Wall Street seems to have determined that Coinbase (NASDAQ:COIN) will be more hurt than helped by the new Bitcoin (CCC:BTC) spot ETFs. Meanwhile, COIN’s valuation remains extremely high, and the potentially ruinous lawsuit against the firm by the Securities and Exchange Commission will soon be prominent in investors’ minds. Most law-abiding COIN users will probably
Cryptocurrency and the blockchain are headline-news topics now. Consequently, you may be tempted to load up on Marathon Digital (NASDAQ:MARA). Yet, just because the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin (BTC-USD) exchange-traded funds (ETFs), this doesn’t mean you should make a hasty trade with MARA stock. At the very least, consider Marathon Digital’s risks
Will you settle for a pretty good year after a magnificent one? Apple (NASDAQ:AAPL) still deserves its designation as a member of the prestigious “Magnificent Seven” club. AAPL stock gets a “B” grade and shouldn’t be expected to rally as sharply in 2024 as it did in 2023. To put this in perspective, the Apple share price gained nearly
The US economy is on a positive trajectory, with a notable decline in inflation over the second half of the previous year. Raphael Bostic, the Atlanta Fed president, anticipates a slower progression of inflation moving forward and envisions it reaching around 2.5% by the end of 2024. Despite uncertainties, such as disruptions in shipping costs
With the artificial intelligence (AI) buzz capturing global attention, discerning investors must identify stocks with concrete revenue gains from AI. Analysts project the AI revolution as the fourth industrial revolution, foreseeing widespread applications across industries. Notable sectors like cybersecurity have successfully employed AI for threat detection, showcasing its potential beyond early adopters like Google. That
Will 2024 be the year that cannabis stocks come back into their own? Though recreational and medical legalization is inching along, state by state, cannabis stocks haven’t come close to touching past highs. Cannabis’ lost investor enthusiasm comes primarily from two core concerns: legalization and differentiation. The first issue is self-evident but more nuanced than
Important voices in the investment world predict that 2024 could be a very strong year for mid-cap stocks. Janus Henderson portfolio manager Brian Demain believes the outlook for mid caps looks favorable as rate hikes slow and cuts draw nearer. Demain also anticipates that they could perform very well due to their relative underperformance to
Many stocks had incredible runs in 2023, and not just the so called “Magnificent 7” mega-cap technology concerns. While underreported, many stocks beat the performance of the Magnificent 7 last year. Further, they saw their share prices completely recover from the downturn in 2022. Best of all, these market outperformers look likely to continue running
Although markets have gotten off to a difficult start, Wall Street analysts continue to love and recommend several stocks to investors. Some of these highly praised stocks are mega-cap technology concerns and companies associated with artificial intelligence (AI). But not all of them. Analysts continue to heap adulation on stocks of companies with strong earnings,
Many investors continue to prioritize dividends when buying stocks, relying on the payments for income, particularly in retirement. To many investors, dividends provide a more reliable and consistent return than stock price appreciation, which is prone to market fluctuations. These investors look for companies that make their dividend payouts a priority and steadily increase the
The Magnificent 7 companies were the stars of the show in 2023. In the new year’s first week of trading, the cohort proved slightly less magnificent. Depending on which of the Magnificent 7 stocks you were watching, the first week of the year was quite ugly. In any case, I don’t think one week of
Wall Street analysts conduct plenty of research before deciding which stocks to recommend. It’s part of their full-time jobs which makes them more present in the industry than most retail investors. Investors can save a lot of time by reviewing analysts’ recommendations. However, an investor shouldn’t take an analyst’s recommendation at face value. Instead, investors
Penny stocks can offer tantalizing rewards for those willing to stomach the risks. Though most fail, the few that succeed can bring massive returns. I don’t have a crystal ball, but using the latest AI assistant from Google (NASDAQ:GOOG, NASDAQ:GOOGL) called Gemini, I asked it to predict which penny stocks have a chance to skyrocket
Hedge funds are specialized investment funds that aim to generate returns regardless of overall market conditions. Hedge fund managers tend to be skilled stock pickers, as they have the resources to conduct thorough research and analysis. They also often have industry connections that provide valuable insights. As such, keeping an eye on the stocks hedge
The oil market has been on a roller coaster ride in the past few years, with prices fluctuating wildly due to various factors like pent-up travel demand post-COVID and geopolitical tensions between Western nations and Russia. Brent crude prices are now sitting around $78/bbl, well below where it was in mid-September 2023, above $90/bbl. For
For many biotech stocks, price and performance hinges on the success of a drug in testing. This means most biotech companies rely on one market opportunity to succeed financially. Testing usually takes several years, with many different criteria to meet before applying for review by regulators. Even after successful tests, the survival of these stocks
The arrival of 5G networks has sparked interest and attracted significant investments in the telecom industry. With speeds up to a hundred times quicker than 4G, reduced lag, and the ability to handle a spike in connected devices, 5G has the potential to change everything from smartphones to autonomous vehicles. While it will take time
The green revolution is making our future look clean and green. IEA’s new World Energy Outlook 2023 states that the world is set to change significantly by 2030. It also adds that the share of renewable energy will be 50% of the global electricity mix. Renewable energy is the way to go ahead and, although these energy
While 2025 is less than 12 months away, the full year is roughly 2 years in the future. That means investors today have roughly 24 months during which to produce returns. Investors looking for 10x stocks during that period will have to accept real risk. That said, trends indicate that a few sectors are best
This earnings season promises to be an interesting one. A lot is hinging on upcoming earnings, considering company reports set the stage for 2024 while acting as an official close to 2023’s holiday shopping season. For that reason – shopping season uncertainty – retail stocks are ones to avoid this earnings season if you’re even