Good MorningEquities pulled back from their recent highs as traders wrestle with the conflicting signals given by rising interest rates. The rate on the 10-year Treasury note rose to its highest level in over a year signaling both an improvement in economic conditions and an environment of tightening FOMC policy. The change in fundamentals has investors shedding their rate-averse growth stocks in favor of higher-yielding blue chips and dividend-growth stocks.
Data on Tuesday including a read on consumer confidence. The level of consumer confidence jumped by 19 points, 13 points hotter than expected, to its highest level in years pointing to a very strong spring season for retailers. Elsewhere in the market, investors are waiting on the details of a multi-trillion dollar infrastructure plan and the tax increases that are sure to come with it.
Featured: The U.S. Is Going To Change And So Will The Market (Legacy Research) 
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Growth, Dividends, Dividend Growth, And Upgrades
We’re closing in on the start of the fiscal Q1 2021 reporting season and the upgrades keep rolling in. Today’s look is at a group of stocks that are not only poised for sustained growth in the post-pandemic world but ones that pay... Read the Full Story |
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Markets | | | Shares of app-based meal delivery service Deliveroo tumbled by as much as a third in their U.K. stock market debut on Wednesday.
The London-based company's shares slid even after they were priced at the bottom of the potential range, reflecting investor wariness and broader market tu... Read the Full Story |
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Tech | | | Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security.
China’s first global tech brand reported sales of phones, ne... Read the Full Story |
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From Our PartnersA successful food tech industry entrepreneur as CEO, and a partnership with world renown “Iron Chef” Cat Cora could help push small-cap food tech company Home Bistro, Inc. to skyrocket territory. | | | | Continue Reading |
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Markets | | | It’s safe to say we are currently in a stock picker’s market. With plenty of economic and political factors making things complicated for investors at the moment, generating alpha is certainly not as straightforward as it was during 2020. Things like rising interest rates, potential tax ... Read the Full Story |
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Tech | | | Global shares were mostly lower Wednesday despite data that pointed to a strong economic recovery in China, as worries lingered about the pandemic.
France's CAC 40 inched down less than 0.1% to 6,085.03 in early trading, while Germany's DAX also fell less than 0.1% to 15,004.40. Brita... Read the Full Story |
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From Our PartnersThe clock just starting ticking on the biggest financial event in 20 years. The next few weeks could decide your wealth in 2021. | | | | See what you should do now |
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LifeMD (NASDAQ:LFMD) is a lesser-known player in the rapidly growing $9.5 billion U.S. telehealth market. Despite its small stature, the company may have some advantages when it comes to gaining share of a market that research firm Arizton forecasts will grow 29% annually over the next five years.... Read the Full Story |
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Tech | | | Hitachi Ltd. is buying U.S. digital engineering services company GlobalLogic Inc. for $9.6 billion, the Japanese industrial, electronic and construction conglomerate said Wednesday.
Tokyo-based Hitachi said the acquisition of the Silicon Valley company will strengthen Hitachi’s digit... Read the Full Story |
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Politics | | | Official figures show that the British economy ended 2020 on a stronger footing than previously thought but that it suffered a bigger than anticipated fall in output in the immediate aftermath of the first coronavirus lockdown Read the Full Story |
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Markets | | | Nevada-based rare earths miner MP Materials (NYSE: MP) stock peaked around $51.78 and has been steadily selling off since then despite reporting stellar earnings. The Company is the largest operating U.S. miner of rare earth oxides (REO) in the western hemisphere used to process neodymium and praseo... Read the Full Story |
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Lately, Wendy's (NASDAQ:WEN) stock chart has been about as flat as one of its value menu hamburgers. Since advancing 42% in 2019, the fast food, er quick-service restaurant, has struggling to get a second wind in an evolving restaurant industry.
Certainly, subsiding pandemic headwinds would help ... Read the Full Story |
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The Early Bird Stock Of The Day Chegg, Inc. operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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