This week's cool-down could start presenting better buying opportunities and keep valuations more reasonable. In that regard here are several top-rated stocks from a variety of sectors that are worthy of consideration.
Here are three stocks that can soothe investors' sentiment in terms of growth, and now appears to be a good time to buy going into their second-quarter reports on Tuesday, July 25.
What should we make of the markets today? That’s the question on the minds of every market and economic expert out there – and it’s a challenging one. Inflation has dropped to 3% annually, and the labor market is hot. Stocks are up, indicating that investors have priced in the risk of potential recession. However, this leads to a problem highlighted by Piper Sandler’s chief strategist, Michael Kantrowitz. He points out that estimates for forward earnings are not keeping up with the positive sent
Investors will continue to search for stocks that offer sound value as the broader market indexes have kept moving higher with the S&P 500 now up +17% this year and the Nasdaq up +35%.
Two notable companies that were able to beat their quarterly earnings expectations this week were steel producer Commercial Metals Company (CMC) and global delivery services leader FedEx (FDX).