The Latest Breaking News from Dipanjan BanchurSince

Should This Retail Stock Be on Your Radar Right Now?

Shares of beauty retailer Ulta Beauty (ULTA) have gained more than 30% over the past year. The company reported strong third-quarter results despite the challenging macroeconomic environment. Moreover, ULTA has upgraded its outlook for 2023. However, given its lofty valuation, will it be wise to invest in it now? Read…

StockNews.com · Jan 20, 2023

1 No-Brainer Agriculture Stock to Buy Right Now

With continued constraints in the supply of potash and phosphates, the global fertilizer market remains tight. Crop nutrient major The Mosaic Company’s (MOS) outlook for 2023 and beyond remains solid. Thus, it could be wise to buy the stock now. Keep reading….

StockNews.com · Jan 20, 2023

1 Semiconductor Stock You Should Buy Now

Despite facing inflationary headwinds and demand softness lately, semiconductor foundry major Taiwan Semiconductor Manufacturing Company (TSM) remains well-positioned to gain from the increasing demand for high-performance chips. Thus, we think it could be wise to buy the stock now. Read more….

StockNews.com · Jan 18, 2023

3 Stocks It's Time to Unload in 2023 if You Haven't Already

Although inflation eased further in December, the Fed will likely go ahead with its interest rate hikes this year, keeping the economy and the stock market under pressure. So, it could be wise to unload fundamentally weak stocks Roblox (RBLX), Tellurian (TELL), and Avaya Holdings (AVYA). Let’s discuss….

StockNews.com · Jan 12, 2023

The Cheapest Chip Stock to Buy in 2023

Taiwan-based chipmaker United Microelectronics is trading at a discount to its peers. Although the current uncertain macroeconomic environment means that the company will continue to face soft consumer demand, the demand for chips is expected to remain strong in the long run due to their increasing applicability. Therefore, it could…

StockNews.com · Jan 12, 2023

1 Cheap Auto Stock to Buy and Never Sell

The automobile industry is witnessing its worst time in more than a decade. However, despite several headwinds, General Motors’ (GM) sales rose last year. The company remains confident of achieving further growth this year and has bold long-term plans. Surprisingly, GM is trading at a discount to its peers. Therefore,…

StockNews.com · Jan 11, 2023

3 Stocks to Help Stabilize Your Portfolio in 2023

With interest rates expected to increase throughout this year, the stock market will likely remain under pressure. Amid the anticipated volatility in the stock market this year, investors may consider investing in stable and dividend-paying stocks Johnson & Johnson (JNJ), The Procter & Gamble Company (PG), and AptarGroup (ATR) to…

StockNews.com · Jan 10, 2023

1 Entertainment Stock You'll Want to Buy in 2023

Cable and media giant Comcast Corporation (CMCSA) announced better-than-expected earnings and revenue despite the macroeconomic headwinds. The company is confident of achieving further growth despite the potential macroeconomic challenges this year. Analysts have upgraded the stock recently. Thus, it could be wise to buy the stock now. Read more….

StockNews.com · Jan 9, 2023

1 Once-Loved Travel Stock That Has Lost Its Edge

Travelers are very familiar with the name Carnival Corporation (CCL) for its cruises. The once-loved travel stock has fallen more than 55% over the past year as it struggles to manage the enormous debt it racked up during the pandemic to stay afloat. Minutes from the Fed’s meeting last month…

StockNews.com · Jan 6, 2023

1 High-Quality Stock to Add to Your Portfolio in 2023

Boyd Gaming Corporation (BYD) reported strong operational performance in the third quarter, displaying resilience against the uncertain macroeconomic environment. Its acquisition of Pala Interactive would help it drive further growth. Moreover, BYD’s profitability is higher than its peers. Thus, it could be wise to add the stock to your portfolio.…

StockNews.com · Jan 6, 2023