Dycom Industries, Inc. (DY) Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers program management and engineering services; plans and designs aerial, underground, and buried fiber optic, copper, and coaxial cable systems. Centene Corporation (CNC) Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured […]
Read MoreBuy Price: $58.90 or better Sell Price: TradersPro Sell Signal Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The stocks founds in the One Hot Stock category use stocks that are in long term, short term […]
Read More(Bloomberg) — Cathie Wood on Tuesday said she erred in her prediction inflation would unravel as the prices of goods and services in the US soared to 40-year highs. “We were wrong on one thing, and that was inflation being as sustained as it has been,” Wood, founder and chief executive officer of Ark Investment […]
Read More(Bloomberg) — Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probing the misconduct, according to the Securities and Exchange Commission. The SEC announced on Tuesday that EY would pay a $100 million fine — […]
Read MoreThrough the end of April, the Materials sector defied an uncertain market and economic picture in 2022. What a difference a couple of months makes! As measured by the S&P 500 Materials Sector SPDR (XLB), the sector finally surrendered to the broadly bearish conditions of the rest of the market to drop from a peak […]
Read More(Bloomberg) — China will ban more than one million mainland investors from trading onshore shares via the stock connect programs with Hong Kong, as authorities act on a new regulation to crack down on “fake foreign capital.” Under the rules taking effect on July 25, domestic investors with Hong Kong accounts can no longer purchase […]
Read MoreCostco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. COST $481.1700 -3.2000 % -0.6600 Costco Wholesale Sector : […]
Read MorePoshmark, Inc. (POSH) Poshmark, Inc. operates as a social marketplace for new and secondhand style products in the United States, Canada, India, and Australia. The company offers apparel, footwear, home, beauty, and pet products, as well as accessories. Pinduoduo Inc. (PDD) Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People’s Republic of […]
Read MoreBrown & Brown, Inc. (BRO) Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. Merck & Co., Inc. (MRK) Merck & Co., Inc. operates as a healthcare […]
Read MoreBuy Price: $166.75 or better Sell Price: TradersPro Sell Signal Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. The stocks founds in the One Hot Stock category use stocks that […]
Read More(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Zimbabwe’s central bank raised interest rates to a record and the government officially reintroduced the US dollar as legal currency to rein in surging inflation and stabilize the nation’s tumbling exchange rate. The monetary policy committee more […]
Read More(Bloomberg) — One of Wall Street’s most prominent bears sees the current rally in US stocks extending — prior to the selloff recommencing. Morgan Stanley strategists led by Michael Wilson say the S&P 500 Index may climb another 5% to 7%, before resuming losses. “We think US equity markets can rally further,” they wrote in […]
Read More(Bloomberg) — Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market looms, even if inflation cools. The good news: After the historic plunge, stocks and bonds aren’t far from bottoming out. That’s the key message for Wall Street […]
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