Good MorningEquities advanced on Thursday under the double impetus of better than expected economic data & earnings. On the earnings front, a raft of reports came in not only better than expected but with improved guidance over the past two days. The reports underscore the expectation for the economic rebound to accelerate faster than previously predicted and continue to drive earnings growth over the remainder of the year.
On the economic front, there are two reports that have traders buzzing. The first is the weekly jobless claims figure. While still high at over 770,000 the figure fell unexpectedly over the past week and heightened the expectation for positive job growth in January. The second is the Factory Orders numbers, Factory Orders jumped 1.1% and nearly doubled the consensus as rising demand across all industries leaves shelves and inventories bare.
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Materials | | When Beating The Consensus Isn’t Enough
In a world where better-than-expected is the new normal companies that actually impress the market are hard to find. Often times the results are a one-off thing, hampered by an outlook for slowing growth, or coupled with weak guidance. That’s why ... 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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Industrials | | Professional staffing solutions provider Kforce Inc. (NASDAQ: KFRC) stock has been trying to break three-year highs on the acceleration of the post-pandemic economic recovery. Shares are tracking the benchmark S&P 500 index (NYSEARCA: SPY). The stay-at-home restrictions mandated during the COVID... Read the Full Story |
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Healthcare | |
As sweeping changes to cannabis laws in the United States start to pick up steam, more and more investors are getting excited about the prospects of companies in the industry. While we don’t know exactly how long it will take to see these legal changes come into effect, it doesn’t hurt... 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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Technology | |
For technology buffs, one of the more exciting activities out there is to watch Apple patents. Sometimes, Apple will patent some amazing or otherwise bizarre piece of technology, but never actually do anything with it. The game that follows is whether or not a new patent will ever see the light of... Read the Full Story |
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Consumer Staples | | Don’t Read Too Much Into Clorox Guidance
Shares of The Clorox Company (NYSE:CLX) are falling after the company released calendar Q4 earnings and what some are calling weak guidance. To be clear, shares aren’t falling because the guidance is weak, it isn’t, shares are falling beca... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Technology | | Semiconductor lithography systems maker ASML Holdings N.V. (NASDAQ: AMSL) stock has been rising in a parabolic manner as the insatiable global demand for faster, cheaper, and more powerful chips continue to accelerate. ASML’s state of the art extreme ultraviolet (EUV) lithography systems curre... Read the Full Story |
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Industrials | | Labor Stocks Will Boom In 2021
Labor stocks are set to boom in 2021, it’s just that simple. Despite all the headwinds provided by the pandemic, the labor market has been able to hold up rather well and the economic rebound is already on. Based on what the CBO says, economic activity in the U.... Read the Full Story |
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Consumer Discretionary | |
Since spinning off from McDonald's 15 years ago, Chipotle Mexican Grill (NYSE:CMG) has had its share of ups and downs. Issues related to foodborne illness outbreaks damaged the company's reputation and sales a few years back. For a period, it looked like Chipotle would never be the same in the eye... Read the Full Story |
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Communication Services | | Pinterest (NYSE: PINS) is set to report its Q4 earnings tomorrow after the bell. The online product and idea discovery platform has been one of the biggest pandemic winners; shares have roughly quadrupled since the beginning of 2020.
The pandemic has had a net-positive impact on Pinterest – t... Read the Full Story |
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Markets | | Mobile social gaming platform Zinga (NASDAQ: ZNGA) stock has been hitting record highs on the success of its gaming apps. The growth in both revenues and daily active users (DAU) can be attributed to the stay-at-home mandates triggered by COVID-19 pandemic in 2020 along with its acquisition strategy... Read the Full Story |
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The Early Bird Stock Of The Day Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services. It also provides mutual fund management, insurance and securities brokerage, foreign exchange services, financial leasing, financial consulting and advisory, investment management, foreign trade, leasing, factoring, treasury, and transactional services, as well as specialized services to finance residential projects. In addition, the company offers short-term financing and fundraising, and brokerage services, as well as derivatives, securitization, and other products; and manages capital allocations. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. The company was incorporated in 1977 and is headquartered in Santiago, Chile. Banco Santander-Chile operates as a subsidiary of Banco Santander, S.A. | | View Today's Stock Pick |
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