The Latest Breaking News from GNE

As the Fed hinted at raising interest rates through 2023, investors are worried about a recession. However, the rate hike aggression is expected to slow down if inflation keeps cooling. Regardless of market conditions, buying and holding fundamentally sound stocks Johnson & Johnson (JNJ), Berry Corporation (BRY), Honda Motor Company…

Utilities stock Genie Energy (GNE) is successfully expanding its business portfolio. Moreover, its dividend yields more than 3%. The stock has gained almost 80% in 2022, and the momentum might sustain, considering its solid fundamentals. Therefore, investing in GNE could make you a lot richer in 2023. Keep reading….

With inflation seemingly cooling down, investors’ optimism about the course of the Fed’s action is rising. However, as uncertainties remain, fundamentally sound stocks Garrett Motion (GTX) and Genie Energy (GNE), which are rated Strong Buy in our proprietary rating system, might be solid buys. These stocks are trading at a…

The ongoing macroeconomic uncertainties and lingering recession concerns have necessitated adding a defensive layer to one’s portfolio. As the market volatility is not expected to lessen anytime soon, it could be wise to invest in fundamentally strong dividend stocks Flowers Foods, Inc. (FLO) and Genie Energy Ltd. (GNE), which are…

Recent data indicates the signs of slowing down inflation. Additionally, the Fed is leaning toward slowing its pace of rate hikes. Amid this, fundamentally strong stocks Johnson & Johnson (JNJ), CVS Health (CVS), Douglas Dynamics (PLOW), and Genie Energy (GNE) might be ideal additions to your portfolio this winter. Continue…

A possible recession caused by the Fed’s continued interest rate hikes is expected to weigh on investor sentiment and keep the market volatile in the upcoming months. Therefore, investors looking to limit risks and add stability to their portfolios could buy Sysco (SYY), Hillenbrand (HI), Ennis (EBF), Sisecam Resources (SIRE),…

As the central banks worldwide are determined to battle sky-high inflation with big rate hikes, top economists warn of a global recession on the way. While volatility is rife in the stock market, reliable dividend-paying stocks Pfizer (PFE), McKesson (MCK), Nutrien (NTR), and Genie Energy (GNE) might be ideal investments…

Widespread economic uncertainties due to the Fed’s persistent hawkishness have made utility stocks appealing due to inelastic demand for utilities and consistent dividend payouts of these companies. However, given its weak performance and bleak growth prospects, PG&E (PCG) does not look well-positioned to capitalize on the industry tailwinds. Hence, it…

Recessionary fears loom over the economic backdrop. However, bargains might still be found in the market. We believe fundamentally sound stocks Rimini Street (RMNI), Civeo Corporation (CVEO), Genie Energy (GNE), Comcast Corporation (CMCSA), and Kroger (KR) might be wise buys under $50 right now. Read on….

Concerns about a potential recession due to high inflation and the Fed’s interest rate hikes are expected to keep the stock market under pressure in the near term. However, it is wise to stay invested to garner long-term returns. We think investors could consider investing in fundamentally strong stocks, AmerisourceBergen…

The stock market has been under pressure amid the high inflation and the Fed’s hawkish tilt. However, the favorable August job report could help the Fed achieve a soft landing. Given this backdrop, we think investors should invest in fundamentally sound stocks The Kroger (KR), Hillenbrand (HI), and Genie Energy…