The Latest Breaking News from Mangeet Kaur BounsMangeet

Despite a tough macro environment, Big-box retailer Costco (COST) continued to post healthy profits. Although the company’s business remained resilient, it is experiencing decelerating growth, and this trend is expected to continue with heightened inflation. While the stock is down more than 16% from its 52-week high, is it the…

Shares of Taiwan Semiconductor Manufacturing Company (TSM) have gained more than 10% over the past month after the Taiwanese government passed a new law that gives a major tax break to local chipmakers. Moreover, the company is poised for massive growth, driven by its portfolio of innovative process technologies and…

Leading retailer Walmart (WMT) delivered solid top-line growth in its last reported quarter and raised its full-year sales outlook. WMT’s diversified business model, competitive pricing, and growing online presence continue to position the company to witness sustained growth. Hence, it could be wise to invest in this top big-box retailer…

Steady moderation in inflation and the Fed’s downshift on tightening might help growth stocks to stage a recovery this year. Moreover, healthcare giant CVS Health (CVS) reported solid third-quarter results and raised its full-year guidance. With the potential of strong growth across its business segments, it could be wise to…

The Fed’s recent 25 bps rate hike in response to cooling inflation and Powell’s dovish comments improved investor sentiment. Amid growing optimism over the slowing interest rate hikes, we think fundamentally strong stocks Archer-Daniels-Midland (ADM), Biogen (BIIB), and MasterCraft (MCFT) are ideal additions to one’s portfolio. Read on….

Despite the cooling inflation, the Fed is not expected to cut rates in 2023 as it is committed to achieving its 2% inflation target. Continued rate hikes, albeit at a lower rate, could potentially push the economy into a recession this year. Amid lingering recession fears, it could be wise…

Despite demand softness and other macroeconomic headwinds, chip giant Taiwan Semiconductor Manufacturing Company reported steady top-to-bottom line growth in its last reported quarter. Furthermore, the company’s innovative process technologies and portfolio of design enablement solutions position it to achieve solid growth in the upcoming quarters. Hence, we think it could…

Leading cable and media company Comcast (CMCSA) reported solid revenue and EPS in the fourth quarter of fiscal 2022. Moreover, the company seems confident in its financial position and path forward. Its confidence is reflected in its recent announcement of raising its dividend by 7.4% annually. Given its robust financials…

With the expected continuation of monetary policy tightening, the economy is anticipated to witness a slowdown this year. Amid an uncertain economic backdrop, it could be wise to add fundamentally sound stocks HCA Healthcare (HCA), Yum! Brands (YUM) and DocuSign (DOCU) to your watchlist this week. These stocks have been…