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A fire at a nickel smelter in Indonesia left one worker dead and injured six others, police said on Wednesday, the latest in a series of deadly incidents that have prompted concern over safety at the $2.7 billion facility.

Fool.com contributor Parkev Tatevsoain compares Tesla (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA) to determine which is the better artificial intelligence stock to buy for long-term investors.

Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share in the world's largest auto market, analysts say.

(The opinions expressed here are those of the author, a columnist for Reuters.)

Nearly halfway through 2023, a relatively unheralded ETF with under $1 billion in assets under management is the best-performing actively-managed diversified ETF this year. It’s the Fidelity Blue Chip Growth ETF ( BATS:FBCG) , and it’s up a scintillating 38.9% year to date. Here’s a look at why this ETF is on a tear, how it invests, and whether it could be a good addition to investors' portfolios.    Actively vs. Passively-Managed Funds Before delving into the specifics of FBCG itself, let’s briefly touch on what actively managed means and the difference between actively-managed and passively-managed funds. Nowadays, many of the market’s most-popular ETFs are passively managed, meaning that they simply track a specific index with the goal of replicating its performance before fees and expenses. Proponents say that index funds remove the room for human error.  Conversely, in an actively-managed fund, a portfolio manager or several managers actively make investment decisions in an effort to outperform a specific benchmark and generate superior returns. Actively-managed funds generally have higher turnover and more trading and are typically more expensive (in terms of fees) than passively-managed funds or index funds.  Nonetheless, index funds have grown in popularity in recent years, as research has consistently shown that most active managers fail to beat their benchmark over the long term.     What Does the FBCG ETF Do? Now that we've reviewed active versus passive, let's focus on actively-managed FBCG. With $632.6 million in assets under management (AUM), FBCG doesn’t get quite the same love from investors as some of the more popular large-cap growth ETFs out there. However, part of the reason for this is that it’s relatively new -- the ETF only launched in 2020. It normally invests at least 80% of its assets in blue-chip companies, which Fidelity Management & Research says are “well-known, well-established, and well-capitalized” companies. Fidelity says that the companies FBCG invests in typically have medium or large market caps, and they believe that they exhibit “above-average growth potential.” Now that we know FBCG’s strategy and what it looks for in investments, what does it look like in practice?  FBCG's Blue-Chip Portfolio FBCG holds 162 positions, and its top 10 holdings account for 55.4% of assets.   With a focus on blue-chip, medium- and large-cap growth stocks, it’s no surprise that FBCG’s top positions are dominated by large-cap tech stocks. Much has been made about the broader market’s gains in 2023, coming largely from the "magnificent seven" -- Apple ( NASDAQ:AAPL ), Microsoft ( NASDAQ:MSFT ), Nvidia ( NASDAQ:NVDA ), Amazon ( NASDAQ:AMZN ), Alphabet ( NASDAQ:GOOGL ), Meta Platforms ( NASDAQ:META ), and Tesla ( NASDAQ:TSLA ). These seven stocks are also FBCG’s top seven holdings, which explains why the ETF has had such a strong performance this year. Outside of the "magnificent seven," three more tech-oriented stocks, Marvell Technologies ( NASDAQ:MRVL ), Uber ( NYSE:UBER ), and Netflix ( NASDAQ:NFLX ), round out FBCG’s top holdings.  Take a look at the table below from TipRank’s holdings tool for an overview of FBCG’s top 10 holdings. While FBCG is tech-heavy, it isn’t limited to tech stocks. Just outside the top 10, you’ll find stocks like UnitedHealth Group ( NYSE:UNH ), Lowe’s ( NYSE:LOW ), Eli Lilly ( NYSE:LLY ), Nike ( NYSE:NKE ), and Mastercard ( NYSE:MA ). Energy drink company Celsius Holdings ( NASDAQ:CELH ), which is up 136% over the past year, is also among FBCG’s holdings, so the managers are finding some strong performers beyond the "usual suspects."   In terms of sector allocations, information technology is by far the largest sector that the fund invests in, with a 40.9% weighting (as of the end of Q1). After that, consumer discretionary accounts for a 22.9% weighting, and communications services accounts for a 13.9% weighting. All other sectors have a single-digit weighting.  Is FBCG Stock a Buy, According to Wall Street's Top Analysts? Turning to the opinions of Wall Street's best-performing analysts (measured by TipRanks), FBCG has a Moderate Buy consensus rating, as 70.1% of analyst ratings are Buys, 27.2% are Holds, and 2.7% are Sells. At $32.17, the average FBCG stock price target implies 9.8% upside potential.  Paying the Price for Active Management One downside to FBCG is that it has relatively high fees, with an expense ratio of 0.59%. This means that an investor putting $10,000 into FBCG will pay $59 in fees in year one. Over the course of a 10-year investment, assuming the expense ratio remains the same and that the fund gains 5% a year, this investor will pay $738 in fees.  In fairness to FBCG, this is an actively-managed fund, which is more expensive to run than a passive index fund, but this is still something investors need to keep in mind, as these fees add up over time.  Investor Takeaway With large-cap tech stocks having a huge year, FBCG is in the driver’s seat, and the fund has made hay while the sun is shining with a red-hot gain of nearly 40% year-to-date. The fund has a high-quality portfolio of blue-chip stocks and a solid outlook from analysts, so there’s a lot to like here.  On the other hand, the fairly new fund hasn’t yet established much of a long-term track record, so it remains to be seen how it performs over a longer time frame. Additionally, its high fees are something that investors need to consider when investing.  Alternatively, investors who want to invest in these same types of stocks have plenty of other options that have longer track records and lower fees, such as the Invesco QQQ Trust ETF ( NASDAQ:QQQ) or the Schwab U.S. Large Cap Growth ETF ( NYSEARCA:SCHG) .  The top 10 holdings of QQQ and SCHG have plenty of overlap with FBCG’s top 10, as all three funds hold the "magnificent seven" within their top 10 holdings, and both QQQ and SCHG are up nicely year-to-date, with total returns of 37.9% and 33.5%, respectively. QQQ’s expense ratio of 0.2% and SCHG’s expense ratio of 0.04% are considerably lower than that of FBCG. An investor in QQQ would pay $255 in fees over a 10-year time frame, while an investor in SCHG would pay just $51 (assuming 5% annual returns).  This isn’t to say that there's anything wrong with a more expensive, actively-managed ETF, especially one that is performing as well as FBCG. Investors interested in this style of portfolio should certainly kick the tires on it. This ETF looks like a decent choice for investors who are interested in something actively-managed or want to simply invest in blue-chip, large-cap growth stocks and are okay with the higher expense ratio and shorter track record. Disclosure  

