The Latest Breaking News from Robust Financials

Aerospace and defense major The Boeing Company (BA) announced disappointing third-quarter revenue and earnings. The company suffered due to its fixed-price defense development programs. Also, its near-term prospects look bleak. Thus, investors could instead consider buying Lockheed Martin (LMT) due to its robust financials, solid dividends, and strong order book.…

Automotive chipmaker STMicroelectronics (STM) continued its business momentum in the third quarter, with double-digit revenue growth driven by sustained demand. Moreover, analysts are bullish about the company’s growth prospects. Given STM’s robust financials, favorable analyst estimates, high profitability, and discounted valuation, it could be wise to invest in the stock…

With analysts forecasting a recession later this year, investors should consider investing in almost recession-proof stocks. To that end, it could be wise to consider investing in drug store operator Walgreens Boots Alliance (WBA) as the demand for drugs remains stable irrespective of the economic conditions. With robust financials and…

Shipping stock FedEx Corporation (FDX) has guided decent earnings improvement for fiscal 2023 despite the current supply chain headwinds. The stock is currently trading at a discount to its peers. Given the company’s robust financials, favorable analyst estimates, and higher-than-industry profitability, it could be wise to buy the stock now.…

One of the world’s largest automobile companies Volkswagen AG (VWAGY), has ambitious plans to be a major electric vehicle (EV) manufacturer and is investing significantly in expanding and improving its EV capabilities. Given its robust financials, discounted valuation, and higher-than-industry profitability, it could be wise to invest in the stock…

With analysts forecasting a recession later this year, investors should consider investing in dividend-paying stocks to generate a solid passive income. Canadian Natural Resources (CNQ) is a high-rated dividend leader, trading much below its 52-week high. Given its robust financials and higher-than-industry profitability, it could be ideal to buy the…

The Fed has undertaken three interest rate hikes so far this year and is expected to raise the rates further in the upcoming months. The rising interest rate environment makes the backdrop favorable for financial companies. Therefore, under-the-radar financial stock Nelnet (NNI), which possesses robust financials and higher-than-industry profitability, should…

Travel is expected to boom this summer despite concerns about inflation and high gas prices because COVID-19 restrictions have eased. So, given its robust financials and a reasonable valuation, would it be wise to bet on TravelCenters of America (TA) to capitalize on the favorable industry trends? Read on to…

Shares of Forestar Group (FOR) are trading well below their 52-week price high. But considering the company’s robust financials and solid revenue and earnings growth potential, would it be wise to buy the stock now? Read on to learn our view.