Increased spending in the software sector is expected to drive growth in the industry. Therefore, it may be worth buying fundamentally strong software stocks like Salesforce (CRM), Xperi (XPER) and Rimini Street (RMNI). However, given the possibility of interest rate hikes, the fundamentally weak Robinhood Markets (HOOD) software stock may be best avoided. Keep reading. … Read more
After the recent bank failures, the Fed is at a policy crossroads, weighing strong economic data against jittery capital markets. In the midst of an inflationary environment, grocery stocks tend to do better than others, given the inelastic demand for their products. Therefore, Walmart (WMT) and Costco Wholesale (COST) quality grocery stocks can be ideal … Read more
Shares in financial services company SOFi (SOFI) have tumbled over the past month and are trading below their 50-day and 200-day moving averages. While fundamental weakness is the main reason for the decline, let’s find out if this is the right time to invest in the stock. The Federal Reserve is expected to continue raising … Read more
Having a good work ethic and pursuing a worthwhile career are important benchmarks in life. However, it’s also important to make sure you have a life outside of the office. A good work-life balance helps ensure longevity. You can better manage stress and fatigue if you’re not always on the clock, both mentally and physically. … Read more
At the end of last week’s edition, I told everyone to fasten their seat belts. I didn’t expect one of the global systemically important banks (G-SIBs) to end up on the brink. And Friday is a rare market event known for its price swings. So buckle up! Let’s understand what this means for the S&P … Read more
If you weren’t already bearish, it might be time to reconsider your stock market (SPY) outlook. As you’ll discover in today’s commentary, even the best case scenario for the recent banking worries is still likely to push the economy into recession, which leads to a deeper bear market. Read the full story below, including a … Read more
Managing pairs traded in the POWR Options manner is likely to increase the probability of profit. We have discussed in several previous articles the benefits of a pairs trading approach. A pairs trade is simply taking a bullish position on the stock that you think will outperform a similar stock that you take a bearish … Read more
The number of women entrepreneurs is growing rapidly. In truth, in 2021, 49% of new businesses were started by women, up from 28% in 2019, according to a survey by HR services firm Gusto. According to the US Census Bureau, in 2020, 21.4% of all US companies were owned by womenand these companies employed 10.9 … Read more
Canadian cannabis producer SNDL (SNDL) has made several acquisitions to support its growth. Although the company witnessed solid revenue growth in its last reported quarter, its profitability was in the red. The company’s return to profitability remains uncertain. Also, given the regulatory challenges, I think this fundamentally weak stock is best avoided right now. Read…. … Read more
Prospects for the tech industry look promising as a result of accelerated adoption of AI, cloud services and rapid digitization by businesses. Given the promising prospects of the sector, quality stocks Dropbox (DBX), Spirent Communications (SPMYY) and AudioCodes (AUDC) could be good additions to your portfolio. These shares are currently trading below $20. Read on. … Read more
