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Uber Stock: Buy, Sell or Hold Heading Into 2023?

Although Uber Technologies (UBER) reported a rise in gross bookings, the company faces various legal-related challenges. It also faces increased competition from other rivals. So, is the stock a buy heading into 2023? Read on to learn our view….

StockNews.com · Dec 21, 2022

Oracle Stock: Is It a Smart Investment Ahead of 2023?

Oracle Corporation’s (ORCL) earnings and revenue beat Wall Street estimates amid an uncertain macroeconomic environment. Although the company remains confident of its growth, its adjusted EPS guidance for the current quarter fell short of analyst estimates. So, will it be wise to buy the stock now? Read on to learn…

StockNews.com · Dec 21, 2022

2 Overrated Stocks Investors Should Avoid in 2023

Despite the signs of inflation cooling down, the Fed will likely continue raising rates through next year, triggering a recession. Therefore, avoiding overrated stocks DoorDash (DASH) and Faraday Future Intelligent Electric (FFIE) could be wise. Read more….

StockNews.com · Dec 20, 2022

1 Blue-Chip Stock That's Been Paying Dividends for Decades

Dividends are a tangible way of cushioning one’s portfolio through a steady income stream. Blue-chip stock The Coca-Cola Company (KO) has been paying dividends for decades. The company’s strong balance sheet has helped it raise dividends for 60 consecutive years. With the possibility of the economy entering a recession next…

StockNews.com · Dec 14, 2022

Could Cisco Systems Stock Help You Retire Early?

Tech major Cisco Systems (CSCO) raised its guidance for fiscal 2023 when many companies announced layoffs and lowered their guidance. Given this positive and the company’s reliable dividend payments, can the stock be a smart addition to a retirement portfolio? Read on to learn our view….

StockNews.com · Dec 14, 2022

GILD Stock: Is It Still a Smart Investment Ahead of 2023?

GILD gained prominence during the pandemic, but the company’s COVID-19 drug Veklury registered a decline in sales because of declining COVID-19 cases. However, it beat revenue and earnings estimates in the previous quarter. Will the company be able to record further growth in the coming year? Read more to learn…

StockNews.com · Dec 13, 2022

2 Top Stocks to Buy Hand Over Fist in December

Inflation is expected to have eased further in November, and that will strengthen the central bank’s case to slow down interest rate hikes hereon, thus easing recession concerns. Therefore, buying quality stocks Cisco Systems (CSCO) and Molina Healthcare (MOH) could be wise. Read on….

StockNews.com · Dec 13, 2022

The No. 1 Stock on Wall Street to Watch This December

General Motors Company (GM) posted a strong bottom line despite rising raw material prices and supply chain issues. The company intends to capitalize on the growing EV demand by rapidly growing its EV portfolio. Given its plans to expand its EV offerings, the stock could be worth adding to your…

StockNews.com · Dec 12, 2022

Wall Street Loves This 1 Strong Buy Stock Right Now

Wall Street looks bullish on Biogen’s (BIIB) prospects after the company’s success during the Phase 3 clinical trial of lecanemab. The drug could boost the company’s financials significantly as it could herald a new era for people with Alzheimer’s disease. Its bright growth prospects have earned it a Strong Buy…

StockNews.com · Dec 9, 2022

1 Growth Stock That's Worth Buying Into Before 2022 Ends

The Fed’s aggressive interest rate hikes this year have hurt growth stocks significantly. However, McKesson Corporation (MCK) has stood tall, becoming the second-best performing non-energy stock in the S&P 500 this year. With its growth expected to remain strong due to its strategic acquisition of Rx Savings Solutions (RxSS), it…

StockNews.com · Dec 7, 2022