Ahead of Tesla’s (NASDAQ:TSLA) upcoming quarterly earnings release, the TSLA stock sell-off has continued. The market has soured on electric vehicle plays, and not only smaller, more speculative names. Even this established and profitable EV market leader has become the victim of shifting market sentiment. Worse yet, there is a strong chance that this sell-off
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There are many ways to add artificial intelligence (AI) technology exposure to your portfolio. Here’s an unexpected way to do this, while also positioning your portfolio for growth in 2024. Conduct your due diligence on Salesforce (NYSE:CRM) and, after discovering what makes this company essential to today’s businesses, consider a position in CRM stock. Just
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As the market shakes out, it’s time to consider which EV stocks to avoid. It’s no secret that 2023 was an incredibly tough year for the electric vehicle industry. The industry is going through growing pains that have caused material demand issues that continue to reverberate throughout. That truth is reflected perhaps nowhere better than
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Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to
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While investors should probably direct the majority of their market-earmarked funds toward slow-and-steady ideas – à la Warren Buffett – sometimes, we end up with gambling money. And in that case, speculative stocks to double your money might make sense. To be 100% clear, anytime investors venture into high-risk, high-reward stocks, there’s a reason for
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Following a much-hyped introduction, space stocks have admittedly stunk up the field. Nevertheless, the underlying sector is only growing in relevance. Recently, Japan’s efforts to land a lunar rover on the moon reflect the heightened global competition in the space race. Fundamentally, this dynamic bodes well for the long haul. Some projections state that the
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Communications companies are a great addition to any investor’s portfolio due to the sector’s continued strength, especially recently. For example, industry leaders such as Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL) have seen their share prices rise by 181% and 57% within this last year, respectively. These are just some of the communication stocks that are on the rise. Communication
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