Riddhima is a financial journalist with a passion for analyzing financial instruments. With a master's degree in economics, she helps investors make informed investment decisions through her insightful commentaries.
The U.S. 2022 fourth-quarter GDP growth surpassed estimates and induced fresh optimism. On the other hand, the biotech industry is expected to witness robust demand despite macro uncertainties. So, given the stable prospects of the biotech sector, quality stocks Amgen (AMGN), BioNTech (BNTX), Exelixis (EXEL), and Taisho Pharmaceutical (TAIPY) could be worth keeping an eye on in 2023. Keep reading... Jan 30, 2023| 7:59am
While Bed Bath & Beyond (BBBY) has been gaining traction lately, Wall Street analysts see a potential downside of nearly 60% in the near term. Moreover, the company recently initiated its latest round of layoffs. So, is BBBY still not worth buying? Let’s find out... Jan 25, 2023| 10:12am
The healthcare industry usually holds up well in times of uncertainty, thanks to the inelastic demand for their products and services. As macroeconomic uncertainties related to the high inflation and a potential recession remain, quality stocks Humana (HUM), NextGen Healthcare (NXGN), and InfuSystem (INFU) might be ideal buys now. Keep reading... Jan 25, 2023| 8:12am
Odds of the Fed slowing down on its rate hike aggression have been rising amid cooling inflationary pressures. Moreover, experts now see chances of the economy avoiding a recession. Therefore, investors might consider buying quality penny stocks ARC Document (ARC) and Rave Restaurant (RAVE) in 2023. Keep reading... Jan 24, 2023| 12:46pm
Amid easing inflation numbers, the Fed is expected to slow down its rate hike aggression in 2023. Moreover, the stock market might witness a recovery this year. Given the favorable outlook, investors should consider buying dirt-cheap yet quality stocks Ambev (ABEV), VEON (VEON), and Cidara Therapeutics (CDTX) in 2023. Keep reading... Jan 24, 2023| 8:55am
Cisco (CSCO) surpassed revenue estimates by more than $300 million in its last reported quarter. Despite the broad market sell-off, it has gained 6% over the past six months. Moreover, Wall Street analysts see an upside potential of nearly 17% for the near term. Therefore, CSCO might be a quality stock to own in 2023. Let’s discuss this in detail… Jan 23, 2023| 11:58am
Despite mass layoffs, the U.S. economy looks resilient enough to avoid a recession. Moreover, consumer sentiment remains pretty robust. Therefore, investors could consider buying quality stocks CVS Health (CVS), McKesson (MCK), and Archer-Daniels-Midland (ADM), which look poised to soar this year. Keep reading... Jan 23, 2023| 8:52am
SaaS stock DocuSign (DOCU) reported steady top-line growth in its last reported quarter. However, it has lost more than 57% over the past year and is currently trading under $55. Moreover, with its bottom line in the red, will it be wise to buy DOCU now? Let’s find out... Jan 20, 2023| 12:54pm
The declining inflation, expected slower rate hikes, and a tight labor market are raising hopes of the economy achieving a soft landing. Moreover, the stock market is expected to recover this year. Therefore, investors could consider buying quality stocks United Microelectronics (UMC), Yext (YEXT), and Xperi (XPER), which are currently trading under $20. Keep reading… Jan 20, 2023| 8:20am
Visa’s (V) top and bottom line witnessed more than 20% year-over-year growth in the last fiscal year despite the macro uncertainties. The stock has delivered steady returns over the past months. Moreover, Wall Street analysts see a more than 12% upside potential in the stock. So, let’s find out whether you should invest in the stock now… Jan 18, 2023| 2:45am