Workflow
Finbold
icon
Search documents
Nasdaq 100 stocks with over 100% gains in 2023
Finbold· 2024-01-02 05:12
For US equities, 2023 emerged as a stellar year, with tech stocks leading the charge. The technology-focused Nasdaq-100 witnessed an outstanding 53.7% gain, marking its most impressive annual performance since 1999. The driving force behind this stellar rally was the flourishing artificial intelligence (AI) sector, with Big Tech companies leading the charge. In addition, easing macroeconomic conditions and investor optimism over the expected dovish pivot by the Federal Reserve also boosted the broader marke ...
3 stocks to buy for a hedge against inflation in 2024
Finbold· 2024-01-01 09:50
In recent years, inflation has become a prominent topic in economic discussions, particularly with a noticeable rate increase following the pandemic. Despite a recent cooling off of inflation in the past months, investors remain concerned about the potential lasting impacts of elevated prices. These prevailing worries have prompted investors to actively seek out strategies and assets capable of providing a shield against high inflation, offering a sense of security.Given these apprehensions, specific stocks ...
ChatGPT picks 5 undervalued stocks to watch at the start of 2024
Finbold· 2024-01-01 08:15
As the curtain closed on 2023 with most stocks rallying, fueled by the anticipation of a potential Federal Reserve interest rate cut, investors are eagerly eyeing the opportunities that 2024 might bring. Notably, the past year witnessed an improved performance across various stocks, with many rebounding from losses incurred in 2022.To uncover hidden gems in the market, Finbold turned to OpenAI’s generative artificial intelligence (AI) tool, ChatGPT, to identify a select few stocks that are undervalued despi ...
Revealed: Elon Musk's investment portfolio in 2023
Finbold· 2024-01-01 03:13
Elon Musk emerges as one of the most accomplished entrepreneurs, with a substantial net worth of around $251.3 billion as of December 31, 2023. Naturally, investors are intrigued by Musk’s investment strategies.Musk’s approach to investments seems clear-cut, especially considering his public disclosures. His investment portfolio consists of companies under his direct influence or ownership and ventures in areas like cryptocurrencies.Remarkably, Musk chooses not to uphold an extensive collection of publicly ...
The final bell: This is how the stock market has ended 2023
Finbold· 2023-12-30 11:16
As 2023 rings its final bell, the stock market has shown notable resilience and recovery from 2022’s bear market. The spotlight goes to leading stock indexes and the mega-cap tech champions dubbed the “Magnificent 7.”Notably, investors have encountered a bumpy journey. Most gains arrived early in the year, followed by a retracement in Q3 and an uptrend continuation in the past two months.Essentially, the US economy showcased perseverance despite the unfavorable odds and fears of a major recession. Corporate ...
S&P 500 biggest ETF set to surpass $500 billion in assets for first time-ever
Finbold· 2023-12-29 08:44
It has undeniably been a stellar year for the US stock market, fueled by an explosive surge in the artificial intelligence (AI) sector. Tech stocks, in particular, have experienced a remarkable boom, propelling the broader S&P 500 index to a year-to-date surge of over 25%, inching tantalizingly close to its all-time high of 4,796.56 reached on January 3, 2022.The double and triple-digit returns in major tech giants have also propelled SPY, the largest S&P 500 exchange-traded fund (ETF), to the cusp of a his ...
3 dividend stocks that could double in 2024
Finbold· 2023-12-29 07:49
Throughout history, dividend stocks have stood out as enduring favorites for investors, offering stable returns and a reliable income stream. These publicly traded companies not only present opportunities for capital appreciation but also share a portion of their profits directly with shareholders through regular dividends. While some investors prioritize growth-focused strategies, others appreciate the stability and long-term potential for gradual increases that dividends provide. Recognizing these benefit ...
Can Tesla stock hit $400 in 2024?
Finbold· 2023-12-29 05:28
Despite facing challenges in the latter part of the year, 2023 has proven to be a remarkably positive year for Tesla (NASDAQ: TSLA). Boasting a year-to-date surge of over 134%, Tesla stands as a key player among the seven tech juggernauts driving the remarkable recovery of the S&P 500. While concerns over depressed margins and perceived overvaluation led some to reconsider their stance, a major Wall Street player remains bullish on Tesla with a robust 12-month price target of $380 for the carmaker’s stock.M ...
$1,000 invested in Nvidia stock at start of 2023 returned
Finbold· 2023-12-29 04:43
With the year 2023 at its end, it has been particularly generous to the stocks of Nvidia (NASDAQ: NVDA), the price of which has recorded continuous and impressive growth to its all-time high (ATH) and investors are wondering if they should have bought into the computing manufacturer 12 months ago.As it happens, they should have, as it would have brought them substantial profits. Specifically, Nvidia stock opened the year with a price of $143.15 and has increased its value by 245.94% since, under the influen ...
Revealed: Warren Buffett's stock portfolio performance in 2023
Finbold· 2023-12-28 09:53
With 2023 about to conclude and the new year just around the corner, it is time to take a closer look at the most prominent figures in the stock market and how the stocks in the portfolio of one of the world’s foremost stock investors, Warren Buffett, fared in 2023.Specifically, Buffett owns 45 stocks of public companies through his holding company Berkshire Hathaway (NYSE: BRK.A), and Finbold has analyzed the performance of the five top stocks by market value in his portfolio over the course of the year th ...