Slowing home sales due to high mortgage rates has resulted in lower demand for home improvement or remodeling projects. However, with inflation appearing to have peaked, the home improvement industry should rebound soon. Therefore, it could be wise to invest in beaten-down home improvement stocks Arhaus (ARHS), Tile Shop (TTSH), Kingfisher (KGFHY), Haverty Furniture (HVT), ..
Tag : Stocks
Due to inelastic demand, the utilities sector is slated to generate stable returns amid rising prices, despite current market uncertainties. Thus, it could be wise to invest in high-quality, dividend-paying utilities stocks PPL (PPL) and Otter Tail (OTTR) to ensure a steady income stream. Read on for more. shutterstock.com – StockNews The U.S. utilities industry ..
Last week I was a “Doubting Thomas” when it came to the staying power of the recent S&P 500 (SPY) rally. It just looked like yet another in a long line of failed bounces in 2022 before the next leg lower. Gladly this recent bounce gave us the opportunity to take more profits off the ..
Major oil stocks like ExxonMobil are reaching extremes on a fundamental, technical, and comparative basis. Time to short crude in a non-crude way. shutterstock.com – StockNews The huge rally in ExxonMobil (XOM) and the other major oil players looks to be burning a little too hot lately. ExxonMobil (XOM) is the largest component in the ..
The S&P 500 (SPY) staged an impressive rally since hitting a low of 3,810 on May 20th. Unfortunately the more I look at the facts in hand…the more concerned I am that this is the formation of a bear market…the more defensive measures I am making in my newsletter services, Reitmeister Total Return and this ..
Surging inflation, interest rate hikes, and geopolitical uncertainties have recently put the stock market under pressure. So, it could be wise to bet on low-priced stocks that possess solid rebound prospects. Wall Street Analysts expect low-priced stocks PaySign, Inc. (PAYS), Sorrento Therapeutics, Inc. (SRNE), and National CineMedia, Inc. (NCMI) to more than double in the ..
The stock market has been under immense pressure since the beginning of the year due to several macroeconomic and geopolitical uncertainties. Amid the current turmoil, renowned investor Warren Buffett’s top portfolio holdings may be appealing investments owing to their strong growth potential and ability to endure market headwinds. Recently bought Warren Buffett stocks Celanese Corporation ..
Another impressive rally this week after flirting with bear market territory. The question on everyone’s mind…Is it safe yet??? Meaning are we done with this correction and getting back to bull market conditions. Or is this yet another temporary rally that gives way to the next leg lower? Exploring those important topics will be at ..
Investment management company T. Rowe Price Group (TROW) has been under pressure, with declining assets under management (AUM) amid rising inflation and the war in Ukraine. Its stock has slumped 35% in price this year. Also, considering the Fed’s tightening monetary policies, is TROW a buy now? Keep reading to learn what we think. shutterstock.com ..
Over the last couple of weeks, we’ve increased our allocation of stocks. Last week and earlier this week, I was uncertain whether this was the correct move. But, the last 2 days of market action are validating those moves as the S&P 500 (SPY) finally seems to be commencing its long, awaited bear market rally. ..
