3 Cheap Consumer Stocks Worth Shopping For. Kandi (NASDAQ: KNDI) Stock is a Cheap Play on Cheap EVs. Global markets lower after Wall Street falls on virus fears.
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The Early Bird Newsletter

Thursday, November 19th

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Good Morning

The S&P 500 made another try for a new all-time high but the effort was weak and went nowhere. By the end of the day, the broad-market index shed close to 1% and may continue lower in the coming sessions. Although the COVID-Vaccine news has been good, the good-feelings have been tempered by record-setting infection rates and the fear of a global economic shut-down. The last time the U.S. shut down it cost more than 20 million people their jobs and 32% of GDP.

In brighter news, Wednesday’s economic data was good and points to acceleration within the economic rebound. On the retail front, retail sales slowed from the prior months’ 1.6% increase to 0.3%. The 0.3% is a more sustainable figure and in-line with consensus. On the industrial front, industrial production and capacity utilization were both better than expected. In housing news, the Home Builders Index accelerated 2 points to set another new high on strong demand.
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Markets

3 Cheap Consumer Stocks Worth Shopping For

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...

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Markets

Kandi (NASDAQ: KNDI) Stock is a Cheap Play on Cheap EVs

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)...

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Markets

Global markets lower after Wall Street falls on virus fears

Global stocks were mostly lower Thursday after Wall Street slid amid anxiety over the economic fallout from rising coronavirus infections in the United States and Europe. Markets in London, Tokyo, Frankfurt and Hong Kong declined, while Shanghai advanced. On Wall Street...

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Markets

Why Most Ghost Kitchens Will Fail in 2021

This year, every restaurant franchise is grappling with decisions about delivery. But the fact is, delivery was a priority even before the pandemic, with 78 percent of respondents in last year’s National Restaurant Association survey looking to focus on their off-p...

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Politics

EU hit by new crisis, this time over money and values

The European Union still hasn't completely sorted out its messy post-divorce relationship with Britain — but it has already been plunged into another major crisis. This time the 27-member union is being tested as Poland and Hungary block passage of its budget for the next seven year...

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Politics

The Latest: Germany reports slowdown in COVID-19 spread

BERLIN — Germany’s disease control agency says the coronavirus situation in the country remains serious but there are signs that lockdown measures are slowing the spread of the virus. The Robert Koch Institute reported 22,609 new confirmed cases of COVID-19 in the past day, and 251 ad...

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Politics

The Latest: China's Xi calls for cooperation on vaccine

BEIJING — Chinese President Xi Jinping is calling for closer international cooperation on making a vaccine for the coronavirus available. Xi spoke Thursday in an address delivered via video at an event at the Asia-Pacific Economic Cooperation forum. Xi said: “To beat t...

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Markets

Boeing (NYSE: BA) Cleared For Takeoff

After trading mostly sideways for the past five months, shares of Boeing (NYSE: BA) finally started to look ready to break out to the upside after Wednesday’s session. There’s still a long road ahead of them before they’re back trading at pre-COVID levels, but yesterday’s upd...

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Markets

Target (NYSE:TGT) Is Still Cheap At New All-Time Highs

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...

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The Early Bird Stock Of The Day

Equifax Inc.

Equifax Inc.

Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), Workforce Solutions, International, and Global Consumer Solutions. The USIS segment offers 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; mortgage services; financial marketing; and identity management services. The Workforce Solutions segment provides employment, income, and social security number verification services, as well as payroll-based transaction and employment tax management services. The International segment provides 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 Global Consumer Solutions segment offers credit information, credit monitoring, and identity theft protection products directly to consumers through Internet. The company serves customers in financial service, mortgage, employers, consumer, commercial, telecommunication, retail, automotive, utility, brokerage, healthcare, and insurance industries, as well as state and federal governments. It operates in the United States, Canada, Australia, New Zealand, India, the United Kingdom, Spain, Portugal, Argentina, Chile, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru, Uruguay, Brazil, the Republic of Ireland, Russia, Cambodia, Malaysia, Singapore, and the United Arab Emirates. Equifax Inc. was founded in 1899 and is headquartered in Atlanta, Georgia.

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