The market year-to-date has been rewarding after the big correction witnessed last year. There are several growth and penny stocks that have bounced back strongly after being decimated last year. While some stocks trade at fair value or are overvalued, there are penny stocks to buy that trade at a valuation gap. This column focuses
We’re in the midst of a bull market, albeit one that has been rather sluggish at times. And often, in bull markets, it’s better to buy high-flying, riskier growth stocks than the blue-chip names like those in the Dow Jones Industrial Average. However, with inflation still somewhat elevated, the U.S. government dealing with a very
One of my favorite industries to write about is the electric vehicle industry. Not only because it promises a cleaner and greener future for our coming generations but also because it is all about the latest technology and innovation. Countries across the world are striving to ensure high penetration of EVs and they have offered
Pinterest app on a mobile phone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell. Dollar General — Dollar General shares fell 2% after JPMorgan downgraded the discounter to underweight from a neutral as the company’s core shopper grapples with persistent inflationary pressures and dwindling savings. Pinterest —
Momentum stocks can be an investor’s best friend because these companies’ continued growth tends to reflect well in returns for their shareholders. Investors will be continually be attracted to these businesses for their potential growth strategies and consistent volume and popularity. Investors also look at stocks like Carvana (NYSE:CVNA), with its 1,000% increase in its
In the investment sphere, where markets shift like dunes in the desert, identifying the right stocks for your portfolio can be as challenging as prospecting for gold. However, certain fabled blue-chip stocks stand the test of time. As we step into the second half of September, it’s time for investors to embark on their modern-day
Value stocks are the perfect haven in today’s choppy stock market. Instead of looking to high-flying tech stocks, many investors are flocking to companies with low price-to-book ratios and other undervaluation metrics. But value traps abound in today’s market. Investors must be more discerning than blindly buying a stock when a ratio hits an arbitrary
In my past coverage of QuantumScape (NYSE:QS), I have cited many factors that help to build a convincing bear case for QS stock. However, with the release of a new sell-side rating on QS this week, there’s now a new convincing bull case out there for the EV battery company’s shares. This latest thesis focuses
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) is among the companies set to change the world. Like many other EV makers, Rivian’s stock has been on a wild ride in recent years. With RIVN stock making a comeback this year, there are plenty asking whether Rivian is a solid investment right now. Personally, I think Rivian can
Archer Aviation (NYSE:ACHR) stock has surged 226% year-to-date. Like all high-flying stocks, it’s possibly due for a correction. Still, it’s a top flying car stock to watch. A 20% dip could offer an entry point for future gains. Archer recently got FAA approvals for flight tests in early 2024, a potential catalyst for ACHR stock.
Salesforce (NYSE:CRM) is well-known as a premier provider of customer relations management software. There are reasons to like CRM stock in 2023, but it gets a “B” grade on overvaluation concerns. Some investors might be concerned about insider share selling with Salesforce. Salesforce’s products have an artificial intelligence connection that should entice some customers and shareholders.
EHang Holdings (NASDAQ:EH) is not a household name, however, EH stock has become one of the top autonomous aerial vehicle plays. As a result, shares in this flying vehicle company are up nearly three-fold over the past twelve months. Trading for a little over $5 per share last September, as of this writing the stock
With uncertainty looming for the rest of the year, it’s time to consider which S&P 500 stocks to sell. Is the stock market set to rally into year-end or take a terrible tumble this fall? With this much macroeconomic uncertainty, there’s a good argument to be made in either direction. Today, however, we’re not looking
As uncertainty reigns, it’s time to check your portfolio for penny stocks to sell. The allure of penny stocks remains undeniable, and there are genuine diamonds hidden within the realm of stocks trading under $5 per share. Others have proven incredibly volatile in the stock market rout last year and continue to shed value as
After a blistering run in this year’s first half, the stock market has changed. Many high-flying stocks have taken a turn for the worse since the dog days of summer and are now flashing warning signs to investors. The red flags that have cropped up for these Nasdaq stocks to sell range from overinflated valuations
Last year, growth stocks and EV stocks faced challenges. But 2023 has brought a strong comeback, driven by government support and rising fuel costs. Amid this, market differentiation between EV sector leaders and laggards has become evident, with some stocks surging while others decline. Oftentimes, investors have EV exposure through ETFs. But diversification in individual
In general, large-cap stocks are associated with steady upside and continued value creation through dividends. It’s growth stocks that seem more exciting in terms of skyrocketing in quick time. However, there are always exceptions. Nvidia (NASDAQ:NVDA) has surged by over 200% for year-to-date. Even Apple (NASDAQ:AAPL) has witnessed a strong rally of 42% for the
If the cost of living crisis has you thinking of what future generations will face 20 years from now, it’s probably time to look for stocks to buy your children now. Among the best stocks to buy for your offspring are the ones that will thrive over the long-term. For better time management, pick up
It’s been hard to go wrong with artificial intelligence stocks this year. A surprise 2023 stock market rally and Nvidia’s (NASDAQ:NVDA) jaw-dropping earnings results created a boom for many stocks. And just like that, artificial intelligence (AI) suddenly became a buzzword. Investors scooped up shares of small, medium, and large-cap companies that stood poised to benefit
The Federal Reserve is set to make its next move shortly, and it could send a shock through the market. With already high interest rates, a sticky inflation problem and an uncertain economic outlook, many investors are taking a cautious approach for the rest of 2023. And there should be particular concern about companies that