Last week, Bitcoin’s (BTC-USD) meteoric rise to new all-time highs shifted attention to crypto miner stocks as cryptocurrency inflows rose. Holding crypto miner stocks is seen as another way to profit from a potential ongoing rise in Bitcoin prices. A simple approach is to invest in crypto-related stocks that will likely report higher profits as
Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors. Most recently Icahn won seats on JetBlue Airways (NASDAQ:JBLU) board just days after
AI utilizes powerful computers scanning vast amounts of data to draw conclusions or answer human’s questions efficiently. Consequently, data storage companies will benefit tremendously from the proliferation of AI. Data Center Dynamics recently said, “However intangible the cloud might sound, it still needs physical hard drives to store the data for which AI is ravenous….
Why do you want to consider biotech stocks? Simply, the narrative comes down to numbers and a possible rotation. First, the hard data supports bullishness in biotech stocks. According to Grand View Research, the underlying global industry reached a valuation of $1.55 trillion last year. Moving forward, experts project that the sector will expand at
While it’s difficult to say with confidence who will win out in the elections later this year, investors of cannabis stocks may have something to look forward to. Basically, the attention should turn not to a possible red or blue wave but rather a green one. Fundamentally, President Joe Biden has a popularity problem: his
Listen, if you haven’t gotten the memo, penny stocks are incredibly dangerous. Yes, they’re cheap – in this case, extremely cheap. For the uninitiated, you might believe that shares can’t get any lower. Wrong! They can go down to zero. And before that happens, they can trade in fractions of a penny. At the same
On Wall Street, you need any edge you can get, especially when it comes to deciphering which stocks to sell (and when). Some may turn to advanced solutions such as high-frequency trading algorithms. Others turn to oddball ideas, such as deciphering magazine covers. It’s not as irrational as it may initially sound. For example, sports
While many are thinking about whether electric vehicle euphoria is dead, EV makers across the globe are ramping up production. The future is EVs; whether you get in on the ride or not, they will rule the road. When we talk about EV stocks, the first company that comes to mind is Tesla (NASDAQ:TSLA), but over
Welcome to the future! By unleashing the power of AI in finance, you could completely transform your wealth journey. How? In an age where technological innovation leaps forward at a breathtaking pace, one of the most exciting prospects lies in the realm of AI and its potential to revolutionize our daily lives. We’re not talking
Crude oil recently hit a four-month high, with the International Energy Agency expecting a supply deficit through 2024. That view is based on the premise that OPEC maintains production cuts. However, this is not the only catalyst for crude oil. There will likely be multiple rate cuts in the next 12 to 18 months. Expansionary
We are often led to believe that outperforming the stock market is a superhuman trait that only those on Wall Street possess. However, such a narrative is simply untrue. In fact, there are numerous investment opportunities available that could see you outperform the market by yourself. As such, I decided to dial in on a
The big crash in lithium price has translated into lithium stocks trading at a deep valuation gap. It’s difficult to talk about the exact timing for recovery in lithium prices. However, there is no doubt that it’s the best time to buy lithium stocks. Once the reversal rally is underway, lithium stock can potentially skyrocket.
The Invesco QQQ Trust ETF (NASDAQ:QQQ), a fund largely composed of tech stocks, has soared 45% over the past year. And in some specific semiconductor and AI-related names, the gains have been parabolic. Super Micro Computer (NASDAQ:SMCI) has rocketed more than 1,000% over the past 12 months, to give one example. While the gains have
There are some sectors poised for gains that investors should keep on their radars. These sectors could grow as much as 20 times. Furthermore, I believe that this is a conservative estimate based on analyst projections. I think that these sectors are relatively untapped. Some are more well-known and the growth story is obvious. While
The tech sector is up 12% year-to-date and a remarkable 48% over the past 12 months, powering the broader markets. Particularly, the semiconductor industry is growing, with Nvidia (NASDAQ:NVDA) leading the charge; its stock is up around three-fourths this year. The best tech stocks are expected to maintain this momentum, according to Deloitte’s 2024 technology
Dividends that provide a passive source of revenue for investors often seem great on the surface. Stocks with high yields can sometimes indicate a company’s instability or solely serve the purpose of attracting investors without offering sustainable returns. The three stocks we’ll introduce in this article have very high dividends but shaky financials and past
Finding strong buy stocks under-$20 takes a little effort, but it’s well worth it. Many of the stocks at this price level are small-cap stocks. But you’ll also find mid-cap and large-cap stocks. One of the key benefits for finding stocks under $20 is that they are affordable to a wider range of investors.
Is enterprise artificial intelligence company C3.ai (NYSE:AI) the real deal, or just a speculative hype story? The answer, as usual, can be found in the financial data. Don’t dismiss AI stock as a bursting bubble, as C3.ai’s forecast-beating revenue growth is indisputable. Investors might find it frustrating that the C3.ai share price still hasn’t recovered to $100. That’s a
If you’re searching for undervalued quantum computing stocks to add to your portfolio this month, look no further. Never before in human history has technology progressed at the rate seen today. In just two decades, human civilization went from miniaturizing the computer to AI software aggregating data across the internet. With advancements in physics, humanity
Earlier this year, interest in electric vehicle battery technology company QuantumScape (NYSE:QS) spiked to a level not seen in a long time. QS stock soared – but those gains are completely gone now. All that’s left is the distant memory of more hopeful times for QuantumScape’s downtrodden investors. QuantumScape is still busy working on a potentially