Amid soaring concerns over an impending Fed-induced recession, the stock market could remain volatile in the near future. Against this backdrop, investors could add stable stocks Johnson & Johnson (JNJ) and Novartis (NVS) to their portfolios in 2023 to garner good returns. Read on…. The January Consumer Price Index (CPI) rose 6.4% year-over-year, exceeding the […]
For many entrepreneurs trying to start or grow their businesses, signing new clients is cause for celebration. After all, businesses can’t survive without clients, and the odds already aren’t stacked in their favor: According to the U.S. Bureau of Labor Statistics, approximately 20% of new businesses fail within their first two years of opening, 45%
Despite heavy demand, supply chain issues might mar the electric vehicle (EV) industry’s performance in the near term. Moreover, affordability remains a significant factor limiting adoption. Given the near-term uncertainties, fundamentally weak EV stocks NIO (NIO), Rivian Automotive (RIVN), and Mullen Automotive (MULN), which are going downhill, might be best avoided. Keep reading. Electric vehicle
Bulls took the early lead in 2023…yet as more cards are flipped over it looks like bears are going to take the pot once again. Let’s discuss the recent changes that are pointing to more downside ahead for the stock market (SPY). Better yet, 40 year investment veteran Steve Reitmeister will share a trading plan
Sticky inflation might trigger more rate hikes this year, which could keep the stock market under pressure. Hence, investors could consider buying fundamentally strong stocks Stellantis (STLA), Honda Motor (HMC), MasterCraft Boat (MCFT), and Genie Energy (GNE) given the uncertainties. These stocks are rated A (Strong Buy) in our proprietary ratings system. Read more. The
Restaurants are turning to subscription models to ensure steady revenue and customer visits. The move is industry-wide, too, with large chains like Panera and P.F. Chang’s and local eateries experimenting with different subscription perks and benefits. As the Associated Press reports, subscriptions work as you’d expect, and customers can enjoy unlimited drinks, free delivery, or
Thousands of Amazon employees have joined a new Slack channel called “Remote Advocacy” to voice their concerns regarding the company’s newly announced return-to-office policy. The policy mandates that beginning in May employees return to the office three days a week — a decision that has prompted some employees to organize a petition in opposition. Amazon
Despite a slowdown in the Fed’s rate hike aggression, recession probabilities are still widespread. However, given the robust demand for tech products and services, the prospects of the industry look bright. Therefore, investors could buy quality tech stock Salesforce (CRM), regardless of a recession. However, fundamentally weak BlackBerry (BB) might be best avoided. Keep reading….
Starbucks is taking a leap of faith. The caffeinated icon is introducing a new line of coffee beverages called Oleato. Drinks are made with extra virgin olive oil, which adds 120 calories per serving, and the company is launching the line in Italy, with three different options available at Italian locations. If the olive oil
Are you fond of using the phrase “let’s circle back” in business meetings? Your co-workers wish you would stop. Preply, an online language-learning platform, recently surveyed over 1000 people to ask them what they thought of certain trendy corporate jargon. “Circle back” was deemed the most annoying phrase, followed by such overused doozies as “put