Good MorningThe market began the day on weak footing Thursday but buyers were waiting in the wings. Growing anxiety over the long-awaited next-round of fiscal stimulus has the market on edge. Despite this, bargain hunters used the opportunity to scoop up stocks expected to do well in this earnings cycle. The transports led the day with the Dow Jones Transportation Average gaining nearly a full percent to close at the high of the session and at a new all-time high.
While anxiety over stimulus has the market on edge it is the earnings that have stocks moving higher. The story this quarter is the same as last, companies well-positioned for the pandemic should continue to do well and perform above their consensus estimates. The next hurdle for investors will come next week, however, as earnings season ramps up to full speed. If the S&P 500 can claw its way to a new all-time high it should continue to move higher through the holiday season.
Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Energy | |
Without a doubt, one of the brightest sectors in the market at this time is alternative energy. Solar and alternative energy stocks have likely been rallying for several reasons. Alternative energy technology is becoming more advanced and less expensive for consumers to purchase. The earnings for ... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Finance | |
The first thing that may come to mind when you think of Progressive (NYSE:PGR) is one of the company's humorous television commercials. But outside the strange brand of humor is a strong brand of insurance that has quietly propelled Progressive's stock price to fresh all-time highs.
The Ohio-base... Read the Full Story |
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Retail/Wholesale | | We Like Walgreens Boots Alliance
Walgreens Boots Alliance (NASDAQ:WBA) has caught the eye of more than one analyst here at MarketBeat, and only for good reasons. I myself wrote about this stock in July, comparing it to CVS (NYSE:CVS) and coming away with the feeling this stock was a great buy for l... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Aerospace | | General Electric Is Approaching A Turning Point
General Electric (NYSE:GE) has seen no end to its troubles over the last few years but the end may be in sight. The company has been working hard to restructure, refocus, and reinvigorate growth under the leadership of CEO Larry Culp and those efforts... Read the Full Story |
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Technology | | Infosys (NYSE: INFY), the $70 billion Indian multinational, has had a year of years, and there are still ten weeks to go in 2020. Their American Depository Receipts (ADR) shares are up more than 25% this month alone and up a full 140% since March. Not bad for a company reporting revenue growth in th... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Auto/Tires/Trucks | | Start-up Chinese electric vehicle (EV) maker Li Auto Inc. (NASDAQ: LI) shares have gained from the frenetic boom in the EV market. The Company recently went public at $11.50 per share in July 2020 reaching a peak of $24.48 before selling off to $14.97 to stabilize. While SPACs have been the rage dri... Read the Full Story |
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Markets | |
Investors that are interested in the electric vehicle (EV) space have a lot of different companies to choose from. Many of these stocks have performed well this year and continue to benefit from bullish momentum thanks to optimism surrounding the industry and environmental concerns. As these compa... Read the Full Story |
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Medical | | Sorrento Therapeutics Coming To A Boil On COVID-19 Candidates
Sorrento Therapeutics (NASDAQ:SRNE) emerged as a COVID-19 play earlier this year. The company is a clinical-stage biopharmaceutical company focused on antibody-derived treatments. It was among the first to discover useful antibodies that... Read the Full Story |
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Finance | | Wells Fargo Is The Lagging Stock In A Lagging Sector
Wells Fargo (NYSE:WFC) has had a rough couple of years. Scandal after scandal set the stock up for a big fall when the pandemic struck and now it is trading at the lowest levels in a decade. The upshot is the company has been working on its probl... Read the Full Story |
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Medical | | Johnson & Johnson (NYSE: JNJ) reported its Q3 results before the bell yesterday and the numbers looked great and beat expectations. But shares dipped more than 2% in yesterday’s session.
Though the whisper numbers could have been a bit higher than the published estimates, I’m not su... Read the Full Story |
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The Early Bird Stock Of The Day ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania. | | View Today's Stock Pick |
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