Amid the bear market, hedge funds have been buying shares of Merck & Co. (MRK) and Pfizer (PFE). This, along with the strong fundamentals and growth prospects of these stocks,…
Author archives: Dipanjan Banchur
Is This Industrial Stock Still a Buy Amid Recent Selling Pressure?
Industrial stock Fastenal (FAST) has witnessed significant selling pressure lately despite reporting a year-over-year increase in its revenue and earnings for the last quarter. Although the company managed to offset…
2 Killer Stocks No One Is Talking About Right Now
Amid uncertain market conditions, it becomes increasingly difficult for investors to find stocks that can survive the challenges and deliver solid returns. Fundamentally sound stocks Enterprise Products Partners (EPD) and…
Insider Buying Sends Annexon Stock Higher. But Does That Make It a Buy?
Shares of Annexon (ANNX) have gained more than 35% since an insider increased shareholding in the company earlier this month. Usually, insider buying is considered a positive sign for the…
Pepsi Kicked off Earnings Season With a Bang. Buy It Now or Wait?
PepsiCo (PEP) surpassed Wall Street earnings and revenue estimates for its fiscal second quarter and raised its revenue outlook despite the economy suffering multi-decade high inflation. The company believes costs…
This EV Stock More Than Doubled After Key Order From Walmart. But Is It a Buy?
Last week, Walmart signed a definitive agreement with Canoo (GOEV) to buy 4,500 all-electric delivery vehicles, leading to a surge in its stock price. However, GOEV has had a track…
Is Now the Time to Buy These Poor-Performing Stocks?
The stock market sell-offs triggered by macroeconomic and geopolitical issues since the beginning of the year have led to many stocks delivering poor performance. Although the correction was broad-based, Etsy…
This Bank Stock Could See a Boost From Its Addition to Russell 2000
Unity Bancorp (UNTY) was recently added to the Russell 2000 index. A stock’s addition to an index usually leads to an increase in buying of the stock as several index…
2 Oversold Stocks Investors Will Want to Buy Before They Blast Off
The stock market sell-offs triggered by macroeconomic and geopolitical issues since the beginning of the year have driven many quality stocks into the oversold territory. So, it could be wise…
Musk Wants to End Deal With Twitter. What Does It Mean for the Stock?
Elon Musk is officially seeking to walk out of the deal to buy out Twitter (TWTR) for $54.20 per share after TWTR failed to disclose the number of spam accounts…