As we near the second half of 2024, the correction phase points to a powerful upside potential in underrated tech stocks. Last year witnessed an extraordinary boom in technology stocks, soaring to uncharted heights. However, the recent warning signs are becoming too loud to ignore, as evidenced by the tech-heavy Nasdaq Composite Index, which has slid
It took until the 1930s for driver’s licenses to be standardized across the board, instead of just buying a car and driving it. Likewise, it took until the 1970s for the National Highway Traffic Safety Administration to be established, enforcing safety standards and certifications for car manufacturers, a historical precedent that could inform the regulatory
After a momentous rally in tech stocks over the past several months, the market’s now in correction territory. With many of the biggest tech stocks notching higher highs during the first quarter (Q1) of the year, many had predicted a stock market breather. However, the pullback presents an excellent opportunity for investors to hunt for
One of the best ways to keep your portfolio safe while generating consistent income is in safe, dividend-paying retirement stocks at 52-week lows. It’s even better if you’re buying into a reputable company that’s paid out dividends for years, and is on sale. Look at American States Water (NYSE:AWR), for example. Over the last few months, the
For investors looking at stocks in the Magnificent 7 group, Microsoft (NASDAQ:MSFT) stock could be the best choice in the bunch. A strong player in the AI, cloud, and software markets, Microsoft really provides the durable long-term growth profile most investors are after. Indeed, the company’s recent increased focus on its AI investments are what’s
The price of West Texas Intermediate (WTI) crude oil has risen dramatically in 2024. That has set the stage for strong performance from the energy sector this year. It also sets the stage for penny oil stocks to rise dramatically as Middle East tensions ratchet higher. The energy sector has been a particularly strong performer
Michael Saylor isn’t just the chairman of MicroStrategy (NASDAQ:MSTR), he’s also a well-known cheerleader for Bitcoin (BTC-USD). However, Saylor sold more than 1,000 shares of MicroStrategy stock on March 20. MicroStrategy bills itself as the “world’s first Bitcoin development company.” I’m not quite sure if that’s true, but MicroStrategy could certainly claim to be the
Investing in cryptocurrency isn’t for everyone. While some digital coins have seen nice profits and there’s a lot to be said with blockchain applications, there are also a lot of issues with the crypto space. That’s why I like to suggest crypto stocks as an alternative. Crypto stocks are a way to invest in cryptocurrencies
The stocks discussed below are all flashing various warning signs that alert investors to sell. Each of these three companies has initiated a reverse stock split in the past. Some have initiated several. If you are unfamiliar with how reverse stock spits operate, this a quick explaination. Let’s say you own 10 shares of a
You may already be invested in Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and perhaps you’re thinking about starting or adding to a share position. Alphabet stock is a Magnificent Seven member, but not without its problems. Overall, we give it a “B” grade and encourage you to consider both the pros and cons. After all, being a full-on
The price war underway in the electric vehicle market is good for no one but especially not for Nio (NYSE:NIO) stock. Operating losses continue to expand as it continues to sell more vehicles at lower prices. Although lower starting prices should attract more buyers, it’s already the case Nio is losing money on every car
The tourism sector was among the worst impacted due to the Covid19 pandemic. However, as global travel and tourism now booms, tourism stocks are hot favorites. This view holds true for the short term as well as the long term. In fact, international tourism ended 2023 at 88% of pre-pandemic levels. Furthermore, international tourism hit
Most investments are filled with uncertainty. You could put your money into a CD or a high-yields savings account to minimize your risk, but these accounts don’t pay as well as stocks. While stocks can go down, they can deliver tremendous upside for long-term investors. Index funds and ETFs can simplify the process of investing. These funds take less
The road to full electrification still has a long way to go. The EV market has struggled since last year, and some companies have been forced to close their shops. The declining demand for EVs has created an ever-increasing list of EV stock nightmares to avoid. That’s why I looked at which companies are posing
Finding a needle in a haystack is how one might describe locating profitable investment prospects. But despite the uncertainties, three exceptional equities have drawn the interest of wise investors because they provide viable avenues for accumulating wealth. The first one is a shining example of sustainable transportation, with a projected revenue increase of 40–50% in
With the global economy facing uncertain times, investors ought to position themselves in top blue-chip stocks. No, aligning yourself with the biggest publicly traded companies doesn’t guarantee you anything. However, it should help you sleep a little easier at night. For one thing, the top blue-chip stocks are well-known enterprises, obviously. As mature businesses, it’s
In practically any market environment, utility stocks make sense. As I’ve said countless times before, bad things happen when people flip the switch and light fails to emerge. Further, short of food and water, nothing could be more critical than essential services. However, when the economy – while booming in one respect from the blistering
High interest rates seem to be plaguing many sectors of the economy. The electric vehicle space perhaps received the most coverage, but several renewable energy sectors are reeling from elevated rates. The hydrogen sector is one of them. Not only are there many startups firms in the space, but for more established firms, creating viable
A wide range of markets in the United States are experiencing a period of uncertainty in the wake of stubborn inflation rates reflected in the hotter-than-expected consumer price index (CPI) data reported for March. However, the fast food industry has continued to show its resilience. This is why fast food stocks are such a great buy.
The telecommunications industry saw an uptick in demand due to the expansion of 5G networks and fiber optic infrastructure. This industry also has recently faced a fair share of challenges ranging from geopolitical tensions and inflation. However, the telecoms industry has now seen a rebound due to the growing need for connectivity and IoT services.