Good MorningEquity markets advanced on Tuesday, and the S&P 500 is on the cusp of setting a new all-time high. That high may come today if the CPI data cooperates. Cooperative data will show inflation receding appropriately to allow the FOMC to start cutting interest rates later this year. Uncooperative data will include hotter-than-expected inflation that keeps the FOMC in a hawkish stance and its current policy unchanged.
Results from Home Depot helped the index to advance. Shares of Home Depot fell in early trading on tepid results but regained the lost ground throughout the day to close in the green. The company's results were tepid but pointed to normalizing economic conditions that will sustain growth over the long term, cash flow, and capital returns. The next test for the market will come tomorrow with Walmart's results. Featured: This Single Fund Owns Every Major AI Stock and Pays Weekly (Ad) 
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Industrials | |
Shares of the world’s largest aerospace and defense company, Raytheon Technologies Corp. (NYSE: RTX), have launched to new 52-week highs. President Joe Biden signed a $95 billion foreign aid bill into law, which allocates $61 billion for Ukraine's aid in its war with Russia. Nearly $6 billio... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
A free report highlights seven cash-generating stocks with a 5 percent forward yield floor and roughly 6.5 percent average cash yield, capped at two picks per sector.
Each pick includes coverage numbers and an honest bear case. Five of the seven have raised payouts for 17 to 56 straight years. | | Get the seven high-yield dividend stocks free now |
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Consumer Discretionary | |
Jack in the Box (NASDAQ: JACK) share prices tumbled over the last year as the Del Taco acquisition weighed on sentiment, but the rebound is on, and the upside looks tasty. The acquisition was questionable, and the rationalization of the business took longer to gain traction than expected, but it i... Read the Full Story |
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Consumer Discretionary | |
On’s (NYSE: ONON) Q1 results prove it is gaining traction with athletes and is on track to dethrone Nike (NYSE: NKE) as the god of running shoes. The company’s results exceeded expectations on strength in all channels, segments, and geographical regions and are expected to accelerate a... 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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Consumer Discretionary | |
Shares of Alibaba Group (NYSE: BABA) fell by as much as 5% in the pre-market session of May 14th; the reaction came after a wild first quarter 2024 earnings result, which is arguably the most critical report of the year as it sets the tone for what may come in the following months. Without digging... Read the Full Story |
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Consumer Discretionary | |
Dutch Bros. Inc. (NYSE: BROS) is a growing quick-service coffee and beverage chain. The company primarily offers drive-through coffee service with limited walk-up locations. In fact, 90% of the business for this consumer staples sector company comes from the drive-thru. The model emphasizes speed,... 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.
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Consumer Discretionary | |
Home Depot (NYSE: HD) issued a mixed Q1 report offering little reason to buy or sell the stock. On the one hand, weaker-than-expected revenue and tepid guidance suggest growth will be hard to come by this year. Conversely, better-than-expected profitability and an outlook for normalized operations... Read the Full Story |
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Technology | |
The cryptocurrency mining sector was once a symbol of booming growth and rapid innovation, but it now faces a series of daunting challenges. Rising energy costs are squeezing profit margins, and recently, the Bitcoin halving event cut the rewards to mining companies in half. These headwinds are fo... Read the Full Story |
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Technology | |
The meme stock mania could be back underway, as shares of GameStop Corp. (NYSE: GME) have been halted after rallying by as much as 80% on Monday’s trading session. As it turns out, ‘Roaring Kitty,’ the Twitter (now X) user who started the first GameStop saga in 2021, has come bac... Read the Full Story |
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Markets | |
Over the past year, technology stocks have received the lion’s share of market attention and performance. Not all stocks in the space are equal, though; investors made it abundantly clear that they are only after those names are exposed to the new trends in artificial intelligence. But even ... Read the Full Story |
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Industrials | |
The utilities sector just broke out of its multi-year downtrend, confirming a significant change of character and shift in momentum. The sector, which has certainly taken a back seat to other sectors in recent years, like technology and in-play artificial intelligence stocks, is now firmly in the ... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in additives in diesel, jet, marine, fuel oil and other fuels. This segment's products are used in the operation of commercial trucking, marine and aviation engines, power station generators, heating oil, and other industrial machinery applications. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, construction, mining, and other industrial markets. The company's Oilfield Services segment develops and markets chemical solutions for drilling, completion, fracturing, stimulation, and completion operations; and products for oil and gas production. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado. | | View Today's Stock Pick |
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