Good MorningThe earnings-driven rebound continued on Wednesday with all of the major indices moving up more than 0.5%. The Blue Chip Dow Jones Industrial Average led the day on strength in shares of Coca-Cola. The global beverage giant reported better than expected earnings and guided the market higher driving to stock up more than 3% at the high of the day.
Thursday's action may see a continuation of this trend due to reports released after the bell on Wednesday and before the open on Thursday. Among them is consumer products giant Whirlpool who is expected to report robust year-over-year gains and another increase to an already ballooning backlog. The risk for Whirlpool, and the market, is that systemic shortages of raw materials and shipping capacity may cut into the top and bottom-line results.
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Markets | |
You've probably gotten a tuition bill from your child's college or university at this point if they will return to college in the fall.
First-time college-bound families may look at this daunting bill as a major you may wonder what strategic moves you can make, tax-wise, when opening your checkb... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Industrials | |
Knight-Swift Transportation Is A Buy On Post-Earnings Weakness
Knight-Swift Transportation (NYSE: KNX) is one of the nation's largest trucking outfits and one bent on growth. The company has been actively acquiring businesses across the country for the past few years and that can be seen in the r... Read the Full Story |
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Finance | | Long-term care and mortgage Insurer Genworth Financial (NYSE: GNW) stock has been in a sharp downtrend along with the rest of the peers stocks in the mortgage insurance sector. The U.S. mortgage insurance business division named Enact was originally scheduled to IPO in the $22 to $24 price range but... 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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Materials | |
I wrote about Nucor (NYSE: NUE) prior to its first-quarter earnings report. At that time, I said investors should pay attention to the stock’s floor than its ceiling. NUE stock was already up about 50% for the year. However, in the month prior to its earnings call it wasn’t doing much.... Read the Full Story |
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Consumer Discretionary | | As we begin to head deeper into earnings season, it’s always a good idea to keep an eye out for companies that deliver positive surprises and are executing their business strategy at a high level. That way, you can potentially adjust your investment plans to account for stocks that could becom... Read the Full Story |
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From Our Partners | | Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet - and documented everything on film.
Rooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business. | | Watch the full investigation and decide for yourself |
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Materials | |
According to Factset, second-quarter earnings growth is expected to be above 60% for S&P 500 companies. If analysts’ prediction holds true to form, it would be the best profit growth since the fourth quarter of 2009.
Mid and small-cap companies are also expected to deliver some stellar ... Read the Full Story |
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Consumer Discretionary | | Homebuilder DR Horton (NYSE: DHI) topped analysts’ views when it reported its third-quarter Thursday, showing that the housing boom is nowhere close to slowing down.
The company cited strong new construction as a revenue driver. Earnings came in at $3.06 per share on revenue of $7.3 billion.... Read the Full Story |
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Communication Services | |
They say cats have nine lives and the same may be true of AT&T (NYSE:T). On more than one occasion in the last 12 months, investors have put some pep in the step of T stock. But nothing has been enough to prevent the downtrend in the trajectory of the stock.
In fact, over the last five year... Read the Full Story |
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Consumer Discretionary | |
It's A New Era For Harley-Davidson
The last few years have not been easy for Harley-Davidson (NYSE: HOG). The combined effects of the Trump/Xi trade War end the pandemic took a bite out of Revenue the company is only just now getting back. The key takeaway here is that the company is getting that... Read the Full Story |
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Consumer Staples | |
The Coca-Cola Company Gets A Lift From Multiple Tailwinds
In the head-to-head comparison, we prefer Pepsico (NASDAQ: PEP) to The Coca-Cola Company (NYSE: KO) but that does not mean The Coca-Cola Company is not a great investment. The two companies are not exactly comparable anymore because they h... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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