Some investors made big money in the meme stock rally of 2021. Multi-bagger returns in few days or weeks is like a dream coming true. Of course, in the current market conditions, expectations should be toned down. Having said that, exposure to some of the top meme stocks can deliver stellar returns in the coming quarters.
Stocks to buy
Followers of popular Reddit stocks are likely very familiar with Ape Wisdom, the tracker from which the shares below were identified. The name of this site is a nod to the so-called apes, made famous by r/WallStreetBets and other meme retail investing groups. What’s their strategy? There isn’t one unified investment strategy overall. Instead, apes
Editor’s note: “AI Meets Biotech: Transforming the Drug Development Process” was previously published in May 2023. It has since been updated to include the most relevant information available. We’re confident that artificial intelligence – or AI – will fundamentally reshape our society over the next 10 years. One of the most profound impacts will be
Wall Street is finally becoming much more upbeat about the economy, as more investors internalize the realities that inflation is dropping and that new technologies, including artificial intelligence (AI), are going to boost the economy and stocks. Moreover, many on the Street are starting to realize that the economy can prosper and stocks can rise
Compounding is one of the most potent forces in investing. One way to take advantage is to buy the best forever stocks that will grow sales and earnings for decades. Typically, these stocks have wide moats and durable brands that protect them against competition. Also, they have a proven record of sustaining their profits through
While the markets continue to face macroeconomic headwinds, I still believe that now is a great time to buy some of the most undervalued penny stocks and growth stocks. As an observation, the, the S&P 500 index has trended higher by 11% for year-to-date 2023. However, during this period, several growth and penny stocks have
The electric vehicle (EV) realm was considered a lucrative growth sector over the past few years but recently hit a few bumps in the road. Since 2022, the narrative around the most promising EV stocks has been marred by underperformance, throwing shade on the sector’s investment appeal. Nevertheless, it is important to understand that not
Some of the most promising penny stocks are up-and-coming and just just getting started. The world of penny stocks is all about speculating which young firms have the potential to become the next big companies. The risk is well known. Penny stocks are volatile and the potential for losses is generally greater overall. But so
I am bullish on gold, and I believe that the precious metal Is likely to hit $2,500 an ounce in the next 12 months. In line with this view, it’s a good time to look at some of the best gold stocks to buy. If the precious metal surges, some of the promising gold stocks
Most electric-vehicle stocks are growth names. As a result, it’s hardly surprising that almost all EV stocks to buy tumbled sharply during the 2022 bear market. All of which hit growth stocks especially hard. However, with EVs’ market share continuing to surge, there are many EV stocks to buy with high growth potential. In fact, given their
In April of this year, OPEC announced surprise oil production cuts to maintain higher prices, which had fallen since the pandemic’s end. With oil prices being supported in this way, some have called on biofuels to fill the gap. This includes the Biden Administration, which has called on more biofuel production to maintain energy independence. With oil prices elevated
We’ve have been under the threat of recession for more than a year. We’ve also been dealing with stubbornly high inflation along the way. And unfortunately, Americans are strained. However, there’s still opportunity to be found in some of the best stocks for non-recession recession. NVDA Nvidia $391.71 GOOG GOOGL Alphabet $126.63 PM Philip Morris $90.05 DE
Investors typically think of growth companies as purely playing on a rising stock price. And the technology sector is indeed known for delivering home run share price appreciation when things go according to plan. However, income investors can also profit from various high-return, undervalued tech stocks. That’s because, contrary to popular belief, many of the best
The focus is shifting to bargain energy stocks for June with a confluence of market dynamics signaling an enticing window of opportunity for savvy investors. Last year, energy stocks surged to new heights following escalating geopolitical tension in Ukraine, mounting inflation and apprehensions around macroeconomic policy. However, now the landscape looks significantly different. This is
Investors seek top AI stocks to capitalize on the growing reliance various industries are seeing with respect to artificial intelligence. This revolution creates ample growth opportunities across industries, demanding vigilance from savvy investors. Of course, not all AI stocks are equal. Some provide true innovation, supporting long-term growth trends that can last. Others are simply
Within the penny stock space, the level of risk on exposure to different stocks varies significantly. Purely speculative penny stocks are the riskiest bet. On the other hand, there are some high-reward penny stocks for investment that represent companies with good fundamentals and the risk is relatively low. In between these two categories are penny
After a brutal 2022, Wall Street has fallen back in love with high-return aggressive growth stocks. Stocks with aggressive growth potential have outperformed value stocks by a wide margin so far in 2023, and there’s reason to believe this trend will continue. A major force behind the exodus from growth stocks last year was the
Artificial intelligence (AI) is a revolutionary technology that helps people access relevant information more quickly and increase their productivity. While OpenAI’s ChatGPT has taken center stage recently, many companies use AI in the background to improve their services and increase their revenue. Some high-potential AI stocks use this technology to make product recommendations, while other
Recently, United States President Joe Biden and House Republican Speaker Kevin McCarthy have tentatively agreed to raise the federal government’s $31.4 trillion debt ceiling. However, a no-deal scenario could significantly hurt the economy if the deal is voted not to pass by Congress starting on May 31st. Economists predict higher borrowing costs, loan interest rates, and
Typically, securities may be less appreciated by the market because they stink, which means several proposals for best undervalued growth stocks for June might not make the cut. At the same time, betting on the same ship as everyone else presents its own risks. Namely, you could end up holding the bag. To improve the odds
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