The best Nasdaq stocks to buy are those with the firepower to live up to the index’s impressive recovery. The Nasdaq is home to a host of tech stocks, including some of the mega caps that are now the most valuable companies on the planet. In the past, this has served the index well, as
The stock market has primarily been on a tear this year. Year-to-date, the S&P500 and the Nasdaq indices have risen 14.75% and 35.44%, respectively. This expectation-defying capital appreciation was not without its moments of volatility, and, of course, not every sector in the equities market is performing up to par. Some consumer discretionary stocks have been under pressure from rising costs,
AdvisorShares, the company managing the world’s largest hemp exchange-traded fund Poseidon Dynamic Cannabis ETF (NYSEARCA:PSDN), has reported a waning interest in cannabis stocks. The cannabis industry in the U.S. faces harsh realities of supply surplus, declining wholesale prices, stricter regulations, and distribution challenges. However, where crisis dawns for some, opportunities can emerge for others. In
Look no further if you’re considering stocks to sell since the market rally has taken a breather. After posting historic results in this year’s first half, led by a 30% gain in the tech-heavy Nasdaq index (its best performance in 40 years), all three major U.S. indices are in the red for August. The Dow
In this article ORCL VZ T BBY Follow your favorite stocksCREATE FREE ACCOUNT Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines before the bell. Oracle — The software
Trends come and go in the dynamic realm of investing. However, certain sectors offer more than just fleeting opportunities. Battery stocks are increasingly becoming the linchpin of the modern energy equation, promising technological progress and attractive returns for savvy investors. Hence, every investor wants a piece of the action and is actively looking for battery
As consumer spending has (and continues to) cool, many retail stocks have become heavily sold short. In many cases, these large wagers by the short-seller community (considered to be part of the “smart money”) appear to be shrewd bets. However, in situations where the short side of the trade has become very crowded (i.e. the
Now is a great time to be looking for hydrogen stocks to buy. Hydrogen stocks only continue to gain momentum as the shift toward decarbonization of energy production moves forward. Hydrogen contains roughly three times the energy of a similar amount of gasoline by weight. The combustion of hydrogen emits only water. That simple comparison
Nvidia (NASDAQ:NVDA) stock has been the world’s most valuable semiconductor plays by market capitalization for some time. However, after beating earnings by a whopping margin yet again in its fiscal fourth quarter, the stock high a fresh new all-time high above $500 per share. Now, NVDA stock has given up some of these gains since
JOBY Aviation (NYSE:JOBY) is a flying car stock operates in the emerging air mobility sector. Despite recent gains, its potential in the early-stage market is noteworthy. With strong financial backing and expertise in electric vertical takeoff and landing aircraft, long-term growth investors may certainly consider a cautious investment in this flying car stock. The company
While tech juggernauts celebrated a meteoric rise in the stock market this year, the narrative wasn’t quite as jubilant for financial stocks. However, amid the ebbs and flows, a few promising bank stocks defy the trends. Rising interest rates, a drooping consumer sentiment and haunting specters of regional bank collapse largely set the tone for
Because Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) owns Google, it has tremendous influence in the world of search engine technology. The company has to stay several steps ahead of its rivals, and Google is using artificial intelligence enhancement to achieve this. This is significant for GOOG stock investors as Google can maintain a competitive edge through AI technology.
With Bitcoin (BTC-USD) prices plunging recently, it makes sense that Coinbase (NASDAQ:COIN) has been under pressure. However, that’s not the only thing weighing on COIN stock. Why? Not one, but two battles are heating up, creating ample uncertainty for the company, and for shares. First, the crypto exchange operator is contending with competition from traditional
The NASDAQ index, which lost one-third of its value last year, has rebounded with vigor in the first half of 2023. It climbed a staggering 32% during the period, channeling the spirit of 1983 when the tech-heavy index shot up 37% in value. Hence, investors are looking to cash in on the uptrend and to
During the 2010s, Block (NASDAQ:SQ) stock benefitted as the company innovated itself to the top among America’s transaction processors. Instead of looking for customers through banks or re-sellers, and building a complex system of special deals, Block went directly to merchants. It offered simple pricing, and a dongle that worked on a mobile phone. It
Energy stocks have been undergoing a major transformation in the past year and a half, driven by a tripartite cohort of the challenges in the energy sector. This includes elevated commodities prices, geopolitical tensions and the climate crisis. The first two go hand-in-hand. The war in Ukraine has revitalized decades-old geopolitical rivalries while lifting global
In 2022, U.S. companies did $1.22 trillion in stock buybacks. In the first half of 2023, S&P 500 companies have repurchased $385 billion in stock despite paying over $3 billion in tax on the share repurchases due to the 1% tax that went into effect on Jan. 1. Many companies feel share repurchases are an
Although the Federal Reserve isn’t finished with increases in interest rates, the United States economy still remains strong. The Atlanta Fed’s GDPNow forecasting model is pointing to a 5.9% growth rate for real gross domestic product (GDP) in the third quarter, and chief market strategist at Bannockburn Global Forex in New York Marc Chandler states
After I spent many years following Wall Street, there are a few characteristics about the “big money” that stand out for me. One of these traits is that many if not most large investors are very reluctant to buy stocks that have a 60%-80% chance of climbing a great deal in the long term but
Investing in biotech stocks is challenging even when you’re investing in established companies with commercially available drugs and expansive pipelines. And investing in up-and-coming biotech stocks is only for the most risk-tolerant investors. When investing in the biotech sector, you’re speculating on future outcomes rather than a company’s financial performance. That’s because in many