Following what billionaires and investing gurus are doing isn’t a bad strategy. Looking at their top stocks to buy is at least a good first step for beginning your investment journey. But if always blindly buying what they bought was a successful strategy, we’d all be millionaires. Quite often, the smartest guys in the room are
Navigating the kaleidoscope of the stock market, it’s clear that the reasons for a short-term rally are as diverse as the companies themselves. Some stocks rebound with gusto, while others catch the investor’s eye due to the sheer brilliance of their outlooks, morphing into must-buy top performers. However, these top stocks for 2023 stand out
Investors continue to rush into AI’s potential trillion-dollar opportunity, but some caution is due as some AI stocks over-inflate amidst competition from tech giants. Indeed, the valuations of many AI stocks now carry prices in years and years of growth. Thus, even if this opportunity materializes, it’s unclear how much upside will be left for
Oil prices are on the rise and with it, prices at the gas pump are rising too. There’s not much consumers may be able to do about that this year. But it’s a reminder of the key benefit to electric vehicle (EV) ownership. That makes it a good time to look at the top EV
A Six Flags Great Adventure “Clean Team” crew member disinfects the Wonder Woman: Lasso of Truth ride every 30 minutes. Kenneth Kiesnoski/CNBC Check out the companies making headlines in premarket trading. UBS — Stock in the Swiss bank ticked up 4.6% before the opening bell following news that UBS ended a $10 billion loss protection
In 2022, the idea of a massive online augmented or virtual reality gathering place became mainstream. We even saw Super Bowl ads devoted to the concept. A year later, however, enthusiasm has cooled and it’s time to sell these metaverse stocks to avoid in August. As it would turn out, it is taking a while
With the world going green, some of the most explosive opportunities can be found in hydrogen stocks. Analysts at Markets and Markets say the market could be worth $410.6. billion by 2030. Goldman Sachs (NYSE:GS) says we could be looking at a $1 trillion opportunity by 2050. Meanwhile, the U.S. Department of Energy just said
Payment processing specialist PayPal (NASDAQ:PYPL) is a formerly favored company on Wall Street that’s now in a state of decline. PYPL stock gets a “D” grade because, even if some of PayPal’s financial metrics seem adequate, there are definitely cracks in the foundation. Not long ago, UBS analysts cut their price target on PayPal shares from
In hindsight, Meta Platforms (NASDAQ:META) stock was clearly a “can’t miss” contrarian opportunity late last year, when the tech giant traded for as little as $88.09 per share. Since then, META stock has rallied by around 246%, thanks to favorable company-related and sector-related developments. However, while it may be a longtime before the Facebook and
Chimerix (NASDAQ:CMRX), like most clinical-stage biotech stocks, is without question a high-risk play. Yet in contrast to other biotechs, where high potential rewards can outweigh this high risk, that is not necessarily the case here with CMRX stock. Sure, on paper, Chimerix’s future prospects appear very promising. Last year, the company sold a treatment that
As much as I love good dividend stocks, I have very little patience for F-rated dividend stocks that do nothing but drag your portfolio down. As an investor, you deserve better! A great dividend stock can make all the difference in your portfolio. By reinvesting dividends, growth investors can increase their positions and investing power
The U.S. equity valuations continue their remarkable trend upward, well beyond anyone’s expectations in 2023. The major indices appreciated amid expectations of a soft landing for the economy as the Federal Reserve battles inflation. While inflation still sits above the Federal Reserve’s target, it is well below where it was 12 months ago. However, despite
Quantum computing is a rapidly emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers. To function, quantum computers use subatomic particles, such as electrons or photons, to represent and manipulate information in quantum bits (qubits). This technique gives quantum computing companies a potential speed advantage over traditional
We’ve seen a wild ride this month, and we’re barely a week into August. After stocks hitting a year-to-date peak on July 31st, each day in August saw another red close as markets pared back gains and institutional investors took profit. Pundits point to the usual range of tea leaves to explain what’s happening, including
The aerospace industry plays a pivotal role in shaping modern transportation, defense systems and scientific exploration. Driven by a demand for innovation, engineers are more inclined than ever to explore beyond Earth. The defense and aerospace industry was valued at $795.92 billion in 2022 and is forecasted to grow to $1076.56 billion by 2027. The
Inflation has been reducing purchasing power for consumers over the past two years. So, to counterattack this effect, consider some inflation-hedging stocks. These stocks do well when inflation increases. In June 2022, U.S. inflation hit a four-decade peak reaching a record 9.1%. Budgets were increasing for consumers and companies’ margins were getting squeezed. However, some leading inflation-resistant
The allure of high-potential dirt-cheap stocks often tempts those looking for the next big win. This year has seen some market sectors skyrocket while others remain in the shadows, with untapped potential. These stocks continue to elude the glaring spotlight of market hype, ensuring savvy investors a chance at undiscovered treasures. Whether it’s a major
While several market ideas have blossomed this year, many are overpriced, which naturally draws eyes to the best value stocks to buy. Here, we’re talking about publicly traded securities that trade at a lower price relative to fundamental metrics, most commonly sales or earnings. Obviously, value investing opportunities entice market participants due to their underlying discount.
It’s a common assumption that the best ESG (environmental, social, governance) stocks to buy may be profitable for your inner wellbeing but not necessarily for your portfolio. After all, doing the right thing in our personal lives usually comes at a cost; either a direct one or a cost associated with a lack of recognition