If you indeed think it is, one industry you might consider is energy stocks. The energy sector soared more than 50% last year, as oil prices jumped in reaction to Russia's invasion of Ukraine. Energy stocks as a whole were 12% overvalued compared with Morningstar analysts' fair-value estimates coming into 2023.
"We delivered on our financial priorities: returning cash to shareholders, investing capital efficiently, and paying down debt," said CEO Mike Wirth.
Energy inflation remains a serious concern. Protect your portfolio.
Lucid (LCID) shares soared as much as 88% on Friday and were repeatedly halted for volatility following speculation that Saudi Arabia's Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup.
In today’s digital world, there will always be a need for cybersecurity. Too many of our essential systems, everything from the upper levels of government and finance to the automation systems that run the traffic lights, depend on online connections for us to ignore the basics of securing our computer networks. Recent events, including the ongoing questions about election integrity, deep macroeconomic volatility, and the Russian war in Ukraine, have simply underscored the importance of cybersec
Nio (NYSE: NIO), a stock that rode the electric vehicle (EV) hype in 2021, turned out to be among the biggest losers in 2022 -- it plunged 69% last year. At current prices, Nio could be a rare opportunity to buy a growth stock in a fast-growing industry. Here are the three biggest reasons why Nio stock is a solid buy right now for 2023.
Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally. Tesla rival BYD is an aggressive buy.
Energy Transfer (NYSE: ET) is giving its investors another raise. The master limited partnership (MLP) recently declared its latest distribution, a 15% increase from the prior payment level. Energy Transfer's new payment level is $0.305 per unit each quarter ($1.22 a year).
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
It was a busy week for dividend announcements, with the fourth-quarter earnings season in full swing.
Two-year U.S. Treasury notes were yielding 4.22% early Friday, while 10-year Treasury notes were yielding 3.56%. A lower long-term interest rate means investors expect to profit when a slowing economy causes the Federal Reserve to change its policy and push interest rates down. Bond prices move in the opposite direction and long-term prices are more sensitive.
A peak-to-trough decline of 38% for the Nasdaq Composite is an ideal time for opportunistic investors to pounce.
AT&T (NYSE: T) reported earnings this week, and while there was steady growth, a high dividend yield, and strong cash flow, the company continues to pay the price for previous investments. Travis Hoium, Jason Hall, and Jon Quast discuss the company's operations and why they're hesitant to buy the stock.
Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.
One of the hot rumors swirling around the stock market on Friday concerned a top U.S. electric vehicle (EV) stock, so many titles in the sector saw big lifts on the day. Nio (NYSE: NIO) and fellow Chinese next-generation car maker Xpeng (NYSE: XPEV) both closed more than 4% higher against the S&P 500 index's 0.3% bump. Shares of American EV company Rivian (NASDAQ: RIVN), meanwhile, booked an over 8% gain.
Upstart (NASDAQ: UPST) suffered a 97% decline from its peak in mid-2021 to the end of 2022. Rising interest rates hammered the loan market as consumers became increasingly reluctant to apply for personal and auto loans. The question for investors is whether that January recovery means Upstart is finally ready to surge higher again.
Plug Power (NASDAQ: PLUG) disappointed investors with its latest business update, and its shares were punished yesterday. As of 3:45 p.m. ET Friday, shares of the hydrogen production and fuel cell company were higher by 3.4%. Responses to the update shared by Barron's today included Evercore ISI analyst James West writing that it was "full steam ahead in 2023" for Plug Power.
It's tough to beat the "Dividend Aristocrats" for bankable dividend stocks. And investors now have three more in the S&P 500 to choose from.
Breaking down Meta Platforms, Inc. (META) and Amazon (AMZN) ahead of their upcoming earnings results to see if investors might want to finally buy these beaten-down, but recently resurgent tech stocks...
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