Should You Scoop Up Shares of 23andMe?

23andMe (ME) saw its shares slump in price after it reported its fourth-quarter earnings results last month. However, given the company’s multiple FDA authorizations for over-the-counter genetic health risk reports, would it be worth scooping up its shares now? Read on, let’s find out. shutterstock.com – StockNews 23andMe Holding Co. (ME) in Sunnyvale, Calif., is…

This Isn’t A Buyable Bottom For Stocks 

The Stock Market Bottomed, But … Equity markets hit a bottom a few weeks ago but we would not call it a buyable bottom. There are numerous risks facing today’s market that have so clouded the outlook that buying “the bottom” now is a pure gamble. Jamie Dimon said it best when he described the…

1 Data Center Stock to Buy, 1 to Sell

The increasing demand for data centers amid the rising adoption of advanced technologies should drive the data center industry’s growth. So, we think one should consider buying shares of fundamentally sound data center company Equinix (EQIX). Conversely, we think Digital Realty (DLR) stock should be avoided for now because of the company’s deteriorating fundamentals. Read…

Macys Stock is Ready to Buy

Retail department store chain Macy’s (NYSE: M) stock has been weathering the bear market in retail stocks after posting stellar fiscal Q1 2022 earnings and raising guidance. The department store giant’s Polaris strategy has been successful as Macy’s saw 88% of its omnichannel markets saw growth in the quarter with nearly 44.4 million active Macy’s…

First Solar Stock is Ready to Shine

Solar energy solutions provider First Solar (NASDAQ: FSLR) stock has fallen (-15%) for the year outperforming the Nasdaq bear market. The photovoltaic (PV) solar module maker saw significant drops in revenues stemming from a drop in modules sold and average selling price, and lower Japan project revenues. The Company is a solid benefactor in the…

5 Reasons Why It’s Finally The Time To Sell Big Oil

Major oil stocks like ExxonMobil are reaching extremes on a fundamental, technical, and comparative basis. Time to short crude in a non-crude way. shutterstock.com – StockNews The huge rally in ExxonMobil (XOM) and the other major oil players looks to be burning a little too hot lately. ExxonMobil (XOM) is the largest component in the…