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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

While Elon Musk’s Tesla (NASDAQ: TSLA) still inspires optimism and excitement among investors and electric vehicle (EV) enthusiasts alike, it is undoubtedly that the recent woes affecting the entire industry have taken their toll.As of March 20, TSLA is one of the worst-performing stocks featured in the S&P 500 index – a significant feature given that its main competitor for the spot is Boeing (NYSE: BA), a company mired in airplane quality controversy and suspicious whistleblower deaths.Still, Tesla has re ...

The famous investor Michael Burry has been known for his knack for seeing what most can’t in the stock market ever since he pulled off “The Big Short” by predicting the 2008 financial crisis.More recently, he has become known for his more mixed performance and controversial decisions like the 2023 bet against the semiconductor industry – which was dropped in the fourth quarter of the year – and his investment in the Chinese technology and e-commerce giant, Alibaba (NASDAQ: BABA).This March, however, some of ...

Although most of the ‘magnificent seven’ had a great start to 2024, Tesla (NASDAQ: TSLA) is an exception. The overall downturn in the electric vehicle (EV) industry has prompted investors to question their decisions, and insider sales certainly haven’t bolstered confidence in the company.On March 12, Tesla’s Chair, Robyn Denholm, sold 93,705 TSLA shares at an average price of $175.4 per share, totaling $16,439,532. This transaction effectively reduced her stake in TSLA stock to just 15,000 shares remaining. ...