This year has started on a highly optimistic note, and we are seeing the results in the stock market. The Nasdaq is on a spree and has hit a new high for the first time since 2021. That means the bull run has already begun and we should be ready for surprises. The rally is
Stocks to buy
When assessing the viability of contrarian stocks, it’s generally better to go against the crowd, not against analysts. Retail investors can sometimes get sucked into groupthink. However, analysts peg their reputations (and their livelihoods) on their calls. So, they don’t usually make reckless recommendations. Further, when an analyst issues a sell rating, that almost always
Cyberattacks are increasing in sophistication and frequency. CrowdStrike’s (NASDAQ:CRWD) 2024 Global Threat Report highlights a concerning increase in covert activity within the cyber threat environment, with a notable surge in cloud incursions by 75%. In the middle of these increasing attacks, cybersecurity stocks rated a strong buy offer healthy sustainable growth for prospective investors. These
Despite enthusiasm from Mark Zuckerberg that ultimately led to the rebranding of Facebook into Meta (NASDAQ:META) in late 2021, the metaverse’s time in the limelight was short-lived before a generative artificial intelligence (AI) boom in 2023 drove investor sentiment elsewhere. Another confounding factor surrounding metaverse hype was the primitive technology being showcased as a “groundbreaking”
Money managers are dumping Nvidia (NASDAQ:NVDA) stock. With shares already up 90% in 2024 and having more than tripled over the past year, the chipmaker is getting pricey. While tremendous growth potential remains for its business, NVDA stock’s valuation suggests it is grossly overvalued. By how much? When companies use free cash flow (FCF) to
Many corporations are investing heavily in artificial intelligence (AI). The technology is helping people become more productive and access more information. Investors can capitalize on any industry that is drawing more capital for themselves. Investors have caught on to the AI boom. Corporations can see nice boosts in their stock prices just by mentioning the
If you’re searching for explosive stocks, you’re probably intrigued by that enticing title – who wouldn’t want to turn a modest $10,000 investment into a cool million dollars by 2030? But before chasing the latest hot stock, it’s important to understand the risks of betting on short-term surges versus the rewards of buying quality for
Thanks to the surge in interest in AI stocks, 5G has moved out of the spotlight. You don’t see as much interest in strong buy 5G stocks as you did a few years ago. However, that doesn’t mean there aren’t opportunities for 5G as it rolls out worldwide. CNBC recently reported that even though telecoms
For the past few issues of Hypergrowth Investing, we’ve talked about how both the U.S. Federal Reserve’s and Congress’ decision-making could ignite a huge boom in a tiny subsector of stocks. And today, we’ll dig into another factor – unrelated to the government – that should supercharge these stocks: artificial intelligence (AI). Now, if you’re
Taiwan Semiconductor (NYSE:TSM) stock is the backbone of the burgeoning semiconductor industry. As the world’s leading contract chip manufacturer, TSMC produces the chip that powers everything from smartphones and laptops to advanced AI applications and electric vehicles (EVs). Wall Street remains bullish on the company’s growth prospects in FY24, as AI tailwinds suggest strong growth
Microsoft (NASDAQ:MSFT) stock, historically known for Windows and business software, continues to innovate into new niches. The company’s business model is one that’s well-suited to AI-related integrations, and the company has done just that via its large investment in OpenAI and its ChatGPT large language model. Generative AI has the ability to re-shape much of
In the electric vertical takeoff and landing (eVTOL) world, Joby Aviation (NYSE:JOBY) stock remains a top stock I think long-term investors should focus on. Based in California, Joby aims to create scalable eVTOLs for short-distance passenger and cargo transport. Recent partnerships in California, New York, and Dubai hint at Joby’s potential in the emerging industry.
EV stocks have been some of the worst performers over the past two years. While a handful of EV companies have held their ground, the broader EV sector has sorely lagged the overall market. Why the sluggishness? Well, high interest rates have put a chokehold on the entire EV industry. With the cost of borrowing
The tech sector continues to soar as artificial intelligence gains ground. That isn’t the only story but it is one of the primary reasons that up and coming tech stocks could become the next superstars. Thematic investors continue to pile into all things artificial intelligence and machine learning. The sector isn’t without problems as many
The Dow Jones Industrial Average is the oldest stock market index, and one in which the highest quality companies invest. Although investors sometimes regard the Dow as a boring index, plenty of stocks brim with excitement. Remember, the boring trait is valuable during corrections due to the defensive qualities of its blue-chip stocks. Also, some
Here’s the deal with stocks to turn $1,000 into $1 million: if you want to play, you gotta pay. I’m not just talking about the price of the securities themselves. Indeed, these lesser-known enterprises are relatively low priced. No, the cost comes in the fact that extreme speculation such as this involves an inverse relationship.
Today we will be looking at three penny stocks with the power to 10x your $1K investment. The three firms discussed below have outsized potential to turn a small capital allocation into a much larger return. Two of the three firms discussed below have very strong catalysts on their side. The other operates in the
Not too long ago, I came across an article about commercial property opportunities and my mind immediately went to REIT stocks or securities tied to real estate investment trusts. It wasn’t so much about the story but the public comments that made the content memorable. Apparently, experts in the field believe that there’s a massive
One of the riskier but incredibly compelling opportunities, robotics stocks could be poised to mint new millionaires. It all comes down to the projected numbers. According to Precedence Research, the global robotics technology market reached an estimated valuation of $72.17 billion in 2022. Further, experts believe that the segment could expand to $283.19 billion by
It doesn’t seem like it based on the mercurial valuations of certain innovators but a rotation away from technology could open doors for stocks hedge funds are buying. Basically, it may be time to consider following the money. According to a Reuters report, investors dumped tech stocks at the fastest rate on record. Not only