I’ll be completely frank — there’s no way to argue that Meta Platforms (NASDAQ:META) stock is a bargain. However, it can easily continue to move higher this year, due to Meta Platforms’ advancements in artificial intelligence (AI) as well as the company’s popular social media apps. There’s an old saying: Keep your friends close and your
You may have noticed. The 2023 stock market rally has been very unbalanced. The so-called Magnificent 7 mega-cap tech stocks – Meta (META), Amazon (AMZN), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Tesla (TSLA), and Nvidia (NVDA) – are up nearly 60% so far this year. The other 493 stocks in the S&P 500 are up
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. The dot-com bubble made the early 2000s a terrible time to invest. Shares of the best-regarded tech stocks were trading at enormous premiums, reducing their potential future returns. Even today, Cisco Systems (NASDAQ:CSCO) and
When it comes to selecting the best dividend stocks, an approach worth exploring is focusing on undervalued high-yield stocks. It’s easy to conflate a high dividend yield with a low valuation, but this is often not true. In fact, numerous high-yielding dividend stocks are arguably overvalued, as investors price them based on the size of their
While the stock market has performed well this year, the gains have not been spread broadly. Many well-known companies and underperforming blue-chip stocks have trailed the market’s performance and disappointed investors. Poor-performing blue chips reached their current predicaments due to several factors, such as declining sales, weak earnings, sour sentiment, and rising competition. Whatever the
Nio (NYSE:NIO), a prominent player in the electric vehicle industry, has been a rollercoaster of a stock. The company’s shares have seen a considerable drop since their 2021 peak. Is now the time to start betting on a reversal in trend? First, let’s talk company dynamics. NIO stock has been affected by China’s slow economic
Discerning investors are locking their radars onto the top renewable energy stocks in navigating the rapidly transforming energy landscape. These stocks aren’t just bright spots on the horizon; they represent critical pillars underpinning the global shift towards clean, sustainable power. The International Energy Agency forecasts a surge in electricity demand, set to rev up this year, propelled
The rally in certain growth stocks is likely starting to reach a plateau, especially with indices starting to rebalance. This is a prime opportunity to invest in under-the-radar growth stocks before Wall Street shifts its focus from AI to other growth opportunities. As I’ve said multiple times in my previous articles, buying depressed growth stocks is the
Analyst ratings are a key factor that can influence an investor’s decision to take a position in a stock. Analysts work for financial firms or investment banks. They analyze companies and offer a rating that helps investors differentiate between stocks that are likely to outperform and overhyped stocks. Because of their relationships with company insiders,
In this article DPZ AMC TSLA Follow your favorite stocksCREATE FREE ACCOUNT An AMC Theatre on March 29, 2023 in New York City. AMC Entertainment shares jumped as much as 13%, following a report that Amazon was looking to buy the theater chain. Leonardo Munoz | Corbis News | Getty Images Check out the companies
No pain, no gain. Seasoned investors know that even the best growth stocks experience both extremes at one point or another. Over the past few years, investors have witnessed a reversal of fortunes and back again in the stock market. A 14-year long bull market that began after the financial crisis of 2008 to 2009
The year started on a cautious note for equities. However, the S&P 500 index has gained momentum as macroeconomic worries wane. Several sectors have made a strong comeback in the first two quarters. Among these, the technology sector is worth mentioning. Blue-chip tech stocks have surged higher as investors focus on areas of machine learning, AI,
Snapping up low-cost stocks in this environment can be one of the best ways to amplify your portfolio when the broader market bounces back. The downturn investors saw over the last two years has caused the stock prices of many well-established companies to plunge to historically low prices, due to short-term concerns about their profitability
The stock market continues to rip higher. And this year, the gains are primarily concentrated in technology stocks, specifically companies that are involved in artificial intelligence. Year to date, the benchmark S&P 500 index is up 20%, while the tech-laden Nasdaq has gained nearly 40%. In fact, only seven tech stocks have accounted for most of
The energy sector is going through a dramatic shift, which has roiled stocks throughout the industry. The global focus on reducing carbon emissions has catalyzed a general shift away from fossil fuels and toward cleaner energy generation. However, that shift will be gradual, and will take time to fully materialize. Accordingly, in the meantime, investors
With global auto sales at 79.4 million units last year, auto stocks are essential to any portfolio consideration. But a changing dynamic broadens the investing landscape beyond just the traditional Detroit automakers. Emerging markets such as India, the Middle East, Southeast Asia and Africa are seeing growing strength in the global auto market. Those areas
Based on Qualcomm’s (NASDAQ:QCOM) recent price performance, it is clear that growing optimism is helping to counter more negative aspects to the QCOM stock story. The mobile chip maker’s possible generative artificial intelligence catalysts excites some investors. As I discussed previously, Qualcomm’s management has been touting how it is well-positioned to benefit from a likely
In the dynamic investment landscape, the spotlight often falls on the hottest sectors, attracting a swarm of investors. Yet savvy traders understand the attractiveness of value stocks which offer tremendous upside potential. With potential policy changes from the Federal Reserve on the horizon, these solid value stocks may provide a safer harbor, especially if higher
Artificial intelligence is one of our most disruptive and transformative technologies. The creation of intelligent chatbots, such as OpenAI’s ChatGPT, has given market watchers and ordinary people a glimpse at the capabilities of this novel technology. According to Grand View Research, the global AI market size reached $136.55 billion in 2022, and it is expected
The economy of the United States is primarily driven by consumption expenditure. A key part of consumption spending is retail sales. With inflation playing spoilsport along with relatively sluggish GDP growth, retail sales have been impacted. After accounting for inflation, retail sales are likely to decline by 0.1% for the year. Given the challenging outlook