Good MorningThe market saw its best up-week in months end quietly. Friday’s action saw the major indices trade within very tight ranges that point to potentially big moves next week. Friday’s action had the index in consolidation at new highs that could lead to a rally in the week ahead. The reason is simple, the U.S. elections split the government ensuring another two years of deadlock.
On the economic front, the October jobs report shows the U.S. is still rebounding strongly. The net number of new jobs came in well above expectations and just below the previous month’s figure. Along with that is a 1.0% improvement in unemployment that points to resilience within the underlying economy. Next week’s hurdle will be earnings, there are some key economic data points but nothing to move the market.
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Consumer Staples | | The Hershey Company Is Focused On Growth
The Hershey Company (NYSE:HSY) has been a lagging stock during the rebound and that is a surprise. The company is focused soundly on treats and sweets but it is also a diversified play on snacking with growth in its sights. The company has been working to re... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Consumer Discretionary | |
When you think of Chinese e-commerce companies, it’s quite likely that the first one that comes to mind is Alibaba (NYSE:BABA). However, investors need to understand that there’s room for more than one successful e-commerce business in one of the world’s largest economies. The ma... Read the Full Story |
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Consumer Discretionary | |
Anytime a big voting event comes around, certain stocks are deemed winners and losers as the results roll in. Investors should pay attention to the ballot measures that are passed, as they can offer insight into which industries are likely to rally. Yesterday, three particular industries received ... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Consumer Staples | | A Specialty Dividend For Dividend Growth Investors
I am well aware of the trends within the consumer food group so I am not surprised by what I see in Lancaster Colony Corporation’s (NASDAQ:LANC) fiscal Q1 report. What I am surprised about is that I have never heard of this company and I wish... Read the Full Story |
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Healthcare | | Cardinal Health Pops After Q3 Earnings
I like Cardinal Health (NYSE:CAH) for many reasons but there are a few that stand out. The first is that Cardinal Health is a great dividend-payer in the health care field. The second is that Cardinal Health is part of what I like to call the infrastructure of... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Industrials | |
There’s been a change in character in the market lately, with many of the high-flying technology stocks that have rallied for the majority of the year experiencing heavy selling. Investors are likely profit-taking after a massive run in some of the hottest sectors, and it’s interesting... Read the Full Story |
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Materials | | Another Blow-Out Quarter For Scotts-Miracle Grow
Scotts-Miracle Grow (NYSE:SMG) emerged as a winner early in the pandemic and is one rebound story that has legs. This company is not only producing strong double-digit growth that growth accelerated in the 4th quarter and more is expected for next ye... Read the Full Story |
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Communication Services | |
The ability to enjoy digital media on streaming platforms has completely changed the way that the world consumes entertainment. More and more people are cutting their cable cords and electing to pay for only the content that interests them. With companies like Netflix, Disney, and Amazon all offer... Read the Full Story |
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Consumer Discretionary | | This Is A Turning Point For Camping World
Camping World (NYSE:CWH) has been one of the pandemic-winners this year to be sure. The company has seen no small amount of demand for its products, a double-digit surge in revenue, and the outlook keeps getting better. Oddly enough there are many investors... Read the Full Story |
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Technology | |
You have to give Skyworks Solutions (NASDAQ:SWKS) credit; it demonstrates that you really can't keep a good stock down. Even when the company manages to beat expectations for earnings and revenue, sometimes, the share price still goes downward due to other factors or just rampant profit-taking. Re... Read the Full Story |
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The Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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