These are precarious times for the U.S. housing market, and related homebuilder stocks. High-interest rates, a slowing economy, and a recent banking crisis are bad omens for the real estate market. And some analysts are now warning of a housing correction, as others forecast a full-blown crash. Worse, the Dallas Federal Reserve says a new …
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Source: quiggyt4 / Shutterstock.com Is First Republic Bank (NYSE:FRC) stock a bargain just because is has cratered in 2023? Don’t be too eager to invest in First Republic Bank now. As the company struggles to deal with financial issues, its shares could actually be cheap for good reasons. As always, investors must understand the difference between …
Source: Isabelle OHara / Shutterstock.com Charles Schwab (NYSE:SCHW) (commonly-known as just Schwab) has been a reputable financial institution for many years. However, the recent banking crisis has taken a toll on SCHW stock. While Schwab probably won’t go bankrupt anytime soon, investors should still prepare for negative share-price pressure in the near term. The troubles that …
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ESG stocks have become very popular over the past few years. This comes as investors are increasingly concerned about the environmental, social, and governance aspects of the companies they put their money behind. Thus, many companies have seized the opportunity to project the best possible image, to increase demand for their shares. The environmental portion …
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Rivian Automotive (NASDAQ:RIVN) stock is once again moving lower, on the “news” a bearish research note from UBS’s Patrick Hummel. In the report, Hummel argues that the U.S. is on the verge of an automobile glut. With supply chain bottlenecks easing, automakers across-the-board are increasing production, even as demand is at the risk of cooling, …
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While electric vehicles may be the future of transportation, I’m afraid these EV stocks to avoid might not make the cut. Fundamentally, as a burgeoning sector, the price for entry for arguably most consumers is simply too steep. With a smaller addressable market for a wide array of competitors, it’s inevitable that many if not …
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The energy sector had a blockbuster year in 2022, and actually turned out to be the best-performing sector overall. Thus far, 2023 has not played out well for investors in this sector, with energy stocks falling 4.23%, based on the S&P Global 1200 Energy index. Those negative returns contrast poorly with the broader S&P 500, which …
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Much like the internet defined the first 10 years of the 21st century, electric vehicles may be the story of the next decade. In 2020 and 2021, any stock with exposure to electric vehicles, no matter how tertiary, took off with the thought that this time would be different. But in 2023, this is a …
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Source: shutterstock.com/eamesBot The discussion around artificial intelligence (AI) has taken a dark turn. In recent days, a number of well-known technology leaders, including Tesla (NASDAQ:TSLA) CEO Elon Musk and Apple (NASDAQ:AAPL) co-founder Steve Wozniak, signed an open letter calling for a pause in the development of generative AI that they say poses high-level risks to humans and society. The strongly worded …
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With the movie-theater sector continuing to face very tough challenges and AMC (NYSE:AMC) still carrying a tremendous debt load, AMC stock remains tremendously overvalued, and its long-term outlook is terrible. Theaters Are Still Struggling In line with my previous predictions, movie theaters are struggling, even though the coronavirus pandemic is in the rearview mirror. Since …
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