Penny stocks are typically companies that are trading below $5 per share. These companies are ones that can be risky to invest in. They offer the chance of getting in early before the stock realizes its significant growth potential, or on the other side, with them being such small companies, they may have liquidity issues and
Stocks to buy
Flying car stocks have great potential for investors. In addition to being growth stocks in their own right, these companies are making disruptive changes to aviation and paving the way for new modes of transportation that will offer diverse opportunities to passengers. Some may think flying car companies are just producing hobbyist prototypes for wealthy
Most of the earnings reports are in for the third quarter. But a contrarian play based on the results to date could actually be investment opportunities. According to FactSet, of the 94% of the S&P 500 companies that had reported earnings as of Nov. 17, 82% delivered a positive earnings per share surprise, while 62%
In the realm of technology, we’re encountering a battleground where innovation, strategy and foresight converge to define the future. At the forefront of this dynamic landscape stand stock picks that are armed with distinct arsenals poised to reshape industries. The technology sector is watching a compelling narrative of immersive metaverse experiences, customer-centric revolutions and user-first
First, let’s acknowledge the elephant in the room. Reasons remain unknown regarding the firing of OpenAI CEO Sam Altman. Altman’s dismissal sent shockwaves through the technology sector, rattling several stocks that are heavily exposed to AI. However, OpenAI’s leadership change doesn’t diminish or affect the expected societal impact of AI and life-altering ways on our
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Was 2023 a good year for growth stocks? At first glance, the answer seems obvious: an undeniable “yes.” Tech giants like Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) have ridden a surge in cloud computing
Navigating Wall Street’s topsy-turvy landscape since 2020 has been a voyage filled with unexpected twists and turns. It’s been incredibly challenging, from the depths of the coronavirus market crash to the peaks of a buoyant bull market, followed by another bearish downturn. However, amidst the chaos, the astute investor has a golden opportunity. Hidden within
Some blue-chip stocks had it worse this year than others, particularly as bad news struck at the worst possible time. Markets hate unknowns and uncertainties, and a negative news cycle can crush a stock as investors and analysts weigh the potential long-term financial effects. But, in many cases, that bearish sentiment is overblown. Downward pressure
It’s amazing, how some financial traders can look at a clear winner and worry that it will become a loser. Nvidia (NASDAQ:NVDA) stock has performed extremely well in 2023 because of the company’s dominant position as a supplier of artificial intelligence (AI) chips. Sure, the naysayers can invent reasons to worry about Nvidia, but this won’t keep the company and
Investors are always looking for the next great breakthrough in technology. As computers are indispensable tools for managing everything from finance to healthcare and smart cities, it only makes sense to look at the next stage of development and A-rated quantum computing stocks. Quantum computing is still in its early stages, but companies are already
Excitement over the generative artificial intelligence trend peaked several months ago. However, in recent weeks, renewed enthusiasm for Palantir Technologies (NYSE:PLTR) exposure to the AI mega-trend, sparked by its latest quarterly earnings release, has led to a further lift for PLTR stock. Although shares in the company, which provides AI and machine learning analytics software
The October CPI report showed a lower-than-expected inflation rate, boosting the market sentiment and sparking a rally across various sectors. However, not all stocks are poised to benefit from positive macroeconomic news. Below are three risky stocks that investors should get rid of now before its too late. Aehr Test Systems (AEHR) Source: Shutterstock Aehr
Despite all of the business media’s frantic, recent warnings about electric-vehicle sales collapsing, the actual data tells a radically different story. Specifically, last quarter EV sales in the United States jumped 50% versus the same period a year earlier to 313,000. Moreover, Tesla’s (NASDAQ:TSLA) share of the U.S. EV market tumbled to 50% from 62%.
Economies around the world are turning to clean energy sources in a bid to slow global warming, and that’s brought hydrogen stocks into demand. Hydrogen on its own is nothing new. Chemical companies have been producing and selling it for years. But using it as an energy source is a new concept. At present, it
In the shifting sands of the current stock market, discerning investors continue to navigate a labyrinth of uncertainties. Yet, the allure of long-term growth stocks remains undiminished. Amidst the cautionary tales, a trio of growth stocks to buy continue to stand out, boasting robust fundamentals and a promising long-term trajectory. These companies shine with resilience,
With investors on the hunt for hot deals, undervalued sleeper stocks are seeing a good deal of attention. In fact, of the ones highlighted below, each carries low risk, and the potential for high returns. Albemarle (ALB) Source: tunasalmon / Shutterstock Albemarle (NYSE:ALB) has emerged over the last few years as one of the most
Despite initial concerns of a recession, the U.S. economy is poised to outperform expectations in 2024, according to Goldman Sachs Research. The forecast indicates a robust expansion with a projected 2.1% increase in U.S. GDP for the full year. This number surpasses the consensus estimate of 1% from economists surveyed by Bloomberg. Also, Goldman Sachs
Dividends provide a guaranteed return on capital and investment income to shareholders. This makes dividends an important consideration, especially for people living in retirement. However, dividends can be tricky. A lot of times, stocks that offer shareholders a high yielding dividend do so because the share price is underperforming or trailing the broader market. In
Cybersecurity stocks are great long-term buys because unbelievably, we’re still not prepared for cyber attacks. Even after hundreds of attacks over the years, some of the biggest companies in the world – even government agencies aren’t prepared. It’ll cost them big while creating substantial opportunities for cybersecurity stocks. Costing the world trillions, Cybersecurity Ventures, says,
Penny stocks are listed equities with prices below $5 per share or market capitalizations lower than $300 million. They are highly volatile, thinly traded, not very transparent and often poorly governed. Nevertheless, they can provide investors with scintillating returns as most penny stocks to buy are secured by early-stage growth companies. Moreover, penny stocks are under