The Latest Breaking News from Kritika SarmahHer

Financial service company SOFi’s (SOFI) shares have slumped over the past month and are trading below their 50-day and 200-day moving averages. While fundamental weakness is the key reason for the decline, let’s find out if this is the right time to invest in the stock.

The increased investment in infrastructure development and government spending should drive the industrial sector’s growth. Given its solid long-term prospects, fundamentally strong industrial stocks Honeywell International (HON), Caterpillar (CAT), and Ryder System (R) might be worth investing in now. Continue reading.

The tech industry’s outlook looks promising due to businesses’ accelerated adoption of AI, the rising demand for cloud services, and rapid digitalization across sectors. Hence, fundamentally strong tech stocks Cisco Systems (CSCO) and Jabil (JBL) which pay reliable dividends, might be ideal buys for the long term. Keep reading.

Rapid digitalization and government initiatives are boosting the US internet industry. Hence, fundamentally strong internet stock Expedia Group (EXPE) might be an ideal buy this week. However, as supply chain issues and cyberattacks continue challenging the industry, fundamentally weak ContextLogic (WISH) might be best avoided. Read more.

Despite the banking industry crisis, the Fed is expected to launch another rate hike next week as it remains committed to bringing inflation down. Therefore, fundamentally weak stocks Snap (SNAP), Peloton Interactive (PTON), and Tilray Brands (TLRY) might be best avoided as they might plunge further. Keep reading.

The airline industry is anticipated to report profits this year, but its near-term prospects appear uncertain. While fundamentally strong airline stocks Deutsche Lufthansa (DLAKY) and Qantas Airways (QABSY) might be solid buys, Spirit Airlines (SAVE) and Virgin Galactic (SPCE) might be best avoided, given their poor fundamentals and growth prospects.…

Pharma giant Pfizer (PFE) had a successful fiscal year 2022 with record-breaking revenue and earnings. Moreover, its recent acquisition should boost its portfolio and revenue. Given the market volatility, this fundamentally strong stock might be an ideal buy for under $50. Keep reading.

The solid financials and the efforts of Salesforce (CRM) to support the digital transformation of its customers worldwide have positioned the company for substantial growth this year. Moreover, the company has launched a new AI product, joining the trend with other major tech firms. However, is it too late to…

Rapid advancements in technology, increasing government investments, and a growing preference for public transportation are contributing to the growth of railroad sector. Therefore, fundamentally sound railroad stocks Canadian National Railway (CNI) and Westinghouse Air Brake Technologies (WAB) might be worth adding to your watchlist. Let’s discuss.

The US agriculture sector is expected to grow with continued support from the government and technological advancements. Hence, the fundamentally strong agricultural stock Archer-Daniels-Midland (ADM) might be an ideal buy now. However, since issues like climate change, high fertilizer prices, and labor shortage continue to impact the industry, fundamentally weak…

Following Fed Chair Jerome Powell’s testimony on monetary policy last week and February’s job report showing more job creation than expected, the probability of the Fed increasing interest rates have risen. However, given the rosy long-term prospects of the tech industry, fundamentally strong stocks Fortinet (FTNT), Teradata (TDC), and Box…