Meme stocks are making media headlines once again as a new movie about the rally of early 2021 called “Dumb Money” hits theaters. Not that meme stocks ever really went away. Troubled companies such as movie theater chain AMC Entertainment (NYSE:AMC) and fitness equipment maker Peloton (NASDAQ:PTON) continue to make headlines on a regular basis.
Despite their somewhat lacklustre results over the last few years, cannabis stocks shouldn’t be underestimated. The total return potential of these companies is huge. U.S. states continue to push for legalization, and continued research into the plant shows promise in treating a variety of health problems. So which one of those cannabis stocks should you
Looking for impactful oil stocks to buy now? The hydrocarbon energy market offers compelling narratives, having undergone an impressive metamorphosis. During the early stages of the Covid-19 pandemic, demand for these assets waned significantly. Fast forward to today, and hydrocarbon energy prices have surged, making them worthy of consideration. Two factors lie at the heart
In the rapidly evolving tech sector, companies like Nvidia (NASDAQ:NVDA) have redefined the paradigm of success, making tech stocks a hot topic. While NVDA’s achievements are remarkable, its current valuation soaring over 106X trailing earnings, presents a daunting barrier for many speculators. A dive into TipRanks’ securities screener, focusing on tech stocks with substantial upside
Even low-confidence stocks can spike from time to time. Prospective investors might be tempted to take a chance on electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) after a sudden surge in MULN stock. Yet, for the long term, Mullen Automotive will probably just disappoint its loyal shareholders. As we’ll discover, Mullen Automotive is dealing with
Sometimes, people who missed out on the astronomical multi-year returns on Tesla (NASDAQ:TSLA) stock will go on a quest to find the “next Tesla.” Could it be electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID)? Probably not, as Lucid Group’s pricing strategy is questionable and LCID stock looks like a non-starter in 2023. Lucid Group CEO Peter
An empty parking lot is pictured in front of a Planet Fitness gym and fitness club in Alhambra, California, on May 12, 2020, after stay-at-home orders in Los Angeles County were extended until July amid the Covid-19 pandemic. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines in midday trading.
When looking to round out your portfolio with some of the most financially sound and stable companies, adding a couple of blue-chip stocks is a no-brainer. With many of these stocks providing reasonable dividends, consistent compoundable growth, and relatively low risk, the main issue with investing in these companies boils down to finding the right
U.S. equities have performed remarkably well in 2023, with the S&P 500 and Nasdaq Composite respectively gaining 17.3% and 33.1% year-to-date. However, recent volatility around interest rates and inflation could make certain stocks untenable as near- and medium-term investments. In particular, as the chip glut continues, semiconductor stocks have been showing signs of weakness and
In the tumultuous investment landscape, the craze over meme stocks has arguably hit a nadir, marking a critical moment to pinpoint the meme stocks to sell before the bubble bursts further. Fueled by social media speculation rather than solid financial footing, these stocks rose sharply during the pandemic, a time when stimulus checks and heightened
The metaverse gives many companies the opportunity to profit and explore different revenue streams. Some companies contribute with artificial intelligence, computer security, or the creative side. The creative element has many components, such as designs, ideas, plans, and other things. It is undoubtedly a joint work, where every contribution counts for the growth of this
Navigating the unpredictable waters of today’s market, safe dividend stocks emerge as a beacon of reliability. Despite an optimistic kickoff this year, the broader market sentiment has chilled. For investors eager to remain engaged but wary of current volatilities, turning to trusted companies offering consistent dividends might be the savvy move. Recent data adds weight
The recent launch of a $13 million advertising campaign by Biden supporters, highlights the President’s economic achievements such as: $1.2 trillion infrastructure and climate bill, substantial investments in domestic microchip production, and green energy solutions. It carries significant implications for economic growth and in the stock market. These initiatives have been predicted to create 1.5
Finding undervalued stocks is one of the key strategies for successful investing. Undervalued stocks are those that trade below their intrinsic value, meaning that the market has not fully recognized their “true potential.” A company’s true potential could lie in its current profitability or future growth prospects. Investors seeking undervalued stocks need to know where
Fintech stocks are likely bottoming out as we speak. The technological advancement of fintech is undoubtedly a great example of all the efforts being made by the companies participating in this sector to facilitate and streamline all the financial processes we perform day after day, both payments of everything we consume or use in our
GARP, or “Growth at a Reasonable Price,” is an investing strategy popularized by Wall Street legend Peter Lynch, who managed the Fidelity Magellan Fund (MUTF:FMAGX). Peter Lynch’s approach garnered a 29.2% annualized return during his time and beat the S&P 500 index for several years. The GARP strategy looks at companies with growth and value
The stock market is at a crossroads. After a fantastic first half to 2023, markets have lost some steam heading into the fall. It remains to be seen whether a “soft landing” will play out, or if the economy will take a tumble going into 2024. That said, this is a time for caution. And
The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Justin Sullivan | Getty Images Check out the companies making headlines before the bell: Carnival, Royal Caribbean— The cruise lines both gained about 2% after being upgraded by Truist. The Wall Street firm moved
The global financial advisory market is expected to grow to $240 billion in 2027 at a compound annual growth rate of more than 3%. The industry growth is attributed to the rise in the number of high-net-worth individuals (HNWI) worldwide. That’s excellent news for retirement advisory stocks. According to Capgemini’s 2023 World Wealth Report, the
A lot of great blue-chip stocks are on sale right now. Several American names that have long track records of out-performance are down this year and presenting attractive entry points to investors. Best of all, many of these blue-chip stocks are of quality companies that have continued to produce strong financial results and whose share