The Latest Breaking News from Mangeet Kaur BounsMangeet

After a disappointing third-quarter performance, investors should brace themselves for an enhanced market uncertainty in the fourth quarter amid the Fed’s persistent rate hikes to tame stubborn inflation and growing recession fears. Hence, we think it could be wise to add resilient and dividend-yielding stocks Johnson & Johnson (JNJ) and…

The green energy industry is expected to grow significantly in the coming years, thanks to sustained demand for renewable energy amid rising climate concerns worldwide, technological advancements, and increasing government and corporate investments. However, input price inflation, supply chain disruptions, and broader market jitters have adversely impacted many fundamentally weak…

Leading airline company Alaska Air (ALK) reported better-than-expected second-quarter results and provided a positive outlook for the third quarter and full year 2022 amid soaring travel demand. Given its high profitability and discounted valuation, we think this airline stock could be a safe investment now. Read on….

Shares of online real estate services company Opendoor Technologies (OPEN) have plummeted more than 75% in price year-to-date with the cooling down of the housing market amid rising interest rates. Furthermore, the company is expected to incur huge losses in the upcoming years. Hence, with the Fed signaling aggressive rate…

The Fed’s aggressive monetary policy stance and growing recession odds are expected to keep the stock market under immense pressure in the near term. So, it could be wise to avoid popular but fundamentally weak stocks Lucid (LCID), Bed Bath & Beyond (BBBY), and fuboTV (FUBO), which are expected to…

Renowned social media company Snap (SNAP) reported weak top-line growth and a loss in its last quarter. Moreover, analysts seem bearish about the company’s growth prospects. Shares of SNAP have declined more than 75% in price year-to-date. So, though the stock is currently hovering around $10.50, is it wise to…

Connected fitness equipment company Peloton Interactive (PTON) reported lower sales and a wider loss for the fiscal fourth quarter. Moreover, the company affirmed a weak sales outlook for the first quarter of fiscal 2023 as it expects to continue struggling with weakening demand amid the macroeconomic headwinds. Given PTON’s more…

Leading automaker Ford (F) has delivered solid second-quarter financials, driven by high demand for electric vehicles (EVs). However, the company recently revealed that it continues to navigate supply chain disruptions and other economic headwinds. It expects to incur inflation-related supplier costs of about $1 billion in the third quarter, affecting…

Leading biopharmaceutical company Gilead Sciences (GILD) reported impressive sales in the last quarter and raised its full-year 2022 guidance. Furthermore, the company’s strategic acquisitions, drug approvals, and research breakthroughs should drive its growth in the coming quarters. Given GILD’s discounted valuation, we think it could be wise to buy this…

Shares of fintech company Affirm Holdings (AFRM) have plummeted more than 75% in price year-to-date. The company has been dealing with economic and credit cycle headwinds, which impacted its financials. Its profitability is expected to be significantly affected by shrinking consumer spending. Hence, we think investors should stay away from…

Digital payment company PayPal (PYPL) reported approximately 10% year-over-year revenue growth in the fiscal 2022 second quarter. However, its bottom-line performance suffered significantly. Furthermore, analysts seem bearish on its earnings growth prospects due to declining user growth and the current macro headwinds. So, given PYPL’s solid top-line growth, can the…