Finding undervalued stocks is one of the key strategies for successful investing. Undervalued stocks are those that trade below their intrinsic value, meaning that the market has not fully recognized their “true potential.” A company’s true potential could lie in its current profitability or future growth prospects. Investors seeking undervalued stocks need to know where
The stock market is at a crossroads. After a fantastic first half to 2023, markets have lost some steam heading into the fall. It remains to be seen whether a “soft landing” will play out, or if the economy will take a tumble going into 2024. That said, this is a time for caution. And
The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Justin Sullivan | Getty Images Check out the companies making headlines before the bell: Carnival, Royal Caribbean— The cruise lines both gained about 2% after being upgraded by Truist. The Wall Street firm moved
The global financial advisory market is expected to grow to $240 billion in 2027 at a compound annual growth rate of more than 3%. The industry growth is attributed to the rise in the number of high-net-worth individuals (HNWI) worldwide. That’s excellent news for retirement advisory stocks. According to Capgemini’s 2023 World Wealth Report, the
There’s a reason people are looking for cannabis stocks to buy now. It is increasingly likely that marijuana will be rescheduled from a Schedule I controlled substance to a Schedule III controlled substance. Many of the more interesting cannabis stocks to buy now have not provided the returns that investors expected over the last few
Unfortunate individuals who bought Plug Power (NASDAQ:PLUG) stock at its 2021 peak are now holding a heavy, hydrogen-filled bag. Will the rest of 2023 and the coming years be any better? Don’t count on it, as Plug Power’s ambitions are much greater than the company’s ability to turn a profit. Plug Power might seem like a
If you just want to trade a potential short-squeeze stock for a quick flip, Canopy Growth (NASDAQ:CGC) stock might be what you’re looking for. However, serious long-term investors should be wary of Canopy Growth as the company’s fundamentals aren’t ideal. Sure, the Canopy Growth share price might get a bump if cannabis is fully legalized
Nvidia (NASDAQ:NVDA) stock is what any logical investor would refer to as a red-hot property. The company’s share price has rocketed higher this year, as the company boasted 100%+ year-over-year revenue growth, to more than $13.5 billion. Its shares have surged approximately 230% this year, a remarkable feat in this uncertain market. Among the high-growth,
Looking for dividend stocks yielding 3% or more might seem pretty specific. Remember, though, the logic behind investing in underrated stocks is straightforward: Buy low and sell high in order to see a healthy return on your investment. Making smart investments is sometimes as easy as that. Add in dividend income and the potential returns
The airline industry has been flying high since 2022, thanks to the post-pandemic “revenge travel” trend, but after a rare period of strong operating and stock price performance, now may be the right time to consider what are the airline stocks to sell. Since July, shares in legacy and budget carrier alike have plunged, as
Shopify (NYSE:SHOP) stock has performed well so far this year. That’s not surprising. A combination of better-than-expected results in recent quarters, alongside excitement over potential AI-related catalysts, explain the nearly 75% move higher SHOP stock has made since January. However, while this stock has been a top performer year-to-date, more recently, its performance has been
Rental home investing has increasingly become a cornerstone of major investors’ portfolios. Even as interest rates rise, investment in single-family homes rose from 12% of all real estate purchases to more than 20% in a few short months. As housing supply outpaces demand, a reversal from recent trends, rental property purchases will likely continue. Playing
News events, whether conveyed via social media or mainstream outlets, continually sway the stock market. Both positive and negative reports play a role in this influence. Investors must navigate these waters with caution. This has led to the rise of stocks in the news. Investors are tasked with assessing the risks and rewards of various
Core CPI rose 0.3% in August versus July. While the increase was slightly higher than the 0.2% monthly gain in core CPI in July, it was still relatively tame. And if you annualize the combined July and August increases, you come up with 3%. While that’s above the Fed’s nominal 2% inflation target, 3% inflation
Shorting stocks is not for the faint of heart or conservative investors. When you short stocks, of course, the companies that you’re betting against are working against you, since they want their share prices to increase. As a result, in their communications with the outside world, they will emphasize the positive aspects of their firms’
Inflation or recession, the one thing that will always remain in demand is oil. It’s hard to imagine a world without oil, and while it is a volatile sector, oil companies can sometimes report record profits while also taking a beating in certain cases. A lot of these businesses reported impressive numbers in 2022, but
Warren Buffett is widely regarded as the greatest investor of all-time. His massive $160 billion holding of Apple (NASDAQ:AAPL) stock has been called the greatest trade, and the positions he’s held for decades in blue-chip names including Coca-Cola (NYSE:KO) and American Express (NYSE:AXP) are frequently cited as the perfect examples of a buy-and-hold investing strategy. Buffett’s
Throughout the past week, two Las Vegas casinos, MGM Resorts International (NYSE:MGM) and Caesars Entertainment (NASDAQ:CZR), have had an ongoing cyberattack. These events have once again highlighted the enormous opportunity cybersecurity stocks have. More attacks like this will happen in the future. Hackers are becoming more sophisticated. In addition, they are posing more disruptions to
In the ever-evolving landscape of blockchain technology, the allure of high rewards is accompanied by substantial risks. Thus, it’s imperative to exercise caution and conduct thorough research before venturing into the blockchain realm. True, the sector undoubtedly represents a transformative force. Yet, it remains susceptible to market dynamics, financial challenges, and corporate governance issues. Still
As we stand at the cusp of vehicular evolution, autonomous driving stocks are turning heads for good reason. Forecasts are optimistic, predicting robust annual sales growth at an incredible 23% from now through 2028. The next half-decade promises a financial bonanza for investors with a keen eye on future trends. At the heart of this