Monday's global markets sell-off saw Wall Street's "fear gauge" spike to its highest level since 2020, but there are a few stocks that may help investors stabilize their portfolios in these volatile times. The S & P 500 and the Dow Jones Industrial Average posted their worst sessions since September 2022 on Monday, fueled by traders' fears that the U.S. economy could be on less-stable footing than previously thought.
mountain Coterra Energy stock. While the company's second-quarter adjusted earnings missed Wall Street's estimates, Coterra's production for the period came in ahead of analysts' expectations. Coterra shares also offer investors income, paying a dividend yield of 3.4%. Elsewhere on the list, shares of Microsoft have added more than 7% in 2024. Analysts polled by LSEG forecast nearly 26% upside for the technology stock moving forward.
mountain Microsoft stock. Microsoft's earnings and revenue surpassed the Street's estimates for the fiscal fourth quarter , but results for its cloud business fell short of expectations. Nevertheless, analysts have largely stood by Microsoft, pointing to potential tailwinds from the company's artificial intelligence investments. Major Wall Street firms said that a recent pullback in shares — which are off 4% in the past week — presented a buying opportunity for investors.
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