With oil prices and gas pump costs increasing, electric vehicle (EV) ownership looks increasingly attractive to individuals and governments. As governments globally push for EVs, the sector is in early growth stages, boosted by incentives and infrastructure development. Additionally, amidst growing global EV demand, top EV stocks are gaining traction. Yet, a slowdown is evident from
August is a tough month for tech investors, particularly as many expected July’s climbing prices to continue. But the past few months may have been a bull trap, as stocks are falling back in a massive correction, shaking investors. The S&P 500 already fell 5% this month, with the prospect of more pain to come.
In the vibrant realm of media stocks, the quest for undervalued entertainment stocks has never been more enticing. The entertainment industry has showcased remarkable resilience post-pandemic, promising a rosy growth phase for the sector. After the pandemic’s peak, entertainment powerhouses efficiently slashed COVID protocols, providing a much-needed respite to investors. This maneuvering has enabled the
The market is always presenting opportunities for investors. While the magnitude of the opportunity can only be assessed in hindsight, sometimes bargains are too obvious to pass up. Let’s take a look at some undervalued stocks in the bargain bin. Typically, market commentators focus on the recent great performers and ignore vast swathes of the
Celebration at the Nasdaq during the Datadog IPO, September 19, 2019. Source: Nasdaq Selecting the right stocks against a backdrop of mixed economic data and earnings can be challenging for investors. One strategy is to track the investment ideas of Wall Street pros and glean valuable insights into making successful stock decisions. To that end,
Investors could be undergoing a flight to safety to dividend stocks. The reasoning is simple. If the S&P 500 isn’t making a temporary pullback, we could see more defensive shares being scooped up by former growth investors. So far, this seems likely. Despite the broad indexes losing value, there is still hope for some shares
Strategic decisions in tech investments can yield remarkable gains. As investors, we should know this firsthand. The Nasdaq-100, up by over 30% since January, maintains its lead in this year’s market rally. Indeed, second-quarter results from major tech companies have boosted the index and analysts’ outlook on tech stocks. The growth sector is booming, spanning
It seems that over the past few weeks, the internet has lost its mind about a mysterious new substance called LK-99. And if this substance is legitimate, it could forever change the world – more so than the computer, even fire or the wheel. Now, unfortunately, after conducting some extensive research, it seems to us
No matter where you stand on the political spectrum, the looming trials of former President Donald Trump are historic and unprecedented. The indictments alone inflamed the passions of supporters and detractors. The courtroom dramas will surely beat any of the most-watched spectacles in media history. It’s also bound to be a boon for media stocks
If Li Auto (NASDAQ:LI) stock suffers from geography. If it were an American car company, it would be worth $150 billion. Imagine. Sales tripled year-on-year in the second quarter. Profits grew even faster. The company delivered 32,575 vehicles in June alone. Tesla (NASDAQ:TSLA) China had 74,212. But Li Auto is a Chinese company. Thus, its
In analysis from July 2022, Michael Gapen, the chief United States economist at Bank of America (NYSE:BAC), stated that he is expecting a mild recession this year. However, the unemployment rate in July fell by .2% to 3.5% and consumers continued to spend, which was not what analysts were expecting. It is likely that consumers
ChatGPT has exploded onto the scene, making large language models and chatbots a household topic. Its influence has contributed to a recent boom in AI stocks, but investors cannot directly invest in ChatGPT. Its owner, OpenAI, is wholly private and has no plans to go public. But ChatGPT-like stocks are available to buy, making up
Travel is experiencing a resurgence following the Covid 19 crisis, providing a beacon of hope for those who desire to travel and astute investors alike. Many travel stocks, previously bruised and battered, are now recovering early, making them look like undervalued gems. The travel demand isn’t packing its bags anytime soon, and investors are seizing
Navigating the stock market is a journey mixed with analysis, timing, and good fortune. But for those looking at wealth accumulation, there’s always the burning question: which are the stocks to buy to get rich? The investing landscape is riddled with tales of rags-to-riches, with carefully selected shares turning modest sums into vast fortunes. The
As defense spending being a sizable portion of the federal budget is the reason many investors love defense stocks. In 2024, the country will spend approximately $842 billion on our national defense. That’s a 3.4% increase from the amount it will spend in 2023. Companies that serve as contractors for the defense industry generally deliver
There’s no better way of following the “buy low, sell high” mantra than looking for stocks to buy under $10. Traders like these kinds of companies because they offer quick profits. Investors, meanwhile, find these stocks attractive due to their low valuations and high potential returns should the prices rise above their current levels. Those
Not every dividend stock is a slam-dunk choice. And not every great dividend stock comes to mind when you start looking for yield because top-rated dividend stocks sometimes hide in out-of-the-way places. If you’ve followed my portfolio for a while, you know the major names that typically make up the lists of top dividend stocks.
As time goes on, scientists continue to look for the most efficient ways to generate energy without the need to harm our ecosystem. The work they are doing is incredible and they are leveraging impressive technology. Here are three undervalued renewable energy stocks to take a look at and consider having in your portfolio. NextEra
AI’s market is a vast growth prospect, set to exceed $1 trillion in AI software and system spending. However, investing wisely is crucial for long-term gains. This has led to the rise of AI stocks to buy. With eased inflation, strong growth, and AI excitement, investor sentiment improves. S&P 500 nears record high, signaling potential
If any company is a darling on Wall Street in 2023, it’s definitely Nvidia (NASDAQ:NVDA). Analysts scrambled to lift their ratings and price targets on NVDA stock after its spectacular rally this year. Now, a call for clear-minded thinking is needed as a major near-term event could shut the party down. There’s no disputing that Nvidia