Good MorningEquity markets pulled back from their peak last week, but the stock market's uptrend is unlikely to be over. The pullback is a needed consolidation following the post-election rally and will set the market up to move higher sustainably. The uptrend in stocks is supported by growing economic growth, earnings, and capital returns, which are not expected to end soon. With monetary policy easing and Trump entering the White House, the rally could run through the end of the next year.
Next week's hurdle is retail earnings. Reports are due from Walmart, TJX Companies, Lowe's, Target and many others. The forecast is for about 5% industry growth, with Walmart and TJX Companies leading. Target may have lost more market share. Lowe's Companies is expected to contract less than in previous quarters while sustaining positive cash flow and the capital return outlook. Featured: When I found Rolls-Royce under $2, most people thought I was crazy (Ad) 
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Finance | |
Nu Holdings (NYSE: NU) is a Brazilian fintech company that's quickly becoming a major player in the Latin American digital banking space. The company has been making headlines sending Nu Holdings’ stock price up over 90% this year, attracting the attention of some of the world's most famous ... Read the Full Story |
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From Our Partners | | Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and stinging losses? Dave Aquino is giving away the exact 11-hour options strategy he uses in volatile markets. You get the plain English blueprint behind the strategy and the very same "rinse and repeat" ticker he's traded nearly 900 times with a 95.3% success rate. It's so simple to understand, you could trade it tomorrow. | |
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Retail/Wholesale | | MercadoLibre (NASDAQ: MELI), a leading e-commerce and fintech platform in Latin America, just saw its stock plummet 23% following the release of its Q3 2024 earnings report, leading to concerns about the company's future. While the news might seem discouraging at first glance, some investors, includ... Read the Full Story |
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Medical | |
ORIC Pharmaceuticals (NASDAQ: ORIC) is a small-cap pharma stock. It aims to make a difference with its potentially "best-in-class" treatments. The company’s shares have not had a great year, returning -4% in 2024. However, analysts on Wall Street are bullish.
The average of five price targe... Read the Full Story |
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From Our Partners | | Elon Musk bought Super Bowl ad time at $266,000 per second - something he has never done before. 125 million Americans watched, but Whitney Tilson, former manager of a $200 million hedge fund, says most investors missed what it actually means.
With 1 in 3 Super Bowl viewers using buy-now-pay-later services and 40% of Americans carrying more credit card debt than savings, Tilson believes Elon's message reveals a major economic current - and a clear signal for where smart money should be positioned. | | Watch Tilson's free presentation to see what he thinks you should do now |
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Basic Materials | |
Investing in basic materials stocks often requires looking around corners into an opaque future. That’s been the case for shareholders of Freeport-McMoRan Inc. (NYSE: FCX). For the last four years, the stock has been a better trade than it has been an investment. You can blame much of the vo... Read the Full Story |
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Markets | |
Investors and home buyers alike have watched eagerly as market optimism for homebuilder stocks has grown throughout the last year. The iShares U.S. Home Construction ETF (BATS: ITB), a benchmark for the broader industry, rose to a 1-year high in mid-October and is currently up more than 38% in the... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - the two investors who picked Nvidia before it climbed as much as 36,000% - are issuing a rare joint buy alert on a little-known Elon Musk supplier.
They believe Elon Musk's latest AI breakthrough is about to collide with a market pattern that has a 100% track record - one that previously gave everyday investors a chance to turn $10,000 into $350,000 in roughly 12 months. | | See the details on this overlooked Elon Musk supplier right now |
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Consumer Discretionary | |
When you think about stocks that are up 200% in 2024, investors thoughts will quickly go to technology stocks and names like NVIDIA Corp. (NASDAQ: NVDA) and Palantir Technologies Inc. (NYSE: PLTR). But after a strong earnings report, there’s another name that may be joining that list, Flutte... Read the Full Story |
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Markets | |
Is the future of finance already written in the DNA of today's emerging technologies? Cathie Wood, CEO and CIO of Ark Invest, believes so. Her firm's actively managed exchange-traded funds (ETFs) concentrate on disruptive innovation across sectors like artificial intelligence, genomics, and roboti... Read the Full Story |
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Finance | |
Whitestone REIT (NYSE: WSR) is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio d... Read the Full Story |
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Finance | |
In the world of exchange-traded funds (ETFs), the most outsized returns typically go to products employing leverage. However, while ETFs like the GraniteShares 2X Long NVDA Daily ETF (NASDAQ: NVDL)—a highly specialized vehicle aiming to provide two times the daily returns of NVIDIA Corp. (NA... Read the Full Story |
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Auto/Tires/Trucks | |
Rivian Automotive (NASDAQ: RIVN) has been on a rollercoaster ride in recent weeks, with its stock price experiencing dramatic swings that reflect the turbulent nature of the electric vehicle (EV) sector. Despite the company's recent partnership with Volkswagen offering a glimmer of hope, investors... Read the Full Story |
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Monday's Early Bird Stock Of The Day Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina. | | View Today's Stock Pick |
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