With electric vehicle demand only set to accelerate, the U.S. needs far more EV charging stations — great news for EV charging stocks. For one, the Biden Administration wants half of all new vehicle sales to be electric by 2030. Two, EV sales are expected to grow 35% year over year to 14 million, according
The narrative around the strength of the consumer economy is, simply put, nonsense. The reality painted by retail stocks, particularly the SPDR S&P Retail ETF (NYSEARCA:XRT), is quite different. Does this look like a chart that is in a “new bull market?” Man – that new bull market in retailers is really something. $XRT pic.twitter.com/c9baCY2Prc
In this article TGT GEHC MRCY A HRB TJX Follow your favorite stocksCREATE FREE ACCOUNT Plastic bags hang on a self checkout kiosk at a Target Corp. store in Chicago, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Target – Target shares added 4% even after
The stock market has entered a bit of a pullback over the past few weeks. That’s not too surprising, given the vigorous gains that the market enjoyed in the first half of 2023. That said, for investors in momentum stocks, there are still some appealing picks for August 2023. These three undervalued momentum stocks are
In June, I introduced five stocks that AI predicted could double a portfolio in a year. Here’s how they’ve done in the first month. Applied Digital (NASDAQ:APLD). +8.8% Fastly (NYSE:FSLY). +16% Mobileye (NASDAQ:MBLY). 12.3% FiscalNote Holdings (NYSE:NOTE) +4.4% Cloudflare (NYSE:NET). +4% On average, the stocks have risen 9.1%, an incredible 184% annualized rate of return!
The stock market has staged a remarkable rally so far in 2023. But here’s a question for you: What do this year’s biggest stock winners have in common? Most of them have been the result of a short squeeze. A short squeeze happens when investors bet against a stock, “shorting” it. Then something unexpectedly good
The hunt for the next game-changing stock is a challenging pursuit. It is essential to filter compelling fundamentals to select a few companies that may emerge as potential millionaire-makers. This has led to the rise of millionaire-maker stocks to buy. The article lists three robust stocks and explores these companies’ unique strengths, decisive strategies, and
If you are a public equities investor betting on the digital economy, semiconductor stocks would have to be in your portfolio. Semiconductors are tiny electronic devices powering everything from our smartphones and personal computers to cars and commercial airplanes. If you take any run-of-the-mill semiconductor exchange-traded fund (ETF), say, the iShares Semiconductor ETF (NASDAQ:SOXX), many
Cloud computing undergirds, in one way or another, everyone’s digital life. Whether you are accessing a piece of content on a video streaming platform or uploading documents for work, you are interacting with a network of cloud servers. Being able to store data on a server somewhere else rather than leveraging on-premise infrastructure has tremendously
I’ll start by noting that I’m by no means a critic of the cryptocurrency market in general – although some cryptos I believe investors should sell. The promise of decentralizing authority connected to finance and money is as appealing to me as it’s ever been. The more one learns about traditional finance the more apparent
In this photo illustration, a Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines before the bell Target – Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year forecast and posted
As the stock market is showing an unexpected pattern, investors are on the hunt for hidden-gem stocks that hold the potential to break free from the pack and deliver substantial gains. Amidst the noise of popular market giants, a select group of under-the-radar companies is quietly positioning themselves for exceptional growth in the coming years.
The telecommunications industry is key to powering our digital lives. Providing consumers and businesses with not only basic access to the internet but also data servers and cloud networks. Communications companies have helped build the infrastructure of the modern world. Similarly, they will also be integral in enabling the next digital and technology breakthroughs. In
Financial Technology (fintech) stocks have come to revolutionize the financial industry. With all their improvements, technology and sophisticated yet simple processes, they undoubtedly offer all consumers friendly, efficient, fast and completely effective tools to carry out all our banking needs. However, the companies did not come to displace traditional banking. Instead, they complemented those financial
Adam Aron, the CEO of global movie-theater chain AMC Entertainment (NYSE:AMC), cited the new Barbie movie in the company’s latest quarterly earnings report. I suppose we should have expected Aron to be enthused about Barbie‘s success. But will it be enough to bring AMC stock back to its former glory? Not likely. AMC Entertainment’s second-quarter results weren’t
Before jumping into which auto stocks investors should consider buying let’s look at the numbers surrounding affordability. The numbers are pretty shocking, frankly. In June the average price paid for a new car was $48,808. The positive news is that the average price fell since the beginning of the year. The bad news is that
What would it take for electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) to get back in the driver’s seat on Wall Street? A better-than-expected earnings report should do the trick. Yet, RIVN stock actually fell even though Rivian Automotive’s quarterly results were pretty good — but that’s why there’s a potential buying opportunity in the
Many experts suggest the Federal Reserve will initiate rate cuts soon, making the stocks of rate-sensitive firms attractive. While terminal rate uncertainty remains, we are likely encroaching on the end of the rate hiking road. The recent U.S. inflation report indicated lower-than-expected inflation, with core inflation and employment aligning with expectations. While a 25 basis-point
While energy stocks have suffered amid the Federal Reserve’s efforts to contain inflation, the segment has witnessed a resurgence. According to a CNN report earlier this month, oil prices have jumped double-digit percentage points, helping to carry the broader sector northward. Some of the upswing could center on a recognition of core fundamentals. At the
Warning: while this discussion obviously centers on penny stocks to buy, this subsegment of the market carries astounding risks. While it’s difficult to verify, one source has the failure rate of these speculative, low-market capitalization entities as over 90%. As I said, it’s tough to confirm this assertion. However, it’s probably not far from the