The market tends to overreact to corporate financial results, leading many analysts on Wall Street to dub quarterly earnings reports the “silly season.” Many stocks rise or fall by 20% or more immediately after their quarterly prints are made public. These gyrations can lead to many great stocks becoming oversold. This has certainly been the
Stocks to buy
Are you in the market for oversold consumer stocks? You should be. According to a Financial Times article from late July, investors have shunned consumer stocks over recession fears, which means there are opportunities to be had in this downtrodden segment of the market. The Financial Times went on to report: “‘There’s a complete lack of
The stock market has produced many winners over the past decade. Long-term investors benefit from companies that deliver consistent revenue and earnings growth over time. While the stock market hasn’t always been kind to investors, it has always presented long-term opportunities. When some investors ran off from assets, others bought various dips of their favorite
Weakness is quickly becoming an opportunity in lithium stocks. For one, most are now technically oversold. Two, with accelerating demand and lithium prices, related stocks could easily bounce back. Also, thanks to growing demand, companies like Exxon Mobil (NYSE: XOM) are jumping into the lithium boom. In fact, XOM just started actively exploring the market
The broad tech market may have seen its heyday come and go post-pandemic. Today’s investors are skittish about high-flying growth opportunities amid promising 5% yield on savings accounts and Treasuries. But surprisingly, parts of this year saw rallies and resurgence for a core selection of tech stocks, mainly driven by artificial intelligence (AI) exuberance. That
Flying taxi stocks are no longer in the realm of our futuristic dreams. Debut liftoff is sooner than you might expect. With potential returns that could soar to the skies, the demand for these stocks is ramping up. Savvy investors are already looking for the best flying taxi stocks to buy and reap massive rewards.
As we enter the final months of 2023, the stock market continues to face headwinds. Inflation remains stubbornly high, the Federal Reserve is still on its rate-hiking path, and recession fears linger. But there are always opportunities for savvy investors, even in turbulent times. And right now, some of the best opportunities can be found
The stock market is sliding lower in August, and volatility has returned to equities. So what’s an investor to do? The best defense in times like these is to put capital into reliable blue-chip stocks. These stocks of established, profitable companies generate plenty of free cash flow and have a proven track record of rewarding shareholders through stock
United States productivity increased by a 3.7% annualized rate in Q2 2023. Michael Feroli, Chief U.S. economist at JPMorgan (NYSE:JPM), wrote that expectations for a strong boost in the three-month period “offer glimmers of hope that trend productivity is picking up,” as rising investment in software and information processing will boost growth for the economy.
Interestingly, interest rates are higher in the United States since the economy is much stronger than analysts’ and economists’ forecasts. Furthermore, unemployment is below 4%, the S&P 500 grew roughly 20% this year, and economists surveyed by the Philadelphia Fed stated that GDP is projected to grow by 1.6% in Q3 2023. The rise in
Market volatility has struck again. Last week, U.S. equities continued their slide in August, leaving many market-watchers wondering whether or not equities in general had reached their peak. The attributed to this precipitous decline in share prices is most likely multi-faceted. There is the Federal Reserve, which still is not sure it will pause on interest rates
Barron’s published an article in mid-August that discussed how the best employers are the best stocks to buy. Jefferies Financial Group (NYSE:JEF) analysis found that the stocks of the companies on the annual Fortune list of top 100 workplaces had consistently outperformed their peers since 1998 when the list was started. “Analysts led by Aniket
This might be the best time to dip your toe into solar stocks. Solar energy is one of the fastest-growing industries in the world, as more countries and companies invest in renewable sources of power to combat climate change and reduce their dependence on fossil fuels. According to the International Energy Agency, solar photovoltaic capacity
Cannabis stocks are far from creating sustainable values. There have been two instances when cannabis stocks have skyrocketed on hopes of robust growth and legalization in the last five years. However, the big rally has been followed by a deep correction. Having said this, I am bullish on a few cannabis stocks to buy and
Quantum computing has the potential to solve complex problems that are beyond the reach of classical computers. Even better, analysts at the International Data Corporation (IDC) say the global quantum computing market could be worth well over $8.6 billion by 2030. So, there’s plenty of opportunity, even for the companies still in the early stages
The Dow Jones Industrial Average often called the Dow 30, is a stock market index of 30 leading U.S. publicly traded companies. Most of the 30 Dow companies are blue-chip names and widely held stocks with large market capitalizations. As such, the Dow 30 is a bellwether for the health of the overall stock market
Artificial intelligence is changing the drug-discovery process by making it much faster and cheaper. Traditionally, most biotech stock drug candidates fail. Indeed, according to Nature, “An estimated 86% of drug candidates developed between 2000 and 2015 did not meet their stated endpoints.” And the well-respected consulting firm McKinsey reported that “Today, to discover and develop a
The electric vehicle (EV) industry remains at the forefront of the global shift towards a greener tomorrow. As nations rally to slash their carbon emissions, a surge in the demand for EVs is inevitable, to say the least. Hence, the idea of EV stocks to buy will always be relevant for savvy investors looking to
After a shaky start this year, energy stocks seemed to have lost their sheen in stark contrast to last year. The early disappointments led many to believe these stocks would lose momentum. However, as the saying goes, “The night is darkest just before the dawn.” The top energy stocks are finding their stride again, surging
Despite the pullback in the technology indices and that of the broader market, the transition to artificial intelligence (AI) has only just begun. ChatGPT kicked off this sudden surge of interest in machine learning stocks, and it looks to have a transformational impact on society. OpenAI uses a combination of machine learning and artificial intelligence