When it comes to finding attractive dividend stocks, investors often turn to Wall Street analysts for guidance. One such dividend pick recommended by analysts is consumer products giant Kimberly-Clark (KMB). With popular brands like Huggies and Kleenex under its belt, Kimberly-Clark is known as a dividend king, having raised its dividends for at least 50
Investing
AI investing models have been gaining significant attention in the financial world, with promises of accurate predictions and profitable outcomes. The iFi AI model, powered by IBM’s Watsonx, is one such example that has shown impressive results in projecting potential upsides for various stocks, including bitcoin miner Marathon Digital. Decoding the Algorithm The iFi AI
Investing in artificial intelligence (AI) has proven to be a winning strategy for T. Rowe Price’s Global Technology Fund (PRGTX), outperforming the market for the second consecutive year. Portfolio manager Dominic Rizzo attributed the fund’s success to a four-step investing framework that led them to early positions in AI stocks and semiconductor companies like Nvidia.
The signs of miner capitulation in the bitcoin market are becoming more apparent as the cryptocurrency struggles to maintain its position above the $70,000 mark. Recent data from CryptoQuant reveals that the flow of bitcoin leaving miners’ wallets for exchanges, typically indicating a selling event, hit a two-month high over the weekend. Moreover, miner selling
In a market where interest rate cuts from the Federal Reserve are highly anticipated, Sallie Mae has made a bold move by increasing rates on its one-year certificates of deposit. Last week, the company raised the annual percentage yield for its 12-month CD by 10 basis points, bringing it up to 5.15%. This puts Sallie
One of the companies facing potential trouble in the market is Northrop Grumman, an aerospace and defense stock that has experienced a 9% pullback in 2024. Despite recent positive news such as being awarded a $119 million U.S. Navy contract and increasing its quarterly dividend by more than 10%, Northrop Grumman is closing in on
As the Artificial Intelligence (AI) industry continues to expand and evolve, we are witnessing a shift towards cloud-based solutions. This transformation has led to a surge in demand for cybersecurity services as companies strive to protect their data and infrastructure from potential threats. The recent frenzy around AI has created a ripple effect, benefiting various
Evercore ISI has identified a group of stocks that are leading the charge in the artificial intelligence revolution. At the forefront of this movement is Nvidia, a chip giant that has seen its stock soar to a $3 trillion valuation on the back of AI-related excitement. Evercore senior managing director Julian Emanuel describes Nvidia as