Good MorningLast week, equity markets showed tremendous resilience when faced with mounting headwinds. Geopolitical tensions, hot inflation, and a hawkish Fed did little to sway sentiment. The S&P 500 closed relatively flat for the week but up from the session's close and showing support at a critical level, and it may move higher this week. There are several potential headwinds, including the ramp of earnings season, which got started with a bang.
Reports from the Big Banks were better than expected and revealed that too big to fail keeps getting bigger. The takeaways from the results are solid revenue growth, margin expansion, double-digit earnings growth, balance sheet strengthening, and capital returns. However, this week brings reports from dozens of small and mid-sized banks that may not fare well. Other reports include trucking outfit J.B. Hunt Transportation Company and Tesla. The analysts set the bar low for each, so outperformance is expected. Featured: Boring, cheap, and paying 6% (Ad) 
|
Consumer Discretionary | |
Vietnamese electric vehicle (EV) maker VinFast Auto Ltd. (NASDAQ: VFS) saw its shares rise from $11.61 to $93 after it went public on August 15, 2023, through a reverse merger via a special purpose acquisition corporation (SPAC). In a move reminiscent of the meme stocks of 2021, in six days, it su... Read the Full Story |
|
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 |
|
Consumer Staples | |
What did the two birds flying over K-Mart say to each other? Cheap, cheap. They might say the same thing about these two consumer staples stocks, trading near their 52-week lows. What a difference a year makes. It's hard to believe, but these stocks traded at 52-week highs in 2022. Consumer staple... Read the Full Story |
|
Finance | |
If you've ever wished that you could go back in time, then here are two stocks that saved you the trouble. Their prices are trading at levels not seen since the last six months up to a year ago. Fundamentals have arguably improved since then, but shares are trading near 52-week lows. There seems t... Read the Full Story |
|
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 |
|
Technology | |
Only four stocks in the Technology Select Sector SPDR Fund (NYSEARCA: XLK) posted gains on October 13, as the spooky specter of higher interest rates sent tech stocks lower.
Chip stocks, which have been some of 2023's biggest success stories, built upon the promise of AI, were among the hardest ... Read the Full Story |
|
Markets | |
The masters of the universe, otherwise known as the institutions that call upon investor capital (individual citizens or even entire governments), can often act as a proxy for what the global economy is going through and, more importantly, where it is headed.
Today, one of the world's largest as... Read the Full Story |
|
From Our Partners | | Trump has called an Iran deal close 38 times since the war began, yet the fighting keeps flaring back up.
One day it's a ceasefire, the next it's bombs again. The back and forth may be masking a bigger story most investors are missing.
See the real reason this conflict may never fully end. | | Uncover the real reason Trump may never end this war |
|
Consumer Discretionary | |
For a minute, people rushed into lithium at a pace that made the chemical seem more critical than water. What is the reason? Most average investors understand that the electric vehicle stocks (EV) hype requires a lot of lithium for batteries to run those units around town, though you are not the a... Read the Full Story |
|
Markets | |
In the world of semiconductor stocks, all the hype and excitement from 'smart' money as well as retail seems to be headed toward the big names, you know, the usual suspects: firms like Taiwan Semiconductor Manufacturing (NYSE: TSM) and Intel (NASDAQ: INTC) or even NVIDIA (NASDAQ: NVDA).
There is ... Read the Full Story |
|
Technology | |
So look, no beating around the bush this time; when a high-quality asset (a business in this case) goes on sale because of outside forces weighing in the past the profitable realities of such support, you should be honing into your screen and digging out the facts to make an educated investment de... Read the Full Story |
|
Finance | |
As the big banks begin reporting earnings, will investors get some insights into whether higher interest rates will mean pressure on profits.
First up are JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo Co. (NYSE: WFC) and Citigroup Inc. (NYSE: C). Those reports will likely offer hints as to w... Read the Full Story |
|
Technology | |
Database specialist MongoDB Inc. (NASDAQ: MDB) has been forming a double-bottom base with a buy point above $414. Within its industry, the stock’s price performance is about equal with Splunk Inc. (NASDAQ: SPLK), and is outpacing Oracle Corp. (NYSE: ORCL).
MongoDB specializes in developing... Read the Full Story |
|
Monday's Early Bird Stock Of The Day The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States. The Household segment provides cat litter products under the Fresh Step and Scoop Away brands; bags and wraps under the Glad brand; and grilling products under the Kingsford brand in the United States. The Lifestyle segment offers dressings, dips, seasonings, and sauces primarily under the Hidden Valley brand; natural personal care products under the Burt's Bees brand; and water-filtration products under the Brita brand in the United States. The International segment provides laundry additives; home care products; water-filtration systems; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products internationally primarily under the Clorox, Ayudin, Clorinda, Poett, Pine-Sol, Glad, Brita, RenewLife, Ever Clean and Burt's Bees brands. It sells its products primarily through mass retailers; grocery outlets; warehouse clubs; dollar stores; home hardware centers; drug, pet, and military stores; third-party and owned e-commerce channels; and distributors, as well as a direct sales force The Clorox Company was founded in 1913 and is headquartered in Oakland, California. | | View Today's Stock Pick |
|
