Stocks to buy

Rivian Automotive (NASDAQ:RIVN) is a U.S.-based electric vehicle producer gearing up to release its second-quarter 2024 earnings after the bell on August 6. Based on its key financial and operational indicators, Rivian stock is a ‘Hold’ going into the upcoming earnings report. Production and delivery figures have met expectations, yet profitability still needs to be
0 Comments
It is not too often that investors witness the birth of a new industry. Aviation, however, is on the cusp of transformation. Electric vertical takeoff and landing (eVTOL) aircraft are poised to take over taxiing people on short-haul flights. While we are still years away from seeing electric commercial airliners, what are essentially flying cars
0 Comments
High-growth cloud computing stocks have been all the rage in recent years, with pure-play cloud companies posting jaw-dropping growth numbers. However, the recent selloff we’re seeing in certain tech segments, and the global pressure that’s been building for equity markets, are providing a harsh reality check for investors. Many cloud stocks are currently trading at
0 Comments
Cannabis stocks initially sounded like a compelling opportunity when Canada became the first G7 nation to legalize recreational marijuana. At the time, the popular belief was that the U.S. would eventually follow suit. After all, the war on drugs has largely been a failure. Concerns also sprouted to the forefront about the social injustices tied
0 Comments
Big Tech companies are spending huge amounts on artificial intelligence (AI) in efforts to benefit from deploying the technology down the road. According to The Financial Times, Big Tech firms increased their capital expenditures by 50% in 2024 to $100 billion in order “to build the infrastructure supporting artificial intelligence.” Among the firms benefiting from
0 Comments
The electric vehicle industry is experiencing challenging times. Macroeconomic headwinds have impacted growth, and intense competition has translated into margin compression. Sentiments have changed from bullish to significantly bearish. However, if there was a time to buy quality EV stocks, it’s now. This column focuses on three EV charging stocks to buy that are moving towards
0 Comments
Telemedicine stocks could do no wrong during the pandemic. With millions on lockdown and still in need of medical care, telemedicine stocks, like Teledoc Health (NYSE:TDOC) ran from about $80 to a high of $288.80.  At the time, with the pandemic showing no signs of cooling, analysts at McKinsey estimated “that up to $250 billion, or 20% of all Medicare, Medicaid, and commercial outpatient,
0 Comments