StockNews.com

Amidst macroeconomic issues, the tech sector remains a standout performer this year, exemplified by the NASDAQ Composite’s impressive 29% year-to-date increase. Therefore, take a look at some of the top tech ETFs, Vanguard Communication Services ETF (VOX), First Trust NASDAQ Technology Dividend Index Fund ETF (TDIV), and ETFMG Prime Cyber Security ETF (HACK), which also […]

The aerospace and defense sector gained immense traction following Russia’s invasion of Ukraine last year. As the war drags on and the nuclear threat grows, governments of several nations continue to ramp up their defense spending budgets. Therefore, it could be an opportune time to invest in fundamentally sound defense stocks RTX Corporation (RTX), Northrop

The automotive industry has made a solid comeback thanks to the resilience in consumer purchases and easing inflation figures. Moreover, with the recent month’s strength, the outlook for the remainder of the year remains positive into 2024. Given the favorable industry backdrop, investors are eyeing these three quality auto stocks Valeo SE (VLEEY), Standard Motor

Despite the inflationary pressure and uncertain macroeconomic environment, the grocery industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Rising prices usually do not deter consumers from spending on essentials, keeping the overall demand stable for this sector. Given the

Despite economic uncertainties, the grocery retail industry is expected to remain resilient due to inelastic demand for its products. So, quality grocery stocks Walmart Inc. (WMT), PriceSmart, Inc. (PSMT), and Ingles Markets, Incorporated (IMKTA) could be wise additions to your portfolio now. Retail sales in the US rose 0.2% month-over-month in June 2023, following an upwardly

Intel Corporation (INTC), a leading giant in the U.S. semiconductor industry, reported impressive results for the fiscal second quarter of 2023. This notable upswing is fueled by the rejuvenated personal computer market. The company has remarkably exceeded analysts’ predictions, bouncing back from two successive quarters of extraordinary losses. The personal computer market has experienced a

The growing adoption of public and hybrid-based cloud-based services by enterprises to push digitalization across industries would increase SaaS demand substantially. In addition, SaaS solutions have been undergoing significant changes as emerging technologies are integrated to improve proficiency and intelligence across organizations. Given the industry tailwinds, investing in fundamentally sound SaaS stock Vimeo, Inc. (VMEO)

As demand for innovative, efficient, and powerful hardware and software solutions continues to rise, the tech sector is poised for a prosperous future despite facing short-term challenges posed by the high-interest rate environment. Therefore, it could be worth watching tech stocks Dell Technologies Inc. (DELL), TDK Corporation (TTDKY), and KVH Industries, Inc. (KVHI), which have

The railroad industry is expected to grow due to increased cross-border trade and industrialization. So, investing in quality railroad stocks Westinghouse Air Brake Technologies Corporation (WAB), West Japan Railway Company (WJRYY), L.B. Foster Company (FSTR), and GATX Corporation (GATX) could be worth it now. Growing global commerce and industrialization have created enormous opportunities for the

Oil producer Exxon Mobil Corporation (XOM) reported fiscal 2023 first-quarter earnings, exceeding analyst forecasts. The earnings got a boost from solid oil and gas production growth. But crude oil prices have been dropping recently, pulling oil stocks, including XOM. Given XOM’s mixed financials, elevated valuation, and bleak near-term outlook, it seems prudent to wait for