logo
The Chemours Company (CC): Among the Best Breakout Stocks to Buy According to Analysts

The Chemours Company (CC): Among the Best Breakout Stocks to Buy According to Analysts

Yahoo07-05-2025
We recently published a list of 11 Best Breakout Stocks to Buy According to Analysts. In this article, we are going to take a look at where The Chemours Company (NYSE:CC) stands against other best breakout stocks to buy according to analysts.
Stock markets have been on edge in response to the US President's aggressive trade war that has resulted in trade tariffs aimed at settling the trade deficit. Likewise, stocks remain on edge, with the US president ramping up attacks against the Federal Reserve Chair Jerome Powell raising serious concerns about the central bank's independence.
Trump has been on Powell's neck over what he terms as laxity in cutting interest rates at a time when major central banks led by the European Central Bank and Bank of Canada have cut significantly. In posts on his social network Trust Social, Trump has always insisted that the US economy would slow unless Powell, who he has always deemed as 'Mr. Too Late, a major loser,' cut rates.
The remarks come against the backdrop of major indices pulling back significantly from record highs as stocks remain under pressure across various sectors. The S&P 500 has already closed on the negative for the 3rd straight month, waiting to see if the selloff will persist. The last time the index closed negative for 4 straight months was in 2011.
While a negative, the sell-off has presented unique investment opportunities as valuations have pulled back significantly from historical highs. Likewise, the pullback has given rise to solid breakout plays as the selloff dust slowly settles. Nearly two-thirds of the S&P 500 stocks have posted first-quarter 2025 results that have topped estimates. Strong quarterly results from some of the big tech giants are helping alleviate concerns about the potential impact of Trump's tariffs. Likewise, the solid earnings have once again eased concerns that the artificial intelligence progress has slowed amid economic turmoil triggered by the trade war.
'Few stocks are truly immune to Trump tariffs [and] trade war, but AI is a lot less impacted than investors currently believe,' said Jed Ellerbroek, portfolio manager at Argent Capital Management. 'We're early in a very steep growth curve right now, and that goes for AI infrastructure.'
China signaling it is evaluating the possibility of starting trade negotiations with the US is a positive for the markets under pressure. The remarks come at a time when the Trump administration is increasingly targeting quick wins with major trading partners. The prospects of a trade agreement between the US and China should be a catalyst to trigger a significant bounce back after months of deep sell-offs.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dollar grinds higher with Fed in focus in run-up to Jackson Hole
Dollar grinds higher with Fed in focus in run-up to Jackson Hole

Yahoo

time20 minutes ago

  • Yahoo

Dollar grinds higher with Fed in focus in run-up to Jackson Hole

By Kevin Buckland TOKYO (Reuters) -The dollar got off on the front foot on Wednesday following two days of gains as traders awaited the Federal Reserve's Jackson Hole annual symposium later this week for clues on the path for monetary policy. A speech on Friday by Fed Chair Jerome Powell is the main focus, with the market watching for any push back against market pricing of a rate reduction next month. Traders currently place 84% odds on a cut next month, and expect around 54 basis points of reductions by year-end. The dollar index, which measures the currency against six major counterparts, edged up to 98.393 early on Wednesday, the highest since August 12. It had gained about 0.4% in the first two days of this week. "Given the relatively high bar for Powell to meet, there's a bit of risk being baked into the markets that he leans to the hawkish side and the proverbial rug gets pulled from beneath investors," said Kyle Rodda, an analyst at In Asian hours, the Reserve Bank of New Zealand sets policy later in the day, with a large majority of economists predicting a quarter-point cut to the cash rate. The New Zealand dollar drooped close to Tuesday's nearly two-week low, last changing hands at $0.5895. "There's little reason for RBNZ to keep rates on hold," said Rodda. "Inflation is within its target band, and although it is no longer mandated to target the labour market, the unemployment rate is at a post-COVID high." For the Fed, traders ramped up bets for a cut on September 17 after a surprisingly weak payrolls report at the start of this month, and were further encouraged after consumer price data showed limited upward pressure from tariffs. However, a hotter-than-expected producer price reading last week complicated the policy picture. Powell has said he is reluctant to cut rates due to expected tariff-driven price pressures this summer. The Fed will release minutes from its July 29-30 meeting later on Wednesday, when the central bank held rates steady, although they may offer limited insight as the meeting came before the weak jobs numbers. The dollar advanced 0.1% to 147.78 yen. The euro eased 0.1% to $1.1633, the weakest since August 14. Sterling slipped 0.1% to $1.3476, the lowest since August 12. Australia's dollar edged down to $0.64485, a level last seen on August 1. Sign in to access your portfolio

Gold Holds Fall Ahead of Powell Speech That May Give Rate Clues
Gold Holds Fall Ahead of Powell Speech That May Give Rate Clues

Bloomberg

time22 minutes ago

  • Bloomberg

Gold Holds Fall Ahead of Powell Speech That May Give Rate Clues

Gold held a small decline ahead of a key address by Federal Reserve Chair Jerome Powell later this week, which may give fresh clues on the central bank's monetary path. Bullion traded at around $3,315 an ounce early in Asia, holding a 0.5% decline from the previous session after the latest efforts to halt the Russia-Ukraine war impacted haven demand. Attention is turning to Powell's annual address at Jackson Hole, Wyoming, on Friday, amid strong expectations the Fed will cut borrowing costs by a quarter point next month. Lower rates are beneficial for gold as it doesn't pay interest.

Gold Consolidates Amid Russia-Ukraine Peace Deal Worry, Dovish Fed Hopes
Gold Consolidates Amid Russia-Ukraine Peace Deal Worry, Dovish Fed Hopes

Wall Street Journal

time38 minutes ago

  • Wall Street Journal

Gold Consolidates Amid Russia-Ukraine Peace Deal Worry, Dovish Fed Hopes

2342 GMT — Gold consolidates in the early Asian session amid concerns about the Russia-Ukraine peace deal and hopes for dovish remarks from Fed Chair Powell at the Jackson Hole symposium. A meeting between Russian President Putin and Ukrainian President Zelensky could happen soon, Commerzbank Research's Carsten Fritsch says in a research report. 'In this respect, the geopolitical risk premium is likely to decline, which should have a dampening effect on the gold price,' the commodity analyst says. At the same time, however, market participants are hoping that Powell will offer some hints in his speech about whether a rate cut is in the cards at September's meeting, Fritsch adds. Spot gold is flat at $3,315.93/oz. (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store