Persistently high inflation and other economic uncertainties continue to spook investors. Amid this environment, we think investors should consider investing in companies that offer products and services that face inelastic demand and whose stock provides stable returns in the form of dividends. Therefore, it could be wise to bet on dividend stocks Anthem (ANTM), Enterprise … Read more
The recent market correction caused by surging inflation, the Fed’s hawkish stance, and fears of an economic slowdown have taken a massive toll on investor sentiment. While, amid the market downturn, Wall Street Analysts have raised the price targets for McKesson (MCK), GoDaddy (GDDY), and LyondellBasell Industries (LYB). So, let’s take a closer look at … Read more
The stock market closed in the red yesterday as concerns about inflation again spooked investors. Blue-chip stocks are known for their rich history of sustained gains. Hence, we think blue-chip names Walmart (WMT), AbbVie (ABBV), Cigna Corp (CI), International Business Machines (IBM), and Johnson & Johnson (JNJ), whose stocks have outperformed the broader market this … Read more
Although the travel industry rebounded from its pandemic lows last year with the lifting of COVID-19 restrictions, rising inflationary pressure and a potential recession due to the Fed’s hawkish stance have driven a massive stock market sell-off lately, causing many travel stocks to enter oversold territory. However, increasing advanced bookings for summer vacations will likely … Read more
Nearly 1 in 5 Americans didn’t save any money in 2021. If you’re one of them and determined to double your savings account by next year, there’s one thing you need to do. First, though, visualize success. Imagine for a moment that you wake up to see your savings account is double the amount it … Read more
The stock market has been under pressure of late for various macroeconomic and geopolitical reasons. Investors are primarily worried now that the Fed’s aggressive monetary policy tightening to time surging inflation could tip the economy into recession. We think investors who believe the market has still to hit bottom even after a significant decline so … Read more
Shares of money transfer services provider Western Union (WU) have tumbled recently on the back of a broader market dip and concerns surrounding halting of its operations in Russia and Belarus. Although strategic partnerships could help expand its global network significantly, a decline in retail money transfers and expenses related to the recent divestiture of … Read more
Yes, I know that this commentary normally comes out Friday evenings. But life got in the way yesterday and had to push it out to this morning. Gladly the S&P 500 (SPY) was closed and we do not miss a beat on getting ready for the week ahead. Speaking of which, from here I see … Read more
This story originally appeared on Due Money management is an important life skill that everyone should learn. Unfortunately, many people go through life without ever learning about personal finance. That’s why it’s important to start teaching your kids about money early on. There are a lot of great financial literacy books for kids and teens … Read more
According to experts, the Federal Reserve’s efforts to control surging inflation by raising interest rates and reducing the size of its balance sheet could eventually tip the nation’s economy into a recession. Furthermore, a plunge in GDP in the first quarter has amplified the risk of a recession this year. So, we think investors could … Read more