The Stock Market Today - Top Stories For June 22, 2021
Best Penny Stocks to Watch Today? 7 For Your List
As we move toward July, penny stocks are heating up. While the past two to three months have not been ideal with low volume and mostly sideways trading, many investors are excited about the future. Traders are looking forward to the end of the pandemic and the positive effect that it may have on the stock market and penny stocks in particular. But, in the meantime, now could be a great opportunity to find penny stocks to buy for relatively cheap prices.
As always, doing your own research will put you at a greater chance of success than just blindly investing. And with so much going on in the market right now, information will continue to be your best friend. Additionally, having a trading strategy and sticking to it will help to avoid unwanted losses in your portfolio. So, considering that 2021 is unlike any year before it, here are seven penny stocks to watch right now.
What Are The Best Stocks To Invest In? 5 EV Stocks To Watch Now
Electric vehicle stocks may not be the hottest investment theme in the stock market right now. But the bullish thesis surrounding the industry remains intact. With companies like Tesla (NASDAQ: TSLA) making cars that can outperform many gas-powered vehicles in one way or another, things could be looking up for the broader EV segment. Not to forget that governments across the world are pushing for a cleaner and more sustainable future.
Before we get into details, let’s also take some time to appreciate that the great divide between traditional automakers and EV startups is narrowing. And that has created opportunities for investors looking for top electric vehicle stocks to buy. While a lot of the government’s focus will be on clean energy, the latest EVs on the road are seemingly capturing most of the attention. If anything, the EV sector is certainly an exciting avenue for investors looking to tap on some growth names.
If you believe that the majority of new vehicles sold will soon be electric, finding the best EV stocks to buy could benefit your portfolio. With all of this in mind, let’s take a look at some of the top EV stocks to watch in the stock market today.
Click To See Top EV Stocks To Watch Right Now
What will the Fed Say? Click Here & Read More
Here’s why the market may be wrong about the Federal Reserve and interest rates
- After last week’s sell-off, markets rallied strongly Monday despite fears that the Fed may tighten policy sooner than expected.
- The market’s sanguine view of Fed policy is a mistake, according to Bank of America credit strategist Hans Mikkelsen.
- “Expect the Fed to soon begin tapering its [quantitative easing] purchases, and to start hiking interest rates earlier than expected – and most importantly much faster than currently priced in markets,” he said in a note to clients.
Best 5G Stocks To Buy This Week? 4 Names In Focus Now
5G stocks may be a relatively new theme to the stock market but smart investors are already keeping tabs on the industry. While it may be true that 5G is rapidly expanding, it may not be mainstream until a few more years. With that in mind, could this imply that the growth potential is still abundant in this industry? So now begs the question, how is 5G better than 4G? It is just an upgrade across the board. 5G is significantly faster, more capacity, and significantly lower latency than 4G. Furthermore, it is a unified platform that supports new services such as mission-critical communications and the massive Internet of Things (IoT).
We can see telecommunications companies such as Verizon Communications Inc. (NYSE: VZ) making moves to ensure relevance in the 5G space. The company announced that its customers can trade in an old phone and get a new 5G phone for free with select plans. This goes to show how competitive the 5G market is and companies are going all out to stay ahead. Another 5G company that has been making waves recently is Nvidia (NASDAQ: NVDA). In brief, Nvidia has been advancing its AI-on-5G unified platform to accelerate the digital transformation of enterprises across all industries. Given how dependent we are on the internet, speed and reliability are everything. So, let us take a look at some of the top 5G stocks in the stock market today.
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