CNBC Pro brings you 10 stocks that made the firm's list.
Wolfe Research has flashed warning signs about some stocks that are highly leveraged that it says may struggle as interest rates continue rising and the country grows increasingly fixated on the possibility of a recession. Many companies used 2020 and 2021's period of low interest rates to "term out" their debt structures, meaning most do not have any debt reaching maturity in the coming quarters, according to Chris Senyek, an analyst at the firm.
mountain Wynn, MGM and Norwegian Fast-food chain Wendy's , meanwhile, has all of its debt set to mature in the next three years, making it unique among big-name corporations that used the pandemic's era of low interest rates to push out its borrowing. Wendy's beat fourth-quarter earnings estimates when it reported last week. The burger chain expects to earn between 95 cents and $1 per share this year compared with the $1 per share expected by analysts polled by FactSet.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pro Picks: Watch all of Monday's big stock calls on CNBCA recap of Monday's best stock picks on CNBC.
Read more »
Bitcoin and Ether rise despite Silvergate suspending its crypto payments network: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Caitlin Long, founder and CEO of Custodia Bank, which aims to bridge traditional finance and digital assets, discusses the uncertainty at Silvergate Bank.
Read more »
CNBC Daily Open: All eyes are on Jerome PowellU.S. Federal Reserve Chair Jerome Powell will testify before Congress as a week packed with economic data releases lies ahead.
Read more »
CNBC Daily Open: Powell to speak in Congress – markets are mixed on expectationsU.S. Federal Reserve Chair Jerome Powell will testify before Congress as a week packed with economic data releases lies ahead.
Read more »
Google CEO touts desk-sharing as office feels like 'ghost town': CNBCGoogle's CEO touts desk-sharing, says the office can feel like a 'ghost town' with many employees in the office just 2 days a week: CNBC
Read more »
CNBC Investigations“Fraud Inc.” premieres Thursday: In a CNBC exclusive investigation, we reveal the rampant $100 billion fraud against Medicare and Medicaid from schemes with stolen millions hidden under a home to phony medical device storefronts.
Read more »