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Despite signs of cooling, inflation remains well above the Fed’s 2% target. Amid the potential for further rate hikes and an uncertain economic condition, seeking refuge in grocery retailer stocks could be wise. These stocks tend to perform steadily during economic downturns due to the inelastic demand for their products. Considering the recession-resistant nature of […]

Despite macroeconomic headwinds, the chemical industry is expected to witness significant growth and expansion in the long run, driven by strong demand for chemicals from several end-use industries and the integration of innovative digital technologies to revolutionize the space. Considering the chemical industry’s bright growth prospects, investors could add fundamentally sound chemical stocks NewMarket Corporation (NEU),

Despite a challenging and uncertain macroeconomic environment, Rolls-Royce Holdings plc (RYCEY) reported a strong fiscal 2022 financial performance. Headquartered in London, the United Kingdom, RYCEY designs and supplies power and propulsion solutions for critical applications in air, sea, and land. The company’s segments include Civil Aerospace; Defence; Power Systems; and New Markets. With the company

The rapidly expanding industrial activities worldwide and the robust demand for high-quality goods and improved production processes could help the industrial sector to maintain its growth trajectory in the upcoming years. Given the tailwinds, let us evaluate the prospects of two industrial companies. Applied Industrial Technologies, Inc. (AIT) is a leading value-added distributor and technical

While macroeconomic uncertainties may impede near-term growth, the long-term prospects of the tech industry remain bright amid government spending and digital transformation across industries. So, quality tech stocks Concentrix Corporation (CNXC), Indra Sistemas, S.A. (ISMAY), and ON24, Inc. (ONTF) could be worth buying. According to Gartner, Inc., global government IT services spending is expected to

As water shortage continues to spark tensions worldwide, the water industry is expected to witness robust demand. However, the current economic uncertainties present a set of challenges for the industry. So, while investors could consider quality water stock Consolidated Water Co. Ltd. (CWCO), I think it might be wise to avoid Cadiz Inc. (CDZI) and

The asset management sector’s long-term prospects look promising, driven by sustained demand for efficient utilization, tracking, and management of assets. Furthermore, the integration of emerging digital technologies in the asset management space provides several growth opportunities. Given the industry’s growth potential, it could be wise to invest in fundamentally sound asset management stocks Owl Rock

Despite being on the receiving end of stringent ESG standards, tobacco stocks have been significant wealth creators for investors over the past few decades. Since last year, high inflation has affected cigarette sales. However, with inflation easing considerably from last year’s peak, cigarette sales are likely to grow. Amid this backdrop adding fundamentally strong tobacco

Swift technological advances and innovation in production processes will likely boost the industrial sector. Therefore, I think quality industrial stocks Amada Co., Ltd. (AMDLY), Columbus McKinnon Corporation (CMCO), and Powell Industries, Inc. (POWL) might be ideal buys today. These stocks are rated an A (Strong Buy) in our proprietary rating system. Rapid technological advances are

Progress in the personalized medicines sector and the adoption of new avenues for biotechnology applications are boosting the biotech industry. However, concerns such as economic slowdowns and geopolitical risks might hamper its growth. Therefore, while I think quality biotech stocks Gilead Sciences, Inc. (GILD) and Regeneron Pharmaceuticals, Inc. (REGN) might be solid buys, Titan Pharmaceuticals,