The central bank might deliver another big rate hike next month to tame the persistently high inflation. However, the corporate earnings season has been gearing up investors’ sentiments. We believe fundamentally sound stocks Bristol-Myers Squibb (BMY), Energy Transfer (ET), and Kroger (KR), which have consistently reported strong financials this year, might be solid buys ahead ..
Tag : Stocks
With the stock market’s recent slump against the backdrop of aggressive rate hikes, there are some lucrative opportunities for investors to grab. We believe fundamentally strong stocks Valero Energy (VLO), Tripadvisor (TRIP), and Rambus (RMBS) are solid buys at their current price levels to benefit from their rebound. Read on…. shutterstock.com – StockNews The Fed’s ..
The combination of cheaper stock prices and more expensive option prices sets up ideally for a covered call trade in stocks like Apple. shutterstock.com – StockNews Stocks have fallen back to the lowest levels in the past year. Investors are torn as to whether this is once again the lows or if stocks may indeed ..
Bears have been in charge for 2 months and likely going to take a rest for a while. So even though we have seen some mighty bounces this week…and could see more in coming days…do not be fooled. We still have a long way to go til bottom is found. Why is that the case? ..
September inflation report came in hotter than expected, increasing the chances of aggressive interest rate hikes later this year. Since analysts expect the economy to tip into a recession next year, dividend-paying stocks Walmart (WMT), Coca-Cola (KO), and Greif (GEF), which are backed by solid fundamentals, could help you plan your retirement even in a ..
Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are better investments than NVDA. Keep reading…. ..
Demand for digital entertainment has increased substantially over the past two years. As cable remains the dominant method for internet connection, cable providers should benefit. Although cable provider stocks Comcast Corporation (CMCSA) and Charter Communications (CHTR) witnessed price declines amid the broader market sell-off this year, we think these stocks are still worth owning. Keep ..
Interest rates are nearing new highs which has pushed stocks to new lows. Now oil is looking higher as well. Time to take a technical take on the markets. shutterstock.com – StockNews So many markets are at critical areas on the charts. A quick walk through of each of these should help shed some insight ..
In last week’s commentary, we discussed the importance of the mid-June lows for the S&P 500 (SPY) and the possibility of an undercut and then a rebound. In many ways, this is exactly what markets do -> frustrate the maximum amount of bulls and bears. Certainly, the bears were ebullient about this breakdown with many ..
Bounces will pop up here and there as they did this past week…but don’t think for a second that this bear market is over because the Fed is not yet done with their mission to tamp down the flames of recession. When all is said and done we will have a recession and the S&P ..
