Good MorningEquity markets continue to hover within a tight range below critical resistance. Traders and investors are trying to come to terms with what the new normal will look like, and there is an increasing chance that interest rates will remain high for an indefinite period. Fed president Bostic commented to markets that interest might not come down even with an inflation-killing recession.
The week's action will heat today with earnings reports from big box retailer Home Depot kicking off the retail portion of the earnings cycle. The market expects a mixed report, but the market-moving news will be guidance - the company's parking lots are not as full as last year, which may be a telling indicator. Regardless, the longer it takes for the S&P 500 to move above 4,150, the less chance there is of it doing so. Featured: He started with $2,000. Now he's at $3 million. (Ad) 
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Consumer Discretionary | |
One lesson of investing is if you get washed out of a position, it’s time to rethink the position, not abandon it entirely, and that is the case with Workhorse Group Inc. (NASDAQ: WKHS). The initial thesis didn’t pan out; the company recalled its first fleet of electric vehicles and th... 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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Technology | |
Cloud services and content delivery network (CDN) operator Akamai Technologies Inc. (NASDAQ: AKAM) had substantial profits driven by record security services in Q1 2023. Its legacy content delivery network (CDN) comprises more than 300,000 servers in over 135 countries enabling oceans of data, vid... Read the Full Story |
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Healthcare | |
Sarepta Therapeutics Inc. (NASDAQ: SRPT) jumped nearly 31% on May 15, after a Food and Drug Administration committee gave a thumbs up to the company’s experimental gene therapy to treat Duchenne muscular dystrophy.
Trading on Serepta stock was halted on May 12 before the panel met to revie... 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 | |
As Cloudflare, Inc. (NYSE: NET) found out, when you operate in a high-growth market like cloud services, a slowdown can be viewed as a thunderstorm.
From 2017 through 2022, the cloud infrastructure provider grew revenue at a 48% annualized rate. So when it posted 37% top-line growth for the firs... Read the Full Story |
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Markets | |
Shares of Magellan Midstream Partners (NYSE: MMP) rose by as much as 16% during the opening of Monday's trading session, while the stock's price action retreated to close the day up by 12.99%; the move is due to undeniably good news for shareholders. ONEOK (NYSE: OKE) has struck a deal to acquire ... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Technology | |
Like the sun, First Solar, Inc. (NASDAQ:FSLR) has a history of rising and setting.
Eighteen months removed from its 2006 IPO, the volatile solar energy stock was up almost 1,200%. Four years later, it was down more than 96% — and trading below its initial offering.
The latest mega-swing ca... Read the Full Story |
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Industrials | |
FREYR Battery (NYSE: FREY) is emerging as an exciting play on electrification. While some are focused on building vehicles or generating clean power, FREYR aims to produce energy storage solutions for all uses. The company is engaged in 3 primary avenues of research, including EES (stationary solu... Read the Full Story |
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Industrials | |
The e-commerce and logistics landscape is a complex and rapidly evolving system that involves buying and selling goods online and transporting and delivering those goods to customers. E-commerce has revolutionized how people shop, enabling them to purchase goods from anywhere in the world with jus... Read the Full Story |
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Technology | |
Shares of AppLovin (NYSE: APP) have finally bottomed. After correcting more than 90%, the stock price, valuation and outlook have aligned in a way that will be meaningful to investors. The company operates a software-based platform for app developers to market and monetize their work, so there is ... Read the Full Story |
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Healthcare | |
Diagnostic and cancer test products provider Exact Sciences Corp. (NASDAQ: EXAS) saw its shares spike over 17% on its Q1 2023 earnings results. The company is known for its flagship colon cancer detection test Cologuard. This is a patient-friendly, non-invasive stool-based DNA test that users can ... 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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