You’d think 2022 would have been a good year for electric vehicle stocks. EV sales hit 2 million globally for the first time in the third quarter, according to PwC, up 75% year over year. Legacy automakers Ford (NYSE:F) and General Motors (NYSE:GM) announced they were making big investments in the sector. And we saw major legislation at the federal…
We have now entered the final quarter of 2022-2023. This is now the time to look back on our finances and add elements to our portfolio. For those looking to add exposure to the markets, searching for growth-focused ETFs to buy may be a great way to go. ETFs, or exchange-traded funds, provide diversified exposure to an index, sector, or…
After being comatose for the majority of the year, marijuana stocks mounted a strong rally following the decision by Maryland and Missouri to legalize recreational marijuana, It’s clear the move to state-approved recreational marijuana is picking up, but the key here remains the federal decriminalization of recreational pot. For a broad measure of the pot sector, look at ETFMG Alternative…
Despite the challenges presented by the current economic downturn, there are still plenty of reasons to be optimistic about the tech sector’s future. 2022 has been nothing less than a nightmare for investors in tech stocks. However, in all likelihood, the stock market conditions will improve substantially in the coming year, pointing to a strong upside for tech stocks. Therefore,…
A challenging stock market in 2022 – and the likelihood of continued high inflation in 2023 – has many investors looking for gold stocks to buy to hedge their portfolios. Granted, there are already some pressures on gold prices, which are down about 2% in 2022. The Federal Reserve’s moves to raise interest rates in turned strengthened the U.S. dollar,…
Is there a way we can invest today that positions our portfolio to do well regardless of whether a 2023 recession is mild or massive? Or even if that recession doesn’t materialize and Powell is successful in his soft-landing attempts? Today, let’s look at one such opportunity. Whatever economic conditions we find ourselves in next year, this corner of the…
This is an ideal time to clear your portfolio from F-rated stocks to sell. Face it – F-rated stocks can ruin your holiday by sinking your investments. This has been a difficult year already for many investors as major indices spent much of 2022 in bear market territory. And while some stocks on the market are enticing sales, there are…
As companies wrap up their third-quarter earnings announcements, things are looking up for many market sectors. With holiday buying ramping up and being in the midst of Black Friday and Cyber Monday, I thought I’d revisit a couple of cheap stocks I’ve been watching throughout 2022. So if your holiday bargain hunting includes buying the dip and diversifying your portfolio,…
Natural gas is a major source of energy and its demand continues to increase year after year. There are two main types of natural gas stocks – upstream and downstream. Upstream companies focus on extracting, processing, and transporting natural gas, while downstream companies focus on distributing it for consumption. Because of this, many investors are looking to capitalize on this…
For investors looking for growth, biotech stocks are a great place to start one’s search. This is a sector that’s seen its valuation multiples decline in many cases to a greater extent than the overall market. Even in this bear market, the biotech space has immense growth potential. Investors opting for this sector can certainly ramp up their risk on…