This wasn’t a blockbuster year for folks who invested in Lucid Group (NASDAQ:LCID) stock. The prospects for Lucid Group next year aren’t promising. The best grade we can give it is a “D” and we’re not recommending it for the new year. Lucid Group is testing its investors’ patience. Stifel analyst Stephen Gengaro argued that Lucid is “two
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On Dec. 1, I argued that SoFi Technologies (NASDAQ:SOFI) stock was a buy. Mainly, because the market’s near-term concerns about SOFI stock had resulted in shares falling to a price that was more-than-reasonable compared to this neobank’s long-term prospects. Soon after laying out the bull case, sentiment for SOFI shifted rapidly. Within weeks, shares surged
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At first glance, electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) might sound like a great business to invest in. After all, QS stock moved higher in November and early December. Yet, caution is definitely advised as QuantumScape’s financial shortcomings can’t be ignored. Besides, as we’ll explain today, a prominent analyst firm published a low price
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There’s no doubt about it. It’s been a great year to invest in Nvidia (NASDAQ:NVDA), the most magnificent of the “Magnificent Seven” companies. However, Nvidia isn’t the only artificial intelligence (AI) processor arms race competitor. Indeed, a comeback contender in the AI chip industry should make eager NVDA stock buyers think twice.           
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While the topic of top penny stocks to buy may arouse controversy similar to apocryphal literature with spiritual implications. That might sound hyperbolic but generally, financial advisors shy away from the sector because of the extreme risks involved. It’s not just that investing in this arena is dangerous to your financial standing; rather, the ecosystem
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 Growth stocks certainly have legs at the moment and it’s fair to assume that there will be a surge of investment heading into 2024. Demand should be expected to rise as the Federal Reserve continues to signal that the worst is over. The markets are expecting a soft landing and multiple rate cuts in 2024.
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There are some indications that Tesla’s (NASDAQ:TSLA) Cybertruck could become a huge hit that will also cause the demand for the other vehicles to soar for TSLA stock. However, the EV’s specifications are also less impressive than what CEO Elon Musk originally promised, while the Cybertruck is facing serious competition from Rivian’s (NASDAQ:RIVN) R1T and
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Yuichiro Chino | Moment | Getty Images Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the way firms do business. To be clear, artificial intelligence, like natural language processing and machine learning, has been used by wealth management and asset management firms for years.
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Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ:HOLI) announced that it would be acquired by Ascendent Capital Partners. The latter is a privately owned Hong Kong investment firm.  Ascendent is paying $1.66 billion in cash for the Beijing
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Fintech stocks represent companies that have built and continue to build payment platforms. The financial space continues to evolve away from traditional fiat money and toward more digital innovation. The space is characterized by annual growth rates that should continue at approximately 14% through 2030. The expectation of strong growth should be enough to continue to
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Gaming stocks are set for a record run as stronger-than-expected consumer confidence boosts holiday sales. At the same time, huge news for specific gaming stocks is sending shares soaring in anticipation. Though metaverse and Web3 gaming stocks took center stage in recent years, it might be time to go back to the fundamentals. These three
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The surge in electric vehicle (EV) stocks, particularly undervalued EV stocks, is as palpable as ever. This booming sector, bolstered by countries offering incentives to boost EV adoption, is not just about environmental stewardship, but represents a nexus of innovation and advanced technology. With automakers committing an impressive $1.2 trillion to EVs and batteries by
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