UFP Industries (UFPI) Banks on Acquisitions & Product Innovation – June 24, 2022

Shares of UFP Industries, Inc. (UFPI Quick QuoteUFPI – Free Report) outperformed the Zacks Building Products – Wood industry in the year-to-date period. The trend is likely to continue as it has benefited from exploring new markets and enhancing its existing product portfolio via acquisitions and product innovation. The solid US residential market, strong demand … Read more

Past financial crises have affected how millennials manage money

FG Trade | E + | Getty Images Living through multiple financial crises and recessions has impacted the way millennials are now managing their money. The experience has given members of that generation some confidence that they’ll be able to make it through another recession if the US falls into one amid high inflation and … Read more

It’s important to stay on toes about scams

As you gear up to enjoy the summer, the IRS has a message: don’t let down your guard! Jill Schlesinger The agency recently released its annual ‘Dirty Dozen’ tax scams, a kind of “worst of” fraudster guide for 2022. As it has done for more than 20 years, the IRS highlights the most prevalent scams … Read more

Here’s Why You Should Invest in Bio-Rad (BIO) Stock Now – June 17, 2022

Bio-Rad Laboratories, Inc. (BIO Quick QuoteBIO – Free Report) is well poised for growth in the coming quarters, backed by strength across key product lines. Robust performance across several geographies instills optimism. The company ended the first quarter of 2022 with better-than-expected results. A strong solvency position is an added upside. However, competitive pressure and … Read more

Here’s what financial advisors say about the Fed’s latest rate hike

The Marriner S. Eccles Federal Reserve Board Building in Washington, DC Sarah Silbiger | Reuters While the market moves are positive for investors, they are still dealing with a complicated backdrop that’s likely to continue to whiplash asset prices going forward. Earlier in the week, the S&P 500 fell into bear market territory, meaning a … Read more

Bear-Market Tips for Retirees: Stay Invested. Buy Dividend Stocks. Bank Online.

With US stock markets falling into bear territory, investors should stay invested and not try to time the market. Johannes Eisele / AFP via Getty Images Text size Will the bear market inflict a bigger bite on retirees than younger investors? Not necessarily, experts say, as the duration of the average bear market is measured … Read more

Add These 5 Insurance Stocks to Boost Your Portfolio in 2H22 – June 13, 2022

The insurance industry continues to benefit from better pricing, prudent underwriting, increased exposure, improving rate environment and a solid capital position despite an active catastrophic environment. The insurance industry is an important contributor to the country’s GDP. Given the ongoing economic expansion. insurers are poised for growth. Amid a favorable macro backdrop, Axis Capital Holdings … Read more

Commercial Metals (CMC) to Post Q3 Earnings: Is a Beat in Store? – June 10, 2022

Commercial Metals Company (CMC Quick QuoteCMC – Free Report) is scheduled to report third-quarter fiscal 2022 results on Jun 16, before the opening bell. Which Way are the Estimates Headed? The Zacks Consensus Estimate for the fiscal third-quarter revenues is pinned to $2.36 billion, suggesting growth of 28.1% from the prior-year quarter’s levels. The Zacks … Read more