Good news for AMC Entertainment (NYSE:AMC) and its army of Ape investors? The movie theater chain reported third quarter results that topped forecasts. Revenue surged 45% thanks to a “Barbenheimer” box office boost. And the company even reported a surprise profit. The end of the actor union’s strike in Hollywood, coming after writers also agreed
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No matter what you’re looking for as an investor, Qualcomm (NASDAQ:QCOM) can bring it to you on a silver platter. Maybe you want portfolio exposure to the high-conviction market for generative artificial intelligence (AI)-compatible hardware. Or, perhaps you’d like to find a company with a stellar earnings track record, strong growth potential, good value and generous
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Clean energy stocks haven’t performed well in 2023. In fact, the iShares Global Clean Energy ETF (NASDAQ:ICLN) plummeted more than 30% since the start of the year. The reason for the lackluster performance is perhaps due to relatively lower oil prices. This has made renewable energy alternatives less competitive. Nonetheless, the Ukraine-Russia War and the
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With lithium and its ability to undergird the electric vehicle market dominating business headlines throughout the post-pandemic new normal, it’s easy to overlook the case for high-potential hydrogen stocks. However, for contrarians willing to stick their neck out in this risky sector, there may also be intense value to be unlocked. First, the top hydrogen
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Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) remains among the top mega-cap growth tech stocks investors focus on, mainly for the company’s dominance of the online advertising space. Additionally, GOOG stock’s AI capabilities have provided investors with yet another catalyst to rely on as the tech sector continues to see interest from growth investors despite what appear to be
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Oil prices have been on a roller coaster ride in 2023, influenced by geopolitical events, dwindling reserves in the U.S., and broader speculation about the global economy. Saudi Arabia and Russia are fulfilling their production cuts to support the market and prevent a glut, which kept oil prices elevated. The ongoing conflict between Israel and Hamas
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Penny stocks are typically among the highest-risk, highest-upside bets an investor can make. Due to their low share prices, and often tiny market capitalizations, one positive development or catalyst can really affect these companies’ valuations, providing impressive returns for those willing to dig among the thousands of such options to find the best risk/reward picks.
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Archer Aviation (NYSE:ACHR) is a prominent player in the eVTOL sector, which gained popularity this year. They are developing electric vertical takeoff and landing aircraft for air mobility services. This industry offers significant advantages over helicopters, including reduced noise. The global eVTOL market, valued at $11.15 billion in the previous year, is expected to reach
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Palantir Technologies (NYSE:PLTR) stock has always garnered significant attention, because of high-profile contracts with government and intelligence agencies. With each technological advancement, such as blockchain and AI, Palantir’s potential to excel has generated renewed enthusiasm. Palantir’s financial performance, in retrospect, has been consistently underwhelming. Some analysts have categorized the company as more of a “glorified
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Apple (NASDAQ:AAPL) has surged 40% year-to-date, garnering a “buy” rating from analysts, with an updated target price of $187.73. In the consumer electronics sector, Apple has continued to remain the dominant force, providing continued innovation in key areas many view as the next profit centers for the company. The company has historically generated value through
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