The Latest Breaking News from Street

The Fed’s determination to keep raising interest rates to bring inflation under control is increasing the odds of a recession. Although the stock market is expected to remain under pressure, Wall Street analysts expect a reasonable upside in McKesson Corporation (MCK), AmerisourceBergen Corporation (ABC), and TravelCenters of America (TA) in…

An ageing population and rising healthcare expenditure due to increased awareness among the masses are expected to boost demand for drugstore products. On the other hand, the stock market is experiencing heightened volatility amid the ongoing macroeconomic challenges. While we think investors should buy drugstore stock CVS Health (CVS), fundamentally…

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….

The Fed’s hawkish stance to control inflation has given rise to recessionary fears. With the possibility of the stock market sell-off deepening, we think fundamentally strong blue-chip stocks Microsoft (MSFT), UnitedHealth Group (UNH), and Dow Inc. (DOW) might be solid buys. Continue reading….

Rapid digital transformation across sectors is expected to drive the prospects of the software market. Software giant Adobe (ADBE) recently announced its plans to acquire Figma in an expensive deal. Amid this, we think fundamentally strong software stocks, Synopsys (SNPS), Rimini Street (RMNI), Progress Software (PRGS), and Mitek Systems (MITK),…

Raging inflation and the Fed’s commitment to bring it under control with rate hikes are raising recession worries. However, according to BofA, the market could see a rally later this year. Given the macro uncertainties, we think investors should add fundamentally solid stocks Microsoft (MSFT), Merck & Co. (MRK), and…

Stock market volatility is expected to persist as investors continue to worry about interest rate hikes, which are slowing the economy. However, as value stocks hold up well in inflationary situations, we think fundamentally sound stocks Rimini Street (RMNI), Overseas Shipholding (OSG), and DHI Group (DHX), which are trading at…

Real estate investment trusts (REITs) tend to hold up well during periods of above-average inflation. Moreover, considering their steady dividends, REITs might be ideal investments for stable income generation amid these uncertain times. Thus, we think high-yielding REITs, SmartCentres Real Estate (CWYUF), Getty Realty (GTY), BrightSpire Capital (BRSP), TPG RE…

Concerns over soaring inflation, the Fed’s aggressive interest rate hikes, the decline in GDP for two consecutive quarters, and a potential recession are expected to keep the stock market under pressure in the near term. Fundamentally sound and winning stocks Murphy USA (MUSA) and JAKKS Pacific (JAKK) could be good…

The tech industry’s growth is expected to be buoyed by the adoption of new technologies, a hybrid workforce, and government funding. Moreover, investors seem to be regaining confidence in the sector. Therefore, we think fundamentally sound tech stocks Information Services Group (III), Celestica (CLS), Computer Task Group (CTG), and Extreme…

Concerns over persistently high inflation, the Fed’s monetary policy tightening, the decline in GDP for two consecutive quarters, and the growing odds of a recession have kept the stock market under immense pressure over the past few months. So, fundamentally sound stocks ARC Document (ARC), Compañía Cervecerías (CCU), Hill International…