Consumer discretionary goods have been bearing the brunt of GDP growth contraction and declining consumer sentiment. However, the sector has still managed to outperform the broader market. Therefore, quality consumer discretionary stocks Mannatech (MTEX), Pandora (PANDY), and The Procter & Gamble (PG), which are rated Buy in our proprietary rating system, could be ideal trading…
The stock market sell-offs triggered by macroeconomic and geopolitical issues since the beginning of the year have driven many quality stocks into the oversold territory. So, it could be wise to invest in oversold stocks Gilead Sciences (GILD) and Comcast (CMCSA), which have solid rebound potential. Let’s discuss…. shutterstock.com – StockNews The stock market has…
Opinions expressed by Entrepreneur contributors are their own. We all know that businesses are supposed to solve problems. But more important to problem-solving is a business‘s ability to respond to what customers want. One of the biggest mistakes an entrepreneur can make is ignoring what customers say. A good entrepreneur should first ask, “what is…
Autonomous vehicles (AV) are the next major evolutionary step in transportation. However, there are many years before its full adoption. Here are 2 stocks that will benefit from this industry’s growth and increasing adoption: Micron (MU) and ON Semiconductor (ON). shutterstock.com – StockNews Autonomous vehicles (AV) are the next major revolutionary development for transportation. If…
2022 is a challenging year for the market. After battling surging inflation for the first six months, another threat is emerging with rising recession risk. Biotech stocks could be a place where investors can find outperformance given their low valuations and strong long-term fundamentals. shutterstock.com – StockNews 2022 is likely to go down as one…
Opinions expressed by Entrepreneur contributors are their own. Franchises are an excellent way to start a business. They offer entrepreneurs and business professionals the opportunity to get in on a plug-and-play business with a well-established reputation and brand already in place. But before you shell out the tens of thousands of dollars needed to buy…
Financial services firm Block (NYSE: SQ) stock has fallen (-59%) into the toilet for 2022. The e-commerce processing and payments platform subsidiary Square expanded its services through acquisition and integrated them into its wildly popular Cash App mobile payment service. The Bitcoin Lightning Network was added to the Cash App enabling more access and flexibility…
There are short-term and long-term opportunities for PFE stock Pfizer (NYSE: PFE) stock is down 12% in 2022. Even though that’s better than the broader market, there are some concerns that Pfizer’s Covid-19 vaccine rally is winding down. But a recent announcement by the United States Food & Drug Administration (FDA) indicates that Pfizer may…
Semiconductor giant NVIDIA (NASDAQ: NVDA) stock is down (-48%) during the 2022 technology bear market. The leading maker of graphic processor units (GPUs) saw record growth as revenues rose 46.4% in its fiscal Q1 2023. Data center, which includes artificial intelligence (AI), revenues grew a whopping 83% to $3.75 billion hitting a new record as…
Previously a sell, the recent big drop in crude has made Big Oil a buy. How to position to profit from continued consolidation in XOM stock. shutterstock.com – StockNews A little over a month ago, I wrote about why I thought oil and oil stocks were a short in “5 Reasons Why It’s Finally The…