A website for News, Information, and Media.
by Steven Magallanes
Sunday, April 28, 2024
π¦ 3 Stocks Leading the U.S. Agriculture Comeback
Every cycle in the economy brings a different set of opportunities for investors. These are weighted as a balance between risk and potential reward. Depending on market conditions, the scale may tip to one side or the other. Today’s environment may pose a higher-than-desired risk for most investors, so boring names may be the best place. With an overall lack of volatility, the agricultural sector could be one place for investors to start looking to tip the reward scale in their favor at the least risk. Within this industry, three specific stocks could lead to a turnaround in its current bottoming. Stocks like Deere & Co. .
Equity markets rebounded in the previous week. The broad market gained roughly 3% at the session's high and may continue higher over the next few weeks. The move is driven by better-than-expected results from tech giants like Microsoft and Google, but there is risk. While most companies outperform their consensus estimates, the margin of outperformance is less than in previous quarters, and the guidance is weak. Tesla stands out with its forecast for revenue to fall substantially compared to last year.
This week is a pivotal one for the market. The peak of earnings seasons is the last big hurrah before summer, compounded by a full economic calendar and the FOMC meeting. The economic data is not expected to change the Fed's outlook but could surprise negatively - the Q1 GDP read was weak and may be echoed in other data. Earnings will be more of the same, with mixed results, leaving the FOMC to drive the action. The FOMC will not likely cut rates this week; it will likely alter the outlook and push out the timing for the first rate cut, a negative catalyst for equities.
Every cycle in the economy brings a different set of opportunities for investors. These are weighted as a balance between risk and potential reward. Depending on market conditions, the scale may tip to one side or the other. Today’s environment may pose a higher-than-desired risk for most investors, so boring names may be the best place. With an overall lack of volatility, the agricultural sector could be one place for investors to start looking to tip the reward scale in their favor at the least risk. Within this industry, three specific stocks could lead to a turnaround in its current bottoming. Stocks like Deere & Co.
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York.The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31.Fulton Bank, which is based in Lancaster, Pennsylvania, agreed to assume substantially all of the failed bank's deposits and buy essentially all of its assets, the agency said.Republic Bank's 32 branches will reopen as branches of Fulton Bank as early as Saturday. Republic First Ba...
The market sell-off has awakened the hibernating bears. If you're feeling bearish and seek to profit from falling stocks but feel short selling is too risky, you can take a lower-risk approach with stock options. Short-selling stocks can result in unlimited losses if the stock runs up against you; options can help to define your risk better and even cap the maximum losses. You may consider taking long put options on stocks you feel will fall, but you bear the risk of losing 100% of your investment if the underlying stock doesn’t fall or fall fast enough. An alternative way to limit your risk is to use a put debit spread strategy.
MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $250 off your 2023-2024 subscription. Free for 30 days.
Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM, but when it was almost his turn, the cash ran out. He angrily hopped on his electric tricycle and traveled several kilometers to another branch where he finally managed to withdraw some money after wasting the entire morning."It shouldn't be so difficult to get the money you earn by working," the 23-year-old Fonseca told The Associated Press in a recent interview.Fonseca is one of an increasing number of frustrated Cubans who have to grapple with yet another hurdle while navig...
Amid global tensions and some severe market pullbacks, investors might seek refuge in defensive sectors, particularly oversold stocks offering high dividends. With uncertainties looming over geopolitical conflicts and dwindling prospects of the Federal Reserve's rate cuts, it might be wise to turn attention toward resilient stocks poised for potential upside, especially if you’re a conservative, long-term, value-orientated investor. Amidst the recent market pullback, monetary uncertainty, and geopolitical tensions, let’s delve into five oversold, high dividend-yielding stocks that analysts are bullish on.
JPMorgan Chase CEO Jamie Dimon says he's hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn't rule out more troubling possibilities, such as stagflation.In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained "cautious" about the U.S. economy and said inflation may be stickier for longer and that "stagflation is on the list of possible things" that could happen to the U.S. economy. "You should be worried about (the possibility of stagflation)," Dimon said. Dimon did emphasize that he's still "hopeful" for the U.S.
The Night Owl is an evening newsletter published by The Early Bird and powered by MarketBeat. The Night Owl covers top stories on the stock market and outlook on interesting stocks. If you give a hoot about the market, read your copy every Tuesday, Thursday, and Sunday evening.
MarketBeat Media, LLC 345 N Reid Place, Suite 620, Sioux Falls, SD 57103. contact@marketbeat.com
No comments:
Post a Comment