Wall Street will be buzzing in the week ahead, as earnings from Big Tech, the Federal Reserve’s first meeting of the year, and the monthly jobs report for January set up the busiest week of the new year.
The stock market took a hit in 2022, but it's not too late to take advantage of some rare buy-in windows. Here are four no-brainer buys in the current market.
Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) are two powerhouse stocks that, along with Walmart, dominate U.S. retail shopping. Both Costco and Amazon experienced elevated sales growth at the beginning of the coronavirus pandemic, and they're both seeing slowdowns in the current inflationary environment. In the 2022 third quarter, Amazon's sales increased 15% year over year; meanwhile, Costco's sales rose 8.1% year over year in its 2023 fiscal first quarter (ended Nov. 20).