Ben Rains dives into where the stock market stands heading into July and the second half of 2024. The episode then explores three hard-hit S&P 500 stocks—Lululemon (LULU), ON Semiconductor (ON), and Ulta Beauty, Inc. (ULTA)—trading at least 30% below their highs that investors might want to buy on the dip to start the third quarter.
(0:20) - Stock Market Update: Everything You Need To Know Heading Into July
(4:00) - LULU: Is This Struggling Stock On Sale?
(14:15) - Is Ulta A Good Long-Term Investment?
(20:20) - Can Investors Expect A Bounce Back From ON Semiconductor Soon?
Ben Rains quickly dives into the broader bull case and my investors might still want to prepare for a near-term pullback as things appear overheated. The episode then explores Micron (MU) and Nike (NKE) ahead of earnings to see if investors should consider buying the soaring AI chip stock and the hard-hit sportswear giant down 45% from its highs.
(0:30) - Stock Market Update: Will We See A Pullback Anytime Soon?
(3:00) - Does Micron’s Strong Outlook Earn A Way Into Your Portfolio?
(9:45) - Is Now A Good Time To Invest In Nike As Competition Expands?
Podcast@Zacks.com
Ben Rains explores the factors driving the stock market to fresh highs in June following the May CPI release and the Fed’s latest meeting. The episode then dives into two AI-focused stocks not named Nvidia or Super Micro Computer to consider buying on the dip in June and holding for years.
(0:40) - Stock Market Update: Why The Bulls Are In Control In June
(4:20) - Should You Buy Vertiv On The Dip As An AI Investment?
(10:30) - How Big Of An Impact Will Constellation Energy And Nuclear Have On AI?
Podcast@Zacks.com