Stocks to buy

To say the least, 2023 was a challenging year for auto manufacturers. That said, these issues limited upside, creating some undervalued auto stocks to buy. Indeed, last year was tough operationally for auto stocks. First, elevated interest rates squeezed subprime buyers out of the auto market, leaving only high-income, high-credit-quality buyers. The second challenge was

Global military spending for 2023 touched record highs of $2.44 trillion. On a year-on-year basis, defense spending increased by 6.8%. That does not come as a surprise, as there are multiple points of geopolitical friction globally. It’s also likely that defense spending will continue to increase at a healthy pace through the decade. From an

Investing in retail stocks can be a winning strategy in a volatile or stable market. These companies are necessary components of the economy and the strongest brands own a dominant market share in their respective industries. Even if the economy weakens, we all need to shop and purchase goods and products. Since these companies are

2023 tax season has come and gone meaning it is time to consider 2024 contributions to your IRA. That will include some mix of Index and mutual funds, ETFs, bonds, and individual stocks. The maximum contribution in 2024 is $7,000 for those under 50 years of age and $8,000 for those 50 and older. While

Among the many possibilities available, growth-oriented investors find small-cap stocks to be particularly interesting. Here are three small-cap equities, particularly those always searching for clear, significant gains. Each one offers different chances to take advantage of their development potential in the financials, industrials, and consumer staples sectors. The first one sticks out for its strong

After several difficult years both during and after the Covid-19 pandemic, the cruise line industry is finally bouncing back. Cruise operators are reporting record bookings for 2024 as travel demand comes back to pre-pandemic levels. According to the Cruise Lines International Association (CLIA), a record 35.7 million people are expected to cruise this year, up

Cloud computing stocks have outperformed the stock market for several years. The industry still has a good runway based on its projected 16.40% compounded annual growth rate until 2029, leaving undervalued cloud stocks to consider. It’s a scalable industry that offers enticing profit margins once corporations establish themselves as leaders. While investors can choose from many cloud

Dividend investors can produce outsized total returns by investing in stocks with a mix of yield and growth. Dividend growth stocks have the ability to grow their dividends each year, even during recessions. One way to do that is to start with the Dividend Achievers, a group of stocks with at least 10 years of

Investing in dividend stocks is one of the surest paths to building long-term wealth. Those who reinvest dividends compound their returns, building sustainable wealth in the long run.  However, dividend stocks can be pricey, creating an initial entry barrier for investors simply lacking the funds. The good news is that not all dividend stocks are

Betting big on the future is not easy. Investing guru Cathie Wood attempts to discern the big ideas that will shape tomorrow and acts on them by buying large tranches of stock for her Ark Invest family of exchange-traded funds (ETFs).  It requires having a stoic constitution because it means being willing to endure extended

The market is still enamored with AI news, raising the profile of some sectors in tandem with its growth. One of the most promising technologies that can help AI is quantum computing stocks, which continue to gain traction as the tech develops.  Quantum computing is seen as the next revolution in modern technology. It can

Cloud computing has solidified its position as the backbone of modern business operations. This begs the question: what is the best cloud computing stocks to buy? As businesses embrace the era of AI and continue to migrate their operations to the cloud, demand will grow even stronger. Its flexibility, scalability, and cost-effectiveness make it a

No risk, no reward, as the saying goes. While markets generally move in fits and starts, there are some stocks that prove to be multibaggers. These are stocks that are doubling investors’ money many times over and creating millionaires in the process. Often times, these stocks are risky bets and prone to volatility. But for

Investors should keep an eye out for lithium stocks to buy, as they could be poised to rise in the near term. Lithium is used to make batteries for electric vehicles and consumer electronics. The public companies that mine the rare earth mineral have hit major lows over the past 12 months. Oversupply in the

For those willing to take risks like Cathie Wood, Palantir Technologies (NYSE:PLTR) stock is worth considering. Wood’s growth stock investing strategy is highly regarded. Wood’s portfolio includes growth stocks with impressive returns in bull markets.  PLTR stock has moved beyond its meme status with consistent profitability and sales momentum. The decline can’t be attributed to

Advanced Micro Devices (NASDAQ:AMD) hasn’t bounced back from its this year’s tech sell-off. Instead, rather than experience a big surge higher, Advanced Micro Devices stock took yet another big tumble, after its April 30 earnings release. From here, shares in the chip designer may continue to trend lower. That’s bad news for those looking at

It’s been three weeks since Reddit (NYSE:RDDT) priced its shares at $34 for its initial public offering. Reddit stock gained 48.4% in its first-day return. By Mar. 26, it traded as high as $74.90, more than double its IPO price.  One reason RDDT stock did so well early in its run as a public company

After six months of calm, market volatility is increasing. Concerns about inflation, the upcoming election and seasonal weakness pose a headwind for stocks. To prepare for a surge in volatility, it’s advisable to trim your growth stock winners and add some crash-resistant stocks. Savvy investors have many reasons to seek defensive exposure. Due to persistent

As the stock market navigates a temporary dip, savvy investors are looking for cloud computing stocks to buy. Wall Street recently concluded a challenging month with significant declines across major indexes. The S&P 500 fell as much as 5.5% in April and ended the month down 1.6%, marking its first losing month in six. These losses

Editor’s Note: This article was previously published under the title, “How to Profit From Elon Musk’s $18 Billion AI Project” but has been updated to include the most recent information. The global AI Race has begun, and it’s off to a red-hot start. Companies like Microsoft (MSFT), Amazon (AMZN) and Apple (AAPL) – among countless