Good MorningEquity markets rose on Thursday, led by the Dow Jones Industrial Average, as investors rotated into the broader economy. The move was sparked by a week of tepid economic data and Fedspeak pointing to additional monetary policy easing. Easing policy headwinds will make it cheaper for businesses to invest and grow, which catalyzes stock prices. The biggest Dow gainer was Salesforce, a tech stock exposed to companies and industries across sectors.
Market leader NVIDIA is also responsible for some of Thursday's action. The AI powerhouse reported another quarter of stunning results, sparking intraday volatility that eventually led to higher prices at the close. The stock advanced by more than 1% at the close, showing support at a critical moving average and a high likelihood of moving higher over the next few weeks. Analysts are lifting their targets for the stock price and see it advancing about 35% over the next 12 months. Featured: Sell these "safe" blue chips immediately (Ad) 
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Healthcare | |
BioMarin Pharmaceutical (NASDAQ: BMRN) has been a rough investment for a long time. Over the past 10 years, shares have provided a total return of -28%. However, Wall Street analysts have consistently given this stock price targets that are much higher than its trading price.
They see more fund... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Technology | |
Palo Alto Network’s (NASDAQ: PANW) stock price has been in a multi-year uptrend that will continue for many more years because of its leadership position in cybersecurity. It is the world’s leading cybersecurity provider, and its business is supported by the increasing use of digitiz... Read the Full Story |
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Consumer Staples | |
Certain stocks in the market are not supposed to sell off at any time, and some brands and business models are widely known to be rock-solid and relatively immune to volatility. However, every once in a while, the system throws an unexpected event at these companies, rendering most volatility mode... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Consumer Discretionary | |
Tepid guidance or not, the TJX Companies (NYSE: TJX) stock price can hit another new high this year because the retail trends driving it remain in place. Those include growth driven by price-conscious shoppers, outperformance, margin strength, cash flow, and capital returns, which are expected t... Read the Full Story |
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Technology | |
NVIDIA’s (NASDAQ: NVDA) growth is slowing, and margins are expected to compress, but so what? The company’s business has grown nearly 800% in the last four years and continues to grow. The Growth will eventually top out, but high levels of business are expected because of the AI revolu... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Healthcare | |
Medtronic’s (NYSE: MDT) share price is down significantly from its peak in 2021, providing investors a deep-value opportunity. The stock price is down because of the post-COVID correction and headwinds leading to sluggish growth, which are factors that will not last forever. What will remain... Read the Full Story |
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Finance | |
Robinhood (NASDAQ: HOOD) is the company that created the trading app that once epitomized the democratization of finance and the financial services sector. Robinhood’s stock price has surged by over 330% this year, which is a dramatic rebound from its previous lows. This resurgence has spar... Read the Full Story |
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Technology | |
The artificial intelligence (AI) sector is booming, with companies like NVIDIA (NASDAQ: NVDA) leading the charge and delivering stunning returns for investors. However, a smaller player, SoundHound AI (NASDAQ: SOUN), has quietly outperformed most of the biggest industry giants, including NVIDIA.... Read the Full Story |
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Consumer Discretionary | |
Lowe’s Companies (NYSE: LOW) price action pulled back from its October peak, providing a second-chance opportunity for investors. The opportunity is to add to positions or create new ones at a discounted price. Tepid results cause the pullback, but it is unlikely to get much deeper because o... Read the Full Story |
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Consumer Staples | |
Walmart’s (NYSE: WMT) Q3 report and guidance for Q4 revealed that the tailwinds driving its business remain strong and steady, driving outperformance and another increase to the outlook. The news sent shares to a new all-time high, firing a strong technical signal that suggests this market... Read the Full Story |
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Friday's Early Bird Stock Of The Day Oscar Health, Inc. operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products. The company was formerly known as Mulberry Health Inc. and changed its name to Oscar Health, Inc. in January 2021. Oscar Health, Inc. was incorporated in 2012 and is headquartered in New York, New York. | | View Today's Stock Pick |
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