The Latest Breaking News from Street

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…

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.

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.…

The emergence of advanced technologies has the potential to enhance capability and boost the industrial sector demand in the coming future. Moreover, government initiatives are likely to keep the industry afloat. Hence, fundamentally strong industrial stocks BHP Group (BHP), Southern Copper (SCCO), and Carrier Global (CARR) might be smart buys…

The stock market witnessed significant volatility due to macroeconomic headwinds last year. While the market could remain under pressure in the near term, strong momentum stocks TotalEnergies (TTE), North American Construction (NOA), and Overseas Shipholding (OSG) might be able to sustain their gains, given their solid fundamentals. Therefore, these stocks…

With the Fed hiking the benchmark interest to the highest in 15 years, the stock market plunged significantly last year. However, the market is expected to rebound in 2023. So, it could be worth betting on under-the-radar stocks Dr. Reddy’s Laboratories (RDY), Berry Global (BERY), Aaron’s Company (AAN), and Karat…

While the Fed’s aggressive rate hikes this year have led to inflation colling in recent months, it is far beyond the Fed’s target rate. Moreover, amid mounting layoffs and recessionary concerns in the economy, it could be wise to invest in fundamentally strong stocks Broadcom (AVGO), Fortinet (FTNT), and Advanced…

Recessionary fears continue to weigh on investor sentiment as the central banks worldwide warn to keep raising interest rates. This is expected to keep the stock market under pressure. However, it could be wise to buy fundamentally sound and cheap stocks United Microelectronics. (UMC), Myers Industries (MYE), Hackett Group (HCKT),…

Although hopes of a Fed pivot have boosted investor sentiment, a global recession could hit next year. Against this backdrop, we think fundamentally strong large-cap stocks Synopsys (SNPS), The Hershey Company (HSY), Cintas Corporation (CTAS), and Fortinet (FTNT) are good investments for stable returns. Read on….