Stocks to buy

After years of hiking and maintaining high interest rates, the Federal Reserve is likely to enact its first rate cut of this cycle tomorrow. And our work suggests that could mean the start of a major stock market rally that lasts into 2025.  Now, it’s important to understand that stocks do tend to rally after

For months now, we’ve suspected that interest rate cuts would arrive by the end of summer. And with the central bank poised to cut just days from now – this coming Wednesday, Sept. 18 – it seems that forecast is proving correct. But it’s not just rate cuts we’re anticipating here. We expect that the

Tom Yeung here with your Sunday Digest.  Last week, I wrote about “Gravity Pleasure Road,” the world’s first modern roller coaster with a built-in lift hill that could pull cars back up a slope. Stocks had been on a roller-coaster ride, and a rare economic event suggested that a similar “lift” was on the horizon. 

The U.S. Federal Reserve holds its next meeting in less than a week. And considering the state of our nation’s economy, we’re extremely confident that means interest rate cuts are coming in just a few days. Coincidentally, that also means a major rally on Wall Street is likely about to unfold.  Of course, depending on

Following this morning’s soft August Consumer Price Index (CPI) report, a golden “buying window” has opened in stocks. But it may not stay open for long, so if you want to capitalize, time is of the essence.  Despite the markets being up about 15% year-to-date, stocks have been stuck in neutral for the past two

Tonight, Americans across the country will be glued to their screens, watching Vice President Kamala Harris and former President Donald Trump duke it out in their first debate.  That’s to be expected. This is a divisive and important presidential election. Current polls and betting markets show the outcome is basically a coin flip at the

Earlier this afternoon, Apple (AAPL) unveiled its latest iPhone model to the world. Though, for its part, the world was largely unimpressed. And Apple stock dropped more than 1% after the iPhone 16’s debut.  But while Wall Street wasn’t roused by these latest developments, we were. In fact, we think today’s announcement sets the stage

Tom Yeung here with your Sunday Digest.  In 1885, the first modern roller coaster opened to the public. “Gravity Pleasure Road” was an instant success, generating $600 a day in revenues – roughly $20,000 in today’s money. The Coney Island ride featured a lift hill that would pull a bench-like car up a slope, and

Ever since the AI stock bull market began in early 2023, it has been dominated by the Magnificent 7 tech stocks of Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOGL), Meta (META), Amazon (AMZN), and Tesla (TSLA). Those seven stocks rose nearly 150% from early 2023 to summer 2024. The rest of the market –

Happy Saturday! I hope you’ve had a great week. Though, unfortunately, stocks certainly did not.  The market ended a rough week on a sour note after receiving August’s weak jobs report. Broadly speaking, the data missed expectations and reinforced worries about a weakening labor market and potential incoming recession. And that’s led the S&P 500

Following the arrival of a less-than-stellar jobs report, the stock market is now wrapping up a bad week on a sour note. Broadly speaking, August’s jobs data missed expectations and showed a big slowdown in hiring last month. That disappointing print only stoked investors’ fears about a potential recession on the horizon.  But that same

The stock market has found itself in a bout of volatility recently – but that all could change in about two weeks when the Federal Reserve cuts interest rates for the first time in this cycle. While the S&P 500 is up more than 15% so far in 2024, pretty much all those gains came

September is historically a terrible, horrible, no good, very bad month for stocks – and Tuesday certainly lived up to the reputation. Over the past roughly 100 years, stocks have averaged a 1.2% drop in September, making it the worst month for stocks by a wide margin. The past five years have been especially bad

Nearly two years ago, OpenAI debuted ChatGPT, its next-gen AI-driven chatbot. And with that launch, the firm kickstarted an AI frenzy that has since reshaped the global economy, the stock market, even parts of our daily lives.  Now it appears that OpenAI is gearing up to do it all over again with a brand-new iteration. 

With the release of this morning’s inflation report, the last piece of the current economic puzzle has now fallen into place. And it’s got the stock market buzzing with enthusiasm – for good reason. Indeed, July’s personal consumption expenditures (PCE) data revealed that the core PCE Price Index — a key measure of inflation that

We’ve been pounding the table on AI stocks for a long time now, and we’re still pounding the table on them today. But they aren’t the only good stocks to buy in the market right now. We’re also huge fans of consumer stocks at the current moment. Today, Nordstrom (JWN), Abercrombie & Fitch (ANF), Foot

Whether inspired by science fiction or true technological progress, people have long feared that human workers will one day be replaced by robots or artificial intelligence (AI).  To some, that future may be generations away. But ever since ChatGPT’s debut in late 2022, AI has progressed at unfathomable speeds. And over the past few quarters,

For years now, Americans have endured one of the most fast-and-furious rate-hiking cycles in modern history. But today – thanks to U.S. Federal Reserve Board Chair Jerome Powell – they can finally breathe a sigh of relief. That’s because this morning, at a highly anticipated conference in Jackson Hole, Wyo., Powell confirmed that the Fed

Tom Yeung here with this week’s Sunday Digest… where each week I bring you the best stories and investment ideas from the analysts across InvestorPlace.  Over the past several weeks, you’ve heard me talk a lot about artificial general intelligence (AGI). That’s the moment when AI becomes smarter than humans in a broad variety of

This morning, the Bureau of Labor Statistics (BLS) released an economic report to very little fanfare. Yet, in our view, that new data may just prime stocks to soar to all-time highs by the end of the month.  Of course, we’re talking about the BLS’ Current Employment Statistics Preliminary Benchmark Announcement report. In it, the