The stock market keeps on hitting new highs. Although, consumer staples stocks haven’t been leading the charge. Relative to big tech and some other sectors, consumer staples are undervalued. As a result, you can buy the defensive stocks below at a discount. They can help provide stability in your portfolio, along with a steady stream … Read More
As a long-term investor, it’s natural to be on the lookout for stock opportunities that can lend wealth-building catalysts to your portfolio. Few individuals will get rich overnight from buying stocks, but years-long investments in quality companies that consistently deliver both share and balance sheet growth can certainly help you build and sustain wealth. To … Read More
Trivia question: What’s the fastest growing segment of the retail sector? The answer may surprise you… It’s the resale market – where consumers buy used clothes that are selectively sorted, processed, and curated for sale by third-party platforms. According to research from GlobalData Market, the resale market is expected to grow from $7 billion in … Read More
In recent times, tech penny stocks have turned out to be quite volatile. But many of these have been able to reach new heights in the stock market in 2021. The pandemic caused a huge sell-off at first. But this industry and stocks in it ended up becoming some of the best performers over the … Read More
The U.S. President Joe Biden’s unveiling of the $2.3 trillion infrastructure plan aimed at rebuilding American roads, bridges, mass transit, and water infrastructure, has boosted the U.S. market’s morale heading into the second quarter of the year. . But more immediate concerns continue to stoke fear among Wall Street investors as the number of coronavirus … Read More
You’ve no doubt heard the investing adage to “buy the dip.” But what if the dip is a really bad one? Sometimes buying stocks that fall significantly isn’t such a great idea. On the other hand, there are other cases where scooping up shares when they’ve retreated a lot can pay off in a big … Read More
For those beginning to invest, it may be hard to figure out which stocks to buy. Some retail investors have made fast gains dabbling in risky stocks. We’ve seen this play out in the meme stock madness experienced in January and February. But, while situations like Gamestop (NYSE:GME) have been lucrative for those who got … Read More
We’re at the start of a brand new week and a whole new list of penny stocks to watch. One of the popular places that retail traders are searching is on Reddit. The social media discussion platform has become a notable hang-out for traders. That’s ever since the massive short-squeeze triggered GameStop, and others were … Read More
For those who needed a friendly reminder, stocks can go down, too. On Monday, the growth-oriented Nasdaq Composite officially dipped into correction territory, with a loss of 10.5% since its Feb. 12 high. Corrections and crashes, as much as we might dislike them as investors, are a natural part of the investing cycle. More importantly, … Read More
With major blue-chip stocks pushing up by big numbers on Tuesday, which penny stocks are investors watching? Now this question comes with multiple parts as it truly depends on a few factors. Overall, we have to consider the current state of the market. This week, investors are focused on the $1.9 trillion stimulus package that … Read More