It’s tempting to chase after the next big biotech breakthrough or speculate on businesses burning cash like there’s no tomorrow. However, that’s usually a fast track to disappointment – and a much lighter wallet. Instead, I believe the road to turning $50,000 into a cool $1 million is paved with high-quality, financially sound businesses. Betting on companies with bright futures,…
Artificial intelligence (AI) has been the prevailing growth theme in the market since ChatGPT hit 100 million monthly active users in January 2023.There’s been plenty of discussion of the companies supporting AI, but what’s talked about less are the companies successfully investing in AI and monetizing it. Here’s why these three AI stocks are worth considering now. This post originally appeared at The Motley Fool.
Sam Bankman-Fried on March 28 was sentenced to 25 years in prison by Judge Lewis Kaplan, a year and a half after Bankman-Fried’s crypto startup, FTX, suddenly exploded and crashed to the ground in spectacular fashion. The financial world is rife with fraud. The next Bankman-Fried, or Bernie Madoff, or Charles Ponzi, or “Kenny Boy” Lay is just around the…
With the equities market continuing to march higher, now may be an ideal time to consider sleeper stocks. Essentially, these are companies that attract little interest among investors. However, once more people recognize the underlying bullish narratives, they could fly higher. In this day and age of the 24/7 news cycle combined with social media, it may seem strange that sleeper stocks…
The energy sector’s future underscores its pivotal role in human development, where renewable energy growth is expected to complement the persistent reliability on oil and gas, anticipated to meet over half of the global energy requirement by 2050. Furthermore, the incorporation of advanced technology in the oil and gas industry, vital for modernization and efficiency, could keep the industry resilient.…
The ticker for the Russell 2000, which is the bottom 2000 stocks of the Russell 3000 index, is RUT. RUT is an index of small- and medium-sized companies with a mean market cap of $900 million. Traditionally, it performs better than large blue-chip stocks but that hasn’t been the case of late. Investors have been chasing the “Magnificent Seven” stocks…
The Fibonacci extension on the S&P500 chart shows that it has reached the 618 halfway move and then blasted past the 100% measured move. So what will happen next? When hot terms like A.I. are used to advertise, say, toothbrushes, have we finally hit the peak? Is this a sign of exhaustion, or are we just getting started? Check this…
Penny growth stocks are all the rage for investors seeking explosive returns. With the market cycle potentially shifting and the Federal Reserve poised to cut interest rates up to three times this year, now could be an opportune time to grab some neglected penny stocks before they take off. While recessions have historically occurred more frequently in post-election years, I’m…
The rally that sent stocks soaring 24% in 2023 isn’t over just yet. Year to date, the benchmark S&P 500 has gained another 9.9% as of March 21. Wall Street has been enthusiastic about the prospect that interest rates could start declining soon, while the U.S. economy remains in growth mode. Many stocks have benefited disproportionately from that bullish attitude among investors,…
The stock market offers thousands of investment opportunities for people who want to compound their savings. Some stocks cater to people who want stability and steady cash flow, but other investors are willing to take on more risk for a higher potential return. Several big stocks like the Magnificent Seven have outperformed the stock market for several years. Most of…