Two months ago multiple lithium producers reported that they may not be able to produce enough lithium to meet the huge, coming demand from electric-vehicle makers. Usually, that’s a great situation. It means companies can sell all of the goods or services they offer. Even more promisingly, huge demand and limited supply indicate huge profits
Pharmaceutical stocks can bring you from rags to riches — and back to rags again. The truth is the innovative sector can function similarly to a lottery. Not every company can deliver consistent growth and profits, but those who beat the trend will have their shares pop somewhere in the double digits in share appreciation.
AI stocks and chip companies have been the talk of Wall Street in 2023. Generative AI is the catalyst that has propelled those firms and their shares sharply higher this year. Artificial intelligence (AI) can now produce content, text, audio and images far faster than any human could ever hope to do — even if
Last week, I revealed MarketMaster AI, a set of deep learning AI algorithms designed to beat the market. The system was flashing warning signals like a hyperactive lifeguard on duty. Its top picks almost exclusively contained conservative blue-chip stocks — the type of investments to survive a bear market. The speculative meme stocks it once
Are you willing to give a chip champ a chance? At least one hedge-fund luminary bought a big chunk of Advanced Micro Devices (NASDAQ:AMD) stock not long ago, so perhaps there’s more upside in store. On the other hand, value-focused financial traders might be reluctant to take a share position in AMD now. Advanced Micro Devices,
Everybody and his uncle knows that Nvidia (NASDAQ:NVDA) will benefit from the popularity of artificial intelligence (AI) in 2023. This is already known and priced into NVDA stock. Therefore, value-seekers and contrarians shouldn’t be too eager to invest in Nvidia now. By the time you read this, Nvidia may have already published its second-quarter earnings results.
The stock market has been on a volatile ride in 2023, as investors grapple with the effects of higher interest rates, slowing consumer and business demand, and geopolitical uncertainties. However, most U.S. equities have benefitted from better-than-expected economic growth in the United States, as reflected by the rise of major indices like the S&P500 and
Lately, comments made by U.S. Treasury Secretary Janet Yellen emphasize how the measures taken under the Inflation Reduction Act have helped strengthen the labor market. Yellen’s efforts have been instrumental in generating a surplus of over 13 million job opportunities, helping to lower the United States unemployment rate. Inflation figures in June 2022 peaked at
A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock tumbled nearly 24% after Dick’s reported a rare earnings miss and slashed guidance for the year, thanks in part to an uptick in store theft. Earnings
Warren Buffett is an investing legend because he’s just that good. Since he became CEO of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) in 1965, the Oracle of Omaha generated 3.7 million percent returns for investors. This has led to the rise of Warren Buffett stocks he bought and sold recently. To put that in perspective, The S&P 500
The massive euphoria in penny stocks has not repeated since 2021. The reason is tight monetary policies that have dampened overall market sentiments. At the same time, recession fears and geopolitical tensions have played spoilsport. Investors are unwilling to speculate even on attractive penny stocks to buy amidst these uncertainties. Of course, there are individual
Meme stocks became a cultural sensation when Gamestop (NYSE:GME) went parabolic in 2021. The move shocked many investors and put short sellers in a challenging spot. However, it also hurt many retail investors. This has led us to reveal the worst meme stocks. After witnessing GameStop’s success, many investors flocked over to other meme stocks.
Building a seven-figure portfolio takes time, patience, and requires choosing the right stocks for investment. Identifying companies with massive long-term growth potential can set you on the path to amassing $1 million or more over a decade. Of course, an investor’s actual gains depend on portfolio size and investment horizon. However, by focusing on stocks
Automation is a trend that’s been ongoing for decades. As companies seek greater productivity, automating undesirable tasks will continue to happen, and AI and machine learning will help us get there. Recently, machine learning mainly involved predictive models classifying data for forecasts, with limited corporate spending. The Nasdaq surged 31% in 2023 due to generative
Navigating the vast ocean of investment opportunities, the quest for the best AI stocks is virtually on every astute investor’s radar. As we ride this technological tsunami, it’s clear that the AI renaissance has propelled a few companies to the stratosphere while others are revving up on the tarmac. Though teeming with innovations, the bustling
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Check out the companies making headlines before the bell: Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late Monday topped analysts’ estimates. The advanced manufacturing services company posted non-GAAP earnings of
While it is true that penny stocks can present good opportunities for exponential gains, this is not the case with these three. Maybe at some point they gave good results, but as economists know, there is the law of diminishing marginal returns, there comes a point in the trajectory of a penny stock where it
The Nvidia (NASDAQ:NVDA), its stock price surged over threefold in 2023, driven by high demand for AI chips. However, Asian chip makers, responsible for Nvidia’s chips, are seeing their lowest earnings in years. Investors optimistic about Nvidia’s ongoing impressive performance should take heed of the challenges the global advanced chip industry is currently facing. Nvidia’s
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has made a solid recovery so far this year. Other tech stocks have performed even better during this time frame. Still, a nearly 43% jump in price for GOOG stock is nothing to sneeze at. However, chances are it’s not the stock’s performance relative to other FAANG components that has you wondering
Verizon (NYSE:VZ) stock certainly hasn’t been a winner for folks who bought and held it over the past couple of years. Yet, hope springs eternal among income-focused financial traders. Verizon might pay what looks like a decent dividend, but by itself, this shouldn’t persuade cautious investors to take a share position now. We’ve already warned