Occasionally, hot stocks can get that much hotter in a move that can only be described as a “melt-up.” Such extreme share price action can be like the reverse of a stock meltdown, whereby a stock crashes rapidly, like in late February 2020. Indeed, stock melt-ups and meltdowns tend to catch many off-guard. And while
As companies allocate more of their marketing budgets to digital platforms, digital advertising stocks show promise for future expansion. In 2024, the digital advertising market is valued at close to $670 billion. It accounts for approximately 69% of total media ad expenditure – an impressive 10.9% increase from the previous year. This upward trend is expected
The retail season gets more compressed every year. Summer has just started and many retailers are already in full back-to-school mode. You may not be on the hunt for sales on backpacks and notebooks, but this may be a good time to look for retail stocks to buy. Retail sales have been sluggish for
Gold has witnessed a healthy rally of 17% for year-to-date. After trading at recent highs of $2,482 an ounce, there has been some correction in the precious metal. However, I believe that gold is likely to remain in an uptrend. It’s therefore a good time to consider exposure to gold stocks for robust returns. A
The Nasdaq 100 is a list of the 100 most valuable companies traded on the Nasdaq index as measured by market capitalization. The Nasdaq index is generally associated with the technology sector. However, the Nasdaq 100 spans all industries and sectors. And, like all other indexes, the Nasdaq 100 includes many undervalued stocks that are
More than a decade has elapsed since the conception of hyperloop transportation entered the public domain. This innovative and technologically advanced concept encountered skepticism from investors and faced significant challenges during its implementation. However, progress in this domain has remained steadfast. The initial shareholders of hyperloop stocks will hold in their hands a transportation method
Selling stocks just because of the negative momentum riding behind them is not typically a good idea. However, for the firms that have lost their way, with questionable (and perhaps deteriorating) long-term growth narratives, decaying fundamentals, or other uncertainties that could weigh heavily on one’s longer-term (think three to five years or more) investment thesis,
Cryptocurrencies have their ups and downs but blockchain stocks show promise of significant long-term returns. Blockchain is primarily known for powering cryptocurrency transactions, but the technology’s use cases go far beyond that. In its simplest terms, the blockchain platform allows users to store data and initiate peer-to-peer transactions. The technology has revolutionized industries such as
People spend a lot of time on their devices, but the actual number may surprise you. The average American spends 4.5 hours on their smartphone each day, and that’s not even including laptops and tablets. Our digital devices give us access to many perks that are more difficult to obtain in the real world. The
The stock market is constantly evolving, with many companies grabbing the headlines in the wake of new innovations. Over the last year, the focus on strong buy stocks tied to artificial intelligence is showing signs of a slowdown. While these companies, in most cases, deserve the spotlight, sometimes it can become a little overblown. Currently,
Cannabis stocks have gained in the past couple of months following the federal government’s reclassification of the drug. Experts also anticipate that the lobby to lift the ban on the U.S. financial institutions financing cannabis stocks and the reclassification may see the industry market value double to $57 billion by 2028. These three cannabis stocks,
While it is true that many financial stocks have rebounded in the market this year thanks to high profitability levels and increased demand, some have not enjoyed this same turn of fortune. The financial industry remains one of the most profitable industries in the world. However, there are many reasons that could cause financial stocks
“Show me the money!” The popular catchphrase shouted by Tom Cruise’s character in the movie Jerry Maguire is very relatable to investing. Show me where the smart money is going and you can probably uncover a stock worth betting on. If these billionaire investors are putting big money on the line then there is a good chance the stock will be
Apple (NASDAQ:AAPL) stock is finally in the grip of the AI fever. The iPhone maker traded at 52-week lows of $164 mid-April. In three months, Apple stock surged by 35% and trades at a forward price-to-earnings ratio of 30.3. I believe that valuations are stretched, considering the company’s revenue and earnings growth trajectory. A correction
As if 2024 couldn’t get any more bizarre, President Joe Biden announced on Sunday he was withdrawing from the presidential campaign. He subsequently endorsed Vice President Kamala Harris to become the Democratic nominee. Coming just a week after the assassination attempt on former President Donald Trump’s life, the election season gets roiled more every day.
Markets have been slipping recently, but make no mistake. Now is the time to buy growth stocks. These drops are a short-term issue. FED chair Jerome Powell says he sees inflation and economic growth in “much better balance.” This indicates improving market conditions. Additionally, it strengthens press release claims of Powell lowering interest rates in
Now might be the greatest time ever to consider which construction stocks to buy. As we move into the second half of 2024, increased urbanization, coupled with rising demand for sustainable and resilient infrastructure continues to spur a global construction boom. Investors currently have a unique opportunity, given the increased demand for more energy efficient
Nurphoto | Nurphoto | Getty Images Spot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin. These ETFs will invest directly in ether, which is the cryptocurrency used in
If you want to invest smartly, look no further than dividend stocks. These powerful investments offer the best of both worlds, combining steady income with the potential for superb capital gains. Hence, they are ideal for those looking for financial stability, delivering regular dividends while promising long-term wealth creation.Over the past few years, the focus
The suddenness of the latest mid-cap melt-up was a hot topic of conversation last week. Though it’s hard to tell just how sustainable the upward move was, I think it’s safe to say that many investors were caught witnessing the move from the sidelines. Indeed, it was all too easy to throw in the towel
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