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Stock impact report

Your portfolio should be ‘defensive' in the second half of 2022 says Wells Fargo. These 6 stocks are poised to outperform the market [Fortune]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Fortune
“This inflation ‘fever' looks likely to signal a mild recession ‘disease' late this year and early next year, unless conditions alter the economy's current course,” Investment Institute (WFII) President Darrell Cronk wrote in the bank's mid-year outlook report. “As in the past, we expect it to prove difficult for the Federal Reserve (Fed) ‘physician' to exactly prescribe the right interest rate dosage.” What does this mean for investors as they kick off the last 6 months of the year? Wells Fargo analysts are recommending that investors target large- and mid-cap U.S. equities with specific defensive sector targets. That means taking a closer look at areas such as energy, healthcare and information technology. Energy, for instance, will continue to be a necessity despite the uptick in oil prices and supply constraints. The healthcare sector, on the other hand, has the potential to be a longer-term play as industry consolidation and demographics facilitate growth. Integrated Oil Sto Show less Read more
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