The Latest Breaking News from Santanu RoyHaving

1 Financial Stock to Buy in October and 1 to Sell

With the Federal Reserve seemingly on track to approve another 75-basis-point interest rate hike in its meeting next month, financial stocks are well-positioned to benefit through increased interest income. Hence, investing in the fundamentally sound financial stock CURO Group Holdings (CURO) could be wise. However, struggling industry participant PayPal Holdings…

StockNews.com · Oct 17, 2022

2 "Strong Buy" Stocks That Have Crushed the Market in 2022

Contrary to the general theme of doom and gloom in the markets battered by macroeconomic and geopolitical headwinds, energy stocks APA Corporation (APA) and Unit Corporation (UNTC) have delivered stellar returns to investors thanks to high energy prices. These stocks are rated “Strong Buy” in our proprietary rating system. Read…

StockNews.com · Oct 14, 2022

2 Energy Stocks That Are Too Cheap to Ignore in Q4

Despite fears of recession due to aggressive interest rate hikes by most central banks worldwide, the supply cuts by major oil-producing countries are expected to keep energy prices elevated. Therefore, it may be the right time to load up on fundamentally strong energy stocks, Energy Transfer (ET) and Birchcliff Energy…

StockNews.com · Oct 14, 2022

2 Tech Stocks to Consider Buying Over NVIDIA

Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are better…

StockNews.com · Oct 10, 2022

2 Stocks with Plenty of Room to Get Bigger

With another solid employment report for September undermining the Fed’s persistent efforts to fight inflation, the borrowing costs are expected to increase further with another significant rate hike next month. However, businesses with enough scope for further market penetration are better placed to endure near-term macro headwinds. It could be…

StockNews.com · Oct 10, 2022

3 Stocks With Growth Potential You Won't Want to Miss

The Federal Reserve’s single-minded battle against inflation is expected to keep the stock market volatile and the economy teetering on the brink of a recession. However, companies with resilient and profitable businesses might be able to endure the near-term challenges. Hence, we think it could be wise to invest in…

StockNews.com · Oct 7, 2022

3 Lumber Stocks to Watch as Prices Hit Pre-Pandemic Lows

Lumber prices are retreating from their 2021 highs due to weakening housing demand and uncertain macro conditions. The current environment would only favor companies with fundamental strength and well-entrenched businesses. Hence, we suggest adding fundamentally strong lumber stocks UFP Industries (UFPI), Boise Cascade (BCC), and Canfor (CFPZF) to your watchlist.…

StockNews.com · Oct 6, 2022

2 Stocks Cathie Wood Keeps Buying That You Shouldn't

The Fed’s consecutive rate hikes to control inflation has created an unfavorable macroeconomic climate for growth tech stocks. Since Cathie Wood and her firm Ark Invest have significant exposure to such businesses, the near-term outlook seems bleak for her investments. Hence, we think it could be wise to avoid fundamentally…

StockNews.com · Oct 6, 2022

2 Stocks to Buy Right Now if You're 50 or Older

With investors fretting about the fate of the global economy amid aggressive interest rate increases, the stock market seems stuck in a vicious loop of volatility. Hence, fundamentally strong stocks with a track record of increasing dividend payouts, Bristol-Myers Squibb (BMY) and CVS Health (CVS), could be considered safe investments…

StockNews.com · Oct 5, 2022

3 Blockchain Stocks to Sell Before They Lose Even More Ground

Despite blockchain’s massive potential due to its decentralized nature and wide-ranging application, the macroeconomic headwinds have kept blockchain stocks under pressure along with other technology stocks. Furthermore, blockchain’s near-term prospects look bleak as cryptocurrency, its most popular use case, is witnessing significant declines amid regulation issues and increased skepticism. Hence,…

StockNews.com · Oct 3, 2022