Rising Sales from This Crucial Company Suggest a Bigger Trend Higher from Here

While fears of fatigue in the AI space have grown in recent weeks, the start of earnings season is pushing that idea off, at least for now. That’s because AI-related companies are reporting strong earnings. Even better, companies are reporting strong sales. Since earnings can be cleverly adjusted by accountants, sales indicate raw cash flow before any potential accounting shenanigans. And with sales still soaring in the chip space, the sector isn’t quite ready to trend back down yet. Semiconductor manufacturer Taiwan ...
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AI Could Take this Company to Greater Heights

Somehow, the artificial intelligence trend is here to stay. Most tech trends often fizzle out somewhat quickly. But with many companies insisting that AI is the real deal, and investing accordingly, it’s clear we’re in the early stages of a long-term tech trend like the rollout of the internet, even if it will take some time. One sign that we could see a continuation is that some major laggards in the AI space are now poised to take the trend further ...
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This Summer Trend Could Make a Comeback

While the world is always changing, there are many cyclical trends that play out while that happens. Commodities move on a long cycle, but tend to have years of a bullish uptrends before years of pulling back. It’s common for stocks to rise at the start of the year, then pull back a bit over the summer. This summer, one market sector that hasn’t gotten much interest is starting to go back to its historical trend. That trend is the movie theater ...
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Strong Earnings and Defensive Power Point to Long-Term Gains for This Sector

Is the economy turning over? It’s possible. Friday’s jobs data suggests that the slowdown is underway. And it may slide into a recession if left unchecked. That suggests that investors may want to lighten up on winning tech stocks. It also suggests that better investment returns may come from more defensive stocks going forward. These are companies that can continue to grow their earnings steadily, even in a declining economy. The latest earnings report suggest that some defensive plays are better ...
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Invest With Companies That Can Win a Challenging Growth Trend

Most tech trends go through the same phases. First, there’s initial skepticism about whether or not a trend will play out. Once it does start to show some promise, rapid gains are made. But when rapid growth can’t be sustained, prices come back down. From there, companies that can continue to show real growth over time can lead to bigger profits. It may not be quick, but it can be rewarding. Right now, EVs are on the outs with investors. The rapid ...
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This Stock Is Ready to Keep Trending Higher

Stocks have started to trade sideways in recent weeks. That’s not a huge problem with markets at all-time highs. The longer stocks trade sideways, the more likely they’ll have a strong breakout when that trend ends. So far, signs point to a bullish breakout. The economy remains strong, if slowing. Inflation is coming down, and investors are looking forward to a decline in interest rates. That’s a good combination for consumers and companies alike. That’s why investors may want to buy the ...
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This Sector Is Poised to Build on Its First Half Gains

Different market sectors move at different times. But when a sector does take off, it will often need to pause for a while before moving higher. This consolidation trend is normal, and in some sectors can last for years, in others, for weeks. The cryptocurrency market has been consolidating for a few months now following bitcoin’s halving in April. That may have shaken out momentum traders hoping for a quick ride to new all-time highs. Today, it’s creating an opportunity across the ...
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This Isn’t a New Meme Stock Trade, But It Could Still Perform Well

While the markets test new all-time highs and pull back, several companies have seen bigger jumps over the past few months. That includes a resurgence in meme stocks, some of which have seen triple-digit gains at times. Some stocks have also jumped on meme-like news. With markets still in a bullish mood, it’s best to separate the strong performers from the hopefuls at current prices. This week, trader Keith Gill of GameStop (GME) fame, disclosed a 6.6% stake in pet supply retailer ...
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