The defense industry holds a number of appealing stocks for dividend growth investors. Constant geopolitical concerns and rising defense budgets around the world provide a strong backdrop for the biggest defense companies. The major defense companies have sustainable dividends, even during recessions, due to the persistent need for global defense. In turn, investors have generated
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Does Meta Platforms (NASDAQ:META) deserve to be a member of the “Magnificent Seven” group of technology titans? As Meta Platforms relentlessly pursues the latest and greatest in social media and tech gadgets, the company definitely earns its “magnificent” designation and META stock is headed for much higher price points. Meta Platforms is sometimes at the
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Even in a bull market, not all stocks move higher at the same time. Given the fact that the economy is large and diverse, stock price action comes in the form of sectoral preferences or company-specific catalysts. It’s also important to note that a stock trending lower or remaining sideways in a bull market does
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In September, sales at U.S. retailers defied expectations by increasing 0.7%, demonstrating that households possess substantial purchasing power, a crucial factor in sustaining economic growth. A surge in demand at auto dealerships and online stores fueled this robust upswing. Economists surveyed by The Wall Street Journal initially predicted a more modest 0.3% increase in sales. This impressive
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The fintech sector has grown substantially, with digital services like banking and investing gaining popularity. However, not all fintech stocks will thrive due to challenges like slowing customer growth and squeezed profit margins. Some have surged in value, making them vulnerable to sudden price drops. One fintech stock to avoid is Robinhood (NASDAQ:HOOD), a once-promising
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Robotic devices enable automation that help people perform tasks more effectively. Businesses and consumers frequently invest in resources that can expand their productivity and capabilities. This makes investing in robotics stocks a lucrative concept. Robots are present in many elements of our lives. Smart speakers can play music, provide weather updates and turn on the
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The stock market appears to be entering choppy waters as the year winds down. Between high inflation, unpredictable interest rates and an increasingly frightful geopolitical landscape, risk factors abound. So here are three stocks to avoid. Given this challenging investment environment, this is not time to be holding onto struggling companies that have seen better
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While a contentious topic, investors seeking long-term success must frequently consider stocks to sell. Similar to changing the oil in a combustion-powered car, you’ve got to keep the overall machinery running well. Just like you (likely) don’t have an emotional attachment to motor oil, you must adopt a similar policy to underperformers. True, we live
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One of the big slogans favored by CNBC pundit Jim Cramer is, “There’s always a bull market somewhere.” I believe that’s true. But I think there’s also always a bear market somewhere. That’s because, even during good times, companies are always being hurt by new technologies, tough competition, and/or weak products. Additionally, there are always stocks whose
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In recent months, Chinese electric-vehicle maker Nio’s deliveries and automotive revenues (NYSE:NIO) have been dropping sharply amid intensified competition from Tesla (NASDAQ:TSLA) and other automakers. Moreover, Nio lacks a significant competitive advantage, and the company’s new smartphone could hurt the automaker more than help it. Given these points, I advise investors not to buy or
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Rivian Automotive (NASDAQ:RIVN) has seen its stock price surge more than 20% year-to-date. However, this move follows a significant correction last year tied to the company’s cash burn and dilutive stock offerings, reminiscent of a similar history behind industry juggernauts such as Tesla (NASDAQ:TSLA). Rivian currently offers three models, its RS1 and RT1 pickup trucks
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