Despite the downbeat economy, some hidden holiday stocks represent overlooked opportunities for investors. The current consumer sentiment numbers aren’t great, considering today’s stats remain below the already-low levels we saw last holiday season. This means big-name buys are likely out of the question this season. Instead, investors should look to companies offering smaller, affordable, but
Google (NASDAQ:GOOG) stock hasn’t benefited even after it announced it would pursue a series of layoffs, would be cutting 12,000 jobs or 6% of the total workforce. Job cuts are not new for the tech industry. Earlier in the year, competitors Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) laid off a combined 28,000 workers, as they predicted
Buying the dip is an effective way to lower your cost basis for long-term positions. This strategy helps people realize a great upside when stocks recover, but not every stock is a buy the dip candidate. Some dips keep on dipping, and stocks that look like bargains are like that for a reason. However, other
The equities markets, especially the Nasdaq, had shown remarkable resilience and growth since the beginning of 2023. However, things have changed remarkably in the past couple of months. The S&P500 and Nasdaq are only returning 10.0% and 26.8% since the start of the year. In September, for example, these indices returned around 34.1% and 17.6%,
In the bustling world of Wall Street, a few names command unrivaled respect — and Warren Buffett stands tall among them. For decades, investors have turned to Warren Buffett stocks not just as a benchmark but as a beacon of financial wisdom. These aren’t just any stocks; these are stocks Warren Buffett likes — a
The EV landscape continues to take shape. That’s great for leading sector stocks like Tesla (NASDAQ:TSLA) that benefit from strong market share, growing sales, and established brand power. At the same time, as the market begins to solidify, early aspirants are beginning to fade fast. The field of EV manufacturers is quickly separating the wheat from the
Artificial intelligence (AI) is changing everything. The debut of the generative AI chatbot ChatGPT last November set in motion a dramatic realignment in what was achievable. In less than a year, numerous generative AI projects were unleashed that showed the potential for enhancing creativity, cost-savings, productivity and efficiency in virtually all industries. Generative AI models
Nvidia (NASDAQ:NVDA) has been a darling of the stock market throughout much of 2023. Yet, many traders and even some analysts are highly concerned about NVDA stock now. Still, I encourage investors to stay calm. Irrespective of the perceived headline risk, Nvidia will continue to sell plenty of artificial intelligence (AI) chips in the coming months.
One of the last times I tried recommending stocks to buy for 100% returns was at the beginning of 2022. I selected seven names I believed had the stuff to double for a second consecutive year. None of the seven managed to pull off a two-peat. The worst part was that five of the seven
On October 24, the U.S. dollar strengthened against other currencies. Robust economic data showcased the U.S. economy’s strength relative to the United Kingdom and Europe. U.S. business output improved, manufacturing rebounded, and services activity increased while inflationary pressures eased. A rebounding economy means this is the last chance to purchase undervalued companies before they gain
This is a strange time as an investor. On one hand, there is inflation and weak consumer spending and on the other, the earnings season and strong market movement. But the best way to take a position during this time is to invest in undervalued blue-chip stocks that look promising and have an impressive balance
Call me boring but I love to pick stocks that have a strong history and solid balance sheet that keep rewarding investors. Who doesn’t enjoy passive income? If you are a risk-averse investor and looking to invest for the long term, there are a few qualities you need to look for in the stocks you
Investors tend to buy gold stocks as a hedge against broad economic fear. Markets remain volatile and fears of a recession or worse remain elevated. Those are the exact conditions that have historically made gold shares a good investment. Gold tends to underperform the broader stock market in the long term but outperforms in conditions
Bankruptcy filings are on the rise. As the economic good times of the past few years are seemingly drawing to a close, it’s creating trouble for many publicly traded companies. This has led to the rise of bankruptcy predictions in this article. Retail companies have been particularly hard hit. Firms such as Bed Bath &
SoFi Technologies (NASDAQ:SOFI) is well known for being among the leading student loan financing companies in the market. However, as I’ve pointed out in recent pieces, SoFi stock is evolving into more than a one-dimensional player. This company is now a one-stop financial solution provider, with a strong focus on student loan refinancing. There’s a
The U.S. Federal Reserve Building in Washington, D.C. Win Mcnamee | Reuters Forecasters have been really wrong on the economy recently, but it’s nothing new: They’ve always been wrong. I was amused yesterday to hear that JPMorgan Chase CEO Jamie Dimon was shocked — shocked! — that the economic forecasts of the major Wall Street
Archer Aviation (NYSE:ACHR) is among the key eVTOL (electric vertical takeoff and landing) aircraft companies in the market. For those looking to bet on flying cars, ACHR stock remains one of the key ways to do so. This is a company that’s made significant strides towards flying car commercialization, leading to an impressive 83% rally
Safe stocks are a misnomer. All investments come with risk, and stocks are inherently riskier than fixed-income alternatives — for example. But stocks with a low beta are safe havens compared to the wider market. Beta measures volatility, or how wildly a stock swings compared to the overall market. The market, measured by an index
With effectively no revenue and burning through nearly a third of a billion dollars just last quarter alone, Mullen Automotive (NASDAQ:MULN) is the poster child of an ultra-high-risk, speculative stock. The company has achieved no truly meaningful milestones or tangible results thus far, instead existing solely on the back of investor cash injections. Of course,
A few weeks back, I wrote an (admittedly early) earnings preview for QuantumScape (NYSE:QS). I argued that while a post-earnings surge for QS stock was possible in theory, shares would not spike. It’s too late to lay out another prediction for how the stock could perform in response to earnings, much less place a pre-earnings