Raise your hand if you remember the Stinger missile. Keep your hands raised if the reason you remember the Stinger is from reading newspapers during the Reagan Administration and think of them as the missiles the mujahideen used to shoot down Soviet helicopters in Afghanistan. Yep. That’s what I thought. But here’s something that may […]
Category: Finance
Forget AI, Nvidia’s Next Big Catalyst Might Be Nintendo’s Switch
Nvidia‘s (NASDAQ: NVDA) stock quadrupled over the past three years as the rapid expansion of the artificial intelligence (AI) market lit a fire under its data center business. Its high-end GPUs are used to process complex AI tasks, and most of the world’s leading AI companies — including ChatGPT’s creator OpenAI — currently use its […]
Will Palantir Be a $1 Trillion Stock by 2035?
Palantir Technologies‘ (NYSE: PLTR) stock began a bull market run in early 2023 following the release of its artificial intelligence platform (AIP). Even though the company had long relied on AI to deliver analytical insights, the release of AIP appears to have placed the stock on investors’ radar. Although it was already a large-cap stock, […]
Stock-Split Watch: Is Apple Next?
2 Popular Stocks I Won’t Buy in 2024 (and 1 I Definitely Will)
Plug Power (NASDAQ: PLUG) and QuantumScape (NYSE: QS) are two of the most popular energy stocks among investors these days. Powering their popularity is their focus on the future of energy. Many investors believe these stocks can produce high-powered returns as they rev up their growth engines in the coming years. I’m more skeptical about […]
Stock-Split Watch: Is Nvidia Next?
Nvidia (NASDAQ: NVDA) has split its stock five times since 2000. The most recent split was July 2021, when the company issued a 4-for-1 stock split — meaning shareholders received four shares for every one share they held. Stock splits are not free shares and don’t change the overall value of the company. The main […]
‘Debt does not miraculously disappear’
As baby boomers age, an inheritance wave dubbed the “great wealth transfer” is underway. What’s also ahead: a great debt transfer that will have to be managed by younger generations of Americans. More than 46% of Americans expect to transfer debt on death to their loved ones, according to a survey by PolicyGenius. The average […]
History Says the Nasdaq Will Crush 2024. Here’s 1 Artificial Intelligence (AI) Stock-Split Stock to Buy and Hold Forever.
2022 was a tough year in the stock market. Concerns stemming from a challenged economy caused pronounced selling activity, sending stocks into a nosedive. The tech-heavy Nasdaq Composite dropped 33% in 2022 — marking only the sixth time in over 50 years it’s dropped by that level or more. In the midst of 2022’s sell-off, […]
These Dividend Stocks Can Double Your Money in Under 6 Years
Compound interest is a powerful wealth creator. For example, an investment that can deliver a 13% annual rate of return can double in value in less than six years. While 13% is an above-average return, many high-quality dividend stocks have delivered an average annual total return above that level over the past decade (and can […]
SEC Assessing if ‘Additional Remedial Measures’ Needed After False Bitcoin ETF Post
Cryptocurrencies By Joe Woelfel Updated Jan 13, 2024, 10:39 am EST / Original Jan 13, 2024, 7:59 am EST Share Reprints In this article BTCUSD ETHEUR The Securities and Exchange Commission said Friday it was still assessing whether “additional remedial measures” were warranted following a false post on its official account on X, the site […]
This Stock Has Made Far More Millionaires
Fitness-focused energy drink maker Celsius Holdings (NASDAQ: CELH) has created a fair number of millionaires in the last four years. The stock has gained 3,700% since taking its flagship beverage brand nationwide in March 2000. However, the number of Celsius millionaires is probably fairly small. The stock’s trading volume rose relatively slowly and four years […]
How to Create Your Own Retirement Income Plan
It’s important to plan for your retirement income. One of the most overlooked aspects of retirement planning is that there are two steps to this process. First there’s your savings plan – how you will build wealth and set money aside over time. This is, of course, critical. Then, there’s your income plan, or how you […]