With a cautious eye on oil prices, Fed likely to hold rates next week following February's inflation reading
The Iran war is expected to push headline inflation higher, mainly due to pressure on oil prices. But the “core” Consumer Price Index (CPI), which strips out the volatility in food and energy categories, showed inflation moving toward the Federal Reserve’s 2% goal, according to February’s print released Wednesday.
Still,
Read MoreTesla vs. Rivian: Which Growth Stock Is a Better Buy?
Electric vehicle stocks have tested investors’ patience recently. With high interest rates and cautious consumers, selling cars isn’t as easy as it was a few years ago. This reality has hit both Tesla (TSLA +2.08%) and Rivian Automotive (RIVN +0.73%) hard.
» Read more about: Tesla vs. Rivian: Which Growth Stock Is a Better Buy? »
Read MoreThe Best 3 Renewable Energy Stocks to Buy and Hold for Decades
Key Points
-
Brookfield Renewable is a pure-play clean energy business that could be a one-stop shop for investors.
-
NextEra Energy is a fast-growing utility that is leaning hard into clean energy.
-
TotalEnergies is an integrated oil giant using carbon profits to push its business toward cleaner operations.
» Read more about: The Best 3 Renewable Energy Stocks to Buy and Hold for Decades »
Read MoreCrude's Sudden Rally Raises the Stakes for These 2 Energy Stocks
The geopolitical conflict in the Middle East has impacted energy markets in exactly the same way as previous such events: oil and natural gas prices are rising. There have been dramatic price swings, so there’s still significant uncertainty about energy prices. But it is very clear that higher energy prices are good news for pure-play energy producers like Devon Energy (NYSE: DVN) and Diamondback Energy (NASDAQ: FANG).
» Read more about: Crude's Sudden Rally Raises the Stakes for These 2 Energy Stocks »
Read MoreTesla’s Optimus Robot is Seriously Impressive. Is it Enough Reason to Buy the Stock?
Tesla (NASDAQ:TSLA | TSLA Price Prediction) shareholders are hanging in there after the latest 17% descent from recent highs, and a lot of it is likely due to the tremendous promise offered by the future of robotics and robotaxis. Undoubtedly, electric vehicle (EVs) sales arguably haven’t been the needle-mover on the shares for quite a while.
Read MoreThe Burst
Is Archer Aviation the Next Breakout Stock?
Palantir Technologies (NYSE: PLTR) has become one of the most talked-about names in artificial intelligence and not just because of its work with governments and Fortune 500s.
Investors have started to view a Palantir partnership as something of a credibility stamp. So when the company joined forces with a lesser-known player like Archer Aviation (NYSE: ACHR),
» Read more about: Is Archer Aviation the Next Breakout Stock? »
Read MoreThe Ivy
From Market Darling to Punchline and Back Again?
Every few years, investors rediscover Plug Power (NASDAQ: PLUG) and wonder if the long-suffering hydrogen pioneer is finally about to turn the corner. Today, it’s officially a penny stock, which means under $5 per share technically.
And that’s a painful reminder that, adjusted for reverse splits, Plug’s pre-dot com IPO price of $150 feels almost mythical compared to where the stock sits today.
» Read more about: From Market Darling to Punchline and Back Again? »
Read MoreThe Spotlight
The Pet Care Powerhouse Flying Under Wall Street’s Radar
With the S&P 500 having advanced by about 23.7% year-to-date, deals among large-cap companies appear few and far between.
One stock that may be attractive, however, is Idexx Laboratories (NASDAQ:IDXX). This company specializes in veterinary diagnostic devices as well as poultry and livestock testing, among other animal-care essentials. Idexx also makes water testing supplies to monitor and maintain water quality.
» Read more about: The Pet Care Powerhouse Flying Under Wall Street’s Radar »