Good MorningThe market appears to be shrugging off all other worries in favor of the earnings outlook. Monday's market pushed the S&P 500 up another 0.35% to set another new all-time high and it looks like it will continue to go higher. The only obstacles now are the results of the second-quarter earnings season and those results started rolling in today. Reports from JPMorgan, Goldman Sachs, PepsiCo, and ConAgra brands should paint a fairly detailed picture of the broad US economy.
The risk for the market is the high expectation for results. If the average S&P 500 company fails to beat the consensus target by a wide enough margin the entire market could be in for a correction. Trading at nearly 22 times its forward earnings estimate, the S&P 500 is highly valued and ripe for a sell-off. Featured: Before you buy the Claude AI IPO... (Ad) 
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Markets | | Social media business review platform Yelp (NASDAQ: YELP) stock has been in a consolidation for months showing signs of an impending breakout. The popular social media platform for dining and business services reviews has been dormant for months while other social media stocks have flourished. While... Read the Full Story |
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From Our Partners | | Small-cap moves rarely announce themselves. Street Ideas surfaces quiet setups with real momentum before they appear on mainstream radars.
With tomorrow's open approaching, three names are already showing early activity worth a closer look. Get the alerts that keep you ahead of the crowd. | | Join Street Ideas - Get Your Free Report Sent To Your Email |
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Markets | |
Using a few key screeners, you can identify strong growth stocks like Apollo Medical Holdings (NASDAQ: AMEH), Perficient (NASDAQ: PRFT) and National Storage Affiliates Trust (NYSE: NSA).
What do those stocks have in common? They’re all growing in institutional sponsorship, and all have sho... Read the Full Story |
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Markets | |
GenXers, did you know that experts say you need to have saved a whopping six times your income for retirement by the time you're 50? If you were born between 1965-1980 (41-56 years old), you're at that age or close to it.
In other words, if you make $50,000 per year, you need to have at least $30... Read the Full Story |
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From Our Partners | | In February, a company paid 200 million dollars for a dead aluminum smelter in Hawesville, Kentucky. Locals called it an eyesore.
Five months later, that same site signed a 19 billion dollar, 20-year lease with Anthropic. No aluminum will ever be made there again.
Something the smelter left behind is worth more than the smelter itself, and Wall Street hasn't named it yet. Dylan Jovine has. | | Discover what this abandoned smelter site is really worth to Anthropic |
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Communication Services | | If the software industry was thriving before the pandemic, the accelerating digital transformation of the business world that has occurred over the last year was the tipping point that sent software companies to entirely new levels of success. There were plenty of software stock winners in 2020 that... Read the Full Story |
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Markets | |
The Bar Has Been Lowered For These Strong Companies
In our never-ending quest to root out the most interesting, and the most lucrative, investment stories on the market we've run across three downgrades we think you might want to buy. These downgrades aren't typically the kind of thing we want to... Read the Full Story |
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From Our Partners | | A first-of-its-kind commercial power plant is fully funded and nearing its first delivery of electricity to the grid.
Former $200M hedge fund manager Whitney Tilson believes that moment could force Wall Street to reprice an entire energy sector.
See his free presentation outlining three ways to position ahead of the shift. | | Watch the free presentation and explore three positioning strategies now |
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Consumer Discretionary | |
While all transactions made by corporate insiders are worth noting, some carry more weight than others. Trades placed by high-ranking executives, board chairpersons, and controlling shareholders, tend to peak investors' interest the most. This is because these moves can signal a powerful inflectio... Read the Full Story |
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Consumer Discretionary | |
Restaurant Stocks Will Boom In The Second Half
Restaurant stocks have been a mixed bag over the past year or so. Those with drive-through exposure or delivery capabilities were able to weather the pandemic and even grow their businesses while those without were not. That story is changing, howeve... Read the Full Story |
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Consumer Staples | |
The Boston Beer Moves Lower Despite Improving Analyst Sentiment
The analysts have been bullish on the beer industry and The Boston Beer Company (NYSE: SAM) all spring and they've been getting more bullish by the day. One sell-side firm after another from Guggenheim to Credit Suisse has called thi... Read the Full Story |
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Consumer Discretionary | | Retail department store chain Macy’s (NYSE: M) stock is becoming more discounted value play with a forward P/E under 9 despite blowing out all expectations in its fiscal Q1 2022 earnings report. The Company has truly transformed itself during the pandemic into a digital retailer as it grew its... Read the Full Story |
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Consumer Discretionary | | Iconic donut brand Krispy Kreme (NASDAQ: DNUT) stock has again become listed as a publicly traded company after being acquired in 2016 by JAB Holdings for $1.35 billion. Old-timers recall when Krispy Kreme under the symbol KKR was one of the precursors to the meme stocks as shares soared to triple d... Read the Full Story |
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The Early Bird Stock Of The Day Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin. | | View Today's Stock Pick |
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