Stock markets often overreact to hype causing fluctuations in stock prices and overvaluation. In recent quarters, there is immense interest in tech giants contributed by the developments in generative AI. However, before investing, it is crucial to analyze a company’s ability to withstand competitive forces and assess its sustainability. At Insider Monkey, we focus on […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Two-thirds of American households own at least one pet, and large majorities of these pet owners view their companions as part of their families. Therefore, it’s unsurprising that many households spend large amounts of money on their pets. Indeed, the global pet care market is expected to be worth nearly $370 billion in 2030, versus an estimated total of almost $250 billion in 2023. Pet stocks are likely to be rather resilient to recessions, as a survey suggested that pet owners are very relucta