With thousands of companies listed in the stock market, finding the right ones to buy becomes a challenge. It is why many investors trade on rumors picked up in internet stock chatrooms. Just look at the meme stock trading frenzy from a few years ago (or last month even). Yet, investors have a better tool
Month: June 2024
Certain stocks have seen big moves higher this year. Some of those stocks have risen based on better-than-expected financial results. However, a fair number have increased based on hype surrounding hot corners of the market such as artificial intelligence (AI) and cryptocurrencies. It’s become a running joke that executives are not allowed to hold an
In this article ADSK Follow your favorite stocksCREATE FREE ACCOUNT Igor Golovniov | Lightrocket | Getty Images Company: Autodesk (ADSK) Business: Autodesk engages in three-dimensional (3D) design, engineering and entertainment technology solutions. Its product offerings are focused on the following categories: Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment. Its
Restaurants were hit hard by the one-two punch of high inflation and interest rates. The former caused chains to raise their prices, deterring customers from visiting. And the latter raised their borrowing costs, making it more expensive to operate. According to the market researchers at Circana, although restaurant traffic grew 1% last year from 2022,
Investing in Real Estate Investment Trusts (REITs) is great if you’re in search of dividends. Moreover, numerous REITs have shed value since the turn of the year, suggesting a buying opportunity has emerged. All sounds good, doesn’t it? Not so fast. I urge investors to reconsider before committing capital to certain REITs to sell, as
Meme stock madness has returned to Wall Street after a three-year hiatus, with Roaring Kitty (a.k.a. Keith Gill) drawing in massive crowds online with his big bets on GameStop (NYSE:GME) stock. Though Roaring Kitty has since (reportedly) dumped his GME options, he’s still long on the stock big-time, with a huge stake worth anywhere from
As the Nasdaq surges, key robotics stocks are poised for substantial growth, attracting investors with their strong buy ratings. The companies mentioned here are powerful names in the robotics industry, expected to deliver impressive gains. Early investment could lead to significant returns as these companies have enormous growth potential. With AI and automation advancements driving
The market continues to hit record highs and macroeconomic reports suggest that the economy is finally healing from high inflation. This all adds up to make one of the most ferocious bull markets in recent memory. However, there are always exceptions to the norm– in this article, we cover three companies that are currently experiencing
Nvidia’s (NASDAQ:NVDA) current 10-for-1 stock split has gained investor’s attention because it makes the Nvidia stock more accessible to small investors. Overall, Nvidia’s performance has been awe-inspiring, with an 181.46% upside year-to-date. The company dominates the competition with an 80% market share for AI chips. Still, its stock price is at an all-time high again,
Boding well for the U.S. auto sector, the space’s new vehicle sales jumped 8.8% last month versus April to 1.44 million. The figure also represented a 5% increase versus the same period a year earlier. And for the first five months of the year, sales climbed 3/5% compared with 2023. Meanwhile, the fact that inflation was flat last month, spurring a decline
The stock market is going straight up. The longer the rally goes on, the more confident traders tend to become. In this environment, almost anything seems possible. The good times will keep rolling, and everything will turn out well in the end. However, the market can pull the rug out from under folks just when
Given PayPal’s (NASDAQ:PYPL) continued, strong growth and its large user base, along with the low valuation of PayPal stock, I continue to believe that the shares will deliver strong returns over the long term. What’s more, the macroec0omic picture, although far from perfect for the company, should enable it to keep posting fairly strong financial
The stock market is filled with many opportunities. Some investments have helped people accumulate generational wealth, and the most successful mega-cap stocks are quite popular. These tech giants make up the Magnificent Seven, and they’ve been propelling the S&P 500 and Nasdaq Composite to new heights for several years. Investors can even buy an ETF
AMC Entertainment (NYSE:AMC) stock couldn’t hold on to all of its gains after the recent meme stock rally. After soaring 32% in one day following the social media return of Roaring Kitty, it gave back more than one-third of them and has essentially held that position since. Many believe AMC stock will still take the
Tobacco stocks have a bad reputation. Investors with a particular set of ethics tend to veer away from them because the companies’ products are known to be detrimental to people’s health. However, if you take an objective view, buy-rated tobacco stocks can be good investments. That’s because, though not strictly considered as consumer essentials, tobacco
During 2023, Coolest Gadgets reported a 31% increase in annual sales of virtual reality (VR) headsets. 2024 is heading in the same direction, with an estimated 14.31 million units sold versus 11.2 million units sold in 2023. This bodes well for long-term metaverse exposure as a VR-enhanced experience across immersive environments and seamless interactions, although
Unless you have been hiding under a rock for the past year, you are probably aware that artificial intelligence (AI) and machine-learning stocks have been leading the markets. Machine learning technology is advancing at a rapid pace. Many believe that AI will eventually replace a majority of mundane and monotonous human tasks. For corporations looking
Meme stocks are essentially shares of a company that have gained immense popularity through social media. Keith Gill, better known as “Roaring Kitty” on social media, helped start this craze, which became amplified through the subreddit r/WallStreetBets. This led to the price of meme stocks exploding before subsequently dying down. This has happened again quite
High-yield stocks probably won’t yield nearly as much after the Federal Reserve has had the chance to cut interest rates a few times. Undoubtedly, we haven’t had the first rate cut yet, but investors seem optimistic as the Fed finally looks to make a move, perhaps as soon as September. In any case, the high-yield
The World Bank has warned that escalating tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks. This environment suggests that top strong buy oil and gas stocks
- 1
- 2
- 3
- …
- 7
- Next Page »