Good MorningThe equity market had a mixed day on Thursday first down on data and COVID news, then up on stimulus hopes. On the employment front, the number of new claims for unemployment rose for the first time in months. The rise is in response to widening lockdowns and may continue to climb in the coming weeks.
The Philly Fed MBOS is another concerning data point. It came in at an expansionary 26 but down sharply from the previous month. The better news concerns housing sales and leading indicators. Housing sales accelerated faster than expected while the Index of Leading Indicators points to economic expansion.
Regarding stimulus talks. Senate Minority Leader Chuck Schumer says Majority Leader Mitch McConnel has agreed to restart negotiations. The catch is the Senate is still out on recess and there is no indication either side will concede on sticking points.
Featured: The Calm Before the Rotation — What’s Quietly Building Now (Stock Wire News) (Ad) 
|
Consumer Staples | |
This year has dramatically changed the consumer shopping landscape. The pandemic has altered the way we buy both essential and non-essential goods and accelerated e-commerce growth globally.
So, it stands to reason that certain consumer-related stocks should continue to benefit from the unusual s... Read the Full Story |
|
From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
A free report highlights seven cash-generating stocks with a 5 percent forward yield floor and roughly 6.5 percent average cash yield, capped at two picks per sector.
Each pick includes coverage numbers and an honest bear case. Five of the seven have raised payouts for 17 to 56 straight years. | | Get the seven high-yield dividend stocks free now |
|
Consumer Discretionary | | Electric vehicle (EV) company Kandi Technologies Group, Inc. (NASDAQ: KNDI) stock has seen interest in recent months as the EV craze pivoted from Tesla (NASDAQ: TSLA) to Chinese EV makers. With the recent earnings blowout momentum from Chinese EV makers like Xpeng (NYSE: XPEV) and Li Auto (NYSE: LI)... Read the Full Story |
|
Consumer Staples | | Target Is A Clear Winner
Target (NYSE:TGT) has long been a favorite of mine. The stock has gained more than 100% since I first called it a buy and there are more gains still to come. Strictly speaking from the perspective of value, the stock is trading about 22X this year’s earnings and in-li... Read the Full Story |
|
From Our Partners | | One fund holds Nvidia, CrowdStrike, Palantir and other major AI names, and pays a 34% annualized distribution rate.
Instead of guessing which AI stock wins, this fund delivers income every single Thursday, up to $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down what's inside the fund and how the weekly payouts work. | | Watch the free video to see how the weekly payouts work |
|
Healthcare | |
The good news about this whole COVID-19 mess, if anything about it can be said to be good news, is that it has focused science to a degree probably not thought possible on several fronts. Vaccine development has taken off like a skyrocket, and now, we have several candidates well on their way thro... Read the Full Story |
|
Markets | |
The election season and recent vaccine developments have spurred some remarkable shifts in market sentiment. For some sectors it has been out with old and in with the new.
Whether due to expectations of a supportive Biden administration or normalized economic conditions, financial, industrial, an... Read the Full Story |
|
From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
|
Finance | |
While there have been several negative headlines impacting Chinese equities this year including things like delisting threats and antitrust concerns, it seems that investors are still very interested in adding shares of companies that are located in the fastest-growing economy in the world. It is ... Read the Full Story |
|
Consumer Discretionary | |
Undoubtedly, one of the biggest Cinderella stories of the last couple years in the stock market has been Tesla (NASDAQ:TLSA). With huge gains, new products, and a whole new mystique, the company that started the year in the sub-$100 doldrums rocketed to success, gaining at one point better than si... Read the Full Story |
|
Consumer Discretionary | | There’s A Dividend Increase Brewing At La-Z-Boy
La-Z-Boy (NYSE:LZB) is an under-reported pandemic-winners that still has room to run, it’s that simple. The company is experiencing a robust rebound that has only accelerated since the calendar 2nd quarter. And it’s still a bargain t... Read the Full Story |
|
Utilities | |
Investing in the renewable energy sector makes a lot of sense at this time. The global renewable energy market is expected to reach a valuation of $2.15 billion in 2025 and there will certainly be companies that benefit from this growth. With the prospects of a Joe Biden presidency and improving t... Read the Full Story |
|
Technology | | Ecommerce facilitator BigCommerce Holdings (NASDAQ: BIGC) stock has been frustrating investors since peaking at $162.50 on Aug. 26, 2020. Shares have sold off on every breakout attempt as it trades back towards post-IPO lows and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). As we ge... Read the Full Story |
|
The Early Bird Stock Of The Day Equifax Inc. operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship. The USIS segment provides consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting services; mortgage services; financial marketing services; identity management services; and credit monitoring products. The International segment offers information service products, which include consumer and commercial services, such as credit and financial information, and credit scoring and modeling; and credit and other marketing products and services, as well as offers information, technology, and other services to support debt collections and recovery management. The company serves customers in financial services, mortgage, retail, telecommunications, utilities, automotive, brokerage, healthcare, and insurance industries, as well as government agencies. It operates in Argentina, Australia, Brazil, Canada, Chile, Costa Rica, Dominican Republic, Ecuador, El Salvador, Honduras, India, Ireland, Mexico, New Zealand, Paraguay, Peru, Portugal, Spain, the United Kingdom, Uruguay, and the United States. The company was founded in 1899 and is headquartered in Atlanta, Georgia. | | View Today's Stock Pick |
|
