Stocks to buy

As seen with other popular AI plays, excitement for Advanced Micro Devices (NASDAQ:AMD) stock has accelerated to price levels not seen since 2021 thanks to growing excitement about the generative AI growth trend. That’s exciting news, for those already holding this stock. If the rising shares make you hesitant, I understand. Although there are investors

In 2024, the playbook for growth investors is likely to look similar to 2023. Tech stocks are expected to lead the way, and the interest in artificial intelligence (AI) is not expected to decline much.   However, while you can buy Nvidia (NASDAQ:NVDA) and call it a day, it comes with a lofty valuation. That

According to the Kelley Blue Book, Americans bought a record 1.2 million EVs in 2023 which is 7.6% of the total vehicles sold in the US. That’s up from 5.9% in 2022. Despite a recent decline in EV demand and rising interest rates, it looks like the future is electric and the demand will pick up

In the ever-evolving landscape of investment opportunities, the allure of artificial intelligence often dominates headlines. However, amidst the digital frenzy, there lies a trio of non-AI growth stocks poised to steal the spotlight in 2024. Buckle up as we unveil the untapped potential of these three contenders. Each hold the promise of substantial gains and

With tightening of monetary policies, global GDP growth has decelerated. This has resulted in a correction for oil as demand has declined on a relative basis. Further, oil and gas stocks have remained depressed. Also, several names trade at a valuation gap. In general, investors are aware of the likes of Chevron Corporation (NYSE:CVX) or

In the stock market, we hear big names all the time. But, since so many people already know their potential, the stocks are likely overvalued, with prices reflecting. However, the stocks flying under the radar are where you will find value. Since many don’t know about them, their valuation hasn’t yet reflected the massive potential

Cloud computing has helped millions of companies save time and money. Businesses don’t have to worry about hardware costs and can access data quickly. Also, cloud computing companies offer cybersecurity resources to keep data safe from hackers. Many stocks in the sector have outperformed the market over several years and can generate more gains in

Investing in hydrogen stocks offers a promising opportunity due to the growing global emphasis on clean energy solutions. Hydrogen energy emerges as a promising solution to address fuel production challenges and reduce harmful emissions. Projections suggest a potential 30% cost reduction in producing hydrogen from renewable electricity by 2030.  However, the slow development of hydrogen

The agricultural commodities sector was one of the hardest hit in recent years, thanks to the Russian invasion of Ukraine. Russia and Ukraine, the two largest wheat exporters, and their conflict disrupted the global food supply chain. Unfortunately, this came just as increasing global food demand collided with constrained production capacity. With the U.N. predicting

Last year was booming for artificial intelligence (AI). Generative AI became mainstream, and enterprises started making investments in the space. If you are wondering whether it is too late to invest, we are still in the early stages of adoption. This article discusses some AI stocks to buy that are central to this revolution. According

After soaring in 2020, space stocks return to earth as many companies descend from their previous highs. In 2020, space stocks returned 64% as a collective group; 2022 marked a hefty 12% loss (though still outperforming the S&P 500. While the verdict for 2023 isn’t yet in, expect space stocks to be fairly flat to

The New Year gives investors the opportunity to reassess their portfolios, determine their objectives and plan accordingly. Investors often go into a New Year hoping to outperform last year’s returns. Some stocks offer that possibility. While index funds can generate respectable returns, several growth stocks can comfortably exceed index returns and reward long-term investors.  With the

To say that AI stocks are popular with investors in 2024 would be an understatement.  In mid-December, Bloomberg published an article entitled The Year of Nvidia, AI Stocks and Lofty Valuations. As it highlighted, the Nasdaq 100 had its best year in 2023 in more than a decade.  Through the first two weeks of January,

When we imagine dividend aristocrats, a handful of big names take the spotlight. AT&T (NYSE:T), Realty Income (NYSE:O), Exxon Mobile (NYSE:XOM) — these are some of the common names investors flock to when finding income-generating options for their portfolio. But these names aren’t the only game in town and, in some cases, aren’t worth the

Can you imagine what it would be like to suddenly be without computers? Machines are a daily part of our lives, whether we’re at work, school, or home. Computers help us perform work, operate our vehicles and make items in our homes operate more smoothly. Operating all those machines are software, which is why buying

Despite challenges, SoFi Technologies (NASDAQ:SOFI) stock thrived in 2023, rising 85% on record revenue and member growth. The end of student loan forbearance boosted earnings, and SoFi stock 480,000 members and 847,000 products in Q3, showcasing effective cross-selling and customer retention. Banking, an age-old industry, has evolved significantly with technological advances disrupting various sectors. SoFi,

Investors have been preoccupied with interest rates over the past year. The Federal Reserve raised interest rates at its fastest rate in many years. This caused steep selloffs in many sectors of the stock market. For companies with heavy debtloads or high capital intensity, higher interest rates could be an existential risk. For other companies,

Small-cap semiconductor stocks have emerged as a promising investment opportunity, poised for substantial growth in 2024. As global demand for energy storage, automotive, robotics, and artificial intelligence soars, the industry holds tremendous long term potential.  Last year the global semiconductor industry saw a huge boom, driven by the increased demand for AI chips. However, artificial

Growth stocks tend to outperform industry peers in earnings or revenue growth, often holding higher valuations based on metrics like price-earnings, price-sales and price-free cash flow ratios. For these companies, maintaining strong momentum is crucial for their valuations to hold up over time. Accordingly, building a portfolio of the ultimate growth stocks usually means finding