From planes to trains to automobiles, every innovation in human movement has opened new doors and new industries. Some of the most innovative companies of today are now bringing in flying cars, promising to once again revolutionize the way we travel around. Flying car stocks will bring about easier short-flights, and the possibility to fly
On Monday, Mullen Automotive (NASDAQ:MULN) announced it had acquired assets from Romeo Power for $3.5 million. From a fundamental standpoint, this means… well… not much. The $3.5 million purchase represents less than 2% of Mullen’s reported cash, and the assets appear to be a part of a fire sale that Mullen probably didn’t need. Nevertheless,
My mission, should I choose to accept it, is to find the three most undervalued materials stocks to buy in September. Dr. Ed Yardeni and his capable crew at Yardeni Research produce interesting charts weekly about the S&P 500. I’m always looking at sector performance, both monthly and year-to-date (YTD). In the latest edition, materials
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023. Michael B. Thomas | Getty Images Check out the companies making headlines in midday trading. General Motors, Ford, Stellantis — Shares of Ford rose slightly, while General Motors gained 1% and Stellantis was
After years of factory closures and offshoring, manufacturing is returning to America. A 2022 report by the consulting firm McKinsey & Co. said that manufacturing in the U.S. is experiencing a “renaissance”. It noted that the sector today accounts for $2.3 trillion in annual gross domestic product (GDP), employs 12 million people, and directly supports
Sometimes, I’ll root for an underdog. However, I just can’t get behind electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) in 2023. LCID stock has been a poor performer and could easily continue to lose value this year. I’m not the only commentator who’s concerned about Lucid Group’s future prospects. As we’ll see, at least one expert
Advanced Micro Devices (NASDAQ:AMD) shares have surged 65% year-to-date amid optimism about its AI prospects, but the company faced challenges due to a PC market downturn. Nvidia’s (NASDAQ:NVDA) AI success underscored AMD’s lag, yet AMD stock has grown 212% over the last five years, making it a leader worth watching. Many investors have shifted their
Pursuing undervalued Cathie Wood stocks radiates a magnetic allure for investors aiming for a hefty financial breakthrough. The stocks favored by Wood are risky but grounded in foresight, offering tremendous long-term upside potential. She has effectively navigated the volatile waves of SPAC-mania and the burgeoning retail investor sphere with a discerning eye. Wood’s ARK ETF
Over the past year, fintech stocks have been under lots of pressure. While enterprise software stocks like Workday (NASDAQ:WDAY) and Intuit (NASDAQ:INTU) are near 52-week highs, some fintechs are at multi-year lows. Sentiment has turned extremely negative, a stark contrast from the rosy pandemic period. However, the market’s indifference is creating an opportunity. Some undervalued
Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, made waves with his recent stock picks again. Burry’s insight and strategic thinking led him to invest in three seemingly disparate industries: healthcare, travel, and entertainment. Burry’s selection appears to have in common a tapestry of strategic considerations, financial insights, and growth potential. The
Personally, I believe that nuclear energy will undoubtedly be the energy source of the future, besides being much less polluting than fossil fuels, I think it has much better uses and power than traditional energy sources. This has led to the rise of undervalued nuclear energy stocks to buy. There are many companies making great
In July, the Federal Reserve Chair Jerome Powell, states “given the resilience of the economy recently [we] are no longer forecasting a recession.” However, analysts and economists are shifting their outlook even more optimistically, with Tom Lee, Fundstrat’s head of research, suggesting that the economy is poised for an expansion. He presents the notion of five “green
Investing in promising solar stocks offers investors significant potential for outsized returns as the global economy transitions to green energy. The global solar power market was last valued at $234.86 billion in 2022 and is expected to grow at a CAGR of 6.9% from 2022 – 2029. As the United States sets its sights on
If you’re looking out for stocks to avoid, you’ve come to the right place. Knowing when to give up on a company, cut your losses, and move on can be difficult for investors. But knowing when to sell is just as important as knowing when to buy. The companies I mention below are stocks that
General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Bryan Woolston | Reuters Check out the companies making headlines before the bell. KeyCorp — The Cleveland-based regional bank rose almost 2% premarket after Piper Sandler said the shares
Dividend stocks are the best way to build wealth, which is why you should look for ultra-high yield stocks. The asset managers at Hartford Funds looked at the benchmark S&P 500 going all the way back to 1930 and found there hasn’t been a single decade where dividend stocks didn’t produce positive returns. Even during
I believe that it’s a good time to accumulate some undervalued small-cap stocks. The S&P 500 index should have a sustained rally next year. Monetary policy tightening is almost done and the news is discounted in the markets. The United States economy has also evaded a potential recession. If we curb further inflation, GDP growth
Meta Platforms (NASDAQ:META) stock surged 129% this year, as investor piled into this metaverse-focused company for reasons completely separate from the company’s shift to becoming a metaverse company. Rather, Meta’s cost efficiency focus, its AI-related investments, and the strength of its core business appear to be the reasons investors continue to put their money to
Think all large-cap artificial intelligence hardware companies are grossly overvalued? Think again, abd look at Cisco Systems (NASDAQ:CSCO) stock. Cisco is a networking equipment manufacturer that probably deserves your attention in 2023. CSCO stock isn’t a perfect holding for everyone, and it gets a “B” grade. Yet, it should appeal to some income-focused, value-oriented and momentum-seeking
Among U.S.-listed Chinese EV stocks, Li Auto (NASDAQ:LI) has been a top performer. Since January, LI stock has experienced a nearly 93% run-up in price. Compare that to another high-profile Chinese EV play, Nio (NYSE:NIO). While NIO is in the green for 2023, the stock has delivered far less spectacular returns (around 4.6%) year-to-date. Another