Riding the coattails of the so-called smart money isn’t a bad strategy. Just don’t blindly follow the stock buys and sells of billionaire investors. You need to do your own due diligence into whether the shares are worth putting your money at risk. Just because there are stocks the elite are buying doesn’t mean they should
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Let’s address the giant pink elephant in the room regarding oil stocks to buy: hydrocarbon prices are falling like a rock. According to a recent CNBC article, U.S. crude oil fell below $70 a barrel, closing at the lowest level since June. Also, Axios pointed out that record domestic oil production helped spark the sector-wide
Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong. Bloomberg | Bloomberg | Getty Images Hong Kong’s property market has plunged nearly 20% since its peak, and it may be a good time for homeowners to buy — but investors might want to think twice, according to Peter
In 2023, the landscape of high-growth investments is being reshaped by artificial intelligence. As a transformative business force, AI is catalyzing innovation. It’s making the top AI stocks a magnet for savvy investors. Trailblazers like OpenAI and Anthropic are leading this revolution, witnessing a revenue explosion that mirrors the sector’s dynamic evolution. Moreover, Statista forecasts
Wagering on the top blue-chip stocks to buy remains a pivotal strategy for investors in today’s ever-evolving stock market landscape. While the stock market is a fertile ground for long-term wealth creation, it’s also characterized by shades of volatility. In such times, investors gravitate towards blue-chip stocks, which offer stability amidst economic fluctuations. These are
AMD shares surged a day after the company launched its latest AI chip, with Microsoft, Meta, and OpenAI all set to use it.
The Nasdaq index continues to be the big winner in 2023, having risen 37%, nearly double the increase seen in the benchmark S&P 500 index. Technology stocks, especially ones associated with artificial intelligence (AI), have led the market out of the 2022 bear market. And while some tech stocks are now gasping for air after
Hardship personal loans are personal loans that are available to borrowers who are facing financial difficulties. Learn about various programs that offer financial help.
Healthcare stocks are a great way for investors to achieve long-term wealth creation. The healthcare sector is essential to solving some of the world’s most pressing issues from heart disease, Alzheimer’s, and cancer. And to be sure, there are a number of different healthcare companies that have outperformed the S&P 500 over the last decade.
The tech sector has been carrying the S&P 500 for most of the year, making investors very optimistic about its future. However, the scramble to buy into the area brings to mind the aphorism, “A rising tide lifts all boats.” That is to say, the increased optimism tends to overlook the glaring issues with some
Why would a personal loan be declined? Understand the main reasons that you may not have been approved for a personal loan, and how to improve your chances.
Find out how you can obtain dental insurance as part of a health plan or as a stand-alone product through the Health Insurance Marketplace.
Solar stocks have had a tough year due to rising interest rates and reduced sales. Solar industry growth in Europe has decelerated due to surplus inventories and reduced demand in crucial markets. In the United States, increased interest rates and a metering reform in California, the nation’s largest solar market, have dampened the demand for
Falling lithium prices have made lithium stocks a poor investment in 2023. That’s to the surprise of many analysts who believed the market for lithium would explode higher. Instead, lithium prices are below their cost of production. The pace of demand for electric vehicles (EVs) has been slower than expected, so the demand for
The retail sector has faced multiple challenges in the current year. Some of the headwinds include inflation, supply chain disruptions, and macroeconomic concerns. Additionally, tight monetary policies have impacted consumer spending trends to some extent. Amidst these headwinds, the valuation of some of the best retail stocks looks attractive. I believe that the next year
Pet stocks are an exciting way to diversify your portfolio. These companies ride high on the tailwinds of the pet care industry, which took many analysts by surprise. For instance, the market for pet insurance has doubled over the past four years, which gave insurers an untapped market to write policies. Similarly, the pet stocks
The metaverse market is predicted to surge to $507 billion by 2030, exhibiting a tenfold growth from its current standing, according to Statista. Accenture highlighted the metaverse as one of five key trends in its latest report on the banking sector. This strongly suggests that metaverse stocks will benefit significantly from this evolution. With mounting
The flying car industry remains nascent. Pretty much every stock within the sector is a penny stock. That means even the best-known names across the sector continue to be highly speculative. And with speculative investment comes the potential for huge returns. Gross will fuel those large returns. Depending upon where you look, expected growth rates
Buying stocks has proved to be one of the best ways to generate wealth over time. The strategy has beat buying gold, bonds, real estate, and even cryptocurrencies. Deutsche Bank (NYSE: DB) analysts found that over the past 100 years, equities beat out gold by 5.6% per year, housing prices by 6.6%, Treasuries by 6.8%,
Tesla (NASDAQ:TSLA) finally began rolling out the long-awaited Cybertruck last week. After waiting for years to see the futuristic vehicle’s debut, fans and investors alike were excited to see it on the road. However, Wall Street analysts predict that it won’t move the needle for TSLA stock and so far, they’ve been correct. That might