Most of the time, professional financial advisors steer you toward reliable blue chips, not necessarily stocks with millionaire potential. Well, let’s back up for a moment. Effectively, all forwarded ideas from professional money managers command millionaire potential. The real question is, how long will it take to get there? Sure, I suppose that every baseball
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If you go to certain corners of YouTube, targeting winning stocks for a booming economy is simply out of the question. The sky is falling, martial law will be declared and it’s time to buy gold, guns and patriot seeds. And there’s absolutely nothing wrong with being prepared. However, being too prepared for a negative
In December 2023, I published the list of the top 500 stocks to buy for 2024, ranked by AI. My AI system, MarketMasterAI, had honed in on higher-growth blue chips like Mastercard (NYSE:MA) and payments processor Automatic Data Processing (NASDAQ:ADP) to ride for the next six months. Meanwhile, lower-quality firms like struggling EV maker Rivian
When it comes to understanding the potential movement of stocks, the relative strength index (RSI) is a valuable tool. It is a momentum indicator measuring price changes, giving valuable insights as it oscillates from 0 to 100. Readings over 70 indicate an asset is overbought and below 30 oversold. Typically, these points mark high and
Infrastructure stocks already promise to be a big winner in the 2024 election as tensions heat up over America’s current road, bridge, and waterway conditions. While the current administration developed a substantial infrastructure plan, many feel there’s a long road (pun intended) ahead. Talking heads are already bemoaning the poor state of U.S. infrastructure development.
In 2023, the United States housing market experienced a significant downturn, driven by the Federal Reserve’s hawkish monetary policy. This tightening of financial conditions led to a remarkably inaccessible market, especially for first-time buyers. Hence, the dream of homeownership has been overshadowed by rising housing costs, limited inventory, and competitive bidding processes. The outlook for
The pullbacks in the broader indices precipitated this list of undervalued stocks under $20. When done successfully, the biggest gains may come from investors adopting a contrarian stance. This is because investing early or against the grain may assume more risk, but this too comes with more rewards. These undervalued stocks under $20 represent a
Biotechnology companies are within an ever-changing segment of the stock market. They are some of the most volatile stocks in the market, which may be why investors flock to or avoid these companies. The biotech industry is one for investors looking for massive growth potential because news regarding a clinical trial or earnings results could
The trillion-dollar market valuation club is currently dominated by the tech sector. Saudi Aramco is the sole exception. The other six members are all part of the Nasdaq’s Magnificent Seven. But if people keep getting prescriptions for popular weight loss drugs Mounjaro and Ozempic, it may not be long before the two Big Pharma firms
Tesla (NASDAQ:TSLA) has long been the odd duckling of the Magnificent Seven, the group of seven high-performing tech companies that have dominated the S&P 500 over the past year and change. Unlike the other six… Costs. Tesla makes its money from high-cost manufacturing, which depresses gross margins and lowers cash returns on investment. Auto manufacturing
I’ve been tasked with recommending three big data stocks to sell in February. There’s no question that 2023 was the year of artificial intelligence (AI). A day didn’t go by when a story about AI appeared in the investment media. One area of technology that relies heavily on AI is big data. TechTarget.com contributor Kathleen
In August 2023, Rolls-Royce unveiled the Droptail, the most expensive production vehicle in the world. According to industry estimates, the four vehicles produced will cost roughly $28 million each. And these superyachts on wheels will feature customizations that test the term “production vehicle.” One will feature a champagne refrigerator built specifically for the owner’s vineyard
In this article BTC.CM= CLSK Follow your favorite stocksCREATE FREE ACCOUNT An array of bitcoin mining units inside a container at a Cleanspark facility in College Park, Georgia, U.S., on Friday, April 22, 2022. Elijah Nouvelage | Bloomberg | Getty Images Bitcoin miner CleanSpark climbed on Tuesday after the company said it will acquire new
As 2023 wrapped up, Russell 2000 stocks, mirroring the dynamics of small-to-mid-cap companies, showed resilience, outperforming their initial stance. The iShares Russell 2000 ETF (NYSEARCA:IWM), a key barometer for these stocks, boasts over $60 billion in assets and a robust daily trading volume surpassing 40 million, setting an impressive stage for these agile market players.
Artificial intelligence (AI) continues to be a major catalyst for the stock market. Most of the growth in the market continues to be concentrated in securities of technology companies, in particular those that are involved in AI. New products for consumers and businesses that incorporate AI are being rolled out at a lightning-fast rate, and
Cybersecurity firms have tremendous runways due to the rise of hackers and a constant need to keep data safe. Many cybersecurity corporations generate recurring revenue which creates more predictable cash flow and higher growth rates. While you can choose from many cybersecurity stocks, some industry leaders are gaining market share at a faster rate than
There are some doomed tech stocks to sell amid the broader indices, like the Nasdaq, heading lower. These companies face a myriad of challenges that make them risky investments. Investors need to reevaluate their portfolios and identify companies with fundamental issues that may not weather the storm of what could be a dicey bear market
Artificial intelligence stocks have captured headlines and captivated investors for several years. However, the excitement reached the mainstream in 2023 as many firms delivered exceptional earnings. The trend has continued in 2024, with artificial intelligence stocks leading the way yet again. However, some AI stocks have missed the rally, while others look undervalued despite strong
In light of recent developments from the Federal Reserve, with Chair Jerome Powell’s apparent reluctance to cut interest rates in the upcoming March meeting, the telecom sector faces growing uncertainty. The shift in analyst expectations now anticipates only a 34% chance of rate cuts, contrasting sharply with the previous 73% forecast. This led to a
Investing in dividend stocks is generally reserved for those who prefer steady returns and low volatility over the thrill of rapid potential gains. Investors saw tech stocks explode in 2023 as artificial intelligence emerged. In 2024, investors expect further growth but are also hesitant. Economists believe that a soft landing is the most likely scenario. Let’s all hope that