Artificial intelligence (AI) breathed new life into technology stocks in 2023. However, heading into 2024, investors are becoming pickier about where to invest in AI. One area to consider is the metaverse. Artificial intelligence will facilitate the buildout of the metaverse. That’s a reason to consider adding metaverse stocks to your 2024 portfolio. Today,
Stocks to buy
After this year’s strong stock price performance, what lies ahead for Tesla (NASDAQ:TSLA)? That’s a question on the minds of many, given the number of headwinds that could negatively affect the performance of TSLA stock during 2024. These headwinds could cause less stellar results for the undisputed EV market leader. Sentiment for TSLA shifted back
Electric vehicle charging infrastructure providers have been depressed for an extended period. Even with positive industry tailwinds for the long term, the best EV charging stocks have trended lower. The reasons include growing competition and cash burn. However, after a deep correction, most EV charging stocks look undervalued. Therefore, it’s a good time to consider
Understandably, with the innovation sector printing a remarkable performance, all eyes have centered on Nasdaq-100 stocks. Indeed, on a year-to-date basis, the index shot up about 52%. That’s almost double the performance of the benchmark S&P 500. And that’s not a bad run for the S&P given the circumstances. Typically, though, higher performance comes with
One of the beautiful aspects of the derivatives market is that you don’t need to trade options to benefit from the underlying data; case in point is unusual options activity. Just like it sounds, this term represents options contracts that have seen aberrant spikes in volume relative to a benchmark metric, such as trailing one-month
The year 2024 holds a promising future for emerging fintech stocks. As the financial sector undergoes a profound digital overhaul, key players in payments and credit processing are poised to benefit. It is clear that the fintech leaders are not new, and you’ve probably already heard of them before. These companies monopolize new and existing
Many investors made it a point to avoid growth stocks after a disastrous 2022, but long-term investors were rewarded this year. And, even though many of the best growth stocks have taken off in recent months, investors can still find promising opportunities as the calendar flips to 2024. If you are shopping for growth stocks
In a sense, 2023 has been a great advertisement for contrary stocks. At the end of 2022, most of the Street was convinced that high interest rates would doom the economy and almost all stocks for the foreseeable future. Most large investors were hiding away in Treasury bills and highly defensive stocks. Then a few
2024 is shaping up to be very similar to 2023 for artificial intelligence. Overall, enterprises continue to be very optimistic about the potential of AI, in particular generative AI. That being said, here are seven top AI stocks for 2024 that investors may want to consider today. Nvidia (NVDA) Source: Sergio Photone / Shutterstock.com Discussion
Three trailblazing tech stocks stand at the forefront of the tech sector, wielding disruptive prowess to redefine industry norms. Their recent strides in multi-product adoption, customer-centric growth, and enterprise scalability are breeding market dominance. The first one’s intricate integration within client frameworks, the second one’s relentless pursuit of customer acquisition and retention, and the third
When it comes to forward-looking investment ideas, few are as relevant as robotics stocks. It’s really all in the numbers. According to Grand View Research, the global industrial automation and control systems market size reached a valuation of $172.26 billion last year. Moving forward, experts project that the sector could expand at a compound annual
Certain stocks have experienced exponential growth over the past year. Sectors such as buy now pay later, cryptocurrencies, and cybersecurity remain red hot. Therefore, stocks with exposure to those areas have run far in 2023. Ironically, many of the best performing stocks continue to fly under the radar, receiving little attention in the financial press.
In the dynamic theater of renewable energies, green hydrogen is grabbing headlines, dazzling investors and policymakers alike. Consequently, green hydrogen stocks are becoming the buzzwords in investment circles, resonating in both profit potential and planetary promise. From a humble 0.3 GW capacity in 2020, the forecast for 2030 is at a powerful 137 GW. Indeed,
You heard it here: 2024 could be an excellent year for stocks. The economy is improving, and specifically the third-quarter results were better than expected. This means we could see a significant upside in stocks in the coming months. However, if you are looking to make a steady income in 2024, it is advisable to
A wide range of tech stocks received a much-needed boost from artificial intelligence (AI) after an awful 2022. As we enter a new year, we could see lower rates and more powerful generative AI technologies. Investors lacking in AI stocks may seek to punch their tickets, even as valuations extend. Undoubtedly, the well-known AI stocks
The gig economy isn’t slowing down anytime soon, and exposure to gig economy stocks can help round out a diversified portfolio. End-of-year estimates peg 2023’s total gig economy volume around $455 billion, doubling from just five years ago. The factors contributing to the rise are obvious. Remote work trends, side hustles and the variety of
In a world grappling with climate extremes, the impacts of climate change are becoming increasingly tangible. Amidst this environmental upheaval, companies globally are stepping up, focusing on mitigating these changes. This shift has spotlighted climate change stocks, particularly those aiding in reducing our reliance on fossil fuels. Equally in demand are stocks related to EVs
It’s not easy to pick high-quality electric vehicle (EV) stocks, especially when the field is getting so crowded and competitive. However, EV manufacturer Rivian Automotive (NASDAQ:RIVN) stands out as one of the most promising automakers for 2024. Indeed, the coming year could bring substantial returns for forward-thinking RIVN stock investors. We’ve already witnessed bullish price action with
Investors in search of high-risk, high-reward investments can often find them among the top biotech stocks to buy. Identifying worthwhile opportunities can be easier said than done when investing in biotech. Extensive due diligence is required. Therefore you may want to consider taking into account whether a particular biotech stock is in the “Green Zone.”
Soon, it will be that favorite time of the quadrennial cycle where American citizens will decide the future of this great nation, subsequently necessitating a discussion about election year stocks. On surface level, you might think that such periods would be rather disastrous for equities, especially with the vituperative environment. However, the hard numbers suggest