Investors with a focus on dividend growth typically seek out high-quality stocks to own. While “high-quality” might mean different things to different investors, dividend growth investors often prefer names that have strong business models that can be successful even in a recessionary environment. Showing strong results under adverse conditions is a sign that the company’s
NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company fired CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, effective immediately. The company didn’t provide a reason for the termination. related investing news Wells Fargo says improving
Not long ago, I issued a bullish call on Nvidia (NASDAQ:NVDA) stock. I still like Nvidia’s long-term prospects as a company. However, I don’t recommend investing at any price. My concern is that artificial intelligence (AI) hype has distorted Nvidia’s valuation, so a share price pullback may be due. There are growth stocks in 2023, and
Gabby Jones | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay. related investing
Electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) certainly uses artificial intelligence (AI) to its advantage. However, this doesn’t automatically mean TSLA stock should be classified as an AI stock. Nevertheless, Tesla’s loyal investors can remain optimistic about the future prospects of the company and the stock. On May 12, I declared, “It’s definitely not too late to
While uncertainty looms large, long-term investors have an opportunity within some high-growth sectors in the stock market. The headlines are dominated by the impact of inflation and interest rates, which will likely cause some volatility in the near term. But zooming out further, there are plenty of opportunities for growth. In some cases, outsized growth.