Throughout 2023, demand for next-generation GPUs and CPUs soared as companies sought to power their new AI applications. And as a result, AI chip stocks offered some of the best ways to play the emerging AI megatrend. Take Nvidia (NVDA), for example. That AI chipmaker saw its stock more than triple last year! Worried you
Stocks to buy
Last year was a decidedly positive one for most growth stocks. Whether we’re talking about the millionaire-maker tech stocks most investors first think of like the “Magnificent Seven”, or small-cap names, many previous high-flyers took off once again. Moving into 2024, the question is whether this momentum can continue. And while the three stocks on
In the stock market, three giants are steadily on the path to attaining a trillion-dollar market cap by 2028. This has led to this list of upcoming trillion-dollar companies. The first one, the powerhouse behind social media, is leveraging its AI investments to fuel unprecedented growth. The company is at the edge of tech advancements,
Gen Z consists of individuals born between 1997 and 2012. Many articles have depicted this group’s potential to pursue new trends and lifestyles, similar to how many articles have emerged about Generation Alpha. However, many people in Gen Z are reaching the point where they can spend their own money. The youngest people in this cohort
If you’re searching from quantum computing stocks to add to your portfolio, look no further. With disruptive trends in high-tech such as generative artificial intelligence (AI) demanding increased efficiency and speed, quantum computing has become the next hot term investors are talking about with the potential to catalyze the next technological revolution. With quantum computing’s
Apple (NASDAQ:AAPL) stock has sustained a favorable position for over two months, benefitting from a broader market rally. Despite downgrades, some worry AAPL’s trend may be temporary. Robust operations and investor optimism drove a 48.2% increase in AAPL stock in 2023. The stock’s success was attributed to strong investor interest in dependable, high-quality businesses, particularly
Tech stocks can be a great way for investors to achieve outsized returns in the stock market. Over the last decade, there are a number of technology companies that have minted new millionaires. As we transition into a new bull market, now is the best time to position your portfolio for future success. These 3
In 2021, Robinhood Markets‘ (NASDAQ:HOOD) shares soared to $50 as a new wave of day traders embraced stock speculation. However, by 2023, the tide had turned, with speculators shifting focus, and HOOD stock, now valued at $9, trades modestly above tangible book value. On the other hand, Robinhood transformed stock trading, but in 2024, the
The technology space is pulsating with potential, and investors are keenly eyeing AI stocks that promise substantial returns. Three companies stand out as formidable contenders for a staggering 200% rise in this realm. The first one has a solid moat in the cybersecurity domain, boasting a 20% growth rate and a strategic shift towards recurring
Amidst high inflation, interest rates, and reduced EV demand, the U.S. market recorded a record 1.2 million EV sales in 2023. However, Chinese EV producers came out ahead, reporting stellar numbers and leading the way in terms of market share. For cost-conscious investors, exploring potential next-gen EV leaders is vital in 2024. Despite temporary challenges
As the hype around the approval of the first spot Bitcoin (BTC-USD) exchange-traded funds (ETFs) is well and truly over, the sentiment in the cryptocurrency market has cooled appreciably. The Bitcoin fear index now sits at a lukewarm 63, down from 76 just a week ago, which would have been interpreted as an “extreme greed”
I believe that dividend stocks can be worthwhile investments for investors of all risk tolerances and time horizons. These companies add stability to what could be an otherwise volatile portfolio. And, they give more certain returns in the face of unrealized losses for bear markets. Some of the best dividend stocks are also relatively stress-free
Small-cap stocks can be an investor’s best friend in terms of amplifying returns without taking on excessive risk. I like looking at companies with $1-$2 billion market capitalizations. That’s because this group provides ample room for growth, and you’re less likely to find companies that are preparing to go bankrupt. Of course, balancing these small
The market seems to have pumped the brakes on the electric vehicle (EV) boom, which was in high gear in 2021 and 2022. With investors more euphoric over hotter emerging technologies (it’s hard to name anything hotter than generative AI these days!), the broader basket of top EV plays has been a sagging trade of
Undervalued dividend stocks can be one way to kill two birds with one stone. Notably, they provide two routes to returns: dividends and capital appreciation. When both are achieved simultaneously, they can be a powerful compounding force. Not all dividend-paying stocks are good investments. Sometimes, there are risks to high dividend yield stocks, which may
Stronger-than-expected retail sales in December indicate an optimistic future for the U.S. economy and retail stocks. The rise in online purchases has contributed to the solid economic ground, prompting economists to revise growth estimates for 2024. The shift toward online shopping and resilience in the labor market are key factors driving the retail industry, while
Investing in biopharmaceutical stocks is a lesson in quantity and quality. That is, the best pharma stocks have products that are commercially available. These medicines help bring a steady supply of revenue and, more importantly, earnings through the door. That, in turn, can fund future research and development, For the best pharma stocks, this becomes
Tech stocks saw high volatility throughout 2023 but are entering the new year on a high note. The future of the economy looks promising, with inflation cooling and, hopefully, interest rates coming down. Several economists have revised their growth projections for the economy and are highly optimistic about 2024. That means now is the time
Investors are increasingly wanting to reflect their values within their stock market portfolios. There has been a surge in interest in socially conscious investing, and understandably so. However, not all green companies necessarily make for great investments. As we’ve seen over the past year, shares prices have tumbled in categories such as wind and solar,
The semiconductor space has been one of the hottest areas of the tech scene over the past year, thanks to the intense heat generated by artificial intelligence (AI) technologies. Powering the impressive large language models (LLMs) are special chips that have been working overtime of late. As demand for AI (generative, predictive, etc.) rises, so