Good MorningEquities pulled back from their recent highs as traders wrestle with the conflicting signals given by rising interest rates. The rate on the 10-year Treasury note rose to its highest level in over a year signaling both an improvement in economic conditions and an environment of tightening FOMC policy. The change in fundamentals has investors shedding their rate-averse growth stocks in favor of higher-yielding blue chips and dividend-growth stocks.
Data on Tuesday including a read on consumer confidence. The level of consumer confidence jumped by 19 points, 13 points hotter than expected, to its highest level in years pointing to a very strong spring season for retailers. Elsewhere in the market, investors are waiting on the details of a multi-trillion dollar infrastructure plan and the tax increases that are sure to come with it.
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Consumer Discretionary | |
Lately, Wendy's (NASDAQ:WEN) stock chart has been about as flat as one of its value menu hamburgers. Since advancing 42% in 2019, the fast food, er quick-service restaurant, has struggling to get a second wind in an evolving restaurant industry.
Certainly, subsiding pandemic headwinds would help ... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Materials | | Nevada-based rare earths miner MP Materials (NYSE: MP) stock peaked around $51.78 and has been steadily selling off since then despite reporting stellar earnings. The Company is the largest operating U.S. miner of rare earth oxides (REO) in the western hemisphere used to process neodymium and praseo... Read the Full Story |
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Healthcare | |
LifeMD (NASDAQ:LFMD) is a lesser-known player in the rapidly growing $9.5 billion U.S. telehealth market. Despite its small stature, the company may have some advantages when it comes to gaining share of a market that research firm Arizton forecasts will grow 29% annually over the next five years.... Read the Full Story |
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From Our Partners | | On January 1, 2027, new Pentagon rules tighten sourcing restrictions on critical minerals tied to foreign adversaries. China controls more than 90% of global rare earth processing capacity, while the U.S. imports 100% of its titanium sponge.
SAGA Metals has drilled more than 23,000 meters at its Radar project, with all 92 drill holes intersecting mineralization. A maiden mineral resource estimate is expected in Q4 2026, alongside ongoing drilling at the Wolverine heavy rare earth project. | | See what's next for SAGA Metals before the deadline hits |
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Consumer Discretionary | |
Growth, Dividends, Dividend Growth, And Upgrades
We’re closing in on the start of the fiscal Q1 2021 reporting season and the upgrades keep rolling in. Today’s look is at a group of stocks that are not only poised for sustained growth in the post-pandemic world but ones that pay nice... Read the Full Story |
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Industrials | | It’s safe to say we are currently in a stock picker’s market. With plenty of economic and political factors making things complicated for investors at the moment, generating alpha is certainly not as straightforward as it was during 2020. Things like rising interest rates, potential tax ... Read the Full Story |
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From Our Partners | | Each morning, the Wave Software scans the market for stocks quietly building momentum over days or weeks, then narrows the list to a single name showing signs of an imminent move.
From there, it outlines specific options criteria designed to match that potential move, giving traders a complete setup before the market opens.
No guesswork, no scanning countless charts, just one focused opportunity to evaluate each day. | | See how the Wave Software pinpoints daily trade opportunities before 9 am. |
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Healthcare | | While the market has been somewhat difficult to get a read on lately, there’s still plenty of great opportunities out there for investors to consider including Cardinal Health (NYSE:CAH). Anytime a stock breaks out from a three-year consolidation pattern, it’s worth paying attention to. ... Read the Full Story |
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Markets | |
Walgreen’s Boots Alliance Is Shedding Dead Weight
We started getting bullish on Walgreen’s Boots Alliance (NASDAQ: WBA) about a year ago and have been getting more bullish as the quarters roll by. The company, long-plagued by dead weight, has been in the throes of a turnaround effort... Read the Full Story |
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Consumer Discretionary | | As if a 200% rally wasn’t convincing enough, Lululemon’s (NASDAQ: LULU) Q4 earnings last night cemented the fact that they were able to make the best out of the COVID pandemic. While the stock has been consolidating its gains a little bit below its all time highs in recent weeks, these n... Read the Full Story |
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Consumer Discretionary | |
The Chewy Growth Story Is Far From Over
We have liked Chewy, Inc (NYSE: CHWY) from the moment the company went public. The stock is truly the best-in-breed in a rapidly growing segment that is supported by not one but two secular trends. On one hand, is eCommerce which by itself is growing at a ... Read the Full Story |
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Technology | |
Semiconductor chips are seemingly everywhere these days. They are the brains behind everything from laptops and smartphones to medical devices and automobile technology.
Despite their widespread use, from an investment standpoint, it can be difficult to determine which semiconductor companies wil... Read the Full Story |
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The Early Bird Stock Of The Day Chegg, Inc. operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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