Looking for steady winners in 2022? This CNBC contributor can help
Markets continue to be volatile, and we recently learned that even mega-cap stocks — like Netflix and Meta Platforms — can deliver painful double-digit losses in a single day.recently sat down with CNBC contributor Michael Farr — founder and CEO of wealth management firm Farr, Miller & Washington — for his thoughts on the current market environment.
But Farr reminds investors that not all tech stocks are created equal, with some carrying greater risks than others. “I always like the consumer staples as a defensive group,” Farr said. “I love my Pepsi-Colas of the world, they tend to do well.”Article content But it’s PepsiCo’s dividend history that gives us the best insight into the business model’s durability: The company has raised its cash dividend every single year for the past 49 years.
Many businesses fear rising interest rates. But for certain financials, like banks, higher rates are a good thing.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah’s weekend COVID-19 case count includes lowest single-day tally in 2 yearsCOVID-19 hospitalization rates have fallen since Friday, the Utah Department of Health reported.
Read more »
Detroit schools aim to catch up, and then some, with US aidDetroit's public school system is investing much of its $1.3 billion in federal COVID-19 relief aid to improve learning for its students and help fix what has been broken for decades
Read more »
LA City Council seeks to make COVID-19-era ‘al fresco’ dining program permanentThe Department of City Planning was instructed to to prepare an ordinance that would keep the program intact.
Read more »
Chicago Health Officials ‘Keeping a Close Eye' on Slight Rise in COVID MetricsChicago’s COVID metrics saw a slight increase over the last week as health officials closely watch for signs of a surge due to the BA.2 variant, but the city’s top doctor said the levels remain “very much in control.”
Read more »
New York officials push for vaccinations, treatments as COVID cases rise thanks to subvariantIn the last week, there's been a 30% increase in COVID cases, but that should not be reason to panic. We're talking about 11 cases per 100,000 up from eight per 100,000.
Read more »
NPR Cookie Consent and Choices
Read more »