Today, I have potentially good news and bad news concerning SoFi Technologies (NASDAQ:SOFI). SOFI stock investors can certainly celebrate the U.S. government’s passage of the debt ceiling deal. On the other hand, an upcoming decision from the Federal Reserve might be problematic for SoFi Technologies and its stakeholders. Don’t get the wrong idea here. Overall,
While uncertainty looms large, long-term investors have an opportunity within some high-growth sectors in the stock market. The headlines are dominated by the impact of inflation and interest rates, which will likely cause some volatility in the near term. But zooming out further, there are plenty of opportunities for growth. In some cases, outsized growth.
I have discussed hidden-gem stocks multiple times in the last few quarters. However, my discussion has largely focused on underrated growth stocks listed on the NYSE or NASDAQ exchange. I was screening through the OTC exchange, and there is a surprisingly big list of growth stocks for multibagger returns. I, therefore, decided to focus exclusively on OTC-listed
Artificial intelligence (AI) stocks are on a tear after Nvidia (NASDAQ:NVDA) delivered a blow-out earnings report. This created a halo effect for any stock that even had a tangential relationship to AI. While AI may not be a bubble in the classic sense of the word, investors have to be careful to focus on the best
Investing in low-priced securities offers a potential goldmine. But it’s not for everyone. It suits those ready to brave the market’s wild swings. The companies in this article bring you three unique opportunities. These are penny stocks under $1, and each is ripe with investment potential. Their innovation spans electric vehicles and ethical cannabis products.
Movie theaters have had it tough over the past three years, without the ongoing writers’ strike in Hollywood putting its revenue engine in doubt. CNN Business reported Moody’s comments in early May, “New big-budget tent-pole releases tend to fill theaters. Theaters rely on these volumes for food and beverage sales as well, so exhibitors could feel
I am bullish on gold, and I believe that the precious metal Is likely to hit $2,500 an ounce in the next 12 months. In line with this view, it’s a good time to look at some of the best gold stocks to buy. If the precious metal surges, some of the promising gold stocks
The tremors of an unsettling banking crisis continue to shake the U.S. market landscape, putting investors on high alert. The unnerving drop in bank stocks has unsettled Wall Street, suggesting that it may be time to contemplate bank stocks to sell. Fears of substantial unrealized losses and ominous warnings over the banking outlook by experts paint
Penny stocks have always attracted investors as a diversified portfolio can be created even with limited funds. Furthermore, penny stocks can deliver multi-bagger returns at a blink of an eye during a market euphoria. With the markets facing macroeconomic headwinds, my focus has been on fundamentally strong penny stocks. This column looks at some of
Investing this year completely reversed the carnage witnessed one year ago. Where the S&P 500 cratered 33% in 2022, it’s up 26% over the first five months of the current year. Buying reliable dividend stocks is one of the best ways investors can protect themselves from stock market volatility. They tend to be businesses that have gone
Defensive stocks, such as utilities, healthcare, and consumer staples, are known for their resilience during economic downturns. These sectors have consistently outperformed the market in 2022 as consumers tend to maintain their spending on these essential products regardless of economic conditions. In times of economic hardship, defensive stocks are favored by investors for their resilience.
Navigating the turbulent waters in the biotech space is no mean feat. With the sector’s inherent volatility due to testing clinical trials and regulatory hurdles, the road toward market approval can be incredibly challenging. However, for the savvy investor, promising biotech stocks to buy can translate into significant returns. According to Grand View Research, the
Blue-chip stocks are usually sturdy and reliable — But not always. Some well-run companies that are sector leaders fall behind. Whether it’s due to macroeconomic conditions, market forces or losing their competitive edge. Even stocks of companies that were once sure bets can turn on investors and fall into the red. While frustrating, the best
In this article PETR’-BR GME NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix gift cards are seen in a shop in Krakow, Poland on June 13, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle maker added more than 3%
There’s no denying that Amazon (NASDAQ:AMZN) stock has been a year-to-date winner. However, some value-focused investors might worry whether the stock will run out of steam. That concern should be quelled today as we investigate Amazon’s current and potential ventures, which definitely aren’t limited to e-commerce. Don’t get the wrong idea. Amazon still generates strong
Between a high sticker price and strict purchase rules, it can be near-impossible to join the Ferrari (NYSE:RACE) owners club. However, even if you cannot own a Ferrari, you can still come along for the ride, through ownership of RACE stock. In fact, investors in this iconic Italian sports car brand have had quite the ride
It pays to invest in stocks with billionaire-backing. How’s that, you ask? At the end of May, CNN Business reported that the U.S. Treasury had just $38.8 billion in cash, less than the net worth of the top 31 billionaires in the Bloomberg Billionaires Index. Billionaire-backed stocks to buy have always been popular with investors.
This month, QuantumScape (NYSE:QS) shares have modestly climbed in price. Is this due to any news directly related to QS stock? No. The electric vehicle battery startup has not made any big announcements in well over a month. As you may recall, QS last reported earnings on April 26, and released an up-to-date investor presentation
AMC Entertainment (NYSE:AMC) stock has experienced mixed news of late. On the downside, a reputable investment fund has reportedly sold its entire stake in the company. However, on the positive side, an analyst predicts potential growth for AMC based on anticipated box-office revenues. AMC Entertainment has gained attention from meme-stock traders and enthusiasts, known as
Penny stocks can be rewarding. Look at Acadia Pharmaceuticals (NASDAQ:ACAD), for example. In 2012, it was working on a treatment for Parkinson’s Disease Psychosis and traded for less than $1. By 2015, it was up to $43 a share, a 4,200% return. Apple (NASDAQ:AAPL), Ford Motor (NYSE:F), Advanced Micro Devices (NASDAQ:AMD) and even Novavax (NASDAQ:NVAX) were