In the dynamic realm of modern medicine, biotech stocks have effectively emerged at the forefront of a transformation. These innovative players are steering us towards a new era of medical marvels with precision and personalization. However, the path to revolutionizing healthcare is not without its challenges. Many of the top firms possess invaluable intellectual property
Stocks to buy
The U.S. economy exhibited greater-than-expected strength in Q3, with GDP rising at an annualized rate of 5.2% from July through September. The performance highlighted its remarkable resilience amid heightened inflation and elevated borrowing costs earlier this year. Of course, this figure is also adjusted for inflation and seasonal fluctuations. The robust economic growth is beneficial
Without a doubt, the best time to buy stocks in a sector is when sentiments are significantly bearish. Or as the saying goes: “buy when there is fear in the streets and sell when there is greed.” This perfectly applies to the cannabis sector today. In fact, some of the best cannabis stocks have plunged
With demand for automation expected to continue growing rapidly, it’s easy to see why investors continue to be intrigued by robotics stocks. Businesses of all sizes are expected to continue to invest in automation to automate tasks and reduce costs. Increasing labor costs are driving increased demand for automation overall. Firms are increasingly looking to
Streaming has grown exponentially during the COVID-19 pandemic. The consequential shift in consumer behavior made traditional media companies rethink strategy. They realize that linear TV may no longer be the way to attract consumers and generate ad revenue. However, changes have occurred since the pandemic. In fact, streaming numbers aren’t as high as they once
Three underappreciated stocks shine brightly in a bustling market where big-ticket stocks often hog the limelight. Each is valued under $15 but holds immense potential for exponential growth. While their prices may seem modest, these stocks boast compelling narratives of strategic prowess and remarkable financial trajectories. It is signaling an untapped opportunity for investors seeking
In 2023 it’s safe to say that the biggest investing trends were artificial intelligence (AI) stocks and the “Magnificent Seven.” You could probably retire if you bet on all seven tech stocks in the past year. But now it’s time to look ahead to what the top investing trends in 2024 will be. There’s no
Artificial intelligence (AI) is disrupting and enabling innovation across industries. So far, AI research organizations like OpenAI and Anthropic are leading the charge and seeing revenue explosion. Today, companies are integrating AI into applications such as email, shopping carts, and customer service. Indeed, over the next decade, this technology is set to become ubiquitous. Due
Over the past couple of years, we saw an unprecedented boom in consumer spending. With the government stimulus payments and programs such as the freeze on student loan payments, consumers were flush with cash to spend. But these trends have now reversed. Stimulus programs long ago ran out, debt repayments have started up again and
Tech stocks have been on a tear in 2023, as the Nasdaq Composite Index has surged more than 36% year-to-date, outperforming the broader market. While stocks endured a steep sell-off between August and October, these days, the tech sector has started to benefit from favorable macroeconomic news, which has indicated the Federal Reserve’s fight against
Li Auto (NYSE:LI) is one of the leading manufacturers of new energy vehicles (NEVs) in China. It delivered a record 40,422 NEVs in October, quadruple the number it did last year. It is also the first time it delivered over 40,000 vehicles in one month. NEVs, of course, are what everyone else refers to as electric vehicles (EVs).
Short squeezes, which are characterized by sudden and substantial surges in asset prices, have become prominent and debated phenomena on Wall Street in recent years. A short squeeze occurs when a high number of traders who shorted a given instrument are compelled to close their positions, ultimately pushing the asset’s price higher. One should look
Voice recognition tech has existed for decades, but it’s finally getting its moment in the sun. As we increasingly move towards mobile optimization, users want tools that help on the go without having to stare down at a screen. Conversely, enterprises and unique users need complex, AI-enabled voice recognition to streamline internal and external workflows
Look around a little and you can find stocks that have gained a lot this year. The Magnificent Seven tech stocks are getting all the media attention, but they are not the only securities that have posted impressive gains. The narrative that the current stock market rally is concentrated in only a handful of mega-cap
Despite critics suggesting Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) lags in generative AI and could be due for a pullback if the market turns sour, investors in GOOG stock need not fret. Alphabet is aggressively advancing in gen-AI with global product innovations. Given the persistent rise of generative AI, adding Alphabet shares to your portfolio today could be
One of the keys to successful investing and wealth creation is portfolio diversification. As an example, it’s unlikely that an investor will make millions from the market by just holding blue-chip stocks. There needs to be some high-beta growth stocks in the portfolio. Similarly, exposure to global growth stocks is essential for wealth creation. The
Amazon (NASDAQ:AMZN) stock recently hit new 52-week highs. A variety of factors drive this rally, but the skeptics are warning off new investors and exhorting existing investors to sell into strength. Some leaning more towards optimism when it comes to this stock are arguing for convoluted ways to minimize downside risk. For instance, in a
If you’re like millions of other retail investors, you’ve got whiplash from the past few months. Markets fluctuated as traders assessed economic news, consumer sentiment and stock prices. While that’s brought many undervalued stocks back to where they arguably belong, just as many losers are spiking back into overvalued territory. If you want to capture
Rapper Snoop Dogg announced on Nov. 17 that he was giving up smoking cannabis. Cannabis stocks fell on the news. “After much consideration & conversation with my family, I’ve decided to give up smoke. Please respect my privacy at this time,” Newsweek reported Snoop Dogg’s comments from X and Instagram. As anyone who’s followed cannabis
After many, if not most, growth stocks tumbled over the last two and a half years, I can certainly understand why investors would want to include many safe stocks in their portfolios. Further, a majority of the Magnificent Seven stocks are quite high at this point, so buying and holding them entails significant amounts of