The Latest Breaking News from Mangeet Kaur BounsMangeet

The Federal Reserve’s tightening of monetary policy to combat rising inflationary pressure is putting companies with heavy cash burn and little cash on hand at an increased risk of bankruptcy as costs of borrowing funds are set to rise. So, potential bankruptcy candidates Peloton Interactive (PTON), Carvana (CVNA), and Freshpet…

Leading healthcare company Abbott Laboratories (ABT) reported robust first-quarter results. And the company is well-positioned to benefit from its diversified business. Moreover, as ABT is resuming infant formula production at its Michigan facility, is the stock a good buy at the current price level? Read more to find out….

The oil and gas company Occidental Petroleum (OXY) has achieved strong top and bottom-line growth in its most recent quarter. Also, the stock has gained nearly 109% in price year-to-date, driven by the industry tailwinds. Moreover, renowned investor Warren Buffett has bought more OXY shares, raising its stake to 18.7%…

The increasing demand for software security solutions to eliminate cyber threats and growing government investments should drive the software security industry’s growth. However, the widespread tech sell-off triggered by rapid interest rate hikes and rising recession concerns have affected software security stocks. And we think Ipsidy (AUID) and SentinelOne (S)…

The Chinese economy is recovering with the easing of strict COVID-19 measures, and the government is considering ramping up infrastructure funding. However, despite easing Chinese regulatory concerns, Alibaba Group (BABA) has been losing momentum amid the challenging macroeconomic environment. And we think fundamentally sound Chinese companies NetEase (NTES), FinVolution (FINV),…

Amid the rising geopolitical tensions with the ongoing Russia-Ukraine war and emerging threats from China, increasing military spending globally should boost the air and defense industry’s growth. And we think top-quality air & defense stocks Moog (MOG.A), Brady Corporation (BRC), and Sturm, Ruger & Company (RGR) are well-positioned to capitalize…

Online used car retailer Carvana (CVNA) reported disappointing first-quarter 2022 results, and its near-term prospects look bleak due to logistical disruptions, high used car prices, significant hikes in interest rates, and surging fuel prices. However, considering the stock’s impressive 26% gain on Tuesday, is CVNA a buy now? Read on…

Shares of leading retailer Bed Bath & Beyond (BBBY) are down more than 67% in price year-to-date. The company reported disappointing first-quarter 2022 results affected by persistently high inflation, fluctuations in consumer spending patterns, and other macroeconomic headwinds. However, considering the management's efforts to address the ongoing challenges and boost…

The electric vehicle (EV) industry is expected to grow exponentially this year, thanks to strong consumer demand and favorable government initiatives. However, the EV giant Tesla (TSLA) is currently grappling with supply chain issues and factory shutdowns. And we think EV stocks Xos (XOS) and Lion Electric (LEV) are worth…