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Inflation created a big opportunity for discount retailers. “Inflation is crimping into household purchasing power,” said Beth Ann Bovino, the U.S. chief economist at S&P Global, as quoted by The Wall Street Journal. “Even if wages are high, inflation for goods is...
Keep an eye on natural gas stocks. Prices just surged above $9 per MMBtu, hitting its highest level in more than a decade. All thanks to falling inventories. “David Givens, head of natural gas and power services for North America at Argus Media, pointed to three key...
There’s plenty of doom and gloom out there… But there’s also plenty of opportunity, with companies splitting shares. “By itself, a stock split should neither create nor destroy any value,” says Christopher Harvey, Wells Fargo’s head of equity strategy, as quoted by...
