Zooming out is often quite helpful in providing insights as to where the market is likely to go. When we examine a chart of the S&P 500 now on a weekly basis, a clear uptrend from mid-2022 has formed.
So too has a strong resistance line been created at close to the 4,800 mark both at the end of 2021 and the end of 2023.
Imagine a company generating $210 billion in revenues, what do you think it would be worth? To give you a clue, Alphabet produces $297 billion in revenues and is worth almost $1.8 billion. Can you take a stab now at what this other firm is worth?
There is lots of information you need to answer the question so we’ll cut to the chase and share with you that the company in question,
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It’s easy to get caught up in the hype of Nvidia but perhaps the smartest stock to buy now is Alphabet (GOOGL). Across the gamut of products and services offered by Alphabet, a whole new world of revenues opens up when AI is factored in.
We delve in to explore just how large the opportunity is for Alphabet and potentially for shareholders over the next few years.
Some businesses have all the hallmarks of being average. A grocery store fits squarely into that category because goods are bought at wholesale prices, sold at retail, and the margin must cover all the other costs of the business from real estate costs to labor and everything else in between.
And then there’s Costco,
» Read more about: 1 Retailer Is Head and Shoulders Above ALL Others »
Retail investors are conditioned to focus on gains but those who have been around the block and made a fortune focus first on downside risks.
That focus is one of the reasons why so many buy Berkshire Hathaway. After all, when the stock market fell by 20% in 2022, Berkshire treaded water and essentially stayed flat.
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Altria has fallen off many investors’ watchlists and with good reason. If any stock falls squarely into the category of sin stock, it’s the maker of Marlboro cigarettes. The tobacco manufacturer has been plagued with competition, regulatory obstacles, and a general trend towards increased wellness.
Imagine selling a product that comes with a government warning encouraging users not to buy it,
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David Einhorn, the esteemed founder of Greenlight Capital, is widely recognized for making a killing during the Great Recession when he shorted the market. Nowadays, the investment world is curious about where Einhorn finds potential in the current market, particularly which stocks in his portfolio are poised for significant growth.
If you were going to buy just one stock, you would want it to have some key characteristics, and among the best is a share price that increases with the market but holds steady when markets fall.
In 2022 when the market fell by 20%, Berkshire Hathaway treaded water, essentially beating the market by 20%.
» Read more about: 1 No-Brainer Stock to Buy Now with $360 »
The story and hype around artificial intelligence drove a whole wave of technology stocks higher in 2023. Some of the gains were well-deserved and others, like Broadcom, might have mushroomed to unsustainable levels for 2024.
We took a peek at the financials to see if the current valuation matches with the price and,
Have you got your seatbelts on as this market thrusts higher like a rocket attempting to escape orbit?
Extraordinarily, the market is up 23% for the year, yet the vast majority of that gain has come in the space of just 6 weeks.
Back in early November, the chatter around where the S&P 500 would end up centered around bearish targets.
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