Ben Rains digs into a few reasons behind the recent market dip to close out May. We then explore three oversold S&P 500 stocks—McDonald’s (MCD), Dollar Tree, Inc. (DLTR), and Lamb Weston (LW)—that are down at least 15% in 2024 that investors might want to buy right now.
(0:15) - Stock Market Update: Everything You Need To Know Right Now
(3:45) - Is Dollar Tree Currently On Sale For Your Portfolio?
(10:10) - Will McDonald's Bounce Back As They Focus On Affordability?
(16:55) - Should You Be Buying Lamb Weston For Potential Upside In The Long-Term?
(0:30) - Stock Market Update: Everything You Need To Know Heading Into Memorial Day
(3:00) - Time To Buy Lululemon At A Deep Discount?
(11:20) - Is Global Payments On Sale For A Strong Investment For Your Portfolio?
Podcast@Zacks.com
Ben Rains dives into where the stock market stands heading into Memorial Day after Nvidia’s latest blowout earnings. The S&P 500 hit new highs to start the summer and plenty of stocks are growing overheated in the near-term. It might, therefore, be time for investors to look for deals. The two stocks we explore today—Lululemon (LULU) and Global Payments (GPN)—are trading at prices and valuations that could look like steals years or even months from now.
Ben Rains explores a few key stock market levels as Wall Street digests Jay Powell’s speech and what the Fed might do next. The episode then dives into three strong stocks—Arista Networks (ANET), Uber Technologies (UBER), and Shopify (SHOP)—that investors might want to buy before their upcoming earnings releases and hold for the long haul.
(0:30) - Stock Market Breakdown: The Bulls Push Stocks Higher After Powell
(2:40) - Breaking Down Arista Networks Ahead of Earnings
(8:30) - Can Uber Continue Its Rally After Its Upcoming Earnings Report?
(15:15) - Does Shopify Fit Into Your Portfolio Down over 50% From Highs?