Good MorningEquity markets should continue to shake off the impact of higher than expected inflation this week but the risk of inflation is still present. The much-hotter than expected CPI and PPI releases underscore what industry professionals and S&P 500 executives have been saying for the last quarter; higher prices are here. The question now is at what pace will inflation stabilize, and when. If the pace of inflation remains high next month the market could be in for another swoon.
This week, investors will be focusing on the last of the S&P 500 Q1 earnings reports and some key mid-month data. The economic calendar includes reads on manufacturing conditions, home builder sentiment, housing starts, and the Index of Leading Indicators as well as the minutes from the Fed’s last meeting. The market will be closely watching each data release for signs of higher inflation and they could send the market lower if present. Regardless of the outcome of this week’s data, consumers should be prepared for steadily rising prices over the next several quarters.
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Industrials | |
It’s Not A Good Time To Buy FreightCar America, Yet
FreightCar America (NASDAQ: RAIL) has been working hard on a transformation that is proving beneficial to the company. The problem is that Q1 results are far below expectations even with the weakly updated guidance and give little reason ... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Consumer Discretionary | |
Investors looking for a play on the quick service restaurant (QSR) rebound should look no further than Restaurant Brands International (NYSE:QSR). The company behind the Burger King, Popeye's Louisiana Kitchen, and Tim Horton's restaurant chains is expected to be a major beneficiary of increased c... Read the Full Story |
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Markets | |
Innovation And Results Will Drive These Stocks Higher
It is without a doubt the EV market is a huge growth opportunity. It is also fairly clear the EV investment market got ahead of itself in 2020. Now, with prices for EV stocks trading at multi-month lows, it looks like a good time to start buy... Read the Full Story |
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Technology | | Shares of Taiwan Semiconductor (NYSE: TSM) have been correcting since mid-February and are down 5% since the company reported first-quarter results last month.
Last week, news broke that the chipmaker may invest billions into U.S.-based chip factories.
Earlier in May, TSMC said it would build as ... Read the Full Story |
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Markets | | Social media platform Twitter (NYSE: TWTR) stock has been fallen hard along with other social media peers Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) due to slow down concerns stemming from the acceleration of the re-opening trends. This has driven money from growth stocks to value stocks as invest... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
A free report highlights seven cash-generating stocks with a 5 percent forward yield floor and roughly 6.5 percent average cash yield, capped at two picks per sector.
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Markets | |
I really dislike spending an overwhelming amount of money on food. Don't get me wrong. I enjoy buying food because every time I go to the store, I can imagine the delicious items we'll cook together as a family.
Currently on this week's menu: chicken fajitas with cilantro lime guacamole, ribs an... Read the Full Story |
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Markets | |
This was a week when inflation was done being subtle. The data doesn’t lie. Inflation is here and the market doesn’t like it. The Dow Jones and S&P 500 Index were each down about 3% and the Nasdaq dropped about 5%. However all of the indexes were coming off record highs and they al... Read the Full Story |
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Consumer Discretionary | | Cricut Blows Away The Consensus On Robust Demand
In our quest to discover the most interesting investment opportunities we ran across Cricut (NASDAQ: CRCT). Cricut is a consumer-focused tech company operating a very interesting platform. With it, consumers can use the Internet to design and produc... Read the Full Story |
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Consumer Discretionary | | After almost doubling in value in their first few months of public trading, shares of Airbnb (NASDAQ: ABNB) are struggling to keep their head above water even as their core revenue engine starts to rev up again. While we’ll never know how their stock would have performed in March and April of ... Read the Full Story |
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Technology | | With cybersecurity in the news lately, are stocks like Fortinet (NASDAQ: FTNT) well-positioned for gains?
The stock rebounded Thursday, along with the broader market.
In addition to the hacking of the Colonial pipeline, the growing work-from-home movement shed light on cybersecurity risks for ent... Read the Full Story |
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The Early Bird Stock Of The Day Levi Strauss & Co. engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA. | | View Today's Stock Pick |
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