The Latest Breaking News from Street

Although the technology industry has been under pressure due to macroeconomic headwinds, the industry is poised to witness substantial growth amid innovation and robust demand in the foreseeable future. While we think tech stocks Jabil (JBL) and Encore Wire (WIRE) could be wise additions to your portfolio in 2023, fundamentally…

The biotech industry is rapidly growing amid rising private and government investments and technological advancements. Given the solid prospects of the industry, fundamentally strong biotech stocks Amgen (AMGN), Vertex (VRTX), United Therapeutics (UTHR), Jazz Pharmaceuticals (JAZZ), and Exelixis (EXEL) might be ideal long-term investments for steady returns. Keep reading.

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

Although a strong labor market and moderating inflation rates are improving investor sentiments, the Fed’s hawkish stance has raised concerns about a recession. Against this backdrop, investors might buy and hold quality stocks trading under $20, Stellantis N.V. (STLA) and LSI Industries (LYTS). Read on….

There could be a major financial crisis coming to the auto industry thanks to the way auto loans have been handled over the past few years.

December’s job report showing steady job growth despite slowing wage inflation and analysts expecting inflation to have cooled further in the last month of 2022 are fueling optimism. So, we think this could be the right time to invest in quality stocks VEON (VEON), Berry Corporation (BRY), Rimini Street (RMNI),…

The stock market is expected to see a recovery in 2023. While value stocks are expected to outperform growth stocks this year as well, quality stocks, Mazda Motor (MZDAY), Good Times Restaurants (GTIM), Venus Concept (VERO), and Data Storage (DTST), which are trading at discounts, could be ideal buys now.…

The emergence of advanced technologies has the potential to enhance capability and boost the industrial sector demand in the coming future. Moreover, government initiatives are likely to keep the industry afloat. Hence, fundamentally strong industrial stocks BHP Group (BHP), Southern Copper (SCCO), and Carrier Global (CARR) might be smart buys…

The stock market witnessed significant volatility due to macroeconomic headwinds last year. While the market could remain under pressure in the near term, strong momentum stocks TotalEnergies (TTE), North American Construction (NOA), and Overseas Shipholding (OSG) might be able to sustain their gains, given their solid fundamentals. Therefore, these stocks…

With the Fed hiking the benchmark interest to the highest in 15 years, the stock market plunged significantly last year. However, the market is expected to rebound in 2023. So, it could be worth betting on under-the-radar stocks Dr. Reddy’s Laboratories (RDY), Berry Global (BERY), Aaron’s Company (AAN), and Karat…

While the Fed’s aggressive rate hikes this year have led to inflation colling in recent months, it is far beyond the Fed’s target rate. Moreover, amid mounting layoffs and recessionary concerns in the economy, it could be wise to invest in fundamentally strong stocks Broadcom (AVGO), Fortinet (FTNT), and Advanced…