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Is Tesla (TSLA) a Good Stock Pick This Week?

EV giant Tesla’s (TSLA) stock is on a remarkable run, gaining more than 55% over the past month. The stock’s sharp surge came after the company’s recent partnerships with two biggest legacy automakers on EV charging networks. However, a series of aggressive price cuts aimed at spurring demand hit the…

StockNews.com · Jun 20, 2023

Buy, Sell or Hold? AMC Entertainment (AMC) and Imax (IMAX)

While inflationary and recessionary pressures have weakened discretionary consumer spending lately, the entertainment industry’s long-term growth prospects look promising with the growing demand for online entertainment. So, let’s find out if you should buy, sell or hold AMC Entertainment (AMC) and IMAX (IMAX). Read on….

StockNews.com · Jun 20, 2023

3 Software Stocks Smart Money Is Investing In

With rapid digitalization, the growing dependence of businesses on software solutions, and remarkable technological advancements, the software industry is poised to witness solid long-term growth. Hence, it could be wise to invest in quality software stocks Splunk (SPLK), Smartsheet (SMAR), and Park City Group (PCYG), which are attracting the attention…

StockNews.com · Jun 19, 2023

The Top 2 Bank Stocks to Watch This Week and 1 to Avoid

The U.S. banking sector has been under immense pressure following the collapses of three major regional banks. With the bank turmoil far from over, it could be wise to add fundamentally sound foreign bank stocks China Minsheng (CMAKY) and Grupo Financiero (GGAL) to your watchlist this week, which are positioned…

StockNews.com · Jun 12, 2023

Is Apple (AAPL) a Buy or Sell for June?

Tech giant Apple (AAPL) is well-known for its innovations in hardware, software, and services. While the company is poised for solid long-term growth, its financial performance is likely to be hampered in the near term by uncertain macroeconomic conditions. So, let’s find out if you should buy or hold this…

StockNews.com · Jun 9, 2023

Which Luxury Stock Is the Better Buy for June: Macy's (M) or Urban Outfitters (URBN)

Despite ongoing economic uncertainty, the luxury industry has remained resilient and continues reinventing itself, driven by robust consumer spending, China’s reopening, and the adoption of cutting-edge technology in the space. Luxury stocks Macy’s (M) and Urban Outfitters (URBN) should benefit from the industry tailwinds. But which of these is a…

StockNews.com · Jun 9, 2023

Which Energy Stock Should You Invest In: Marathon Oil (MRO) or Cheniere Energy (LNG)

After a stellar performance in 2022, the energy sector is expected to maintain its growth momentum this year. Strong energy demand worldwide and massive oil production cuts could significantly lift oil and gas prices. Energy producers Marathon Oil (MRO) and Cheniere Energy (LNG) are poised to benefit from the sector’s…

StockNews.com · Jun 7, 2023

Which Specialty Retailer Stock Is a Buy? GameStop (GME) vs. Torrid Holdings (CURV)

Despite economic challenges, the specialty retail industry’s growth prospects look bright due to rising consumer spending, higher disposable income, and the surge in digital commerce. Given the industry tailwinds, let’s compare GameStop (GME) and Torrid (CURV) to determine which is a better buy now. Read more to find out….

StockNews.com · Jun 6, 2023

Is The ARK Innovation ETF (ARKK) a Buy Right Now?

Following underwhelming performance in two consecutive years, 2021 and 2022, Cathie Wood’s flagship fund, ARK Innovation (ARKK), is sporting approximately 34% year-to-date returns. ARKK’s portfolio focuses on disruptive innovation companies which have massive growth potential. So, let’s find out if ARKK is an ideal buy for June. Read on….

StockNews.com · Jun 6, 2023

Is Block Inc. (SQ) a Good Investment?

Payments company Block (SQ) posted solid growth in revenue, gross profit, and adjusted EPS in the first quarter of 2023, beating analysts’ expectations. Despite better-than-expected revenue and earnings, investors have been bearish about the stock amid Cash App’s fraud allegations. Let’s find out if it is wise to invest in…

StockNews.com · Jun 2, 2023