If you had to name the S&P 500 stock that’s expected to grow revenue by 151% this year, would you have named casino operator Las Vegas Sands Corp. (NYSE: LVS), or AI titan Nvidia Corp. (NASDAQ: NVDA)?
As you can tell by that question, Wall Street has a positive view of Las Vegas Sands, .... |
Good MorningEquity markets closed out a mixed week on a sour note, falling more than 1.0% on Friday. The move was driven by concern inflation was still running hot and that the FOMC would sound hawkish at this week's meeting. The latest round of inflation data included the CPI and PPI, which both showed unexpectedly large accelerations compared to the prior month and year. The risk is that this data and the rise in oil prices will push the FOMC into another series of interest rate hikes.
The S&P shows signs of resistance at a critical level. That level is the range of 4,440 and the all-time high, and it may be a barrier the S&P 500 can not pass. Even without another interest rate hike, the FOMC will keep rates higher for longer, which is a significant economic threat. The longer rates remain high, the deeper the impact on activity, although that is the point. Activity at the current levels is sustaining high inflation levels, and the FOMC can't sit idly by and let it happen. Featured: Buy This Stock for AI Tidal Wave (not NVDA) (Chaikin Analytics) | Markets | |
If you had to name the S&P 500 stock that’s expected to grow revenue by 151% this year, would you have named casino operator Las Vegas Sands Corp. (NYSE: LVS), or AI titan Nvidia Corp. (NASDAQ: NVDA)?
As you can tell by that question, Wall Street has a positive view of Las Vegas Sands, ... Read the Full Story |
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By now, it is no secret that Asia's powerhouse is making its way out of contractions and setting those who were - and are - brave enough to invest in it for success.
China is giving markets several selling points about its next boom, making its undervalued equities an attractive place to invest t... Read the Full Story |
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Growth comes better in pairs, or in this case, in trios. Investors have a rare chance to invest in what could be called the perfect trifecta of undervalued quality.
Just like Warren Buffett paid what was a 'premium' price for Coca-Cola (NYSE: KO) back in his day, the modern-day version of this in... Read the Full Story |
| | Stocks | | Wall Street capped a choppy week of trading with a broad slide for stocks Friday, giving the S&P 500 its second losing week in a row. The benchmark index fell 1.2%, its first loss in three days. The Dow Jones Industrial Average dropped 0.8% and the Nasdaq composite gave back 1.6%. U.S. automaker... Read the Full Story |
| Markets | | Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates.Japan's benchmark Nikkei 225 dropped 1.1% in morning trading to 33,177.75. Australia's S&P/ASX 200 lost 0.5% to 7,192.40. South Korea's Kospi edged down 0.3% to 2,568.12. Ho... Read the Full Story |
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Apple's (NASDAQ: AAPL) iPhone 15 event has come and passed, leaving the market with several updates to ponder. The event included updates to the iPhone, the Watch, Airbuds, and other Apple products and should help drive the next upgrade cycle. The question is if the coming cycle will be enough to ... Read the Full Story |
| Markets | | Four years after Lebanon’s historic meltdown began, the small nation is still facing “enormous economic challenges,” with a collapsed banking sector, eroding public services, deteriorating infrastructure and worsening poverty, the International Monetary Fund warned Friday.In a statement issued at th... Read the Full Story |
| Markets | | The Central Bank of Russia raised its key lending rate by one percentage point to 13% on Friday, a month after imposing an even larger hike, as concerns about inflation persist and the ruble continues to struggle against the dollar. The increase comes as annualized inflation rose in September to 5.5... Read the Full Story |
| Markets | | China's factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, suggesting the economy may be gradually recovering from its post-pandemic malaise. However, despite busy activity in restaurants and stores, the figures showed continuing weakness ... Read the Full Story |
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The homebuilders and Lennar (NYSE: LEN) have rallied higher in 2023, defying the odds despite a slowdown in the housing market. While there have been reasons to believe the industry was heading towards a cliff, the results continue to tell a different tale. Within the Q3 results are signs of stren... Read the Full Story |
| Monday's Early Bird Stock Of The Day Five Below, Inc. operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options. It provides assortment of sports balls, team sports merchandise, and fitness accessories comprising hand weights, jump ropes, and gym balls; various games, such as board games, puzzles, collectibles, and toys, including remote control; and summer season sports, which includes pool, beach, and outdoor toys, as well as games and accessories. In addition, the company offers accessories for cell phones, tablets, audio, and computers, as well as cases, chargers, headphones, and other related items; and media products including books, video games, and DVDs. It also provides assortment of craft activity kits, and arts and crafts supplies, such as crayons, markers, and stickers; and school products comprising backpacks, fashion notebooks and journals, novelty pens and pencils, and locker accessories. Further, the company offers party products, which includes party goods, decorations, gag gifts, and greeting cards, as well as every day and special occasion merchandise; assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, and gum and snack food products, as well as sells chilled drinks through coolers; and provides seasonally specific items used to celebrate and decorate for events. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania. | View Today's Stock Pick |
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