The Latest Breaking News from Dipanjan BanchurSince

Bank of America (BAC), the second-largest U.S. bank by assets, beat Street revenue and earnings estimates in the second quarter but is stuck with more than $105 billion in unrealized losses. Moreover, the bank was slapped with refunds and fines worth $250 million earlier this month. In this piece, I…

Despite the decline in industrial production, the industrial-machinery sector is well-positioned for long term growth thanks to the government’s push to boost domestic manufacturing, adoption of advanced technologies, and investments to overhaul infrastructure. To that end, it could be wise to buy fundamentally strong industrial stocks Honeywell International (HON), Howmet…

There are growing signs of stability returning to the banking sector. Recently, large banks, including Citigroup (C), passed the Federal Reserve’s stress test. However, C is expected to report a year-over-year decline in EPS and revenue for the second quarter. So, will it be wise to buy the stock now?…

Despite macroeconomic challenges, retail sales are expected to grow this year thanks to easing inflation and a strong labor market. Therefore, it could be wise to buy fundamentally strong retail stocks Murphy USA (MUSA), ODP Corporation (ODP), and Sally Beauty Holdings (SBH). Keep reading.

Digitization of business operations and the growing usage of advanced technologies drive the demand for tech services. In this piece, I have compared the fundamentals of tech stocks Riot Platforms (RIOT) and GigaCloud Technology (GCT) to determine which has better upside potential.

Investments in digital transformation, the adoption of emerging technologies, and the growth of public cloud services drive the demand for software solutions. Amid this backdrop, it could be wise to buy fundamentally strong software stocks ServiceNow (NOW), Verint Systems (VRNT), and Agilysys (AGYS). These stocks have an overall rating of…

Financial stocks are the biggest beneficiaries of the Fed’s interest rate hikes. After a short pause, the central bank is expected to raise interest rates again this month. Given this backdrop, let’s compare Marathon Digital (MARA) and Manhattan Bridge Capital (LOAN) to identify the better investment.

After a challenging 2022, the steel demand is expected to rise thanks to the reopening of the Chinese economy, easing inflation, and America’s infrastructure development initiatives. To that end, it could be wise to buy fundamentally strong steel stocks ArcelorMittal (MT), Commercial Metals Company (CMC), and Aperam (APEMY). Read more.

JPMorgan (JPM) is set to release its second-quarter earnings later this week. Although its earnings are expected to receive a boost from the acquisition of First Republic Bank, the profit margins of Wall Street banks, including JPM, are expected to remain tight. So, will it be wise to buy the…