Smart home stocks are worthy companies for you to consider. I love investing in these companies because they are mostly undercovered brands in the financial media. While investors push up the valuations of marquee brands, these smart home stocks are quietly improving their fundamentals and business outlook for the future, and many can be bought…
Almost every investor has the same dream — to become a millionaire. For some, it’s a goal that must be met before they can comfortably retire. For others, it’s just about reaching a critical milestone along their investing journey. Regardless of why an investor wants to hit that goal, they all have the same idea:…
Cybersecurity spending has soared since the COVID-19 pandemic began. Organizations have been faced with new security challenges as cloud computing and remote work have become essential. As a result, many cybersecurity stocks were top performers in 2020 and 2021, boosted by strong demand for next-gen security software. A bear market in 2022 clobbered some of…
Source: shutterstock.com/sdecoret Investor interest in robotics stocks is soaring. The evolution of the industrial Internet of Things (IoT) sets the stage for remarkable growth in the sector. And robotics companies are stepping up as the power players of a new industrial revolution. The Robotics Business Review’s September 2023 report underscores this trend, with robotics funding…
Artificial intelligence (AI) stocks have been in red-hot form on the market in 2023, which is not surprising — the technology has the ability to transform multiple industries and significantly boost the global economy. Goldman Sachs estimates that generative AI could boost the global gross domestic product (GDP) by 7%, or $7 trillion, over the next…
Artificial intelligence (AI) has swept the market this year following the launch of ChatGPT late last year. Interest in AI is a big reason why the Nasdaq Composite has jumped this year, up 22% so far. However, tech stocks have pulled back more recently as interest in AI seems to have faded, and investors have realized…
Recent breakthroughs in artificial intelligence (AI) have worked Wall Street into a frenzy, and Wedbush Securities strategist Dan Ives is particularly bullish. He recently told clients: “We believe the stage is set for a ‘1995 moment’ as AI is the most transformational technology we have seen since the internet started to take shape.” That commentary…
The elevated interest in artificial intelligence (AI) this past year resulted in elevated stock prices for companies positioned to take advantage of this fast-growing and potentially lucrative technology. Did I say lucrative? AI is expected to contribute $15.7 trillion to the global economy by 2030, according to a forecast by PwC. One big beneficiary was…
