3 Chinese Stocks Worth Monitoring for a Contrarian Trade

Chinese stocks are outperforming after 2 years of underperformance. Regulatory crackdowns on tech companies seem to have abated, and the government is expected to pivot to economic concerns in the fall. Here are 3 Chinese stocks to watch: Alibaba (BABA), NetEase (NTES), and Finvolution (FINV). shutterstock.com – StockNews Chinese stocks have underperformed US stocks over…

Quest Diagnostic Stock is Ready to Move Higher

Medical diagnostic lab company Quest Diagnostic (NYSE: DGX) stock has been performing relatively stronger than the benchmark indices down only (-20%) on the year. The Company was a benefactor of the pandemic processing COVID test results, but volumes are falling as COVID wanes amidst mass vaccinations and boosters. PCR testing accounted for nearly $600 million…

Cracks Form In Adobe’s Growth Outlook

It’s Not A Good Time To Buy Adobe The 27 analysts covering Adobe (NASDAQ: ADBE) still rate it a solid Buy but we don’t think now is the time to start buying. While the Buy rating has held firm over the last year the Marketbeat.com consensus price target is slipping. Details within the Q2 earnings…

Chewy Stock is Not All Bark and No Bite

Online pet products and services platform Chewy, Inc. (NASDAQ: CHWY) stock has fallen (-50%) in the 2022 bear market. The pet category was bolstered during the pandemic lockdowns as more people became pet owners. This was a boon to Chewy’s online platform. This is evident by the fact that nearly 2/3rd‘s of it customers were…

PEG Ratio Pegs These 3 Stocks as Long-Term Buys

The price-to-earnings, or P/E ratio, is the best-known valuation metric in the investment community. It intuitively tells how a stock is valued in the market relative to past or future profits. MarketBeat.com – MarketBeat Yet despite its usefulness and broad appeal, it doesn’t always tell the whole story. That’s where the PEG ratio comes in.…