The Aflac (AFL) logo on an office buildingĪflac (NYSE: AFL) is a household name and is among the biggest insurance companies in the U.S. But for those looking for a stable and passive income source, WBA stock is a great option. However, investors should be aware that the initiatives may not significantly boost the top line, and the stock will likely still underperform as the retail pharma sector is not a hot one. The income from the health segment will be an essential source of growth for the company as the VillageMD partnership yields better results incrementally. In the third quarter of fiscal 2022, the company’s clinics generated $596 million in revenue. Additionally, the company has started a significant growth initiative in its consumer health segment, which is beginning to take off. In addition, the stock boasts a high dividend yield of 4.68%, far higher than its competitor CVS Health’s (NYSE: CVS) 2.12%.įurthermore, Walgreens has raised its dividend for 46 years consecutively, with a comfortable payout ratio of 43%. The company has a solid business model based on its over 9,000 retail pharmacies and provides healthcare services to the U.S. Walgreens Boots Alliance (NASDAQ: WBA) is an excellent choice for investors seeking a safe and passive income source. Walgreens (WBA) store exterior and sign in Pompano Beach, Florida
So, even if Meta keeps spending on its metaverse endeavor, I expect a lot of upside for the stock. Further, profit margins will improve as advertising revenue inevitably picks up. If Meta reduces their spending on Reality Labs and reduces its headcount, we are looking at an irresistible valuation.
In the first nine months of this year, Meta’s “Family of Apps” made $9.34 billion in operating income, while Reality Labs lost $3.67 billion. In that case, we’re looking at a tech company that owns Facebook, Instagram, WhatsApp, and Messenger, valued at 11x earnings. However, suppose we were to put Meta’s expenditure on the metaverse out of the picture. The potential market for virtual reality products is still small, and everyone socializing in a VR world designed by Meta isn’t plausible. Admittedly, not many people are interested in the metaverse, and spending billions on it might not be the smartest of ideas. While many see Meta Platforms (NASDAQ: META) as a failing company, they need to look deeper. The following ten stock picks for 2023 maintain this balance between upside potential and safety: Eli Lilly (LLY)Īn image of a VR headset and headphones the word metaverse on the headset Your assets shouldn’t collapse in the worst-case scenario, nor should they miss out on a bullish stock market. With that in mind, it is critical to find a balance between both of these outcomes before investing. Either Federal Reserve Chair Jerome Powell engineers a soft landing, or companies, with a collective debt of $24 trillion, will have to significantly reduce their headcount to make interest payments. The takeaway here is that no one can accurately predict what 2023 holds. Moreover, the pace of rate hikes currently is much faster than the ones two decades ago. People can hit sell on their phones a few seconds after getting the news of a rate hike. InvestorPlace - Stock Market News, Stock Advice & Trading TipsĬonversely, a sensible way to explain this is that things are much more fast-paced in 2022. In 2022 though, the market is heading down while interest rates go up, with little delay. The stock market only went into a deep correction after a lag of at least a year and a half after considerable rate hikes. We can see that, historically, the stock market continued on an uptrend during a rate hike environment. Chart comparing Fed funds rate to the S&P500
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