News
Earnings
Nvidia Earnings Beat Sends Chips Rallying
The chipmaker topped estimates again, lifting the broader semiconductor group.
Economy
Treasury Yields Climb as Traders Reprice Rate Cuts
Bond yields rose as investors dialed back expectations for near-term easing.
Markets
Markets Edge Higher as Tech Leads
Major indexes ticked up Thursday, powered by gains in large-cap technology shares.
Economy
Retail Sales Surprise to the Upside
Consumer spending came in stronger than forecast, easing slowdown fears.
Economy
Fed Holds Rates Steady
The central bank left its benchmark rate unchanged and signaled patience on future moves.
Earnings
Earnings Season Kicks Off Strong
Early reports beat expectations, lifting sentiment across several sectors.
Markets
Oil Prices Slip on Supply Data
Crude retreated after inventories rose more than analysts forecast.
Economy
Investors Eye Inflation Report
Markets are positioning ahead of a key consumer price reading due Friday.
Markets
Gold Hits Record as Investors Seek Safety
The precious metal climbed to an all-time high amid lingering uncertainty.
Stocks
Live Nation Entertainment Stock: The Best Summer Concert Deal In Town?
Live Nation (LYV) shares are down around 15% from its 2024 peak, largely due to concerns regarding a new antitrust probe. According to reports from the Wall Street Journal, the U.S. Justice Department is gearing up to file an antitrust lawsuit against the owner of Ticketmaster, Live Nation, citing a
Stocks
United Airlines Sees Smoother Air Ahead As Its Stock Surges
Shares of United Airlines (UAL) surged over 17% following the release of better-than-expected first-quarter financial results. Should the world’s leading airliner, measured by destinations, maintain its upward trajectory this month, it will mark its first six-month winning streak since 2016. United’
Markets
3 Dividend Stocks With Yields Better Than Fixed-Income Investments
If there’s one silver lining to higher interest rates, it’s the clarity they bring in defining what qualifies as a high-yield dividend stock. When monetary policy kept interest rates close to zero percent, it was tough for savers who had limited options besides investing in stocks to get any kind of
Earnings
3 Large Cap Retail Reports To Watch In April 2024
In the retail sector, fourth-quarter earnings reports are challenging acts to follow. This period includes the busiest shopping days of the entire year, including Black Friday and Cyber Monday. However, this doesn’t diminish the value of first-quarter retail sales data for investors. In fact, the Ja
Stocks
GPC Stock Be A Winner As inflation Hits Auto Repair
At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report. The auto parts company gave a mixed report with earnings per share (EPS) coming in slightly higher than analysts’ expectations and revenue coming in slightly lower. But what investors shouldn’t be t
Economy
Treasury Bond Yields Are Rising…But These Dividend Kings Pay More
2024 was expected to be the year when interest rates would start falling in the first quarter. However, the Federal Reserve is now signaling it is under no economic pressure to cut rates at all while some analysts are even modeling rates to move higher as inflation remains difficult to tame. On Tues
Markets
2 Data Center REITs Riding The Digital Tech Wave
According to the Bureau of Economic Analysis (BEA), the digital economy has grown to $2.6 trillion market and now represents 10% of the entire U.S. gross domestic product (GDP). This growth was fueled by the integration of advanced technologies such as e-commerce, cloud computing, data analytics, an
Markets
3 Oversold Shipping Stocks That Could Stay Afloat
The dry bulk shipping industry is volatile in the best of times but the past five years have been particularly challenging. The global pandemic and escalating geopolitical tensions, coupled with the recent catastrophic collapse of Baltimore’s Francis Scott Key bridge has only added to the industry’s
Stocks
Microvast May Need More Juice To Reward Patient Investors
Microvast (NASDAQ:MVST) is an overlooked player in the electric vehicle ecosystem. The company operates as a vertically integrated manufacturer of lithium-ion batteries and satisfies a vital role across various stages of battery production. The company caters to a diverse customer base that includes
Stocks
Constellation Brands Stock Rises As Modelo Stars As Top Beer
On April 11, Constellation Brands (STZ) reported fiscal 2024 fourth-quarter results that impressed investors. The global producer of beer, wine, and spirits reported profits that not only surpassed Wall Street’s expectations, but also provided a glowing outlook for the current year. This news drove
Stocks
Is the CarMax Stock Wreck An Opportunity?
