During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Big banks in the US are concerned that weight-loss drugs, which reduce cravings and make people feel full longer, are impacting the stocks of popular junk and snack food companies.
Morgan Stanley analyst Pamela Kaufman upgraded the shares of The Simply Good Foods Company (NASDAQ: SMPL) from Equal Weight to Overweight and