Source: Michael Vi / Shutterstock A couple of weeks ago, there was significant activity (particularly in media coverage) regarding the seeming resurgence of meme stocks. The classics of the meme mania, AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME), rocketed higher. However, nearly as quickly as excitement for meme stocks regained momentum, the fervor seems to be […]
While swaths of insurance stocks are surging off the back of higher premiums, these companies aren’t doing as well Financial and financial technology stocks have had a decent run ever since interest rates rose. The Financial Select Sector SPDR Fund (NYSEARCA:XLF) is an exchange-traded fund that tracks 71 equities in the financial sector, including banking […]
Source: Who is Danny / Shutterstock.com Not all technology stocks are equal. While certain areas of the tech sector like microchips, cybersecurity and anything related to artificial intelligence (AI) are booming right now, others are struggling. Electric vehicles, smartphones and e-commerce platforms that rely on consumer discretionary spending. Looking at these company’s current financial results […]
As the restaurant industry continues to face post-pandemic era challenges, investors might want to consider selling a few restaurant stocks while they still can. These companies struggle with various issues such as declining sales, increasing costs and intense competition. Unfortunately, these have negatively impacted their financial performance and stock prices. Investors should evaluate these restaurant […]
Though defense industry stocks tend to stay steady, these three could be facing slowdowns Source: Nesterenko Maxym / Shutterstock.com Due to the current state of global tensions and the overall willingness of the U.S. government to continuously increase defense spending budgets, the defense industry is likely not worth betting against in the short term. That being said, […]
It’s important to be aware of the blue-chip stocks to avoid as we come to the end of the first-quarter earnings season, and cracks emerge in certain companies. Retailers, in particular, are struggling as inflation-battered consumers pull back their spending with interest rates elevated. Several prominent retailers posted mixed Q1 financial results and gave a […]
These lenders have problems that have hurt investor sentiment towards their share prices Source: TippaPatt / Shutterstock.com Bank stocks in the U.S. have staged a nice recovery. The S&P Banks Select Industry Index is up 33% over the past 12 months, outperforming a 26% gain in the benchmark S&P 500 index over the same period. […]
The past few years brought a great deal of excitement for green energy stocks and the renewable energy space overall. A flood of government investments and subsidies in the sector helped build investor interest. Meanwhile overseas disruptions, such as Russia’s invasion of Ukraine, placed traditional fossil fuel power sources at risk. That helped further prioritize […]
How long will the run in growth stocks continue? The Nasdaq-100 continues to make new all-time highs seemingly almost every week. Every dip, no matter how brief, is instantly bought up as traders pile in to profit from further bullish momentum. But trees don’t grow to the sky. At some point, the rally will end. […]
The Nasdaq Composite‘s rally has yet to abate, but there are still Nasdaq stocks to sell. The tech-heavy index has risen over 11% and is likely to edge upwards. Fueling the rally are two dynamics. On the one hand, the core consumer personal expenditures (PCE) index, which excludes volatile food and energy prices, increased only […]