MU, LRCX and KLAC stand out as momentum stocks resurface, even as a tech rout and crypto slump rattle broader U.S. equity markets.
Source: https://www.zacks.com/stock/news/2835817/3-momentum-anomaly-…
Palo Alto Networks CEO Nikesh Arora defended the company’s strategy and tried to differentiate itself from the AI threat facing software stocks. The cybersecurity company topped Wall Street’s fiscal second-quarter estimates but issued lackluster earnings guidance for the current period.
Consumer credit stress at this level has a second-order effect: it drives millions of borrowers into actively trying to improve their scores. IBISWorld estimates that the consumer credit services industry now generates $6.8 billion annually, a figure that keeps growing alongside delinquency rates.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
