Given that cannabis legalization is considered a growth trend, you may assume that there are few (if any) undervalued cannabis stocks. However, whether we’re talking about undervalued in the traditional sense of the term, or undervalued using other metrics, there are plenty of names in the space that fit within this category. There are companies
Stocks to buy
The integration of AI applications played a significant role in the Meta Platforms (NASDAQ:META) stock performance this year by helping Meta better monetize its Facebook and Instagram platforms. This, along with cost reductions and increased digital ad demand, resulted in stronger results this year. These in turn have resulted in a nearly 168% run-up in
Through the pulsating realms of technology and healthcare, this article unveils the captivating narratives of three visionary entities. Amidst the ceaseless march of innovation, these future tech stocks stand as titans, redefining industries. These aren’t just stock tickers; they’re the vanguards of a paradigm shift, where innovation isn’t just a buzzword but the pulsating heartbeat
It’s amazing to witness a the resurgence of interest in Intel (NASDAQ:INTC) in late 2023. Earlier this year, INTC stock hit rock bottom as financial traders mocked Intel. They relentlessly talked about Advanced Micro Devices (NASDAQ:AMD) eating Intel’s lunch. But now, Intel’s loyal investors are having the last laugh, and in 2024 I expect that they’ll be
It has become possible that electric aviation is a current reality, and it will change the air travel industry. The technological advances and environmental considerations in this area provide a very good investment opportunity. The electric aviation stocks have only started but provide opportunities to achieve sustainable growth. Something that is music to the ears
Hugo Ste-Marie and the rest of his portfolio strategists at the Bank of Nova Scotia recently compiled a list of 10 major market themes for 2024. One of them was about Latin America stocks. Ideas included interest rate cuts, GDP expectations, United States savings, bonds, lower-than-expected earnings, large-cap stocks, S&P 500 predictions, the Magnificent 7,
Cathie Wood, the CEO of Ark Invest, is one of the most prominent investors in the innovation space. While her performance has varied widely over the years, I expect it to only improve when interest rates begin to pull back in the new year. That being said, let’s take a look at some of the
At a cursory glance, the concept of dividend stocks – particularly in the boring utilities space – seems overly cautious. After all, several risk-on asset classes, including technology-focused securities and cryptocurrencies have soared over the past several weeks. However, not all may be well with the equities space, presenting relevance for the staid but reliable
Undeniably, unless some catastrophic black swan event materializes, 2023 will go down as the year of tech stocks to buy. Let’s not even start to argue the point. Just look at the technology-centric Nasdaq-100 index, which shot up almost 51% year-to-date as of this writing. Even more startling, nothing seems to be slowing this freight
At first blush, the case for reliable REITs – that is, real estate investment trusts – might not seem relevant. After all, the U.S. jobs market continues to print impressive figures that beat analysts’ estimates. Still, as a Forbes article pointed out, despite a strong jobs print, recession concerns still exist. As CNBC explained, a
Undervalued long-term stocks are must-haves for any portfolio. They’re typically defined by trading below their inherent market value. Yet, these overlooked stocks have the potential to deliver massive long-term returns. Their strength lies in quietly building the foundations for long-term future success ahead. Consequently, this situation presents an opportune moment for investors to wager on
Real estate investment trusts (REITs) are known for offering higher dividend yields than most of the stocks listed on the S&P 500. But while these stocks feature higher yields, a good dividend isn’t enough to justify buying shares. Some stocks with dividend yields well above 5% end up generating mediocre returns and falling behind the market. So
There’s more to the market than the vaunted Magnificent 7. Investors are doing themselves a disservice if they limit themselves to the mega-cap stocks of the Nasdaq. Companies outside of tech should be able to do well in 2024, especially if the Federal Reserve starts to cut interest rates in the middle of next year
Stocks of a lot of well-known and historically great companies are on sale right now. Many marquee names haven’t shared in this year’s market rally and are in the red for 2023. This presents a fantastic opportunity for investors to buy great stocks at distressed prices. For long-term investors, they can now buy beaten down
The Russell 2000, an index tracking the performance of small-to-mid cap companies, has not had a good year in terms of relative performance. So far, the Russell returned about 8.6%, while the S&P500 and Nasdaq have appreciated 20.4% and 37.9%, respectively. With inflation clearly edging downward, U.S. equities have entered a rally period, and now
As the holiday season approaches, investors seeking gift-worthy stocks. Many turn to the portfolio of renowned investor Warren Buffett, CEO of Berkshire Hathaway (NYSE:BRK-B). After all, the focus is on gifts that keep on giving. Therefore, investments can appreciate and generate dividends over time, providing long-term returns and retirement options. Buffett serves as a role
If you are a beginner investor in the stock market, it is natural to have concerns. However, you don’t need to start building a portfolio with a big amount. You can begin with a mere $100 and see it double in the coming year. Whether you already have a portfolio and want to invest an
As 2024 looms on the horizon, the cannabis sector stands at the cusp of an exciting era. This likely surge is fueled by a blend of political backing and a shift in public opinion. A major recent development for the industry is the U.S. Department of Health and Human Services’ recommendation to reclassify marijuana as
With Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) poised to become a big winner in the AI Revolution, GOOG stock looks quite attractive at its current relatively low valuation. AI will make the company’s core search and ads businesses significantly more lucrative, and the technology should also meaningfully boost other existing offerings provided by Alphabet. Among the products in
Certain renewable energy stocks have shown resilience in the face of cost increases in 2023. Between solar and wind energies, the former outshined the latter by large in January-August 2023 as it saw substantial growth. Utility-scale solar increased by 36% and small-scale by 20%, adding 9GW of solar capacity. In comparison, wind-generated a mere 2.8GW,