In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, C.H. Robinson Worldwide, Inc. (Symbol: CHRW) has taken over the #80 spot from Netflix Inc (Symbol: NFLX), according to ETF Channel. Below is a chart of C.H. Robinson Worldwide, Inc. versus Netflix Inc plotting their respective rank … Read more
Why The Fed’s Balancing Act Is Tilting in Wall Street’s Favor
Russ Cohen
Listen to the audio version of this article (generated by AI). Editor’s Note: My Investorplace colleague Louis Navellier has been watching two very important trends collide: cooling inflation and a weakening labor market. And that could put the Federal Reserve in a very interesting position. Louis is joining us today to breake down the latest … Read more
Can Ford's Sub-$30K Fathom Succeed Where the F-150 Lightning Failed?
Russ Cohen
U.S. legacy automaker Ford F is planning to bring an affordable electric truck to the market by next year. The e-pickup is named “Fathom”, with a starting price of $28,350 that extends to $29,945 with destination and delivery charges. Built under Ford’s Universal Electric Vehicle (UEV) platform, the Fathom hits the sub-$30,000 mark the company … Read more
S&P 500 Eases Off Its Record as the Consumer Finally Blinks
Key Points Retail sales fell 0.6% in July and consumer sentiment dropped to 51.0 in August, well below the 54.5 economists expected. The Nasdaq Composite slid 0.44%, the Dow lost 0.21%, and the S&P 500 fell 0.19% at midday. Both the S&P 500 and the Nasdaq are still on track for a third straight weekly … Read more
Which AI Stocks Actually Belong in Your Portfolio?
Listen to the audio version of this article (generated by AI). Editor’s Note: The AI boom has already produced some extraordinary winners. But as AI creates opportunities across more corners of the market, investors now face a tougher question: Which ones deserve a place in your portfolio? My colleague Luke Lango believes simply owning more … Read more
Lumentum’s 680% Run Created a New Portfolio Problem
Listen to the audio version of this article (generated by AI). Lumentum (LITE) just gave investors exactly what they want from a long-term winner: another reason to keep holding. The optical-networking company just reported roughly $1.01 billion in quarterly revenue, more than double what it generated a year ago. Adjusted earnings jumped to $3.23 per … Read more