Good MorningEquities continued to rally on Wednesday with the S&P 500 and Dow Jones Industrial Average moving up to set new all-time highs. The moves are driven buy better than expected earnings from Verizon and other high-profile names despite the impacts of rampant inflation and system-wide supply chain disruptions. The NASDAQ Composite is trailing the other two indices and closed flat for the day.
Thursday’s action should be more of the same with reports due out from another handful of S&P 500 companies. The risk is the market may not be able to sustain new all-time highs in the face of mounting headwinds within the economy. No few companies have cut guidance despite the general strength being reported by the S&P 500.
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Retail/Wholesale | |
Brinker International Falls On Weak Preliminary Results
We called a bottom for Brinker International (NYSE: EAT) following the last earnings report but that was before the company caught COVID. The company missed the consensus estimate for calendar Q2 by a slim margin but produced a high 20% grow... Read the Full Story |
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From Our Partners | | BlackRock CEO Larry Fink's 2026 chairman's letter compared tokenization to the birth of the internet - and the firm now manages nearly $150 billion connected to digital asset markets.
JPMorgan is processing $2 billion a day through blockchain rails. Goldman, Citi, and Fidelity have all committed. One scarce asset powers every transaction on this new financial infrastructure, and there's a full institutional accumulation report available at no cost. | | Get the ticker and full report on that scarce asset right here |
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Consumer Discretionary | |
Cruise ship operator Norwegian Cruise Lines (NYSE: NCLH) stock has been steadily climbing since its pandemic lows were hit in 2020. The Company plans to have 75% of its fleet operating by January 2022 and expects that to rise to 100% by April 2022. The Company is seeing the result of the pent-up d... Read the Full Story |
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Transportation | | As we head into earnings season again, one of the things investors are going to hear over and over again is how supply chain issues are impacting all different types of companies. These problems are a direct result of the pandemic and have put many businesses in a position where they are scrambling ... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to move out of overpriced AI stocks before the tech trade breaks down and into lesser-known names with real potential to challenge the Mag 7.
One pick he calls 'an upgrade to Tesla stock' is a little-known company that just inked a partnership with Nvidia, positioning it ahead of Tesla in the autonomous vehicle race. | | Get the name, ticker, and full Hotlist before markets open |
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Technology | |
Verizon Is Still A Highly Buyable Stock
We called out Verizon (NYSE: VZ) a few weeks ago has a high yield stock that just went on sale. A downgrade from Barclays on a diminished outlook sent the stock down to an 18-month low that now, in hindsight, looks like a class-A buying opportunity. The rea... Read the Full Story |
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Technology | |
Enterprise server and services giant Hewlett Packard Enterprise Company (NYSE: HPE) stock is benefitting from the reopening trend as workers return to offices. The enterprise-focused IT provider is a benefactor of the reopening trend as organizations no longer see digital transformation as an opti... Read the Full Story |
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The Ultimate Day Trading Cheatsheet distills that edge into 7 pages, including 23 Golden Rules and a specific trade setup with a reported 94.2% win rate. It's available at no cost. | | Download your free copy of the Ultimate Day Trading Cheatsheet now |
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Markets | |
Did you know that really rich people rely on several sources of income — not just one?
The reality is that a total of 54% of Americans live paycheck to paycheck — that's 125 million U.S. adults, according to LendingClub and PYMNTS. Of this group, 21% struggle to pay their bills, whic... Read the Full Story |
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Medical | |
Tailwinds And Pipeline Products Drive Abbott Shares Higher
Abbott Laboratories (NYSE: ABT) has been one of our favorite dividend-paying stocks for quite some time. The yield isn’t much to brag about at 1.5% but it's an incredibly safe payout and backed up by a 32-year history of dividend in... Read the Full Story |
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Consumer Staples | |
Inflation Headwinds Cut Deep Into WD-40 Company Results
WD-40 Company (NASDAQ: WDFC) is a great growth story and one that we have been avidly following for the last 2 years or so. The company has been working hard to expand its reach, deepen its market penetration and grow both the top and bottom... Read the Full Story |
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Markets | |
It's always fun to use "reverse" psychology on your kids: "Don't you dare clean your room!" Sure enough, they run up the stairs, laughing hysterically, to make their beds and shove half of their toys in the closet.
If only it was that easy with money: "Don't you dare spend too little this month!"... Read the Full Story |
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Retail/Wholesale | | Having conviction in a stock is a lot easier when you know that some of the best and brightest equity analysts on the street have recommended it. While you should never invest in a company solely based on an analyst report, it does pay off to use them for research purposes and to learn more about a ... Read the Full Story |
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The Early Bird Stock Of The Day Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service. The company provides various tiers of digital video programming and audio services, as well as digital video recorders and multimedia home gateway systems; Horizon 5, a cloud-based, multi-screen entertainment platform that combines linear television, including recording and replay features and video-on-demand services; Horizon Go, an online mobile app; and channels, including general entertainment, sports, movies, series, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels. In addition, it offers postpaid and prepaid mobile services; circuit-switched telephony services; and personal call manager, unified messaging, and a second or third phone line at an incremental cost. Further, the company offers business services comprising voice, advanced data, video, wireless, cloud-based services, and mobile and converged fixed-mobile services to small or home offices, small businesses, and medium and large enterprises, as well as on a wholesale basis to other operators. It operates in Belgium, Switzerland, Ireland, Slovakia, and internationally. Liberty Global Ltd. was founded in 2004 and is based in Hamilton, Bermuda. | | View Today's Stock Pick |
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