Good MorningEquities slipped again on Thursday following a weaker than expected jobless claims report and guidance from Walmart. On the earnings front guidance from Walmart put the market’s expectations in sharp contrast with reality. Walmart says growth is expected to continue in 2021 but at a much slower pace than in 2020. The news is not the first of its kind and sent the major indices down 0.25% to 0.75% with tech leading the losses.
On the economic front, the weekly initial jobless claims figures rose slightly versus an expected decline of 100,000 or roughly 12.5%. The increase keeps the spotlight on unemployment although other figures within the report are more promising. Both the number of continuing claims and total claims fell in the reporting period and point to rapidly declining unemployment.
Featured: 5 Best Stocks Under $5 to Buy Now (Ad) 
|
Basic Materials | |
With the price of copper showing serious strength and recently soaring to new 8-year highs, taking a look at companies that offer exposure to this commodity might be a move that pays off for investors. It’s a versatile metal that has a ton of different industrial applications and is often us... Read the Full Story |
|
From Our Partners | | Jon Najarian called Tesla a buy in 2014 before the stock climbed as high as 3,392%. He also called Palantir on live TV in 2020 before it surged as high as 2,000%.
Now Najarian has a new prediction centered on Elon Musk - tied to the anticipated SpaceX IPO and what he describes as a potential $44 trillion opportunity. He's sharing the specific moves he thinks investors should consider making now. | | See exactly what Jon Najarian is predicting about SpaceX and Musk |
|
Markets | |
Hearing about a huge win these days in earnings reports is something of a minor miracle and one that Deere & Company (NYSE:DE) pulled off in a big way. The company turned in earnings approaching nearly double what analysts expected, and considering the year we've had in commodities, looking fo... Read the Full Story |
|
Consumer Staples | | Hormel Is Overpriced, But There’s A Reason
Hormel (NYSE:HRL) is by far one of the better consumer staples companies on the market. The downside for investors is that, with such a fine pedigree, it is a stock people want to own and that tends to keep share prices up. Trading at 27X this year&r... Read the Full Story |
|
From Our Partners | | Jensen Huang says AI can't scale without it. Google Ventures calls it the future of AI compute. Sequoia Capital - the firm behind Anthropic and OpenAI - calls it a 'holy grail.' It's smaller than a fingertip and made of glass.
Wall Street insider Jason Bodner - who called Nvidia at $4.50 - believes this 'light-speed' device could be bigger for AI than GPUs and is about to launch a new wave of winners. He's sharing his number one stock pick tied to it at no cost. | | Click here to get Jason Bodner's top pick for free |
|
Consumer Discretionary | | It’s A New Day For Jack In The Box, Inc
Jack In The Box (NASDAQ:JACK) is fast becoming a force to be reckoned with in the fast-food wars. Long a stagnant brand, the new CEO Darrin Harris is bringing new life to the company. The timing of his entrance was perfect, under his leadership the comp... Read the Full Story |
|
Retail/Wholesale | | America’s Car-Mart, Business The Old Fashioned Way
The rebound in the used-car market is yet to run its course and that is evident in results from America’s Car-Mart (NASDAQ:CRMT). What is also evident in the results is that it doesn’t take eCommerce to get business done and grow ... Read the Full Story |
|
From Our Partners | | Porter Stansberry - who warned readers about Fannie Mae in 2006, called gold in 2008, and predicted COVID-era inflation - believes the U.S. dollar is undergoing its most significant reset since 1974.
In a new documentary, Stansberry connects the tariffs, the Greenland obsession, the $1.4 trillion UAE deal, and disputes with China to what he calls Trump's New Dollar - and explains specific steps investors should take before a critical meeting of world leaders this December. | | Watch the documentary and learn what steps to take now |
|
Markets | |
In the early stages of 2021, the stock market has seen some interesting leadership changes develop. Sectors that were out of favor in 2020 are suddenly all the rage. A rotation into small cap and value stocks that began late last year has carried into the new year.
This means that at the individu... Read the Full Story |
|
Technology | | Shopify Rides The eCommerce Tidal Wave To Profits
If you doubt the impact of the pandemic on eCommerce and its importance to business today look no further than Shopify (NYSE:SHOP). Shopify is a cloud-based platform for merchants and retailers connecting them with the services and clientele they ne... Read the Full Story |
|
Technology | | Cloud data analytic solutions provider Teradata Corporation (NYSE: TDC) stock has nearly doubled in 2021 on the heels of a solid turnaround. The pandemic has accelerated the adoption of digital transformation. Surging social media engagements, ecommerce, work, learn and entertain-at-home trends have... Read the Full Story |
|
Markets | | Three-wheel electric vehicle (EV) Arcimoto, Inc. (NASDAQ: FUV) was highlighted in an article “Arcimoto (NASDAQ: FUV) Stock is Worthy at These Levels” on Jan. 13, 2021. Shares have nearly doubled since then prompting the consideration to ring the register taking some or all profits while... Read the Full Story |
|
Consumer Staples | |
Consumer staples stocks typically carry lower valuations than the broader market due their lower growth, defensive nature. Many also come with above-market dividends making them valuable components of a balanced long-term portfolio.
But as with other sectors, the valuations of the consumer staple... Read the Full Story |
|
The Early Bird Stock Of The Day Green Brick Partners, Inc. is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes. The Builder operations Southeast operates builders in Georgia and Florida. The Land Development segment acquires land for the development of residential lots that are transferred to our controlled builders or sold to third party homebuilders. It also provides financial services platform, including mortgage and title services. In addition, the company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. Green Brick Partners, Inc. was incorporated in 2006 and is based in Plano, Texas. | | View Today's Stock Pick |
|