PayPal (NASDAQ:PYPL) is the leading pure-play fintech company, and it’s growing fairly rapidly. Moreover, the company is quite profitable, and its new CEO looks poised to meaningfully boost its bottom line to please the Street. Finally, the valuation of PYPL stock is very low, and the shares have important, powerful macro catalysts going forward. Here
Joby Aviation (NYSE:JOBY) offers a unique and intriguing investment opportunity for long-term investors looking at sectors with high growth potential. The world of eVTOL (electric vertical takeoff and landing) aircraft manufacturing is one that’s still in its infancy. However, as we’ve seen with so many high-growth spaces, the time to invest in a given technology
Two things have become apparent regarding oil stocks. First, they have become incredibly cheap this year as share prices have retreated and given up much of the gains recorded in 2022. And second, they offer strong dividend payments to shareholders, with many offering yields that are more than double the 1.62% average among companies listed
From $47 billion to nearly worthless. That is the sad tale of WeWork (NYSE:WE), the co-working company and former unicorn darling of Silicon Valley. WeWork filed for Ch. 11 bankruptcy protection on Monday night. It’s been a stunning fall from grace for the company, co-founded by the enigmatic Adam Neumann. WeWork attracted a lot of
In its latest acquisition, Kinder Morgan announced plans to purchase NextEra Energy Partner’s South Texas pipeline system for $1.82 billion.
The energy sector continues to be challenging for investors to navigate. Crude oil prices peaked at $122 a barrel in June 2022 after Russia invaded Ukraine. Since then, prices for crude have dropped below $70 a barrel, rebounded to more than $90, and have now settled right around $80 per barrel. After 2022 record profits,
Rates on 30-year mortgages have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.
Electric vehicles are the future, but investing in this space is not as simple as it seems. The EV market may be booming, with dozens of new companies popping up every year trying to cash in on this mega trend. However, the reality is that only a handful of these players have what it takes
A recent article about bond king Bill Gross’ favorite banks got me thinking about large-cap stocks trading below book value. Gross liked these three bank stocks because they sold below book value and yielded 7% or more. The current price-to-book value ratio for the S&P 500 is 4.1, a multiple considerably higher than Gross’s bank
Investors face a complicated picture heading into the holiday season. War, inflation, high interest rates, and a potential recession are among the risk factors on the horizon. Many investors are understandably turning to fixed income and defensive stocks to ride out the current storm. By contrast, this is precisely the wrong time to be taking
While both Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD) have their own investor appeal, depending on what specific investors are looking for, NVDA stock has clearly outperformed recent months. That’s mostly thanks to broad-based AI hype, which has cooled down significantly in recent weeks. Thus, I expect NVDA stock to plateau in the short- to medium-term as
The price of gold is slightly below $2,000 an ounce and flirting with its all-time high of $2,074.88, reached in August 2020 during the depths of the COVID-19 pandemic. Gold has been marching higher in recent weeks following the outbreak of war between Israel and Hamas. The rising Middle East tensions are underpinning the price
The rollercoaster ride of the cannabis market has left many in the investing world dazed and confused. The sector’s volatility is marked by winds of optimism followed by spells of disappointment. Despite the industry’s volatility, though, hope hasn’t faded for the green gold rush that could follow full legalization. Yet, a nagging concern of overbought
Overlooking the rapid growth potential of e-commerce might leave some investors feeling out of step, perhaps even a bit behind the curve. While general consumer behavior has stabilized post-pandemic, e-commerce spending is expected to continue trending up. The goal for prudent investors is to smartly engage with top e-commerce stocks, which are likely to benefit
Amid a cloudy economic outlook, banks are getting choosier about who they lend money to and on what terms—with many lenders rejecting more credit applications for people with just okay credit scores.
Bankruptcy filings are on the rise. As the economic good times of the past few years are seemingly drawing to a close, it’s creating trouble for many publicly traded companies. Retail companies have been particularly hard hit. Firms such as Bed Bath & Beyond, Party City, and Rite Aid are among those that have already filed for bankruptcy and had
AI stocks have been the most critical sector in 2023. Early investments in leading chipmakers have provided the most substantial returns. Generative AI is a hot topic as it is highly applicable to business and continues to promise to revolutionize efficiency and costs. That said, the AI ecosystem is much more than chipmakers and generative
A few years ago, when the interest-rate policy was quite different, it might have made sense to invest in electric vehicle (EV) charging equipment provider ChargePoint (NYSE:CHPT). However, financial traders must adapt to changing environments. The current circumstances don’t favor a long position in CHPT stock. Now, I’m not suggesting that ChargePoint is a terrible company or anything
Meta Platforms (NASDAQ:META) promised a “year of efficiency” that included layoffs and other cost-cutting measures in 2023. The data suggests that Meta’s efficiency plan is working out well. Nevertheless, some shortsighted traders are selling META stock, but future-facing investors can pick up those shares at a nice price. In addition, Meta Platforms is making an intelligent move
Few stocks in this market get so much love and deliver so little in return as SoFi Technologies (NASDAQ:SOFI). I plead guilty to that. I bought into the hype back in 2021, and I’m still in the red. But almost half the analysts at Tipranks who still follow SoFi have the buy light on SOFI