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Although the conservative approach is to heed the warning of the broader market meltdown, these ideas are going against the grain. Chefs’ Warehouse (CHEF): A likely beneficiary of the retail revenge and revenge traveling phenomena, CHEF is an intriguing name among stocks to buy. TreeHouse Foods (THS): A multinational food processing firm specializing in private
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Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart slumped 7% in premarket trading after missing bottom-line expectations for the first quarter. The retail giant earned $1.30 per share, 18 cents a share below estimates as inflationary pressures offset the positive impact of better-than-expected sales. Home Depot (HD)
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A market selloff has rendered some semiconductor stocks too cheap to ignore right now. Advanced Micro Devices (AMD): Despite strong growth, a cheap AMD stock spots a Forward PEG ratio far below 1.0. Alpha and Ohmega Semiconductor Ltd. (AOSL): A 36% decline in 2022 renders AOSL a cheap semiconductor growth stock. Micron Technology (MU): A
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Water stocks are attractive to income investors. American Water Works (AWK): American Water Works has a significant scale advantage. California Water Service Group (CWT): California Water Service Group is one of the three largest water utilities in the U.S. SJW Group (SJW): SJW Group engages in a full suite of water services. Source: Alina Kruk/Shutterstock.com Water
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Some Chinese stocks have generated the occasional pop, but the risk-reward is skewed bearishly. Alibaba (BABA): China’s flagship has been plunging for the better part of the trailing year. JD.com (JD): JD.com is now reflecting consumer weaknesses pinged earlier this year. Ping An Insurance (PNGAY): Ping An is a worryingly exposed company, especially for an
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Key Takeaways U.S. comparable sales, excluding fuel, rose at a faster pace than analysts expected. U.S. comparable sales indicate the sales generated by the company’s U.S. stores and clubs that have been open for at least one year, including e-commerce sales. Walmart said that its bottom-line results were unexpected and partly due to inflation creating
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These five upcoming initial public offerings (IPOS) are among the most promising ones to watch. They will make headlines and offer volatile stock trading with elevated valuations and risk. Reddit: Is the communities’ network that was at the center of meme trading. Discord: Provides a platform for people to communicate via voice, video and text
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Investors are shopping around for the best dividend stocks that could help weather an uncertain stock market. Abbvie (ABBV): Anticipates its newer drugs, Skyrizi and Rinvoq, to generate a combined revenue of over $15 billion in 2025. Exxon Mobil (XOM): Tripled its share repurchase program to $30 billion through 2023. SL Green (SLG): Expects office buildings to
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Late last month, virtual healthcare company Teladoc Health (TDOC) experienced a post-earnings plunge. Despite the big drop, a recovery will prove difficult. With the prognosis unchanged, though, steer clear of TDOC stock. Source: Postmodern Studio / Shutterstock.com Like many pandemic-era favorites, the situation has gone from bad to worse when it comes to shares of
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Ever since listing, there were doubts on the valuation that Robinhood (NASDAQ:HOOD) stock commanded. After an initial spike, HOOD stock has remained in a downtrend. Several factors have contributed to the massive selling in the last six-months with the stock plunging by 75% during this period. I must admit that I didn’t expect HOOD stock
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Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading Monday. Spirit, JetBlue — Shares of JetBlue Airways dipped 4.7% on news that the company’s offering $30 a share to take over
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Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ:BRPM): FaZe Clan’s poor liquidity and missed targets could make investors develop cold feet as the SPAC merger deal progresses. Digital World Acquisition Corp (NASDAQ:DWAC): Former President Donald Trump-related Truth Social platform’s launch faced challenges, regulatory
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The entire EV market is getting a boost today. From Rivian (NASDAQ:RIVN) to Tesla (NASDAQ:TSLA) to Lucid (NASDAQ:LCID), risk-on sentiment finally appears to be taking hold this Friday. Among the major electric vehicle (EV) makers that are seeing impressive increases, Lucid is a leader. On Friday, LCID stock soared more than 16% around noon EST as investors returned to
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