9987

Why this Best-of-Breed Company is a Buy Following Strong Earnings

Earnings season can be hit or miss for a number of reasons. Even if a company reports the earnings per share figures that Wall Street analysts are looking for, other factors such as forward guidance may cause a big win to become a big loss for shareholders. That seems to be the case withDatadog (DDOG). Shares plummeted more than 10 percent intraday following its earnings report, when the company beat on overall numbers. The data analytics company has further room for growth, ...
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9982

Housing Trends Still Support these Best-of-Breed Companies

Earnings season has been favorable to a number of companies in the housing sector already, from lumber companies to homebuilders. There’s one group of companies that are set to report earnings this week likely to fare well. Those companies? Home-improvement retailers. Industry giantsHome Depot (HD) andLowe’s (LOW) are set to report, and Credit Suisse just reiterated their outperform rating ahead of earnings. Both companies have performed well this quarter in terms of their share price. As a result, their share price is ...
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9978

Electric Vehicles Remain a Market Winner as this New Play Gets a Massive Buy Rating

The technology space continues to march on with election uncertainty waning. In one key area, electric vehicles, the sector remains in an unstoppable uptrend. Declining costs, improved reliability and expanded options are creating a perfect storm for demand. With most analysts focused on big names likeTesla Motors (TSLA) or retail favoriteNIO (NIO), one newer company in the space just got its first analyst buy—and that analyst expects an easy double. The company isFisker (FSR). Shares rose 30 percent on Monday as Cowen ...
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9973

Holiday Factors Favor This Niche Industry

Most investors know that the holiday season is when retail companies post their best numbers. Indeed, the term Black Friday may have even come into existence on the notion that the day after Thanksgiving was the first day many stores posted a profit for the year. This year is also pointing to a strong holiday trend following a year of lockdowns. With many retail stocks already on the radar, one niche area still has some room to run. That sector? The toymakers ...
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9967

Treasury Yields Slide, Providing a Boost to this Sector

Election uncertainty allowed Treasury yields to rise in October. Rising yields mean a higher cost of capital for borrowers across the private sector as well. That put a pinch onto the prices of car loans, and mortgages. With the major election uncertainty—big radical changes—off the table, Treasury yields are coming back down. And that’s likely to be a boon to real estate, particularly housing. Homebuilder stocks have already seen a disproportionately large rally in the past few days. That trend is likely ...
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9950

Divided Government is Great for This Sector (And We Already Gave You a Winning Trade)

With no “red wave” or “blue wave” creating a one-party government in Washington D.C., political elites will have to compromise to get anything done. That means that big, sweeping changes are off the table. That’s good for stocks in general. It’s great for companies that may be sensitive to changes in tax policy. But the real winner? Companies in the healthcare space. There is no political mandate to either greatly increase or decrease the government’s role there. That’s why the managed-care stocks ...
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9945

In Any Thriving Industry, Buy the Suppliers

During a gold rush, the folks who went out to sift, mine, and hack away at the earth to find the yellow metal often don’t end up with much. The real winners? The suppliers. The folks who sell the pickaxes, shovels, and jeans. While that still applies to the mining sector, it applies to all sectors that need to be supplied. That can create some tremendous investment opportunities in unexpected places. One such player isZebra Technologies (ZBRA). The company sells a range ...
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9939

At-Home Consumption Trends Benefit this High-Yielding Play

Traders know to play the airlines and cruise lines on any pandemic related headline. But there’s a secondary category of companies that have been impacted by this year as well. On the positive side, many tech names have gotten market attention. But a number of consumer names without a technology angle have been reasonable winners right now. Some even offer investors high dividends in today’s zero percent interest world. One such company isNewell Brands (NWL). The maker of Rubbermaid containers cited the ...
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