The Latest Breaking News from Dipanjan BanchurSince

Cruise company Carnival Corporation (CCL) recorded a 50% jump in sales during Cyber Monday, indicating a busy 2023 travel season. Despite strong bookings, CCL is expected to struggle due to a possible recession. So, should you buy, sell, or hold on to the stock now? Read on to learn our…

World-famous investor Warren Buffett picked up shares of healthcare services provider McKesson Corporation (MCK) this year. The company has raised its dividends for 16 consecutive years. With a recession expected next year, this healthcare services stock is expected to remain stable as demand for healthcare and related services usually remain…

APA Corporation (APA) has benefited from the higher crude oil prices this year, and its shares have gained more than 73% year-to-date. Although crude oil prices have dropped from their highs, analysts seem optimistic about a price recovery considering the expected demand-supply dynamics. Given this backdrop, will it be wise…

Telecom giant Verizon’s (VZ) stock has fallen 25% year-to-date and is currently trading at a discount to its peers. The company is undertaking cost-saving measures and is increasing its focus on executing its 5G strategy. Given its strong financials, discounted valuation, solid dividend payouts, and growth prospects, it could be…

The Fed Chairman recently indicated a slower pace of rate increases. However, many analysts still believe the economy will face a mild recession next year. Therefore, it could be wise to invest in quality stocks with solid growth prospects, such as AbbVie (ABBV), Bristol-Myers Squibb (BMY), and Lifeway Foods (LWAY).…

Plant-based meat company Beyond Meat (BYND) missed the consensus earnings and revenue estimates in the last quarter. The company has been struggling with declining meat alternative volumes and new competitors entering the market. Therefore, it could be wise to steer clear of the stock now. Read on….

With inflation starting to ease, the Fed is expected to slow down the rate hikes. However, many analysts still believe the economy will face a mild recession next year. Thus, investors looking for steady returns could buy fundamentally strong stocks such as Ambev S.A.(ABEV), Cardinal Health (CAH), and Universal Logistics…

Despite the expected slowdown of interest rate hikes, investors are concerned about a recession next year. This could mean more pain for stocks that have already fallen significantly this year. Amid this backdrop, investors should avoid fundamentally weak stocks Advanced Micro Devices (AMD), DraftKings (DKNG), SoFi Technologies (SOFI), ContextLogic (WISH),…

While solid EV demand and favorable government incentives are significant tailwinds for the EV industry, EV manufacturer Mullen Automotive (MULN) is still far from starting its deliveries. The company is expected to struggle amid high inflation, supply chain issues, rising raw material costs, and stiff competition. Thus, is it worth…

Snap Inc. (SNAP) has found it tough to get going this year as it faced falling advertising spending, rising competition, and several other macroeconomic headwinds. Despite its poor financials and low profitability, the stock trades at a premium to its peers. Therefore, SNAP could be best avoided now. Read more….

Shares of ContextLogic (WISH) have had a free fall this year, with the stock declining more than 77% year-to-date. Although the stock is trading at a discount to its peers, the uncertain macroeconomic conditions add further gloom to the company’s growth prospects. So, will it be wise to invest in…