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When stock markets ended the first quarter of this year with strong gains, speculators bought the most short-sold stocks. They bet that despite the deteriorating business conditions, the stock would overcome unfavorable valuations. Although bears hold a high short float against the stock, traders are betting on a short squeeze. The stock price rises rapidly
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During March, Amazon (NASDAQ:AMZN) stock moved higher. That’s not surprising. Other tech stocks, including this tech giant’s main peers, performed well during the month. In fact, some of them performed even more strongly, making the gains with AMZN stock over the past few weeks (around 10.5%) seem modest by comparison. There are manifold reasons for
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While sustainability motives drive some investors, the clean energy megatrend presents financial opportunities for all investors. It’s undeniable that significant capital is being invested in creating a greener future, as concerns about the effects of climate change on the worldwide economy grow. This capital influx will drive growth for publicly traded companies involved in clean
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The clean energy business is likely to have positive tailwinds beyond the decade. Within this broad classification, there are several attractive themes to consider. Electric vehicle (EV) stocks are one such sub-segment that will create long-term gains for investors. Within this segment, there are some undervalued battery stocks that look particularly attractive right now. Global
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Historically, investors looking for growth stocks to buy found the best opportunities during economic expansions, which generally coincided with lower interest rates. That was true of the most recent era as the Federal Reserve held interest rates near zero. As a result, growth stock valuations increased with investors reaping the rewards.  However, inflation at 40-year highs
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While the inflation volcano and the geopolitical crisis of Russia’s invasion of Ukraine bolstered energy stocks to buy last year, in the new year, circumstances don’t seem so auspicious. With the Federal Reserve committed to tackling rising prices through interest rate hikes, commoditized products – including energy resources – seem destined to decline. To be
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Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable
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Like many other financial institutions, Ally Financial (NYSE:ALLY) is dealing with the mistrust of skittish customers. Yet, ALLY stock should recover this year, and the company’s customers need not worry. After all, Ally Financial is well-capitalized and has a business model that should allow the company to withstand the current banking crisis. Based in Michigan, Ally
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While it’s always good to have decent exposure to investments yielding passive income, you also want to consider reliable dividend stocks with low-payout ratios. By that, I’m referring to enterprises that pay their dividends via a relatively small pool of their earnings. Generally, companies that feature a payout ratio between 20% to 50% offer confidence
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Although the fallout from the banking sector appears to have faded, investors still should consider stocks to buy that can weather storms. Understandably, this narrative runs counter to the apparently prevailing wisdom of the moment. For example, even legendary hedge-fund manager Michael Burry stated that he was “wrong to say sell.” Nevertheless, let’s look at
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To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ:LCID) and LCID stock are headed for much worse fates than Nikola (NASDAQ:NKLA) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID. Unless Lucid can change its overall strategy or suddenly create buzz about itself and
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Will app-based bank SoFi Technologies (NASDAQ:SOFI) go down the tubes during the financial sector meltdown of 2023? Or, will SOFI stock stage a jaw-dropping recovery amid the chaos? Investing in SoFi Technologies certainly isn’t risk-free, but the potential payoff could be astounding. It may be tempting to lump SoFi Technologies in with some failing regional banks.
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