The Fed’s hawkish monetary policy approach has significantly impacted investors’ confidence this year. Moreover, with the Fed indicating more rate hikes in the coming months, the stock market is expected to remain under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks Snap Inc. (SNAP), Norwegian Cruise…
The stock market has been experiencing wild swings this year, with inflation at a multi-decade high and the Fed aggressively raising interest rates to bring it under control. Amid rising recession worries, we think fundamentally weak stocks, Advanced Micro Devices (AMD), Block (SQ), Ginkgo Bioworks (DNA), Rocket Lab USA (RKLB), and Cassava Sciences (SAVA) are…
ConAgra Brands (NYSE: CAG) has been a value pick for income investors for some time now and never has that been more true. The company is proving why the consumer staples are where risk-averse investors want to be by outperforming on the top and bottom lines and providing favorable guidance. The best news coming out…
Leading oil & gas company Marathon Petroleum (MPC) reported solid second-quarter financials. Moreover, analysts seem bullish about the company’s growth prospects, considering its strategic business advancements and sustained energy demand. And given MPC’s high profitability and high-yield dividend, this energy stock that hedge funds keep buying could be worth your attention. Read on to know…
Opinions expressed by Entrepreneur contributors are their own. It’s no secret that the ad market is booming. Global ad spending is forecasted to increase by $58 billion in 2022, rising to $781 billion from $723 billion in 2021, and businesses of all kinds are vying for attention in the online marketplace. But what about aspects…
Shares of television streaming company fuboTV (FUBO) have slumped more than 70% in price year-to-date. The company has also reduced its guidance for fiscal 2022. And considering its deteriorating financials and low profitability, it could be wise to avoid this high-risk growth stock now. Continue reading…. shutterstock.com – StockNews Television streaming company fuboTV Inc. (FUBO)…
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Opinions expressed by Entrepreneur contributors are their own. As we approach Indigenous Peoples’ Day on Monday, October 10, it’s an opportune time for leaders to reflect on how to champion inclusion and support Indigenous colleagues. There has been increasing pressure on companies to drive change with their diversity, equity and inclusion efforts in recent years.…
Mid-caps Digi International (NASDAQ: DGII), Lamb Weston Holdings (NYSE: LW) and Wingstop (NASDAQ: WING) all climbed higher recently n heavy trading volume, even as the broader market reversed lower. MarketBeat.com – MarketBeat As a whole, mid-caps have been slightly outperforming the S&P 500. The SPDR S&P MidCap 400 ETF (NYSEARCA: MDY) is up 5.53% so…
Lucid Motors (NASDAQ: LCID) stock is down 62% for the year. And LCID stock is down nearly 75% from its 52-week high set last November. Demand for electric vehicles (EVs) is on the rise. But like many companies in the space, Lucid is finding it hard to meet its production goals. In fact, Lucid lowered…