Canadian cannabis producer SNDL (SNDL) has made several acquisitions to support its growth. Although the company witnessed solid revenue growth in its last reported quarter, its bottom line was in the red. The company’s return to profitability remains uncertain. Moreover, given the regulatory challenges, I think this fundamentally weak stock is best avoided now. Read ..
Tag : Stocks
Rapid digitalization and government initiatives are boosting the US internet industry. Hence, fundamentally strong internet stock Expedia Group (EXPE) might be an ideal buy this week. However, as supply chain issues and cyberattacks continue challenging the industry, fundamentally weak ContextLogic (WISH) might be best avoided. Read more. The government’s plan to provide subsidized internet expansion ..
Despite the Fed’s continued interest rate hikes, job growth remains robust. As market uncertainties and risks obscure hopes and optimism, it could be wise to invest in fundamentally sound stocks, Salesforce (CRM), Progress Software (PRGS), Photronics (PLAB), and Forrester Research (FORR), for the long term. Continue reading…. As the Fed indicated higher-than-expected rate hikes this ..
Despite macroeconomic challenges, the tech industry is using digital advancements to support innovation and transformation across sectors, which is expected to boost its growth. Therefore, fundamentally strong tech stocks Salesforce (CRM), Juniper Networks (JNPR), and AudioCodes (AUDC) might be ideal additions to your watchlists. Read on. The tech industry is in a favorable position to ..
It’s been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the latest job openings summary from January. We had a surprise run on a bank in Silicon Valley push the entire financial indicator under the microscope. ..
Did you ever really buy the bullish argument touted by some to start the new year? Yes, it was an amusing fable that has now lost its luster as the bears are firmly back in charge as proven by the break below the 200 day moving average for the S&P 500 (SPY). What happens from ..
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. When you’re an entrepreneur, you don’t exactly have a ton of free time. You also may not have ..
The beverage industry is growing amid changing preferences and the growing spending power of consumers. Moreover, as consumers are becoming health conscious and are rapidly shifting to non-alcoholic beverages, fundamentally sound Coca-Cola (KO) and Primo Water (PRMW) might be ideal buys for the long term. These stocks pay reliable dividends. Keep reading. Changing preferences of ..
Blue-chip stock, The Coca-Cola Company (KO), presents a strong long-term investment case, given its strong fundamentals, reliable dividends, favorable analyst estimates, high profitability, and strong past growth. Therefore, it could be wise to buy this stock and never sell it. Read more…. The stock market is expected to go through further volatility in the upcoming ..
As the Fed is expected to raise interest rates higher than expected, the revived recession fears will keep the stock market under pressure in the upcoming months. Thus, it could be wise to scoop up shares of high-quality businesses, such as Johnson & Johnson (JNJ), Humana Inc. (HUM), and AutoZone, Inc. (AZO), which look poised ..
