AI stocks have been the most critical sector in 2023. Early investments in leading chipmakers have provided the most substantial returns. Generative AI is a hot topic as it is highly applicable to business and continues to promise to revolutionize efficiency and costs. That said, the AI ecosystem is much more than chipmakers and generative
A few years ago, when the interest-rate policy was quite different, it might have made sense to invest in electric vehicle (EV) charging equipment provider ChargePoint (NYSE:CHPT). However, financial traders must adapt to changing environments. The current circumstances don’t favor a long position in CHPT stock. Now, I’m not suggesting that ChargePoint is a terrible company or anything
Bankruptcy filings are on the rise. As the economic good times of the past few years are seemingly drawing to a close, it’s creating trouble for many publicly traded companies. Retail companies have been particularly hard hit. Firms such as Bed Bath & Beyond, Party City, and Rite Aid are among those that have already filed for bankruptcy and had
AMD (NASDAQ:AMD) just delivered yet another strong earnings beat yet provided typically cautious guidance looking ahead once again. Meanwhile, major AMD stock rival, Nvidia (NASDAQ:NVDA), has been posting blowout results fueled by rampant AI chip demand and giving bold projections for massive growth ahead. In my view, AMD now looks like the superior chip stock to
Are Apple’s (NASDAQ:AAPL) best days behind it? That question is hotly debated by analysts, investors, and media commentators after the consumer electronics giant posted a fourth consecutive quarter of declining sales for its devices, including the iPhone and MacBook computer. Things are looking dicey for APPL stock. However, reports of Apple’s demise are overblown. Look
Few stocks in this market get so much love and deliver so little in return as SoFi Technologies (NASDAQ:SOFI). I plead guilty to that. I bought into the hype back in 2021, and I’m still in the red. But almost half the analysts at Tipranks who still follow SoFi have the buy light on SOFI
Meta Platforms (NASDAQ:META) promised a “year of efficiency” that included layoffs and other cost-cutting measures in 2023. The data suggests that Meta’s efficiency plan is working out well. Nevertheless, some shortsighted traders are selling META stock, but future-facing investors can pick up those shares at a nice price. In addition, Meta Platforms is making an intelligent move
If global governments want millions of electric vehicles on the roads, EV charging stations are a necessity. As I noted on Sept. 7, “The Biden Administration has a goal of building out a national network of 500,000 EV charging stations. However, if the Administration wants to see higher EV adoption rates, those EV charging stations are
As the consumer spending goes, so goes the U.S. economy and the stock market. In fact, it isn’t only personal spending choices that have propped up the difficult-to-predict post pandemic economy. The government continues to spend more than it takes in as well. Unfortunately, that seems to be the nature of the American economy at
Recently, we suggested that Palantir Technologies (NYSE:PLTR) stock may be appropriate for investors seeking exposure to artificial intelligence software. We’re standing by this assessment today, as Palantir’s recently released financial results show vigorous growth and optimistic forward guidance. Palantir Technologies certainly wants to help public-sector entities enhance their AI functionalities. For instance, Palantir has a contract with the Department of
As an investor, you need an edge to outperform the market. However, as you reach for performance, you should be cognizant of the risks in the current macro environment. Playing defense should be a priority. That’s where blue-chip stocks with dividends fit into your portfolio. Unlike their riskier small-cap peers, they offer earnings growth and
In investments, the pursuit of stocks that promise to be gems in the rough is a thrilling endeavor. But how do you identify the stars among the multitude of options? Wall Street’s whispers point us toward three companies. Each harbors secrets that might double your wealth by 2025. These giants are not relying on luck;
Artificial intelligence (AI) is transforming the world as we know it. From chatbots like ChatGPT that can converse with humans in natural language, to deep learning models that can analyze massive amounts of data and make predictions, AI is revolutionizing various industries and sectors. In this article, we will look at three AI stocks that
A simple rule to investing is to buy the index if you cannot beat the index. In my view, beating the index is not a big task. However, it’s a matter of disciplined investing and patience. One strategy to beat the index is to consider a mix of growth and blue-chip stocks for the portfolio.
Amid the world’s transition to cleaner energy sources, hydrogen stocks have had a resurgence in interest lately. This resurgence is despite a fall in the S&P 500 amid earnings season over the last couple of weeks, creating fresh opportunities to buy them cheaply. One of the greatest benefits of scooping up shares of these hydrogen
Biotech stocks are incredibly risky but can provide investors with huge returns since insurers in the U.S. will pay tremendous amounts for successful treatments. In the last few months in particular, the potential risks of biotech stocks have increased only a bit while their possible returns have increased tremendously. While higher interest rates have increased
Despite the labor market’s resilience and its support for consumer spending, the Federal Reserve is anticipating a slowdown to help manage inflation. Even though the economy remains robust, it is displaying cooling signs in job growth and wage increases. Given the current economic landscape, it’s wise for investors to consider investments in these high-growth technology
Fido may be in trouble, which may open the door for speculators seeking cheap pet stocks to buy. As everyone knows, inflation has been a drag on the consumer economy. Still, pet-owning households have soldiered on, determined to sacrifice for the benefit of their four-legged family members. However, how long can this situation last? That
The earnings season can be an exciting time for investors. While a few can be disappointing, many others can generate solid gains for you. Since it is impossible to time the market, investors should identify companies that have a solid history of beating market expectations. When they do this, the stock often rallies. In this
Thanks to the reality TV program Doomsday Preppers and notorious conspiracy theorists like Alex Jones, the concept surrounding consumer staples stocks aligned with the principles of a prepper portfolio may arouse chuckles, if not ridicule. I get it. The whole idea of prepping has been characterized under the framework of buffoonery. Of course, that might