While the idea of acquiring the best penny stocks under $3 may appeal to your inner contrarian, you need to first understand the risks. In most cases, shares that trade this low do so for a reason, and typically not a good one. On a psychological note, a security can get too cheap, which wouldn’t
Stocks to buy
There are two main reasons to buy stocks billionaires are buying. One, billionaires are good at picking excellent stocks to buy. Two, and perhaps more importantly, billionaires have access to much more information than you and I. For example, they can consult experts in various fields, and they can easily ask the companies whose stocks
Finding early-stage, revolutionary companies whose market capitalizations can reach $1 trillion can be very lucrative. Just look atAlphabet (NASDAQ: GOOG, NASDAQ:GOOGL), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN). Without a doubt, investors who bought those top revolutionary companies when their valuations were low made big amounts of money after they became trillion-dollar stocks. Now, we’re after even more trillion-dollar
SoFi Technologies (NASDAQ:SOFI) shares have rebounded strongly after a prolonged decline, climbing back to high single-digit levels. All thanks to the recent resolution of the U.S. debt ceiling issue. Especially the part related to student loans, which has alleviated investor concerns, and played a vital role in the SoFi stock turnaround. The question now is whether
Are you ready to retire rich? Look no further than the tech sector to find the key ingredients for a lucrative retirement portfolio. Tech stocks for retirement offer immense growth potential, fueled by their innovative businesses and the ever-evolving nature of the industry. With the tech market constantly pushing boundaries, investing in high-growth sectors within
Meta Platforms (NASDAQ:META), the parent company of Facebook, has experienced a remarkable surge in its stock price, soaring 120% in the last six months. This outperforms the modest 5% increase in the S&P 500 index. Currently, META stock is approaching its 52-week high of $275.35, having risen by 14% in the past month and 126.5%
Countries around the world are working rapidly to meet their net-zero climate goals, investing in solar and renewable energy. With governments going all in, it shouldn’t come as a surprise that the energy sector is booming. This means investors should be ready to bet on the new technology. In a few decades from now, we
Although investors are still recovering from the 2022 bear market, some stocks have enjoyed impressive growth this year. One of the most reliable winners has been Apple (NASDAQ:AAPL) stock. Recently, the company captured the world’s attention when it unveiled the Vision Pro VR headset, drawing comparisons to the original debut of the iPhone in 2007.
The financial technology (fintech) industry continues to reshape the landscape of traditional banking and payment systems. Investors are eagerly exploring the fastest horses in this rapidly-evolving race for innovation. This article will explore three fintech stocks with exceptional growth potential that are poised to make waves in the market. These three stocks are breeding growth potential
Back in early 2021, investors were on the hunt for potential short squeeze stocks. Traders across various mediums (like Reddit) were sniffing out the top short squeeze stocks and accumulating vast swaths of these holdings. It led an entire cohort of mostly beaten-down holdings and growth stocks to explode higher. Led by names like GameStop
One of the greatest changes in the American landscape going forward will be demographics. The Baby Boomers make up the largest generation in the country’s history. With the large amount of wealthy older Americans, there will be more demand than ever for cutting edge pharmaceutical drugs, medical devices, and cutting-edge treatments and therapies. This is
Unless you regularly invest in or research penny stocks it’s likely you aren’t familiar with most companies in the space. These penny stock picks aren’t household names because by and large they aren’t big companies and their products and services are largely foreign to consumers. That said, these stocks remain interesting, partly because they’re so cheap.
Global volatility didn’t spare oil stocks in 2023. Indeed, the sector grappled with unique systemic risks, even as interest rate hikes and economic contraction beat down most stock sectors. With flat growth and declining trends in critical countries, OPEC member states responded to plummeting commodity pricing by introducing unexpected production cuts. However, despite OPEC+ announcing
Not many of us remember how the emergence of the Internet changed our lives. It does look like something that happened decades back but it has transformed the way we live. The Artificial Intelligence economy is doing just that. It is going to change the way we live. AI will have a global impact and
As the dust settles in the high-stakes world of electric vehicles (EVs), it’s becoming obvious that not all contenders will cross the finish line. Only the most promising EV stocks in this high-speed race can withstand sturdy headwinds from economic turbulence and emerge even stronger. Established firms are turning on the afterburners in today’s rapidly
Blue-chip stocks are securities of companies that have been around for a long time, have an established track record, are profitable and are viewed as financially fit. Blue-chip stocks tend to be more stable during a market downturn and they are often the first names to recover when conditions improve. Because of their stability and
Today’s the day – the day when we can officially say that inflation is dead and that the bull market is back on Wall Street. Why? Because this morning’s consumer price index report showed that the Fed’s long, drawn-out fight with inflation is finally over. May headline inflation clocked in at just 4%, down a
Shares of Tesla (NASDAQ:TSLA) jumped 6% last week after the company inked a charging station deal with rival General Motors (NYSE:GM). Under the new agreement, GM EV drivers will be able to charge at 12,000 Tesla Superchargers across North America starting in 2024. The legacy automaker will also include Tesla’s North American Charging Standard (NACS)
Speculative stocks are inherently risky, but they have the potential for significant gains in the current environment. Many investors are still entrenched in defensive stocks, and the recent stock market rally has been mainly limited to profitable companies in the hottest sectors like artificial intelligence and cloud computing. Thus, multiple speculative businesses with tremendous potential
A lot of uncertainty continues to hang over bank stocks. Analysts and investors remain divided over whether the bank failures that occurred in March and April of this year are behind us, or if there could be more trouble ahead for the sector. Should the U.S. Federal Reserve raise interest rates further, it could spell
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