This Sector Is Poised to Build on Its First Half Gains

Different market sectors move at different times. But when a sector does take off, it will often need to pause for a while before moving higher. This consolidation trend is normal, and in some sectors can last for years, in others, for weeks. The cryptocurrency market has been consolidating for a few months now following bitcoin’s halving in April. That may have shaken out momentum traders hoping for a quick ride to new all-time highs. Today, it’s creating an opportunity across the ...
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This Isn’t a New Meme Stock Trade, But It Could Still Perform Well

While the markets test new all-time highs and pull back, several companies have seen bigger jumps over the past few months. That includes a resurgence in meme stocks, some of which have seen triple-digit gains at times. Some stocks have also jumped on meme-like news. With markets still in a bullish mood, it’s best to separate the strong performers from the hopefuls at current prices. This week, trader Keith Gill of GameStop (GME) fame, disclosed a 6.6% stake in pet supply retailer ...
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This Asset Class Should Outperform in the Second Half of 2024

With the first half of the year on the books, tech has cemented its place as the runaway winner. But tech returns have started to slow. And with investors looking more defensively and with the potential for interest rate cuts ahead, other sectors may soon lead. That could mean that underperforming sectors in the first half of the year can have their turn to outperform. And investors who position themselves could stand to benefit. One underperforming sector is real estate. With interest ...
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Grab An Industry Leader in an Overlooked Market Sector Today

While tech stocks have had a big move higher to start the year, other sectors have lagged. That’s creating a new opportunity. Tech stocks are starting to slow down, and could even pull back. That means that other sectors may be ready to outperform. In any sector, owning the best names can mean reasonable returns. Those returns can be even better when bought right before an uptrend. And when the best company has plans to grow further. Things are lining up well ...
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This Industry Leader Is Poised for Further Growth

The past year has been a challenge for investors. While tech stocks have been soaring, the data suggests that the real economy has been muted. Consumer spending is weak and trending lower. The labor market is showing a similar decline. However, one industry leader has just indicated that business is faring well. And that could be a sign that the economy will continue to hold up, even with today’s lackluster data. The industry leader is shipping and logistics giant FedEx (FDX). Shares ...
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This Inflation Protection Is Back in the Buy Zone

Investors have several ways to hedge themselves from inflation. Owning shares of great companies that can pay an increasing dividend over time is one way. But when inflation spikes suddenly, companies can also take a hit to their profits. Owning a small position in gold can reduce the impact of sudden inflationary jolts. And it can ensure that investors protect their purchasing power over time. Inflation is down but not out. Gold is in a similar situation today. After making new all-time ...
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Retail Trends Point Towards a New Shift

The past decade has seen retailers shift heavily into online sales. While there’s still demand for many goods at brick-and-mortar stores, investors are more willing to buy online. Catering to that growing demand in new and innovative ways can give any retailer an opportunity to profit over time. It also means a retailer can continue to expand their market share as the world goes increasingly digital. Discount store chain Target (TGT) has been shifting with digital trends in recent years. Now, it’s ...
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This Leading Brand Is About to Get Another Round of Global Exposure

The stock market’s returns this year have been concentrated heavily into tech stocks. That’s created an opportunity, as there’s are still several values in other segments of the market, even with stocks near all-time highs. Astute investors will be able to find opportunities likely to trend higher in the coming months outside of tech. One place that could be ripe for big returns comes from companies with strong brands. That’s because a strong brand tends to grow the most when the economy ...
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