Artificial intelligence (AI) is no longer just a buzzword. The revolutionary technology underpins a boom in various industries, laying fertile ground for AI stocks. AI remains an innovative force driving transformative changes, from voice and facial recognition to fraud detection and pattern recognition. A recent report from McKinsey on generative AI presents an eye-opening picture
Stocks to buy
In arguably most cases involving expert financial advice, you will encounter guidance toward established enterprises, not up-and-coming stocks to buy. While the latter category certainly dials up the heat in terms of overall sexiness, some folks just can’t handle adventurous portfolios. And that’s totally fine – we’re all different. Nevertheless, for those that have the
Now is a great time to accumulate top undervalued biotech stocks. For one, the sector is recession-proof. That’s because we can’t stop people from aging, or from seeking healthcare needs. Two, we have an aging population demanding better treatment options. Three, with all the demand, analysts say the global biotech market could be worth about $3.44
Recession, interest rates, employment, and the housing market – American consumers are weighing the futures of all these topics. Apprehension has led to a fallback in spending. A June survey released by CNBC and Morning Consult found that 92% of Americans are pulling back their spending due to inflation and growing concerns about an economic
Are you in search of tech stocks with long-term investment potential? The year 2023 has witnessed a remarkable resurgence in the tech sector, following a sluggish performance in 2022. As of June 28, the Technology Select Sector SPDR ETF (NYSEARCA:XLK) is up 37.80%, handily outpacing the S&P 500, with its year-to-date returns of 14.04%. As
Normally investors are advised to “buy the rumor, sell the news.” However, there are times when buying the news can be a smart play. A good example is emerging as it relates to high-potential stocks in the financial technology (fintech sector). As part of the Fiscal Responsibility Act that put an end to the debt
As if the AI mania weren’t hot enough already… On this past Wednesday, June 28, the world’s largest asset manager – BlackRock (BLK) – threw its full weight behind the AI trend. It called artificial intelligence a “mega force” that will be “a big driver of returns.” BlackRock has about $10 trillion in assets under
Cathie Wood, the visionary investor and founder of ARK Invest, focuses on disruptive companies at the forefront of innovation. With a keen eye for growth potential and an unwavering belief in transformative technologies, Wood has identified stocks that can reshape and lead industries and deliver substantial returns. This article delves into three of Cathie Wood’s current top-growth
Psychedelic stocks have a bright future with 13.5% compound annual growth expected through 2029. That growth will certainly draw in investment funding that seeks to capitalize on growth, as psychedelic drugs quickly become a hot topic in the mental health space. Consumers are increasingly interested in mental health and overall awareness is increasing. Mental health
Generally speaking, financial advisors will often direct you to reliable enterprises though, for certain folks, high-growth stocks may make more sense. That’s particularly true if you’re part of the younger crowd. Here, with time as an advantage, growth investing becomes quite intriguing. Indeed, to achieve a robust retirement, carefully researched high-growth stocks for young investors
Today’s tech stock investors want exposure to the artificial intelligence market. Does The Trade Desk (NASDAQ:TTD) stock meet that requirement? Indeed it does. The Trade Desk’s management clearly understands the significance of machine learning tech in 2023. All in all, TTD stock gets a solid “B” rating and has the potential to move higher in the
At one point in time, tech stocks took center stage and became an integral part of every investor’s portfolio. During the pandemic, they offered unique solutions and enjoyed big rewards in terms of investor interest, higher revenue, and increasing market valuation. However, the past year was unkind to the tech industry. Inflation and concerns about
The iShares Micro-Cap ETF (NYSEARCA:IWC) is the crème de la crème for finding the top micro-cap stocks to buy. The ETF tracks the performance of the Russell Microcap Index, a collection of the smallest securities in the small-cap Russell 2000 index. Currently, IWC has 1,655 holdings with market caps ranging from $4 million to $4.9 billion. The
Lucid Group (NASDAQ:LCID) is one of the top EV stocks to watch. Indeed, this sector has been on fire lately. However, a two-year chart shows a rather precarious position many companies find themselves in, with LCID stock well off its peak. That said, there are reasons many investors are looking at Lucid right now. This
In the grand scheme of investment strategies, high-risk, high-reward stocks offer a certain charm. However, if investors succumb to a lack of understanding of the inherent risk, they can be caught off guard by a market downturn. The key to owning these volatile stocks is not simply the thrill of potential significant gains but a
All the talk right now is about interest rates, a potential recession and whether we’re still in a bear market. For young investors, they need to think about long-term investments, not about the next few quarters. There are so many stocks for 30-year-olds to consider, so narrowing down just a couple of names is not
There was a time when the internet was new to us and we had no idea how important it would become in our lives. The same is happening with artificial intelligence right now. It is slowly taking shape, and while we may not know how it will change our lives, it could become an integral
There’s no denying that Palantir Technologies (NYSE:PLTR) stock provides exposure to the artificial intelligence trend. However, there are valid concerns that PLTR stock has run too high, too fast. So, be sure to time your entry point carefully if you plan to invest in Palantir Technologies. Palantir Technologies provides security products and serves both public and
Many investors know that 2021 was a record year for initial public offerings (IPOs) in the United States. Of course, last year brought a near-complete halt to this space, with many must-watch stocks slated for IPOs putting off their plans, waiting for higher prices to materialize. As it happens, 2023 has brought those higher valuations.
The U.S. gross national debt exceeded $32 trillion on June 16th for the first time. This $32 trillion threshold was achieved 9 years earlier than pre-pandemic predictions indicated, mainly to the utilization of trillions of dollars in emergency funds. The House Appropriations Committee began considering its next spending bills, and if the individual bills are