Though some of the hype has died down, artificial intelligence (AI) is continuing to propel this year’s market rally. After a short-lived pullback in August, technology stocks are once again gathering steam as the growth and adoption of generative AI drives revenues and profits. The market opportunity looks huge. Fortune Business Insights predicts that worldwide
Stocks to buy
Editor’s note: This story was previously published in September 2022. It has since been updated to include the most relevant information available. Around the world, commutes are getting slower and more grating. A study from TomTom released earlier this year shows Londoners have it the absolute worst, taking 36 minutes and 20 seconds to move 6.2
The rally we’ve seen in previous weeks has given investors a breath of fresh air, but I believe volatility is likely to persist over the next few months. With the Federal Reserve committed to further rate hikes, turbulence could easily return to the markets later this year. While I don’t foresee an imminent recession, taking
Many investors are more concerned with dividend payments and yield than with share price appreciation. Dividends can form an important source of income for investors and are often more dependable than volatile markets where share prices can abruptly rise and fall. Taking sizable positions in high-paying dividend stocks provides peace of mind to investors who
The quest for stability and growth always leads investors to seek refuge in the unshakable foundations of fundamentally solid stocks. Here, the article lists three tech giants that aren’t just weathering the economic uncertainties but also thriving amidst them. What is the key to their strength? An unwavering focus on innovation, operational excellence, and artificial
There’s no doubt about it: 2023 is A.I.’s breakout year. It is one of the latest technologies many businesses are slowly adopting and integrating into their products and processes. The technology may seem to have sprung out of a science fiction movie or novel, but we are witnessing the product of decades of research based
Growth stocks in the technology sector have led the market to rebound in 2023. After companies like Nvidia and Amazon reported blow-out earnings results, investors are on the hunt for the next no-brainer growth stocks. Artificial intelligence, cloud computing, and payments are all set for rapid growth over the next decade. The global artificial intelligence
Electric vehicles have been gaining momentum, and battery stocks are now on the radar. Tesla (NASDAQ:TSLA) shares have surged by over 950% within the past five years. Investors look for similar opportunities when a stock has that type of moment and rewards long-term investors to that degree. Many electric vehicle stocks saw their prices soar in
If you’re interested in finding out about real estate short squeeze candidates, look no further. Interest rates are soaring. The Federal Reserve is still worried about inflation and is keeping monetary policy tight. A potential recession looms. There’s a seemingly perfect storm out there for these real estate stocks to watch. And yet, quite possibly,
The financial sector is undoubtedly one of my favorite sectors. I have always considered it as a completely indispensable sector, not only in the capital markets but in our day-to-day life. We will always use money because we make financial transactions every day to eat, buy trinkets or pick up gifts and necessities — absolutely
As the market heats up, it’s time to start to look for undervalued short squeeze candidates Citigroup believes that the S&P 500 index has a target of 5,000 in 2024. This is likely considering the point that the U.S. has evaded a recession. Further, monetary policy tightening is almost over. Given the positive outlook, it’s
For investors who want to capitalize on, and immensely profit from, new trends in the market, they should look no further than the novel Metaverse. The Metaverse is a term that describes a virtual world where people can interact with each other and digital content in immersive and realistic ways. The concept has gained popularity
Financial technology (fintech) is growing at a rapid pace. In addition to payment processing platforms like PayPal (NASDAQ:PYPL) and Visa (NYSE:V), the sector helps companies automate traditional accounting and financial tasks. And as artificial intelligence (AI) continues to expand, it’s time to look at fintech stocks with huge potential. Similar to the AI sector, there
There are several signs that the economy is improving. Inflation is coming down and interest rates could soon follow. However, as an investor, you need to be prepared for it all. In inflation or recession, you should build a stock portfolio that can thrive over the years. If you are an income investor like me,
As always, the market has recently been abuzz with electric vehicle (EV) talk. Despite economic concerns, the EV market displays remarkable momentum, surpassing 10 million sales in 2022 and another 35% jump projected by the end of 2023. EVs on the road are projected to cut global daily oil consumption by five million barrels daily
Nvidia (NASDAQ:NVDA) proved the artificial intelligence (AI) boom is here to stay. Revenue jumped by 101% year-over-year, as net income soared by 843% year-over-year. While these growth rates won’t last forever, they are here right now and can make Nvidia’s valuation more manageable in future quarters, especially for investors who scoop up shares at current price levels.
While artificial intelligence may be all the rage, investors seeking the top AI stock picks must be more careful now. Of course, you should always apply caution to a promising but wild sector. However, much of the low-hanging fruit among leading AI companies has been plucked. Moving forward, investors must be judicious with their AI
The United States economy’s second-quarter growth was slightly slower than expected at 2.1%, a favorable development for the Federal Reserve’s goal of curbing rising prices. There is a lasting positive outlook, with inflation trending downwards and GDP growth signs as the Federal Open Market Committee (FOMC) has aimed to achieve a 2% inflation target without
Fundamentally, the concept of targeting big money growth stock picks centers on a central theme: obviously, to make money. However, what makes institutional growth stock buys distinct from other methodologies is the indirect leveraging of resources. When you’re talking about the stocks the pros are buying, they do this stuff for a living. And while
Certain names constantly garner attention in the fluctuating realm of stock trading, and among the most intriguing are the preferred stocks of Michael Burry. Irrespective of personal reservations, Michael Burry is a testament to savvy investing. Sure Dividend analyzed that those following Burry’s investments would have made an astounding 56% annualized returns from May 2020