The Latest Breaking News from PPC

Given the expected market turbulence caused by elevated inflation and aggressive interest rate hikes, investing in fundamentally sound stocks Sysco (SYY) and Pilgrim's Pride (PPC) could help cushion one’s portfolio. Read on to learn more.

After two consecutive quarters of economic contraction, a slight decline in inflation, a red-hot job market, and improved consumer sentiment have renewed investors’ confidence in the market. However, since the market is expected to remain volatile on concerns over a possible recession, it could be wise to invest in Broadcom…

The Fed officials are supporting another big rate hike this month to tame inflation, adding to the recession worries. Amid the recessionary pressures, consumers turn their spending to necessary items like food. Hence, we think food makers Pilgrim’s Pride (PPC) and Sanderson Farms (SAFM) might be solid buys. Read on….

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…