This Week's Investment Recommendations: Buy Shopify, Sell Occidental Petroleum

Reported about 1 month ago

With a focus on the economic landscape, including inflation and corporate earnings, Shopify emerges as a strong buy due to expected robust growth and favorable seasonal trends ahead of the holiday season. In contrast, Occidental Petroleum is advised to be sold amid its challenging outlook in a volatile energy market, with recent analyst forecasts indicating a significant decline in earnings and increasing risks of underperformance.

Source: YAHOO

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