Railroad company CSX Corporation’s (CSX) financials surpassed analyst estimates in the third quarter, defying market uncertainties. Moreover, Wall Street analysts expect the stock to grow more than 10% in the…
Category archives: Stocks
Is This Beauty Retailer Stock a Buy for Attractive Returns This Fall
Shares of Beauty retailer Ulta Beauty (ULTA) have outperformed the major benchmark indexes this year. The company reported impressive results for the fiscal second quarter and raised its outlook for…
Bet on the Auto Industry With This Little-Known Chip Stock
Automotive chipmaker STMicroelectronics (STM) continued its business momentum in the third quarter, with double-digit revenue growth driven by sustained demand. Moreover, analysts are bullish about the company’s growth prospects. Given…
Bear Market Rally…or Oversold Bounce?
The S&P 500 (SPY) is up more than 10% over the last 2 weeks, and it’s confirmation that this is more of a ‘bear market rally’ rather than an oversold…
Buying This Consumer Staples Stock in Q4 Is a Great Idea
Leading food and drug retailer Albertsons (ACI) recently entered a merger agreement with Kroger (KR), which is expected to add substantial value to the company and its shareholders. The fundamental…
3 Stocks to Buy That Have Been on Fire This Year
While the S&P 500 declined more than 18% year-to-date on concerns over several macroeconomic and geopolitical headwinds, shares of Energy Transfer LP (ET), Casey’s General Stores (CASY), and Universal Logistics…
3 Growth Stocks to Check out if You’re Feeling Greedy
As the market prepares for another supersized rate hike this week, many are expecting a slowdown in the Fed’s rate hike campaign in the near term. Moreover, Wall Street registered…
The Best Stock to Buy in the Strongest Sector Right Now
Grocery retailer Kroger (KR) reported solid second-quarter financials and raised its full-year guidance. The company’s consistent performance amid the current macroeconomic headwinds reflects the non-cyclical nature of its sector and…
2 Stocks That Give Downside Protection in Troubled Times
With inflation still hovering around the multi-decade high and the U.S. economy expanding in the third quarter, a further aggressive interest rate increase is on the cards this week. With…
1 Stock That’s Not a Bargain Despite Being Down 53% in 2022
Popular chip maker NVIDIA (NVDA) is currently struggling to keep up its sales amid government restrictions and weakening demand. Although the stock has lost 53% in 2022, it’s still not…