C3.ai (NYSE:AI) experienced significant growth due to AI hype, with its stock tripling during the ChatGPT AI wave. However, skepticism surrounds AI stock amid the stock’s high short interest. The company’s financials and outlook raise doubts about its potential for improvement, suggesting a further decline in its stock may be likely. C3.ai positions itself as
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Many once great stocks have lost their shine. Blue-chip companies that for years were reliable winners in the market have fallen on hard times and their share prices have steadily eroded. This can be extremely disappointing for shareholders who, after enjoying consistent gains, now find themselves deep in the red. The reasons for the downturns
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This is an amazing week to consider biotech stocks. Big news by the U.S. Food & Drug Administration (which we’ll get to momentarily) shows the benefits and outsized gains you can enjoy by choosing the right biotech stock. Biotech companies have the potential to be big winners because of their very nature. They’re at the
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Shares of microchip and semiconductor company Nvidia (NASDAQ:NVDA) stock continue to defy gravity, having risen 225% year-to-date and leading the overall market higher in 2023. Despite its bull run, NVDA stock shows no signs of slowing down. NVDA stock rose 14% since October, more than twice the Nasdaq index’s 6% gain. NVDA stock is the
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Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock has tumbled sharply, due to the market overreacting to negative news. The latest occurrence of the phenomenon, which I’ll refer to as GOOG’s “fair-weather pattern,” occurred following the company’s latest earnings release. So, what is the relevance of this “pattern” to existing and/or news investors in GOOG stock? While it may be
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Many people know Amazon (NASDAQ:AMZN) as a place to buy products online in practically every category. Yet, the company is also a cloud king with its Amazon Web Services business. Plus, Amazon deploys artificial intelligence in some of its services. So, while AMZN stock isn’t necessarily ultra-cheap, it gets a “B” grade and could move higher in 2024.
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In general, stocks generate outsized returns because the Street has been overly bearish on their outlook. Due to the Street’s overdone high interest rate concerns, it’s now unduly pessimistic about many growth equities with great futures. Companies being disrupted will indeed likely falter or fail due to elevated rates. But, despite high rates, rapidly growing
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In a rapidly evolving business landscape, innovation and adaptability are the cornerstones of success. The quest for stellar turnaround stocks is a pursuit that captures investors’ imaginations. The article delves into the turnaround strategies of three companies whose stocks have faced their fair share of challenges, but are now poised for remarkable comebacks. Discover how
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Amid some rising questions for the economy, value-seeking investors may want to consider underappreciated biotech stocks. As a sector that, while not immune to broader pressures, generally manages to march to its own beat, the underlying innovation may offer an alternative upside pathway. By now, you’ve likely heard about the impressive third-quarter U.S. GDP print,
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