Source: Shutterstock The tech-heavy Nasdaq Composite managed to climb a staggering 10% in January. After shedding more than 30% of its value in 2022, investors everywhere are wondering if now is the time to get into the high-growth index. What’s behind the Nasdaq’s surprise growth spurt last month? It seems the Nasdaq is in the…

Source: Robert Way / Shutterstock.com Polestar (NASDAQ:PSNY) stock is trading 9% higher today after the electric vehicle (EV) company announced that it would further integrate Luminar’s (NASDAZ:LAZR) light detection and ranging (lidar) technology into the Polestar 3 and upcoming Polestar 5. Unlike Tesla (NADSAQ:TSLA), which chooses not to utilize lidar in its vehicles, Polestar is…

Elon Musk, the chief executive of electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA), recently attempted to reassure jittery investors about potentially flagging vehicle demand. Granted, Musk had some quarterly financial and operational stats he could point to. Nevertheless, this isn’t the right time to significantly add to one’s share position in TSLA stock. Sometimes, it’s hard to…

There have been relatively superficial discussions in the American financial news media about why overseas stocks may be more attractive than U.S. names at this point. But these discussions have only scratched the surface of why foreign stocks, in general, and emerging market stocks, in particular, are worth buying at this point. One issue that…

Discussing undervalued retirement stocks usually brings defensive stocks to mind, especially those with high dividends and low exposure to market volatility. While defensive stocks are great for your retirement portfolio, you should also add some growth potential, especially if you aren’t already a retiree. Things have shifted due to market volatility and recent selloffs, and…

Source: Shutterstock All eyes are on Tesla (NASDAQ:TSLA) stock today after the leading electric vehicle (EV) company reported fourth-quarter earnings yesterday. During the quarter, Tesla produced a total of 439,701 vehicles and delivered 405,278 vehicles. That translated to revenue of $24.3 billion, up 37% year-over-year (YOY). Analysts polled by Refinitiv had expected revenue of $24.16…

Today, few are holding out on Lucid Group (NASDAQ:LCID) as a possible Tesla (NASDAQ:TSLA) in the making. As you may recall, the SPAC predecessor to LCID stock hit prices nearing $65 per share around two years ago, on expectations that this EV startup was going to be the ultimate Tesla killer. Since then, changing economic…

Source: shutterstock.com/LCV IBM (NYSE:IBM) layoffs will see the tech company cutting 3,900 jobs, which represents about 1.5% of its workforce. According to IBM, these layoffs have to do with its spinoff of the Kyndryl and Watson Health units. This will see the company adjusting its global workforce to take into account employees left over after…

As we get into earnings season, the investment calendars are starting to fill up. That has investors wondering what the hot stocks for tomorrow will be. While it helps that the Federal Reserve has entered its blackout period, it doesn’t help that we will have a Federal Open Market Committee (FOMC) meeting in early February.…

Electric vehicle stocks have witnessed a deep correction in the last few quarters, but the best EV stocks to buy will recover from the factors that held them back. Factors include overvaluation, supply chain concerns, inflation, and a potentially weak macroeconomic environment in 2023. Intensifying competition has also impacted valuations, but it is the nature…

The best electric vehicle companies to watch are those with the longest, most stable path to growth. The potential for electric vehicles is immense. At the same time, there is still a long way to go if the target of two billion by 2050 is to be achieved. Furthermore, now that renewable energy costs have…

Even though the former House Speaker and leader of the Democrats in the lower chamber of Congress stepped down after 20 years of service, it doesn’t mean that the best Nancy Pelosi stocks to buy lost much of their relevance. Indeed, Internet algorithms consistently point to this topic as one of the most popular regarding…

Source: ggTravelDiary / Shutterstock.com Lucid Group (NASDAQ:LCID) stock rose 20% on Jan. 11 after an investor lawsuit was dismissed. The class action suit claimed Licid defrauded investors by overstating its production outlook as it came public through a Special Purpose Acquisition Company (SPAC) called Churchill Capital IV, which traded as CCIV. A California judge found…

Source: James Yarbrough / Shutterstock.com Rivian (NASDAQ:RIVN) stock is in the green today, although the company appears to be facing an exodus of top executives. Over the past few months, four major employees have left the company: Randy Frank, Vice President of Body and Interior Engineering. Frank joined Rivian in 2019 after leaving a position…

Although controversial and viewed by some as a conflict of interest, members of Congress continue to actively trade stocks. And the latest data on those trades reveals that many elected representatives managed to outperform the market in 2022. While 2022 saw all the major indices in the U.S. suffer their worst downturn since the 2008 financial…

In my last article on Rivian Automotive (NASDAQ:RIVN), I argued that this electric vehicle stock appeared ready to crash. Not too long after that, RIVN stock entered “capitulation mode,” falling from the mid-$20s to the low-teens per share by year’s end. At first, it may have seemed as if this sell-off would come to an…

More than at any time in the past 18 months, investors will need winning investment strategies to be extremely successful. In the second half of 2020 and, to a lesser extent, in 2021, it was fairly easy to pick winning stocks, as a ton of high-flying names kept rising relentlessly. Last year, shorting overvalued tech…

Source: nrqemi / Shutterstock.com Nio (NYSE:NIO), Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI) are all driving higher on Wednesday. That’s as Chinese electric vehicle (EV) stocks all seem to have found a burst of bullish momentum. Li Auto is up more than 9% on the day, while Nio is higher by 10%. Xpeng leads the trio…