Good MorningSeptember got off to a great start with the major indices moving up to set new all-time highs. The tech-heavy NASDAQ Composite led the charge with a gain near 1.40% with the S&P 500 and Dow Jones Industrial close behind. Apple, despite newly split shares, led the tech-sector with a gain of 4.0% with Dow component Walmart up more than 6.0%.
Tuesday’s move was supported by better than expected manufacturing data. The ISM Manufacturing index came in at a hotter-than-expected 56 with notable strength in hiring and new orders. The data is only the latest indication of accelerating economic activity in the U.S. Traders are eyeing the much-anticipated Non-farm-payrolls figure due out on Friday. The consensus is jobs rose more than 1.1 million in August.
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Healthcare | |
It's easy to brush aside a small firm as a bad investment. It's even easier when it's a small pharmaceutical firm. But what would you say to a small pharmaceutical that's increased its value five-fold in the space of as many years? That's the proposition you get with Corbus Pharmaceuticals (NASDAQ... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Markets | |
Data analytics firm Alteryx (NYSE: AYX) stock took a shocking collapse on its Q2 2020 earnings release shaving more than (-35%) off its share price in the following two-days. Their analytics processing automation (APA) platform experienced churn in organizations with under $100 million in annual s... Read the Full Story |
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Markets | | The S&P 500 (NYSEARCA: SPY) has hit two of three upside targets outlined a few weeks ago in MarketBeat original article “S&P 500 in ‘Fake it Til You Make It’ Melt-up Trajectories”. The market has shunned off any skepticism as optimism for a COVID-19 vaccine and dovish... Read the Full Story |
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Healthcare | |
Some stocks have done shockingly well in the midst of a pandemic, and that really shouldn't be a surprise. We've seen explosive growth come out of it since the depths of April's disaster, and Sorrento Therapeutics (NASDAQ: SRNE) has recently emerged as one of the biggest gainers in the field. It m... Read the Full Story |
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Markets | | Big Lots Suffers From High-Expectation Syndrome
Looking at Big Lots (NYSE:BIG) second-quarter report I can find absolutely no reason why the stock tanked 10% after its release. Looking into the company’s expectations and taking note of an incredibly high short-interest (above 20% even today) ... Read the Full Story |
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Industrials | | Eaton Corporation Prepares For Economic Rebound
Eaton Corporation (NYSE:ETN) was not immune to the pandemic. The company is a maker of electrical components for business, industry, and residential use, and its markets were hit hard. But that doesn’t mean it isn’t a buy. The Eaton Corpor... Read the Full Story |
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Consumer Discretionary | | Chinese electric vehicle manufacturer NIO Limited (NYSE: NIO) stock has been on fire driven by the electric vehicle (EV) and SPAC speculation tailwinds stemming from the meteoric rise in Tesla (NASDAQ: TSLA) shares. Shares have blown away the performance of the benchmark S&P 500 index (NYSEARCA:... Read the Full Story |
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Consumer Staples | | Freshpet (NASDAQ: FRPT) was trading at all-time highs right before the onset of the pandemic. But after the natural pet food company’s shares lost around half their value in less than a month, they have come roaring back, nearly tripling off the lows and trading at nearly 40% above those pre-p... Read the Full Story |
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Technology | |
We’ve witnessed some truly monumental moves in the stock market this year that continue to defy expectations. Whether it’s rallying from the fastest market crash ever to reach new all-time highs in a matter of months or IPO stocks roaring higher on speculative action seemingly every we... Read the Full Story |
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Technology | |
While stocks have always had a certain volatility to them, these days, volatility seems to be almost par for the course. We've seen some stocks explode with value, with 1,000% gains no longer just a pipe dream. One company that's seen some staggering gains—and a few less-staggering losses&md... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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