With President Biden’s proposal to invest $174 billion in electric vehicle (EV) development, the domestic EV industry could witness solid growth soon despite short-term hurdles such as a global semiconductor chip shortage. Supportive government policie…
Author archives: Samiksha Agarwal
4 Stocks Benefiting from Strong Consumer Spending
Massive fiscal stimulus spending and an improving job market on the back of a national COVID-19 vaccination program have been driving growth in consumer spending in the U.S. And since retail sales are by far the main driver of the U.S. economy—accounti…
2 Overvalued Retail Stocks Wall Street Hates
The retail industry has grown remarkably over the past year on the back of increasing demand for online shopping, and immersive experiences offered by digitally sophisticated retail stores. While most stocks in the sector are thriving, there are some s…
2 Electric Vehicle Stocks that Plunged More than 7% Last Week
The electric vehicle (EV) industry experienced tremendous growth last year. However, a global semiconductor chip shortage and overvaluation concerns have caused EV stocks to retreat this year. This, along with the rising competition in the EV space, ma…
2 E-Commerce Stocks to Buy in May, 2 to Avoid
The e-commerce industry, which saw accelerated growth amid the pandemic, should keep growing even in a post-pandemic world given the convenience it offers and the permanent shift to online platforms. However, not all players in this industry are well p…