Stock Market

Weed, gold, and electric vehicle chargers. This unlikely trio stands among the best investments that can possibly double your money in the next year. Each stock at under $5 has potential to surge in the coming quarters, creating diversified sub-portfolios of high-beta names. Many investors want to modify asset allocation strategy based on the market

The market’s strong rebound this year is driven by excitement over AI advancements, boosting major indexes. Nvidia (NASDAQ:NVDA) stock dropped 4.9%, Microsoft (NASDAQ:MSFT) fell 2.7%, and Alphabet (NASDAQ:GOOG) slipped 2.4%, partly due to credit rating agency Fitch downgrading the U.S. debt rating. Quarterly results of another AI-focused firm fell short of expectations, contributing to the

Income investors should focus on stocks that pay solid yields but also those that have sustainable payouts and strong business models. The Dividend Kings are an excellent place to look for stocks with sustainable dividends, as they have raised their dividends each year for more than 50 consecutive years. The following three Dividend Kings have

This week, special counsel Jack Smith brought four charges against Donald Trump. The indictment against the former U.S. president alleges that he conspired to overturn the 2020 presidential election, severely undermining the electoral process. For the first time in our nation’s history, we are preparing to put a former president on trial for attacking the

After more than a year at sub-$10 per share prices, including a brief trip to penny stock territory, SoFi Technologies (NASDAQ:SOFI) shares are back in the double-digits. Chalk this all up to a well-received earnings late last month for SOFI stock. However, almost as quickly as they spiked back into the low-teens, shares in this

Artificial intelligence and data analytics are two of the most revolutionary technologies of our time, and at the heart of this revolution is Palantir Technologies (NYSE:PLTR). This software giant has carved out a significant slice of the market with its innovative data integration and AI-driven platforms, but is PLTR stock a wise investment choice after

It’s time to buy battery stocks. With the world going green, we’re seeing a massive shift to electric vehicles. Coupled with government incentives, stricter emissions regulations, advancements in technology, and global leaders demanding millions of EVs in the next decade, anything EV-related has been explosive. That includes demand for electric vehicle batteries. “As the global

For all the focus on Nvidia (NASDAQ:NVDA), Advanced Micro Devices’ (NASDAQ:AMD) strategy in the AI space is steadily gaining momentum. While it has yet to benefit significantly from its high-end AI accelerators, the company is set to ship these in Q4. Moreover, large-scale cloud service providers have been considering these accelerators as alternatives to Nvidia.

It shouldn’t surprise anyone in the U.S. that July 2023 was the hottest month ever recorded on Earth. It is so hot that some cities have gone an entire month without temperatures falling below 100 degrees Fahrenheit. Coincidentally, 2023 has been the summer for sizzling stocks.  The S&P 500 is up nearly 10% since the

Here’s some eye-popping math for you. From its July 26 closing price of $9.38 to its final price of $13.27 on July 28, QuantumScape (NYSE:QS) stock rallied approximately 41.5%. Today, I’m going to recommend that QuantumScape’s investors got lucky and should strongly consider taking profits. There may be even a short-selling opportunity here. That’s how irrational

Palantir (NYSE:PLTR) stock is among the names that have seen impressive moves in recent weeks. In fact, shares of PLTR stock surged over 10% because a veteran Wall Street analyst initiated coverage and had some positive remarks. The market’s momentum further boosted gains. While many analysts on Wall Street have been bullish about the stock,

Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes. Citing data from Motor Intelligence, a Wall Street Journal report highlighted that U.S. EV sales increased 50% to

Over the past few years, Amazon’s (NASDAQ:AMZN) performance has been a roller-coaster ride. AMZN stock plummeted by 50% from January to December 2022 as market concerns grew about the impact of inflation and potential interest rate hikes by the Federal Reserve. However, in 2023, the stock has been on fire, substantially undoing a big chunk

Wind and solar will continue to get the lion’s share of the headlines as it relates to the world’s clean energy transition. However, it may also be time for investors to consider investing in clean water stocks as part of a balanced clean energy portfolio.   Concerns about water quality will drive the growth in

For many investors, the sudden rise of Nvidia (NASDAQ:NVDA) stock is a mystery. Telling them it’s about AI only deepens the mystery. This means many people are getting in on a good thing without knowing what the good thing is. Since the start of 2023, NVDA stock is up over 210%. They’re worth 48% more than

Microsoft (NASDAQ:MSFT), a tech giant globally known for its robust portfolio of services and products, has had a remarkable surge in its performance. We’ve all heard about the “Magnificent 7,” and it’s clear that MSFT stock owners have meaningfully outperformed relative to the S&P 500. Microsoft’s financial health has been consistently robust, with the company

Among electric vehicle stocks, Nio (NYSE:NIO) is one that makes big moves, on news both directly and indirectly tied to the China-based EV maker’s potential prospects. A prime example of this is with the reason behind the latest spike in price for NIO stock. Already trending since the start of the month, NIO stock made