After a brief downturn to begin the year, technology stocks are once again rallying. Mega-cap tech stocks, in particular, continue to outperform the broader market. Many of the best-performing stocks of 2023 continue to post impressive gains at the outset of 2024. For example, shares of chipmaker Nvidia (NASDAQ:NVDA) gained over 10% so far in
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The financial markets in 2024 will be pulsating with transformative opportunities driven by companies poised to redefine industries. This is leading to several 2024 investment trends making themselves known, and several stocks gaining traction. Three distinct stocks illuminate diverse sectors, suggesting robustness, technological innovation, and strategic positioning. The first one’s astute market navigation in the
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Despite the growth of Electric Vehicle (EV) sales in the U.S., the electrification transition has faced challenges. Lucid (NASDAQ:LCID) is among the leading EV players many investors are watching. LCID stock delivered 1,457 vehicles in Q3, falling short of the expected 2,000, possibly influenced by charging infrastructure and affordability issues. Lucid revised its fiscal 2023
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In the forcible crypto world, overlooked currencies continue to gain value, creating complexity for investors. Amid recent gains, discerning and selling cryptos with little upside is vital. Despite widespread optimism in the cryptocurrency space, particularly for leading mega-cap cryptos, caution is advised. Not all cryptocurrencies are worthwhile; some meme tokens are best avoided due to
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Cloud computing has changed how companies gather data and stay organized in a digital world. Cloud computing is a foundational piece for many stocks and often features exhaustive switching costs. That means high renewal rates and growing annual recurring revenue. Cloud computing companies have the flexibility to raise their prices from time to time while
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The shares of battery maker QuantumScape (NYSE:QS) rocketed higher earlier this month on news that its solid-state battery can be charged over 1,000 times without degrading. Unfortunately for the long-term outlook of QS stock, this characteristic, while certainly positive, does not address the main “pain points” facing drivers and automakers. Moreover, QS has at least
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Calling all income investors to witness the magic of dividends—a powerful force in minimizing portfolio risk and volatility. These payouts not only offset stock losses but also bring a satisfying reward for having a stake in a company. Amid the Federal Reserve’s persistent battle against inflation, any hopes for a “Fed pivot” remain distant. High-interest
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