Consumer Confidence Plummets on Recession Fears: 5 Stocks to Buy

Inflation has declined sharply over the past year but remains stubbornly high, which has raised concerns of an impending recession. This saw the consumer confidence of Americans ebbing further in September. The decline in consumer confidence in September was largely triggered by the Fed’s hawkish stance as it hinted at another interest rate hike this year. Markets have since been […]

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Tuesday’s Top Wall Street Analyst Upgrades and Downgrades: AstraZeneca, Bloom Energy, Cleveland-Cliffs, CrowdStrike, Dow, Nike, Urban Outfitters and More

The futures were trading lower on Tuesday after a rollercoaster start to the final trading week for September and the third quarter. The major indexes all finished higher on the day. halting a four-day losing streak for the S&P 500 and the Nasdaq. Despite Monday’s gains, the same elements that hit stocks last week are still in play, such as […]

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5 Hospital Stocks to Watch Amid Improving Industry Trends

Cost optimization and technological innovation are aiding the Zacks Medical-Hospital industry players. Their margins are further propelled by easing staffing challenges. Improving market conditions as seniors are now undergoing delayed elective procedures are boosting patient days and occupancies, which, in turn, is aiding hospitals’ top line. However, growing competition in this market remains a common theme. Technological implementations are expected to […]

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One Earnings Report Due Monday, September 18

There is just one earnings report due out Monday. The pace of earnings reports has slowed to a trickle as the end of the September quarter approaches. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue […]

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Insurance profits tipped to get a boost from El Nino

Save articles for later Add articles to your saved list and come back to them any time. Investors are betting insurance giants’ profits will get a boost from lower disaster claims this summer due to hot and dry conditions caused by a likely El Nino weather pattern, as the industry also rakes in higher revenue after steep increases in premiums. […]

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Redburn Partners Upgrades Carnival

Fintel reports that on September 14, 2023, Redburn Partners upgraded their outlook for Carnival (NYSE:CCL) from Neutral to Buy. Analyst Price Forecast Suggests 17.63% Upside As of August 30, 2023, the average one-year price target for Carnival is 17.67. The forecasts range from a low of 7.07 to a high of $26.25. The average price target represents an increase of […]

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