Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices…
Category archives: Stocks
Sell These 3 Meme Stocks While You Still Can
Meme stocks gained popularity last year, with several fundamentally weak stocks rising to unsustainable prices based on retail investors’ bets against short-selling hedge funds. Prominent meme stocks GameStop (GME), BlackBerry…
3 Cheap Growth Stocks with Strong Momentum
Fed Chair’s signal to continue hiking interest rates has raised recession fears and led to a market sell-off. Amid the uncertain market and economic conditions, it could be wise to…
1 ETF and 3 Stocks With Dividend Yields Over 6% Right Now
The Fed’s aggressive treatment of the inflationary situation is expected to create more volatility in the market. Given the uncertain macro backdrop, we believe high-yielding ETF iShares MSCI Brazil (EWZ)…
Is Snowflake Stock a Buy on Blockbuster Q2 Results?
Snowflake (SNOW) registered solid top-line growth in its last reported quarter, which propelled the stock. However, its bottom line is still in the red. Also, considering its weak profit margins,…
Who Wins the Tug-of-War Going on in the Stock Market?
Did you know that the tug of war was actually an Olympic sport from 1900 to 1920. Now, I’m generally a person who embraces the new and doesn’t reflexively believe…
5 Stocks You Need to Sell Before Q4
Market volatility is widespread ahead of the Fed’s September rate hike. Moreover, experts are wary of the near-term market uncertainties. Given this volatile backdrop, it could be wise to avoid…
Is GameStop Stock a Buy Following Its NFT Debut?
Specialty Retailer GameStop (GME) debuted its NFT marketplace last month. However, with its bleak bottom-line positioning, would it be wise to invest in this popular meme stock now? Read on…
This ETF Is a “Buy” as Energy Sector Surges
OPEC recently announced its supply cut plans, boosting the energy sector. As energy prices could soar again, the ETF Energy Select Sector SPDR Fund (XLE), which is rated Buy in…
Try These 3 Stocks Ideas for a Golden Retirement
The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance…