Good MorningThe broad equities markets rebounded on Tuesday but fell short of reclaiming Monday’s opening highs. Boeing is the day’s leader for the Dow Industrials. Shares of the aircraft manufacturer rose nearly 5.0% to recover from a recently set low. Economic data helped spur the move, the latest report from the Institute of Supply Management shows manufacturing activity accelerated strongly in December versus an expectation for sluggish growth.
The move up in the indices was also supported by good news out of the oil patch. Saudi Arabia says it will cut production of oil in February and March to help bring the world market back into equilibrium. The news strengthens an already bullish outlook for oil that centers on economic reopening and rising demand in 2021. The price of Brent North Sea and West Texas Intermediate crude jumped more than 5.5% with similar gains in most energy-related stocks.
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Consumer Discretionary | | Iconic motorcycle manufacturer Harley-Davidson (NYSE: HOG) stock has gone through a rollercoaster 2020 but managed to recover back to pre-COVID levels heading into 2021. Outdoor leisure stocks have been pandemic winners in 2020 as COVID-19 restrictions prohibited conventional travel and vacation des... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Materials | | Fast-casual restaurant franchisor FAT Brands Inc. (NASDAQ: FAT) stock has been in a solid uptrend since bottoming out at the height of the COVID-19 pandemic with the S&P 500 index (NYSEARCA: SPY). The asset-light operating model has kept the Company resilient during and through the pandemic. As ... Read the Full Story |
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Finance | |
There are plenty of pitfalls that investors should try to avoid when it comes to dividend investing. Some of the most common mistakes include only focusing on a stock’s dividend yield, not doing enough research ahead of a purchase, and placing a big emphasis on the current payout versus futu... Read the Full Story |
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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 |
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Finance | | Since October, the NASDAQ Bank Index (NASDAQ: BKX) has tacked on more than 30% and has come within touching distance of its pre-COVID levels. We’re only one trading day into the new year and already the upgrades are flying in. On Monday, Barclays were out with 3 notable calls on 3 notable bank... Read the Full Story |
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Consumer Staples | | Business Is Good At Coca-Cola, But Not Good Enough
The Coca-Cola Company (NYSE:KO) received two downgrades in two days that raise a serious question about the company’s future. The giant is poised to return to growth but the outlook for that growth is dimming. The problem, ultimately, is Coca... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Markets | |
After the S&P, Nasdaq, and other major U.S. averages had remarkable runs in 2020, many investors are wondering where to turn to for growth in the new year. For some with a hearty risk appetite, the small and micro-cap space contains some prospective 2021 winners.
P.A.M. Transportation Service... Read the Full Story |
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Consumer Discretionary | | The Rebound In Fast-Food Is On
The fast-food industry was not immune from the pandemic and those without a drive-through presence were hit the hardest. Growth chains like Chipotle Mexican Grill (NYSE:CMG) and Shake Shack (NYSE:SHAK) saw their revenue fall by high double-digits but the rebound is al... Read the Full Story |
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Consumer Discretionary | | Restaurant Brands International Is The Best Value In Quick-Service
Going on the assumption that fast-food restaurants are on the brink of a major rebound in 2021 the next question is which one is the best buy. Simply from a value/yield perspective Restaurant Brands International (NYSE:QSR) is by fa... Read the Full Story |
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Consumer Discretionary | | One thing is for sure, very few investors are starting 2021 with an identical portfolio to that which they started 2020 with. It was one of the most volatile years on record, not only in terms of crashes and rallies but also industry rotation. Trends changed, then changed again, and there’s pl... Read the Full Story |
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Consumer Discretionary | | 2020 is a year that most restaurants would like to forget. Chipotle (NYSE: CMG), however, is a notable exception. After watching its stock lose more than half its value in the early stages of the pandemic, Chipotle shares roared back, closing the year up 65.7%.
Chipotle’s performance can be l... 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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