DDD, ARAY and BNTGY have been added to the Zacks Rank #5 (Strong Sell) List on May 24, 2023.
Amid a mixed performance in European markets, with Germany's DAX experiencing a slight decline, investors continue to navigate through an environment marked by cautious optimism and policy adjustments. In such a landscape, focusing on dividend stocks like Brenntag can offer potential stability and income, qualities particularly valued in times of economic uncertainty.
European shares were subdued on Tuesday as investors braced for a key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber. After strong gains last week, investors are at bay for two days now ahead of the U.S. producer prices inflation data and Powell's remarks, one day prior to the market-moving consumer prices inflation data, for clues on the Fed's interest rate-cut outlook.