The Latest Breaking News from Dipanjan BanchurSince

Auto manufacturers have gotten battered since last year due to industry and economic challenges. Auto sales are expected to return to pre-pandemic levels this year, but analysts remain concerned about the potential impact of a recession and declining demand. Amid this backdrop, it could be wise to avoid auto stocks…

Apellis Pharmaceuticals’ (APLS) stock has jumped more than 25% year-to-date based on FDA approval for treating geographic atrophy. Despite the breakthrough, the company’s ability to scale up production remains a concern. Moreover, its closest competitor is also close to getting approval. Given its poor financials, stretched valuation, and weak profitability,…

The Fed has affirmed its commitment to keep interest rates elevated. With an end to interest rate hikes not in sight, the major market indexes are expected to face further volatility in the upcoming months. Therefore, it could be wise to buy fundamentally strong stocks, The Coca-Cola Company (KO), Centene…

Financial companies usually benefit in a rising interest rate environment. With the Personal Consumption Expenditure (PCE) rising monthly and annually in January, the Fed is likely to keep raising interest rates until it achieves its 2% inflation target. Amid this backdrop, it could be wise to add financial stocks Visa…

Shares of SoFi Technologies (SOFI) have gained more than 35% over the past three months based on positive guidance for fiscal 2023. However, uncertainty still looms over its student loan refinancing business, and the stock is expected to encounter more competition from its peers. Given its stretched valuation, it could…

Payments major Visa (V) beat Wall Street revenue and earnings estimates in the first quarter. The company stands to benefit from the growing adoption of digital transactions globally. Therefore, it could be wise to buy the stock now. Keep reading….

With Personal Consumption Expenditure (PCE) rising sequentially and the jobs market remaining tight in January, the stock market is expected to remain volatile in the upcoming months. Hence, it could be wise to invest in quality ETFs, Vanguard Developed Markets Index Fund (VEA), Vanguard International High Dividend Yield Fund (VYMI),…

General Motors (GM) outperformed its peers by registering strong sales growth in 2022, a challenging year. The company has guided for a promising fiscal 2023 performance driven by the high demand for its EV and ICE vehicles portfolio. Given its solid long-term growth plans, it could be wise to buy…

A sequential rise in the Personal Consumption Expenditure (PCE) and the strong jobs growth in January has hit investor sentiment as the Fed will likely become hawkish again. This could trigger further market volatility in the upcoming months. Therefore, it could be wise to buy fundamentally strong stocks, Walmart (WMT),…

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

After the hotter-than-expected jobs data, monthly inflation rose marginally in January, indicating that the Fed still needs to raise interest rates for some time to achieve its target. This could benefit financial companies as they usually benefit from a rising interest rate environment. Therefore, it could be wise to add…