The Latest Breaking News from Street

2 Industrial Stocks With Strong Buying Potential

Industrial production is expected to grow amid the government’s boost to enhance domestic production. Also, the adoption of newer, more advanced technologies is likely to drive long-term growth in the industrial sector. Therefore, it may be worth adding industrial stocks Allison Transmission Holdings (ALSN) and Apogee Enterprises (APOG) to your…

StockNews.com · Mar 27, 2023

1 EV Stock to Avoid in 2023 No Matter What

Macroeconomic issues have marred the Electric Vehicle (EV) industry to some extent. Given this backdrop, fundamentally weak and beaten down EV stock Lucid Group (LCID) might be best avoided in 2023. Read on….

StockNews.com · Mar 22, 2023

3 Software Stocks to Buy Before the End of March and 1 to Sell

Increased expenditure in the software sector should boost the industry’s growth. Hence, fundamentally strong software stocks Salesforce (CRM), Xperi (XPER), and Rimini Street (RMNI) might be worth buying. However, given the possibility of interest rate hikes, the fundamentally weak software stock Robinhood Markets (HOOD) might be best avoided. Keep reading.

StockNews.com · Mar 20, 2023

The 2 Best Tech Stocks and the 2 Worst

Although the technology industry has been under pressure due to macroeconomic headwinds, the industry is poised to witness substantial growth amid innovation and robust demand in the foreseeable future. While we think tech stocks Jabil (JBL) and Encore Wire (WIRE) could be wise additions to your portfolio in 2023, fundamentally…

StockNews.com · Feb 16, 2023

5 Biotech Stocks That Could Make You Rich in 10 Years

The biotech industry is rapidly growing amid rising private and government investments and technological advancements. Given the solid prospects of the industry, fundamentally strong biotech stocks Amgen (AMGN), Vertex (VRTX), United Therapeutics (UTHR), Jazz Pharmaceuticals (JAZZ), and Exelixis (EXEL) might be ideal long-term investments for steady returns. Keep reading.

StockNews.com · Feb 8, 2023

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs · Jan 23, 2023

2 Stocks Under $20 to Buy and Hold for Decades

Although a strong labor market and moderating inflation rates are improving investor sentiments, the Fed’s hawkish stance has raised concerns about a recession. Against this backdrop, investors might buy and hold quality stocks trading under $20, Stellantis N.V. (STLA) and LSI Industries (LYTS). Read on….

StockNews.com · Jan 20, 2023

Elon Musk And Others Warn Of Potential Auto Loan Crisis Ahead

There could be a major financial crisis coming to the auto industry thanks to the way auto loans have been handled over the past few years.

InsideEVs · Jan 12, 2023

4 Stocks Under $10 to Buy This Month

December’s job report showing steady job growth despite slowing wage inflation and analysts expecting inflation to have cooled further in the last month of 2022 are fueling optimism. So, we think this could be the right time to invest in quality stocks VEON (VEON), Berry Corporation (BRY), Rimini Street (RMNI),…

StockNews.com · Jan 11, 2023

4 Ridiculously Cheap Stocks to Buy in 2023

The stock market is expected to see a recovery in 2023. While value stocks are expected to outperform growth stocks this year as well, quality stocks, Mazda Motor (MZDAY), Good Times Restaurants (GTIM), Venus Concept (VERO), and Data Storage (DTST), which are trading at discounts, could be ideal buys now.…

StockNews.com · Jan 6, 2023