Despite challenges such as rising national debt, an aging population, and increased interest expenses, the positive future of the U.S. economy is underscored by recently enacted legislation to curb federal spending and stronger-than-expected economic growth. The Congressional Budget Office’s report indicates that annual deficits over the next decade are 7% smaller than previously forecast, partly
Before the surge in popularity of Microsoft-backed OpenAI’s ChatGPT, the tech industry was abuzz with discussions about a different groundbreaking concept: the metaverse. Investors rushed to gain exposure to the “next big thing.” However, be cautious because many of these doomed metaverse stocks and companies behind them find themselves in trouble a few years later.
Some stocks appear doomed. That is usually because the companies behind them are failing to execute their plans, posting disappointing financial results, hemorrhaging cash, losing market share or all of the above. The result is stocks that only seem to decline in value, dragging their shareholders’ portfolios down with them. The key to successful investing
The global shift towards sustainability and the burgeoning green energy revolution is undeniably reshaping the world’s energy landscape. With governments worldwide rallying to slash global greenhouse gas emissions and pivot towards renewable energy sources, the future seems bright for green energy investments. Amid this transformative era, identifying green energy stocks to sell becomes a pivotal
The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030. Eventually, it will reach $583.69 billion in revenue for consoles, hardware, and games combined. Video
Bitcoin (BTC-USD) seems to be in a zone of consolidation before the next big rally. With several catalysts, I expect a major bull market for cryptocurrencies over the next 24 months. With the rally just getting started, it’s a good time to accumulate cryptos with millionaire potential. If the previous bull market is anything to
Defense stocks consists of equities investors turn toward during economic or geopolitical tumult. These can include manufacturing giants of planes, drones, tanks and other products used during conflicts. These days there is not only a war in Ukraine but also one in the Gaza Strip. As a result, many investors have invested in defense stocks
You can’t look at the electric vehicle (EV) sector without considering battery stocks. That’s because batteries, specifically lithium-ion batteries, are as essential to the EV market as semiconductor chips. In this emerging sector, there are still many battery stocks with millionaire potential. Here’s why: A 2022 analysis by McKinsey forecasts that the entire lithium-ion battery
In the stock markets, where giants often steal the investment spotlight, hidden gems await discovery. Beyond the limelight lay under-the-radar stocks for 300% growth, teeming with potential and ready to soar to heights unimaginable to many investors. Amid the cacophony of market chatter are three stocks that stand out: each carves a niche in its
The streaming stocks have been quite a mixed bag in recent quarters, with the streaming king and pioneer Netflix (NASDAQ:NFLX) continuing to surge above and beyond expectations. Indeed, the sheer strength in NFLX stock makes it seem like we’re living back in the days of FAANG. As Netflix’s rally gets long in the tooth, many investors may wonder what’s
Navigating the intricacies of the stock market requires strategic foresight when selecting the best large-cap stocks to buy. This is the reality, especially when identifying opportunities with robust long term growth prospects. As investors continue to seek avenues to maximize returns, it is also important to consider the potential downside risks. Warren Buffett famously quoted
Artificial intelligence has advanced incredibly and surprisingly. We may feel that the advances the sector has had are very abrupt, but we should think that we are just in the early stages of the great era that is coming. We are only in the initial stages of development, and the advances we have seen so
The upheavals of 2023 rattled the housing market, witnessing soaring mortgage rates and stalled sales. In short, it created uncertainty for real estate investment trusts (REITs). Wary of the lurking doomed REITs, investors are now scrutinizing their portfolios. And they stand poised to pivot as the market sends signals of impending shifts. A silver lining
Despite recent economic indicators like GDP and consumer sentiment suggesting resilience in the U.S. economy, that doesn’t mean all consumer stocks are booming right now. In fact, there are plenty that are best described as doomed consumer stocks. For some of these names, macro-related challenges are negatively affecting their operating performance, leading to big price
In the past week, Meta (NASDAQ:META) stock has risen over 20% due to better-than-expected sales growth and Zuckerberg announcing a stock dividend. With this major development and Meta stock at an all-time high, it’s time to assess where Meta stock can go from here, from both the positive and negative angles. Positive for Meta Stock
If you’ve got a losing stock in your portfolio, why would you wait to sell it? In fact, selling back stocks as quickly as possible is important to protect your portfolio. Identifying the right stocks to sell is as important as finding the best stocks to buy. Weak stocks have a lasting impact if you
As the company continues to falter, it’s time to reevaluate any bullish Nio (NYSE:NIO) stock forecast. The Chinese EV market has become very competitive. So much so that it may be hard for Nio to compete in the future. Below are three reasons why I believe NIO is a sell. Nio Stock Forecast: Look at
Technology is one of the fastest-growing sectors in the stock market. With implications like generative AI and quantum computing having implications in sectors ranging from retail to healthcare, it is no wonder that investors are always looking for the next big disruptive tech company to invest in. Of course, despite the explosive growth and popularity
In compiling this Marathon Digital Holdings (NASDAQ:MARA) stock forecast, we have to account for changes in the crypto market, particularly Bitcoin (BTC-USD). The token surged more than 160% last year, boosting MARA, However, when spot Bitcoin ETFs were officially approved by the Securities and Exchange Commission, this changed the dynamics around this company significantly. While
While the aura around so-called Joe Biden stocks is at best ambiguous because of the uncertainty surrounding any election cycle, if you have high conviction that the incumbent president can win a second term, there are certain ideas that stand out. Fundamentally, Democrats support progress – progress in values, principles and protocols. On the other