The much-anticipated Reddit stock (NYSE:RDDT) IPO is now old news, with RDDT officially trading on the New York Stock Exchange on March 21, more than a decade after many of its counterparts. Under the ticker “RDDT,” shares debuted at $47, soaring to nearly $75 at their peak, marking a 120% increase from its initial $34
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In this article LEVI BOOT Follow your favorite stocksCREATE FREE ACCOUNT Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Devaney | GC Images | Getty Images Western boots have a new protector in Beyoncé. The country fashion staple’s
Dividend investing has proved itself to be one of the best, most reliable strategies to amassing wealth. Because stocks beat out every other asset class over the long haul, and dividend-paying stocks outperform those that don’t make a payout, you will position yourself for generating riches by buying dividend growth stocks. However, you shouldn’t just
A March 2024 article on CNBC suggested the EV euphoria is dead. This view was backed by the fact that automakers have been scaling back on their EV expansion plans. Undoubtedly, the industry is suffering from factors that include competition, macroeconomic headwinds, and slower adoption by consumers. However, it’s too early to believe it’s the
Rivian Automotive (NASDAQ:RIVN) stock has certainly been on quite the slip in recent months. On a year-to-date basis, RIVN stock is down more than 50%, as sector-wide issues continue to hamper most names in this space. That said, Rivian also has its own fair share of hurdles to overcome. Higher interest rates and record-high EV
Investors buy growth stocks, hoping that those investments will outperform the stock market. Growth stocks to buy tend to perform especially well during bullish markets, as investors experienced in 2023 and the start of 2024. The Nasdaq Composite and the S&P 500 are both up by roughly 10% year-to-date. Many growth stocks have generated higher returns than those indices.
Xiaomi (OTCMKTS:XIACY), known for its smartphones, is making a bold entry into the electric vehicle (EV) market. The company announced it will launch its first EV at competitive prices, which put several names in the EV stocks to avoid category following the highly successful SU7 launch. Xiaomi co-founder Lei Jun unveiled the SU7 range, with
Tesla stock (NASDAQ:TSLA) is an American automotive company headquartered in Austin, Texas. The company was known for its innovative electric vehicle (EV) technology and green energy usage. The company’s stock is down almost 30% YTD leading some investors wondering what to do now. Although the company has some promising growth in the future, including the
Considering the progress on the business front, flying car stocks have been relatively subdued in the last two quarters. It’s a period of correction and consolidation before the big take-off. The fact that the best flying car companies are on track for the commercialization of eVTOL in 2025 underscores this point. The next few quarters
“Down but not out” may be a great way to describe Nio (NYSE:NIO) stock, down more than 50% on the year. Since the height of its popularity in 2021, shares have fallen by nearly 93%. Headwinds have affected the company’s performance, leading to poor results. While Nio’s management may still be pursuing something it believes
Palantir stock (NYSE:PLTR) has emerged as a prominent AI stock, soaring more than 40% since the start of the year. This sort of surge places the stock as one of the best-performing tech names in the market during the first quarter. But questions obviously remain with respect to whether this AI-driven rally can continue, and if
US Federal Reserve Chair Jerome Powell attends a “Fed Listens” event in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images A hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading.
Every investor should pay attention to Russell 2000 stocks with strong buy ratings. These stocks tend to have lower valuations compared to the highly-priced large-cap stocks in the FAANG group and the Nasdaq composite. After the strong bull run in the tech sector over the past several years, many investors are concerned about the high
Dividend Aristocrats are stocks that are members of the S&P 500 index and have raised their dividend payouts yearly for 25 years or more. It’s an exclusive list of companies. Of the thousands of stocks on the market, only 68 were cut. That shows just how difficult it is. Yet, becoming a Dividend Aristocrat doesn’t
Henrik Fisker’s second chance at an automotive company isn’t going so well. After founding Fisker Automotive in 2007 and releasing the Fisker Karma, he watched his first shot file for bankruptcy in 2013. Now, Fisker (OTCMKTS:FSRN) is at risk of experiencing the same fate. Fisker began trading in late 2020 following a SPAC merger valued
Prices for crude oil have risen to their highest level in five months amid growing concerns of tighter supplies fueled by OPEC+ production cuts and turmoil in the Middle East. The price of Brent crude oil, the international standard, is currently at $90.19 per barrel, having risen more than 5% since the start of April.
In January, I published MarketMasterAI’s top 500 stocks to buy for the first half of 2024. The AI-powered system ranked the largest American firms by market capitalization and chose what it believed to be the best investments for the next six months. The first three months have been admittedly mixed. A-grade companies have performed splendidly,
The 2024 presidential election is shaping up to be just as exciting and contentious the 2020 contest. That’s because it looks to be a rematch between President Biden and former President Trump. There’s a wildcard thrown in this time with Robert Kennedy Jr. running an independent campaign that could pull voters from both sides. The
With the S&P 500 yielding less than 2% on average right now, high dividend stocks are hard to find. Even though interest rates have risen significantly over the past few years, the major equity indices are broadly unappealing for income investors. Fortunately, investors can still find high dividend stocks… even in this market. The following
Nio (NYSE:NIO), which at one time traded for as much as $62.84 per share, now trades for under $5 per share, putting NIO stock firmly in penny stock territory. However, investors have rightfully bailed this China-based EV manufacturer. I’m referring to more than just fair weather fans of the stock. As InvestorPlace’s Eddie Pan reported
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