1 AI Stock To Avoid In 2024
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, candidly, what we discovered surprised us. » Read more about: 1 AI Stock To Avoid In 2024 »
Read MoreBitcoin vs Ethereum: Which Is Better?
Bitcoin was the first digital currency to take off. It was also the first successful application of blockchain technology. When it debuted in 2009, it didn’t face any competition. That fact helped it become extremely popular as network effects kicked in.
Research has shown the value of a company or project is correlated to these network effects.
» Read more about: Bitcoin vs Ethereum: Which Is Better? »
Read More3 Bear Market Bargains
The weight of inflation, high energy costs, rising interest rates, and pessimism has dragged prices down to create a bear market. As prices of former high flying stocks creep ever lower, it’s tempting to cut portfolio holdings and run. But some companies stand out with exceptional business models and are trading at attractive valuations.
When news headlines are pervasively negative,
» Read more about: 3 Bear Market Bargains »
Read MoreIs This Crypto The Next Ethereum?
Bitcoin (BTC) and Ethereum (ETH) still stand out as the two most popular cryptocurrencies. For years, Bitcoin was the only option for investors interested in the benefits of non-fiat currency. Ethereum is the only crypto that has come close to dethroning BTC. Now, there’s a chance that Solana (SOL) could emerge as a new contender.
» Read more about: Is This Crypto The Next Ethereum? »
Read MoreMarket Commentary: 1 Marine Stock On Sale
Buying a boat manufacturer ranks right up there as one of the most treacherous investments when interest rates are elevated, at least on the surface.
But then there’s Marine Products Corporation that trades with a price-to-earnings ratio of just 7x. Not only is the PE ratio attractive but the earnings have been growing steadily quarter over quarter and operating income looks very attractive for the past three years too.
» Read more about: Market Commentary: 1 Marine Stock On Sale »
Read MoreThe Ivy
Why Gold Is Soaring
The problem with thinking is the risk of overthinking. At least that’s the case when it comes to gold. A few weeks ago when gold broke out, some traders were paralyzed by analytical disbelief. How could gold break out now?
Traditional analysis says quantitative easing and increased money supply should lead to higher gold prices.
» Read more about: Why Gold Is Soaring »
Read MoreThe Spotlight
1 Indicator Has Been Right for 77 Years: What’s It Saying Now
Imagine having access to an indicator that has reliably predicted recessions with high accuracy for almost a century. Surprisingly, there is an indicator that has done just that, without receiving much mainstream attention.
This indicator was recently tallied at the end of February, so what does it say? Interestingly, the indicator’s reading contradicts the predictions of other signals that suggest a lingering bear market.
» Read more about: 1 Indicator Has Been Right for 77 Years: What’s It Saying Now »
Read MoreThe Daily
Federal Reserve is moving in the right direction – but how fast will it move?
The Federal Reserve appears more confident than ever that it can pull off a soft landing, as the risks to achieving its dual mandate of stable prices and full employment are now roughly in balance.
» Read more about: Federal Reserve is moving in the right direction – but how fast will it move? »