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The COVID-19 pandemic and subsequent restrictions imposed on our outdoor existence was a massive windfall for businesses whose offerings were tailored to help their customers stay operational remotely and indoors. While the virus is still surviving at large, the severity of its effects has decreased significantly. Therefore, most of the global community has begun to […]

The Fed recently announced its fourth consecutive 75-bps rate hike and is expected to implement further hikes in the near term. Federal Reserve Chair Jerome Powell believes, “It’s very premature, in my view, to think about or be talking about pausing (rate hikes).” Consequently, the interest rate-sensitive and tech-heavy Nasdaq composite has lost 4.7% over

Amid the Fed’s aggressive rate hikes, internet stocks have witnessed a substantial decline in investor attention, as evident from the First Trust D.J. Internet Index ETF’s (FDN) 7.8% loss over the past month and 47.5% decline year-to-date. E-commerce and tech-giant Amazon.com, Inc. (AMZN) has lost 22.9% over the past month and 46.4% year-to-date. Moreover, the

Amid uncertain economic conditions, investors looking for a steady income stream and long-term capital appreciation could consider buying Verizon Communications Inc. (VZ), as the company pays reliable dividends and possesses solid growth prospects. VZ provides communications, technology, information, and entertainment products and services worldwide to consumers, businesses, and governmental entities. The company operates through Consumer

Healthcare service provider McKesson Corporation (MCK) has returned $1.60 billion of cash to shareholders in the first six months of the fiscal year. This included $1.50 billion of common stock repurchases and $139 million in dividend payments. Moreover, on October 27, MCK declared a regular dividend of 54 cents per share of common stock, payable

Despite the ongoing chip shortage and other supply chain disruptions, the auto industry continues to witness sustained demand, driven by the growing adoption of electric vehicles (EVs) and supportive government policies. Given the favorable industry backdrop, shares of automotive chipmaker STMicroelectronics N.V. (STM) have seen considerable investor interest lately because of its fundamental strength and

The consumer staples sector comprises companies that enjoy steady demand for their products regardless of business cycles. Despite increased fears of an economic slowdown, investors consider this sector safe since consumers cannot cut back on necessities even in a recession. Within this resilient sector, Kroger Co. (KR) could be one of the best investment options

Floor & Decor Holdings, Inc. (FND), which operates as a multi-channel specialty retailer and commercial flooring distributor of hard surface flooring and related accessories, belongs to the veteran investor Warren Buffett’s portfolio. As of June 30, 2022, Buffett’s holding company Berkshire Hathaway Inc. (BRK.A), held a 4.5% stake in FND.           Despite securing a place in

The technology industry has been bearing the brunt of the Fed’s aggressive interest rate hikes this year. Concerns over rising borrowing costs and slowing demand have led to tech stocks witnessing massive sell-off since the beginning of the year. The tech-heavy Nasdaq has lost close to 30% year-to-date. The latest disappointing third-quarter earnings and weak

The U.S. Gross domestic product rose by an annualized rate of 2.6% during the third quarter, according to initial estimates released by the Bureau of Economic Analysis. While the economic growth underscores that the United States is not currently in a recession, economists cautioned that the latest GDP report doesn’t mean one isn’t looming. Although