This has been a rough year for tech stocks—but there could be reason to hope for long-term growth. Morningstar research also suggests that big tech companies could see a significant hit to third-quarter earnings as a strong dollar eats into profits from abroad. In August, Congress passed the Chips and Science Act of 2022, a law that will provide $52.7 billion for U.S. semiconductor companies to do research and development, manufacturing and workforce development.The bill also includes provisions to reinforce the supply chain for U.S. companies and spur technological innovation. Read More...
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These 2 Lithium Stocks Could Blast Higher by Over 40%, Says Analyst
Our modern world has a voracious appetite for metals, and smart investors can leverage that for profits. The list of metals is extensive, and ranges from lesser-known rare elements such as scandium, yttrium, and gadolinium to the vital component of every battery in every digital device, lithium. Lithium has been growing in value as laptops, ipads, and smartphones, with lithium-ion batteries, have proliferated, but in recent years the expansion of electric vehicles – and their far larger battery
