11936

Some Old-School Companies May Benefit from the Rise of the Metaverse

The rise of metaverse networks has the potential to reshape how people interact with each other in digital realms. While a number of companies large and small are investing heavily in the space, a number of existing companies could stand to profit from making a partial pivot into the space. That includes existing media companies, but also hardware companies supplying the key tech to building out the metaverse. One such player for this potential “Web 3.0” universe is a key builder of ...
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11924

Memory Chip Stocks Start to Surge – With More Upside Ahead

The semiconductor chip shortage has led to a number of companies both rise and fall over the past few months. Now, memory-related chips are starting to see a strong rally, even holding its own as other tech stocks have dipped in the past few days. The move higher may continue, as analysts are starting to upgrade these companies on their strong potential in the next few quarters as well. One potential winner in the space is Micron (MU). The memory chip maker ...
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11920

Internet of Things Projections Point to Secular Growth For this Key Firm

The Internet of Things (IoT) tech trend is one of many such tech trends investors point to as signs of a big opportunity in tech investments over the next decade. IoT looks particularly attractive as it means the interconnectedness of a number of technologies today, even if the trend as a whole may not sound as exciting as, say, electric vehicles or cryptocurrencies. Any company that can play to this trend can likely earn a profit over the next few years. But ...
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11915

Changing Regulations Favor Companies Changing First

The only constant in the world is change. Companies that have been around for decades or even over a century are ones that need to adapt to the times to survive and thrive. For some industries, this change can be quickly driven by technologies and competition. In others, regulatory changes can play a big role as well. Increased environmental regulations in the past few years ensure that even a stodgy industry like utilities have to change as well. Utility provider Dominion Energy ...
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11907

A Simple Way to Play This Alternative Asset Trend

For many alternative assets, there’s simply no way to make a liquid trade on an exchange. For those who care about fine art, the wine market, rare stamps or coins, there’s no easy fund to buy into. However, investors in the latest new asset class, cryptocurrencies, are finding an increasing number of options. It’s now been a year since major payment platforms have allowed users to park their cash in crypto names instead. A number of brokerage firms allow such trades ...
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11899

Renewed Consumer Spending Bodes Well for This Retail Leader

Consumer stocks have been in the spotlight due to strong earnings in the past few days. While many trends point to a strong holiday season, retailers that are known for providing low prices and deals could fare even better with inflationary fears and supply chain shortages still making headlines. One company that could break to new highs this holiday season is Kohl’s (KSS). The retailer chain reported on Thursday that both earnings and revenues beat expectations, and the company raised guidance ...
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11895

This Industry-Leading Payment Platform Looks Oversold

While the stock market is still near all-time highs, a number of companies haven’t gone along for the ride, with a peak earlier in the year, even as those companies have performed well operationally. Among the surprising “off the peak” stocks out there, payment company Visa (V) has joined the list, shedding nearly 5 percent on Wednesday and down nearly 20 percent from its 52-week high. Shares of the credit card payment company, one of the biggest players in a highly-profitable oligopoly, ...
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11888

Supply Chain Issues Aside… Consumers Are Back for the Holidays

The week has started off with some numbers showing that consumers are spending at an increased rate going into the holiday season. And the third-quarter earnings of retailers are showing solid numbers too. WalMart (WMT) has joined in by reporting higher estimates for the fourth quarter of the year with its most recent earnings report. While shares sold off despite a beat in earnings and revenues, they may yet trend higher. There will still likely be some concerns over the company’s overall ...
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