Good MorningEquity markets pulled back for Wednesday's 3rd day this week as a growing fear of an economic downturn saps bullish sentiment. The downturn, which has been expected for several quarters, appears to be finally here based on guidance from retailers like Target and Lowe's. In their view, consumer spending will fall double-digit this year, on top of a 30% correction in the housing market—demand for mtg fells to a 28-year low and points to a deepening correction in that sector.
On the bright side, not all is lost in the investing world. While most of the S&P 500 index is under pressure, some sectors, like fast food, are producing growth and guiding for growth in 2023. These stocks offer investors a range of opportunities, including blue chip safety, high yield, and value, depending on where you look. Featured: Silver Prices Could Offer Bigger Upside Than Gold in 2023 (Tier One Silver) 
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Tech | | | After sweeping through battles in statehouses across the country, the war against ESG investing is heating up in Congress.
The Senate voted Wednesday to overturn a Labor Department rule allowing retirement plans to consider environmental, social and governance factors when making inve... Read the Full Story |
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From Our PartnersIf you’re looking for an INCREDIBLE deal on stocks with huge growth potential, now is the time to look at this list our team prepared.
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A high dividend yield can be an attractive feature, as it’s a way of gauging a stock’s dividend payout relative to its price. Some of the highest yields can be found in oil-and-gas master limited partnerships and tanker companies, but you can also get high yields from many other sector... Read the Full Story |
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Markets | | | When European Union chief Ursula von der Leyen visited Britain last week, some joked on social media: Can you please bring us some tomatoes? People in the U.K. have had to ration salad staples like tomatoes and cucumbers for the past two weeks amid a shortage of fresh vegetables. Shelves of fresh pr... Read the Full Story |
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From Our PartnersTo build just one electric vehicle (EV) engine requires 183 pounds of copper. Compare that to just 18 pounds required in a gas-powered car. That's 10 TIMES more copper. EVs are expected to increase 1,400% by 2030. More sources of copper are desperately needed to keep up with demand. | | | | See Who Can Benefit from Huge Copper Demand. |
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Markets | | | Asian stock markets were mixed Thursday after signs of enduring upward pressure on American prices added to expectations of higher interest rates for longer.
Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices edged higher.
Wall Street declined We... Read the Full Story |
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Markets | | | Chinese leader Xi Jinping’s agenda for this month’s meeting of the ceremonial national legislature: Revive the economy by encouraging consumers to spend more now that severe anti-virus controls have ended Read the Full Story |
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Jack in the Box (NASDAQ: JACK) CEO Darrin Harris has this company wound up and ready to spring into growth. He has been rationalizing operations across the system, focusing on building the franchise network and growing into new markets. His efforts include menu choices and standardizations, a push... Read the Full Story |
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Markets | | | German Chancellor Olaf Scholz on Thursday called on China to refrain from sending weapons to Russia and instead use its influence to press Moscow for the withdrawal of Russian troops from Ukraine.“My message to Beijing is clear: use your influence in Moscow to press for the withdrawal of Russian tro... Read the Full Story |
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Plug Power’s (NASDAQ: PLUG) Q4 and FY results have the shares moving sharply lower, but this is a knee-jerk reaction to headline news. The results were weaker than expected but should not have been a surprise given the early phase of the business. Start-ups across sectors, industries, and ve... Read the Full Story |
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Target Corporation’s (NYSE: TGT) shares were down more than 4% in Wednesday’s session, despite the retailer beating the headline expectations in their earnings report yesterday. As initial reactions go to quarterly updates, you’d be forgiven for thinking it was an odd one, but on... Read the Full Story |
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Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) are down more than 17% the day after the company delivered a disappointing earnings report. The results were mixed and not altogether poor, but they were still enough to give investors a taste of consumers' anxiety about electric vehicles.
Ri... Read the Full Story |
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Thursday's Early Bird Stock Of The Day FibroGen, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapeutics to treat serious unmet medical needs. Its lead product candidates are Pamrevlumab, a human monoclonal antibody targeting connective tissue growth factor that is in Phase III clinical development for the treatment of locally advanced pancreatic cancer; and Roxadustat, an oral small molecule inhibitor of hypoxia-inducible factor prolyl hydroxylase activity, which has completed Phase III clinical development for the treatment of anemia in chronic kidney disease in China, Europe, Japan, and other countries, as well as in Phase III clinical development for anemia related with myelodysplastic syndromes. The company has collaboration agreements with Astellas Pharma Inc. and AstraZeneca AB. FibroGen, Inc. was incorporated in 1993 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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