Goldman Sachs (NYSE:GS) says that by 2030, electric vehicles (EVs) will make up more than 35% of global new car sales. Tesla (NASDAQ:TSLA) remains the King of EVs despite consistent hurdles in recent months. But it’s evident that the competition is picking up, with other EV companies offering better models at better prices. According to Bank
Stocks to buy
Nvidia (NASDAQ:NVDA) finally fell, hard making Nvidia stock look vulnerable for the first time in a while. Analysts are focused on the $80 per share fall on April 19, it’s now trading 14% below where it was a month ago, when it peaked at $950/share. You could get in early on April 23 below $825.
The world of streaming is rapidly evolving, with more viewers cutting the cord and shifting towards on-demand content. This is why investors are on the hunt for the best streaming stocks to own in 2024. The allure of on-demand content, personalized viewing experiences, and global accessibility has propelled streaming platforms forward. Their ability to adapt
The unwavering pursuit of stocks to make you a millionaire is both exhilarating and challenging. Identifying these superstar stocks requires a keen eye for spotting trends, understanding key financial metrics and being patient. These unique companies possess a rare combination of visionary leadership, disruptive innovation and solid fundamentals. Additionally, they are at the forefront of
As the old adage goes, with great reward comes great risk – many growth stocks have come crashing back down to earth after failing to live up to the hype. So how do you separate the wheat from the chaff? The key is to focus on growth stocks with real profitability or a clear path to getting
As the market pulls back in April, it’s time to put some dry powder to work. Some of the top Nasdaq stocks have pulled back significantly and present opportunities at current levels. After a 25% rally since November 2023, when the market barely had any pullback, a bigger correction was in the cards. It appears
Investing legend Peter Lynch, who managed the flagship Magellan Fund for Fidelity Investments, encouraged individuals to beat Wall Street by buying stocks that they saw doing well on Main Street. From 1977 to 1990, when Lynch managed the Magellan Fund, it posted a 29.2% annual return. Clearly something worked. Now, inspired by the investing legend, I
Every once in a while, a blind squirrel finds a nut. The same can be said about the best $5 stocks. While I wouldn’t recommend putting more than one or two percentage points of your portfolio in $5 stocks, like a blind squirrel, you sometimes can hit paydirt. It’s not often, mind you, but all
Electric vehicle (EV) stocks are in a tizzy, communicated by Tesla’s (NASDAQ:TSLA) more than 40% year-to-date slump. If that doesn’t provide enough evidence, consider the Global X Autonomous & Electric Vehicles ETF‘s (NASDAQ:DRIV) near 10% year-to-date drawdown. Although recent results show that EV stocks are under pressure, key metrics indicate numerous EV stocks are oversold. For
The majority of leading global indices reached new highs in 2024, fueled by loose financial conditions and burgeoning enthusiasm for artificial intelligence (AI). In the U.S., this rally pushed the S&P 500 to fresh highs. And unwavering investor optimism and the prospect of stocks joining the trillion-dollar club maintained the surge. Historically, the markets prefer
The U.S. economy holds promise with the rapid growth of robotics stocks and automation across industries. Companies increasingly invest in automated systems, expecting significant improvements in output quality, efficiency and uptime. The retail and consumer goods sector, in particular, is poised to lead this automation wave, with substantial capital allocations planned over the next five
In a bull market, the role of blue-chip stocks is often understated. Investors look for growth stocks with millionaire-maker potential. However, when markets are volatile or trending lower, blue-chip stocks are a fortress for the portfolio. With relatively volatile market conditions, this column discusses three undervalued blue-chip dividend stocks to consider. It’s worth noting that
Consumers and small businesses need easy access to cash for important purchases. Fintech companies offer these services and several perks to entice individuals to work with them over the competition. The industry has gotten more competitive as digital banks and fintech companies have sprouted up. Financial institutions no longer need vast networks to compete if
Artificial intelligence is a big business and it will likely get bigger, possibly boding well for AI penny stocks. While extremely speculative, these ideas present enormous upside potential. They could be ideal for those who can stomach extreme volatility. Now, let me just be straightforward. AI penny stocks are akin to knife fights. When you
Investing in biotech stocks is not for the faint of heart. The sector is prone to wild swings in stock prices, offering a distinctive blend of high risk and high reward. The companies in the biotech space are consistently pushing the envelope, making them excellent investment opportunities in a perfect storm situation. One of the
For investors, identifying strong strategic potential is necessary for spotting profitable investment prospects. Bearing this in mind, three businesses are captivating the attention of astute investors, offering an attractive chance to create millionaire stocks. These businesses have established strong market positions through calculated risks that should yield generous rewards. The first business, for instance, has
Marijuana legalization may be inching closer in the U.S. but it just became a reality in Germany. As of April 1, Germans can now legally grow up to three marijuana plants for personal use. They can also possess up to 50 grams at home and up to 25 grams in public. Starting July 1, people
Are we headed for a repeat of 2022’s brutal selloff? While no one can predict the future with certainty, current market trends are raising some ominous red flags. After a meteoric rally fueled by the AI craze, many investors seem to be taking profits off the table. And who can blame them? The surge we’ve
Gold has rallied to record highs, hitting $2,350 per ounce after testing investor patience. A shift toward bullish sentiment is clearly prompting a closer look at gold stocks (and particularly gold miners). Investors look for steady places to hide out, in the event volatility spikes with what many believe could be an incoming downturn. Bitcoin
Meta Platforms (NASDAQ:META) stock shines among the Magnificent Seven. The launch of LLaMA 3 signals ongoing innovation, likely propelling Meta’s market-leading growth. Meta’s stock, lingering near $500 for weeks, closed at $499.76 on Tuesday. Optimistically ahead of Q1 earnings, analysts foresee the potential for shares to surpass $600. UBS upgraded Meta to a Buy, setting