Stocks to buy

The artificial intelligence (AI) market is rapidly growing in North America and the world. The novel coronavirus pandemic has only exacerbated the need for AI leading to explosive growth rates. That makes AI stocks excellent prospects for any portfolio. With the industry projected to exceed $200 billion by 2026, you would want to gain exposure
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Investing in utilities stocks has, for generations, been thought of as an alternative to owning bonds. Thus, owning shares of NextEra Energy (NYSE:NEE) was considered a safety play as NEE stock has offered consistent returns with a decent dividend yield. Source: madamF / Shutterstock.com As times change, though, so must our investing strategies. In mid-November, it
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Pundits and analysts are starting to realize the great potential of vehicles powered by fuel cells and the huge profits that modern, connected vehicles can generate. Meanwhile, in recent weeks, the sentiment toward Nikola (NASDAQ:NKLA) on the Street appears markedly improved. Given all of these points, along with my upbeat view of Nikola’s technology and
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Stocks opened lower on Thursday, but the weakness was short-lived. By day’s end, buyers rallied the troops and jammed the S&P 500 Index higher by 0.39%. However, it was the Nasdaq Composite that delivered the largest gain at 0.87%. The rapid-fire comeback from what could have grown into a second consecutive losing session continues the
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Alteryx (NASDAQ:AYX) stock plunged in early November after the data analytics company reported solid third-quarter numbers but also delivered a dismal fourth-quarter guide which spooked investors. AYX stock tanked more than 20%. Source: rafapress / Shutterstock.com Sound familiar? It should — it’s exactly what happened last quarter. Alteryx stock plunged more than 25% in early
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In line with my previous prediction, the recent robust economic recovery boosted Wells Fargo’s (NYSE:WFC) third-quarter results nicely. Meanwhile, the valuation of WFC stock remains extremely attractive and worries about the bank’s previous scandals are tremendously overdone. Source: Ken Wolter / Shutterstock.com Wells Fargo’s earnings per share came in at 42 cents, up from a
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LM Ericsson (NASDAQ:ERIC), the Swedish telecom company, is poised for massive growth in the 5G market. But Ericsson stock still represents good value in the stock market, despite its huge growth prospects. Source: rafapress / Shutterstock.com For example, it trades for just 16 times forward 2021 earnings. In addition, it has an attractive 1.35% dividend
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