The Latest Breaking News from Kritika SarmahHer

While the Fed’s rate hikes and a slowing economy have kept sales under pressure, rising tensions between the US and China might cause further disruptions in the EV industry. Hence, fundamentally weak stocks NIO (NIO), Nikola (NKLA), and Lordstown Motors (RIDE) might be best avoided now. Keep reading.

The food makers industry is expected to remain robust due to steady demand and technological advancements. Therefore, food stocks Sysco (SYY) and US Foods Holding (USFD) might be solid buys. However, fundamentally weak Utz Brands (UTZ) and Smart for Life (SMFL) might be best avoided. Read on.

The cooling inflation is likely to benefit the home improvement industry. Moreover, rapid urbanization and the rising adoption of green buildings should boost the sector in the coming years. Therefore, fundamentally strong home improvement stocks Lowe’s Companies (LOW), ADT (ADT), Masonite International (DOOR), and La-Z-Boy (LZB) might be ideal additions…

While marijuana legalization has been rising, the industry is witnessing increased regulations. Moreover, the sector’s revenues have been declining recently. Hence, marijuana stocks Tilray Brands (TLRY), Canopy Growth (CGC), Sundial Growers (SNDL), and Aurora Cannabis (ACB) might be best avoided, given their weak fundamentals and negative profit margins. Keep reading.

The consumer goods industry tends to perform relatively well amid market downturns due to inelastic demand for its products. So, with a recession lurking around the corner, fundamentally strong consumer goods stocks Unilever (UL), Colgate-Palmolive (CL), and Ennis (EBF) that pay stable dividends might be ideal buys now. Keep reading.

The better-than-expected 2022 fourth-quarter GDP report and the rise in consumers’ sentiment are fueling optimism in the stock market. Moreover, the signs of cooling inflation might prompt the Fed to go ahead with a slower pace of rate hikes. Hence, fundamentally strong stocks Nokia (NOK), China Automotive (CAAS), Assertio (ASRT),…

The airline industry’s prospects for this year look bright on strong travel demand. However, staffing shortage remains a concern. Therefore, fundamentally strong airline stocks Deutsche Lufthansa (DLAKY), Air France (AFLYY), and Copa (CPA) might be solid buys in 2023. However, Spirit (SAVE) is best avoided now, given its weak fundamentals…

The increased demand for high-speed data and the rising 5G adoption are driving the growth of the telecom industry. Moreover, government initiatives should boost the industry in the coming years. Therefore, telecom stocks Verizon (VZ), AT&T (T), Ooma (OOMA), and Spok Holdings (SPOK), which are trading at attractive valuations, might…

Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in the last quarter. Amid the uncertainties, investors should consider buying fundamentally strong and stable stocks Daikin Industries (DKILY), Takeda (TAK), and…