Considering the broad market outlook, I believe it’s a good time to buy potential multibagger penny stocks with an investment horizon of 24 months. There is a strong case for multiple rate cuts in 2024 and potentially in 2025 to avoid a recession. This would imply that the financial markets will be flooded with liquidity.
As investors, we always strive to build a well-balanced portfolio that can provide stability through various economic cycles. While high-flying growth stocks generate all the hype these days (and deservedly so), defensive dividend stocks remain essential to provide a steady stream of income, as well as stability. That’s particularly true when markets become volatile. And
Blockchain stocks should be on your radar. The halving is coming, and a Bitcoin (BTC-USD) ETF could soon become a reality. When writing, the digital gold trades for around $43,000, well below its all-time high of $68,000. With these powerful catalysts forming a backdrop, now might be a good time to start seriously investing in blockchain stocks
Despite being a hot investment trend, the electric vehicle (EV) sector faced challenges in 2023 with softened global demand. While the long-term outlook remains positive, caution is advised as not all EV companies will survive given the competitive and capital-intensive nature of the industry. Investors must choose wisely when looking at which EV stocks to
In the volatile investment landscape, the notion of penny stocks can concern even the most seasoned investors. These stocks, recognized for their questionable reputation, pair high risks with the potential for significant returns. Investing in this area requires not only caution but also thorough research and careful assessment of each company. Moreover, penny stock companies
Plant-based food stocks once captured Wall Street’s imagination, symbolizing a shift towards sustainable eating habits. The sector was initially met with a wave of investor enthusiasm, marked by a series of high-profile initial public offerings. However, as the market faced headwinds last year, the initial hype around these stocks cooled. Nonetheless, recent trends suggest a
Some stocks just can’t catch a break. Shares of many blue-chips are now languishing in the doldrums with no catalysts or momentum to carry them higher. This is largely due to poor management of the companies behind the stocks. Also, it can be due to negative investor sentiment, sector rotation, and economic forces. Whatever the
What comes to mind when you think of niche stock? For some, it is one that flies under the radar of most investors. It could be a stock with little or no analyst coverage. It could be a company with technology that meets the needs of a smaller total addressable market (TAM). In fact, Cambridge
For some, artificial intelligence’s (AI) meteoric rise sparks excitement. And for others, it poses an existential threat. Will AI usher in an era of unprecedented prosperity and abundance? Or will it take over society, rendering humans useless? Right now these are theoretical questions to discuss at dinner parties this holiday season – but little more.
In a strong sign that the U.S. electric-vehicle market is not dead yet and is thriving, Ford (NYSE:F) sold a record number of its F-150 Lightning electric SUVs in November. Specifically, the sales of the EV soared 113% year-over-year in November to 4,393 vehicles, the company reported. Also noteworthy is that the automaker’s total EV
The “Magnificent 7” stocks, or Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA) have had a great year so far. These tech giants are the main reason indices such as the S&P 500 and the Nasdaq Composite rebounded sharply in 2023. While tech stocks largely struggled
Bitcoin (BTC-USD) prices have rocketed past the $40,000 threshold and shares of several companies with ties to the world’s most valuable cryptocurrency are rallying too. Digital asset exchange giant Coinbase (NASDAQ:COIN) has soared more than 60% in just the past month, for example. But pure-play crypto stocks like Coinbase and Bitcoin miners Riot Platforms (NASDAQ:RIOT)
While Disney (NYSE:DIS) consumers may perceive the company operating as usual, shareholders understand the challenges beneath the surface. There’s plenty to be concerned about from industry strikes to streaming hurdles. Indeed, given the drop we’ve seen in DIS stock from its 2021 peak, it’s clear many concerns are currently priced into this stock. Accordingly, I’m
Like other “Magnificent Seven” stocks, Apple (NASDAQ:AAPL) shares rallied during November. During the month, AAPL stock rose from $171 to around $190 per share, representing around an 11% increase in the span of a few weeks. Since late last month, however, AAPL’s latest rally has petered out. Shares are now holding steady near the $190
Over the past week, it has appeared QuantumScape (NYSE:QS) shares could end 2023 on a high note. Despite a lack of fresh news, QS stock has climbed from $5.50 to just under $7 per share since late last month. But with the release of a new sell-side analyst rating for the stock, QS’s performance between
In a high-interest-rate environment, investors need to be selective when it comes to financial stocks. There are many choices out there, and PayPal (NASDAQ:PYPL) stock simply isn’t the best one. When all is said and done, there’s a better alternative in the fintech field. Don’t get the wrong idea. PayPal may succeed in 2024, but be sure to
BlackRock (NYSE:BLK), which has been described as the world’s largest asset manager, is truly a whale in the world of finance. Does this mean you should invest in BLK stock in December? If you’re seeking exposure to the world of cryptocurrency, you should certainly put BlackRock on your watch list and consider a share position.
It was always a matter of time before Nvidia (NASDAQ:NVDA) stock broke through the trillion-dollar threshold. It was simply when, not if. The rise of AI finally propelled the chip stock across the threshold earlier this summer. Today Nvidia is valued at $1.15 trillion and the question naturally arises, can it become a $2 trillion
Folks who invested in China-based electric vehicle manufacturer Nio (NYSE:NIO) had a great summer this year. Then, the stock had a terrible fall in both senses of the word. Some investors may consider buying NIO stock, but we give it a “D” grade. The risks outweigh the potential rewards as Nio focuses on a specific EV battery
After a year of being hyped as the ultimate AI winner, Palantir (NASDAQ:PLTR) stock is up over 200%, rising from $7 in January to a little more than $18 today. I have long been skeptical of Palantir. Its claims have long been well ahead of its financials. PLTR stock has a market cap of over