Good MorningEquities started the week on uncertain footing rising early in Monday's session and then falling later in the day. The move comes on the eve of the busiest period of the Q1 earnings reporting season and may foreshadow a lackluster season at best. On a technical basis, Monday's move in the S&P 500 confirms the near-term downtrend and sets the index up for a retest of the 4200 level. That test could come this week after reports from companies like Johnson & Johnson, Abbot Laboratories, Tesla Motors, and PPG Industries.
The risk for the earnings season is the guidance. The market is expecting to see supply chain improvements and margin expansion in the back half of the year and they may not materialize. Not only is the war in Ukraine straining the supply chain but widespread lockdowns in China may bring global manufacturing to a standstill. Regardless, if the outlook for improvement sours the market could be in for a deeper correction than it has so far produced. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Industrials | |
A Bottom Is In For J.B. Hunt Transportation Services
Supply chain challenges or not, J.B. Hunt Transportation Services (NASDAQ: JBHT) is firing on all cylinders. The Q1 results reveal the company is supported by three pillars of trucking including volume, rates, and fuel surcharges. The key take... 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 | |
Industrial and construction supplies wholesaler Fastenal (NASDAQ: FAST) stock has recently sold off on strong fiscal Q1 2022 earnings. The Company has experienced double-digit daily growth in each of its three divisions: Fasteners, Safety Products, and Other products which are composed of eight sm... Read the Full Story |
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Consumer Staples | |
Don't Think Twice About Adding These 3 Quality Stocks The beauty of investing in stocks is that anyone can get involved and start adding shares of quality companies without having a massive budget. All it takes is some research and a bit of determination to get involved in financial markets, and w... 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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Markets | | Drugstore operator Rite Aid Corporation (NYSE: RAD) stock has been pummeled since hitting a post-pandemic high of $32.48 on Jan. 28, 2021. The Company was a benefactor from the pandemic as traffic increased from COVID testing and vaccination distribution. However, as the populace recovers and pandem... Read the Full Story |
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Communication Services | |
The Analysts Lower Netflix Targets, But …
Netflix (NASDAQ: NFLX) developed a disturbing trend of price target reductions ahead of the Q1 earnings report but investors shouldn’t read too much into it. While 7 of the 37 analysts covering the stock came out with commentary in the two we... 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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Markets | | Dividend investing means a company pays its shareholders money from the earnings on its profits. The Dividend Kings and the Dividend Aristocrats make up some of the most decorated stocks on the S&P 500 index. The S&P 500 tracks the movements of the 500 largest publicly traded U.S. compani... Read the Full Story |
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Finance | |
Consumer Banking Drives Results For Bank Of America
Results from the financial sector have been mixed this quarter but Bank of America (NYSE: BAC) stands out. The company’s focus on U.S. consumer banking and the interest rate environment has it set up for earnings growth and that is alread... Read the Full Story |
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Markets | |
Tightly Held Nielson Holdings Moves Up On Sale Talk
Neilson Holdings (NYSE: NLSN) got a big boost in March when it announced it was considering offers from a number of private equity firms. So far, no deals have been signed but there is a major shareholder betting big on the outcome. Windacre Pa... Read the Full Story |
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Consumer Discretionary | | Luxury consumer apparel and accessories producer Tapestry (NYSE: TPR) shares are reaching value territory on its recent sell-off. The owner of Coach, Kate Spade, and Stuart Weitzman brands recruited three million new customers in North America representing low double digit growth in stores and onlin... Read the Full Story |
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Markets | | Iconic clothing brand Levi Strauss & Co. (NYSE: LEVI) stock decline may be coming to an end after stabilizing around the $17.50 range after its latest earnings. The popular and sticky denim brand struggled against a multitude of headwinds, but the reopening recovery continues despite Omicron and... Read the Full Story |
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Tuesday's 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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