The crypto market will likely plateau in the short term due to broader market trends. Snapping up some undiscovered cryptos during this correction is wise. With the Nasdaq rebalancing and many tech stocks reaching their full potential, this slowdown could also spill over into the crypto market. Thus, buying opportunities present themselves. Naturally, I recommend
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Traders have made artificial intelligence (AI) 2023’s hottest investing theme and with good reason. It’s truly remarkable how quickly generative AI solutions have developed in chatbot and image generation fields. However, this technology has created a lot of overvalued AI stocks. Reportedly, there were approximately 2,000 companies involved in the U.S. car industry in its
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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
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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
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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
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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
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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,
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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
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