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Although the software industry has been struggling with several macroeconomic issues, the industry is expected to witness solid long-term growth. Spending in the sector is rising substantially. Hence investing in fundamentally solid software stocks Microsoft (MSFT) and GoDaddy (GDDY) might be ideal this year and beyond. Read more…

Record high inflation, monetary policy tightening to control it, and the consequent fears of an economic slowdown have induced pessimism among investors and led to significant price declines for several stocks from their highs. Moreover, Jerome Powell’s speech at Jackson Hole indicates the Fed’s determination to keep raising rates and near-term pain for the markets.

Cryptocurrency exchange Coinbase Global, Inc.’s (COIN) stock has declined 73.4% in price year-to-date and 74.5% over the past year to close the last trading session at $67.03. It is trading 81.8% below its 52-week high of $368.90, which it hit on November 9, 2021. The stock has been hit hard since the beginning of the

At his annual policy speech at Jackson Hole in Wyoming on Friday, Federal Reserve Chair Jerome Powell clarified the central bank’s utmost priority to control inflation by increasing interest rates. He also warned that the Fed would keep pushing ahead with its hawkish stance until inflation moves closer to the target of 2%. Powell’s speech

Global real estate posted the strongest performance in July since December 2021, outperforming the broader market, despite the challenging macroeconomic landscape. Moreover, the global real estate market size is expected to expand at a 5.2% CAGR between 2022 and 2030. While the rising short-term interest rates may not have any significant effect on real estate

San Jose, California-based Cisco Systems, Inc. (CSCO) manufactures and sells Internet Protocol-based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company serves businesses of various sizes, governments, public institutions, and services providers. CSCO reported mixed fourth-quarter

A slight decline in inflation, a strong job market, and a massive spending package have boosted investor sentiment lately. However, the still elevated inflation and better-than-expected economic data might push the Fed to continue hiking interest rates. Therefore, the market is expected to remain under pressure. Amid this backdrop, investing in low-priced stocks with solid

I highlighted last week some reasons why I thought stocks, and particularly QQQ, had finally formed a significant top in my latest commentary for POWR Options.  One of the biggest reasons why the NASDAQ looks tired and toppy was complacency-which was reflected in the form of option prices. Most of you are probably very familiar

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

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