EV stocks have not made the best investments in 2024. American EV maker Tesla (NASDAQ:TSLA), a notable pioneer of the space, has seen its share price plummet more than 28% on a YTD basis despite a strong comeback in 2023. High interest rates and waning consumer demand for new automotives loom over the depressed outlook for the broader EV market. With doubts that interest rates cuts will even happen this year, EV stocks are probably headed for further losses. However, there could be a silver lini
We’re getting closer to flying cars, creating a big opportunity for flying car stocks. House lawmakers now want the U.S. Air Force to make its electric flying car a reality. In fact, “A House subcommittee’s section of the proposed 2025 National Defense Authorization Act directs the Air Force and the Pentagon to set up a working group made up of top-ranking defense officials to spur applications of a program called Agility Prime,” says Stripes.com. Two, Archer Aviation (NYSE:ACHR) just received i
In simple words, beta denotes the volatility of a stock in comparison to the index. If the stock has a beta of 1, it would move in sync with the index. However, the higher the beta, the greater the volatility. For aggressive investors, it makes sense to have a portfolio of high-beta growth stocks that can outperform the index. In general, blue-chip stocks have a low beta and growth stocks have a high beta. Therefore, if the index moves by 10%, a growth stock with a beta of 1.5 will move by 15%.