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Number 1 hated stock last year is now up 30% in 2024; Here's why
Finbold· 2024-03-22 09:45
In 2023, Disney (NYSE: DIS) faced extensive boycotts that significantly reduced its market capitalization and stock performance, with DIS stock hitting multiple lows in 2023, and erasing billions in market cap. However, as of the beginning of 2024, Walt Disney stock has rebounded strongly, with its shares surging nearly 30%, to trade at $116.7 since the previous closing on March 21. This situation highlights how rapidly market sentiment can shift and underscores the opportunities available to investors who ...
Impeccable timing? Senator sells all his Apple stock before lawsuit
Finbold· 2024-03-22 09:37
Two months before the United States Department of Justice (DOJ) opened a lawsuit against Apple (NASDAQ: AAPL) for monopolizing smartphone markets, US Senator Tommy Tuberville sold his entire Apple stock, which was worth around half a million dollars.Indeed, on January 19, Senator Tuberville sold all of his $500,000 stake in Apple, and the price of the AAPL stock has declined by 10% since he did so, according to the observations by the Nancy Pelosi Stock Tracker powered by the Autopilot app on March 21.Senat ...
Here's how much a $1,000 investment in Gold in 1999 is now worth
Finbold· 2024-03-21 14:30
Gold has remained in the public consciousness consistently in the last several thousand years and, though it lost its role as money in recent decades, it maintains an important place as the commodity of choice for investors wishing to safeguard their wealth against inflation and volatility of the stock market.Indeed, prominent investors such as the author of the best-selling personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, has for years been recommending gold as one of his top three investments – ...
Highly profitable Tesla stock strategy is very close to entry point
Finbold· 2024-03-21 12:53
Although 2024 hasn’t been particularly favorable for Tesla’s (NASDAQ: TSLA) stock and its investors, taking a broader perspective reveals a potential silver lining in the form of a strategy that has generated an impressive 1,313% return over the past five years.The strategy concerning TSLA involves initiating a long position upon observing a bullish MACD cross and exiting when a bearish MACD cross occurs. The MACD crossover happens when the MACD line intersects with the signal line, typically signaling a sh ...
Nvidia stock closes in on longest-ever winning streak
Finbold· 2024-03-21 12:34
Thanks to its dominant position in the semiconductor industry and role as the crucial hardware supplier for the artificial intelligence (AI) sector, Nvidia (NASDAQ: NVDA) has become one of the strongest stocks in the market in 2024.Indeed, NVDA shares entered an uptrend in the final quarter of 2022 and have continued rising – with some minor setbacks along the way – ever since. This year has proven especially strong for Nvidia stock as it has managed to maintain its rally for nearly eleven consecutive weeks ...
A dwarf among giants: This energy stock is up over 50% since 2024 started
Finbold· 2024-03-21 10:48
While traders are accustomed to observing top performers like Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) in 2024, there’s a surprising contender among these giants. Constellation Energy (NASDAQ: CEG) stock has emerged as the second-best performer among NASDAQ 100 stocks, boasting an impressive 52% growth since the beginning of 2024.As of March 20 close CEG stock is trading at $175.71, marking a 1.91% increase from the previous session, as well as adding 4.68% over the past five trading sessions ...
Missed the Boom in NVDA, SMCI, AMD? Here's the Next Big AI Chip stock
Finbold· 2024-03-21 09:39
In what seems like an artificial intelligence revolution, semiconductor stocks focused on AI, such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), have experienced significant value surges. Alongside them, other AI-related stocks like Super Micro Computer (NASDAQ: SMCI) have also reaped the benefits of this surge over the last year.SMCI, NVDA, and AMD stock 1-year gains. Source: Google FinanceFor investors who may have missed out on these gains, there could be a chance to capitalize on a ...
Can Intel stock hit $50 after securing $20 billion from U.S. government
Finbold· 2024-03-20 14:34
As artificial intelligence takes the forefront across industries, robotics emerges as a cost-effective and efficient solution for production. This has led to a remarkable increase in valuations for semiconductor companies, with Nvidia (NASDAQ: NVDA) and SuperMicro (NASDAQ: SMCI) serving as prime examples. However, among these, there’s a sleeping giant—Intel (NASDAQ: INTC)—which once dominated the industry and now may be on the verge of a resurgence.#NVIDIA’s market cap has massively outpaced Intel. An odd c ...
This Warren Buffett stock is now on a major winning streak
Finbold· 2024-03-20 13:36
Perhaps the best-known and most successful investor of all time – maybe barring Enrico Dandolo – Warren Buffett has proven more than capable of finding the winning stocks well into the 2020s.While his investment in the technology giant Apple (NASDAQ: AAPL) – which has come to account for half of his portfolio – has become known as his most successful stock market investment of recent years, there are multiple other companies whose shares recorded excellent growth over the year.The biggest star among the hol ...
From zero to hero: How this blue-chip stock grew 400% in a year
Finbold· 2024-03-20 13:01
Meta’s (NASDAQ: META) stock has surged by 400% since hitting its low of $88 in October 2022, despite initial skepticism surrounding cash burn and investments in the unproven Metaverse.Since January 2023, Meta stock has successfully reversed its fortunes, with momentum shifting from a negative relative strength momentum (RSM) that hit a low of -55 in October 2022, to a high of 59 in August 2023, before settling at its current valuation of 41. Throughout this process, it has crushed the broader index in perfo ...