Don’t prematurely assume that Mullen Automotive (NASDAQ:MULN) stock is headed for the market’s junkyard. The electric vehicle manufacturer is striking back at the critics and even some of the MULN stock short sellers, so a turnaround may be imminent. I’ll be the first to admit that I’ve been wary of Mullen Automotive as an investable
Stocks to buy
The United States economy has been resilient thus far, as the job market and corporate earnings have been strong. As such, aggregate earnings for S&P 500 companies rose 0.1% in the first quarter, exceeding analysts’ forecasts of a 5-6% decline three months ago. Consumer spending has remained remarkably strong despite this inflation, and demand for
In retirement, investors need income and stability. While bonds provide income, they might lack adequate appreciation to grow an investor’s nest egg. In contrast, cheap retirement stocks are important portfolio components that provide potential appreciation and income. According to Hartford Funds, dividends have comprised a large share of market returns. Therefore, investing in retirement stocks must
The battery market is experiencing steady growth these days. The reason behind this boom is the increasing adoption of electric vehicles and the growing need to store renewable energy. With this scenario in mind, investing in battery stocks could be a very wise strategy for investors who want to take advantage of this upward trend.
Investing in cheap semiconductor stocks offers significant potential for growth driven by increasing demand for automotive, energy storage, robotics, artificial intelligence, and machine learning. The global semiconductor market has seen tremendous growth in recent years, projected to become a trillion-dollar industry by 2030 (McKinsey, 2022). This is a result of high single-digit to low double-digit
Millionaire maker tech stocks boils down to one central theme: banking on the inevitable growth of the broad innovation space for potentially significant, even lifechanging returns. Of course, there’s a huge difference between selecting the right sector versus picking the right individual securities. To be quite blunt, to assume that investing in tech stocks as
While many of the best cybersecurity stocks suffered amid the 2022 bear market, we’re seeing a big rebound in this group now. Part of that is due to the current big rally within the Nasdaq and tech stocks. However, a major contributing factor has to be growth. I don’t just mean “growth” in the typical
Identifying reliable dividend stocks can be challenging, but they offer potential long-term investment opportunities. Companies with a track record of consistent dividend growth in stable or growing industries are particularly attractive. Dividends have historically played a significant role in overall market returns. However, it’s important to acknowledge that no stock’s future earnings can be predicted
One thing that you always have to be aware of with dividend stocks is the yield. Yes, high-yielding stocks are appealing. But often, a dividend stock has an outsized yield because the stock price tumbled, robbing you of returns. What you want are safe high-yield dividend stocks. Safe high-yield dividend stocks may not have a
Nvidia (NASDAQ:NVDA) made headlines by becoming the first chipmaker to achieve a $1 trillion market capitalization. With its stock surging more than 10,870% over the past decade, some investors may consider taking profits. However, the question remains whether Nvidia has the potential to double its market cap and reach $2 trillion in the coming years.
I used Bard AI to help recommend blue-chip stocks for July. Right off the bat, it’s clear that Bard isn’t considering recent events in recommending the shares it has. Most of the rationale it offers in picking the shares centers on long-term factors. That’s fine, given that long-term investing produces better average returns. But it also suggests
The outlook for the S&P 500 index is optimistic for the next 12 months. Over this period, the index is likely to trend higher by 9.3%. Without a doubt, there will be undervalued blue-chip stocks and growth stocks that will witness a significant rally. It’s a good time to remain invested in fundamentally strong names that trade at a valuation gap.
Bloomberg Opinion contributor Leticia Miranda recently discussed how the sneaker bubble was bursting, and Nike (NYSE:NKE) will be hugely affected by this cataclysmic event. That’s not good news if you’re considering investing in footwear stocks like NKE. Miranda states that Nike was a major beneficiary of the consumer largesse delivered in the form of pandemic
As we brace for a potential recession looming on the horizon, many investors are recalibrating their portfolios in search of low-risk stocks. If you’re in sweats thinking about financial risk, and your concern rests with capital preservation, you might want to avoid high-flying growth stocks. To be fair, growth stocks should hold a pivotal spot
Some stocks have skyrocketed year to date. Indeed, shares of some technology companies more than doubled over the last six months. This rally has been fueled by improving investor sentiment and excitement about artificial intelligence. These hypergrowth stocks appear to be carrying their momentum into the year’s second half, continuing to rally to new heights.
For the next decade, lithium is gold. If the Millionaires’ Club is one of your aspirations, continue reading about these lithium stocks that are worth holding for the long term. To elaborate on my point related to lithium, the following estimate is worth noting. By 2035, the global lithium supply gap is expected to be
The past year provided a peek into the future of biotech and healthcare. Megafirms like Medtronic (NYSE:MDT) led the way, partnering with tech giants such as Nvidia (NASDAQ:NVDA), to develop AI-powered solutions to medical problems. While these mainstays take advantage of artificial intelligence and machine learning, they aren’t the only opportunities for savvy investors. A
Any industry or business that’s related to energy transition is poised for multi-fold growth through the decade. Be it electric vehicles, energy transition metals, or the green hydrogen economy. With the markets in a recovery mode after a deep correction in 2022, it’s a good time to accumulate energy transition stocks. This column focuses on
The market is now in its second half of 2023 and what a roller coaster ride it’s been. We’ve seen stocks fly high and plummet due to high inflation, aggressive interest rate hikes and a devastating banking crisis. With such high-impact issues beating down on investor portfolios, finding sustainable income and growth is a challenge
Companies are continuously facing new challenges on the cybersecurity front as hackers constantly find new ways of attacking firms’ systems. Moreover, Gartner, the highly respected IT research firm, predicts that “By 2025, the consumerization of AI-enabled fraud will fundamentally change enterprise attack(s).” Also noteworthy is that, in this very tight labor market, hiring a sufficient