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Continued advancements in technology make the technology industry one of the most closely tracked sectors for investment. While this could be the right time to invest in the space, the high-interest rate environment could have varied impacts on different tech businesses, making it risky to invest in specific stocks. Moreover, given their enormous growth potential, […]

With sustained demand for new vehicles, a growing global transition to electric vehicles (EVs), the rapid adoption of digital technology, and the introduction of e-commerce platforms, the automotive industry is well-positioned for significant growth in the long term. Given the industry tailwinds, it could be wise to invest in robust auto stocks AB Volvo (publ)

In the forthcoming report from Marvell Technology, Inc. (MRVL), Wall Street analysts project quarterly earnings of $0.40 per share, representing a 29.6% plunge from the same period in the previous year. Revenue forecasts also suggest undulations as takings are expected to come in at $1.40 billion, a year-over-year drop of 8.9%. Economic fluctuations and a

In this article, I have evaluated prominent software stocks, Microsoft Corporation (MSFT) and Datadog Inc. (DDOG), to determine November projections.  After thoroughly evaluating these stocks, I think while MSFT could be a solid buy, waiting for a better entry point for DDOG could be ideal for the reasons discussed in this article. A surge in

The luxury industry is expected to flourish due to rising consumer spending and a growing demand for premium experiences and products, particularly in emerging markets. So, investors could watch quality luxury stocks Victoria’s Secret & Co. (VSCO), Fossil Group, Inc. (FOSL) and Macy’s, Inc. (M) during the holiday season. Before delving deeper into their fundamentals,

Despite economic challenges, the industrial machinery sector is thriving, powered by industrialization, automation, and smart manufacturing. Notably, increased government investments in local manufacturing and infrastructure are significantly driving the demand for industrial machinery. Amid these favorable tailwinds, it could be wise to invest in fundamentally strong industrial machinery stocks: The Japan Steel Works, Ltd. (JPSWY),

The internet sector is expected to grow steadily due to increasing digitization and government initiatives to make the internet available to all. Also, increased demand for online services and e-commerce platforms is adding to the internet industry’s growth. Therefore, it could be wise to own fundamentally strong internet stocks Amazon.com, Inc. (AMZN), Alphabet Inc. (GOOGL)

Home improvement retailing giant The Home Depot, Inc. (HD) is set to report its third-quarter earnings tomorrow. Home improvement chains like HD are expected to post weak quarterly sales as small-scale repair work and renovations dampen amid economic uncertainty. HD is expected to post a 3.3% decline in quarterly same-store sales for the third quarter,

TransDigm Group Incorporated (TDG) supplies aircraft components internationally. After a robust third-quarter result, the company expects its fiscal 2023 adjusted earnings per share between $24.94 to $25.36, higher than its previous forecast of $23.31 to $24.19. It also raised its net sales forecast for the year to a range of $6.53 billion-$6.59 billion from the

Calgary, Canada-based integrated energy company Suncor Energy Inc. (SU) is set to report its third-quarter results on November 8. The company has come under fire after a statement raised concerns that the company is backtracking from its climate pledges. However, the company has reiterated its net-zero emission goal by 2050. Last month, SU announced it