The artificial-intelligence revolution is coming, whether you're ready or not. AI supporters believe that it has the potential to transform the world as we know it; Google CEO Sundar Pichai describes AI as "more profound than ... electricity or fire." Indeed, PricewaterhouseCoopers estimates that artificial intelligence could become a massive $70 billion market by 2020.
So which stocks are pushing the boundaries of technology and capitalizing on this booming industry?
Here we used TipRanks' big-data analytics to pinpoint five AI stocks with big support from the Street. These stocks aren't all necessarily creating AI technology - some are simply using it in a way that sets them far apart from their peers. But all these stocks do boast a "Strong Buy" analyst consensus based only on the last three months of ratings.
Let's take a closer look at how these stocks are using AI now, and what this means for their future fortunes:SEE ALSO: 10 Apple Products That Changed Everything (And 10 That Didn't)
Some states are better than others when it comes to how they rank as retirement destinations, based on critical financial factors. But where you ultimately choose to retire doesn't always come down to dollars and cents. Indeed, the top reason people move in retirement is to be closer to family, according to a survey by Merrill Lynch and Age Wave, a research firm focused on the aging population. Or, rather than move maybe you just want to stay put in retirement in a place that's comfortable and familiar.
Luckily, no matter which state you land on for retirement, there's a promising place to settle down. We pinpointed one great retirement destination in each state that offers attractive advantages for retirees, taking into account living costs, safety, median incomes and poverty rates for retirement-age residents, as well as residents' sense of well-being and the availability of recreational and health care facilities. Take a look at our 50 picks for the best places to retire to see which ones fit your dreams for retirement.See Also: Where to Retire 2018: All 50 States Ranked for Retirement
You may not appreciate it. You may not have even noticed it. But small-cap stocks have led the way since the market came out of the subprime slump in 2009.
That lead has widened considerably in just the past few weeks. While the Standard & Poor's 500-stock index of large-cap stocks is up just less than 3% year-to-date, the S&P 600 small-cap stock index is sitting on a 10% gain, and still going strong.
Concerns of a potential trade war have been pegged as the key catalyst; smaller outfits are presumed to be better-shielded from geopolitical turbulence because they depend less on overseas business. It doesn't hurt that small-cap stocks collectively beefed up their bottom lines during the first quarter, to the tune of 29%.
This year has injected a new factor into the mix, though - rising interest rates, which have been a blessing and a curse. On the one hand, some dividend-paying small caps haven't been able to keep up with rising yields. On the other hand, other companies are rising to the challenge of rising rates, improving their payouts in step with the same strong economic growth that's pumping up interest rates.
Here are 20 of the best small-cap dividend stocks to buy right now. While most smaller companies include a higher level of risk than most blue chips, these companies do stand ready to beef up their payouts as interest rates edge higher, and many of them already deliver substantial yields.SEE ALSO: 53 Best Dividend Stocks for...
Chinese stocks, while hardly the under-covered investment opportunity they were more than a decade ago, still have intriguing growth prospects. They still offer exposure to China's enormous market - according to PricewaterhouseCoopers, China could be the largest economy in the world with about 20% of world GDP by 2050. And they still can leverage the country's expanding middle class and booming Internet presence.
China has several companies that operate essentially parallel to big U.S. stocks, especially in the technology sector. However, many of these companies have evolved into massive hybrid beats, catering to their users in both the online and offline space.
Several of these stocks are trading on the cheap thanks to ongoing trade-war fears between the U.S. and China. However, Goldman Sachs (GS) CEO Lloyd Blankfein calls Trump's threat of slamming tariffs on another $200 billion of Chinese imports a negotiating tactic. "That's what you would do if it was a negotiating position, and you wanted to remind your counterparty just how much firepower you had to bring to the negotiation," he said.
With this in mind, we used TipRanks' unique market data to pinpoint five trending Chinese stocks with big Wall Street support.
The following is a look at these stocks, analysts' average price targets and an explanation as to why Wall Street is so bullish right now. Here's a look at these five "Strong Buy" stocks from the "Middle Kingdom."SEE ALSO: 25 Blue-Chip Stocks Mutual Fund Managers Love Most
Want to beat the market? Academic work for decades has pointed the way: Invest in value stocks -- stocks that are cheap relative to their earnings, cash flow or assets.
Since 1940, value stocks have beaten the broad stock market by an annualized 4.5 percentage points per year, according to The Leuthold Group, an investment research firm. But over the past 10 years, growth crushed value. The Russell 1000 Growth index topped the Russell 1000 Value index by an average of 3.5 percentage points annually.
What happened? Scott Opsal, a Leuthold analyst, cites earnings growth and price-to-earnings ratios. From July 31, 2008, through March 31, 2018, the growth index's P/E rose 53% while the value index's P/E expanded just 14%. Meanwhile, from the value index's peak in May 2007 through March 31, earnings per share rose just 16% compared to 46% for the growth index.
Drilling deeper, about one-quarter of value stocks are financials, which were slaughtered from 2007-09 and continued to lag for years afterwards. The second largest sector in value is energy, which tumbled over the past four years. Meanwhile, technology -- which has soared since the end of the last bear market -- makes up 35% of the growth index. "There are no FAANGs in value, just FAANG victims," says Russell Kinnel, director of fund manager research at Morningstar, referring to the FAANG stocks Facebook (FB), Amazon.com (AMZN), Apple (AAPL), Netflix (NFLX) and Google parent Alphabet (GOOGL).
Value stocks remain a sensible way to invest. And now that two of...
As more and more baby boomers start eyeing retirement, thoughts turn from worry over the workday commute to concerns about how to fund the golden years.
How prepared are you? How much money do you really need to retire? Do you know the ins and outs of your pension (if you're lucky enough to have one)? How about your 401(k), IRA and other retirement accounts that make up your nest egg? Do you have a good handle on when to claim Social Security benefits? These are some of the questions to contemplate as retirement approaches. But long before you punch out, make sure you are making the right choices.
We've compiled a list of the biggest retirement planning mistakes and how to avoid making them. Take a look to see if any sound familiar.SEE ALSO: Best States to Retire 2018: All 50 States Ranked for Retirement
A Costco membership opens doors, quite literally, to a vast selection of bulk-size groceries and household goods selling at discounted prices. But buying potato chips and toilet paper by the case is just the start. The warehouse club also stocks everything from tires and furniture to electronics and jewelry. With so many items to choose from, Trae Bodge, a consumer expert who specializes in smart shopping strategies, says it's critical to shop Costco with a list to avoid overspending.
List or no list, shoppers seem to like the savings and selection. Costco has 50 million paid members around the world, with an 87% renewal rate worldwide (90% in the U.S. and Canada). The chain ranks first in customer satisfaction among department and discount stores, according to the American Customer Satisfaction Index, edging out rivals Sam's Club and BJ's Wholesale.
Thinking of taking the Costco plunge? Here's what you should know before investing $60 in an annual membership.SEE ALSO: Kirkland Products You Should Always Buy at Costco