The Biden administration is pushing hard to promote electric vehicles (EVs). From a $7.5 billion provision in the ‘Build Back Better’ bill to expand and increase charging station networks to political pressure on automakers to commit to increased production with the goal of converting 40% of car sales to EVs by the end of this decade, it’s clear that under Biden, the government has the will to enforce a major shift in the automotive industry. For investors, this type of political… Source link
Read More »This market is ‘even crazier’ than the dot-com bust — here are 3 contrarian stocks to help you sidestep the herd
Charlie Munger: This market is ‘even crazier’ than the dot-com bust — here are 3 contrarian stocks to help you sidestep the herd Berkshire Hathaway Vice Chairman Charlie Munger tends to be much more direct with his warnings and criticisms than his business partner, Warren Buffett. Munger didn’t mince words when he said earlier this month that he considers today’s stock market environment “even crazier than the dot-com era.” “I just can’t stand participating in these insane booms,”… Source link
Read More »Jim Cramer likes these 3 ‘junior’ growth stocks you’ve probably never considered — grab them before they become the next mega-cap stars
Jim Cramer likes these 3 ‘junior’ growth stocks you’ve probably never considered — grab them before they become the next mega-cap stars The market continues to have an insatiable appetite for growth stocks. For example, data from investment firm Wilshire shows that growth stocks have nearly doubled the performance of value stocks over the past five years. And while some growth-oriented high-fliers have pulled back recently amid omicron fears, CNBC’s Jim Cramer continues to dig the group… Source link
Read More »Barclays is betting these 3 dividend stocks will beat the S&P 500 — if you’re looking for income, snag yields as high as 10.3%
Barclays is betting these 3 dividend stocks will beat the S&P 500 — if you’re looking for income, snag yields as high as 10.3% In the current market frenzy, with rabid investors chasing after the hottest tickers, dividend stocks often get ignored. But a steadily growing stream of dividends will help anyone sleep better at night. And besides, with savings accounts paying next to nothing these days, who wouldn’t want a better way to earn passive income? Recent studies prove once again that… Source link
Read More »Yahoo Singapore’s top five most-searched stocks in 2021
SINGAPORE — As we approach the end of 2021, here are the top five most-searched stocks by Yahoo Singapore readers, and some of the major events that affected each company. 1. Singapore Airlines Limited (C6L.SI) (PHOTO: REUTERS/Caroline Chia) 2021 is a year of recovery for Singapore Airlines. The pressure on the national carrier appears to be easing as demand for air travel picked up as many countries are slowly reopening borders. With over 80 per cent of its population fully innoculated,… Source link
Read More »Stocks mostly higher as investors weigh Omicron risk; Bitcoin steadies
Stocks rose on Monday, with investors further weighing the potential impacts of the Omicron variant after last week’s volatile trading. Bitcoin prices edged marginally lower after a weekend sell-off. The S&P 500 and Dow each gained, while the Nasdaq was slightly lower. Small-cap stocks outperformed, and the Russell 2000 added about 1%. Some encouraging developments about the latest coronavirus variant helped boost risk assets. Dr. Anthony Fauci, director of the National Institute of Allergy… Source link
Read More »Wall Street’s 2022 outlook for stocks
A version of this post was originally published on TKer.co. Wall Street’s top stock market strategists are telling clients where they see the stock market heading in the year ahead. Some high-level themes I’m seeing in their reports: Stocks are likely to rise, but gains will be limited because valuations are high. Earnings growth should be strong, fueled by consumer spending and capital expenditures. Risks include supply chains issues persisting, labor shortages continuing, and monetary… Source link
Read More »Warren Buffett says these are the best stocks to own when inflation spikes — with high prices no longer ‘transitory,’ it might be time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with high prices no longer ‘transitory,’ it might be time to follow his lead After months of rising prices, the Fed’s claim that high inflation rates would be “transitory” is looking a bit transitory itself. “It’s probably a good time to retire that word and try to explain more clearly what we mean,” Fed Chairman Jerome Powell said Tuesday. “I think the risk of higher inflation has increased.” A… Source link
Read More »Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’
Jim Cramer: Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’ After last week’s omicron-triggered selloff, many stocks are trading well below their 52-week highs — particularly in the technology space. But doing the obvious and buying the dip on your favorite tech companies could mean missing out on “easier money,” Jim Cramer says. “I’d rather find companies that did well in earnings season and got trampled on unjustly in the last few weeks because they… Source link
Read More »26 cheap stocks to buy now that Omicron has hammered markets: Wells Fargo
It could be time to do some holiday shopping not at the malls but in the bruised stock market, opines Wells Fargo’s senior equity analyst Chris Harvey. “It might be a little early to buy the stock market, but perhaps a few “Black Friday discounts” are ready for the shopping cart,” said Harvey in a research note titled “Holiday Sale!” Wednesday. Harvey lists 26 stocks (see list below) as potential buys right now, headlined by American Express, Ralph Lauren, Expedia, Hyatt Hotels and… Source link
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