Stocks to buy

If the market’s dramatic shifts this year leave you discombobulated, you’re not alone. But, despite widespread overvaluation across a range of tech stocks, plenty of cheap blue-chip stocks are ready to offer the portfolio stability we’re all desperately seeking. Amidst the current rally, we’ve seen stocks rise, plummet and rise again, driving investors toward small-caps,

The tech industry has seen remarkable growth, particularly over the past year, attracting retail and institutional investors. Identifying promising prospects is crucial for those seeking the following significant tech investments. From semiconductor leaders shaping vehicle electronics to AI advancements enhancing user experiences, several innovative companies stand out.  Despite April’s tech sector decline, positive earnings surprises

In the 1990s, some of us may have thought we would have had flying cars by now. In 2024, we may not have flying cars like the ones featured in those 1980s science fiction films. Indeed, Blade Runner-esque flying cars seem to be well off the table. That said, a class of intriguing electric vertical

Penny stocks are a horrible investment. Selling for less than $1 per share, penny stocks are cheap for a reason. Many of the companies don’t even have a product or service consumers can buy. Instead, they try to lure investors in with a story about how big they can get one day. The appeal of

When investors talk about gains in the stock market, we usually think of high-flying growth and tech stocks. Over a long enough period, it can be the slow and steady compounders that build true wealth. If you’re looking for stability, exposure to real estate and a steady dividend, then real estate investment trust (REIT) stocks

The retail sector can be broadly divided into consumer staples and discretionary. As the name suggests, staples typically imply essential products used by consumers. On the other hand, discretionary implies luxury or non-essential products. Both these segments are a key GDP growth driver for the U.S. economy. In general, high interest rates have negatively impacted

The S&P 500 and Nasdaq Composite are back in familiar territory, jumping to record highs yesterday. Led by a soft April U.S. consumer inflation print, Mr. Market is now pricing in a couple of rate cuts before 2024 draws to a close. With the market’s risk appetite growing again, it’s an opportune time to load up on the best

Investors looking for breakout stocks to buy that Wall Street already loves should find it easier now that the S&P 500 is near 52-week and all-time highs. The index is up nearly 12% year to date thanks to an almost 5% gain in the past month.  Doing a quick stock screen of stocks in the

The S&P 500 is the most recognizable index in the stock market. Many investors use this index as a benchmark to determine if their portfolios are outperforming the stock market. The S&P 500 consists of profitable large-cap companies. While investing in an S&P 500 ETF can simplify your portfolio, these ETFs have a major downside.

Penny stocks to buy can be rewarding if you can spot the right ones. Unfortunately, most have a history of burning investors. That’s because many are never the “bargain” they appear to be. And oftentimes, the shares are cheap for a good reason.  Unfortunately, what you’ll find most times with penny stocks is an unproven

Being dynamic in stock market investing is crucial, especially given the recent vibrancy of online platforms. Platforms such as Robinhood Markets (NASDAQ:HOOD), among others, wield significant influence over stock market trends. With more than 11.9 million on its platform, it has the power to create unique opportunities and risks for its growing user base. Hence,

The meme stock season seems to be back. Novavax (NASDAQ:NVAX) has surged over 200% in the last month, with big gains coming in a few trading days. GameStop (NYSE:GME) stock has also skyrocketed more than 290% in the last month. These are just two examples and speak volumes about the ferocity of the rally. Of

Over the past 18 months, shares of online used car dealer Carvana (NASDAQ:CVNA) staged a miraculous turnaround. Many expected to hear about a bankruptcy filing, not a rally. But beginning in January 2023, Carvana stock did just that and rocketed over 2,400% higher. The stock has already more than doubled so far this year. Furthermore,

Restaurants’ gross margins are increasing because the prices that they pay for goods, services and labor are no longer rising rapidly. Some of their costs are increasing slowly, while others are falling. Instead of lowering prices in response to their easing cost pressures, restaurant chains are reporting higher profits and/or buying back their shares. For

Too often spinoff stocks don’t perform well out of the gate. Because an investor bought the business of the parent company, he doesn’t care too much about whatever side project is being shed. When the spinoff stock shows up in his account, he sells it and banks the “free” cash. However, investing legend Joel Greenblatt

When policymakers pursue rate cuts, the main idea is to lower the cost of money for businesses and consumers. This translates into higher investment and consumption spending and GDP growth accelerates. However, the unintended consequence of easy money is higher speculative activity across asset classes. Therefore, with the possibility of rate cuts in the second

Finding stable investment options is essential for investors looking to grow despite market volatility in today’s unpredictable environment. Three companies emerge as strong contenders for a swift recovery. The first business is growing steadily in the direct-to-consumer (D2C) market, gaining subscribers and broadening its reach internationally. With a strategic expansion into nearly 40 countries and

Quantum computing has the potential to usher in a new era of computing power. While the market is still digesting the ongoing artificial intelligence (AI) revolution, they have yet to focus in on the next big discovery. Remarkably, quantum computers have the ability to perform optimization and predictive tasks faster than conventional computers. They do

Quite often we read about societal pressures that have driven the increased use of everything from narcotics to gambling to even the reemergence of nicotine and tobacco. Unfortunately, with many of the economic difficulties of the 21st century, young people, now more than ever, rely on substances and thrills to get through the day. All

Air travel has been an example of an economy that is becoming increasingly divided. Despite evidence that consumers are cutting back on discretionary spending, such as airplane flights, other data shows that demand for air travel continues to grow. That means it’s time to look at cheap airline stocks that may benefit from this trend.