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

Tesla's electric-vehicle charging technology is being put on a fast track to become a U.S. standard, the automotive industry group of engineers that reviews standards said on Tuesday.

U.S. stock indexes rebounded on Tuesday from a recent bout of losses as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

Tesla's electric-vehicle charging technology is being put on a fast track to become a U.S. standard, the automotive industry group of engineers that reviews standards said on Tuesday.

It has been a fantastic year to be a Tesla (NASDAQ: TSLA) shareholder. Even though shares are off 41% from their peak price, they're up 95% in 2023 (as of June 26). This performance crushes the 27% gain for the Nasdaq Composite Index. And it's a clear indication that investors ar

Tesla ( NASDAQ:TSLA ) stock rebounded strongly, gaining about 96% so far this year. However, the EV (electric vehicle) giant’s rally has led several  top Wall Street analysts to downgrade the stock to Hold. Nonetheless, its solid monthly auto sales, industry-leading margins,  incremental IRA credits, and the EV industry embracing Tesla’s charging port standard augurs well for long-term growth.  Top Wall Street Analysts Downgrade Tesla Stock As Tesla stock rose swiftly recently, top Wall Street analysts, including  Mark Delaney of Goldman Sachs,  Adam Jonas of Morgan Stanley, and  Dan Levy of Barclays, recently downgraded Tesla stock to Hold.  Before moving ahead, investors should note that TipRanks identifies the top Wall Street analysts per sector, per timeframe, and against different benchmarks. The ranking reflects an analyst’s ability to deliver high returns through recommendations. Following the ratings, TipRanks’ algorithms calculate the statistical significance of each rating, the analysts’ overall success rate, and the average return. While these analysts remain bullish about TSLA’s long-term prospects, the recent rally indicates that positives are reflected in Tesla stock, with its valuation offering a balanced risk-reward profile near the current levels.  In a note to investors dated June 25, Delaney said that Tesla is poised to grow in the long term due to its market leadership in the EV and clean energy space. However, the analyst believes that these positives are “now better reflected in the stock.” Meanwhile, Barclays analyst Dan Levy sees the growth in TSLA stock as “too sharp relative to challenging near-term fundamentals.” However, the analyst is optimistic about the company’s long-term prospects.  Is Tesla Still a Good Stock to Buy? The ramp-up in production and delivery, financial benefits from the growing NACS (North American Charging Standards) adoption (supercharging opportunity), recovery in margins, as well as the launch of the Cybertruck and a more affordable model bode well for growth. Further, progress with FSD (full self-driving) and AI (artificial intelligence) products could further boost its financials and stock price. However, near-term margin headwinds keep analysts cautiously optimistic about Tesla stock. From top analysts, TSLA stock has seven Buys, nine Holds, and one Sell recommendation assigned in the past three months for a Moderate Buy rating. Further, the average TSLA stock price target of $214.60 implies 12.4% downside potential from current levels. Disclosure

