As inflation and spiraling interest rate hikes continue to dominate the discussions of most investors, the stock market continues to see bearish momentum build. Many investors are growing increasingly apprehensive about what next year may hold. Accordingly, many are choosing to add exposure to high-yielding dividend stocks over growth stocks, as uncertainty reigns supreme. This
Stocks to buy
With fears rising regarding a global economic slowdown, investors should consider recession-resistant stocks to batten down the hatches. Fundamentally, one of the biggest concerns that analysts cited centers on global central banks tightening their money supply. Reduced liquidity almost certainly signals deflation if left unchecked, which translates to reduced business activity. That’s going to be
In 2021, meme stocks or investments that generated intense grassroots interest (typically via public internet forms) were all the rage. In 2022? Not so much. Throughout this year, shifting market and macroeconomic forces exposed many if not most memes as pure speculation. Usually, this translates to hot garbage. However, some high-risk wagers earned respect. Whether
With inflation starting to turn the corner, Luke believes 2022’s pain is about to turn into 2023’s gain! And it’s not just inflation. Every single metric that turned this market into a bear market is now flashing indicators that the tide is turning yet again. It seems a rally is on the horizon. Recall that
When the “smart money” talks, I listen. And that smart money right now is betting big on a single EV stock that could dethrone Tesla. Specifically, hedge funds collectively bought nearly 37 million shares of this EV stock last quarter. That made it the single-most bought EV stock by hedge funds in the third quarter
If we look at the price action for cannabis stocks in the last five years, it’s largely been disappointing. However, there have been two instances where cannabis stocks have skyrocketed in hopes of legalization. During these euphoric surges, returns from cannabis stocks have been five to ten folds. There is again an air of optimism
There’s no denying that neo-banking firm SoFi Technologies (NASDAQ:SOFI) is divisive. After all, this is a company that wants to disrupt personal finance as we know it. However, this doesn’t mean SOFI stock can’t move higher. If the Federal Reserve eases up on its course of interest rate hikes, and if SoFi Technologies can continue to
Until recently, Huadi International (NASDAQ:HUDI) stock was quite obscure. However, this traditional steel pipe and tube manufacturer is undergoing a major transition. Soon, HUDI stock could be an unexpected ESG (environmental, social and governance) investment for risk-tolerant financial traders. It’s no secret that renewable energy development is a priority for the Chinese government. Yet, curious
Some good news is finally starting to creep into the markets with inflation easing in October. However, GDP growth remains a concern. That’s a key reason why growth-focused penny stocks are trading at depressed valuations. This is still not a market where investors can aggressively take positions in high beta stocks. Accordingly, I would remain
As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy. Let’s face the facts, though. Cybersecurity stocks also took a good beating, as they too
Despite the recent rebound of many U.S. stocks, the S&P 500 is still down 17% in 2022. It’s also 8% below its Aug. high. Yet the unweighted S&P 500 index is doing much better, down only 11% this year and just 4.5% off its Aug. high. The outperformance of the unweighted S&P 500 indicates that
All bear markets eventually turn into new bull markets. And an overwhelming amount of evidence today suggests the 2022 bear market is about to turn into a 2023 bull market. Stocks crashed in 2022 because of a confluence of adverse macroeconomic trends. Inflation soared. The Fed aggressively hiked interest rates. Fixed income yields soared. Corporate
[Editor’s note: “EV Stocks Will Soar Like Never Before in 2023” was previously published in November 2021. It has since been updated to include the most relevant information available.] Let me start this issue by stating the obvious: Electric vehicles are going to take over the world. That’s an inevitability. Consumer demand is shifting. Most
With turmoil erupting in the world’s second-largest economy, daring contrarians may want to consider Chinese stocks to buy on discount. To be completely transparent, this narrative won’t appeal to everyone. With several of the Asian juggernaut’s top players suffering steep losses, it takes a bold market participant to roll the dice. Still, because of the
Russia’s invasion of Ukraine has caused major disruption in commodity markets, and global supplies are tightening as a result. These countries have a pivotal role in wheat production, accounting for over one-quarter of global exports for the commodity. Moreover, the demand for food and biofuel surged post-pandemic, driving wheat prices to an all-time high. Hence,
If it weren’t for the enthusiasm of some Reddit users, video-game retailer GameStop (NYSE:GME) wouldn’t have become a buzzworthy business on Wall Street. Yet, short squeezes aren’t the only potential catalyst for GME stock. As the company ventures ambitiously into the metaverse, GameStop shares should have three-digit potential in 2023. That’s right: $100 is conceivable even if
Some of the best investment opportunities can still be found in this market. There happen to be a number of top income stocks to buy for those looking to combat the beat down the overall indices have seen. Indeed, dividend stocks have still been some of the best performers of 2022. In fact, many such
This might seem as the most inappropriate time to talk about crypto stocks. Investor confidence has plunged with the collapse of FTX (FTT-USD). Bitcoin (BTC-USD) has now consolidated well below the $20,000 level. This fact alone signals just how impactful the bankruptcy of FTX has been for the sector, triggering yet another leg downward for most
What if I told you that I found a stock market indicator with a perfect track record of calling the biggest stock rallies in history? Better yet, what if I told you that last week, that bullish indicator flashed for the first time in several years? It’s true. An ultra-rare stock market indicator with a
Following a much-anticipated day at the voting booth, control of Congress still hangs in the balance, thereby drawing attention to post-midterm elections stocks for a divided government. Even if the data confirms winners and losers by the time you read this, the main point stands: this election was much tighter than many analysts expected. As