The Latest Breaking News from Mangeet Kaur BounsMangeet

Shares of Renowned software company Adobe (ADBE) are trading way below their 52-week high despite the company delivering impressive second-quarter results and remarkable revenue and earnings growth estimates by analysts. Furthermore, the company is expected to suffer from macroeconomic and geopolitical headwinds. So, let’s find out if it is wise…

Leading oil and gas company Marathon Petroleum (MPC) reported solid second-quarter results. Shares of MPC have gained in doubt digits year-to-date. Higher price realizations and substantial market demand should bode well for the energy company. Thus, we think MPC is an ideal investment now. Read on to know more….

A drop in used vehicles and gasoline prices in July should bode well for companies dealing with used cars. However, given its weak fundamentals, CarMax (KMX) does not look well-positioned to capitalize on the industry tailwinds. Therefore, it could be wise to invest in fundamentally strong used car stocks AutoNation…

With energy prices retreating from their peaks, the consumer price index increased 8.5% year-over-year in July, lower than the 40-year high in June. With slightly eased inflationary pressure and a red-hot job market, a resurgence in discretionary spending is expected in the months ahead. Given this backdrop, we think fundamentally…

Warren Buffett’s diversified holding company Berkshire Hathaway exited its position in drugmaker TEVA by the end of 2021 at a loss of approximately $365 million on its four-year-long bet. However, Buffett appears to have exited to stock too soon as TEVA witnessed a significant reversal this year, gaining 34.5% year-to-date.…

Leading multinational company Hershey (HSY) continued its business momentum in the second quarter, with double-digit sales growth in each segment and solid EPS performance. Furthermore, the company has raised its fiscal 2022 full-year guidance. Given HSY’s steady business and attractive dividend record, it could be wise to invest in the…

Despite the continued semiconductor chip shortage and high-interest rates for auto loans, the auto parts industry is expected to grow significantly this year, driven by solid demand amid an increasing shift toward electric vehicles, rising demand for OEMs, and digital advancements. Given this backdrop, it could be wise to buy…

Despite the macroeconomic headwinds, real estate investment trusts (REITs) are expected to remain resilient due to rising demand, appreciation of property prices amid the high inflation, and increasing rental income. Moreover, REITs are considered ideal investments in uncertain market conditions since they pay out at least 90% of their income…

Despite possessing weak fundamentals, GameStop (GME) witnessed a skyrocketing rally last year solely based on retail investors’ bets against hedge funds. However, this year, investors are getting rid of risky, fundamentally weak stocks amid heightened market volatility. Given its deteriorating financials, bleak growth prospects, elevated valuation, and low profitability, GME…

Leading payments processing company Visa (V) has been doing exceptionally well, driven by increased spending on services and a significant transition worldwide to cashless transactions. Moreover, Warren Buffett’s Berkshire owns approximately 0.5% stack in the company. V’s attractive dividend, strong financials, and solid growth prospects make it an ideal investment.…

Amid the ongoing economic turbulence, sectors like healthcare, which enjoy inelastic demand and can pass on an increase in cost to end consumers, make a good investment option. Moreover, rising chronic diseases, an aging population, and increased healthcare spending should drive the sector’s growth. So, it could be the right…