Good MorningThe markets continued the glass half-full narrative that continues to lift equities. All the major indexes finished the day in positive territory. The best news came from the Dow and S&P 500 which surged to all-time highs.
This was despite a GDP report that showed the U.S. economy grew at an annual rate of 6.5%, below the 8.5% that analysts had forecast. However, for now, investors are putting more weight on robust consumer spending and business investment and less emphasis on the decrease in inventories which points to continued weakness in the global supply chain.
In other news, Amazon missed on revenue and saw its stock drop 5% in after-hours trading. Investors will look to see if there’s an “Amazon effect” when markets open on Friday.
Featured: A free stock pick, from me to you (Ad) 
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Communication Services | | The much-awaited Q2 earnings of Facebook (NASDAQ: FB) hit the wire shortly after the bell rang to end Wednesday’s session. With shares of the social media giant have hit fresh all-time highs in the run-up to the release, Wall Street and Main Street alike were keen to see if the numbers justifi... 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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Technology | | NVIDIA (NASDAQ:NVDA) has certainly been one of the market leaders in recent years when it comes to chip stocks. It’s the type of company involved in some of the most exciting and innovative industries globally, and with a global semiconductor shortage boosting demand for NVIDIA’s product... Read the Full Story |
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Markets | |
When you've amassed $1 million or more or earn a high income, you might get to a place where you feel… comfortable. You might even think, "I deserve X because I've worked hard." Or, worse: "The same money rules don't apply to me like they do for everyone else."
That can result in some dang... Read the Full Story |
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From Our Partners | | Elon can't build his satellite network without one key supplier, and he's paid this company since 2012.
His plan for 1,000,000 satellites could multiply that bill significantly, putting this overlooked stock back in focus.
Dylan has circled December 8th as a key date for this pick. | | Claim today's free stock pick before December 8th |
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Consumer Staples | |
Hershey’s (NYSE:HSY) delivered another solid quarter of earnings on July 29. That is pushing HSY stock back to its all-time high set earlier in July. At this point, it’s likely that the stock will accomplish the milestone. However, it’s also likely that, in terms of stock price g... Read the Full Story |
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Consumer Staples | |
The party is back on if you use Anheuser-Busch InBev (NYSE: BUD) second-quarter sales as your benchmark.
However, investors were in no mood for celebration, sending shares of the world’s biggest brewer lower following Thursday’s earnings report.
The stock gapped down at the open, as... Read the Full Story |
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From Our Partners | | Morgan Stanley pegs a market Elon Musk is chasing at up to $40 trillion. A small microcap supplier, trading under $25, sits at the center of it.
Jon Najarian says Musk has already secured rights to acquire up to 15% of the company. He believes it could be the next supplier Musk takes off the open market entirely.
A key deadline falls on December 8th. | | Click here to see Jon Najarian's newest prediction now |
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Finance | |
Give credit where credit’s due: Mastercard (NYSE: MA) topped Wall Street expectations for the second quarter Tuesday. Rival Visa (NYSE: V) also exceeded views in its report earlier in the week.
Mastercard earned $1.98 per share, up 43% from the year-ago quarter. Revenue was $4.5 billion, a... Read the Full Story |
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Materials | | Global aluminum and materials products maker Alcoa (NYSE: AA) stock has been a stronger performer in 2021 representing the skyrocketing demand in materials. It’s a key benefactor from the U.S. infrastructure and the green wave. Aluminum is a key component of the green transition which is causi... Read the Full Story |
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Materials | | There’s nothing like getting a bargain on a quality company that could deliver strong returns for your portfolio over the long term. Successfully identifying a stock that the market is undervaluing is immensely satisfying if your investment ends up working out in your favor. The only issue is ... Read the Full Story |
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Healthcare | |
With U.S. stocks rallying to fresh record highs this year, many individual stocks are doing the same. But it hasn’t been a good year for everyone.
Take the large-cap S&P 500, which has already eclipsed last year’s 16% return with five months left to go. All but about 12% of the be... Read the Full Story |
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Industrials | |
iRobot Pulls Back Into A Buying Opportunity
iRobot (NASDAQ: IRBT) has confirmed the market’s fears and more. The company reported a fantastic quarter but one that was severely impacted by the global chip shortage and systemic supply chain challenges. Not only that, the company's guidance wa... Read the Full Story |
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The Early Bird Stock Of The Day Welltower Inc. (NYSE:WELL), a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties. | | View Today's Stock Pick |
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