The United States economy is resistant to any recession possible. That’s because the strength of this economy lies in its high level of diversification. With the five largest industries contributing to approximately two-thirds of the GDP spread out across different sectors, the impact of economic shocks is mitigated. That diversity forms the foundation of the
Selling cryptocurrencies as a contrarian strategy can yield short-term profits amid a market filled with dubious tokens and scams. A significant disparity exists in the crypto market, with top cryptocurrencies like Bitcoin (BTC-USD) and Ethereum (ETH-USD) thriving while many lesser-known ones struggle in a fragmented and unpredictable market. But knowing how quickly the market can
Biotech companies can offer some of the most explosive returns for an investor. Small-cap biotech companies are known to shoot up 100% overnight and also to dump 50% in an instant as well. Why is this the case? Well, these companies are highly innovative but have an extremely risky business model. They are highly dependent
Elon Musk, the CEO of electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA), is unpredictable. That’s one of the reasons TSLA stock can soar one month but then plunge the next month. The best strategy right now is to avoid the Tesla roller coaster until more data comes in, which will happen next month. At the same
Patience is one of the key virtues of a successful investor. Even the best of stocks doesn’t move parabolic. There are phases of sharp uptrend, correction, and consolidation. Invariably, parabolic moves seen in some speculative are followed by a deep correction. There are several strategies to make quick money from the markets. A time-tested strategy
According to the American Medical Association, U.S. healthcare spending totaled $4.3 trillion in 2021, equal to nearly $13,000 per person. Overall medical expenses account for nearly 20% of U.S. gross domestic product (GDP). America today spends more on healthcare per capita than any other country. By 2030, one in five Americans (20%) is forecast to
Student loan repayments are rearing their ugly heads as borrowers prepare to start paying them back next week. After three years of blissful reprieve, borrowers are set to begin dedicating cash towards their burdensome debt loads. That cash flow requirement will begin cutting into household budgets as the national personal savings rate hits multi-decade lows
When ChatGPT launched in November 2022, it was such a novel platform that many wondered if it could ever be replicated. But less than a year later, every major tech company is now launching their own AI chatbot. And that’s signaling what we consider to be a very investable craze. Right now, what we are
When it comes to scouting potential high-growth opportunities, Nasdaq stocks often stand out as a top pick for many investors. Renowned for listing some of the most cutting-edge companies globally, the allure of significant returns is hard to ignore for those willing to tap into this innovation-driven marketplace. Yet, the recent market headwinds have posed
While the allure of cryptocurrency investments has undoubtedly captivated the market’s attention, it’s perhaps wise for investors to consider blockchain stocks to sell. This is not a call made in isolation. A discernible shift seems underway, where risk appetite among investors is curbing. At the heart of this change in sentiment is the Federal Reserve.
A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Cintas — Shares fell 4.8% after the company reported its 2024 fiscal first-quarter earnings. The corporate apparel company posted $3.70 in earnings per
Transportation stocks are typically viewed as moving in sync with the economy as a whole. Despite what the very stubborn bears say, I would argue that this characteristic makes transportation stocks very attractive at the current time, as the Fed projects that the U.S. economy will grow at an extremely rapid 4.9% in the current
If the U.S. wants more than 50% of all cars on the roads to be electric by 2030, we need to have far more charging stations. Right now, according to Blink Charging (NASDAQ:BLNK), we have just under 130,000 electric vehicle (EV) charging ports at 50,401 charging stations set up in the U.S. That’s not nearly enough,
The all-electric 4-door Convertible GT Fisker Ronin is revealed during its inaugural “Product Vision Day” in Huntington Beach, California, on August 3, 2023. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines before the bell. Fisker — Shares of the vehicle development company surged 4.1% premarket after Bank of America
In this dynamic world, finding stocks with the potential to thrive over the long haul is akin to discovering hidden treasure. As technology steps into a new decade, three stocks stand out on the horizon, poised to dominate their respective industries. This has led to the rise of stocks to buy. The first one, the
The cybersecurity market in 2023 is booming as more enterprises adopt digital transformation initiatives to enhance their productivity, efficiency, and customer satisfaction. Unfortunately, these initiatives also expose businesses to various cyber threats, including ransomware, phishing, and data breaches. As a result, cybersecurity is essential to protect the infrastructure that supports the digital transformation efforts of
Undervalued penny stocks offer savvy investors the chance to secure substantial gains. As we continue through September 2023 (where did the month go?), the penny stock arena remains filled with hidden gems trading at tremendously discounted levels. Snapping up the most undervalued penny stocks now positions you to reap massive rewards when their prices reconnect
As the broader market plateaus after its recovery rally, there remain hidden pockets of value across under-followed sectors, and with smaller-cap companies. With investors fixated on mega-cap tech and blue-chip stocks, many quality companies without much coverage continue to trade at a discount. Of course, one man’s trash is another man’s treasure, and many value
Growth stocks caught a break recently. The Federal Reserve has held the target range for interest rates between 5.25%-5.50%. It also signaled that Americans should expect an additional rate hike this year. Meanwhile, the Fed has also signaled that 2024 rates are going to be kept higher for longer. For investors, one of the more
The United Auto Workers (UAW) strike is expanding in a move that will surely hurt the U.S. economy and auto stocks as a whole. Investment bank Morgan Stanley (NYSE:MS) recently estimated that a full month of lost automotive production would cost General Motors (NYSE:GM), Ford Motor (NYSE:F) and Stellantis (NYSE:STLA) combined $7 billion to $8 billion