Prices for crude oil have risen to their highest level in five months amid growing concerns of tighter supplies fueled by OPEC+ production cuts and turmoil in the Middle East. The price of Brent crude oil, the international standard, is currently at $90.19 per barrel, having risen more than 5% since the start of April.
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Consumption spending is the key growth driver for the U.S. economy. Within consumption spending, retail sales are an important catalyst for GDP growth. Given this fact, some large retailers have been evergreen stocks in the last few decades. However, with macroeconomic and inflationary headwinds, retail stocks have been relatively subdued in the last 24 months.
The Forbes 400 is a list of America’s 400 wealthiest people. Right now, to get on the coveted list, one’s net worth has to be at least $2.9 billion. According to Forbes, the wealthiest 400 have a combined net worth of $4.5 trillion, with many of the names getting rich from technology. Although many billionaires
Strong buy companies are a great place to start when seeking companies to invest in. It can require a fair amount of effort and research to find stocks that are also trading at a bargain rate. It’s difficult to predict if a company will become or remain profitable. You can only refer to information such
In January, I published MarketMasterAI’s top 500 stocks to buy for the first half of 2024. The AI-powered system ranked the largest American firms by market capitalization and chose what it believed to be the best investments for the next six months. The first three months have been admittedly mixed. A-grade companies have performed splendidly,
The 2024 presidential election is shaping up to be just as exciting and contentious the 2020 contest. That’s because it looks to be a rematch between President Biden and former President Trump. There’s a wildcard thrown in this time with Robert Kennedy Jr. running an independent campaign that could pull voters from both sides. The
The threat of cyber crimes is on the rise, making cybersecurity stocks one of the biggest investment trends for the next decade. Demand for robust cybersecurity solutions continues to grow exponentially. According to Mckinsey and Company, the total addressable market for cybersecurity could amount to approximately $2 trillion. They estimate that it could be worth
In February, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon unloaded $150 million of his company’s stock – his first-ever sale. Shares of the bank had risen 70% since 2022, and valuations were beginning to look rich. He’s not the only one who seems worried. Last month, Morningstar analyst Sarah Hansen noted that banks no longer traded
Investing in the stock market can get you closer to retirement. Portfolios compound over time as investment opportunities realize their potential. Some investors accumulate growth stocks and hope that those stocks will appreciate significantly within a few decades. However, some of these corporations have high risks that can deteriorate shareholder value. Retirement stocks offer more
It’s no secret that tech stocks are on fire. The major American stock indexes have reached new highs in 2024, with growth and technology companies leading the way. There are good reasons for much of these gains, such as the booms that we’re seeing in artificial intelligence and semiconductors right now. However, not all tech
With the S&P 500 yielding less than 2% on average right now, high dividend stocks are hard to find. Even though interest rates have risen significantly over the past few years, the major equity indices are broadly unappealing for income investors. Fortunately, investors can still find high dividend stocks… even in this market. The following
Investing in stocks is a high-risk endeavor, no matter how seasoned an investor you are. There will always be some that catch you off guard and throw your portfolio into a string of losses that are hard to recover from. Many people tout “holy grail” strategies, especially on social media. I believe they’re all wishful
While electric vehicles may be the future of mobility and transportation, an old industry is gaining significant relevance, thus driving the case for auto stocks to buy. Further, this fresh dynamic might not fade anytime soon. Fundamentally, one of the biggest challenges facing the EV sector is the ongoing price war. One could make the
Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential. The first one is a leading company in the building materials sector. It has excellent sales growth supported by a competitive pricing approach. Additionally, the company demonstrates successful market penetration
Some large retail stocks, including many major department stores that are focused on apparel, are struggling. Macy’s (NYSE:M) plans to close 150 stores by 2026. History shows store closings for brick-and-mortar-oriented retailers is often the prelude to tremendous financial struggles and, ultimately, bankruptcy. But more generalized, big-box retail stocks, such as Walmart (NYSE:WMT) and Target
Many investors dream of getting in early on the next big tech startup that will turn into a behemoth like Google (NASDAQ:GOOG, NASDAQ:GOOGL) or Amazon (NASDAQ:AMZN). Finding and investing in the next unicorn company while it is still in its infancy would lead to almost unfathomable returns. However, picking winners is easier said than done.
Copper stocks have continued to rally in 2024. According to the International Energy Agency, the global demand for copper will double over the next two decades as the world marches towards electrification and sustainable energy solutions. However, despite the rising demand, there is limited supply available for the red-orange metal. China is the world’s leading
It’s been a volatile start to the second quarter for many sectors. However, investors continue to seek out undervalued biotech stocks for robust returns over the long term. Plenty of options exist in various niches within the biotech sector. That said, investor focus remains on key sectors, including weight-loss drugs, Parkinson’s treatments and drugs aimed
If you’re investing under the assumption that Apple (NASDAQ:AAPL) is infallible and invincible, think again. As the company shows cracks in the armor, AAPL stock gets a “D” grade and we’re not giving it a confident recommendation today. We’ve already pointed out some problems with the seemingly almighty Apple. For example, iPhone shipments fell by approximately 33% year over year
Lucid stock (NASDAQ:LCID) burst into the scene with its sleek, high performance luxury electric vehicles (EVs). The company’s initial promise and bold claims after its IPO in 2021 garnered significant investor attention. However, 2024 could be the year that the music stops for Lucid stock. Plagued by questionable leadership decisions, dwindling cash reserves, and an