Summer has always been a great time to relax and enjoy your free time, but now that you’re retired, it’s as good a time as any to take on a new side hustle. Unlike most other people who don’t have the luxury of time to spare to make some extra cash any time of the…
The declining consumer confidence amid the rising recession odds as the Fed continues with the rate hikes is causing rampant volatility in the market. Given this backdrop, it could be wise to short, liquidate or avoid fundamentally weak stocks Netflix (NFLX), Etsy (ETSY), Align Technology (ALGN), PayPal (PYPL), and Bath & Body Works (BBWI) now….
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The biotech industry flourished during the height of the COVID-19 pandemic and reported record revenues and earnings last year. Despite the market slowdown, the sector is poised for another bull run, given the continued global fight against COVID-19 and the increasing demand with an aging population. Popular biotech stocks Pfizer (PFE), Bristol-Myers Squibb (BMY), and…
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Despite the pressure from high inflation and supply chain disruptions, growing demand and surging investments to ramp up production should help the semiconductor industry perform well. Therefore, fundamentally sound chip stocks NVIDIA (NVDA) and Lattice Semiconductor (LSCC) could be good additions to your portfolio at their current price levels. Let’s discuss…. shutterstock.com – StockNews High…
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Annuities, at their core, are simply tax-deferred investments sold by insurance companies to supplement financial security during retirement. At the same time, there are many different types of annuities that make annuities more complex. As a result, Americans may be scared of annuities when considering their financial goals. Two – Two With that said, one…
The growing concerns over a potential recession due to tighter monetary policy to tame the high inflation have kept the stock market under immense pressure lately. Given this volatile backdrop, we think it could be wise to buy and hold high-yield dividend stocks Suncor Energy Inc. (SU), MetLife, Inc. (MET), and Broadcom Inc. (AVGO) for…
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Big banks JPMorgan Chase (JPM), Morgan Stanley (MS), Wells Fargo & Company (WFC), and Citigroup Inc. (C) are scheduled to report their second-quarter results this week. Analysts expect their earnings to get a boost from the rising interest rates, but the overall results will likely remain lackluster compared to the year-ago quarter. Read on to…
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Determining bear market bottom is much easier in hindsight than doing it in real time. That’s because the stock market (SPY) offers up many impressive bounces that give the illusion of the worst being over … just before you drop to even lower lows. So price action is a tricky way to determine bottom. Which…
The blistering inflation and rising recession odds have led to low consumer sentiment. And the market volatility is expected to remain in the near term. So, we think fundamentally solid stocks Lamar Advertising (LAMR), EPR Properties (EPR), Merck & Co. (MRK), and Tenaris (TS), which analysts recently upgraded, could be ideal buys now. Moreover, these…
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These days, people seamlessly switch between their phones, their computers, and local stores when making purchases and returns. Just think about all the websites and apps that now offer in-store, pickup, and shipping options, letting customers know whether an item is in stock or not. In this omni-channel world, customers expect to see digital ads…
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