CarMax (KMX) investors are concerned, as evidenced by a significant drop in the company’s stock. Last week, shares of the nation’s largest used car retailer fell more than 12% following a disappointing quarterly update. This decline not only wiped out a strong start to 2024 but also placed the stock
Stocks
Costco Raises Dividend, Giving Investors Another Reason To Buy
Costco (NASDAQ:COST) holds the title as the undisputed leader in the warehouse club sector. The company, beloved for its $1.50 hot dog meal that hasn’t gone up in price since it was introduced in 1985, has recently become one of the top suppliers of gold and silver in the United States. Costco is re
Analyst Updates
Atlassian Stock Gets Upgraded As Remote Work Trends Persist
Collaboration software innovator Atlassian (TEAM) is currently trading more than 50% below its peak of $483.13, mostly due to a slowdown in growth in the post-pandemic reality. Despite this, the equity research department at Barclays upgraded Atlassian shares from Equal Weight to Overweight and incr
Stocks
McCormick is a Solid Long-Term Consumer Staples Play
McCormick & Company (NYSE:MKC) shares are trading near its six-month high, driven by an encouraging earnings announcement and confirmation of management’s 2024 outlook. The company surpassed expectations, with an earnings per share (EPS) of 63 cents and revenue of $1.60 billion, against forecasts of
Markets
2 High P/E Stocks To Buy & 1 To Fade
The Price-to-Earnings (P/E) ratio is one of the mostly used metrics for investors, serving as a gauge for valuing a company relative to its earnings. Simply put, it represents how much an investor is willing to pay for each dollar of a company’s earnings. For instance, a P/E ratio of 20x indicates t
Stocks
Why Palantir May Be Worth Every Penny of its Valuation
Palantir Technologies (NYSE:PLTR) shares are down around 5% during the final five days of the first quarter of 2024, providing fuel for those investors who have long deemed the stock fundamentally overvalued. This sentiment was echoed by analysts at Monness, Crespi, and Hardt, who downgraded PLTR fr
Stocks
Lantern Pharma is Changing How We Think About Drug Discovery
Before 2024, Lantern Pharma (NASDAQ:LTRN) was relatively unnoticed in the biotech sector. It was merely a nano-cap biotech stock that was indistinguishable from a very crowded pool of other low-cap stocks vying for investor attention. But over the past six months, LTRN stock soared more than 175% du
Analyst Updates
Lyft Stock Upgrades Rolling In As New Ride Share Options Get Rolled Out
Traditionally, the taxi service sector has lagged in innovation. However, Lyft (LYFT) is one of the small handful of companies in existance that can significantly alter this perception. During its recent fourth quarter earnings call in February, Lyft, headquartered in San Francisco, emphasized ‘inno
Analyst Updates
Cummins Stock: Engine Leader Powers to a Record High After Upgrade
Cummins Inc. (CMI) shares hit a record intraday high of $297.11 on March 21st as shares are up more than 20% for the year. This surge is driven by growing optimism regarding a revival in global construction and infrastructure projects. In early March, Cummins won a bullish rating from UBS analysts a
Markets
3 Sector ETFs That Are Crushing The Market
Fittingly, the U.S. stock market sprouted growth during the first week of Spring. Despite slipping on Friday (largely because of Nike’s post-earnings weakness), the Dow Jones Industrial Average and S&P 500 posted gains of more than 2% for the week. With Chairman Powell downplaying the recent uptick
Stocks
Traders Run To Marathon Oil Stock As Crude Prices Top $80
Wall Street research firm Piper Sandler on Monday reaffirmed a Buy rating on Marathon Oil (MRO) with a price target of $32.00. The oil and gas producer is on a bit of a hot streak, having notched a total of four consecutive Buy ratings in under a week WTI crude oil futures are trading firmly
Stocks
Axon Enterprise Stock: Taser Owner Tops $300 On Strong Demand, Outlook
On March 13, the Puerto Rico Police Bureau extended its partnership with Axon Enterprise (AXON), a leader in public safety innovation, to supply its police officers with the Axon Body 4 body-worn cameras. The deal follows last year’s implementation of Axon’s Axon Body 3 cameras along with Axon Fleet
Markets
3 Stocks With Pricing Power As Inflation Accelerates
