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The 2 Best Telecom Stocks to Buy for August

Continued digital transformation and remote lifestyles have been driving the demand for telecom services for better connectivity. Moreover, increasing investments to deploy 5G and increased accessibility in rural areas should drive the sector’s growth. The global telecommunications market is expected to grow at a 1.5% CAGR to reach $1.96 trillion by 2028. Given the sector’s …

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Is It Worth Adding Kroger Stock to Your Portfolio Right Now?

Retail giant The Kroger Co. (KR) operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. It runs around 2,726 supermarkets under various banner names in 35 states and the District of Columbia. KR recently expanded its services at multiple locations across America. On August 2, 2022, KR announced the official …

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4 Stocks You’ll Be Glad You Bought

Despite the prevalent macroeconomic turmoil, broader markets have witnessed significant gains over the past month. The S&P 500 gained 11.4% over the past month after hitting record lows in the second quarter. Moreover, amid relaxing inflation numbers, consumer sentiment is gradually improving. The University of Michigan’s August reading of overall consumer sentiment came in at …

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1 Stock to Consider Buying Long Before Halloween

With a $42.21 billion market cap, The Hershey Company (HSY) manufactures and sells confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery; North America Salty Snacks; and International. The company provides its products primarily under Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside, Cadbury, …

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3 Commodity ETFs to Help Ease Inflation Fears

The stock market had a difficult first half of the year due to investors’ concerns over surging inflation and the consequent interest rate hikes. While the benchmark indexes have witnessed a decent recovery since July, many analysts believe the markets will tumble further on economic and geopolitical concerns. The consumer price index (CPI) rose 8.5% …

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3 Worry-Free Health Care Stocks to Invest in Right Now

Interest rate hikes by the Federal Reserve to contain the high inflation have been driving recession fears, dampening investor sentiment. However, healthcare is among a few sectors with demand and margins resistant to inflation and recession. Rising demand for healthcare solutions with increasing chronic diseases, an aging population, growing health awareness, and rapidly evolving digital …

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1 Robinhood Stock to Buy, 1 to Hold and 1 to Sell

Robinhood Markets, Inc. (HOOD) operates as an online discount brokerage company offering zero-commission trading services on several U.S.-listed securities. The company provides a web- and mobile-based platform that makes buying and selling stocks simple and seemingly free. The company has net cumulative funded accounts of 22.9 million and 14 million monthly active users. HOOD became …

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3 Solar Stocks to Sell, Avoid or Liquidate Now

The Biden-Harris administration recently announced $56 million in funding to fortify innovation in solar manufacturing and recycling. In addition, the Senate passed the historic climate bill, which might accelerate growth in the solar industry. Although the solar industry witnessed substantial growth over the past decade, supply chain constraints and trade instability have led to price …

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2 Winning Stocks to Pay Attention to This Week

Last month, the Federal Reserve raised the benchmark interest rates by 75 basis points for the second consecutive month to tame the multi-decade high inflation. The U.S. economy contracted 0.9% in the second quarter, making many analysts believe that a recession has already arrived. Despite the uncertain macroeconomic conditions, inflation-adjusted consumer spending continued to rise. …

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