Given the S&P 500’s 7.3% year-to-date advance and the threat of a recession in the second half of the year or early 2024, overvalued S&P 500 stocks are more prevalent than investors realize. At the end of February, JPMorgan Chase strategists suggested that because of real interest rates, stocks were 2.5 times too expensive. “Risk-reward for
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The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Tactile Systems Technology (NASDAQ:TCMD) stock will gain 5.6% by May 30. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew
In this article YUMC AMD MTCH CLX SBUX F Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Check out the companies making headlines after hours. Ford Motor — Ford topped analysts’ expectations on the top and
The world is transitioning towards renewable energy due to extreme climatic conditions. We are finally moving away from carbon-based fossil fuels towards alternative energy sources. It may take a while for us to fully adapt but I believe the sector is hot and investors should be looking for renewable energy stocks to buy. You can
The stock market is back on the upswing. Traders are feeling more optimistic, and perhaps with good reason. But this enthusiasm has run much too far in some sectors. These seven stocks to sell, in particular, are trading at prices far above levels that analysts consider to be reasonable. For this list, we’ll be using Morningstar
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Chegg shares tumbled after the online education company said ChatGPT is hurting growth. “In the first part of the year, we saw no noticeable impact
Plug Power (NASDAQ:PLUG) stock has tumbled 27% this year, down 57% over the last 12 months. Indeed, many short sellers have gravitated to the name because of its high price-sales ratio of 11-times. However, Wall Street, as it tends to do, is focusing on the trees and ignoring the forest. Thus, I think analysts are overemphasizing risks
While not repeating the mantra that electric vehicles are the future can get you into trouble with the sector loyalists, we must at least agree that at least some enterprises deserve the title of worst EV stocks to sell. Fundamentally, while the underlying technology facilitates many opportunities, competition will likely be consolidated. It happened with
In this article FANG ANET MGM SYK NXPI Follow your favorite stocksCREATE FREE ACCOUNT A monitor displays Arista Networks Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Aug. 24, 2018. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours
As the overall stock market remains choppy, plenty of investors may be considering which dividend stocks to buy for steady, reliable returns. In the near term, stocks offering average- to above-average yields can produce steady gains in a sideways market. In the long term, stocks that pay dividends can produce strong total returns through a combination of
Some analysts aren’t optimistic about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Why is that? There are various reasons, but the concerns often revolve around Rivian Automotive’s vehicle production and deliveries, compared to the amount of money the company is actually making on those vehicles. If Rivian continues to burn cash and maintain unacceptably low
In this article GM JPM FRC Follow your favorite stocksCREATE FREE ACCOUNT A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. It’s been a terrible week for speculators in low-quality stocks. Last Sunday, struggling retailer Bed Bath & Beyond (NASDAQ:BBBY) announced it was entering Ch. 11 bankruptcy. The speed of its wind-down, however, makes it
Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) has plenty of skeptics. It’s been difficult to defend RIVN stock as it has lost ground in 2023 so far. Unfortunately, the outlook isn’t bright, as Rivian Automotive’s expenditures are disproportionately high. This isn’t to suggest that Rivian Automotive is doing everything wrong. For example, it’s notable that
The move toward decarbonization and the global transition to renewable energy sources is accelerating. According to the International Energy Agency (IEA), renewable power sources will surpass coal to become the world’s biggest source of electricity generation by early 2025. That makes now a great time to consider buying the best green energy stocks. Furthermore, according
Between macro uncertainty and this year’s banking crisis, it’s no surprise that fintech stocks like Block (NYSE:SQ), after performing poorly in 2022, have continued to underperform thus far in 2023. Despite this, some may be confident that a boost for SQ stock is just around the corner. That is, the company, which owns digital financial
People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research
In this article UPS KMB FRC CALM PEP GM Follow your favorite stocksCREATE FREE ACCOUNT A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images Check out the companies making headlines in midday trading. Kimberly-Clark — The stock was
Electric vehicle (EV) sales are picking up. The International Energy Agency (IEA) just released a new report that shows electric vehicle sales around the world rose 55% in 2022 and surpassed 10 million units for the first time. The IEA said that more than 26 million electric vehicles were on the roads in 2022, up 60%
As investors prepare for a sustained bull run in 2022, following a rocky 2022, it’s imperative to keep an eye on the market and reevaluate one’s portfolio. This involves the identification of the worst stocks to buy now and steering clear of those with red flags and warning signs. A lot has changed in the