I’m looking for the top stocks to buy in June. Carvana (NYSE:CVNA), the online used car marketplace, emerged as the top-performing stock in the past month (through June 1), surging 128% and being one of three companies to double its share price. When selecting the best stocks for June 2023, it’s typically about quality companies
A view of the exterior of the new Dutch head office of international technology company 3M in Delft, seen on November 5, 2014. Koen van Weel | AFP | Getty Images Check out the companies making headlines in midday trading. Palo Alto Networks — The cybersecurity stock jumped more than 4% after S&P Dow Jones
The stock market is showing some signs of life, with the tech sector enjoying a significant rally in 2023. The rise of the artificial intelligence theme has driven a lot of trading action. However, there are plenty of other fast-growing stocks to buy that don’t have to rely on the AI wave for their success.
Mining is a huge industry worldwide. From the snowy, frigid mountains in Canada to the dry, arid Australian outback and the African grasslands, mining companies crisscross the globe in search of precious metals and minerals that power our world. Investing in mining stocks involves putting money to work in capital-intensive businesses that are subject to
After a powerful rally in 2023 so far, Meta Platforms (NASDAQ:META) stock could be due for a pullback. The shares appear to be over-valued, and conflict with regulators in multiple regions of the world will likely be problematic for Meta Platforms. Meta Platforms CEO Mark Zuckerberg declared that 2023 will be a “year of efficiency” for
As an investment analyst, I make a lot of investment predictions and forecasts. But tomorrow at 7 p.m. Eastern, I’m going to make what I believe will be the biggest call of my professional career. I’m going to unveil my top seven artificial intelligence (AI) stocks to buy now, and I’m calling them my AI
Following the trades of highly respected investors can be not only fun but also profitable. In the case of Amazon (NASDAQ:AMZN) stock, a living legend in the world of finance reportedly took a stake in the e-commerce giant. I’d say this was a smart move, and there are reasons to consider starting your own share
Despite what the headlines make it look like, the stock market has not acted all that healthy. In reality, just a handful of stocks are driving the bulk of the gains in the indices. On the one hand, it’s not healthy price action. On the other hand, it creates opportunities in other stocks. So what
Investors typically think of growth companies as purely playing on a rising stock price. And the technology sector is indeed known for delivering home run share price appreciation when things go according to plan. However, income investors can also profit from various high-return, undervalued tech stocks. That’s because, contrary to popular belief, many of the best
I’m looking for undervalued blue-chip stocks to buy. Three criteria come to mind when it comes to blue-chip stocks. First, they’re part of the S&P 500. However, that doesn’t mean they’re blue-chip stocks. For example, the company in the index with the smallest market capitalization is Newell Brands (NASDAQ:NWL) at $3.44 billion. It might be a decent-sized company, but it
Italy, Emilia-Romagna, Bologna, People walking along narrow cobbled street lined with food shops Gary Yeowell | Stone | Getty Images RIMINI, ITALY — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of Ancona in the southeast, there are more than 40 miles of sandy beaches. It was
In this article TGT PANW AAPL Follow your favorite stocksCREATE FREE ACCOUNT Traders on the floor of the NYSE, June 1, 2023. Source: NYSE Check out the companies making headlines in premarket trading. Apple — The tech giant’s shares rose about 1% ahead of Apple’s Worldwide Developers Conference, which kicks off Monday at in Cupertino,
Growth stocks are unlikely to rally anytime soon, like they did earlier this year. But not all growth names are out of the game yet. Many growth stocks trending higher are in sectors such as artificial intelligence and cloud computing. Meanwhile, other overlooked sectors have tremendous growth potential, such as LiDAR and Solar energy. Companies
Quantumscape (NYSE:QS) stock has been a long-term bet for 13 years. We should now know by the end of 2023 if the bet can pay off. I have been a QS stock skeptic. I have not only worried about its engineering progress, but about the progress being made by its many competitors. I’m not alone
Most of the commentary around Mullen Automotive (NASDAQ:MULN)stock is downright bearish. That’s fair, considering this is yet another early-stage EV company that’s on the ropes with respect to its cash burn rate relative to investor demand. Equity markets aren’t as easy to tap as they were two years ago, and the cost of financing has soared,
Growth stocks are often expensive in that they trade with high valuations like price-to-earnings (P/E) and price-to-sales (P/S) ratios. Yet, these high valuations might be justified if the company can continue to grow at a rapid pace. However, today, we’re going to look at a few of the best cheap growth stocks to buy. By
The focus is shifting to bargain energy stocks for June with a confluence of market dynamics signaling an enticing window of opportunity for savvy investors. Last year, energy stocks surged to new heights following escalating geopolitical tension in Ukraine, mounting inflation and apprehensions around macroeconomic policy. However, now the landscape looks significantly different. This is
The market is always forward-looking. That’s one explanation for the drop in energy stocks after a blowout year in 2022. There are some catalysts, however, that point to increased demand. That’s why now is the time to look for energy stocks with growth potential. To begin with, OPEC appears to be ready to announce its
In recent months, I’ve discovered that Dr. Ed Yardeni, former Chief Economist of Prudential Equity Group, and Deutsche Bank, is one of my favorite analysts of stocks and the economy. That’s because Yardeni, unlike many other analysts, doesn’t rely on long-held, yet unproven beliefs like “Interest rates are rising, so stocks will fall” to make
Rising interest rates and the economic slowdown have already weighed on real estate investment trusts (REITs). Unfortunately, there are still plenty of REITs to sell before they drop even further. Although interest rates may not necessarily be on track to spike as sharply as they have over the past 18 months, worsening economic conditions may place