Good MorningEquity markets peaked out last week following a round of mixed reports from the retail sector. The takeaway from the reports is that inventory is bloating across the sector and driving an intensifying need for discounting. The news is good for consumers looking for a bargain but bad for businesses hoping to maintain margin and profitability. The result is resulting in downward revisions to the earnings outlook and that is what capped gains in the stock market.
This week earnings will fall to the wayside in favor of economic data and the FOMC outlook. There are few economic reports on the calendar but the list includes the PCE price index. The index is expected to track lower alongside the CPI but is also expected to remain well above the Fed's 2.0% target rate and support the idea of aggressive Fed action at the next meeting. Featured: This Single Fund Owns Every Major AI Stock and Pays Weekly (Ad) 
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Industrials | | Could global shippers, such as Star Bulk Carriers (NASDAQ: SBLK), be making a comeback?
In 2021, and then again as recently as six months ago, these stocks were market leaders, with names including Matson (NYSE: MATX), ZIM Integrated Shipping Services (NYSE: ZIM) and Danaos (NYSE: DAC).
Dry bulk ... 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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Technology | |
Apple (NASDAQ: AAPL) should see a better than forecasted third quarter as some of the issues that were weighing down on earnings start to go away. The previous couple of quarters have been plagued by issues such as war and shutdowns which resulted in weaker than expected earnings.
The company is ... Read the Full Story |
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Consumer Discretionary | | Retail department store chain Kohl’s Corporation (NYSE: KSS) stock took a one-two punch after losing its takeover bids then cutting estimates. It’s been a turbulent year for Kohl’s investors as shares plunged by over 50% at its lows in 2022. During the first quarter of 2022, shares... 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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Consumer Discretionary | | With sales of electric vehicles expected to rise in the coming years, EV suppliers such as Luminar Technologies (NASDAQ:LAZR) and Wolfspeed (NYSE: WOLF) saw large post-earnings bounces recently.
A February study from S&P Global Platts Analytics found that “global light duty electric vehi... Read the Full Story |
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Technology | |
Applied Materials, Inc. (Nasdaq: AMAT) is an American semiconductor company that supplies equipment, services, and software for the manufacture of semiconductor chips for electronics, computers, smartphones, televisions, and solar-based productions. It is headquartered in San Diego California.
A... 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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Consumer Discretionary | |
If you are looking for a bargain in the Retail Sector Ross Stores (NASDAQ: ROST) is not it but it is a relatively safe dividend payer that also buys back shares. The stock trades at roughly 21.5X its earnings estimates which put it in line with peers like The TJX Companies (NYSE: TJX) and sector f... Read the Full Story |
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Technology | | While it’s been a good summer for equities in general after a torrid first half of the year, tech titan Apple (NASDAQ: AAPL) is having a particularly sunny couple of months. Since the start of June their shares have rallied more than 30%, effectively reversing the 30% drop they’d been ex... Read the Full Story |
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Healthcare | | Pharmaceutical stocks are frequently subject to whiplash trade, and that’s evident now with sharp moves lower in names such as Sanofi (NASDAQ: SNY), GSK (NYSE: GSK), and Teva Pharmaceuticals (NYSE: TEVA).
Price swings in that industry are often determined by the results of clinical trials or... Read the Full Story |
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Industrials | | If you’ve ever gotten a speed, red light, or school bus camera ticket in the mail, then you know how miserable they can be. At some point, you think to yourself that there’s got to be someone on the other side making a ton of money off these tickets. Well, there is a company making a ton... Read the Full Story |
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Consumer Discretionary | |
The institutional support for TJX Companies (NYSE: TJX) remains high at 91.5% but their activity may cap gains in the near term. The institutions have been net-sellers for the last two consecutive quarters and that trend may not end with the Q2 earnings report. While the selling is light at only $... Read the Full Story |
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Monday's Early Bird Stock Of The Day Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising. The Business Services Connectivity segment offers connectivity services for small business locations, which include broadband, wireline voice, and wireless services, as well as solutions for medium-sized customers and larger enterprises; and small business connectivity services in the United Kingdom. The Media segment operates NBCUniversal's television and streaming business, including national and regional cable networks; the NBC and Telemundo broadcast networks and owned local broadcast television stations; and Peacock, a direct-to-consumer streaming services. It also operates international television networks comprising the Sky Sports networks, as well as other digital properties. The Studios segment operates NBCUniversal and Sky film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The company also offers a consolidated streaming platforms under the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania; and Xumo. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania. | | View Today's Stock Pick |
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