January 6, 2025 - 06:30
This week, investors are keeping a close eye on the U.S. jobs report and the minutes from the Federal Open Market Committee (FOMC) meeting, which are expected to provide insight into the economic landscape. Amid this backdrop, Advanced Micro Devices (AMD) is being highlighted as a stock to buy. The company is gearing up to unveil its next-generation graphics processing unit (GPU) at the upcoming CES 2025, which could significantly boost its market position and investor confidence.
On the other hand, Constellation Brands is being recommended as a sell. The company recently reported disappointing earnings and provided a downbeat outlook for the future, raising concerns among investors about its growth potential. The contrasting fortunes of these two companies underline the volatility present in the current market, as investors navigate through economic signals and corporate performance. As always, careful consideration and research are advised before making investment decisions.
