Barron's Weekend Stock Picks: UAW's Strike Against The Big Three, Arm's Future And Sights On The S&P 500

Zinger Key Points
  • The United Auto Workers' strike against the Big Three auto makers could have huge consequences.
  • Goldman Sachs' chief investment officer of wealth management is betting huge on the S&P 500 Index.

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.
In "UAW, Big Three Auto Makers Enter Uncharted Waters With Strike," Neal Templin and Catherine Dunn explore the United Auto Workers' strike tactics against Ford Motor Co FGeneral Motors Co GM and Stellantis NV STLA and the strike's implications. 

In "Arm Stock Now Trades in Rare Territory. It Needs to Figure Out AI—and Fast," Eric J. Savitz examines the trajectory of chipmaker Arm Holdings Plc ARM, which received a rich valuation following its IPO but whose near-term revenue still relies on a smartphone market with slow growth.

In "1-800-Flowers Executives Bought Up Stock," Ed Lin writes that two senior executives, Chief Financial Officer Bill Shea and President Tom Hartnett, bought shares of flower-delivery service 1-800-FLOWERS.COM Inc FLWS, and notes that the company's latest quarterly results last month expressed optimism for the holiday season "and beyond."

In "This Investment Pro Isn’t Budging. She Thinks the S&P 500 Is Still Your Best Bet," Reshma Kapadia shares an interview with Sharmin Mossavar-Rahmani, Goldman Sachs' chief investment officer of wealth management who discussed the U.S.' recession outlook, China's struggling economy, the companies that could be most impacted by China's slowing growth and why the S&P 500 Index is still a solid choice for investors. 

In "Buy Stocks or Bonds? The Answer Might Surprise You," Teresa Rivas explains why Global Wealth Management's Chief Investment Officer Mark Haefele believes the economy is trending in the right direction and "creates an opportune moment for investors" to invest in a certain asset class (we won't spoil it for you). 

Read Next: Peter Schiff Fires A Grim Warning: 'Investors Who ... Expect Inflation To Slow Down Are In For Rude Awaking'

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