Good MorningStocks gave up some of the Monday gains on Tuesday as an air of caution set back into the market. As if this week’s non-farm payrolls report isn’t enough to have traders on edge there are new developments concerning government stimulus and a Presidential debate to consider. The first of three debates between incumbent Donald Trump and hopeful Joe Biden promises to be memorable if nothing else.
The earnings continue to roll in although it is still a few weeks until the peak of the 3Q earnings season. Reports from Micron and IHS Markit along with new guidance from Big Lots reinforces the idea that 3Q earnings are going to be better than expected. With the analysts already upping their targets, this is good news for the market indeed. If this trend persists the S&P 500 will be setting a new all-time high before the end of the year.
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Stocks | | For anyone who was brave enough to step in and pick up shares of some cruise stocks back in Q1, there have been very juicy profits to be had. For instance, the likes of Royal Carribean (NYSE: RCL) and Norwegian Cruise Line (NYSE: NCLH) are up 139% and 66% respectively from the multi-year lows seen i... Read the Full Story |
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From Our PartnersAirbnb will be the biggest IPO of 2020. Yet the company's planning a CONFIDENTIAL IPO. And it's designed to keep important details completely private.
Top private equity firms aren't waiting for the IPO. They're scooping up shares right now. And my special report reveals urgent details. | Click here to download the FREE report: Inside Airbnb's Confidential IPO |
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While we categorize stocks into convenient large, mid, and small buckets, there is plenty of overlap. For instance, some mid-caps can grow to become bigger than their large-cap counterparts. While there is more to index membership than market capitalization, market price movements can result in so... Read the Full Story |
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Markets | | Big Lots Is Another Hot Buy For The 4th Quarter
It was only a month ago I summed up Big Lots (NYSE:BIG) FQ2 earnings report. The report was fantastic by all metrics, there was really nothing wrong to be found within it, and yet shares entered a deep sell-off that shaved more than 25% off of t... Read the Full Story |
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Markets | | In its bid to take over the world, Amazon (NASDAQ: AMZN) has added podcasts to its menu of offerings, putting the tech behemoth in direct competition with Spotify.
Spotify (NYSE: SPOT) shares dipped only slightly when the news was released a couple of weeks ago, in mid-September, but have spent the... Read the Full Story |
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Under normal circumstances, pharmaceutical companies are thought to be safer than most industries during periods of economic uncertainty. This year is unique in that the pandemic has led to fewer people going to the doctor and getting prescriptions, which ultimately impacts the sales for big pharm... Read the Full Story |
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The Early Bird Stock Of The Day Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed. In addition, the company offers Guidewire Rating Management to manage the pricing of insurance products; and Guidewire Reinsurance Management to use rules-based logic to execute reinsurance strategy through underwriting and claims processes. Further, it provides Guidewire Underwriting Management, a cloud-based integrated business application; Guidewire AppReader, a submission intake management solution; Guidewire ClaimCenter Package for the London market supports the claims workflow used by London Market insurers and brokers; Guidewire Digital Engagement Applications, which enable insurers to provide digital experiences to customers, agents, vendors, and field personnel through their device of choice; and Guidewire for Salesforce to provide customer information regarding policies and claims. Additionally, the company offers Guidewire Predict, a P&C-specific machine-learning platform; Guidewire HazardHub that allows insurers to understand, assess, price, and manage property risk; Guidewire Canvas, Guidewire Compare, and Guidewire Explore cloud-native applications; and Guidewire Cyence, a cyber-risk economic modeling product. The company was incorporated in 2001 and is headquartered in San Mateo, California. | View Today's Stock Pick |
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