While the sentiment toward technology stocks is bearish, I feel that there are several aggressive contrarian opportunities. What investors need is patience and the stomach to ride out the volatility. One contrarian opportunity is Stem Inc (NYSE:STEM). Stem stock is an intriguing play on the renewable energy sector. About Stem Stock The post Stem Stock: Time to Look at This…
As the stock market braces for headwinds from geopolitical uncertainty and inflationary pressures, investors could be turning towards defensive sectors. As such, utility stocks could be one to consider as they are usually better equipped to weather market volatility. This is because utility stocks consist of companies that provide essentials such as water, electricity, and gas. On top of that,…
We are now seeing that major economies (US/UK/Japan) are not immune from global deleveraging and inflation. As investors seek safety in the US Dollar, this may eventually trigger a broader and deeper selloff in U.S. stocks and market volatility will begin to pick up as the VIXY moves up. As the USD continues to strengthen, corporate profits for US multinationals…
Investors have been processing high inflation reports, rising interest rates, surging energy, commodity, and real estate prices. So, what is the market saying about which markets investors have favored the last couple of years vs where are they putting their money right now? A way to determine this is to simply plot the indices and then see how they stack…
EVgo Inc (NASDAQ:EVGO) has been one of the biggest stock market winners in 2022, rising by 25% in the first quarter alone. EVgo stock has been outpacing its peers and the broader stock market. The outlook for EVgo stock is solid, with Wall Street analysts providing an average 12-month share-price target of $14.20 and a high estimate of $22.00. This points…
Coronavirus vaccine stocks may not be the hottest stocks in the stock market today. However, the companies behind them continue to play crucial roles in the fight against Covid-19 now. By and large, this is the case as new variants continue to emerge that are boasting greater infectivity. Despite all of this, coronavirus stocks have mostly cooled off since their…
Recent rallies in the major indexes have had a hard time hanging onto their gains lately. ETFs like XOP (S&P Oil & Gas Exploration & Production), XME (S&P Metals & Mining), and XLU (Utilities) have been experiencing capital inflows. At the same time, other ETFs such as DIA (30-Industrials), SPY (500-Large Caps), IWM (2000-Small Caps), IYT (Transports), and QQQ (100-Nasdaq…
The financial technology (fintech) space will continue to have strong tailwinds despite the current negative sentiment. One market that looks promising is the electronic bill presentment and payment (EBPP) segment. The EBPP sector could process as many as 30.7 billion bills by 2027, up from 18.2 billion in 2020. That might even be a conservative forecast. (Source: “Global Electronic Bill…
The metaverse is a sector of the stock market that has been up and coming over the past year. And with more and more companies dipping their toes in the metaverse, you may feel inclined to do as well. For the uninitiated, the metaverse is a virtual world that is immersive and accessible in real-time and allows for social interactions,…
Penny stocks may be notorious for their extreme volatility and high investment risk; however, several penny stock success stories still encourage aggressive growth-oriented investors to make small capital allocations to the speculative investments due to their potential to offer life-changing returns in the shortest times possible – especially if the small companies finally start making sustainable profits. Here is a…