It was always a matter of time before Nvidia (NASDAQ:NVDA) stock broke through the trillion-dollar threshold. It was simply when, not if. The rise of AI finally propelled the chip stock across the threshold earlier this summer. Today Nvidia is valued at $1.15 trillion and the question naturally arises, can it become a $2 trillion
Stocks to buy
Agriculture stocks have been experiencing a downturn due to declining crop prices and high costs associated with interest rates. This may offer an opportunity to get into some undervalued agriculture stocks looking to gain from precision agriculture. However, a little patience may be worth the wait as the U.S. Department of Agriculture predicts a 23%
The holidays aren’t usually hot for tech stocks, except for well-known eCommerce companies like Amazon (NASDAQ:AMZN). However, that represents a buying opportunity for investors. Shoppers seek consumer discretionary and similar stocks for their holiday portfolio and leave quality tech stocks aside. This is making way for the best tech stocks to buy. What’s more, 2024
Dividend investing is a very common strategy for long-term investing. It is a great source of passive income for investors looking to set aside capital and allow it to grow, compound and be reinvested. Searching for high dividend-yielding companies that are robust and financially stable can be a difficult task. This is due to the
Bitcoin (BTC-USD) and Ethereum (ETH-USD) are staples for investors, but potential millionaires may find small-cap altcoins intriguing. These tokens carry higher risks and limited regulatory protection, offering a speculative yet thrilling opportunity. However, anticipated events, including significant halvings and potential interest rate decreases, set the stage for substantial crypto value surges. As Bitcoin soared, investors
Amid challenges like high interest rates and inflation, top-performing stocks have displayed resilience this year. As economic pressures are anticipated to ease, the Russell 2000 Index is poised for a revival, offering an opportunity to delve into promising stocks to watch. Analysts have identified three top-rated stocks with the potential for significant gains in the
We are almost at the end of the year, and what a year this has been! High inflation, high-interest rates, fears of a recession, and low consumer spending continued to remain at the top of our minds, but I believe the worst is over. This means it’s time for many forward-looking investors to begin their
Small-cap stocks are ready for a 2024 resurgence as investors’ risk appetite grows but mega-caps remain somewhat overvalued. Small-caps have had a tough year thus far, though, as evidenced by the Russell 2000 returning a slim 7% since January. But that’s about to change. Intelligent investors are poised to snag some small-caps within the Russell
Artificial intelligence (AI) continues to shape the future of technology. The advent of generative AI in 2023 promises to fundamentally reshape the world. The future of technology has also fundamentally changed, and the speed of innovation is likely to only accelerate. The advent of technologies, including generative AI and conversational AI, is reshaping entire industries.
Lithium stocks can fill numerous holes in an investor’s portfolio. Not only is the spot price of lithium expected to rise substantially shortly, which gives it growth characteristics, but many lithium stocks also pay substantial dividends and have operations based outside of the United States. This combination of qualities makes lithium stocks attractive options for
In the bustling AI arena, where innovation is the currency and adaptability is the key, three of the top AI stocks have emerged as titans, steering the world towards an imminent trillion-dollar future. Their fundamentals are vividly depicted in their fiscal performance. They encapsulate a narrative beyond numbers, embodying resilience, strategic prowess and an unwavering
The holiday season is around the corner. Some argue that this is one of the most awaited festivities of the year, bringing most families together during this yuletide season. People plan to travel to their cherished hometowns or a new destination for a holiday getaway. Either way, it provides investors with opportunities to take advantage
Fortune reported in November that rent is cheaper than mortgages in 95 out of 97 major metropolitan areas in the U.S. These rental market trends were from Bank of America’s economists. “[T]heir analysis found that ‘rent was still cheaper than mortgages in all but two of 97 major Metro Areas,’ as of October, despite the
In the stock market, value is often found in places that other investors might miss. So, the first main quality of hidden gem stocks is their undervaluation. Next, they must have substantial earnings growth potential. Investors want growth since growing earnings usually means a growing share price. However, these stocks are not easy to discover.
Many bargain-priced mid-cap and micro-cap penny stocks are trading at highly-discounted levels right now. With the recent cooler-than-expected PCE inflation read, markets are now pricing in just a 2.5% chance of another Fed rate hike. These numbers include a 60% chance of a cut as early as March. Accordingly, I believe now is an opportune
In the fast-evolving landscape of technological investments, robotics stocks emerge as a captivating opportunity for investors seeking growth. The global economy is witnessing a transformative shift, largely driven by companies excelling in automation and robotics. With the robotics market on a significant upward trajectory, experts project its value to reach a staggering $37.37 billion this
In the rapidly evolving healthcare sector, the idea of personalized medicine stocks stands out, revolutionizing patient care by tailoring treatments with their individual genetic profiles. These stocks highlight the trend of focusing on genetic and molecular characteristics, promising more effective healthcare solutions. This trend transcends medical innovation, marking its territory as a burgeoning economic powerhouse.
I think 2024 will be the year small-cap stocks win big. We’re already seeing tailwinds lift the stock market closer to past highs, but (valid) criticism points to just a handful of mega-cap stocks driving most of the momentum. But, for many investors, risk is back on the table. At the same time, companies like
Joby Aviation (NYSE:JOBY) gained significant traction, surging more than 70% year-to-date. Achieving a groundbreaking feat, the company conducted New York City’s inaugural electric air taxi flight in collaboration with Delta Airlines (NYSE:DAL). This milestone positions New York as a key early market for JOBY stock and could be the launch pad for new markets moving
As a new year approaches, now may be the time to pounce on the best penny stocks to buy and hold throughout 2024. It’s safe to say that “penny stock territory,” is well-populated. According to Finviz, there are nearly 1900 stocks listed on major U.S. exchanges that trade for $5 per share or less, thousands