The February readings of the Consumer Price Index (CPI) and the Producer Price Index (PPI) paused the rally in equities, and it forced investors to consider an uncomfortable reality. What if inflation begins to move higher and not lower? And if that happens, does it change the outlook for interest r
Markets
3 Undervalued Dividend Dynamos With Healthy Yields
Let’s talk dividends. Dividend-paying stocks can have a place in every investor’s portfolio. Dividend-paying stocks are an essential component of any investor’s portfolio, offering quarterly or in some cases monthly income simply for holding the stock. A portfolio comprised entirely of dividend stoc
Stocks
SoundHound AI Stock: A Small Cap Making Big Noise
SoundHound AI (SOUN) is an overlooked and hidden gem that could ride the wave of 2024’s hottest investment trend: artificial intelligence (AI). The Santa Clara, California-based company is known for its conversational intelligence technology. The company’s late February earnings report cemented its
Stocks
5 Reasons Beyond Meat Stock Could Mount A Juicy Comeback
In the late 2010s and early 2020s, Beyond Meat (BYND) experienced rapid growth that captivated both investors and consumers. Not only did the company extend a crucial partnership with grocery powerhouse Walmart in 2021 but it expanded its presence at Costco, Kroger, and other notable players. Beyond
Markets
3 Uranium Stocks To Profit From A Nuclear Future
Uranium prices surged at the start of 2024 from $91 a pound to around $105 but but have since given up all of its gains and is now trading below $90 a pound. However, uranium prices are still up 83% over the past year and as the top-performing commodity of 2023, the prospects for uranium
Analyst Updates
3 Small-Cap Biotech Stocks That Analysts Love
Throughout 2023, biotech stocks came under pressure in part due to high interest rates that are a major headwind for long-dated assets. However, as analysts continue to expect at least one interest rate cut in 2024 with more to follow next year, investors should take a fresh look at biotech valuatio
Stocks
2024’s Top Large Cap Stock Has ‘Super’ AI Growth Ahead
We are just entering the era of generative AI, a development that represents a compelling catalyst for Super Micro Computer (SMCI). The San Jose-based company specializes in high-performance servers and storage solutions and needs to be on investor’s radar. According to a recent survey by MIT Techno
Earnings
3 Late-Season S&P 500 Earnings Reports That Could Dazzle
The S&P 500 is up approximately 8% so far this year and on pace to finish higher for a fifth consecutive month in March. Hopes for interest rate cuts are largely fueling the U.S. stock market’s drive to record highs. Despite Tuesday’s core CPI inflation data exceeding expectations, investors didn’t
Stocks
Is Tesla Stock At $200 An Electric Opportunity?
Fifteen years after unveiling the $128,000 Roadster, Tesla has become one of the most talked about stocks on both Wall Street and Main Street. However, the 25% year-to-date loss means one of two things: 1) investors are throwing in the towel after a multi-year bull run and declaring the bull narrati
Earnings
3 Stocks Set To Get A Super Bowl Earnings Boost
The Kansas City Chiefs won’t be the only winners of Super Bowl LVIII. In the coming weeks, many public companies who are corporate sponsors, advertisers, and NFL partners will release their earnings report that could receive a post Super Bowl boost. Given the record-breaking statistics of this year’
Stocks
FUD Makes Apple Stock an Oversold Bargain
Apple (NASDAQ:AAPL) has been disappointing investors so far in 2024 given its status as one of the ‘Magnificent Seven’. AAPL is supposed to be in an elite category of outperformers, but shares are down by 12% compared to a 10% gain in the Nasdaq Composite Index. In fact, Apple’s stock looks to be in
Markets
3 Small Cap Millennial Stocks With Big Upside
Millennial wealth is increasing at a rate beyond expectations, presenting potential opportunities for investors. A recent blog from the US Federal Reserve Bank of St. Louis reports that in 2022, the median wealth of US Millennials born between 1980 and 1989 reached $130,000. This represents a readin
Stocks
Jet Blue/Spirit Air Deal Nixed. Here’s What It Means For Spirit’s Stock
This discount airline’s stock can’t get off the tarmac. Should you buy on the dip? The announcement that the proposed merger between JetBlue Airways and ultra low-cost carrier Spirit Airlines (SAVE) was blocked turned an already challenging situation for SAVE into a dire one. At the time of the anno
Markets
Order Up: These Three Food Stocks Hit The Spot
