silikonverse.blogg.se - Stocks that will skyrocket tomorrow

( GTE ) are showing solid momentum lately but are trading at discounts to their peers. ( AE ), Friedman Industries, Incorporated ( FRD ), First United Corporation ( FUNC ), and Gran Tierra Energy Inc. Undervalued stocks with strong financials, healthy cash flows, and solid growth prospects could see a solid rebound when recession concerns subside.įundamentally sound stocks Adams Resource & Energy, Inc. However, the extended market correction over the past couple of months has led several fundamentally strong stocks to trade at attractive valuations. While the market witnessed a rebound last week, the expected monetary policy is adding fuel to recession concerns and will likely keep the market under significant pressure. Moreover, the Fed is expected to deliver another 75 basis-point interest rate hike next month, followed by a 50 basis-point rise in September. Continue reading….Įarlier this month, the Federal Reserve raised interest rates by 75 basis points to tame the 40-year high inflation. Therefore, it could be wise to invest in quality stocks Adams Resource & Energy (AE), Friedman Industries (FRD), First United (FUNC), and Gran Tierra (GTE), which have gained solid momentum lately but are still trading at discounts to their peers. While the market rebounded last week, the volatility is not expected to lessen anytime soon because of the recession fears.

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