3 overbought US sectors to watch in the months ahead

Everyone is curious to know how the stock market will react to the debt ceiling deal announcement that happened over the weekend. Republicans and Democrats have reached an agreement, but we are yet to see the stocks’ reaction because the Memorial Day holiday was on Monday. The debt ceiling uncertainty was a drag for US… Continue reading 3 overbought US sectors to watch in the months ahead

IDS share price: Here’s why I’d never buy Royal Mail stock

IDS share price has suffered a big reversal in the past few days as demand for the stock drops. Shares of Royal Mail’s parent company have retreated to 190p, much lower than the year-to-date high of 260p. It has plunged to the lowest level since November 7.  IDS faces significant challenges IDS is going through… Continue reading IDS share price: Here’s why I’d never buy Royal Mail stock

Rolls-Royce share price outlook as volatility, volume slips

Rolls-Royce (LON: RR) share price has been dead money in the past few days as investors react to the company’s turnaround and recent financial results. The stock was trading at 150p, where it has been since April. Still, it has jumped by over 131% from the lowest level in 2022.  Latest Rolls Royce news The… Continue reading Rolls-Royce share price outlook as volatility, volume slips

Rivian stock price forecast: Here’s why I’m buying Rivian shares

Rivian (NASDAQ: RIVN) stock price has drifted upwards in the past few weeks as the recent sell-off eases. Shares of the electric vehicle manufacturing company have risen to $15, higher than the year-to-date low of $11.8. Why I’m buying RIVN shares Rivian share price has been a huge disappointment to initial buyers since it has… Continue reading Rivian stock price forecast: Here’s why I’m buying Rivian shares

Samsung vs TSMC stock: Susquehanna analyst picks a side

Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) is a better pick for exposure to artificial intelligence versus Samsung Electronics Co Ltd (KRX: 005930), says a Susquehanna analyst. TSMC stock could climb to $126 Mehdi Hosseini recommends that investors buy TSMC shares as they have upside to $126 – more than a 20% upside from here.… Continue reading Samsung vs TSMC stock: Susquehanna analyst picks a side

Professor Jeremy Siegel on AI stocks: ‘it’s not a bubble yet’

Nasdaq 100 has rallied over 30% this year as artificial intelligence continues to attract investors into the big cap tech stocks. Professor Siegel’s view on AI stocks More importantly, the AI-driven rally is not over just yet, as per Jeremy Siegel – Professor of Finance at the Wharton School of the University of Pennsylvania. On… Continue reading Professor Jeremy Siegel on AI stocks: ‘it’s not a bubble yet’

Nasdaq statistics in 2023

The Nasdaq is the world’s largest electronic stock exchange and second-largest stock exchange globally in terms of market capitalization behind the New York Stock Exchange (NYSE).  It was founded in 1971 and is headquartered in New York City. The Nasdaq stock exchange lists over 3,500 companies, including many of the world’s leading technology companies. The… Continue reading Nasdaq statistics in 2023