Good MorningThe broad market sold off hard on Monday under the weight of a perfect storm of bad news. The backdrop, rising inflation, and inflation at a much hotter pace than expected. The catalyst, rising numbers of COVID-19 infections and a sharp plunge in oil prices. The OPEC+ cartel reached an agreement after two weeks of haggling to slowly begin raising output and that has put a cap on oil prices.
Texas intermediate fell 7% on the news and brought the entire oil complex down with it. On the covid front, rising numbers of the COVID-19 Delta variant have the market on edge and fearful of its economic impact. The S&P 500 fell more than 2% at the low of the day and broke through the short-term moving average in the process. If the index cannot regain its footing in Tuesday’s action a much deeper decline is more than likely. Featured: This Single Fund Owns Every Major AI Stock and Pays Weekly (Ad) 
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Markets | |
It's easy to become overwhelmed by all your investment options, especially when the plan administrator at your job says, "Take a look! Lucky for you, we have so many investment choices available!"
Do you really have time to research Morningstar, compare and contrast fees, holdings, asset allocati... 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.
Each pick includes coverage numbers and an honest bear case. Five of the seven have raised payouts for 17 to 56 straight years. | | Get the seven high-yield dividend stocks free now |
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Communication Services | | Satellite radio provider Sirius XM Holdings Inc. (NASDAQ: SIRI) stock has been a steady performer continued to grow top-line during the pandemic but should see a boost from the reopening trend. With over 40 million subscribers consisting of Sirius XM and Pandora subscribers, Sirius is the only publi... Read the Full Story |
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Consumer Discretionary | |
Chipotle Mexican Grill (NYSE:CMG) has been one of the unquestioned winners of the last year. One of the original fast casual chains invested in digital technology in the years prior to the pandemic. That meant as restaurants had to rely on carry-out and delivery options, Chipotle was better positi... 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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Industrials | | Enterprise mail and e-commerce solutions provider Pitney Bowes (NYSE: PBI) stock recently spiked on the $6.6 billion acquisition of peer Stamps.com (NASDAQ: STMP) by private equity firm Thomas Bravo. Shares spiked 15% in sympathy before peaking and falling back down. The surprise acquisition brings... Read the Full Story |
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Technology | |
Nokia (NYSE: NOK), AstraZeneca (NASDAQ: AZN) and ASML Holding (NASDAQ: ASML) are among the most popular non-U.S. developed-market stocks.
So far in 2021, all three are outperforming the S&P 500, the most widely used benchmark for large-cap domestic stocks. Their gains are:
Nokia: 43.22%
... 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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Markets | | Investors that have been eagerly anticipating the debut of popular fintech company Robinhood now have some concrete details about what could be one of the biggest IPOs of the year. The company just announced plans to raise $2.3 billion in an initial public offering and expects to sell its shares bet... Read the Full Story |
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Consumer Staples | |
Cal-Maine Struggles With Difficult Conditions
Cal-Maine (NASDAQ: CALM) has been on our radar for many years. The company is very well-run, is executing a nationwide growth strategy, is shifting its business to higher-margin specialty eggs, and it usually pays a pretty decent dividend. Over the la... Read the Full Story |
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Consumer Discretionary | |
Tractor Supply Company Deserves Respect
Tractor Supply Company (NASDAQ: TSCO) has been one of our favorite Underdog growth stories for the last 18 months or so. The company’s new CEO embarked on a revitalization strategy that refocused on the consumers and e-commerce, and the pandemic spark... Read the Full Story |
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Markets | | Spaceship tourism pioneer Virgin Galactic Holdings, Inc. (NYSE: SPCE) stock squeezed to near all-time highs on the successful space flight with its charismatic billionaire chairman Richard Branson. This paves the way for consumer passenger space tourism. Virgin Galactic shares traded as a meme stock... Read the Full Story |
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Consumer Discretionary | | Chinese electric vehicle (EV) maker NIO (NYSE: NIO) stock staged a summer rally that peaked out shares near $55 before the steady sell-off resumed despite hitting 116% YoY growth in June 2021 deliveries. China’s most prolific consumer electric vehicle (EV) manufacturer is growing at a rapid pa... Read the Full Story |
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The Early Bird Stock Of The Day Dropbox, Inc. provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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