Advanced Micro Devices (NASDAQ:AMD), commonly known as just AMD, put the critics in their place last year as AMD stock provided stellar gains for investors. As the company continues to develop high-demand artificial intelligence chips, there’s no compelling reason to dump your AMD shares in 2024. Of course, the skeptics will always find excuses to worry
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The shares of battery maker QuantumScape (NYSE:QS) rocketed higher earlier this month on news that its solid-state battery can be charged over 1,000 times without degrading. Unfortunately for the long-term outlook of QS stock, this characteristic, while certainly positive, does not address the main “pain points” facing drivers and automakers. Moreover, QS has at least
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In 2023, Joby Aviation (NYSE:JOBY) emerged as a prominent flying car stock to watch, making a number of key advancements. Collaborating with NASA, JOBY stock demonstrated its vehicles’ ability to conduct 120 flights per hour in busy airport environments. The Air Taxi sector, including companies like Joby, displays promising potential with strategic partnerships and route
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Viewing Tesla (NASDAQ:TSLA) solely as an automaker is unjust; software, especially the Full Self-Driving Suite, plays a substantial role in its evolving business model. Analyst Mark Delaney from Goldman anticipates potential annual revenue in the tens of billions from the software offered by TSLA stock offerings by 2030, offering a recurring income stream.  Despite this
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Biotech is still one of the most exciting investments on the market, creating substantial opportunities for some of the best biotech stocks. Look at obesity drug stocks, like Eli Lilly (NYSE:LLY) for example. The stock exploded from about $460 to a high of $626 just over excitement with its obesity treatment. After all, with obesity bursting at the
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Hydrogen stocks are likely to continue to be in focus this year thanks to continued worries about global warming. Countries around the world remain committed to reaching net zero, which will require a combination of energy-saving measures, a push for renewable energy development, and the development and deployment of low-carbon solutions like hydrogen energy. It’s
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Today, identifying investments with promising growth potential is a quest every investor undertakes. Within the loud noises of the stock market, three standout companies are making waves. Their strategies and innovations forecast substantial gains, promising a 2X capital level by 2025. The first one on the list is a pioneer in digital payments, emphasizing enhanced
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Historically, investors have gained a handful during election years from buying certain election stocks, but re-election years catch stronger returns. Since 1952, the S&P 500 has gained an average of 7% in election years, compared to 12.2% in re-election. This reflects presidents’ willingness to stimulate economic growth through fiscal and regulatory policies during re-election bids.
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Favorable conditions with lower interest rates are advantageous for growth stocks. These companies often surpass market performance during periods of reduced borrowing costs, showcasing robust revenue and earnings growth.  Last year’s unexpected growth stock rebound has investors questioning whether 2024 will follow suit. Regardless of the broader market’s uncertainty, potential opportunities abound. Some 2023 standouts
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With generative artificial intelligence (AI) taking the world by storm last year, many investors seem to be leaving other game-changing technological trends behind. In 2024, I expect AI to continue to be a top trend that gets investors excited. However, the so-called metaverse could return to glory as competition in the headset market kicks into
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