Businesses and consumers have used artificial intelligence (AI) before 2023, but ChatGPT’s launch thrust the technology into the spotlight. Many AI stocks led the stock market and outperformed major indices. Although AI stocks performed well in 2023, promising financials and tremendous runways suggest the rally can continue with plenty of AI stocks to buy for growth
Stocks to buy
Lithium stocks have been depressed through 2023 on the back of weakness in lithium’s price. And yet, the saying, “Be greedy when others are fearful,” perfectly fits lithium stocks today. Even at deeply oversold levels, buying interest has been relatively sluggish. However, I would recommend exposure to some of the best lithium stocks for multi-bagger
Flying car stocks are booming among retail investors as the technology approaches full-scale deployment. Last week, the Japanese company NEC tested a passenger-carrying aircraft. The vehicle stayed airborne for a minute. But Japan isn’t the only country eager to launch passenger-carrying aircraft. Dubai, Singapore, and New Zealand are among other countries ready to get in
Space exploration is no longer the stuff of science fiction. It was about a $447 billion industry last year. But researchers from McKinsey are forecasting this sector to grow to $1 trillion by 2030. That makes now a good time to look for moonshot space stocks. For many investors, a moonshot into space exploration may
In an economy tackling persistent inflation, where core prices edged up in November, and the year-on-year core rate remained at 4%, investors are looking toward the future. On a more positive note, with anticipated rate cuts on the horizon post-Fed’s recent meeting, the focus shifts to inflation-resistant investments. Consumer staples stocks emerge as a smart
In the relentless and dynamic waves of the cryptocurrency market, the resilience and adaptability of key players hold the essence of value growth. Amidst the volatile realm of digital currencies, three distinct names illuminate the landscape with their strategic moves and operational prowess. These companies, symbolic of the crypto industry’s dynamism, exhibit remarkable growth trajectories.
Fintech stocks represent companies that have built and continue to build payment platforms. The financial space continues to evolve away from traditional fiat money and toward more digital innovation. The space is characterized by annual growth rates that should continue at approximately 14% through 2030. The expectation of strong growth should be enough to continue to
Advanced Micro Devices (NASDAQ:AMD) has unveiled the “Ryzen 8040” microchips designed to enhance AI applications by 60%. Set for integration into laptops and PCs from Q1 2024; these chips are anticipated to drive revenue and stock performance for AMD stock. Additionally, AMD’s MI300X accelerator microchip, a competitor to Nvidia’s high-powered AI chips, is now available.
One can say Joby Aviation (NYSE:JOBY) stock traded sideways for much of the past six months, but it has more-than-doubled in price since January. This “future of transportation” play may have a gradual liftoff in the coming year. Even if its performance is far less impressive in 2024 compared to 2023, that’s not necessarily a
A seismic shift is underway for fintech stocks as three financial juggernauts emerge as the vanguards of fintech innovation, setting the stage for a transformative 2024. These titans wield disruptive strategies that promise to reshape the landscape of consumer finance and transaction processing. These three fintech stocks aren’t just companies; they are architects of change,
I generally have two methods for deciding whether stocks are ultracheap. The first method involves comparing the name’s price-earnings or price-sales ratio to its previous growth, and its expected growth in future years. Generally, if a company is growing very rapidly but its valuation is slightly above average or lower, I would view it as
Much like artificial intelligence, quantum computing could be a game-changer. All of which could have a substantial impact on quantum computing stocks. Its ability to perform tough calculations in just a few seconds could help improve and speed up drug development, for example. According to Forbes, “Scientists, such as those at Swiss pharmaceutical company, Roche hope that quantum
Gaming stocks are set for a record run as stronger-than-expected consumer confidence boosts holiday sales. At the same time, huge news for specific gaming stocks is sending shares soaring in anticipation. Though metaverse and Web3 gaming stocks took center stage in recent years, it might be time to go back to the fundamentals. These three
This challenging year for the electric vehicle (EV) industry is concluding on a positive note. As inflation subsides and consumer confidence improves, many EV stocks continue to rise. The shift to EVs is still in its early innings, with sustained demand growth expected for the long-term. Thus, now is a great time to look for high-growth
The real estate sector is a big deal in our economy. Beyond bricks and mortar, the sector creates jobs, services, and growth across the continental United States. Also, real estate stocks let you invest without buying actual buildings. It’s like owning a small part of the companies rather than the properties themselves. As a result,
We cannot end the year without adding a few penny stocks to our portfolio to take advantage of the opportunities coming up in the next cycle. Of course, we must rely on our investment thesis and our own analysis, but here I am to tell you a little about these undervalued penny stocks that are
The space industry is experiencing immense growth as global interest in space exploration increases. Analysts forecast the market may top $1 trillion within the next decade, and it presents an opportunity for investors to capitalize on the industry’s expansion. As technology evolves, the industry creates opportunities for organizations across transportation, communications, defense and more. That said,
In the realm of investment, pharma dividend stocks are a beacon for both stability and growth. This sector not only enhances the quality of life on a global scale but also presents lucrative opportunities for long-term investors. Moreover, given the evergreen nature of healthcare demand which remains sturdy across economic cycles, pharma businesses exhibit remarkable
Many investors are familiar with the idea that there are many reasons why insiders sell shares, but there’s only one reason they buy. Insider buying indicates a belief that a company’s stock is undervalued. Heavy insider buying should make you curious. When you research the reasons for why insiders are buying it can help reveal
After a tough year in the equities space in 2022, the market rebounded quite robustly, warranting a discussion of the best performing stocks of 2023. However, it’s no good to just consider empty statistics. After all, past results are no guarantee of future performance. So, the real question is, which one of the best-performing stocks