US chip stocks look a little unfazed despite the “sell America” trade supposedly being a new phase in the overall global economy.
Source: https://www.fxempire.com/forecasts/article/nvda-amd-and-intc…
Here is how Marathon Petroleum (MPC) and Oceaneering International (OII) have performed compared to their sector so far this year.
The consumer staples sector has gained 1.5% over the past year, compared to a 17% increase for the S&P 500 index. There was an interesting performance reversal that occurred over this past year.
Procter & Gamble and Clorox offer reliable, well-covered dividends backed by strong fundamentals and long operating histories. PG faces near-term headwinds from high-interest rates and value-seeking consumers, but cost-saving initiatives and a solid balance sheet support continued dividend growth. CLX, despite recent declines in revenue and EPS, maintains a sustainable 4.5% yield and expects margin expansion and price appreciation as macro headwinds ease.
