The Latest Breaking News from Santanu RoyHaving

5 Penny Stocks to Sell Before They Hit Zero

With the Fed’s meeting hot on the heels of an estimate-beating inflation figure, the market has braced itself for an aggressive interest rate hike. This spells trouble for beaten-down penny stocks whose underlying businesses look set to remain starved of funds required to keep them going. Thus, given their bleak…

StockNews.com · Sep 19, 2022

3 Terrible Stocks It's Time to Sell Short

Unrestrained inflation has been triggering a domino effect. The aggressive interest rate hikes by the Fed to bring prices down have been fueling recession fears and aggravating market volatility. Amid such turbulence, it could be wise to jettison fundamentally weak stocks Block (SQ), ChargePoint (CHPT), and Peloton (PTON) or sell…

StockNews.com · Sep 16, 2022

2 Reliable Drug Stocks to Buy and Hold for Big-Time Gains

Persistent rate hikes by the Fed and rising odds of a recession have aggravated market turbulence and led investors to seek refuge in defensive sectors such as healthcare. Defensive stocks tend to perform well in declining markets due to the steady demand for their products. Hence, consistent dividend-yielding drug stocks…

StockNews.com · Sep 15, 2022

2 Software Stocks That Are Better Investments Than Datadog

While it could be wise to find the buy-the-dip opportunities in software stocks following their recent selloffs, Datadog (DDOG) may not be a good choice because of its weak fundamentals. We think quality software stocks Microsoft (MSFT) and GoDaddy (GDDY) are better investments than DDOG instead. Keep reading….

StockNews.com · Sep 9, 2022

2 Stocks Pointing to More Drops Than Pops

Since interest rate increases and consequent market volatility look all set to persist, the near-term outlook seems bleak for fundamentally weak companies such as Rivian (RIVN) and Snap (SNAP). Let’s take a closer look at their plight. Read on….

StockNews.com · Sep 9, 2022

2 ETFs to Sell This Week as Investors Flock to Energy, Utility for Resilience

With aggressive interest rate hikes to control recession stoking apprehensions about an imminent slowdown, investors have been seeking refuge in the booming energy and resilient utility sectors. Hence, avoiding inverse ETFs Direxion Daily Energy (ERY) and ProShares UltraShort (SDP) tracking these sectors would be wise. Continue reading.

StockNews.com · Sep 7, 2022

2 Penny Stocks to Avoid Right Now Even at a Discount

With the recent market pullback in the aftermath of Jerome Powell’s speech at Jackson Hole, investors may be tempted to go bottom fishing. However, a rising interest rate environment may not be welcome news for developmental and fund-thirsty businesses with negative cash flows. Thus, given a foreseeably bleak outlook, it…

StockNews.com · Sep 7, 2022

3 Space Stocks That Aren't Ready for Takeoff Right Now

Although the space industry holds long-term promise as a domain with infinite possibilities, the progress of businesses in this sector has been hampered by short-term macro issues. Hence, it could be best to avoid beaten-down space stocks Maxar Technologies (MAXR), Virgin Galactic (SPCE), and Astra Space (ASTR) until they return…

StockNews.com · Sep 6, 2022

It's Never Too Late to Get in on These 3 High-Quality Stocks

The stock market is expected to remain under immense pressure in the near term as the Federal Reserve hints at reiterating its stance of raising interest rates until inflation falls to the target level. Given an uncertain economic outlook, investors may want to make their portfolios sturdy by adding high-quality…

StockNews.com · Sep 2, 2022

1 Fintech Stock to Avoid Right Now and 2 to Buy

Continued digitization of businesses and financial transactions would drive the fintech industry’s growth. However, economic uncertainties and geopolitical headwinds have weighed heavily on investors’ sentiment surrounding fintech stocks. So, this may be the right time to offload fundamentally weak fintech stock Block (SQ) and load up promising industry participants Everi…

StockNews.com · Aug 31, 2022