Ben Rains digs into some key stock market levels and data as the market closes out September and the third quarter on a downbeat note. Despite the wave of selling in a historically weak month for stocks, the overall bullish backdrop for stocks remains, and some indicators appear to be flashing buy signals to investors who can handle more volatility and the possibility of more near-term selling.
The three highly-ranked Zacks stocks we explore today are Textron (TXT), NXP Semiconductors (NXPI), and Construction Partners (ROAD).
(0:30) - Stock Market Update: Everything You Need Heading into October and Q4
(5:10) - Should Buy Textron As It Approaches Its 52 Week Highs?
(8:55) - Is NXPI Stock The Next Big Semiconductor Investment?
(12:00) - Does Construction Partners, Inc. Fit Into Your Portfolio For Long-Term Growth?
Ben Rains explores where the stock market stands after Wall Street ramped up the selling on the back of ‘higher for longer’ fears during what is a historically rough month for stocks. Even though the market is dealing with a pullback that has both the Nasdaq and the S&P 500 below their 50-day moving averages, the overall backdrop appears to remain rather bullish for the fourth quarter and beyond. Therefore, investors with long-term horizons might want to consider buying proven large-cap stocks at potentially attractive levels.
(0:30) - Stock Market Update: Everything You Need To Know Heading Into Q4
(4:00) - McDonald's Continues To Grow Rapidly
(7:40) - Is Halliburton A Strong Oil and Energy Investment?
(12:50) - Is Amazon Stock A Value For Long-Term Investors?
Ben Rains digs into the market after the August CPI release and ahead of the Fed’s big September meeting next week. The Nasdaq and the S&P 500 climbed on Thursday to inch back above their 50-day moving averages, while market volatility slipped back near its June lows.
With this backdrop, investors might decide it is time to take a chance on some home run-style stocks from the renewable energy and electric vehicle industries. The three stocks we break down today are Rivian Automotive (RIVN), Altus Power (AMPS), and Livent (LTHM), looking into why each stock trading for under $25 a share has the potential for substantial upside.
(0:20) - Stock Market Update Ahead of The Fed Meeting: Everything You Need To Know Right Now
(3:45) - Is Rivian A Strong Alternative EV Investment To Tesla?
(12:00) - Is This A Good Entry Point To Add Altus Power To Your Portfolio?
(15:45) - Does Livent Stand To Benefit From The Growing Electric Vehicle Industry?
Ben Rains explores the stock market as the bulls and bears fight for control of the market in the early weeks of September. Despite the possibility of more near-term uncertainty, volatility, and selling, the overall upbeat backdrop that drove much of the 2023 rally remains in place.
Therefore, investors with long-term horizons might want to consider buying proven S&P 500 stocks that are trading at levels that could look like steals years or even months from now. The three stocks we explore today are Starbucks (SBUX), Paycom Software (PAYC), and Public Storage (PSA).
(0:30) - Stock Market Update: Everything You Need To Know Right Now
(4:50) - Starbucks Continues To Grow: Time To Find Great Value in the Coffee Giant?
(11:30) - Is Paycom Stock On Sale Right Now?
(15:20) - Is It Time For You To Buy Public Storage Stock at a Deep Discount?
Ben Rains dives into where the stock market stands as we start September. The bullish backdrop seems to remain in place at the moment as Wall Street bets on a soft landing and a huge return to earnings growth next year. Therefore, some investors might want to consider looking for proven large-cap stocks that haven’t bounced back yet. The two stocks we explore today—Nike (NKE) and NextEra Energy (NEE)—are trading at least 30% below their records even though they remain titans of their respective industries.
(0:15) - Stock Market Update: Everything You Need To Know Right Now
(3:00) - Nike Continues To Fight Off The Competition: Does It Fit Into Your Portfolio Right Now?
(9:50) - NextEra Energy: Is This Utility and Alternative Energy Stock A Long-Term Buy?