New Analysts Initiate Coverage: Top 5 Stocks to Buy

TAN - Free Report) has produced returns of nearly 400% over the past 10 years. The solar industry has benefitted from several tailwinds in recent years, including:. · Wider Adoption: A growing number of developing nations worldwide are adopting solar amid environmental concerns. · Technological Improvements: Advancements in solar...

Growth at a reasonable price or GARP is an excellent strategy to earn quick profits from investments. The GARP approach helps identify stocks that are priced below the market or any reasonable target determined by fundamental analysis. The strategy helps investors gain exposure to stocks with impressive prospects and trading...

META - Free Report) is set to release fourth-quarter fiscal 2022 results on Feb 1 after market close. The stock has jumped 62.9% over the past three months and has underperformed the industry’s average of 12.2%. The outperformance might continue as Meta Platforms has a reasonable chance of beating on earnings.

AU - Free Report) : This independent, global gold mining company with mines and exploration projects across Continental Africa, South Africa, Americas and Australasia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.0% over the last 60 days. AngloGold Ashanti...

EQR - Free Report) well for growth. The company has a diversified presence in the urban and suburban markets of Boston, New York, Washington, DC, Seattle, San Francisco and Southern California. It focuses on adding affluent renters to its roster. The residential REIT has also been making concerted efforts to...

The widely-diversified Business Services sector houses consulting, outsourcing, staffing, waste management, financial transactions, information services and technology services companies, to name a few. The Sector’s Dynamics in Q4. Things were not rosy for the service sector throughout the fourth quarter of 2022 due to macroeconomic headwinds such as the...

We have a consequential week in the markets ahead of us — perhaps the most consequential week we’ve seen so far this year. Not only do we have a new Fed funds rate out mid-week (expectations are for a 25 bps bump to a 4.50-4.75% range), but we also get roughly 20% of the S&P 500 reporting quarterly earnings before Friday’s closing bell.

GSK plc. (. GSK - Free Report) will report fourth-quarter 2022 results on Feb 1, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 21.11%. Shares of GSK have underperformed the industry in the past year. The stock has lost 37.0% compared with...

The phrase “meme stock” refers to a stock that gains immense attention on social media platforms like and online forums like Reddit, WallStreetBets and Robinhood. Meme stocks are triggered by small traders who cause a short squeeze on the stock. Short squeeze is a term used by market...

Stocks hitting their 52-week high and delivering consistent performance in the past few quarters offer attractive opportunities to investors while building a portfolio. This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals.

The equity markets witnessed an uptrend in the past few trading sessions, buoyed by better-than-expected economic growth and healthy earnings performance from hitherto reported companies. The fourth-quarter GDP rose at a 2.9% annualized rate compared with broad-based expectations of a 2.8% growth. Consumer spending was up 2.1% for the October-December period, marginally down from 2.3% on a sequential basis as inflationary pressures remain an overhang. The personal consumption expenditure price index increased 3.2%, down from 4.8% recorded in the third quarter.

IEX - Free Report) , ESCO Technologies Inc. (. AGCO - Free Report) are expected to gain in the near term. The Commerce Department on Jan 26 said that orders for durable goods made in U.S. factories jumped a whopping 5.6% to reach $286.9 billion in December, exceeding economists’ expectations of a rise of 2.5%.

META - Free Report) and Amazon (. AMZN - Free Report) ahead of their upcoming earnings results to see if investors might want to finally buy these beaten-down tech stocks. The Nasdaq climbed again through mid-afternoon trading on Friday, alongside the wider market as Wall Street continues to buy tech stocks. The market faced a big test mid-week and the bulls won out, for now, helping push the S&P 500 back above its 50-day and 200-day moving averages and the 4000 level.

PBH - Free Report) is likely to register top-line growth from the year-ago quarter’s reported figure when it reports third-quarter fiscal 2023 earnings on Feb 2, before the market open. The Zacks Consensus Estimate for revenues is pegged at $273 million, indicating a 0.3% rise from the prior-year quarter’s reported figure.

Initial Public Offerings (IPOs) are the lifeblood of the stock market. Companies that opt to go public reap the benefits of cheaper access to capital, the ability to attract top-tier employees, and a more diverse shareholder base. Though older companies may provide more stability, newly public companies often offer investors innovative products and services, an opportunity to invest earlier in the company’s trajectory, and faster growth.

Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important. We...

Investors looking for exposure to both value and growth stocks, while seeking returns at a lower level of risk, may consider large-cap blend mutual funds. Large-cap funds offer more stability than mid or small caps and are thus safer. Generally, companies with a market capitalization of more than $10 billion are considered large cap. However, due to their significant international exposure, large-cap companies run the risk of being hit by global woes.

ALGM - Free Report) Set to report its fiscal third-quarter earnings on Tuesday, January 31, Allegro MicroSystems (. ALGM - Free Report) is a semiconductor stock that investors may want to consider buying. Allegro MicroSystems designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs enabling emerging...

The three most widely followed indexes closed the week higher on Friday, with the tech-heavy Nasdaq posting the fourth-straight weekly gain. The Nasdaq Composite made considerable gains on a broader tech rally, rising 4.3% for the week. The S&P 500 and the Dow Jones Industrial Average advanced 2.5% and 1.8%, respectively.

Wall Street wrapped up 2022 as the worst year since 2008, terminating a three-year winning streak. However, U.S. stock markets have revived in January 2023. Month to date, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 2.5%, 6% and 11%, respectively.