Titans on Tilt: 3 Blue-Chip Stocks to Avoid as Cracks Emerge
John Deere(DE) investorplace.com·2024-05-29 21:37
It’s important to be aware of the blue-chip stocks to avoid as we come to the end of the first-quarter earnings season, and cracks emerge in certain companies. Retailers, in particular, are struggling as inflation-battered consumers pull back their spending with interest rates elevated. Several prominent retailers posted mixed Q1 financial results and gave a downbeat forecast for the remainder of the year as they struggled with a slowdown in consumer spending.The latest reading from the U.S. Commerce Depart ...