With the stock market being so volatile lately, many investors are looking for safer places to invest their money. One time-tested approach is to buy shares of strong, established companies that pay regular dividends. Though dividend stocks may not offer the explosive growth potential of high-flying tech stocks, they provide steady income and the reassurance
Announcements of company spinoffs boost the value of stock prices in the near term. Yet over the long term, the value of the spinoff’s shares must deliver growth on the top and bottom line for the good times to continue. In Western Digital’s (NASDAQ:WDC) situation, activist investor Elliott Management pressured the company to split the business
Newspapers and retail stores, including Blockbuster, Circuit City, Bed, Bath and Beyond, and Sears are among the most famous casualties of tech changes in the last 20 years. Other firms that have fallen on hard times due to new technologies include Nokia (NYSE:NOK), GameStop (NYSE:GME) and many movie theater owners. Now, with the popularity of
Two things have become apparent regarding oil stocks. First, they have become incredibly cheap this year as share prices have retreated and given up much of the gains recorded in 2022. And second, they offer strong dividend payments to shareholders, with many offering yields that are more than double the 1.62% average among companies listed
Joby Aviation (NYSE:JOBY) offers a unique and intriguing investment opportunity for long-term investors looking at sectors with high growth potential. The world of eVTOL (electric vertical takeoff and landing) aircraft manufacturing is one that’s still in its infancy. However, as we’ve seen with so many high-growth spaces, the time to invest in a given technology
From $47 billion to nearly worthless. That is the sad tale of WeWork (NYSE:WE), the co-working company and former unicorn darling of Silicon Valley. WeWork filed for Ch. 11 bankruptcy protection on Monday night. It’s been a stunning fall from grace for the company, co-founded by the enigmatic Adam Neumann. WeWork attracted a lot of
Nvidia (NASDAQ:NVDA), a leading graphics processing unit (GPU) and artificial intelligence (AI) chip manufacturer, has certainly enjoyed a stellar year. Shares of NVDA Stock surged 178% year-to-date, as the company’s revenue surpassed $32 billion. In the previous quarter, Nvidia exceeded expectations with earnings per share of $2.70, 61 cents above estimates. These are the kinds
The energy sector continues to be challenging for investors to navigate. Crude oil prices peaked at $122 a barrel in June 2022 after Russia invaded Ukraine. Since then, prices for crude have dropped below $70 a barrel, rebounded to more than $90, and have now settled right around $80 per barrel. After 2022 record profits,
I asked Bard for its prediction of the top 7 performing stocks for 2024. The results were interesting, to say the least. The AI service predicts that 2024 will be a lot like 2023 has been. In other words, tech firms are going to lead the market, and Bard expects that investors will see the
With the world going green, hydrogen stocks will get explosive. We already know Goldman Sachs and Bank of America believe hydrogen could be an $11 trillion market. We know the Biden Administration just invested $7 billion into hydrogen hubs across the U.S. We also know the market could be worth $410.6 billion by 2030 from $242.7 billion today. Again, all
A recent article about bond king Bill Gross’ favorite banks got me thinking about large-cap stocks trading below book value. Gross liked these three bank stocks because they sold below book value and yielded 7% or more. The current price-to-book value ratio for the S&P 500 is 4.1, a multiple considerably higher than Gross’s bank
Electric vehicles are the future, but investing in this space is not as simple as it seems. The EV market may be booming, with dozens of new companies popping up every year trying to cash in on this mega trend. However, the reality is that only a handful of these players have what it takes
In financial markets, astute investors are always looking for under-the-radar stocks with the potential for explosive growth. In this era of sustainability, technological innovation, and diversified markets, three companies have emerged as compelling investment opportunities. The first stock, a clean energy pioneer, is strategically positioned to benefit from global interest in renewable energy. With a
Renewable energy stocks have taken a beating over the past year. This is due to a number of factors, including higher interest rates. And with companies releasing third-quarter earnings reports recently, the renewable energy sector has seen a number of missed profit expectations. For example, Enphase Energy (NASDAQ:ENPH) designs, develops and installs solar panels primarily for residential use. It
Investors face a complicated picture heading into the holiday season. War, inflation, high interest rates, and a potential recession are among the risk factors on the horizon. Many investors are understandably turning to fixed income and defensive stocks to ride out the current storm. By contrast, this is precisely the wrong time to be taking
In investing, finding the right stocks to buy can be a daunting task. But November 2023 offers a promising landscape for savvy investors. From streaming giants to semiconductor innovators, financial powerhouses to pharmaceutical leaders, and real estate moguls to entertainment behemoths, these seven bargain stocks are shaping the future with their growth strategies. Here, the
The price of gold is slightly below $2,000 an ounce and flirting with its all-time high of $2,074.88, reached in August 2020 during the depths of the COVID-19 pandemic. Gold has been marching higher in recent weeks following the outbreak of war between Israel and Hamas. The rising Middle East tensions are underpinning the price
The rollercoaster ride of the cannabis market has left many in the investing world dazed and confused. The sector’s volatility is marked by winds of optimism followed by spells of disappointment. Despite the industry’s volatility, though, hope hasn’t faded for the green gold rush that could follow full legalization. Yet, a nagging concern of overbought
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Last week, I wrote about five AI stocks to buy for dependable 2024 returns. Our writers at InvestorPlace.com and I picked these elite stocks for their wide economic moats, innovative uses of artificial intelligence,
Overlooking the rapid growth potential of e-commerce might leave some investors feeling out of step, perhaps even a bit behind the curve. While general consumer behavior has stabilized post-pandemic, e-commerce spending is expected to continue trending up. The goal for prudent investors is to smartly engage with top e-commerce stocks, which are likely to benefit