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…
Category archives: Stocks
2 Fintech Stocks to Buy for the Long Term
While fintech companies experienced immense pressure amid the market sell-off, the industry is poised to witness solid growth on the back of increased adoption of innovative technical solutions and rising…
Should You Buy Snap Stock on the Dip?
Snap (SNAP) shares have plummeted more than 78% year-to-date following the company’s disappointing second-quarter earnings results. However, given the company’s diverse product and service portfolio, would it be worth buying…
3 Stocks Trading Near 52-Week Highs Right Now
Amid a seesawing economy and a highly volatile market backdrop, fundamentally sound stocks Occidental Petroleum Corp. (OXY), Molina Healthcare (MOH), and Greif (GEF) are currently trading near their 52-week highs….
3 Stocks That Could Benefit From the Fed Raising Interest Rates
The multi-decade high inflation has forced the Federal Reserve to raise benchmark interest rates several times this year, and the central bank could consider hiking the interest rates further. While…
The 4 Best Nasdaq 100 Stocks to Buy
The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data. This,…
Is AMZN Stock a Buy Following Its Biggest Prime Day Ever?
This month, the e-commerce giant Amazon (AMZN) reported the biggest Prime Day in the company’s history, which is expected to boost its top line. However, given its bleak bottom line…
3 Stocks You Can Buy for Under $10
The stock market seems to be on track to close this month on a positive note as investors now believe that the Fed will end its aggressive interest rate hikes…
Bear Market Rally Part 2
The bear market rally has extended further with a strong showing, following the Fed meeting and even more gains in the after-hours sessions due to strong reports from Apple and…
2 EV Stocks You Might Want to Avoid Right Now
Although the electric vehicle (EV) market is expanding, it is still being held back by supply chain snags and the absence of EV charging stations. In addition, growing economic worries…