Good MorningEquity markets shrugged off the minutes from the last FOMC meeting in favor of the earnings outlook. The minutes revealed the FOMC has begun talking about tapering and cutting off stimulus but has yet to decide on how or when to begin. The S&P 500 advanced more than 0.25% to set a new all-time high and will likely set more new highs in the weeks to come.
It's still very early in the earnings season but so far the results have been very good. The few S&P 500 companies that have reported have largely beaten their consensus estimates for revenue and earnings growth pointing to a much better than expected reporting season. Moving forward, assuming this trend continues, the S&P 500 could continue moving higher into the end of the year.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Markets | | Specialized payments platform Paysafe (NYSE: PSFE) stock has been in a downtrend since its debut as a reverse merged SPAC business combination on March 31, 2021. The hype about its piece of the iGaming pie has worn off as revealed in its initial earnings release as a publicly-traded company. Howeve... Read the Full Story |
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Technology | | The HeadHunter Group (NASDAQ: HHR), ChipMOS Technologies (NASDAQ: IMOS) and Ternium (NYSE: TX) are top-performing American Depositary Receipts. These are companies domiciled outside the U.S., but U.S.-based banks issue certificates representing shares in the companies.
American Depository Receipts ... Read the Full Story |
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Technology | | Shares of Silicon Valley giant Apple (NASDAQ: AAPL) closed in on a fresh all-time high this week that reminded Wall Street and Main Street alike of their potency. They’ve been trending upwards since the start of June and have tacked on almost 20% in the month since, with plenty of signs sugges... Read the Full Story |
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From Our Partners | | One fund holds Nvidia, CrowdStrike, Palantir and other major AI names, and pays a 34% annualized distribution rate.
Instead of guessing which AI stock wins, this fund delivers income every single Thursday, up to $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down what's inside the fund and how the weekly payouts work. | | Watch the free video to see how the weekly payouts work |
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Markets | |
The consumer staples sector comprises those companies that manufacture and distribute the items that many of us consider essential for day-to-day life. So it might come as a surprise to you that the sector, in general, is underperforming the broader market in 2021.
After all, weren’t these... Read the Full Story |
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Markets | |
When you get it right, you get it right. You find the right investments that match up to your ESG (environmental, social, and governance) preferences and you invest. You make lots of money and retire with fistfuls of it in each hand (and even more in your investment accounts).
However, the reali... 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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Energy | | What does heavy institutional ownership tell us about a stock? It signifies that big investors including mutual funds, pension funds, hedge funds, and private equity firms with tons of resources and money at their disposal are interested in owning a particular name. While high levels of institutiona... Read the Full Story |
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Markets | |
Another Hot Stock For The Pet Care Industry
Rover.com just hit our radar and it has already become a company of great interest to us. The company is a dog-centric platform connecting pet owners with dog services like dog walking, pet sitting, and boarding. What we like about it is that it is a pe... Read the Full Story |
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Communication Services | | Social media influencer marketing platform IZEA Worldwide (NASDAQ: IZEA) stock surged to peak out at $7.45 on Jan. 25, 2021 and has since fallen over (-60%) to provide opportunistic pullbacks for high risk-tolerant speculators. The role of social media influencers on brands is well known. The Compan... Read the Full Story |
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Consumer Discretionary | |
Ugly Duckling Whirlpool Set Up To Shine
JPMorgan just called out Whirlpool (NYSE: WHR) as one of its top picks citing many of the factors that we ourselves see in the stock. Not only is this 2.6% yielding dividend payer undervalued at only 9X its earnings but it is also supported by secular trend... Read the Full Story |
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Markets | |
A Transformational Year For SMART Global Holdings, Inc
SMART Global Holdings (NASDAQ: SGH) is very well positioned as what we think of as the third-tier in the microchip supply chain. first, there are the manufacturers of equipment for making microchips like KLA Corporation, and then there are th... 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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