Stocks to buy

Beginning in January 2024, EV buyers will receive an immediate $7,500 tax credit upfront at the dealership. The announcement promises to spark EV sales and revenues when it is adopted, and that makes preemptive purchases of such stocks attractive.  Analysts including S&P Global Mobility’s Stephanie Brinley note that the move simplifies the purchase process. The
The one constant with energy stocks, particularly as they relate to oil, is change. In early September, some analysts believed the rally in oil prices had reached their peak. Then Saudi Arabia and Russia announced they were capping production. War has broken out between Israel and Hamas. And recent data suggests that the long-expected recession
A double-edged sword if there ever was one, the September jobs report effectively put the Federal Reserve in a bind, catalyzing the case for stocks for rising interest rates. Sure, on the one hand, most governments aim for a robust labor market. Happy, employed workers obviously tend to be satisfied, thus reducing pressure on policymakers.
Tesla (NASDAQ:TSLA) initial public offering happened in June 2010. The offer price was $17 per share and TSLA stock closed the first trading day at $23.9. Adjusted for splits, TSLA stock is higher by 158x from the first day closing price. Indeed, the electric vehicle stock has been a massive value creator. Even today, it’s
Robotics stocks are one of the most interesting growth categories in the market. With scientific innovation and technology continually emerging, companies are harnessing the power and ease of automation. In the workforce, employee wages have soared since the onset of the pandemic. Strikes are increasing causing labor force instability. This makes it increasingly attractive for
With the United Auto Workers (UAW) union still on strike, the automotive industry continues in flux. Consequentially, the growth of electric vehicles continues uninterrupted. Demand for battery-powered cars, trucks, and sport utility vehicles (SUVs) continues rising. According to the International Energy Agency (IEA), the number of electric vehicles sold worldwide has tripled. In the last
Innovation is a key component of most huge stock gains. Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and Apple (NASDAQ:AAPL) all produced successful innovations that enabled their stocks to soar. Amazon developed its user-friendly online store, Apple created its iPhone, and Alphabet produced its wildly successful search engine. Innovative companies have been great long-term bets, but Wall
Of the 500 stocks listed in the benchmark S&P 500 index, only 51 (10%) are considered dividend kings and have increased their dividend payout to stockholders for 50 consecutive years or longer. Dividend kings are often stocks of long-established blue-chip companies that have prioritized returning capital to their shareholders through consistent dividend payments. These companies
The global economy’s momentum has slowed due to various factors like rising interest rates, the war in Ukraine and geopolitical tensions. The recent Israel-Hamas conflict adds more uncertainty. The IMF predicts global economic growth to be 2.9% in 2024, down from the previous forecast of 3% in July. Not even the breakout year enjoyed by
Consumers rely on energy companies for utilities, transportation, and other essentials. Many companies in this industry don’t have the highest valuations and tend to be safer investments. Energy is one of the last expenses consumers cut. People will still travel in their cars and pay to fill up their gas tanks. People in electric vehicles
Technological breakthroughs were a key theme for the stock market in 2023. From the vigor of AI to the rapid pulses of 5G, augmented reality (AR) and the expansive domain of the Internet of Things (IoT), our world is evolving at a breakneck pace. Consequently, tech stocks to buy now grace every discerning investor’s portfolio.
Warren Buffett is known for his buy-and-hold investing philosophy. He famously once said, “The best time to sell is never.” The strategy paid off handsomely for Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) shareholders. This has led to the emergence of famous Warren Buffett stocks The Oracle of Omaha generated 3.7 million percent returns for them since becoming