The Metaverse stands out as a progressive frontier, and the boundless and immersive virtual universe continues to gain momentum. Savvy investors are eagerly seeking the following big players set to revolutionize this new era of interconnectedness. This article lists three under-the-radar Metaverse stocks quietly making waves in the industry. The first one has been on a
It shouldn’t surprise anyone in the U.S. that July 2023 was the hottest month ever recorded on Earth. It is so hot that some cities have gone an entire month without temperatures falling below 100 degrees Fahrenheit. Coincidentally, 2023 has been the summer for sizzling stocks. The S&P 500 is up nearly 10% since the
Medical stocks, in general, aren’t enjoying the market-wide reversal we’re seeing in the back half of 2023. The Morningstar US Healthcare Index, which measures a range of biotech, pharma, medical device and healthcare facility companies, has returned less than 1% since January. Compare that performance to the S&P 500’s rapid mid-March reversal and 20% jump
Investors often jump into expensive stocks that have strong momentum and grand underlying businesses. However, these stocks can underperform the broader market or even return losses if your entry point is too high. On the flip side, stocks that offer both growth and value can outperform in both the short and long term. This is
Cryptocurrencies are hot again this year, and so are companies specializing in blockchain technology that underpins and supports digital coins and tokens. After enduring what came to be known as the “crypto winter” last autumn following the $8 billion collapse of cryptocurrency exchange FTX, digital assets have staged a comeback, with the price of Bitcoin
Here’s some eye-popping math for you. From its July 26 closing price of $9.38 to its final price of $13.27 on July 28, QuantumScape (NYSE:QS) stock rallied approximately 41.5%. Today, I’m going to recommend that QuantumScape’s investors got lucky and should strongly consider taking profits. There may be even a short-selling opportunity here. That’s how irrational
According to Morningstar, communication services companies are those “that provide communication services using fixed-line networks or those that provide wireless access and services.” Also within the space are firms “that provide Internet services such as access, navigation and Internet related software and services.” Among the companies running into trouble in the communications services space are a number of
An artificial intelligence (AI) frenzy has swept the markets since Nvidia (NASDAQ:NVDA) reported strong earnings guidance in the first quarter. While it’s easy to get excited about high returns and the technology’s impact on revenue growth, some AI stocks have become overvalued. Some stocks ride the trend and end up disappointing shareholders. The AI boom
In this article FRSH SMG GNRC AMD SBUX NCLH CVS SEDG Follow your favorite stocksCREATE FREE ACCOUNT A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Check out the companies making the biggest moves midday: SolarEdge Technologies — The
The year has marked a strong comeback for technology stocks. The S&P 500 index has trended higher by nearly 20% year-to-date. During the same period, the NASDAQ rallied by 44%. This is an indication of the momentum in the technology sector. The tech giants are usually in discussion, and I believe they will continue creating value. However, it’s
Energy is a fundamental pillar in our survival, but it’s getting more expensive to tap into this resource. Gas prices continue to rise, and current geopolitical disputes are only making it worse. Some companies offer an alternative: renewable energy. This energy source taps into water, air, and the sun instead of fossil fuels. As the
As a prolific cog in the economic machine, the healthcare industry has been a roller coaster ride over the past few years. With the global pandemic, economic slowdown and industry-wide disruptions in play, healthcare stocks took a major hit but are now demonstrating signs of recovery. However, the industry has proven its resilience, effectively weathering
Automakers are spending billions to build a massive electric vehicle (EV) charging network, creating sizable EV charging stock opportunities. In fact, according to CBS News, “Automakers said the new electric vehicle charging network will nearly double the number of quick-charging plugs in the US and Canada, with the goal of swaying consumers on the fence
For long, investors in the cannabis industry have pinned hopes on federal-level legalization. Without a doubt, that’s a big catalyst for growth for the cannabis industry. However, even without legalization at the federal level, the growth outlook is promising. Given the point that the sector has remained depressed, I would accumulate high-potential cannabis stocks at
In the fascinating landscape tech realm, quantum computing stock opportunities could prove to be incredibly lucrative over time. The notion of quantum computing, born over two decades ago, is now gaining solid traction on The Street. Moreover, the technology, rooted in the mysteries of quantum mechanics, aims to boost computing speeds significantly. The advancements in
Financial stocks haven’t enjoyed the same rally as tech stocks in 2023. Rising interest rates, a weakened consumer, and worries about a chain reaction of regional bank collapses contributed to these stocks falling behind. This has led to the rise of undervalued bank stocks. The Financial Select Sector SPDR Fund (NYSEARCA:XLF) is only up by 2% year-to-date.
Investing in companies that make products people buy day-in and day-out is a smart way to weather an economic storm, but there are some consumer staples stocks to sell which are the exception to that rule. A consumer staples stock includes a whole range of companies— from over-the-counter medicines to household products, food and even
The Match.com website is shown on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell on Wednesday. CVS Health — Shares of the retail pharmacy giant rose 1.8% premarket after the company posted strong earnings and revenue for the second quarter. CVS reported earnings of
The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners. It’s not too late to hop on the trend. There are still cheap tech stocks out there
While the Federal Reserve seeks to spark gentle disinflation, it can’t be too soft on accelerating consumer prices either, which is exactly why investors need to consider reliable stocks during rate hikes. Sure, some recent data points to an encouraging backdrop for slowing inflation. However, the central bank can’t lose focus now. It’s like a