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Position Yourself for Major Growth in Q4 With These 2 Stocks

Despite the overall market uncertainty, investors could still find stocks well-poised for strong growth. To that end, McKesson (MCK) and Flowers Foods (FLO) could be solid additions to one’s portfolio this quarter, given their strong fundamentals and solid growth prospects. Read more….

StockNews.com · Nov 7, 2022

4 Auto Stocks Investors Should Hit the Brakes on Now

Despite soaring demand, the auto industry has been bogged down by macroeconomic challenges, chip shortages, and supply chain disruptions. Given these factors, it could be wise for investors to back off from investing in fundamentally weak auto stocks Rivian Automotive (RIVN), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), and Mullen…

StockNews.com · Nov 4, 2022

This Telecom Stock Is Generating Stable Growth in Q4

Telecom major AT&T (T) reported strong growth in postpaid phone additions and fiber broadband subscribers. The company expects strong growth across all verticals for the remainder of the year. Given its discounted valuation and high profitability, T could deliver stable returns in the upcoming months. Read on….

StockNews.com · Nov 4, 2022

Don't Count on a Comeback for Snap Stock

Snap Inc. (SNAP) has fallen more than 78% year-to-date as it battles major headwinds such as reduced advertising spending, rising competition, etc. Moreover, despite lower-than-industry profitability, the stock trades at a premium to its peers. Therefore, investors should not yet invest in the stock, hoping for a turnaround. Read more….

StockNews.com · Nov 2, 2022

Is This Beauty Retailer Stock a Buy for Attractive Returns This Fall

Shares of Beauty retailer Ulta Beauty (ULTA) have outperformed the major benchmark indexes this year. The company reported impressive results for the fiscal second quarter and raised its outlook for the full year. However, given the stock’s stretched valuation, will it be wise to invest in it now? Read on…

StockNews.com · Nov 2, 2022

3 Stocks That Have Been on Fire This Year

While the S&P 500 declined more than 18% year-to-date on concerns over several macroeconomic and geopolitical headwinds, shares of Energy Transfer LP (ET), Casey's General Stores (CASY), and Universal Logistics Holdings (ULH) have gained significantly. The fundamental strength of these stocks may allow them to see further gains in the…

StockNews.com · Nov 1, 2022

3 Tech Stocks You'll Be Kicking Yourself Later for Not Buying

While disappointing third-quarter earnings from big tech added to the pressure tech companies were facing due to the consistent increase in borrowing costs and slowing demand, the industry is consistently evolving and is well-positioned to grow significantly in the long run. Therefore, you would regret not investing in fundamentally sound…

StockNews.com · Oct 31, 2022

These 3 Stocks Are a Must When Building Your Dividend Portfolio

Since the uncertain economic conditions are expected to keep the stock market under pressure, dividend-paying stocks Pfizer (PFE), ICL Group (ICL), and ARC Document Solutions (ARC) could be solid additions to your portfolio for generating a steady income stream. Keep reading….

StockNews.com · Oct 28, 2022

If You Own This ETF, You Might Want to Rethink That

ARK Investment Management’s flagship fund, ARK Innovation (ARKK), has fallen more than 60% year-to-date, as tech stocks which form a major constituent of the ETF, have got hammered amid the Fed’s aggressive interest rate hikes. As the Fed is expected to maintain its hawkish stance, investors owning this ETF should…

StockNews.com · Oct 28, 2022

Got Extra Cash? Here's 1 Stock to Spend It On

Food and drug retailer Albertsons (ACI) reported stellar second-quarter earnings, and the company has guided solid growth in the upcoming quarters. Moreover, ACI’s merger agreement with Kroger (KR) is expected to see the merged entity control about 20% of the nation’s grocery market. Read on to know more….

StockNews.com · Oct 28, 2022