It’s amazing, the way financial traders can dislike a stock for a while but then change their minds in a matter of weeks or even days. This seems to be the case with electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN), as RIVN stock is quickly becoming a darling of the market. We’re still assigning a grade
According to delivery data, China-based electric vehicle manufacturer Nio (NYSE:NIO) isn’t firing on all cylinders. Yet, there’s a reason to watch NIO stock, even if you’re not prepared to go all-in on the shares. As a famous automaker opts to “play ball” with China’s government, Nio can now be more competitive and successful. I’ll admit, I’ve
Artificial intelligence predicts that Palantir Technologies (NYSE:PLTR) stock will move higher. Plus, a well-known fund manager likes Palantir Technologies’ future prospects. However, you have to make your own financial decisions If you’re a value-focused investor, then you’ll probably want to wait before taking a share position in Palantir Technologies. Headquartered in Colorado, Palantir Technologies is provides
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Investing in semiconductor stocks is an ideal way to take advantage of the backbone of the computer industry. These companies make and design the chips that make significant contributions to the global economy. While these companies suffered more than they deserved in 2022, this year seems to be much better. The recent advances have well-positioned
In the colorful stock market landscape, doomed tech stocks are an ominous yet unavoidable presence. Tech stocks have effectively managed to swim against the current, showcasing an uptick, despite forewarnings of a couple of interest rate hikes in 2023. Investors, eager for signs of recovery, toasted the revival of the tech bull market. However, the
There are several reasons that investors should be cautious about buying or holding biotech stocks at this point. First, the Street is generally bearish on the sector lately. In July, Barron provided evidence of that trend when it reported that the shares of a number of biotech stocks had fallen in the preceding week immediately after
If you’re interested in joining the millionaire’s club, investing in semiconductor stocks presents a sensible approach. Fundamentally, these chipmakers represent the lifeblood of digital innovation. Whether we’re talking about connectivity, video games, or artificial intelligence, the tech ecosystem runs on advanced computer chips. To put it into numbers, McKinsey & Company noted that sales of
Everyone knows that AI stocks have been the big momentum trade in the first half of 2023. The question is, can it remain the momentum trade in the second half of the year? Bulls are hopeful that that remains the case, as stocks like Nvidia (NASDAQ:NVDA) have helped power the entire space higher. It lit
During the worst of the Covid-19 crisis, white-collar workers had little reason to fundamentally bid up high-potential coffee stocks: they could brew their own cup of Joe at home. However, with workplace normalization steadily becoming a reality, the return of the daily grind could make America’s favorite psychoactive stimulant relevant again. Indeed, the label best
Fintech stocks have been trending higher. All as investors become confident that with cooling inflation, the Federal Reserve will soon pause, then begin to pivot on interest rate hikes. This comes despite the fact that the Fed, so far, appears to be prepared to keep raising rates, until the rate of inflation comes down to
In the grand theater of the stock market, bargain stocks have often played a leading role in captivating discerning investors. Those who understand the essence of buying robust businesses at bargain prices can attest to this strategy’s exponential wealth creation opportunity. The best companies may take a hit during recessions, yet investors with an eye
The electric vehicle industry is booming, creating trillions of dollars of value. However, among some of the top electric vehicle stocks to consider, there are a few bad apples, or what we’ll refer to as doomed EV stocks. Further, the lending landscape has changed over the past year and a half. The excessively low lending rate
The tech sector has been the best-performing sector in 2023. And I hope that your portfolio includes one or more of the “Magnificent 7” stocks that have posted most of the gains. This sector also includes artificial intelligence (AI) stocks, many outpacing the broader market. However, a quick look at analyst sentiment suggests there are
Much like baseball, the investing game yields success through mitigated failure, which brings us to the topic of doomed stocks to avoid. No matter who you are, you will never achieve a perfect lifetime record in the capital market. It’s absolutely inevitable that you will get things wrong. It’s how we manage the next step
Many people view hydrogen as the power source of the future because it emits no greenhouse gases when burned. The only waste produced is water vapor, making it among the cleanest energy sources available. So, it’s much cleaner than fossil fuels such as crude oil, natural gas, and coal. Companies around the world are working
Investing in electric vehicle (EV) start-ups has always carried above-average risk. That’s because no matter what fuel powers the car, making automobiles is a capital-intensive business. However, that didn’t stop many investors from pumping money into these start-ups in 2020 and 2021. But the air came out of that bubble as investors realized it could
Whenever a sector has multi-year tailwinds, there are several new entrants. With the fear of missing out, investors take a plunge in several stocks in the sector and a euphoric rally ensues. However, what follows is a period of correction and consolidation. It also becomes increasingly clear that there will be leaders and laggards in
A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday. Domino’s Pizza — The stock popped nearly 11% after Domino’s announced U.S. consumers can now order its products through Uber’s Uber Eats and
EV stocks represent to companies involved in the manufacturing of electric vehicles or their components, like batteries and autonomous systems. While major car manufacturers like Ford (NYSE:F) and General Motors (NYSE:GM) are developing electric models, I do not consider them electric car companies, as their primary products are not electric vehicles. The most promising EV