The global artificial intelligence industry is expected to grow from $59.6 billion in 2021 to $422 billion by 2028, according to Zion Market Research. Virtually every industry is being disrupted by AI, automation and robotics. Whether it be machine learning, smart applications and appliances, digital assistants, or autonomous vehicles, companies that aren’t investing in AI products and services risk becoming obsolete.…
Over the weekend, I saw a news item that really stood out. That being an extensive CNBC survey showing that 45% of economists are predicting recession in next 12 months. On the surface, that news byte doesn’t sound too bad. Meaning it feels like it could go either way, which gives us some hope that all could be well. Now let me…
Utility stocks have long been a staple of investment portfolios for stock market investors. This is because historically utility stocks have offered reliable income and modest growth potential. However, with rising interest rates expected to continue throughout the remainder of 2022, utility stocks may come under pressure. This could present an opportunity for investors to buy top utility stocks at…
The Dow Jones Industrial Average (DJIA) is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. As a result, Dow Jones Industrial Average stocks are some of the most heavily traded stocks on the market. The index is price-weighted, meaning that the Dow Jones stocks with the highest…
Wall Street has many messages for people who are or who may become its customers: “We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals.” “Our processes are finely tuned, deliberate, time-tested and risk-aware, all in the mission to achieve sustainable, above-market results.” “Investment professionals design and manage a portfolio aligned to…
It’s very easy to construct negative sentiment around the tech sector. As investors are well aware, increasing quantitative tightening has spelled a massive downturn for the equity class. Easy money is gone, drying up investor capital for highly valued tech stocks. The fact is that the harder liquidity is to come by, the less likely that capital is to flow…
Focusing attention on electric vehicle (EV) stocks like Tesla Inc (NASDAQ:TSLA) and Rivian Automotive Inc (NASDAQ:RIVN) isn’t unwarranted; they’re the biggest EV companies. But they’re also followed by everyone, and investors have already made solid gains from those two stocks. What TSLA stock and RIVN stock don’t have is the explosive upside potential that many smaller EV stocks do. One…
Consumers around the world are all too familiar with inflation by now. With inflation expected to stay elevated throughout the year, the Federal Reserve is taking a more aggressive stance to tighten monetary policy by moving to increase interest rates and tame the sustained rise in prices. The Fed raised the interest rate for the fourth time this year in July, representing the largest…
It’s no surprise that the conflict in Ukraine has had a significant impact on fertilizer stocks in the stock market this year. Eastern Europe is an important wheat belt and a large exporter of fertilizer. As a result of the conflict, it has made wheat prices vulnerable. Simply put, the Ukraine-Russia war has caused a hike in the prices for…
Technology stocks have mounted a stellar rally since their June low, but even so, many of the stocks are trading well below their highs. Yes, the surge by technology stocks in 2021 was excessive, but for contrarian investors, the subsequent selling was overdone. That’s the situation with UiPath Inc (NYSE:PATH), a provider of enterprise software used in the robotic process…