If you’re looking for stocks to buy that are up 200% or more in 2023, the S&P 500 won’t cut it. Only one name is up that much. I’m talking about the AI king. That would be Nvidia (NASDAQ:NVDA). Its shares have gained 232% year to date (YTD). But, broaden the search to include all
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Alphabet (NASDAQ:GOOG; NASDAQ:GOOGL) stock climbed on the AI hype train Dec. 6 by launching Gemini, a Large Language Model it claims is better than OpenAI’s ChatGPT. Excitement over what AI can do, and what database computing is doing, has started a new computing arms race. Companies are demanding Nvidia (NASDAQ:NVDA) chips and software. They see
Some skeptics might say that no company is too big to fail. However, e-commerce giant Amazon (NASDAQ:AMZN) continues to deliver value and AMZN stock still has room to run. As Amazon continues to make smart moves to cement its position of strength in multiple business segments, investors can confidently choose to hold a few shares
It seems like only recently that media pundits were writing off Apple (NASDAQ:AAPL) stock, sometimes, you invest in an outstanding stock. Sometimes, you invest in a great company. And sometimes, as the late Charlie Munger would have said, you do both. For Munger, that was Costco (NASDAQ:COST). He loved the company and served on its
Nvidia (NASDAQ:NVDA) stock was one of the best-performing names in the S&P 500, tripling in value and having an outsized impact on the index’s overall performance for the year. NVDA stock is predicted to see strong gains. The median target price on the stock is about $600, or around a 25% improvement over where it currently
In this article OMF DVN CVS Follow your favorite stocksCREATE FREE ACCOUNT A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021. Andrew Kelly | Reuters Several dividend stocks had a rough year due to elevated interest rates. With the Federal Reserve signaling rate cuts in 2024, dividend stocks
The bulls look to be firmly in control of the stock market now. The U.S. Federal Reserve has pivoted away from its monetary tightening regime and signaled three interest rate cuts in 2024. However, while the Santa Claus rally now appears in full swing, not every stock is celebrating as we close the year. Some
Semiconductors form the backbone of many devices and appliances. Semiconductor chips power up computers, smartphones, cars, refrigerators and other products that people use every day. The semiconductor industry has large corporations lining up for chips and services. The industry has rewarded many investors, and the VanEck Semiconductor ETF (NASDAQ:SMH) captures this trend. The ETF has gained 317%
Santa came early this year for growth stocks. The existing December rally accelerated on news that the Federal Reserve will likely begin cutting rates next year. And to be clear, growth stocks are most impacted by higher rates. These companies tend to be smaller and need debt to expand their operational reach. As interest rates
One of the biggest stories of the year has been the rise of AI in every industry. This trend will hit biotech stocks no less than any others. Already, cutting edge healthcare stocks are getting into the AI boom. Medical science has much to gain from AI innovation. AI is bringing the ability to test and
The technology sector is soaring as a leading market performer this year. Notably, the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is up an astounding 52%. Despite these gains, there remain undervalued tech stocks to consider in December. Due to the rally, most technology stocks are a bit overvalued. The AI buzz has lifted many boats,
The crypto market’s recent upswing presents a favorable opportunity for certain Christmas crypto picks. The 2023 market rebound has renewed investor optimism moving into 2024, driven by factors like the potential approval of a Bitcoin ETF. Key focus areas include the development of major cryptocurrencies and a preference for utility over meme cryptos. Among various
In this article TRMB Follow your favorite stocksCREATE FREE ACCOUNT Visoot Uthairam | Moment | Getty Images Company: Trimble (TRMB) Trimble is a provider of technology solutions that enables professionals and field mobile workers to improve or transform their work processes. It operates through four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation.
At the end of November, Amazon (NASDAQ:AMZN) announced that BYD (OTCMKTS:BYDDY) had selected Amazon Web Services (AWS) as its preferred cloud provider for its connected vehicle platform. Amazon stock barely budged on the news. You would think that the world’s leading manufacturer of new energy vehicles, including hybrid and battery-electric vehicles, would excite investors about
Penny stocks can be your best friend but also your worst enemy. Although individual pennies often provide lucrative returns, a diversified penny stock portfolio tends to underperform the S&P 500. Therefore, it is essential to revise your penny stock portfolio frequently. Furthermore, fundamental aspects suggest penny stocks may end up under the pump early next year.
It’s been a mixed year for electric vehicle stocks. Global adoption of EVs has continued amidst economic and inflationary headwinds. I believe that temporary headwinds are a good opportunity to accumulate quality EV stocks. Within the broad EV segment, there are some good opportunities among undervalued battery stocks. Let me first talk about the reason
Cash flow is the lifeblood of durable dividend stocks. When it comes to dividend stocks, there’s an elite tier of companies I like to call the “cash machines.” These stocks have stood the test of time by generating hearty profits on a consistent basis. Further, these companies share that bounty with shareholders year in and
As technology advances in our era, biotechnology is not far behind. Modern day medical advancements are impressive, and the company’s making these strides have incredible results to show for it. Let’s take a look at these biotech stocks. Kiniksa (KNSA) Source: aslysun / Shutterstock.com Kiniksa Pharmaceuticals (NASDAQ:KNSA) is like the superhero of the biotech world.
There are certain economic indicators that capture investors’ attention without fail, and anything suggesting a cooling job market tends to fall toward the top of the list. That’s because the stock market and the unemployment rate are correlated— at least they have been for the most part. When unemployment is high, the economy tends to
Millionaire-maker hydrogen stocks should be on your watch list. These companies have great upside potential via their strong catalysts and the industry’s progressive acceptance of hydrogen as a clean energy source. We’ll discuss three hydrogen stocks that could mint new millionaires due to their explosive growth trajectories and low market caps. The following companies represent