The current five trillion-dollar companies listed on U.S. stock exchanges include Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Nvidia (NASD AQ:NVDA). These five and two others, Meta Platforms (NASDAQ:META) and Tesla (NASDAQ:TSLA), make up “the Magnificent Seven”. The Globe and Mail published a story on Nov. 1 that pointed out the Magnificent
The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year. By 2027, it could hit $131.9 billion, as noted by Statista. Better, the number of online gamblers could rally to 233.7 million by 2027, too. All of that should create a massive opportunity for the online gambling
Electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) does certain things well. However, making money isn’t one of those things. The company also isn’t good at providing value to its shareholders, as QS stock hasn’t been a winner lately. Frankly, investors should look elsewhere as QuantumScape has financial issues that can’t be ignored. QuantumScape rarely updates
The surge in green initiatives is driving interest in battery stocks. Now integral to investor portfolios due to rising demand for various applications, battery technology continues to improve. And the companies behind the scenes continue to offer impressive value for those with a long-term investing time horizon. EV battery stocks are becoming key investments for
Regardless of whether you’re a Wall Street veteran or new to investing, the past four years have been a roller coaster ride. A global pandemic brought a 14-year-long bull market to a screeching halt. It quickly revived into another stock boom that saw the S&P 500 hit a new all-time high, only to reverse course
Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best left as dividend stocks to sell. When you think of the phrase “dividend trap,” what may first come to mind are stocks in companies
I believe that inflation for a common man is higher than what the headline inflation data suggests. To retain purchasing power of money, it’s important to invest in asset classes that help in comfortably beating inflation. Within equities, it’s a good idea to invest in dividend stocks that offer an attractive yield. Besides regular cash
SoFi Technologies (NASDAQ:SOFI) is a leading online platform that provides a range of financial products and services, such as personal loans, mortgages, student loans, investing, banking and insurance. The company has grown since the Great Recession, which saw many traditional banks retreating from unsecured personal lending and mortgages. Moreover, SoFi has expanded into new markets, including crypto
While the jury’s still out whether the economy and the market is headed for a soft or hard landing, as interest rates remain high, that doesn’t mean you should forget about which stocks to avoid. Even as it’s possible that recent fears of another downturn for stocks may prove to be an overreaction, there are
Nvidia (NASDAQ:NVDA) has undoubtedly been one of the most debated stocks of 2023, if not the most debated one. That’s largely due to its gargantuan market capitalization exceeding $1 trillion, on sales of just over $13.5 billion in its latest reported quarter. Of course, what matters for a growth stock is not current sales but
Even if you don’t believe in Santa Claus, there’s plenty of reason to believe you can fill your stockings with A-rated stocks to buy this quarter. After all, history is on your side. Stocks are more prone to rally at the end of the year, increasing nearly 80% of the time. After all, the holiday
AMC Entertainment (NYSE:AMC) stock has faced plenty of financial challenges in this post-pandemic world and took proactive measures. Via raising capital, AMC has bought itself some time to survive. However, its long-term outlook remains uncertain due to industry struggles, including a recent writers’ strike affecting movie releases. It’s a situation to monitor. AMC tried hard
The third-quarter earnings parade continues. According to data compiled by FactSet, 73% of S&P 500 listed companies have reported better-than-expected earnings, and 66% have announced better revenue than had been anticipated among professional analysts. Overall, that’s a pretty good track record. However, there have been plenty of hits and misses among some notable names this
Picking growth stocks for the next 10 years is not easy, because the stock market changes seemingly every second. Still, some growth companies can be trusted for a long period, and they have the potential to increase your future wealth significantly. As the stock market is back on track after a turbulent few years and
The third-quarter earnings train rumbles along. While the majority of Q3 prints have been better than expected, several have been absolutely dreadful, putting analysts and investors in a foul mood and leading all the major stock indexes to post declines for October. The reasons for the poor financial results vary and include everything from macroeconomic
Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced mega deals in the sector have gained investors’ attention. Exxon Mobil (NYSE:XOM) is acquiring shale player Pioneer Natural Resources (NYSE:PXD) for $59.5
It was only a few weeks ago when Exxon Mobil (NYSE:XOM) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE:PXD). With that, Exxon Mobil is set to become a mammoth petroleum juggernaut. Yet, XOM stock dropped recently due to the company’s earnings results. Nevertheless, value hunters and passive income investors should strongly consider a
Editor’s note: “Wall Street’s Favorite AI Stock Is About to Plummet” was previously published in September 2023. It has since been updated to include the most relevant information available. Ask any investor what the top AI stock to buy these days is, and they’ll likely tell you that the safest bet is Nvidia (NVDA). After
Volatile markets are prime for stock pickers. And if history is any judge, a period of maximum fear frequently creates a buying opportunity for long-term investors. But right now, that still means being selective. Top stock picks are looking to be money-makers. First, the consumer staples sector is one place to look for winners, recently
The current Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) equity portfolio is worth $326.2 billion as of Oct. 27. The portfolio has 55 Warren Buffett stocks, including two S&P 500 ETFs. The top 10 holdings account for 87% of its total, with Apple (NASDAQ:AAPL) its largest holding at 47.2%. Like every other stock over the past couple of