The Latest Breaking News from Dipanjan BanchurSince

5 Stocks to Avoid After Announcing Disappointing Earnings Results

Roughly 90% of S&P 500 companies have released their first-quarter results, among which the majority beat consensus estimates. However, Coinbase (COIN), Wayfair (W), Allbirds (BIRD), Beyond Meat (BYND), and Paysafe (PSFE) reported disappointing first-quarter earnings. So, we think these stocks are best avoided now. Read on.

StockNews.com · May 18, 2022

3 Stocks to Short in May, Despite the Recent Market Sell-Off

The major market indexes have witnessed a massive sell-off recently. And this has significantly benefited short-sellers. Given the possibility of further market corrections, Lightning eMotors (ZEV), Bionano Genomics (BNGO), and QuantumScape (QS) could be ideal candidates for shorting this month, as they still look overvalued at their current price levels.

StockNews.com · May 16, 2022

Should You Buy Shares of Elanco Animal Health on the Dip?

Despite the company’s higher-than-industry average profitability and solid earnings growth prospects, the shares of Elanco Animal Health are trading way below their 52-week price high. So, is it wise to buy the dip in the stock? Read on to learn our view.

StockNews.com · May 16, 2022

Teck Resources: A Metals & Mining Stock That Deserves a Place in Your Portfolio

Shares of Teck Resources (TECK) have soared more than 27% in price year-to-date on rising metal prices. With commodity prices expected to remain inflated this year due to a demand-supply mismatch, would it be wise to add the stock to one’s portfolio now? Continue reading to learn our view.

StockNews.com · May 11, 2022

Are Medical Device Stocks Good Investments During a Recession?

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

StockNews.com · May 11, 2022

Should You Invest in the Tobacco Industry?

Despite many perceiving the tobacco industry as detrimental to society, most tobacco companies are investor favorites due to their extraordinary returns. Apart from their market-beating returns, these stocks are well known for their high dividend yields. Given an inelastic demand for products and high dividend payouts, this defensive industry looks…

StockNews.com · May 10, 2022

Should You Scoop Up Shares of Cazoo Group?

The demand for used cars has soared since the onset of the COVID-19 pandemic because the production of new cars has been impacted by logistical issues and semiconductor shortages fostered by the public health crisis, driving up the cost of new vehicles. Since the new car market is expected to…

StockNews.com · May 9, 2022

3 ETFs to Buy if You Think We're Nowhere Near a Bottom

The stock market has been under pressure of late for various macroeconomic and geopolitical reasons. Investors are primarily worried now that the Fed’s aggressive monetary policy tightening to tame surging inflation could tip the economy into recession. We think investors who believe the market has still to hit bottom even…

StockNews.com · May 9, 2022

Li-Cycle Holdings: Does This Battery Recycler Deserve a Place in Your Portfolio?

The ever-increasing demand for lithium-ion batteries makes the prospects of the lithium-ion battery recycling industry bright. However, considering the weak financials and stretched valuation of battery recycler Li-Cycle (LICY), can its stock cash in on the industry trends? Read on to learn our view.

StockNews.com · May 6, 2022

Worried About a Market Meltdown? Then Buy These 5 Stocks Now

The market’s near-term outlook remains uncertain on concerns over the persistent macroeconomic and geopolitical issues. But we think investors worried about a market meltdown can look to add quality stocks Coca-Cola FEMSA (KOF), CGI (GIB), Novartis (NVS), PLDT (PHI), and Fresenius Medical Care (FMS) to their portfolios because these names…

StockNews.com · May 6, 2022