Since going public in June 2021, SoFi Technologies (NASDAQ:SOFI) hasn’t met investor expectations. Despite a 59% drop from its IPO price, it rebounded in 2023, surging 98%. Before buying, it’s crucial to consider the pros and cons of this fintech stock. Moreover, SOFI has experienced a rollercoaster ride. Despite facing challenges due to the extended
Suffice it to say, Clorox (NYSE:CLX) is roundly unloved on Wall Street right now. The pessimism may continue for a little while longer, so don’t be too early if you’re planning to buy CLX stock. It shouldn’t be too much longer before a big window of opportunity opens up, however. Clorox is America’s famous seller
Over the past year, Mullen Automotive’s (NASDAQ:MULN) stock has been a rollercoaster ride, with wild price swings between 10 cents and $5. The incredible volatility has likely minted some hugely profitable trades for lucky speculators. However, for most investors, I suggest avoiding this battleground stock altogether. Despite intriguing long-term plans, Mullen’s historical price performance and
In the financial market’s AI race, investors are focusing on specific stocks. Palantir (NYSE:PLTR) has gained significant attention recently, with its stock more than doubling year-to-date, outperforming many other AI-related companies. For growth investors, the key question is whether PLTR stock is a worthwhile buy at its current levels or if its rally is mostly
After AMC (NYSE:AMC) announced on Sept. 26 that it would distribute Taylor Swift’s movie globally and over $100 million of advance tickets were purchased for the film, AMC stock soared 25%. Given that impressive rally, I believe that huge, record-breaking profits for AMC on the film are already baked into the stock. Moreover, the shares
The debt woes facing corporate America are real, as indicated by an increase in debt defaults. In July, Business Insider reported that 55 U.S. companies had defaulted within the first six months of the year, 53% higher than a year earlier. “A tougher credit environment combined with a full-blown recession could result in nearly a
In 2023, stocks have generally fared better than the previous year. Yet, some high-growth stocks have slowed down amid uncertainties like a potential recession and higher interest rates. Despite a strong first half of the year, major indexes have recently retreated. This pullback has created an opportunity to invest in industry-leading companies at reduced prices.
These seven stocks are in trouble. While the broader market struggles with ongoing interest rate hikes, constrained cash and more, these seven stocks suffer more than most. But all hope isn’t lost — if the companies can mount buyouts. Oftentimes, larger firms hunt for smaller firms with a semi-viable product or existing operational model for
The future of solar is bright and governments across the world are trying their best to achieve their goal to transition towards a carbon-free electric grid. This is spelling big things for solar stocks. While it is easier said than done, we have seen tremendous progress this year and I believe this momentum is set
In the landscape of AI, certain companies stand out as titans of rapid and robust growth. As the world ventures into 2024, three AI stocks promise exciting opportunities and transformative forces that will shape industries and redefine possibilities. Having said that, there are some game-changing AI stocks that you should consider adding to your portfolio.
Meta Platforms (NASDAQ:META) has staged an impressive comeback from its lows last year, gaining over 250% to climb back above the $300 level. After the stock’s sharp ascent, some investors are wondering whether this rally has been overdone, and if this stock is due for a pullback. That’s especially the case if broader market sentiment
A lot of investors are interested in QuantumScape (NYSE:QS) as a long-term wager on solid-state EV battery technology. However, there are plenty of traders interested in QS stock for another reason. That would be QS’s potential to experience another turbo-charged rally. Such rallies have happened twice this year. Who’s to say a third one can’t
Don’t sleep on Advanced Micro Devices (NASDAQ:AMD). The microchip and semiconductor company is fast becoming a leader in the market for advanced artificial intelligence technologies and taking market share from competitors in the process. This article will touch on the great reasons you should invest in AMD stock. While much of the discussion around AI
As uncertainty seems to dominate, it might be time to look for stocks to own during a downturn. For 10 straight months, investors enjoyed a strong comeback rally in the S&P 500. After plunging sharply into bear market territory last year, the broad-based index roared ahead 28% in 2023 to hit a peak at the
Procter & Gamble (NYSE:PG) stock is one of the quintessential defensive plays, but it stock hasn’t exactly been a safe harbor recently. Shares have dropped compared to that of the broad market. Now, there’s a good reason for this relatively large move lower. As many investors buy this stock for the dividend, the latest news
Microsoft (NASDAQ:MSFT) stock might be a “Magnificent Seven” play, but it still has challenges. It’s fine if you’re bullish on artificial intelligence technology. Just don’t feel the need to be a perma-bull as regulatory obstacles could cause ongoing problems for Microsoft. MSFT has risen substantially in 2023, especially after the company invested in the technology powering
In this article DIS ZS XOM SPOT OWL Follow your favorite stocksCREATE FREE ACCOUNT An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023. Michael M. Santiago | Getty Images Check out the companies making headlines before the bell: Walt Disney — Shares of the media giant rose more
Nervous investors are turning to defensive stocks, and there’s plenty of reason to be among their ranks. The U.S. Federal Reserve’s continuing battle to control inflation is the primary reason catalyzing increasing nervousness. A few weeks ago, the Fed signaled that rates will be held higher for longer. That introduced new fear into the markets.
It’s no secret that Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) CEO Warren Buffett is a major investor in Occidental Petroleum (NYSE:OXY). It’s been reported that Buffett holds more than 2.24 million shares of OXY stock and collects substantial quarterly dividends from those shares. Yet, Buffett wouldn’t just buy a stock to collect dividends. To meet Buffett’s criteria, Occidental
For the second straight year, American states will receive huge amounts of money allocated by the Bipartisan Infrastructure Law. For example, New York state is getting $2.76 billion for the current fiscal year, Vermont is receiving $329 million, and Oregon is obtaining $757 million. Most of these funds will be used to bankroll traditional transportation