As of 2023, the United States economy has successfully navigated challenges, managing to cool down inflation and avoid a recession. Policymakers have worked to achieve a “soft landing,” aiming to further slow inflation without triggering a downturn that could lead to mass layoffs. Despite a generally positive outlook among economists. Inflation has shown signs of
Stocks to buy
The healthy consumer in 2023 has surprised everyone, including experienced economists. One major beneficiary has been the travel and leisure sector. Indeed, travel stocks have soared as pent-up demand for travel has carried on recently. As we head into 2024, the United States economy is chugging along, with unemployment at 3.7%. With most consumers employed,
An intriguing shift is underway, especially following the retail trading frenzy of 2021. Emerging platforms captured the imagination of savvy investors. These rising stars in the social media stocks arena are not just riding the wave of existing trends. They are also at the forefront of innovating new ones. The role of platforms, including Reddit,
In late November 2022, I highlighted three large-cap growth stocks heading into 2023. Those included Advanced Micro Devices (NASDAQ:AMD), which ran from $73 to $146 a share; Apple (NASDAQ:AAPL), which ran from $146 to $193.70; and Nvidia (NASDAQ:NVDA), which ran from $152 to $497. Today, I was asked for my top large-cap growth stocks for 2024. To start, I still like AMD, AAPL, and
Flying car stocks encompass the realm of electric vertical takeoff and landing (eVTOL) vehicles and have been soaring in popularity among investors recently. This sector is buzzing with activity, with forecasts indicating compound annual growth rates of 58% from 2022 to 2040. Such astronomical growth rates are not just numbers; they represent a seismic shift
In the late 1950s, the average holding period for stocks was eight years. The average holding period had declined to 5.5 months as of June 2020. It’s unlikely to be any different in 2023. Of course, one reason for the decline in holding period is continued technological advancement that’s translates into new investment ideas. However,
Penny stocks could come into vogue next year. The reduction of the risk-free rate and the predicted rise by many analysts of the broader indices like the S&P 500 and the Nasdaq may provide fertile conditions for these investments to thrive. One can open positions in these companies as short-term momentum plays or as a
Communications companies help customers interact with one another online and by phone through a wide range of wired and wireless methods. They are a vital tool to help keep us all connected. Our top communication stock picks offer an array of national and local broadcast channels, comprehensive phone plans and tools for navigating the internet.
The surge in interest in ESG stocks among millennials and Generation Z is effectively reshaping the investment landscape. Firms ignoring ESG principles risk major backlash as ethical considerations become imperative in business. This shift reflects a broader societal change where making money without ethical standards is no longer acceptable. Moreover, the ESG criteria are now
Have you ever wondered how industry giants like Elon Musk and Mark Cuban built their empires? These industry leaders dominate headlines with their vast fortunes, yet the way they came into their riches might surprise you. Let’s start with Musk. Most people think Musk’s wealth stems from Tesla (TSLA). As the CEO of the electric
The economy seems to have entered a “golden” period of strong growth, a solid labor market, rising incomes, falling interest rates, and declining inflation. In this “best-of-all-worlds” environment, consumer discretionary stocks should thrive. That’s because most consumers should feel confident that they will not lose their jobs, while their increasing incomes and easing inflation should
Finding deep value stocks involves pinning down and investing in significantly undervalued companies based on their material worth. In effect, to find deep value stocks, you do research to find something – anything – the market missed and capitalized on the mispricing. The approach, rooted in the principles popularized by the legendary investor Benjamin Graham
This is one of those times when It’s more important to watch what consumers do more than what they say. Despite frustration over “streaming fatigue,” consumers continue to pay for multiple streaming services. A study by Deloitte Insights shows that American households subscribe to an average of four streaming services. That’s why streaming stocks are
If you’re looking to get richer in 2024 and beyond, it would be wise not to stocks that are on sale right now. Buying undervalued long-term stocks is a great investment strategy because it provides access to stocks that are selling below their expected market value. Undervalued long-term stocks can best be described as stocks
Investors are on the prowl to find the best no-brainer semiconductor stocks to buy for 2024. The semiconductor industry has been on a tear in 2023, largely driven by the hype of generative AI and LLMs. Nvidia (NASDAQ:NVDA) led the pack and investors are now wondering who is next to follow in its footsteps. The
Like other “Magnificent Seven” tech stocks, Amazon (NASDAQ:AMZN) stock experienced a rapid rebound this year, gaining 78.8%. Not buying the shares yet doesn’t mean you’ve missed out. Thanks to many factors (only one of which has to do with Amazon’s legacy e-commerce segment), there may be room for an outsized level of revenue, earnings, and
Like other “Magnificent Seven” tech stocks, Amazon (NASDAQ:AMZN) stock experienced a rapid rebound this year, gaining 78.8%. Not buying the shares yet doesn’t mean you’ve missed out. Thanks to many factors (only one of which has to do with Amazon’s legacy e-commerce segment), there may be room for an outsized level of revenue, earnings, and
Investors should pay special attention to battery stocks as 2023 winds down. Shares of companies that produce battery cells, batteries themselves, and the metals used therein have had a tough run of it lately. It’s absolutely fair to characterize their current performance as being in the doldrums. In other words, there’s a contrarian opportunity afoot.
“Agriculture technology is designed to let…farmers grow more food using less pesticides, energy, water, and resources, enhancing farm yields,” consulting firm Deloitte has reported. Of course, producing more food while using fewer resources and less potentially harmful pesticides is great for farmers, consumers, and the environment. This backdrop has led to this list of agri-tech
Looking for auto part stocks to add to your portfolio in 2024? The automotive sector has been experiencing several challenges these past years due to the boom of electric vehicles. This, coupled with last year’s disruptions in the supply chain, makes the sector operate with increased difficulty. Indeed, the surge in demand has trickled down