level of 5,000 by the end of 2024. In a note to clients, the BoA team, led by analyst Savita Subramanian, said the New Year should usher in a “stock picker’s paradise,” as the bank
In fast-paced stock market movements, the quest for breakout stars remains investors’ ever-thrilling pursuit. Imagine a canvas where established giants spark an imminent market spectacle. The blue-chip stocks to buy in the article, are poised at the brink of a financial crescendo, wielding compelling strategies and technological prowess that promise a seismic shift in investor
Experts say that the electric vehicle sector is starting to show weakness. Sales numbers are still growing but are displaying signs of slowing down, and analysts are pointing to high production costs and restrictive prices as the reasons. That’s why a few investors are getting wary of buying EV stocks. However, there is still a
Solar stocks are the right choice if you want to invest in the energy sector. As technology evolves, people are shifting to solar energy as the primary source of electricity, which results in high demand for solar companies. In 2023, the solar industry gained momentum after facing a bad period, installing nearly 12 gigawatts in
Pinpointing stocks with the potential for exponential growth requires extreme efforts on the market terrain. However, delving into the strategic prowess and distinctive approaches of the three standout companies listed in this article illuminates the trajectory toward substantial investment growth. The first one, entrenched in specialized sectors, showcases innovation and resilience, while the second strategically
In an August 2023 column, I wrote “With the chances of marijuana companies accessing the U.S. financial system higher than ever and cannabis stocks trading at lower valuations than ever before, now looks like an excellent time to seek out top-notch cannabis stocks to buy.” I also identified three cannabis companies with very attractive valuations and strong outlooks. However, despite the
Lucid (NASDAQ:LCID) is an electric vehicle (EV) company that aims to produce luxury cars with cutting-edge technology and design. Many investors enthusiastic to find the next Tesla (NASDAQ:TSLA), have hyped Lucid as a potential rival. But, so far, the new EV maker has failed to deliver on its promises. Not to mention, the EV market
Generally, penny stocks have a poor reputation. It’s true that some penny stocks go on to make huge gains. However, the majority of firms with a rock bottom stock price got there because their business model failed to work out as expected or the company made major strategic blunders. That’s particularly true for these seven
A fascinating new chapter in Argentine politics is set to unfold as “far-right libertarian” Javier Milei surprisingly won the presidential election on promises of radical free-market reforms. Milei, an economist, has vowed to implement a number of measures including the dollarization of the Argentine economy, massively downsizing the government, and enacting sweeping capitalist changes. Naturally,
Bank stocks continue to lag the overall market and are not sharing in the current rally. Year-to-date (YTD), the S&P Bank index is down 13% compared to a 19% gain in the benchmark S&P 500 index. Through 12 months, the Bank index is down 20%. Looking out five years, U.S. bank stocks as a group
Of course, the primary goal of betting in the equities sector is to make money, not to create a list of stocks to sell for tax losses. Nevertheless, stuff happens – it happens a lot. No matter who you are or how many credentials you leverage, you’re bound to get hit by the red ink.
Since the end of 2022, energy prices, especially natural gas futures, have significantly declined. Natural Gas (Dec’ 23) has fallen by 43%, and WTI Crude (Jan’ 24) has seen a drop of 1% within the same period. With the energy market not very profitable in 2023. Investors are hesitant to invest in these companies and are beginning to look
It’s been a year since Robert Iger returned as the CEO of the Walt Disney Company (NYSE:DIS). And in that time, the lights of the Magic Kingdom dimmed considerably. In the 12 months since Iger’s return to the helm of the Mouse House, DIS stock is flat (up a slight 0.39%). However, the share price of the world’s most extensive
After the meteoric rise and fall of growth stocks following the pandemic, Wall Street has kept the sector at arm’s length for over two years now. Understandably so, with economic uncertainty still looming as interest rates remain elevated for the foreseeable future. However, while the broad brush paints a gloomy picture, a closer look reveals
The Dow is expected to move higher in 2023 as macroeconomic factors shift. 30 blue-chip firms that are leaders in their respective industries make up the Dow Jones Industrial Average (DJIA) and broadly represent American industry. Thus, they generally perform well in all markets as the American economy is still the largest globally even in
It’s been an unpleasant year for EV charging stocks, which is an understatement. Some of the best EV charging stocks have plunged for a year to date. The reasons include intense competition, cash burn, and the likelihood of equity dilution. However, it seems that stocks have discounted the concerns. The next year can potentially be
Investing in biotech stocks is not for risk-averse investors. However, if you’re an investor who is serious about generating outsized gains, it’s a sector that you can’t overlook. Many companies are developing and manufacturing drugs and therapeutics that treat a range of conditions, some of which have no currently known cures. These companies are developing
Lithium, crucial for electric vehicle (EV) batteries, remains high in demand as the auto industry shifts from gasoline to electric models. This shift has propelled lithium stocks into the spotlight. Although these stocks have hit a snag since late summer due to a marked decrease in lithium prices in recent quarters, the sector is expected
Cybersecurity stocks emerge as incredible long-term investments in an age dominated by digital threats. Despite numerous cyberattacks over the years, many top-tier companies and government entities remain startlingly unprepared. This gap between current defenses and emerging threats carves out a substantial opportunity for growth in cybersecurity stocks. Moreover, the cybersecurity market is on an upward