I asked Google Bard to give me the names of seven stocks it believes will double in 2024. I agree with many of the recommendations it gave. Google’s algorithm clearly has identified technology, electric vehicles, semiconductors, e-commerce and a shifting employment landscape as key factors. These sectors appear to be poised to thrive in 2024.
The Nasdaq MarketSite is seen on October 12, 2022 in New York City. The Nasdaq Composite Index yesterday hit its lowest level since July, slipping into a bear market for the second time this year. (Photo by Michael M. Santiago/Getty Images) Michael M. Santiago | Getty Images The rapid growth in short-dated options that have
The recent sell-off in tech stocks has left many high-quality names trading at sizable discounts. For long-term investors, this presents an intriguing opportunity to position one’s portfolio for the next bull market. In this article, I’ve identified three tech stocks that appear particularly undervalued relative to their massive growth potential over the next decade. These
The stock market is enjoying some holiday cheer. Amid signs that inflation is letting up and the Federal Reserve may finally put an end to its rate hikes, traders are piling into all sorts of investments right now. That might leave bargain shoppers wondering what’s left at a good price today. Fear not. There are
Like most Western EV startups, Rivian (NASDAQ:RIVN) stock has languished deep in the red for over two years now. While the decline’s pace has slowed, debate still rages over this automaker’s future prospects. Looking at its hefty short interest near 16%, investors clearly remain split on whether Rivian can evolve into a leading EV maker
As we close the third quarter earnings season, it’s time to reflect on the performance. Overall, it was a good quarter, with many companies exceeding earning expectations. While a few companies like Align Technology (NASDAQ:ALGN) disappointed, top Q3 earnings winners beat expectations and even raised guidance. Heading into the earnings season, investors were uncertain whether
Morgan Housel, author of “The Psychology of Money” and partner at the Collaborative Fund, says no one is crazy when it comes to money. But we all need to update our thinking in key ways in order to build true wealth. Morgan Housel (Note: Morgan Housel will be on HalfTime Report today at 12:35 PM
Last week, OpenAI – creator of ChatGPT and the world’s most important AI company – fired and then rehired its CEO. It played out like an episode of Succession. And while everyone was enraptured by the boardroom drama playing out between CEO Sam Altman and his colleagues, I was much more focused on the broader
2023 has been all about inflation, rising interest rates, and slowing consumer spending. While such market ups and downs are a part of life, it looks like we are finally in a better place. Inflation is cooling, market sentiment is positive, and there is an improvement in consumer spending. It is consumer spending that has
Cannabis stocks are set to hit some major milestones in 2024. A recent Water Tower Research report points to key inflection points that could push top cannabis stocks higher next year. First, major government agencies are seriously considering rescheduling cannabis, with an initial decision set for December 18th. Rescheduling reduces the cash issues cannabis stocks
As the Christmas season approaches, it is time to think about not only spreading holiday cheer, but also about some great investments to carry you into 2024. One way to give yourself an ideal gift is to invest in stocks under $10. These stocks under $10 can be a memorable and potentially profitable addition to
There’s nothing better than starting the new year with a bang. From an investment perspective, it would imply quick returns from some growth stocks. If we look at the slightly speculative side, there seems to be good opportunities among short-squeeze stocks. Back in 2021, investors made a killing by investing in stocks that have a
Apple (NASDAQ:AAPL) stock has had a good run. Apple has been one of the most successful companies in the world, dominating the smartphone and tablet markets for more than decade. Recent challenges have cast doubt on the company’s future growth prospects. Despite new iPhone and iPad releases, Apple’s revenue growth remained unchanged, disappointing investors. The
Finding the best stocks to buy and hold is important. Years may come and go, but one thing that needs to remain stable in your life is your finances. As an investor, you need to think long term and be aware that there might be market ups and downs, but the right investments will continue
Energy consumption has grown steadily over the last few decades. Companies and industry experts question whether the latest energy production methods are efficient and environmentally sound. This gave rise to the need for alternative solutions like renewable energy. Climate change awareness, sustainability initiatives and government transitions have further boosted demand. This has made renewable energy
Artificial intelligence remains a major market force, propelling a handful of technology stocks to new heights. Not only is the technology behind AI stocks likely to cause major changes in society, but it also represents a huge investment opportunity. Estimates vary, but AI is expected to generate trillions of annual revenues within a decade. Companies
Electric vehicles (EVs) are reshaping the automotive landscape, and the hunt for under-the-radar EV stocks to buy remains as thrilling as ever. Amidst the bustling EV realm, many businesses are vying for a slice of the future. The real gems are those lesser-known players making major strides. These under-the-radar companies, often overshadowed by industry giants,
Black Friday is here, and the holiday season is officially upon us. For investors, it’s a good time to go bargain shopping as well. But there are some stocks out there that could spoil your fun. These three stocks to sell have all fallen significantly in recent months. But there’s no discount here. Rather these
Looking at tech investments, uncovering stocks that yield substantial returns often feels akin to chasing elusive treasures. Amidst this pursuit, three burgeoning companies have emerged as potential goldmines, offering investors promising prospects for exponential growth. These are our picks that could make you rich. Notably, the dynamics within these companies, marked by their strategic prowess,
Markets are rallying, but not all stocks are sharing in the gains. Several well known securities are struggling right now. These include stocks that soared during the pandemic rally of 2020 and 2021 only to get mauled when a severe bear market took hold last year. While stock price declines can be disconcerting, it’s important