A Weak Dollar and Record Gold Price Are More Bad News for Luxury Stocks
High-end brands have more to worry about than just tariffs and the prospect of reduced consumer spending.
Global markets: Investors continue to flee the U.S. as analysts predict tariff-induced recession
This year, the dollar has lost nearly 10% of its value against the DXY, an index of commonly traded foreign currencies, as investors pull away from U.S. economic uncertainty.
2 Reasons RSI is Risky and 1 Stock to Buy Instead
While the broader market has struggled with the S&P 500 down 10.7% since October 2024, Rush Street Interactive has surged ahead as its stock price has climbed by 6.6% to $11.43 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
3 Reasons to Avoid LOCO and 1 Stock to Buy Instead
El Pollo Loco’s stock price has taken a beating over the past six months, shedding 24.4% of its value and falling to $9.76 per share. This may have investors wondering how to approach the situation.
3 Reasons to Avoid DIN and 1 Stock to Buy Instead
Dine Brands has gotten torched over the last six months - since October 2024, its stock price has dropped 35.9% to $20.12 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
3 Reasons SGI is Risky and 1 Stock to Buy Instead
Somnigroup currently trades at $58.27 and has been a dream stock for shareholders. It’s returned 467% since April 2020, blowing past the S&P 500’s 90.9% gain. The company has also beaten the index over the past six months as its stock price is up 17%.
Trane Technologies (TT): 3 Reasons We Love This Stock
Over the last six months, Trane Technologies shares have sunk to $329.16, producing a disappointing 17.9% loss - worse than the S&P 500’s 10.7% drop. This may have investors wondering how to approach the situation.
3 Reasons to Sell GH and 1 Stock to Buy Instead
What a time it’s been for Guardant Health. In the past six months alone, the company’s stock price has increased by a massive 112%, reaching $44.11 per share. This run-up might have investors contemplating their next move.
3 Reasons to Avoid KO and 1 Stock to Buy Instead
In a sliding market, Coca-Cola has defied the odds, trading up to $73.26 per share. Its 5.5% gain since October 2024 has outpaced the S&P 500’s 10.7% drop. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
3 Reasons to Sell AEIS and 1 Stock to Buy Instead
What a brutal six months it’s been for Advanced Energy. The stock has dropped 21.5% and now trades at $85.29, rattling many shareholders. This might have investors contemplating their next move.