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3 Best Recession-Proof Stocks to Own

Amid fears of recession soaring, investors are loading up defensive stocks to safeguard their portfolios. Gold, often touted as a ‘safe-haven’ asset during uncertain times, could be a wise choice now, and hence, fundamentally strong gold stocks Gold Fields (GFI), Alamos Gold (AGI), and DRDGOLD (DRD) could be solid portfolio…

StockNews.com · May 10, 2023

3 Best Energy Stocks to Buy Now

Increased oil demand from China amid production cuts could raise the growth prospects for the energy sector. Given this backdrop, quality energy stocks North American Construction Group (NOA), Ranger Energy Services (RNGR), and Graham Corporation (GHM) could be solid portfolio additions now. Read on….

StockNews.com · May 9, 2023

The Best Oil and Gas Stock to Buy Right Now

Constrained supplies and soaring demand for oil and gas have created enduring tailwinds for the energy sector. In addition to the industry tailwinds, prominent energy stock Marathon Petroleum’s (MPC) impressive fundamentals could make it a solid buy this summer. Read on….

StockNews.com · May 9, 2023

These 2 Utility Stocks Are Poised for Strong Growth in May

Utility stocks are considered low-risk defensive investment options, which makes them stable choices in times of uncertainty. Given the strong performance of the utility industry, poised to witness solid growth in the foreseeable future, quality utility stocks Centrica plc (CPYYY) and Pampa Energía S.A. (PAM) might be wise portfolio additions…

StockNews.com · May 4, 2023

The Dark Side of Precious Metals: 2 Stocks You Should Stay Far Away From

Even though economic uncertainties set a stage for stable and positive growth for precious metals, one could avoid investing in stocks Skeena Resources (SKE) and Argonaut Gold (ARNGF), with bleak prospects now. Read on….

StockNews.com · May 3, 2023

The E-Commerce Boom Is Still in Effect With 3 Stocks Capitalizing on Online Shopping

With the rising adoption of advanced technology, e-commerce has gained widespread prominence and is poised to remain buoyed owing to the convenience it offers. Given this backdrop, quality e-commerce stocks Ulta Beauty (ULTA), eBay (EBAY), and Yatsen Holding (YSG) could be solid buys now. Read on….

StockNews.com · May 3, 2023

3 Energy Companies Seeing Strong Growth

Amid increasing demand for oil and gas, the energy drilling industry is poised to maintain its positive growth trajectory. Given this backdrop, quality energy drilling stocks Patterson-UTI Energy (PTEN), Nabors Industries (NBR), and Precision Drilling (PDS) could be wise portfolio additions now. Read on….

StockNews.com · May 2, 2023

Fool's Gold: Why These 2 Stocks Are Not Worth Your Investment

While gold’s “safe-haven” appeal increases during uncertain economic conditions, it could be wise to avoid fundamentally weak gold stocks GoldMining Inc. (GLDG) and Blackrock Silver (BKRRF) amid potential price pressure the precious metal might witness in the near term. Read on to find more….

StockNews.com · May 2, 2023

Don't Miss out on These 2 Tech Stocks That Are a Steal Right Now

Even though not completely immune from the existing macroeconomic headwinds, the tech industry is well-positioned to witness significant growth in the foreseeable future due to persistent demand for advanced digital technology. Given this backdrop, cheap tech stocks Viavi Solutions (VIAV) and Eutelsat Communications (ETCMY) could be wise portfolio additions now.…

StockNews.com · Apr 28, 2023

Sell: 3 Worst Value Stocks to Avoid in the Current Market

Even though the Fed’s interest rate hikes are anticipated to pause soon, considering the looming recessionary fears triggered by the macroeconomic headwinds, it could be wise to avoid fundamentally weak stocks Norwegian Cruise Line Holdings (NCLH), First Majestic Silver (AG), and Desktop Metal (DM) now. Continue reading….

StockNews.com · Apr 28, 2023