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
With the U.S. and the rest of the world getting soccer (well, football for the international audience) crazy, investors ought to consider intriguing Women’s World Cup 2023 stocks. As heated rivalries and a chase for history underline the quadrennial tournament, the event serves as an excellent marketing platform. And certain enterprises are better prepped to
Ahead of its then-upcoming quarterly earnings release, I discussed how there were high expectations for Meta Platforms (NASDAQ:META) to wow the market with its latest numbers and guidance, resulting in a big jump for META stock. As you likely know, these expectations were more than met. Thanks to a well-received earnings report last week, shares
It’s funny how the financial market can flip so quickly. During the past several years, many investors disliked Intel (NASDAQ:INTC) stock because the company lost market share to its chip-making rivals. Now, suddenly, some folks are ultra-bullish about INTC stock. Yet, there are reasons to maintain a healthy sense of skepticism about Intel. Intel stock doesn’t
QuantumScape (NYSE:QS) stock has once again been a profitable trade for meme speculators, to the chagrin of its skeptics. The market reacted positively to the electric vehicle battery developer’s latest earnings release, sending QS stock nearly 40% higher. As I argued when the ink had to dry on the earnings release, the report itself was
Cannabis stocks are down in 2023 due to plateauing demand, rising production costs, fierce competition and stalled legalization efforts at the federal level. Yet, with shares of many top cannabis producers and retailers down by double-digit percentages, it may be time for investors who are bullish on the sector long term to pounce on some
Walking into the latter half of 2023, we’re looking at a very different stock market than a year ago. Despite elevated interest rates and ongoing inflation, the S&P 500 is up for the fifth consecutive month. The index returned a solid 20% since January, and the breathless cries of “imminent recession” are mostly whispers now.
Palantir (NYSE:PLTR) stock is among the names that have seen impressive moves in recent weeks. In fact, shares of PLTR stock surged over 10% because a veteran Wall Street analyst initiated coverage and had some positive remarks. The market’s momentum further boosted gains. While many analysts on Wall Street have been bullish about the stock,