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3 Surefire Stocks to Add to Your Portfolio in 2023

With slow wage growth and low unemployment raising hopes of the much-coveted soft landing for the economy, loading up on fundamentally strong and profitable stocks Cisco Systems (CSCO), United Microelectronics (UMC), and Acuity Brands (AYI) could help generate solid returns. Continue reading….

StockNews.com · Jan 10, 2023

3 Stocks to Buy Now for Stress-Free Returns in 2023

With the central banks worldwide warning of higher interest rates in coming times, recessionary fears are rising among investors. Amid the uncertainties, we advise investors to invest in fundamentally strong dividend-paying stocks Microsoft (MSFT), Murphy USA (MUSA), and Acuity Brands (AYI) for stress-free returns in 2023. Keep reading.

StockNews.com · Dec 21, 2022

3 Stocks That Are Better Buys Than Bed Bath & Beyond This December

Home spending trends have remained robust this year despite uncertain macroeconomic conditions. However, Bed Bath & Beyond (BBBY) has been struggling with declining sales, and analysts are bearish on its near-term prospects. Given this backdrop, we think it could be wise to invest in quality home improvement stocks Lowe’s Companies…

StockNews.com · Dec 12, 2022

The 2 Best Stocks to Buy in August 2022

While a strong job market and a slight year-over-year decline in inflation last month have stroked renewed optimism on Wall Street, the market volatility may not lessen anytime soon on concerns over the possibility of the Fed maintaining its hawkish stance to bring prices down further. Therefore, undervalued and highly…

StockNews.com · Aug 15, 2022

3 Stocks to Help You Survive and Thrive in Today's Market

Growing concerns over sky-high inflation, the Fed’s aggressive interest rate hikes, the decline in GDP for two consecutive quarters, and increasing odds of a recession are expected to keep the stock market under tremendous pressure in the near term. Amid this backdrop, investing in fundamentally sound stocks AbbVie (ABBV), Acuity…

StockNews.com · Aug 3, 2022

3 Mighty Mid-Cap Stocks to Buy for the Rest of 2022

Despite another decline in GDP, the major indices are expected to post their best month since November 2020. And irrespective of the market volatility, mid-cap stocks are raking in significant gains. Thus, we think it could be wise to scoop up shares of mighty mid-cap stocks Acuity Brands (AYI), Boyd…

StockNews.com · Jul 29, 2022

Acuity Brands Turns in Strong Earnings - Buy, Sell, Hold?

Leading industrial technology company Acuity Brands (AYI) surpassed consensus estimates and reported solid growth across its segments in the latest earnings release. However, the stock has declined 9.7% over the past months. So, is it worth buying the stock now? Let’s find out.

StockNews.com · Jul 5, 2022

Acuity Brands Clocks 18% Revenue Growth In Q3, Beats Street Expectation

Acuity Brands, Inc. (NYSE:AYI) reported third-quarter FY22 net sales growth of 17.9% year-over-year to $1.1 billion, beating the consensus of $985.42 million. Adjusted EPS improved to $3.52 (+27.1% Y/Y), beating the consensus of $2.96. Sales by segments: Acuity Brands Lighting and Lighting Controls $1 billion (+18.6% Y/Y) and Intelligent Spaces Group $58.3 million…

Benzinga · Jun 30, 2022

Bargain Hunting? Check Out These 3 Stocks Rated 'Strong-Buy'

The current market sell-off due to the rising inflation and tightening monetary conditions has led some quality stocks to trade at a discount to their peers. Thus, we think cheap stocks EMCOR Group (EME), Korn Ferry (KFY), and Acuity Brands (AYI) could be valuable investments now. These stocks are rated…

StockNews.com · Jun 10, 2022

Spruce Up Your Portfolio with These 5 Home Improvement Stocks

The home improvement industry has been one of the biggest beneficiaries of the COVID-19 pandemic. Home renovation retailers gained significantly as prolonged indoor stays encouraged people to consider restyling and remodeling their homes. Furthermore, a growing inclination to transform homes and boost living/working comfort continues to propel the industry’s growth.…

StockNews.com · May 3, 2022