1 Stock to Buy, 1 Stock to Sell This Week: Oracle, AutoZone
• CPI inflation, producer prices, and the last batch of earnings will be in focus this week.
• Oracle’s accelerating cloud business and bullish market sentiment make it a top pick to buy this week.
• AutoZone faces near-term challenges that warrant caution, making it a stock to sell this week.
U.S. stocks closed higher on Friday, as the and both ended at new records after the monthly jobs report kept the door open for another rate cut from the Federal Reserve later this month.
For the week, the Nasdaq jumped 3.3% and the S&P 500 rose 1% to notch their third straight positive week. The fell 0.6%, despite hitting a fresh all-time peak on Wednesday.
Source: Investing.com
The week ahead is expected to be another eventful one as…