As 2024 unfolds, the investment world turns its eyes to the next potential trillion-dollar stocks. This prestigious club, currently home to six corporate titans, is a testament to market dominance. Moreover, these businesses are the beacons of economic success. Clearly, they are setting a high bar for entry into this exclusive group. The backdrop for
There’s no doubt about it. It’s been a great year to invest in Nvidia (NASDAQ:NVDA), the most magnificent of the “Magnificent Seven” companies. However, Nvidia isn’t the only artificial intelligence (AI) processor arms race competitor. Indeed, a comeback contender in the AI chip industry should make eager NVDA stock buyers think twice.
Some investments just look after themselves. They are “set it and forget it” kind of stocks. Typically they pay dividends because dividend stocks tend to be profitable businesses that have been through the mill a time or two. They want to share their success with their investors. The asset managers at Hartford Funds looked at
It’s clear to anyone who follows the market which stocks outperformed in 2023. Artificial intelligence and weight loss drug companies led the way. But what about the year ahead? Which securities will ascend to new heights in 2024 and pull the market up with them? Analysts and market commentators are busy with their predictions and
Investors need to understand and be able to steer clear of companies that have a poor future outlook. Whether from reduced financial guidance, overall financial instability, management issues, or relevancy surrounding their product and or services. Some companies struggle with the changing times, and investors don’t want to be aboard a sinking ship. These are
The returns can be massive when you can scoop up shares on the cheap before the rest of the market catches on. Of course, separating the wheat from the chaff is easier said than done. With endless cheap stocks available, many are fragile companies that still have further to fall. The key is finding the
SmileDirectClub (OTCMKTS:SDCCQ) ceased operating on December 8 after it could not restructure through bankruptcy proceedings. The once high-flying provider of dental aligners was one of many at-risk companies entering the final quarter of 2023. Do you remember all the articles pitting SmileDirect against industry leader Align Technology (NASDAQ:ALGN)? I sure do. As recently as 2020,
As we usher in a a burgeoning bull market in 2024, it’s paramount to turn our attention to the top cloud computing stocks. The last decade has showcased cloud computing’s role in revolutionizing business operations, enhancing collaboration, scalability, cost-effectiveness, and data security. With these benefits, the cloud computing market is gearing up for massive growth,
Since the end of October, stocks have rallied tremendously, with the S&P 500 soaring 15% and the Russell 2000 jumping 21%. This huge rebound, brought about by greater confidence in the economy and less trepidation about interest rates, resulted in many drastically overvalued stocks. For long-term, risk-tolerant investors, the latter situation created a good opportunity.
Genomics is undeniably medicine’s future, and genomics stocks stand to be the next big thing in healthcare as the industry matures. But the crux of the matter is when the industry will mature. Medical advancement lead times, regulatory approval, and expensive R&D combine to make genomics stocks a risky speculative play today while we await
Investor Cathie Wood deserves to take a victory lap. After being vilified for almost two years for allocating capital to disruptive technology stocks, Wood’s 2023 strategy has proven successful. The flagship ARK Innovation (NYSEARCA:ARKK) exchange-traded fund (ETF) that Wood runs through her investment management firm Ark Invest is up 70% this year. After enduring the
In the contemporary age, the concept of top Dow stocks to buy seems rather anachronistic. After all, the underlying Dow Jones Industrial Average only covers 30 companies. Contrast that with other indexes that consider hundreds if not thousands of publicly traded securities. However, the limited coverage of Dow stocks shouldn’t be conflated with a lack
While the topic of top penny stocks to buy may arouse controversy similar to apocryphal literature with spiritual implications. That might sound hyperbolic but generally, financial advisors shy away from the sector because of the extreme risks involved. It’s not just that investing in this arena is dangerous to your financial standing; rather, the ecosystem
Growth stocks certainly have legs at the moment and it’s fair to assume that there will be a surge of investment heading into 2024. Demand should be expected to rise as the Federal Reserve continues to signal that the worst is over. The markets are expecting a soft landing and multiple rate cuts in 2024.
Well, 2023 certainly hasn’t been perfect for stocks, but with volatility and uncertainty lingering after the chaos of 2022, it’s been better than expected for most investors. Many people braced themselves for a downturn this year amid Fed rate hikes, but the market has shown impressive resilience and even a nice recovery. As we round
As 2023 comes to a close, investors have warmed back up to Rivian Automotive (NASDAQ:RIVN) stock, which has surged back to the low-$20s per share following a November tumble. There is not one set reason this EV play has experienced this latest surge in price. Developments and news that are both company-specific, and more macroeconomic
When you think “growth stocks,” mega-cap big tech names, or even smaller but high-profile companies in industries like AI, electric vehicles, or SaaS software may first come to mind. But while there are, of course, plenty of strong growth opportunities within the tech sector, some of the most underrated, under-the-radar, and undervalued stocks in this
With animal spirits returning to Wall Street, and greed replacing fear in the minds of investors, Joby Aviation (NASDAQ:JOBY) stock is hot again. Shares bounced off a low of just over $5 in early November and were trading near $7 on December 15. “Tech whisperer” Cathie Wood grabbed shares while TV analyst Jim Cramer was
The concept of a “metaverse” refers to a sophisticated, evolving virtual realm where users from the real world can engage dynamically with a digital environment alongside others. Investors are showing strong interest in metaverse stocks to buy in 2024, signaling potential growth. This increasing enthusiasm has significantly impacted the metaverse stock market with promising opportunities
Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ:HOLI) announced that it would be acquired by Ascendent Capital Partners. The latter is a privately owned Hong Kong investment firm. Ascendent is paying $1.66 billion in cash for the Beijing