StockNews.com

A simultaneous uptick in IT spending and income levels, along with the introduction of new technologies in electronic devices, has significantly bolstered the electronic tech industry. Amid this backdrop, investors could consider buying fundamentally strong electronic tech stocks Universal Electronics Inc. (UEIC), Dolby Laboratories, Inc. (DLB), and Brother Industries, Ltd. (BRTHY). Before exploring the fundamentals […]

Given escalating geopolitical tensions leading to increased defense budgets, rapid technological innovations in radar, missile systems, and cyber defense, and modernization programs to upgrade the existing fleet, the aerospace and defense industry is well-positioned to witness significant profitability and expansion. Therefore, fundamentally sound air defense stocks Northrop Grumman Corporation (NOC), CACI International Inc (CACI), Textron

Salesforce, Inc. (CRM), a leading Customer Relationship Management (CRM) technology provider, is scheduled to report its first-quarter financial results on May 29, 2024, after market close. Analysts expect the company’s EPS and revenue for the quarter (ended April 2024) to increase 40.5% and 10.9% year-over-year to $2.37 and $9.15 billion, respectively. Moreover, CRM has an

The increase in affluent consumers with rising purchasing power, growing social media influence on consumer behavior, and technological advances allowing retailers to offer personalized shopping experiences are driving the growth of the global fashion and luxury retail market. Given the industry’s tailwinds, investors could consider buying fundamentally sound retail stocks, The Gap, Inc. (GPS), Hugo

The retail sector is set for significant growth thanks to enterprises adapting to changing demands, providing variety and convenience, and offering personalized experiences, all of which boost demand and drive industry growth. Hence, investors could consider buying strong retail stocks Tesco PLC (TSCDY), DFI Retail Group Holdings Limited (DFIHY), and The Kroger Co. (KR) poised for robust growth

The software sector is poised for significant growth, driven by the growing demand for digitalizing business operations, the rising popularity of cloud-based and customized solutions, and the integration of advanced technologies like generative AI. Given this backdrop, investors could consider buying quality software stocks such as GoDaddy Inc. (GDDY), DocuSign, Inc. (DOCU), and Yalla Group Limited (YALA). Before

The pharma industry’s growth prospects look promising thanks to favorable government initiatives, rising healthcare expenditures, the growing need for quality healthcare and personalized treatments, and the rise in lifestyle-related diseases. Amid this backdrop, investors could consider diversifying their portfolios by buying fundamentally strong pharma stocks such as Elanco Animal Health Incorporated (ELAN), Viatris Inc. (VTRS), and Astellas

The tech industry’s growth is driven by the digitization of various sectors and the ever-rising dependence on digital solutions. These factors have been a significant growth driver for advanced hardware solutions. With the adoption of newer, more advanced technologies and workloads becoming heavier, the demand for cutting-edge hardware is expected to grow significantly. Against this

The pharmaceutical industry is experiencing steady growth due to surging healthcare demand worldwide, particularly with an aging population and the rising prevalence of chronic and rare diseases and regulatory initiatives. Moreover, pharma 4.0 is expected to bring about significant advancements and efficiencies in the industry. Given the industry’s promising prospects, investors could consider snatching up

Mastercard Incorporated (MA), a leader in payments processing, is slated to unveil its first-quarter (ended March 31, 2024) earnings result on May 1, 2024. In this piece, I have assessed the stock closely and discussed why investing in it now could be ideal. Consumer spending in the United States shows consistent growth throughout the first