Buy these stocks with solid earnings power during the volatility, Wolfe Research says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Investment Strategy News

Stock Markets,Duke Energy Corp,Zoetis Inc

Through the back half of the year, investors should look at these names that may be set to outperform, one researcher says.

Second quarter earnings season has delivered robust profits despite the recessionary concerns that have roiled the market in recent days. Now, Wolfe Research recommends a handful of stocks that are positioned to outperform in the back half of the year.

's David Faber reported that rival Hershey was also interested in a potential takeover. Still, analysts remain mostly neutral on the Pringles maker, according to LSEG. Of 20 analysts covering Chicago-based Kellanova, only a little more than a quarter now rate it a buy, althought that's up from 14% in July. Zoetis also appeared on the Wolfe screen. Though shares of the former Pfizer Animal Health are down 7% this year, the stock has moved up about 9% in the past three months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buy these stocks if Trump and GOP win big in November, says Wolfe ResearchIf election-betting odds continue to favor Trump and a rate cut this September, Wolfe's Chris Senyek would buy financials and energy stocks.
Source: CNBC - 🏆 12. / 72 Read more »

These stocks have strong balance sheets as broader market sells offWolfe Research shared its latest list of stocks with high free cash flow.
Source: CNBC - 🏆 12. / 72 Read more »