Declines in growth stocks amid inflation and rising interest rates provide a buying opportunity. Growth stocks are those that are expected by the market to increase their revenues and earnings faster on average than others in the same industry. These high-flying stocks tend to hail from the technology and communications sectors, and often exhibit elevated valuations in the form of high…
As we enter a new trading week, investors could be on the lookout for defensive stocks in the stock market. For one, this would be due to the Consumer Price Index (CPI), which rose 8.6% year-over-year in May. This came as a surprise as it exceeded the 8.3% Wall Street was estimating. In addition to that, consumer sentiment slumped to…
Some drivers might be fighting the idea of ever driving an electric vehicle (EV), but it looks like their protestations are in vain. According to a recent report, sales of non-plug-in internal combustion vehicles hit a peak in 2017. That means it’s all downhill for internal combustion vehicles, with the future being handed to EVs. The EV market opportunity between…
Gaming stocks have been gaining traction among investors in the stock market over the past few years. Whether we like it or not, the gaming industry is one of the fastest-growing sectors within the entertainment industry. Without question, demand for games increased dramatically during the coronavirus pandemic as most people were forced to stay indoors. As a result, even non-gamers…
One of my favorite ways to protect investors from rising rates and inflation is to use private equity-affiliated business development companies that earn high cash returns. Two BDCs are now on my radar that I think represent an excellent opportunity to fill out an alternative income portfolio. Buying shares of high-yielding private equity affiliated business development companies with insider buying…
AeroClean (NASDAQ:AERC) stock is getting a great deal of attention from investors after the company disclosed that the Food and Drug Administration (FDA) has designated its air purification system as a “Class II Medical Device.” AERC stock soared over 150%! AeroClean’s air purification device, the Purgo, is “proven to eliminate 99.99% of harmful airborne microorganisms, including bacteria, fungi and viruses,…
Electric vehicles (EVs) have seen a robust increase in consumer demand over the past few years. This could be thanks to the cutting-edge technology found in these modern cars or their ‘cool’ factor. Not to mention, governments across the world have been encouraging consumers to make the jump to electric as well. As such, with the growing adoption of EVs,…
So far, 2022 has been a rough year for technology stocks. Investors’ concerns over the Federal Reserve’s tighter monetary policy to fight multi-decade high inflation, the Russia-Ukraine war, and the possibility of an economic slowdown have driven a broad sell-off in tech stocks. However, the recent tech sell-off provides a golden buying opportunity for investors because many quality stocks are now trading…
After briefly reaching highs above $2000, Gold has fallen to $1785 (-14%) following the deep selling in the US major indexes throughout most of April & May 2022. It seems to me, that the underlying factors driving the price of Gold have drastically changed. All it would take for Gold to break into a new trend, up or down, would…
The selling of cannabis stocks has been excessive, but the market is clearly not anxious about adding risk at this time. The situation will improve for marijuana stocks; it’s simply a question of when. One of my favorite Canadian pot stocks is Canopy Growth Corp (NASDAQ:CGC). CGC stock has taken a significant beating, however. For investors who are looking for…