While it’s never easy to identify multibagger stocks, this may be one of the best times in decades to “swing for the fences” by buying undervalued growth names that are well-positioned to at least triple over the next few years. Amid excessive worries about interest rates, the Street has pushed down many unprofitable, high-potential companies’
It’s been a rough few months for lithium stocks. Albemarle (NYSE:ALB) slipped from about $250 to $126.16. Lithium Americas (NYSE:LAC) fell from about $22 to $6.52. The Global X Lithium ETF (NYSEARCA:LIT) dropped from $68 to $48.30. Livent Corp. (NYSE:LTHM) dropped from about $29 to $14.32. Piedmont Lithium (NASDAQ:PLL) fell from $62.50 to $27.18. All thanks to oversupply issues, and slower global adoption of
In stock investments, certain companies capture the attention and capital of elite investors. Exploring the bustling landscape of millionaire’s baskets reveals a trio of enterprises. These companies stand as pillars of strategic growth and financial prowess. They are enticing the wealthy investors to pour their money into these promising stocks. The first stock on the
Once again, growth stocks have outperformed value stocks led by the impressive Magnificent Seven. While these large-cap stocks are profit machines, they might not maintain revenue growth at current levels due to the laws of large numbers. In contrast, smaller emerging growth stocks can grow revenues at higher rates for several years or decades. So
Tax settlement firms claim they can reduce or even eliminate the amount you owe to the IRS. Find out the facts behind this alluring fiction.
With the global economy recovering from a post-pandemic world, investors are on the lookout for lucrative stock market opportunities. However, amidst the most promising prospects, there exists a cohort of underperforming stocks. In order to be strategic, take these underperforming stocks to drop and bid them adieu. Several factors can contribute to underperforming stocks ranging
Urban mobility stocks are positioned to continue to deliver strong gains for investors. These companies are reasonably priced, and analysts expect them to be strong future performers. If you are looking for the best urban mobility stocks to buy, look no further. In this article, I’ve covered three articles that represent the best value for
The release of OpenAI‘s generative artificial intelligence (AI) chatbot, ChatGPT, set the world on fire with the technology’s nascent potential. Yet the practicality of Nvidia‘s (NASDAQ:NVDA) chips, which allow AI to function to its full potential, arguably showed investors how they could profit from it. Nvidia stock became a rocket. Just this year its shares
From the boom in big tech stocks fueled by enthusiasm for developments in AI to historic strikes by workers for better wages, we take a look back at just a few of the forces that shaped 2023, in charts.
Here’s what you need to know with the crypto markets looking ahead to the next year, standing at the cusp of important events such as the fate of the approval of a spot Bitcoin exchange-traded fund, Bitcoin halving, and developments in crypto regulation.
The Department of Education released new details Monday on how may be covered by proposed federal rules around student loan forgiveness that could be finalized next year.
Today’s best CD rates are 5.88% for 7 months from West Town Bank & Trust, 5.80% for 18 months from Seattle Bank, and 5.77% for 11 months from West Town Bank & Trust.
The holiday shopping season is off to a rip-roaring start. Industry data shows that consumers spent a record $9.8 billion shopping for Black Friday deals this year, and a record $12.4 billion shopping during Cyber Monday. On average, consumers spent $321.41 on holiday-related purchases over the Thanksgiving holiday weekend, with toys, electronics, and gift cards
Investing in growth stocks has proved to be the winning strategy over the past 15 years. However, investors have also seen the downside of owning speculative growth names during downturns. For instance, the one we saw in 2022 as interest rates climbed higher suddenly comes to mind. Indeed, the well-established negative correlation between rising interest
Investors will look back on 2023 as the year when artificial intelligence (AI) went mainstream. But as the calendar gets ready to turn to 2024, the question is how investors should approach the future of AI, particularly as that future relates to AI stocks. For context, you can look back to the dawn of the internet.
There are good entertainment stocks, and then there are lousy entertainment stocks, such as AMC Entertainment (NYSE:AMC). The headline told the story. AMC Stock Falls After Disney’s Box Office Flop. Shares Are on Track for Their Worst Year Ever. I don’t know about you, but “ever” is long. As Barron’s pointed out, the movie business
In the dynamic world of investment, Cathie Wood is a name that shines brightly. Wood, born in 1955, began her career in finance in the late 1970s. She gained recognition for founding Ark Invest ETFs in 2014, known for investing in innovation and disruptive technology. Renowned for her keen eye for pioneering and disruptive companies,
The revised growth figures for the third quarter underscore the strong American economy. It records a rapid annualized growth rate of 5.2 percent, the highest since 2014. In stands in stark contrast to the lackluster performance in the U.K. and Europe. President Biden’s 2022 Inflation Reduction Act largely accounts for the current strength of the
The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) shed over 15% of its market value since the turn of the year, suggesting the lithium industry is subject to systematic headwinds. Although lithium stocks have surrendered value, we need to put matters into perspective before committing to long-term investment decisions. Firstly, consider that, like most commodity prices,
Find out why the Cayman Islands is considered a tax haven and why this location is so popular among those looking to reduce their tax liability.