Vandita Jadeja

Make your money grow with these three stocks that have the potential to double your money before the end of this decade.

The Artificial Intelligence boom began in the second half of 2022 and since then, we’ve had investors searching for AI stocks that can make big money. Companies are pouring billions into the business and as of 2024, AI has been a winner. Tech stocks have seen impressive returns and will continue moving in the same direction. While some companies

While we’ve been eagerly waiting for a rate cut, several sectors have been hit harder than others. Retail sales are very closely watched each month as they are a strong indicator of the economy. The retail sales in June saw a 2.3% year-over-year increase while they jumped only 1% year-over-year in July. The rising prices have led to a drop in consumer spending. Despite these numbers, several retail companies have reported impressive second-quarter results and are optimistic about the rest of the year.

It is never too early to start your investment journey. If you wait until you have enough money to start investing, you could end up waiting forever. With thousands of stocks to choose from, it is easy to begin with any amount of cash. The trick is to pick the right stocks and hold on to them for the long term. Any market volatility cools down in the long run and if you have picked the right stocks, you could take home solid gains.

The past few weeks have seen extreme volatility in the market and the earnings season is usually a highly volatile period. With several companies reporting earnings, it is natural for the market to see ups and downs.

A lot has been spoken about the “September Effect” when most investors see their portfolios plunge. There are several theories behind this and multiple reasons that have led to a historical underperformance. It is often considered a month of losses since traders start to readjust their portfolios and many firms tend to sell their holdings this month. This is also the time when investors start to consider their annual profit and loss which leads to buy and sell action.

When investing in the stock market, it makes sense to always look for businesses that have seen the ups and downs and thrived. Such companies understand market volatility and they are always ready with a strategy to bounce back. Some of the top American businesses have managed to rebound from the pandemic and inflationary pressures. These businesses have established themselves as pioneers in the industry and continue to navigate through the good and bad times.

Unless you have been living under the rock, you’d have heard of Nvidia’s (NASDAQ: NVDA ) success story. All investors want a bite of this big business and those who missed out are now trying to grab Nvidia’s share. In the stock market, investors are attracted to tech stocks due to the massive rally we saw earlier in the year. The allure of tech stocks goes beyond artificial intelligence and while they dominate the industry, there are several other stocks worth keeping on your radar.

Smart investors are aware that growing your money without working for it can happen through the right investment strategy. If you are like me, you will always be on the lookout for ways to generate passive income and the easiest way to do this is through dividend stocks. Well-established companies pay steady dividends to shareholders and you can reinvest this income into other stocks. With hundreds of dividend stocks out there, the trick is to pick those that have a steady dividend hike history and haven’t paused their dividends for years.

The EV industry is slowly gaining momentum and an interest rate cut could lead to an improved consumer spending and higher EV demand.