With the United States economy demonstrating strong performance recently, Federal Reserve officials are considering to double their 2023 growth projections. Economic data has consistently exceeded analysts’ and economists’ expectations, prompting the unofficial estimate from the Atlanta Federal Reserve to suggest a 5.6% annualized expansion in Q3 2023. Furthermore, the new projections, set to be released
As a form of value exchange, many cryptocurrencies and blockchain-based digital assets provide value. Smart contracts paved the way for a whole range of decentralized applications, which provide value to millions of users each and every day. While investors may easily support certain conceptual growth features of blockchain technology and the cryptocurrencies that arose out
As companies boast robust earnings, pioneer breakthrough technologies and cement a loyal customer base, excitement over their future potential skyrockets. However, as they evolve — sometimes for the worse — businesses become obvious stocks to sell. On the brighter side, the U.S. equity market has shown promise this year, with the Nasdaq index rebounding by
Do you want to diversify your portfolio to the next level? Investing in industrials stocks can offer exposure to a diverse set of innovative businesses that have the potential to grow and generate long term profits. Industrials are a vital part of the economy, providing goods and services that support various companies and consumers. They
In this article PL RH DOCU SMAR GWRE Follow your favorite stocksCREATE FREE ACCOUNT The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in extended
While the rule of thumb in the market is to invest in stable enterprises in industries with which you’re familiar, sometimes you need to hit the gas with the best small-cap stocks to buy. Let me give you a real-world example. Suppose you’re a good driver that always obeys the speed limit. However, as you’re
While even the so-called best utilities stocks will likely never be mistaken for sexy opportunities, they offer exceptional relevance, especially at this juncture. With Wall Street unsure how to digest various macroeconomic news, the utilities space brings some predictability to your portfolio. No, no one can guarantee upside, irrespective of whether we’re discussing the best
E-commerce offers consumers a more convenient solution to buy their favorite products. Instead of commuting to the nearby store, shoppers can buy products online from the comfort of their homes or anywhere else, creating big opportunity for some of the best e-commerce stocks. This trend has become a popular way to spend money, with companies raking
Banking on the Goldilocks narrative, targeting the best mid-cap stocks centers mostly on balance. If you go the small-capitalization route, you’ll benefit from maximum upside potential. However, materializing said potential is a whole different ballgame. On the flip side, the blue chips offer a higher probability of success. Unfortunately, that success typically yields limited upside.
If global leaders plan to have millions of electric vehicles (EVs) on the road by 2030, they’re going to need a good deal of charging stations, too. With that, we wanted to take a quick look at some of the best EV charging stocks to buy and hold today. Right now, just in the U.S.,
Stocks fall into two primary categories: value and growth. Value stocks represent established firms with stable finances, while growth stocks are typically dynamic, youthful, and disruptive companies. Unlike value stocks, growth stocks reinvest profits to fuel rapid expansion instead of paying dividends or buying back shares. For long-term investors, the upside can typically be higher
All of today’s top tech stocks have one thing in common. They began as unprofitable, small-cap firms before exploding into the mega-cap monoliths of today. True, many tech stocks didn’t survive the post-Dot Com purge. Yes, today’s top tech stocks enjoyed an unprecedented bull run driven by low rates and continual monetary policy tweaking. However,
Peloton Interactive (NASDAQ:PTON) reported horrid Q4 2023 results on Aug. 23. PTON shares lost 22% on the news. As fitness stocks go, Peloton is not your friend if you want to make money. Not only did the company lose 68 cents per share in the fourth quarter, 30 cents more than analyst expectations, it also
Several growth stocks have rebounded this year on improved investor sentiment, even as macro uncertainty continues to impact businesses. While many experts anticipate the Federal Reserve holding on to interest rates at current levels, based on data revealed by recent economic releases, it is worth noting that inflation still remains above the Fed’s target of
This year has been a time of reckoning for streaming stocks. The pandemic-induced boom in subscription services has long since passed. Nowadays, consumers are spending their disposable income on real-world experiences and shying away from digital services. In fact, researchers are now pointing to subscription fatigue as a rising concern. This has caused growth to
Many renewable energy stocks have been trading sideways over the past couple of years. Indeed, that may surprise some investors, considering the initial excitement around this sector and announced government stimulus for green energy. However, the long-term shift towards renewable power is still very much underway as countries aim to reduce carbon emissions and reliance
ChargePoint electric vehicle charging station at Walnut Creek City Hall parking lot with car, trees, and clear sky in the background, Walnut Creek, California, April 18, 2023. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/gado | Archive Photos | Getty Images Check out the companies making headlines in midday trading. WestRock — The stock gained 5%
S&P 500 companies collectively saw second-quarter earnings fall by 4% over last year. A big problem for the index constituents is the higher interest expenses that are eating into corporate profits. This has generated a longer list of S&P 500 stocks to sell. Interestingly, the average S&P 500 company generated $7.60 of operating profits for
Over the past decade, cloud computing has been a core component for many thriving enterprises. All ranges of businesses, from streaming platforms to financial services, have embraced the technology. Today, the best cloud computing stocks are still helping enterprises migrate data and applications to the cloud. Cloud computing technology provides on-demand services such as networking,
A high-ranking official at the Federal Reserve has indicated that the US central bank is planning to maintain its benchmark interest rate during its September policy meeting. This decision comes in response to recent economic data, which, according to the official, does not warrant any immediate need for additional monetary tightening. This has led to