Good MorningEquity markets remained near record highs Tuesday as investors digested economic data and a potentially shocking supply-chain event in Baltimore. Durable goods orders rose more than expected on the economic front and underscore resilient economic conditions. Regarding Baltimore, the Port of Baltimore was closed after a container ship ran into the Francis Scott Key Bridge and knocked it down. The closure will have wide-reaching ramifications in a world where major shipping lanes are already hampered by weather, water, and geopolitical events.
The big news this week will come on Friday. The PCE index is expected to affirm the idea of Fed rate cuts; the only question is the timing. The report is expected to show inflation accelerating, pushing the timing of the first cuts out. As it is, the market projects a Fed rate cut by July and possibly two by the end of summer. Featured: Get March’s Exotic Club stock pick (dirt cheap!) (DTI) 
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When traders stampede into call options, it typically means they expect an event to come, pushing the underlying stock higher soon. Because options expire at a given date, these traders must get their thesis right before expiration or risk losing their entire investment.
Today, three stocks show ... Read the Full Story |
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Earnings growth typically drives stock prices. Three stocks are set to grow at double and even triple-digit rates this year, yet their prices stay at more than 30% discounts from their 52-week highs. Whether underrated or just forgotten, they are cheap stocks that shouldn’t be so.
The names... Read the Full Story |
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NVIDIA (NASDAQ: NVDA) ushered in a new age with the surge of AI and its lean into full-stack AI services. The company's leadership position is reflected in its results and stock price, which is still advancing. Members of Congress are on board the NVIDIA freight train, but it isn't the most bought... Read the Full Story |
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Stocks | | Shares of Donald Trump’s social media company rose about 16% in the first day of trading, boosting the value of Trump’s large stake in the company as well as the smaller holdings of fans who purchased shares as a show of support for the former president Read the Full Story |
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Trump Media & Technology Group (NASDAQ: DJT), the parent company behind the social media app Truth Social, has made a resounding entrance into the stock market, capturing the attention of investors and analysts worldwide. With its highly anticipated initial public offering (IPO), the company e... Read the Full Story |
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From Our PartnersRemember Intuitive Surgical's rise of 18,000% over two decades? It used new tech to transform surgery.
Now, I've found an obscure AI stock following its path.
This company brought the first AI-designed drug to clinical trials. It's lined up major pharma partnerships together worth over $7 billion.
Yet with a market cap of only $700 million, it trades for under $10 a share.
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Stocks | | In a virtuous cycle that's only helped investors, fees keep dropping for mutual funds and exchange-traded funds.Last year, investors in stock mutual funds paid an average of 42 cents in fees for every $100 they had invested. That's down from 44 cents the year before and from $1.04 in 1996. Fees were... Read the Full Story |
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McCormick & Company (NYSE: MKC) stock may not be cheap, trading at 22X this year’s and 20X next year’s earnings, but it is undervalued. The company is among the highest-quality consumer staples on the market, trading below its historical norms and near the middle of the group&rsquo... Read the Full Story |
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Markets | | Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is used in a store or restaurant. The deal would lower and cap the fees charged by Visa and Mastercard and allo... Read the Full Story |
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Markets | | U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future.The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in Feb... Read the Full Story |
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Markets | | Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong. | Should I Buy Prudential Stock? PUK Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Prudential was last updated on Thursday, February 20, 2025 at 11:35 PM.
Prudential Bull Case -
Prudential plc has recently been upgraded to a "hold" rating by analysts, indicating a more favorable outlook for the stock compared to previous assessments.
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The stock is currently trading at $15.97, which is near its one-year low of $14.39, suggesting potential for price appreciation as it may rebound towards its one-year high of $22.07.
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Institutional investors have shown increased interest, with EverSource Wealth Advisors LLC raising its position by 45.9%, indicating confidence in the company's future performance.
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Prudential plc operates in the life insurance industry, which tends to be more stable and resilient during economic downturns, providing a level of security for investors.
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The company has a long history, being founded in 1848, which reflects its experience and stability in the financial services sector.
Prudential Bear Case -
Despite recent upgrades, the stock has not shown significant upward momentum, which may indicate underlying issues that could affect future performance.
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Prudential plc's trading volume was lower than its average, suggesting a lack of investor interest or confidence in the stock at this time.
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The company's fifty-day simple moving average is $15.97, which aligns with its current stock price, indicating potential stagnation without a clear upward trend.
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With only 1.90% of the stock owned by hedge funds and institutional investors, there may be limited support from larger investors, which can impact stock stability.
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The life insurance industry can be heavily influenced by regulatory changes and economic conditions, which may pose risks to Prudential plc's profitability and growth.
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