Columbus, OH

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24/7 Insights QuantumScape Corp. (NYSE: QS) trades near a 52-week low. SoundHound AI Inc. (NASDAQ: SOUN) is a potential take-out candidate and trades near $4. United Microelectronics Corp. (NYSE: UMC) trades under $10 and also offers a hefty dividend. For younger investors or those on a tight budget, investing to generate solid stock market gains […]
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3 Smartest Tech Stocks to Buy With $1000 Right Now

The S&P 500 has been reaching new all-time highs recently, but there are some stocks that have lagged behind. Vici Properties is an excellent real estate investment trust that has been a victim of the rising-rate environment. Starbucks frightened investors with its latest numbers, but it could be a mistake...

2 Magnificent Stocks to Buy That Are Near 52-Week Lows

OK, so we’ll stop talking about a market rotation. Today was an old-fashioned profit-taking session. We can look at why in a moment, but first the tally: the Dow shed -533 points, -1.29%, the Nasdaq sold off -125 points, -0.70%, the S&P 500 was down -0.78% and the small-cap Russell 2000 lost -1.67%. Over the past couple sessions, we’d been seeing something of a turnaround from tech-heavy buying to more cyclical stocks, but not today.

Markets Book Profits; Netflix, Intuitive Beat Estimates in Q2

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

Since the bull market kicked off in October 2022, a few big artificial intelligence (AI) players have led the charge higher. But the game is changing, thanks to a better-than-expected June inflation report, which sparked expectations for a Fed rate cut - and a more favorable macro backdrop for small-caps, dividend-paying stocks, and other recent stock market laggards.

3 Top-Rated Healthcare Stocks With 20% to 35% Upside Potential

California State

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The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

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The Shy Green

Salt Life Beer, a beloved brand synonymous with ocean enthusiasts and craft beer lovers, is facing turbulent times as it files for Chapter 11 bankruptcy. Known for its crisp and refreshing lager inspired by the sea, Salt Life Beer has become a staple for those who cherish the ocean's allure.

Another famous beer brand is going bankrupt and will file for Chapter 11

Brookings, SD

There is some tough news in the coffee and cafe scene. Cottonwood Coffee, a beloved spot based in Brookings, South Dakota, has filed for Chapter 11 bankruptcy. This decision comes as they battle significant financial challenges, especially worsened by the lingering impact of the Covid-19 pandemic.

A coffee and cafe company has filed for Chapter 11 bankruptcy due to financial difficulties

The technology sector witnessed growth in the second quarter of 2024, driven by strong adoption of AI and machine learning as well as Generative AI (GenAI). The sector is riding on the ongoing digitalization wave. The rapid adoption of cloud computing, 5G, the Internet of Things, wearables, headsets supporting augmented and virtual reality technologies, drones and blockchain is expected to have aided sector participants.

5 Technology Stocks Poised to Beat Earnings Estimates in Q2

NVS - Free Report) reported better-than-expected results for the second quarter of 2024. Core earnings (excluding one-time charges) of $1.97 per share beat the Zacks Consensus Estimate of $1.87 and were up from $1.69 reported a year ago. The year-over-year growth was driven by an increase in sales. Revenues of...

Novartis (NVS) Tops on Q2 Earnings, Ups Operating Income View

Oregon State

Youngstown, OH

A look at some recent news from the pharmacy world. Rite Aid, a familiar name in communities across the country, is facing some tough times. After filing for bankruptcy, they've now announced the closure of four additional locations, adding to the more than 200 stores already shuttered. These closures are part of Rite Aid's strategy to reevaluate its retail presence and navigate through financial challenges.

A well-known pharmacy is closing four more stores because they went bankrupt

This Dividend King offers a 5% yield and surprisingly strong growth prospect. This home goods brand is generating lots of cash and profits despite pressure and sales declines. This real estate company pays an above-average yield of 5.94% from its highly diversified commercial property portfolio. These stocks pay yields from...

3 Dividend Stocks That Could Help Set You Up for Life

TheStreet

The analysts say earnings estimates for the trio of Magnificent 7 stocks underestimate new AI-system costs.

Analyst resets outlook for 3 huge tech stocks

The Motley Fool

These three growth stocks have the right characteristics to make them suitable to own for the rest of your life.

3 Growth Stocks to Buy and Hold Forever

Goldman Sachs issued a warning that an S&P 500 correction is imminent and advised investors against buying the dip. In a note to clients, an analyst at the investment bank highlights several indicators pointing towards a downturn in the market. He points out that July 17 typically marks the end...

Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip

Evercore ISI analysts recommend taking advantage of the recent downturn in semiconductor equipment (SCE) stocks to invest in high-quality names, citing trade concerns as overblown. According to Evercore ISI, the near-term probability of implementing stricter Foreign Direct Product Rule (FDPR) restrictions is low. They view the current weakness in SCE...

Use weakness in chip stocks to buy high-quality names: Evercore ISI

MWA - Free Report) , which belongs to the Zacks Steel - Pipe and Tube industry. This maker of fire hydrants, pipes and water valves has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 72.22%.

Will Mueller Water Products (MWA) Beat Estimates Again in Its Next Earnings Report?

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Investing in fundamentally strong stocks currently trading near their 52-week lows can be a profitable strategy. However, it's important to focus on shares of companies with sound fundamentals. More critically, those companies should have potential catalysts that could lead to a rebound in their stock prices. These might include the launch of new products or solutions, a change in go-to-market strategy, and cost reduction initiatives, among others.

Trading Near 52-Week Lows: 2 Beaten-Down Stocks Poised to Rebound

Nielsen Holding Plc is leaving no stone unturned to bolster its audience-measurement solutions portfolio. This is evident from the latest launch of its cloud-based campaign measurement tool namely Nielsen Market Lift. Notably, the tool is the amalgamation of the company’s analytics, backed by automated and scalable cloud-based modeling. Nielsen...

Nielsen (NLSN) Boosts Audience Outcome Offerings With New Tool

NewsBreak

Wall Street Analysts Believe Genmab (GMAB) Could Rally 52.33%: Here's is How to Trade

GMAB - Free Report) closed the last trading session at $27, gaining 4.7% over the past four weeks, but there could be plenty of upside left...

Wall Street Analysts Believe Genmab (GMAB) Could Rally 52.33%: Here's is How to Trade

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