Baird Increases Price Target for GoDaddy Shares on Positive Growth Outlook
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Financial markets have weakened due to the strength of North American economies and the expectation of higher interest rates. The consumer is running out of steam, but other parts of the economy, such as infrastructure spending, are in better shape. Goodreid recommends Booking Holdings, Chubb, and Dana as investment opportunities. Booking is well-positioned to capture post-COVID travel dollars, Chubb benefits from higher rates, and Dana is a strong player in the EV revolution. The global sell-off in bonds indicates acceptance of higher interest rates.
Laurentian Bank's stock drops after analyst downgrades rating, General Motors delays plant conversion, retail sales increase, climate protesters disrupt energy conference, Canadian businesses urged to prioritize climate risk, and more.
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