More and more it looks like recession is here. This includes a dramatic decline for ISM Manufacturing discovered this morning. As you likely know, most economist call manufacturing the “canary in the coal mine” for the US economy as it often shows weakness before other areas. In fact, GDP Now from the Atlanta Fed reads ..
Tag : Stocks
Soaring Inflation and supply chain disruptions have significantly dampened the retail sector’s growth this year. Amid slowing consumer demand, we think investors should invest in Walmart (WMT) since it possesses enough fundamental strength to withstand an economic downturn. On the contrary, Honest Company (HNST) should be avoided now, given its bleak growth prospects. Read on ..
In the face of rising inflationary pressures, aggressive interest rate hikes, and increasing recession fears, the major stock market indices have witnessed major sell-offs over the past couple of months. Given the current market volatility, we think fundamentally sound dividend stocks ARC Document Solutions (ARC), Nippon Steel (NPSCY), and A.P. Møller – Mærsk (AMKBY), which ..
Despite inflationary pressures, steel demand is expected to remain positive this year and the next. With favorable prospects across market segments, steel industry players Reliance Steel & Aluminum (RS) and Olympic Steel (ZEUS) might benefit. However, which stock is a better buy? Read on to find out. shutterstock.com – StockNews Reliance Steel & Aluminum Co. ..
The market has witnessed several stocks-splits this year. Analysts see upside in Fortinet (FTNT), Alphabet (GOOGL), and Nintendo (NTDOY), which have either undergone a stock split or will do so in the near term. The availability of these stocks at affordable prices after their splits could be an excellent opportunity to invest in them. Continue ..
With analysts forecasting a recession later this year, investors should consider investing in dividend-paying stocks to generate a solid passive income. Canadian Natural Resources (CNQ) is a high-rated dividend leader, trading much below its 52-week high. Given its robust financials and higher-than-industry profitability, it could be ideal to buy the dip in the stock. Read ..
With the economy slowing and oil prices down by about 20% over the last couple of weeks, odds are increasing that inflation could be turning lower. This could be a catalyst for high-quality tech stocks such as Microsoft (MSFT), Veeva (VEEV), and Expedia (EXPE). shutterstock.com – StockNews Over the past month, there has been a ..
Using The Power Of The POWR Stock Screener along with technical and volatility analysis to find a low risk trade with edge in ArcellorMittal (MT). shutterstock.com – StockNews One of my favorite tools in the POWR Stocks toolbox is the Stock Screener. It does much of the heavy lifting that is crucial in my daily ..
The S&P 500 (SPY) has bounced with gusto this week. Maybe the bear market is not here to stay? Ha! Don’t make me laugh. This is just one in a long line of “suckers rallies” before the next leg lower. The reasons why are spelled out below in this week’s market commentary. shutterstock.com – StockNews ..
The real estate market is expected to see significant growth in the near term with technological advancements and organizations revamping their operations from offices. Given this scenario, we think beaten-down real estate stocks Jones Lang LaSalle (JLL), Comstock Holding Companies (CHCI), and Forestar Group (FOR), which currently look cheap, could be ideal buys now. Read ..
