The Zacks Analyst Blog Highlights Pangaea Logistics, Berry Corporation, Delek US Holdings, Kronos Worldwide and Sanderson Farms

The Zacks Analyst Blog Highlights Pangaea Logistics, Berry Corporation, Delek US Holdings, Kronos Worldwide and Sanderson Farms

Zacks Equity Research
8 min read
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For Immediate Release

Chicago, IL – June 8, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Pangaea Logistics Solutions, Ltd. PANL, Berry Corporation BRY, Delek US Holdings, Inc. DK, Kronos Worldwide, Inc. KRO and Sanderson Farms, Inc. SAFM.

Here are highlights from Tuesday’s Analyst Blog:

5 Cheap Strong Buy Stocks with Market-Beating Performance

Inflation has been the top story this year, joining the supply chain, chip shortages, energy prices and COVID from last year, and the Ukraine war and related sanctions this year. The tight labor market and overheated housing market have been other issues.

Of course, some of these themes are feeding each other. For instance, energy prices are linked to both shortages and the war. And since they affect all other goods, they are one of the biggest contributors to the high inflation rate.

The solution, according to some, is that we do more at home: go from hyper-global to more-local. This would mean shorter supply chains but I'm not sure it would bring down cost. Companies have already worked out the math and it's still cheaper to get stuff manufactured overseas. Especially with the stronger dollar. But that means that global inflation remains a local story.

A hawkish Fed is horrible for the markets, though it's the bitter pill that must be swallowed. Rising interest rates will inevitably bring down consumption appetite (as we are already seeing in the housing market).

The big concern is that consumer spending could fall more than desirable. This is a calculated risk, as is always the case in a rising interest rate environment, not only because things get too expensive, but also because you make more from your savings. And it could trigger a recession. Recent data from the government, however, indicates that we really shouldn't be fretting about that just yet.

Particularly because we don't have an overheated market anymore. In fact, many stocks are undervalued right now. And it does look like the market is already pricing in a lot of uncertainty, including that which pertains to global inflation.

Could there be further downside to the markets? Probably. Almost certainly, in fact. But timing the market to attempt to get in at the bottom doesn't always play out well -- it could be that you waited just a bit too long.

Even if there is more downside ahead, and even if you don't manage to get into good stocks at their absolute bottom, chances are that you would still stand to gain. All the major indexes are down on the month, which could be a good entry point.

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