Sometimes, people who missed out on the astronomical multi-year returns on Tesla (NASDAQ:TSLA) stock will go on a quest to find the “next Tesla.” Could it be electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID)? Probably not, as Lucid Group’s pricing strategy is questionable and LCID stock looks like a non-starter in 2023. Lucid Group CEO Peter
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The metaverse gives many companies the opportunity to profit and explore different revenue streams. Some companies contribute with artificial intelligence, computer security, or the creative side. The creative element has many components, such as designs, ideas, plans, and other things. It is undoubtedly a joint work, where every contribution counts for the growth of this
The recent launch of a $13 million advertising campaign by Biden supporters, highlights the President’s economic achievements such as: $1.2 trillion infrastructure and climate bill, substantial investments in domestic microchip production, and green energy solutions. It carries significant implications for economic growth and in the stock market. These initiatives have been predicted to create 1.5
Fintech stocks are likely bottoming out as we speak. The technological advancement of fintech is undoubtedly a great example of all the efforts being made by the companies participating in this sector to facilitate and streamline all the financial processes we perform day after day, both payments of everything we consume or use in our
Unfortunate individuals who bought Plug Power (NASDAQ:PLUG) stock at its 2021 peak are now holding a heavy, hydrogen-filled bag. Will the rest of 2023 and the coming years be any better? Don’t count on it, as Plug Power’s ambitions are much greater than the company’s ability to turn a profit. Plug Power might seem like a
Finding undervalued stocks is one of the key strategies for successful investing. Undervalued stocks are those that trade below their intrinsic value, meaning that the market has not fully recognized their “true potential.” A company’s true potential could lie in its current profitability or future growth prospects. Investors seeking undervalued stocks need to know where
The stock market is at a crossroads. After a fantastic first half to 2023, markets have lost some steam heading into the fall. It remains to be seen whether a “soft landing” will play out, or if the economy will take a tumble going into 2024. That said, this is a time for caution. And
The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Justin Sullivan | Getty Images Check out the companies making headlines before the bell: Carnival, Royal Caribbean— The cruise lines both gained about 2% after being upgraded by Truist. The Wall Street firm moved
The global financial advisory market is expected to grow to $240 billion in 2027 at a compound annual growth rate of more than 3%. The industry growth is attributed to the rise in the number of high-net-worth individuals (HNWI) worldwide. That’s excellent news for retirement advisory stocks. According to Capgemini’s 2023 World Wealth Report, the
If you just want to trade a potential short-squeeze stock for a quick flip, Canopy Growth (NASDAQ:CGC) stock might be what you’re looking for. However, serious long-term investors should be wary of Canopy Growth as the company’s fundamentals aren’t ideal. Sure, the Canopy Growth share price might get a bump if cannabis is fully legalized
Nvidia (NASDAQ:NVDA) stock is what any logical investor would refer to as a red-hot property. The company’s share price has rocketed higher this year, as the company boasted 100%+ year-over-year revenue growth, to more than $13.5 billion. Its shares have surged approximately 230% this year, a remarkable feat in this uncertain market. Among the high-growth,
Looking for dividend stocks yielding 3% or more might seem pretty specific. Remember, though, the logic behind investing in underrated stocks is straightforward: Buy low and sell high in order to see a healthy return on your investment. Making smart investments is sometimes as easy as that. Add in dividend income and the potential returns
The airline industry has been flying high since 2022, thanks to the post-pandemic “revenge travel” trend, but after a rare period of strong operating and stock price performance, now may be the right time to consider what are the airline stocks to sell. Since July, shares in legacy and budget carrier alike have plunged, as
Shopify (NYSE:SHOP) stock has performed well so far this year. That’s not surprising. A combination of better-than-expected results in recent quarters, alongside excitement over potential AI-related catalysts, explain the nearly 75% move higher SHOP stock has made since January. However, while this stock has been a top performer year-to-date, more recently, its performance has been
The metaverse stands as the next frontier in digital evolution, effectively combining virtual and augmented reality, ushering in a 3D world that promises to revolutionize how we communicate, work and live. Metaverse stocks beckon with a siren call to investors, teeming with lucrative long-term potential. Before plunging into the vibrant market, it’s imperative to understand
With artificial intelligence (AI) soaring into the mainstream consciousness, a golden opportunity awaits investors targeting the best generative AI stocks. Here’s why you should pay attention. This isn’t just any niche sector; it’s a juggernaut. The AI market, predicted to reach a staggering valuation of $196.63 billion by the end of 2023, has projections soaring
Interest rates in the U.S. are at the highest level in more than two decades. With the Federal Open Market Committee (FOMC) due to meet on Sept. 20, there are speculations on the next course of action. ING believe that the FOMC will hold rates steady, but signal a final hike. In all probability, the
Rental home investing has increasingly become a cornerstone of major investors’ portfolios. Even as interest rates rise, investment in single-family homes rose from 12% of all real estate purchases to more than 20% in a few short months. As housing supply outpaces demand, a reversal from recent trends, rental property purchases will likely continue. Playing
As we stand at the cusp of vehicular evolution, autonomous driving stocks are turning heads for good reason. Forecasts are optimistic, predicting robust annual sales growth at an incredible 23% from now through 2028. The next half-decade promises a financial bonanza for investors with a keen eye on future trends. At the heart of this
News events, whether conveyed via social media or mainstream outlets, continually sway the stock market. Both positive and negative reports play a role in this influence. Investors must navigate these waters with caution. This has led to the rise of stocks in the news. Investors are tasked with assessing the risks and rewards of various