Utility stocks have great appeal for income investors. They typically generate steady earnings year after year, and many utility stocks have recession-proof dividend payouts.
The communication space appears well-positioned to capitalize on the healthy demand trends driven by the rapid deployment of 5G and the transition to cloud and fiber network infrastructure upgrades. Here are stocks that may gain from these trends.
Just when investors began to hope for progress on the global trade front, President Trump reignited tensions with new threats of unilateral tariffs. That announcement sent a shiver through financial markets, and especially through the Nasdaq 100.
IDEX Corporation is showing signs of completing its wave correction within a broader bullish Elliott Wave cycle. The pullback in the stock could soon come to an end and set the stage for a bullish reversal.
Adobe's stock had a rough week, as it closed at $391.68 on June 13. This marked a steep 5.32% decline for the day and a 6.05% drop over the previous five trading sessions. The pressure only continued after hours.