Last week, China-based electric vehicle (EV) maker NIO, Inc. NIO secured a $738.5 million investment from Abu Dhabi's CYVN Holdings. The company is eyeing entry in the United Arab Emirates (UAE) market and the investment sets the

U.S. stock indexes rose on Tuesday, as megacap stocks recovered and upbeat capital goods orders data allayed concerns about a slowing U.S. economy in the face of Federal Reserve's aggressive interest rate hikes.

AI is all the rage, and the tech industry is full of endless opportunities to create new products. As tech stocks are soaring with this rising popularity of AI, companies are increasingly devoting resources to the development of AI. Palantir ( NYSE:PLTR ), a big data analytics company, is working to become one of the top companies in the AI game. Palantir recently released its AI platform, AIP, which is creating a path for the company to emerge as a leader in the AI space. Palantir’s CEO, Alex Karp, recently made a statement regarding AIP and described how the company is adapting its existing products to enhance AIP. Karp mentioned that this platform will use its technology, which was previously used for military and industrial products, and adapt it for government and commercial users. PLTR has the resources to be a leader in the AI industry by utilizing existing technology in a new way.   New Partnerships Palantir has many plans to take the company to the next level. For one, it recently signed a contract with the United States Special Operations Command for $463 Million. Additionally, Palantir has formed a deal with Amazon ( AMZN ), which will make Foundry, one of Palantir’s key products, accessible on the AWS cloud for manufacturers.  Lastly, Palantir has formed a strong partnership with Panasonic ( PCRFY ) to provide data services and operations to improve manufacturing of their batteries. This relationship has the potential to create exposure to Tesla ( TSLA ), as Panasonic sells its batteries to Tesla. Overall, these various partnerships have the potential to drive long term business for Palantir due to its magnitude and ability to potentially develop other business relationships. Previously, PLTR focused on conducting business with military and government service. These new deals with Amazon and Panasonic will open the door for further business opportunities with other large corporate companies. Is PLTR a Buy? In the past six months, PLTR rose 132.33%, while other similar stocks have not shown returns like this. Nio ( NIO ) is down 16.5% in the past six months, Roblox ( RBLX ) is up 48.92%, and fuboTV ( FUBO ) is up 6.47%. Despite being down 2.24% in the past five days, Palantir is experiencing extremely high returns. In the past three months 12 analysts have rated this stock and overall top analysts are rating PLTR a Hold.   Conclusion Between varied analyst ratings and endless opportunities to grow with the rise of AI, data processing needs, and other technological developments, PLTR is a stock to watch. When looking at blogger sentiment for PLTR, blogger consensus is 74% bullish while the sector average is 65% bullish. Additionally, the stock has already received 100% overall positive sentiment on Reddit and a 60% increase in mentions on the platform in the past 24 hours. Moreover, PLTR is a stock to watch as media sources and top analysts are all sharing their opinions on this stock.

Shares of Tesla, Inc. TSLA dived 6.1% on the broader tech slump.Shares of Pfizer Inc. PFE fell 3.7% after announcing that it would not continue to develop its  experimental obesity and diabetes drug.Chevron Corporation’s CVX share

The S&P 500 and the Nasdaq were set to open higher on Tuesday, as megacap stocks recovered and upbeat capital goods orders data allayed concerns about a slowing U.S. economy in the face of Federal Reserve's aggressive interest rate hikes.

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

Futures tracking the S&P 500 and Nasdaq rose on Tuesday, ahead of economic data that could offer hints on the Federal Reserve's monetary tightening plans, while a profit warning from Walgreen Boots weighed on Dow futures.