Good MorningEquity markets wavered for the 5th consecutive trading day on Tuesday as participants waited on critical inflation data. The latest read on the PCE price index is due Thursday and will lead the market to its next move. The data is expected to cool compared to the prior month and previous year, confirming the idea the FOMC is done raising rates. The question is if the data will indicate higher rates for longer or point to the first interest rate cuts since 2020.
Another cause for market concern is OPEC+. The cartel is set to meet again on Thursday and is expected to confirm additional production cuts. The cartel is working hard to keep the supply/demand imbalance tilted toward higher prices but non-OPEC production continues to rise. If the cartel is successful with its plans it could underpin inflation and keep the FOMC in a hawkish position regardless of the PCE Data. Featured: 25 candidates screened. 5 made it. (Ad) 
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Healthcare | |
Stocking stuffers are small, inexpensive presents that help to complete the holiday, so for this screen, the focus was on inexpensive stocks. Inexpensive means a low P/E multiple relative to the S&P 500 (NYSEARCA: SPY), but it doesn’t mean cheap. Each stock on this list is a quality divi... Read the Full Story |
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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 |
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Healthcare | |
E-health and wellness platform operator Hims & Hers Inc. (NASDAQ: HIMS) reported a stellar quarter of growth. The company has expanded its medical offerings well beyond offering discrete erectile dysfunction (ED) medication and sexual health products.
Today, the platform is a comprehensive te... Read the Full Story |
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Consumer Discretionary | |
SharkNinja Inc. (NYSE: SN) started as a quirky outfit hawking products via infomercials. Today, the company has become a consumer appliance and home goods powerhouse. It's also a member of the consumer discretionary sector.
SharkNinja has grown its portfolio of vacuums, blenders, fryers, cookware... 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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Healthcare | |
Johnson & Johnson (NYSE: JNJ), Gilead Sciences Inc. (NYSE: GILD) and Bristol Myers Squibb Co. (NYSE: BMY) are among healthcare sector dividend-payers trading at low valuations relative to their earnings.
Amid forecasts of a possible economic slowdown and market pullback, healthcare stocks ... Read the Full Story |
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Markets | |
With the November rally in the SPDR S&P 500 ETF Trust (NYSEARCA: SPY), a number of large-cap stocks are in buy range. Among those names are three large companies that are not S&P 500 components: Li Auto Inc. (NASDAQ: LI), MongoDB (NASDAQ: MDB) and Novo Nordisk A/S (NYSE: NVO).
In 2023, la... Read the Full Story |
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Technology | |
So far in 2023, 146 companies have gone public in the U.S. markets, down 16.09% from the same time last year. Although the IPO market has been choppy amid higher interest rates and broad equity market uncertainty, the new companies as a whole have outperformed the S&P 500.
The Renaissance IPO... Read the Full Story |
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Finance | |
As the overall market trades near the high end of its 52-week range, various sectors, including the financial sector, have followed suit. To take it one step further, one stock in particular, within the financial sector, is trading at the high end of its 50-day range and looks poised for further u... Read the Full Story |
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Consumer Discretionary | |
There are deals, and there are deals, and in the world of internet stocks, Alibaba (NYSE: BABA) is the one stock sticking out like a sore thumb. At prices below $80.0 a share, the only thing you can hope for this stock is to skyrocket to meet its fair value, which will be revealed in just a bit.
... Read the Full Story |
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Consumer Discretionary | |
The markets have been very optimistic about the consumer discretionary sector and its equity components, and for good reason. You see, the United States GDP pushed a 4.9% expansion in the past quarter, which was above many economists' expectations; however, the main driver behind the expansion is ... Read the Full Story |
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Communication Services | |
The holiday season is fast approaching, and investors and traders hope Santa Claus will visit Wall Street. Among the wishes for those with some capital to invest is another chance to get into some of this year’s market-leading stocks. As good as this year was for names like Meta Platforms (N... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. | | View Today's Stock Pick |
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