NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company fired CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, effective immediately. The company didn’t provide a reason for the termination. related investing news Wells Fargo says improving
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I’ve been writing about the best green energy stocks for many years. For this column, I’m taking a new approach. Specifically, I’ve decided to recommend three names with high exposure to Europe There are three reasons why Europe is a good region to focus on for those seeking lucrative “green rush stocks.” First, unlike the
Now that Memorial Day is in the rearview mirror, investors are thinking about summer. This is historically a quieter time for markets. That may be the case in 2023. But first, the markets have to digest news on inflation and interest rates. And that’s a reason to look for some bargain stocks to buy for
Not long ago, I issued a bullish call on Nvidia (NASDAQ:NVDA) stock. I still like Nvidia’s long-term prospects as a company. However, I don’t recommend investing at any price. My concern is that artificial intelligence (AI) hype has distorted Nvidia’s valuation, so a share price pullback may be due. There are growth stocks in 2023, and
The electric vehicle (EV) realm was considered a lucrative growth sector over the past few years but recently hit a few bumps in the road. Since 2022, the narrative around the most promising EV stocks has been marred by underperformance, throwing shade on the sector’s investment appeal. Nevertheless, it is important to understand that not
Last year, it was reported that more than 500 EV models are available globally. Competition has intensified and I expect several EV companies to go bust in the coming years. Among listed names, there are several high-risk EV stocks to sell before they head lower. I must emphasize here that the discussion is based on
Dividend payments can be both a blessing and a curse for investors. On the positive side, dividends reward stockholders with profit sharing. And dividend payments can form an essential part of an investor’s income, particularly in retirement when people live on a fixed income. However, extremely high dividends often are an indication of trouble at a company
Earnings can make or break a stock in the short term. Impressive earnings can vault shares to new highs. Disappointing earnings — or more often, guidance — can crush a stock price. Sometimes though, the pullbacks are opportunities. Put another way, these are stocks to buy after earnings dips sent them lower. At times, investors
In this article ADBE LCID LVS WYNN GME Follow your favorite stocksCREATE FREE ACCOUNT A GameStop location on 6th Avenue on March 23, 2021 in New York. View Press | Corbis News | Getty Images Check out the companies making the biggest moves in premarket trading: GameStop — Shares plummeted nearly 21% in premarket trading.
Artificial Intelligence (AI) stocks continue to cause volatility in the tech sector. As businesses increasingly harness the power of AI to gain a competitive edge, savvy investors are finding opportunities. In this article, we explore three top AI stocks to buy that have the potential to skyrocket in the next 12 months. First on the
Lithium prices drove electric vehicle prices higher in 2022 sending demand up for the top lithium stocks to buy lithium stocks. Prices began trending downward at the end of 2022 as EV sales expectations weren’t as high as expected. Expiring subsidies in China were a contributing factor in that slide as well. But the market
Rivian’s shares have plummeted more than 90% since its record-breaking IPO in 2021, dropping to $14.50 at the time of writing. This move places Rivian stock firmly within the beaten-down, previous high-flying category of EV companies out there. Rivian’s downfall is considerable, for several reasons. Of course, there are investors who lost a significant chunk
Artificial intelligence is the buzzword of 2023, and that has AI stocks exploding higher. Some names, like Nvidia (NASDAQ:NVDA) are a real driving force in AI. Others are just over-hyped AI stocks riding the coattails of giants ever-higher. Either way, we’re starting to see frothy price action among risky AI stocks, which has indirectly also been pushing
As the race to survive in the electric vehicle world tightens, it’s probably time to consider with EV stocks to avoid. Besides Tesla (NASDAQ:TSLA) which is already a leader, there are several other EV makers who are trudging through the initial years of growth. However, the crowded market may make it difficult for many companies
This week’s job report has turned around investors’ confidence, as America’s jobs market is staggeringly strong. Employers added 339,00 jobs in May – more jobs than the US economy has added in a month since 2019. The Bureau of Labor Statistics reports that payrolls increased by 217,000 jobs in March, and 294,000 in April. Analysts
The price performance of Nio (NYSE:NIO) stock has been horrendous over the past year. However, NIO stock might have performed even worse, if not for the “growth resurgence” narrative. It’s one of the few things keeping shares in this China-based electric vehicle maker from capitulating. Bullish investors who have subscribed to management’s aggressive guidance have
Owning Meta Platforms (NASDAQ:META) stock was one of the biggest mistakes of 2022. It tossed tens of billions of dollars in developing something it couldn’t even define, “the metaverse.” It’s one of the best deals of 2023, because all that effort is being redirected and called “artificial intelligence.” Shares that were worth nearly $380 each
When you think of Stellantis (NYSE:STLA), you might immediately recognize it as the manufacturer of the Dodge Charger. That’s known as a gas-guzzling muscle car, but the times are changing and Stellantis is an adaptive automaker. Sure, there are downside risks to owning STLA stock, but you might overlook them after delving into Stellantis’s business
While Wall Street appears pleased with the latest hotter-than-expected jobs report, investors might benefit from the best defensive stocks to buy. At first, such a notion seems overly pessimistic given the robust labor market readout. However, it’s also important to consider the implications of such data. Basically, people enjoying gainful employment implies more dollars chase after
Some of the most promising penny stocks are up-and-coming and just just getting started. The world of penny stocks is all about speculating which young firms have the potential to become the next big companies. The risk is well known. Penny stocks are volatile and the potential for losses is generally greater overall. But so