Recession is Here…Watch Out Below!

More and more it looks like recession is here. This includes a dramatic decline for ISM manufacturing discovered this morning. As you likely know, most economist call manufacturing the “canary in the coal mine” for the US economy as it often shows weakness before other areas. In fact, GDP Now from the Atlanta Fed reads … Read more

3 Consumer Goods Stocks Wall Street Predicts Will Gain 60% or More

Although consumer confidence has been declining amid the rising inflation, stable job growth and rising wages are expected to support consumer spending. Given this backdrop, Wall Street analysts see a more than 60% upside potential in fundamentally sound stocks (AMZN), General Motors (GM), and Sea Limited (SE). Keep reading. – StockNews Consumers are … Read more

3 No-Brainer Stocks to Buy in a Market Correction

The multi-decade high inflation and the Federal Reserve’s constant efforts to fight it have recently caused massive corrections in the stock market. Amid the current uncertain economic conditions, it could be wise to invest in Globus Maritime (GLBS), QuidelOrtho (QDEL), and Donegal Group (DGICA), which possess every ingredient to dodge the market fluctuations and deliver … Read more

1 Retail Stock to Pick Up and 1 to Avoid

Soaring Inflation and supply chain disruptions have significantly dampened the retail sector’s growth this year. Amid slowing consumer demand, we think investors should invest in Walmart (WMT) since it possesses enough fundamental strength to stand an economic downturn. On the contrary, Honest Company (HNST) should be avoided now, given its bleak growth prospects. Read on … Read more

3 High-Quality Stocks You Can Buy at a Discount

The soaring inflation is expected to result in further aggressive interest rate hikes, fueling fears of an economic slowdown. Amid the depressed market conditions on concerns over a potential recession, it could be wise to invest in high-quality stocks, Chico’s FAS (CHS), MarineMax (HZO), and The ODP (ODP), which are currently trading at significant discounts … Read more

Is NXP Semiconductors’ Drop Overblown?

NXP Semiconductors (NXPI) saw its shares get crushed despite reporting strong top-line and bottom-line growth in the last reported quarter. While several analysts recently lowered their price target on the stock, given increased chip demands across industries, can the stock maintain its market standing? Let’s find out. – StockNews NXP Semiconductors NV (NXPI) provides … Read more