The tech industry continues to hand out pink slips to employees as the threat of a recession grows every day. Yet, despite the clouds in the distance, investors continue to debate whether it’s wiser to buy stocks that are poised for growth or ones brimming with value. As CNBC contributor Bob Pisani sees it, value …
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If you’re looking for cannabis stock bargains, you may need a healthy dose of patience. Canadian portfolio manager Larry Berman of ETF Capital Management appeared on BNN Bloomberg in early March to discuss cannabis stocks. Unfortunately, he believes they’re going nowhere fast. Cantech Letter reported that, according to Berman, “The explosive moves that we saw in …
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Source: VadymG / Shutterstock Tesla (NASDAQ:TSLA) stock was trading at $108 at the beginning of the year. In just over a month, TSLA stock delivered 100% returns. For fundamentally strong stories, the rally from oversold levels can be quick. This performance can be replicated in several EV stocks. Some EV stocks can surge by 100% in the …
There are plenty of reasons why investors believe a major recession could be on the horizon. Sticky and persistent inflation has continued to put pressure on low- and middle-income workers. The impressive rate-hiking cycles by the Federal Reserve and other global central banks have attempted to tamp down economic activity to constrain rising prices. These …
Continue reading “3 Stocks to Buy In Case a Major Recession Doesn’t Materialize”
Editor’s note: “5 Major Reasons Tech Stocks Will Soar in 2023” was previously published in January 2023. It has since been updated to include the most relevant information available. Back in January, I laid out the reasons why the stock market will boom in 2023. They were varied. Inflation appears to be collapsing. The Fed …
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Aside from inflation and military conflict, one of the most-discussed topics centers on global food shortages, thus cynically incentivizing food stocks to buy. Predominantly, Russia’s unjustified invasion of Ukraine dramatically disrupted critical supply chains, resulting in price escalation. In turn, crises throughout the world may turn worryingly volatile as desperate nations become even more so. …
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Investing in Cathie Wood stocks means directing your money toward innovation. And that means investing heavily in tech, a sector that has been pummeled by interest rates held higher by a Federal Reserve battling runaway inflation. Cathie Wood’s portfolio can be found here and includes hundreds of holdings primarily in tech. Wood’s ARK Investment Management includes …
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Novavax (NASDAQ:NVAX) stock could trade in the $100 billion market capitalization range like BioNTech (NASDAQ:BNTX) or Moderna (NASDAQ:MRNA). Except, unlike those companies, Novavax has not yet delivered. It might be among the most-watched firms that did not yet bring a Covid-19 vaccine to market. Chances are low that it will slump like Altimmune (NASDAQ:ALT) after …
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Timing a market bottom is a notoriously difficult thing to do. So, I won’t claim that now is the definitive time to invest in Alibaba (NYSE:BABA) stock. However, pundits have to admit that the case for maximizing returns by buying low looks very near. The truth is that Alibaba was never likely in any jeopardy …
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Allegations of fraud against Cassava Sciences (NASDAQ:SAVA) are unlikely to stop its Alzheimer’s drug candidate from quickly advancing to a Phase 3 clinical trial. As a result, I remain very bullish on SAVA stock. One of the most important reasons is an issue that hasn’t been explored very much yet. Specifically, none of the allegations …
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