Food and beverage stocks haven’t performed well lately, but this menu of stocks shows the sector bouncing back. Food stocks have underperformed in recent years, leaving a sour taste in investors’ mouths. Take the benchmark Invesco Food and Beverage ETF (PBJ), which is only up 1.4% year to date, agai
Stocks
Why T-Mobile Rules The Roost For 5G Stocks
This telecom giant is plugging the profits from a major 5G investment. With all the talk about artificial intelligence in 2024, distracted investors may miss out on other fast-rising technologies that are producing profits in stock market portfolios. Take the 5G sector, which is growing like gangbus
Earnings
Target Stock Jumps On Big Q4 Profits, 2024 Changes
Target (TGT) significantly exceeded fourth quarter earnings expectations when it reported results on Tuesday. On March 5th, the retailer announced that holiday period profits rose 58% year-over-year to $2.98 per share, handily exceeding Wall Street’s forecast of $2.41 per share. Target’s EPS also ex
Markets
2 Mid-Cap Dividend Growers Off To A Hot Start In 2024
As US stock indices continue trading near all-time highs, a diverse range of sectors, industries, and individual companies have been embraced as market winners. Notably, artificial intelligence (AI) stocks continue to dominate much of the market buzz across both Wall Street and even Main Street as n
Markets
2 Data Center REITs: Capitalizing on the Digital Age
Data center real estate investment trusts (REITs) provide investors with access to the rapidly expanding sector of data storage and processing. These REITs focus on owning and managing data centers, facilities that contain the physical infrastructure essential for powering the digital universe. This
Analyst Updates
5 Nasdaq Stocks Wall Street Is Surprisingly Bullish On
Driven by the excitement around artificial intelligence, the tech-heavy Nasdaq index has soared to extremely high valuations. These elevated valuations indicate that investors should be more cautious in selecting individual stocks. With valuations for previously successful stocks becoming more exten
Markets
Amazon is Joining the Dow: Top 3 DJIA Stocks
E-commerce giant Amazon (AMZN) joined the Dow Jones Industrial Average (DJIA) on Monday, replacing Walgreens Boots Alliance (WBA). The move reflects the evolving US economy with its focus on technology and e-commerce. However, while the Dow Jones boasts stability and resilience in downturns, it can
Stocks
Palo Alto Networks: 3 Compelling Reasons to Buy the Dip
Cybersecurity giant Palo Alto Networks (PANW) experienced a turbulent week, with shares plummeting 30% after its latest earnings report – a record-breaking one-day drop. The end result was Palo Alto’s stock plummeting from nearly $380 to $260. The culprit? Lowered revenue expectations and a strategi
Markets
5 Retail Stocks That Are Still Worth the Investment
While headlines paint a bleak picture for brick-and-mortar retail, a handful of savvy players are defying the odds. Forget Amazon’s dominance – and perhaps now Temu’s emerging presence – the truth is, the US retail market is set to boom. Fueled by a strong labor market, easing inflation, and resili
Markets
5 Best Meme Stock Tickers
When you think of meme stocks, you think of amateur investors rallying online, sending obscure companies skyrocketing, and hedge funds scrambling. But meme stocks have come a long way since early 2021. Meme stocks today are more like momentum plays. Whether you’re a seasoned investor or just curious
Markets
Why Warren Buffett Can’t Beat the S&P 500
Warren Buffett, the legendary investor behind Berkshire Hathaway, has built a reputation for market-beating returns. Yet, recent performances have sparked a debate: Can even the best beat the S&P 500 over the long term? This question reveals deeper truths about investing in today’s dynamic landscape
Stocks
Why Nvidia Will Be The S&P 500’s Best Performer Until 2026
Nvidia (NVDA) posted record quarterly revenue when it released recent earnings. Its quarterly revenue came in at $22.1 billion, rising 22% quarter-over-quarter and 265% year-over-year. The stock is nearly up 60% year-to-date and soared over 15% after the earnings announcement briefly hitting a $2 tr
Markets
Why Is Wall Street So Bullish?
Goldman Sachs’s lead strategist David Kostin turned incrementally bullish on US stocks last week, raising the firm’s S&P 500 year-end target from 5,100 to a new Street high target of 5,200. This is the second upward revision in just three months for Goldman, highlighting growing optimism about corpo