The future of the United States economy appears surprisingly resilient, as evidenced by positive trends in labor force participation, inflation and wages. Despite earlier concerns of long-term scars, the nation has shown remarkable recovery, challenging prevailing pessimism. While challenges persist, the overall state of the economy and society seems more favorable than anticipated. Because of
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A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year
We’ve all seen the headlines – “Reddit traders squeeze hedge funds!” “Meme stocks defy gravity!” For a while there, it seemed like anyone could throw cash into a random ticker and watch it skyrocket. Of course, meme stock prices still do spike from time to time. However, I see any sort of capital inflow into
The race for urban air mobility is getting intense, with flying taxi companies vying for superiority. Archer Aviation (NYSE:ACHR) is one of the leading contenders because its electric vertical takeoff and landing (eVTOL) aircraft offers a competitive advantage over its rivals. The global eVTOL market is growing at an expected compound annual rate of over
While the idea of plant-based food may not seem appetizing, its potential profits could be. In fact, by 2027, according to Research and Markets, the global plant-based food market could grow to about $75 billion by 2028 from $41.06 billion in 2022. All thanks to growing interest in veganism, healthy living, and environmental issues, which could be
Companies with high trading volume may not always be a great investment option. Many stocks to avoid are not the best picks for investors looking for long-term gains. Investors looking for robust companies with positive trajectories should consider more than just their popularity. Several stocks without a large trading volume amount offer investors great opportunities.
QuantumScape (NYSE:QS) has been teasing investors with the promise of solid-state batteries for years. The San Jose company said it was close to production last year. Then CEO Jagdeep Singh said improvements would be needed first. That message brought investors to QuantumScape from its founding in 2010. At one point, it was worth more than
The space stock sector remains speculative but also highly interesting. Traditionally, space companies highly align with and are funded by the government. However, that is changing. These days, titans of the industry, including Elon Musk and Jeff Bezos, continue to funnel billions of dollars into the sector. The commercial space industry was valued at $546
As the year 2024 begins, the investment environment is brimming with potential, notably in the field of autonomous driving. Among them, a handful stand out as the most exciting and hottest autonomous driving stocks, catching the attention of astute investors. This industry, which was previously a faraway dream, is now on its way to becoming
What to do with $100,000? Where to invest that kind of money? These stocks to buy for 2024 include technology stocks, which continue to be a safe bet for growth-oriented investors. Of course, tech stocks are coming off their best year since the heady days of the internet bubble in 1999, with the Nasdaq index
Published in 1996, The Millionaire Next Door remains an insightful book that offers a glimpse into the lives of people with net worth exceeding $1 million. They didn’t drive fancy cars or live in big homes. Further, they had modest lifestyles, saved money, and frequently invested their extra cash. In fact, many of these individuals
The Nasdaq 100 had a banner year. After a disastrous 2022 that saw the tech-laden index lose one-third of its value, it rebounded sharply in 2023 soaring 55% to hit a new all-time high. Of course, most of those gains were because of the performance of the Magnificent 7 stocks. Since the index is market
Amazon’s (NASDAQ:AMZN) stock price has been on an absolute tear this past year. Up 80% in 2023, AMZN stock appears to have overcome various short-term headwinds, with investors again focused on growth. Despite still trading more than 20% below its peak, AMZN stock may still be relatively cheap at 2.5 times next year’s sales. If the
The Street’s worries about PayPal (NASDAQ:PYPL) stock are way overdone. Eventually, these concerns, pushing the shares down 80% from their August 2021 high of $289, will become much less intense, enabling PYPL stock to soar far above its current levels. Specifically, investors’ trepidation about PayPal’s falling profit margins and its competition from Apple (NASDAQ:AAPL) will eventually be unfounded. As a result,
2023 was a busy year for utilities stocks, with both positive and negative developments. On the positive side, the sector deployed record volumes of renewable energy and enhanced grid reliability. However, issues arose. One was the catastrophic Lahaina fire in Hawaii, which led stakeholders to question safety practices at the local utility, Hawaiian Electric. Ultimately,
Palantir Technologies (NYSE:PLTR) stock has tread water in recent weeks. Following a successful earnings release, PLTR stock surged and then pulled back. There is one factor that could lead to some volatility, otherwise expect this popular AI play to continue delivering a sideways performance, staying not too far from the $17.50 per share price target.
Fundstrat analyst Tom Lee, who correctly called last year’s rally of the S&P 500 in the face of tremendous pessimism about U.S. equities, recently advised investors to overweight certain financial stocks. Specifically, Lee said on The Julia LaRoche Show that with interest rates are likely to fall meaningfully this year, and the most obvious beneficiaries
Shares in “Magnificent Seven” component Apple (NASDAQ:AAPL) stock surged by nearly 54% during 2023. However, a growing number of stockholders have made an exit. After hitting a new all-time high in mid-December, AAPL pulled back slightly. The market has been using various developments and discussion about the company as an excuse to take profits. This
Not every investor wants to actively monitor the markets and find hidden gems. It can be easier to invest stocks to buy and hold from companies that have vast enterprises, lower risk and plenty of growth potential. Buying stocks with the intent of holding onto them forever means ignoring the short-term noise and focusing on
You deserve to start off 2024 with fresh, high-confidence stock picks. Unfortunately, Lucid Group (NASDAQ:LCID) stock has multiple problems and the bull case for just doesn’t hold up. The EV market is fiercely competitive, with significant changes from 2020 and 2021, when investors were more speculative and forgiving of consistently unprofitable companies. Given recent interest-rate hikes, investors are now more