Meme stocks became a cultural sensation when Gamestop (NYSE:GME) went parabolic in 2021. The move shocked many investors and put short sellers in a challenging spot. However, it also hurt many retail investors. This has led us to reveal the worst meme stocks. After witnessing GameStop’s success, many investors flocked over to other meme stocks.
Building a seven-figure portfolio takes time, patience, and requires choosing the right stocks for investment. Identifying companies with massive long-term growth potential can set you on the path to amassing $1 million or more over a decade. Of course, an investor’s actual gains depend on portfolio size and investment horizon. However, by focusing on stocks
Automation is a trend that’s been ongoing for decades. As companies seek greater productivity, automating undesirable tasks will continue to happen, and AI and machine learning will help us get there. Recently, machine learning mainly involved predictive models classifying data for forecasts, with limited corporate spending. The Nasdaq surged 31% in 2023 due to generative
Navigating the vast ocean of investment opportunities, the quest for the best AI stocks is virtually on every astute investor’s radar. As we ride this technological tsunami, it’s clear that the AI renaissance has propelled a few companies to the stratosphere while others are revving up on the tarmac. Though teeming with innovations, the bustling
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Check out the companies making headlines before the bell: Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late Monday topped analysts’ estimates. The advanced manufacturing services company posted non-GAAP earnings of
While it is true that penny stocks can present good opportunities for exponential gains, this is not the case with these three. Maybe at some point they gave good results, but as economists know, there is the law of diminishing marginal returns, there comes a point in the trajectory of a penny stock where it
Yes. I hear you. I told you to buy SoFi Technologies (NASDAQ:SOFI) stock; you bought SoFi Technologies; SoFi delivered what analysts called excellent earnings; we cheered. Since then, SOFI stock is down 18%. Shares that cost $10 when earnings came out will sell for just $8.17 when the bell goes off August 21. I’d be mad
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has made a solid recovery so far this year. Other tech stocks have performed even better during this time frame. Still, a nearly 43% jump in price for GOOG stock is nothing to sneeze at. However, chances are it’s not the stock’s performance relative to other FAANG components that has you wondering
Investors looking to get back ahead should consider these unmatched stocks to buy while they’re inexpensive. The summer of 2023 is a period of unexpected expansion. Unemployment is at its lowest point in nearly 50 years, inflation is decreasing, and wages are outpacing price increases from the Federal Reserve. Consumers and businesses continue to spend
The stock market, much like the ebb and flow of tides, has its moments of highs and lows. In the vast ocean of S&P 500 stocks, there are some that currently find themselves in an oversold territory. While this might raise alarm bells for the faint-hearted, seasoned investors often see this as an opportunity to
Joby Aviation (NYSE:JOBY) stock, a lesser-known but potentially significant aviation stock, operates in the emerging air mobility sector. Despite a strong year-to-date surge, JOBY stock’s potential could remain high due to the early-stage market. Based in California, Joby Aviation specializes in electric vertical takeoff and landing aircraft. Backed by major financial supporters, holding a modest
The past few weeks have brought forth a mix of favorable and disheartening news for flying car stocks. While certain companies have secured their initial official certificates from the Federal Aviation Administration to begin flight testing, others have temporarily suspended their testing because of battery-related concerns. As competition in the field continues to heat up,
The Nvidia (NASDAQ:NVDA), its stock price surged over threefold in 2023, driven by high demand for AI chips. However, Asian chip makers, responsible for Nvidia’s chips, are seeing their lowest earnings in years. Investors optimistic about Nvidia’s ongoing impressive performance should take heed of the challenges the global advanced chip industry is currently facing. Nvidia’s
Verizon (NYSE:VZ) stock certainly hasn’t been a winner for folks who bought and held it over the past couple of years. Yet, hope springs eternal among income-focused financial traders. Verizon might pay what looks like a decent dividend, but by itself, this shouldn’t persuade cautious investors to take a share position now. We’ve already warned
Over the past year, artificial intelligence (AI) has taken the world by storm. Organizations are transforming operations and leveraging AI technology to improve productivity and grow. Although we are still in the early innings, companies are already benefiting from the trend. This article discusses undervalued AI stocks that are capitalizing on the innovation. AI touches
Investors seeking potential opportunities often gravitate toward high-growth areas of the market. Of late, AI stocks, or companies that are involved in developing the front-end artificial intelligence solutions, or service the back-end technical aspects of this sector, have taken off. Many of the names on this list will certainly be familiar to most investors looking
David Borun goes over the best methods for closing a trade, despite how your original thesis was correct, or incorrect.
High-yield dividend stocks can provide investors with an extra cushion in difficult markets. After all, you continue to get paid even if share prices fall. Of course, the higher the yield the greater the risk overall. Many companies that pay above 5% are considered high-yield/high-risk. However, if you simply look for firms that have long histories of
When it comes to investing in dividend stocks, some investors focus mainly on yield. This can sometimes lead to investing too heavily in stocks that, while offering a high yield, could end up becoming dividend traps, whether from cutting/suspending their dividends, and/or from shares declining in value, outweighing the large payouts. Other investors focus on dividend
While it’s always nice to read a range of opinions about the market, targeting top Wall Street upgrades this week may be a more sensible choice. Fundamentally, the major indices have printed red ink as economic jitters again rose to the forefront. This time around, investors appear skeptical about the Federal Reserve’s efforts to spark