Making a million dollars on a stock investment is one of those classic goals you hear many investors say they dream about. And in some rare cases, the dream of a massive return that generates life-changing profits does come true. Investors who took a chance on high-flying Nvidia (NASDAQ: NVDA) back in 2016 and held […]
Most investors understand the importance of diversifying their portfolios. However, there’s no denying that technology stocks regularly outperform most other industries’ stocks. That’s why it wouldn’t be entirely wrong to take on some additional exposure to these names and to the tickers leading the charge, in particular. Semiconductor stocks consistently rank among these leaders. With […]
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in the past 18 months. Shares jumped sixfold thanks to the crucial role it is playing in the proliferation of artificial intelligence (AI). But Nvidia has also crushed the broader market by a big margin over the past decade as well. The […]
Can you become a millionaire by investing in Energy Transfer (NYSE: ET) stock? Absolutely. Over the long term, shares have proven a terrific investment. And given the company’s unique asset base, there’s a good chance this performance will be repeated in the years to come. There’s only one catch: If you don’t invest in this […]
Tech stocks have probably made more than a few millionaires recently, with the Nasdaq-100 Technology Sector up 51% since last May, for example. Increased interest in artificial intelligence (AI) has caused countless stocks to skyrocket. The launch of OpenAI’s ChatGPT highlighted just how far the technology has come and its potential to boost many industries. […]
Investing in solid companies and holding them for a long time is a robust strategy that could help investors significantly boost their wealth in the long run and construct a million-dollar portfolio. This strategy allows investors to capitalize on disruptive and secular growth trends, as well as benefit from the power of compounding. For instance, […]
Artificial intelligence (AI) stocks are zooming. Even the private market is going like gangbusters. Right now, more than one-fifth of all venture capital funding is going toward AI start-ups, According to a report from Crunchbase. Want to get involved? Here are two AI stocks that have minted a sizable number of new millionaires in recent […]
Every big investing theme has winners that rise to the top. Amazon was the champion of e-commerce, and Microsoft was the king of computers. Which companies will dominate artificial intelligence (AI)? It could be too early to tell for sure, but some potential favorites are emerging from the pack. Snowflake (NYSE: SNOW) and Super Micro […]
It’s been a tough past three years for biotech stocks. Although the COVID-19 pandemic sparked bullish interest in the industry, this interest has waned since the contagion began winding down. Between late 2021 and now, the Nasdaq Biotechnology Index is down on the order of 25% versus roughly a breakeven for the board market. As […]
Artificial intelligence (AI) has many different applications. One budding area in the AI realm that big tech firms are exploring right now is voice-recognition software. “Magnificent Seven” members Microsoft, Apple, Amazon, Alphabet, and Nvidia are all investing heavily in AI-powered speech. Yet despite big tech’s pursuit of this technology, a smaller player has made headlines […]
Nvidia (NASDAQ: NVDA) has made a lot of millionaires over the last year as its share price skyrocketed 225%. The company rallied investors as it became the poster child for a boom in artificial intelligence (AI), snapping up an estimated 90% market share in AI chips. NVDA PE Ratio (Forward) Chart However, the chart above […]
The artificial intelligence (AI) market exploded last year after the launch of OpenAI’s ChatGPT reignited interest in the technology. Companies across tech pivoted their businesses to the budding sector in an effort to take their slice of a $200 billion pie. The AI market is developing rapidly. Data from Grand View Research projects it to […]