Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, made waves with his recent stock picks again. Burry’s insight and strategic thinking led him to invest in three seemingly disparate industries: healthcare, travel, and entertainment. Burry’s selection appears to have in common a tapestry of strategic considerations, financial insights, and growth potential. The
Stocks to buy
Over the past year, fintech stocks have been under lots of pressure. While enterprise software stocks like Workday (NASDAQ:WDAY) and Intuit (NASDAQ:INTU) are near 52-week highs, some fintechs are at multi-year lows. Sentiment has turned extremely negative, a stark contrast from the rosy pandemic period. However, the market’s indifference is creating an opportunity. Some undervalued
Among U.S.-listed Chinese EV stocks, Li Auto (NASDAQ:LI) has been a top performer. Since January, LI stock has experienced a nearly 93% run-up in price. Compare that to another high-profile Chinese EV play, Nio (NYSE:NIO). While NIO is in the green for 2023, the stock has delivered far less spectacular returns (around 4.6%) year-to-date. Another
Think all large-cap artificial intelligence hardware companies are grossly overvalued? Think again, abd look at Cisco Systems (NASDAQ:CSCO) stock. Cisco is a networking equipment manufacturer that probably deserves your attention in 2023. CSCO stock isn’t a perfect holding for everyone, and it gets a “B” grade. Yet, it should appeal to some income-focused, value-oriented and momentum-seeking
Meta Platforms (NASDAQ:META) stock surged 129% this year, as investor piled into this metaverse-focused company for reasons completely separate from the company’s shift to becoming a metaverse company. Rather, Meta’s cost efficiency focus, its AI-related investments, and the strength of its core business appear to be the reasons investors continue to put their money to
In the dynamic world of stock markets, the quest for financial prosperity often leads investors on a journey filled with opportunities and risks. For those aspiring to join the ranks of millionaires, strategic investments in stocks to buy can be the key to realizing their dreams. This article lists three must-own stocks quietly but consistently
In the world of electric vehicles stocks, obvious names deserve a place in the long-term portfolio. Tesla (NASDAQ:TSLA) and Li Auto (NASDAQ:LI) are likely to be sustainable value creators. At the same time, other cheap EV stocks that hold value deserve some attention. This column focuses on three of the cheapest EV stocks that can
The top cryptos to buy continually capture the discerning investor’s gaze. Though the market paused recently, its decentralized promise, a counter to rising inflation, remains magnetic. Investors aren’t merely hunting traditional returns; they’re seeking cryptos that echo their vision for an innovative financial future. Amidst the digital asset crescendo, cryptocurrency investment becomes an enticing proposition.
It’s official. One of the hot IPOs of 2023 has priced its initial public offering. On Wednesday, Sept. 13, Arm Holdings (NASDAQ:ARM) got the last laugh. The U.K.-based chip designer originally sold itself to Nvidia (NASDAQ:NVDA) in 2022 for $40 billion, but regulators nixed the deal. Its shares were priced at $52 for a market
Momentum stocks have been surprisingly strong performers over the years. It can seem counterintuitive at first. After all, investors often aim to buy low and sell high. But sometimes, the best prospects lie in a stock that is already making highs and set to keep on climbing. As the physics adage goes, “an object in
It’s been a rough year to invest in pharma stocks. The industry is adjusting to a sector that is less reliant on Covid-19 vaccines and is adapting to the effects of inflation as well as pressure from regulators to cap the price of many drugs. However, there are many reasons to be optimistic about the
Now looks like a good time to consider undervalued mid-cap stocks. According to Franklin Templeton, the grouping of companies with market capitalizations between $2 billion to $10 billion is due for further improvement. Large-cap firms rebounded strongly in 2023 following the pullback. The S&P 500 Large Cap Growth Index was up more than 21% through
Despite Bitcoin (BTC-USD) losing its long-term support of $29,000, investors shouldn’t discount the value of blockchain stocks in the short term. If one is bullish on the future of digital currencies and the underlying technology, then technical weaknesses like this might be meaningless in the long run. One silver lining to the declining price of Bitcoin is
Some investors don’t want to deal with the drama of the stock market but still want respectable returns. While you can achieve the highest returns with high-flying growth stocks, some investors prefer to insulate themselves from high-risk investments. For example, blue-chip stocks act as a viable solution for investors who want to earn returns without
Defense spending in the United States is expected to surpass $2 trillion in 2023. The U.S. military is forecasting that it will award procurement contracts worth more than $300 billion this year. These are massive sums of money make the American military the most technically advanced, sophisticated, and powerful in the world. They also feed
In the fast-paced world of technology, there are promising stocks with substantial growth potential. From artificial intelligence (AI) to clean energy, tech offers various opportunities. In a vast sea of stocks, only a handful consistently outperform, making them attractive for long-term investors. However, not all growth stocks are equal. Here are three millionaire-maker undervalued tech
Although geopolitical conflicts between major economic powers are generally something to be avoided, for semiconductor stocks trading amid the backdrop of the U.S.-China chip war, the bad news just might be good news. With more than just competitive bragging rights involved, the technology sector has never been more crucial. As a recent Fortune article pointed
Usually, I don’t recommend a stock when a company’s valuation looks inflated. However, today’s investors need to be on the right side of the trade when it comes to Nvidia (NASDAQ:NVDA) stock. As long as you want to participate in the future growth of the artificial intelligence (AI) technology market, you need to own at least
Data from the United States Technology Sector Analysis reports an impressive 28% growth over the past year, coupled with a forecasted annual earnings increase of 17%. This surge has resulted in renewed optimism for consumers seeking to invest in the stock market. The robust earnings growth suggests profitability and attractiveness for investors seeking potential gains.
“Buying the dip” is one of the most common strategies discussed in the stock market. This is prevalent with momentum stocks and high performers. However, as optimism grows for stock favorites, so does the irrational exuberance surrounding companies that don’t have the financials to support it. This has led to the rise of stocks to