Good MorningEquity markets increased on Monday, leaving the S&P 500 at another new all-time high. Despite the persistent risks, the move signals that the broad market index is still rallying. Critical earnings reports are due this week and next. Among the critical reads for this week is Netflix's Q3 report, which is expected to show another substantial improvement in user metrics, revenue, and margin.
Although the outlook for S&P 500 earnings growth has diminished over the past few weeks, it remains robust, expecting a mid-single digit growth in Q3, accelerating to the mid-teens in Q4. S&P 500 earnings growth is forecasted to sustain at a mid-teen pace in 2025, which is significant because of capital returns. Capital returns, including dividends and share repurchases, are expected to sustain a mid-to-high-single-digit CAGR in 2025, putting both at record highs. Featured: Not plywood. A power breakthrough. (Ad) 
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Consumer Discretionary | |
The time to buy Whirlpool (NYSE: WHR) for its dividend is now. The stock offers a buying opportunity that has been years in the making and will be viewed favorably for years to come. Trading at 9x earnings and yielding over 6.5%, the stock has a limited downside, market-beating yield, and a robu... Read the Full Story |
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Finance | |
As the holiday season approaches, consumers prepare for another hit to their pocketbooks with their annual holiday shopping. Inflation and high interest rates have caused consumers to tighten their spending habits in the consumer discretionary sector. The holiday shopping season is when most retai... Read the Full Story |
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Industrials | |
The world's largest manufacturer of airplanes, The Boeing Co. (NYSE: BA), can't seem to catch a break; following Murphy's Law, everything that can go wrong did. In Boeing’s case, trouble with the Federal Aviation Administration (FAA) concerning safety compliance and production issues, fina... Read the Full Story |
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Consumer Discretionary | |
The former CEO of athletic apparel and footwear giant Nike Inc. (NYSE: NKE) returns on Oct. 14, 2024, ushering in a possible clean slate for the company’s operating woes. Nike has suffered declining sales as competitors in the consumer discretionary sector, like On Holding AG (NYSE: ONON) ... Read the Full Story |
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Technology | |
The artificial intelligence (AI) boom has been underway throughout 2024 despite many legacy technologies still undergoing normalization after a fantastic post-pandemic reopening surge in 2021. The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualiza... Read the Full Story |
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From Our Partners | | Most financial advisors recommend the same index funds and a 60/40 split - advice that's easy to sell and easy to bill, regardless of market performance.
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Consumer Discretionary | |
Champion Homes, Inc. (NYSE: SKY), formerly Skyline Champion, got a name change in 2024, doing little to alter the outlook. The outlook is bright because market conditions, persistently low housing inventory, and its focus on affordability make it a winner for consumers.
Champion is a leader in ... Read the Full Story |
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Technology | |
Short sellers are getting a lot of airplay these days, especially the ones that can severely crumble a stock's price after releasing their reports upon announcing their short position. Many of these short seller reports may have valid data and reasoning that warrant a stock price sell-off, while m... Read the Full Story |
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Finance | |
The financial sector has surged to new heights, with the Financial Select Sector SPDR ETF (NYSE: XLF) breaking out to fresh 52-week highs on Friday. After spending over a month consolidating near previous highs, the sector’s recent momentum signals the potential for further upside.
Stron... Read the Full Story |
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Technology | |
Hewlett Packard Enterprise Co. (NYSE: HPE) is a global technology company focused on providing edge-to-cloud solutions for businesses and organizations to accelerate their digital transformation and better manage their IT infrastructure.
The company sells enterprise solutions, including servers... Read the Full Story |
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Consumer Staples | |
Which came first: the chicken or the egg? This age-old question can be posed to investors when choosing between the two premiere stocks for each product, chicken and eggs. One would think the stocks of leading chicken and egg producers would be moving together, but the reality is the opposite.
Th... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York. | | View Today's Stock Pick |
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