While growth stocks have come back into favor this year, there are a number of growth stocks down 20% or more from their 2023 highs. While some might see this as a red flag, astute investors recognize it as a potential opportunity. Growth stocks often carry a premium price tag, and that’s certainly the case
Quite frankly, the best $1 stocks to buy now are only for people with “stupid” money. By that, I mean you’re swimming so deeply in green-tinted paper that you need to lose some of that cash, just to feel alive again. Otherwise, let the editor-in-chief be furious with me – you don’t want to touch
In this article CLX QRVO ZG QCOM DASH ETSY HOOD Follow your favorite stocksCREATE FREE ACCOUNT Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Check out the companies
Real estate stocks are forming the perfect storm. First, the pandemic greatly reduced society’s desire to use various kinds of commercial real estate. Second, soaring interest rates have made it far more difficult for leveraged real estate owners to make good on their interest payments and debt refinances. Some firms will get through the disruption
Most investors are familiar with the notion that focusing on time in the market rather than timing the market is the best strategy. That applies to the EV stocks mentioned in this article as well. However, timing is also important, and these stocks are priced attractively at the moment. That means it’s a good time
It’s been a tough year for banks and the financial services industry, primarily from the implosion of several regional lenders that resulted in government takeovers. Year to date, the S&P Banks Select Industry Index is down 7%. That compares to a 20% increase in the benchmark S&P 500 index. While the share prices of smaller
For all the focus on Nvidia (NASDAQ:NVDA), Advanced Micro Devices’ (NASDAQ:AMD) strategy in the AI space is steadily gaining momentum. While it has yet to benefit significantly from its high-end AI accelerators, the company is set to ship these in Q4. Moreover, large-scale cloud service providers have been considering these accelerators as alternatives to Nvidia.
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