The Week’s Investing News Roundup: AbbVie, Bank of America, Starbucks and More

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The Bureau of Economic Analysis revealed this past week that gross domestic product (GDP) increased at an annual rate of 4.9% in the third quarter of 2023. In addition, Alphabet, Amazon, Apple and Meta reported better-than-expected quarterly results.

Hedge Funds Favor Bank of America and 4 More Dividend Winners as Rates Soar

Hedge funds are snapping up some of the safest stocks around. Five financial and consumer staples picks are Buy-rated and come with dependable dividends, offering protection from soaring interest rates.

2025 Stock Forecast for MercadoLibre (MELI), Sea Limited (SE) & Block (SQ)

MercadoLibre, Sea Limited and Block were all stock market darlings in the aftermath of Covid. However, each company’s stock is well off its peak. Here is a look at 2025 forecasts for each company and where their shares could trade if they surpass earnings and revenue targets.

5 Reasons to Avoid Starbucks (SBUX) Stock Today

If there is one company in this world that has become ubiquitous, it’s the coffee and food retailer Starbucks. Yet there are five key reasons why consumers should spend their hard-earned coffee and breakfast dollars at one of the company’s many competitors.

Why Dividend Aristocrats Like AbbVie May Be the Best Contrarian Ideas Now

Seven top Dividend Aristocrats have been out of favor. Yet, they are all trading at quite reasonable levels, pay generous and dependable dividends, and are solid and safe ideas in the current circumstances.

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