Thu, Mar 28, 2024 11:41 AM
Multibagger! Up over 1200%, penny stock Frontier Capital turned ₹10,000
A Flip by Riya Sharma
Industrial stocks have been on a tear over the past year, with the sector up nearly 20% even after a recent pullback. Buying companies like Eaton (NYSE: ETN) and Emerson Electric (NYSE: EMR) today would mean paying top dollar, or close to it, anyway.The valuations here make some sense because both have positioned themselves well for the future.
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If you want to invest in artificial intelligence (AI), there are plenty of companies to choose from. Household names like Microsoft or Nvidia come to mind.However, keep in mind that these companies are worth trillions of dollars today. There is a good chance that their best returns are in the rearview mirror. You'll need to venture into the unknown if you're hunting for life-changing investment.
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Hydrogen is Earth's most abundant chemical element and could be vital in decarbonizing the global economy. Some see hydrogen as the "new oil" and say it could be a key component in helping companies meet carbon reduction goals.Bloom Energy (NYSE: BE) is one company leading the charge. The hydrogen energy company has been working on manufacturing fuel cell and electrolyzer systems that could all.
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