Source: whiteMocca / Shutterstock U.S. tech equities sustained a jaw-breaking rally in 2023, with the Nasdaq beating all other indices, accruing a more than 43% return. Big tech and a number of other small-to-mid cap tech stocks have also been on the rise in 2024. The S&P 500 and Nasdaq have risen 7.15% and 8.5% on a year-to-date […]
Navigate the volatile pharma market by spotlighting the strategic stock sells essential for your portfolio’s health Recent trends in the stock market have seen a shift in investor interest from tech giants, known as the Magnificent 7, towards pharmaceutical companies, particularly those involved in weight-loss drugs. But, it’s important to identify which pharma stocks to […]
These securities have proven to be long-term disappointments and should be avoided Source: chanpipat / Shutterstock.com The market might be at an all-time high, but that doesn’t mean that every stock out there is a buy. The reality is that it remains a stock pickers world and investors need to choose wisely to ensure that […]
If you want to know which growth stocks to sell this month, you’re in the right place. Growth stocks have had a tremendous start to 2024. Between artificial intelligence (AI), semiconductors, quantum computing and other cutting-edge breakthroughs, this is a promising time for the sector. Even with all these promising developments, however, that isn’t a […]
Having gained almost 16,000% for early shareholders, there’s little doubt that electric vehicle manufacturer Tesla (NASDAQ:TSLA) ranks among the most groundbreaking enterprises in business history. At the same time, much of its success has been attributed to the company scooping up the low-hanging fruit. Now under a more mature market environment and with competitors moving […]
When considering a long-term framework, there’s a lot to like about online personal finance company SoFi Technologies (NASDAQ:SOFI). Throughout 2023, the company’s brand equity has steadily grown among U.S. adults. Even better, the message has resonated with its core demographic: high-earning young adults. Since millennials and Generation Z represent the future, the narrative seems compelling […]
Source: shutterstock.com/Leonid Sorokin The Dow Jones Industrial Average is meant to serve as a proxy for the U.S. economy. The index is comprised of 30 blue-chip stocks that represent different sectors and industries. Known as the “Dow 30,” the index recently made a big change when it removed the stock of retail pharmacy chain Walgreens […]
Source: Around the World Photos / Shutterstock.com Just when you thought the news couldn’t get any worse for electric vehicle manufacturer Lucid Group (NASDAQ:LCID), it seems like there are always more negative surprises around the corner. In a time when the EV industry is rife with challenges, the last thing you need to do is risk your […]
AMD stock will penetrate the AI GPU market, but don’t pounce on the stock just yet Source: Pamela Marciano / Shutterstock.com AMD (NASDAQ:AMD) stock has started off the year strong with the share price up nearly 50% YTD. They have been a market darling in the AI race, as the company plans to release their […]
Source: Khairil Azhar Junos/Shutterstock.com Tesla (NASDAQ:TSLA) stock remains the world’s most valuable auto company and by a wide margin. With a market cap of $558 billion, it’s worth $230 billion more than Toyota Motor (NYSE:TM), which is second at $329 billion. But the lead is narrowing. Toyota stock is up 75% over the last year. […]