Fears of a recession are mounting as the Federal Reserve continues its attempts to desperately curb rising inflation. Investors looking to shield their portfolios in this worrisome environment may find protection in stocks that have performed well during previous recessions and when economic growth is negative. In recent months, economists at major banks have raised … Read more
There may be some stocks that could let investors rest easy this earnings season, as companies deal with the hottest inflation print in decades and the likelihood of sharp interest rate hikes. CNBC Pro screened for stocks that met the following criteria: Earnings per share have beaten estimates by at least 1% in the last … Read more
Is a recession on the cards? Market watchers are split on whether the US economy is headed toward a downturn. But investment manager Kingsley Jones believes a downturn of some form is now inevitable. “We have to accept that a recession of some form is a given now,” Jones, founder and chief investment officer at … Read more
As the bear market continues to rage on, one boring stock has quietly hit an all-time high. On Tuesday, shares of General Mills reached $ 76.09, a new intraday high since the food company started trading publicly in 1928. Investors have been positive on the food company, which has gained more than 10% this year … Read more
A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the retailer plummeted about 21% after the company missed revenue estimates and posted … Read more
Check out the companies making headlines before the bell: General Mills (GIS) – General Mills reported adjusted quarterly earnings of $ 1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food producer forecast full-year profit below Street estimates amid … Read more
With the S&P 500 close to crossing into a bear market as stocks continue their 2022 slide, investors looking for stable names in rocky times have a few opportunities. The broad market index on Thursday fought to stay green. It was down about 18% for the year and sitting 19% from last year’s high. Stocks … Read more
With the S&P 500 eyeing a bear market, certain stocks that fared well in previous market downturns could be poised to outperform again.
The world’s largest technology companies have shed over $ 1 trillion in value in just three trading sessions. Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain than other sectors of the economy. Investors now have less interest in what drove … Read more
Vera_Petrunina | iStock | Getty Images A big question on the minds of both Wall Street and C-suites across corporate America is the strength of the consumer, namely, how long can it last? At some point, consumers will begin to balk at higher prices brought on by demand shocks, supply chain disruptions and surging energy … Read more