Benzinga reviews this weekend’s top stories as reported by Barron’s. Here are the articles investors need to read.
“Robots are replacing workers lost in the pandemic. You are here to stay‘, by Daren Fonda, explains how labor shortages and rising labor costs are helping to drive a new generation of robots that can perform a variety of basic work tasks.
In “Can Tesla be a value stock? How it will get there‘ writes Al Root Tesla Inc TSLA The stock is trading at 22 times estimated 2023 earnings (its lowest P/E ratio ever) and is starting to look attractive to value investors.
“Do you love a sale? It’s a great time to buy Costco stock,” by Tereas Rivas, but notices that Costco Wholesale Corp COSTS With inventories down 18% this year, the outlook for 2023 is brighter for the warehouse giant, whose loyal customers continue to buy its goods at bargain prices.
In “6 defensive healthcare stocks for 2023‘ writes Josh Nathan-Kazis that given investors’ continued market uncertainty, large-cap healthcare stocks remain an attractive defensive play, including United Health Group Inc UNH and Johnson&Johnson JNJ which are up 5.78% and 3.46% respectively.
“Energy stocks Hess and ConocoPhillips rise as oil prices rise‘, by Emily Dattilo, reports that energy stocks like ConocoPhillips POLICE OFFICER and Hess Corp HE IS rose on Friday after Russia indicated it may reduce oil production in response to price caps on its exports.
In “Rising prices encourage shoppers to buy second-hand gifts‘ writes Sabrina Escobar that many shoppers are looking to save money this holiday season by buying pre-owned luxury goods, and many are turning to retailers Real Real Inc REAL and Poshmark Inc ELEGANT.
See also: Apple bans TikTok? Netflix merger? 7 bold tech predictions for 2023
At the time of writing this article, the author had no position in the stocks mentioned.
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