Companies Reporting Before The Bell
• WESCO International (NYSE:WCC) is projected to report quarterly earnings at $3.79 per share on revenue of $5.37 billion.
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
The Andersons, Inc. (NASDAQ:ANDE) announces it has signed an agreement to purchase the assets of Mote Farm Service, Inc. The purchase is expected to close later this month.
"We are excited to expand our retail farm
As concerns of a global food crisis heighten, Ukraine was granted access on Monday to ship its first container of grain, carrying 26,000 metric tons of corn from the port of Odessa to Tripoli, Lebanon, according to the Wall Street Journal.
When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist.
On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.