Good MorningEquities rebounded on Tuesday after Russian President Vladimir Putin withdrew some of his troops from the Ukrainian border. The news was met with relief tensions seemed to be subsiding but the risk remains high in the region. It is doubtful Putin has given up on his hopes for taking Ukraine, we shall see.
The move in equities also comes despite some much hotter than expected inflation data. The Producer Price Index rose 1.0% in January, twice the expectation, with YOY gains approaching 10.0%. The news adds to the expectation of aggressive FOMC interest rate action but was shrugged off by the market. While the inflation data points at aggressive Fed action it also points to a hot economy and one not likely slowed by a few 25 basis points rate hikes. The risk for the economy now is that rising rates are going to add to inflationary pressures. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Markets | |
The architect of digital structures continues to face obstacles in the real world but may still be a long-term play
Billions of dollars are already being committed to building the metaverse. And, by the amount of hype being generated, that’s likely to be only a down payment. That’s cr... 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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Communication Services | |
Metaverse Stock Roblox At Rock Bottom Prices
Roblox (NYSE: RBLX) came on to the scene with a fanfare of expectations that are still in the picture but more elusive than the market first priced in. Those expectations, and the subsequent dose of reality, sent shares first to the moon and then to t... Read the Full Story |
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Consumer Discretionary | |
There’s A Short-Squeeze In Haverty Furniture Company Waiting To Happen
Those who’ve been reading Marketbeat.com for a while will know that we are fond of the U.S. furniture industry including Haverty Furniture Company (NYSE: HVT). Suffice it to say that these are, generally speaking,... Read the Full Story |
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Consumer Discretionary | |
Domestic casino operator Penn National Gaming, Inc. (NASDAQ: PENN) stock made a spectacular rise from pandemic lows of $3.75 in March 2020 soaring to a high of $142 a year later only to collapsed to a low of $37.76 in January 2022. The Company continues to grow its Barstool Sportsbook brand and ad... Read the Full Story |
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Industrials | |
In the early 2000s, Virgin Galactic began the journey to open up space to paying customers. Finally, in July 2021, Branson and three crew members traveled to Spaceport America, Virgin Galactic’s human spaceflight headquarters in southern New Mexico on the VSS Unity.
In the same month, Jeff... 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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Materials | |
Highly-Valued Ecolab Hit By Inflation
Shares of Ecolab (NYSE: ECL) look like they are on a bottom but we aren’t so sure this bottom is going to last. We had our reservations even before the company released Q4 earnings and it had nothing to do with the results or the report. The stock is t... Read the Full Story |
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Materials | |
Huntsman Breaks Out To New Highs
Huntsman (NYSE: HUN) is a diversified organic chemicals company with customers in end markets ranging across all verticals and industries. The company has been working hard over the past year or so to reposition itself as a more focused company and those efforts ... Read the Full Story |
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Materials | |
Lingering inflation will remain a catalyst for gold mining stocks
Let’s face it, over the last several years, growth-minded investors have had many other shiny objects to chase. But for all the cries of “this time it’s different” many investors are finding out that &ldquo... Read the Full Story |
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Consumer Discretionary | |
Advance Auto Parts Investors Are Riding In Style
Advance Auto Parts (NYSE: AAP) began a campaign to improve its value to shareholders last year that is paying off in the form of dividend increases and share buybacks. The company is focused on improving profitability and cash flow, expansion and ... Read the Full Story |
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Technology | | Shares of semiconductor company Micron (NASDAQ: MU) have rallied 25% since the start of the month, and are quickly undoing the damage done during January’s fall of the same scale. Despite their most recent earnings report showing that revenue growth was decelerating, there are more than a few ... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it owns and operates nuclear, coal, hydro, cogeneration, solar, wind, battery storage, and fuel cell facilities. Further, the constructs, operates, and maintains approximately 77,900 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.9 million electric and gas utility customers. Further, it develops distributed energy and resilience solutions; deploys microgrids for commercial, industrial, governmental, and utility customers; and offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia. | | View Today's Stock Pick |
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