China’s economic landscape is getting more and more complicated for electric vehicle (EV) producers. Most recently, government officials confirmed that the nation will not be issuing an additional round of stimulus for the second half of 2024. As a result, many companies are struggling in the market today, including prominent Chinese EV stocks.Many Chinese automakers are still recovering from a highly volatile July and so far, August isn’t off to a good start. Indeed, the outlook appears questionable at bes ...

Core Viewpoint - In uncertain macroeconomic times, adding exposure to top dividend growth stocks is crucial for consistent returns as the broader market experiences corrections [1][2]. Group 1: Kaspi.kz (KSPI) - Kaspi.kz operates a leading fintech and e-commerce ecosystem in Kazakhstan, showing impressive growth across its Payments, Marketplace, and Fintech platforms [3][4]. - In Q2 2024, Kaspi.kz's revenue surged by 36% and net income increased by 25% year-over-year, driven by the rapid adoption of its Super App [4]. - The company's Marketplace GMV soared by 62%, with strong performance in e-commerce, e-grocery, and travel sectors [4]. - Analysts initiated coverage with a price target of $175, indicating a potential upside of 35% [4]. - The stock has climbed 33% over the past year, and it offers a dividend yield of 5.5% [5]. Group 2: Opera (OPRA) - Opera is a browser company that has seen impressive growth, particularly with its gamer-centric Opera GX browser [6][7]. - In Q1 2024, Opera reported revenue of $101.9 million, a 17% year-over-year increase, and raised its full-year outlook [6]. - Analysts have a consensus moderate buy rating with an average price target of $23.50, representing nearly 87% upside [7]. - The stock is considered undervalued with a forward price-earnings ratio under 14-times, and earnings per share are expected to double while revenue grows by 13% annually over the next four years [7]. - Opera offers a dividend yield of 6.6% [7]. Group 3: Turkcell (TKC) - Turkcell is a leading mobile and digital services provider in Turkey, with revenue growing by 11.8% year-over-year in Q1 2024, driven by strong ARPU growth and a larger subscriber base [8][9]. - The stock has soared by 67% over the past year, with revenue expected to surge by 40% this year to $4.6 billion and reach nearly $10.4 billion within three years [9][10]. - Despite concerns over Turkey's high inflation, the company has adapted well, and it provides a dividend yield of nearly 4% [10].

With Microsoft (NASDAQ:MSFT) nosediving following the release of its latest second-quarter earnings results, the Magnificent Seven could easily continue dragging their feet through the third quarter. Undoubtedly, the July tech correction may just drag into August, and perhaps even September, one of the least exciting months for stocks from a historical perspective. Either way, investors who wanted a shot to pick up the dominant mega-cap tech titans (like the Magnificent Seven stocks) will have a chance to d ...

Core Insights - The article discusses affordable stock options for beginner investors, emphasizing the importance of fractional stock trading which allows investments starting from as little as $1 [1][2]. Financial Growth - Companies should demonstrate year-over-year revenue and net income growth to ensure market outperformance, while those with stagnant or declining growth typically underperform [2]. Company Summaries Alphabet (GOOG, GOOGL) - Alphabet's stock is approximately $170 per share, with a year-to-date increase of 21% and a 170% rise over the past five years [3]. - In Q2 2024, revenue grew by 14% year-over-year, and net income increased by 28.6% to $23.6 billion [3]. - The stock has a price-earnings ratio of 24.5 and a yield of 0.47%, with a potential upside of 23% according to analysts [3]. Walmart (WMT) - Walmart's stock trades at about $70 following a 3-for-1 stock split, with a year-to-date gain of 31% and an 85% increase over the past five years [4][5]. - Revenue for Q1 fiscal 2025 rose by 6% year-over-year to $161.5 billion, and adjusted EPS increased by 22.4% [5]. - Walmart has a cash reserve of $9.4 billion after a $1.1 billion stock buyback, making it a stable investment during economic downturns [5]. American Express (AXP) - American Express trades just below $250, with an 18 P/E ratio, the lowest among the listed stocks [6]. - The company reported 8% year-over-year revenue growth in Q2 FY24, reaching $16.33 billion, and net income surged by 39% to $3.02 billion [6][7]. - The full-year EPS guidance was raised to a range of $13.30-$13.80, with expected revenue growth of 9% to 11% for fiscal 2024 [6].

Recent regulatory filings made by Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) revealed that the holding company reduced its stake in Bank of America (NYSE:BAC) for the first time since 2019. Even the most favored of Warren Buffett stocks aren’t immune from a little profit-taking. Over three separate days in July, Berkshire sold 33.9 million shares of BAC stock for proceeds of nearly $1.5 billion and an average selling price of $43.56. According to WhaleWisdom.com, Berkshire paid an average price of $25.68 f ...

That tech stocks have been the driving force behind the two-year bull market is no surprise. It was the Magnificent Seven stocks that represented most of the S&P 500’s 24% gains last year. Most of those companies are repeating their performance in 2024, if not quite to the same degree.However, after hitting a new record high two weeks ago, the benchmark index started to peel back from those gains. Mostly, it was the result of investors selling off some of the top tech stocks and rotating into small-cap name ...

If you had told Wall Street tech stalwarts back in 2020 that Intel (NYSE:INTC) stock would plummet as rapidly as it has over the last 12 months, it’s likely many of them would have laughed you off. Fast forward four years, and Intel is in the same position it was over two decades ago.Furthermore, the company recently announced sweeping layoffs as a form of cost-cutting in the face of its significant chipmaking losses. These factors are particularly discouraging considering the headstart Intel had as the pri ...

The recent brief tech stock dip ended as second-quarter earnings reaffirmed tech’s market leadership. Indeed, the AI, cloud, and fintech sectors have been driving the tech sector in the past two years, driving more growth for the market. This makes tech stocks appear to be attractive investments at this point in the cycle.Within the S&P 500 and Nasdaq indexes, tech stocks continue to be the superstars. That’s largely due to the scalability and high growth these companies provide.Stocks that dip shouldn’t be ...

Investing in dividend stocks for passive income has long been a desired strategy for income-focused investors. These companies often have decades of experience returning cash to shareholders by distributing a portion of their profits. They can hail from a wide range of sectors including financials, consumer discretionary, and information technology. When analyzing the stocks, investors should prioritize companies with stable cash flows, earnings and a relatively low payout ratio.Additionally, more advanced ...

Nio (NYSE:NIO) stock is falling lower after the Chinese electric vehicle (EV) company released its July delivery figures. Nio delivered 20,498 vehicles, up by 0.18% compared to 20,462 vehicles a year ago. Premium smart electric SUVs accounted for 11,964 of the deliveries while premium smart electric sedans tallied in at 8,534.Still, July marked the third consecutive month of 20,000-plus deliveries. In June, the company notched a record monthly high for deliveries at 21,209 vehicles.For 2024, Nio has now del ...