Despite the challenges presented by the current economic downturn, there are still plenty of reasons to be optimistic about the tech sector’s future. 2022 has been nothing less than a nightmare for investors in tech stocks. However, in all likelihood, the stock market conditions will improve substantially in the coming year, pointing to a strong
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Given the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution. For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes
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Occidental Petroleum (NYSE:OXY) stock has made a stunning comeback since late 2020 on two major catalysts. The first was the epic run-up in crude oil and natural gas prices. The second was the accumulation of a large position by Warren Buffett’s company, Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B). The result is that OXY stock has soared by more than
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There are warning signs and red flags that a stock may be in trouble. Heavy Institutional Selling This means that a huge volume is coming into the downside. You can see in the chart below that volume is very heavy (to the downside) and the stock is moving lower. The volume is coming in huge
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Investors like penny stocks because of their upside potential. Those same investors should consider seeking out the best green penny stocks in particular because a clear trend toward sustainable investing isn’t slowing: Between 2018 and 2036 ESG and sustainable investing are expected to grow by 43%.  The worldview is changing and more and more investors
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It’s a month before Christmas and crumbs falling off vests, the traders have put down their last bets on retail stocks. The positions are hanging on desks with great care while out in the world the best deals sit there. The events of The Night Before Christmas took place just a few miles from Wall Street, in
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Though the electric vehicle industry may be struggling, certain EV stocks hedge funds are buying could offer hope for contrarians. To be sure, one of the sector exchange-traded funds Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) fell nearly 37% on a year-to-date basis. Therefore, investors do need to be cautious about engaging in this
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Will Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) join the Big Tech layoff club? It’s a valid question, but GOOG stock investors shouldn’t worry too much. If there is a large-scale workforce reduction at Google, it’s a sign that the company is being proactive in navigating a challenging economy. Don’t misunderstand — layoffs aren’t
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This article focuses on penny stocks with “buy” ratings from analysts. Analysts have access to information about  companies that retail investors cannot obtain. Consequently,  analysts’ opinions on stocks are noteworthy. Analysts’ ratings aren’t always accurate. But they can be helpful in volatile times when investors are looking for stocks that are safe to buy for
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