Key points
- The bull market continues as investors continue to climb the wall of worries.
- Markets remained closed on Friday, so investors will still have to digest Friday’s reading on the PCE Index.
- Here are some of our most popular stories this week.
- 5 titles we prefer to NVIDIA
Markets continue to move higher as investors remain resilient despite the unclear macroeconomic outlook. However, the wall of worries is growing as investors see an overall rally. This means stocks are up, but so are the prices of oil, gold and cryptocurrencies, especially Bitcoin.
What goes up often comes down – and sometimes abruptly. Many analysts believe a significant correction may be on the way. But is this the sign of a new trend or simply a pause towards new highs?
The bottom line is to eliminate the emotion and invest in the market that exists, not the market you think should be there. The MarketBeat team’s goal is to help you keep your attention on the stocks and sectors that could move the market higher – and why. As you enjoy your weekend, take some time to familiarize yourself with some of this week’s most popular stories.
Articles by Jea Yu
Many investors are becoming familiar with options trading and becoming experts. It’s not for everyone, but if it’s for you, Jea Yu explains what flipping options means, why you might want to consider flipping your positions, and three ways to execute the strategy.
As more and more companies are looking Nvidia Corporation NASDAQ:NVDA to develop their own AI applications, they are also considering increasing their memory and data storage needs. This is bullish for Micron Technology Inc. NASDAQ:MU, which is moving higher on expectations of higher demand in the memory chip market.
The Apple company. NASDAQ:AAPL is lagging among tech stocks in a stream of bad news. However, the stock is starting to hint at how it plans to enter the AI space. This appears to put a cap on the stock, and Yu explains why AI could be a catalyst to push the stock higher.
Articles by Thomas Hughes
This week, Thomas Hughes put the question on many investors’ minds. That is, as low as it can go Tesla, Inc. NASDAQ:TSLA are the shares going? As Hughes notes, Tesla tops MarketBeat’s list of most downgraded stocks. But beyond analyst sentiment, Hughes explains why technical indicators also suggest TSLA stock could fall another 25%.
Hughes also looked at another MarketBeat tool to highlight five high-yield dividend stocks on MarketBeat’s list of top-rated dividend stocks. Hughes analyzes the fundamental and technical indicators that explain why these stocks can offer double-digit upside for investors.
One MarketBeat feature that’s generating considerable interest is our list of stocks that members of Congress are buying. This week, Hughes provided an update on the 3 most popular stocks purchased by members of Congress in the first quarter.
Articles by Sam Quirke
In investing, as in life, sometimes perspectives change when you have a minute to think about something. As Sam Quirke writes, that may be the case Foot Locker Inc. NYSE:FL. Quirke explains that FL shares are starting to move higher after being battered following a disappointing earnings report earlier this month. At least one analyst has released an update, and it could be just the beginning.
Another company that is getting updates from analysts is The Walt Disney Company NYSE: DIS. As Quirke writes, this continues the bullish momentum that has been building in DIS stock since it reported strong earnings in February.
Articles by Ryan Hasson
This week, Palantir Technologies Inc. NYSE:PLTR received a downgrade which caused the stock to plummet. But if you had read Ryan Hasson’s article on the company, you wouldn’t have been surprised. Hasson describes the contrast between bearish analyst sentiment and the bullish momentum supported by technical indicators. It’s one to watch, for sure.
Hasson also wrote about the sweet deal between Krispy Kreme Inc. NASDAQ:DNUT AND McDonald’s Corp. NYSE: MCD. In a move that will take place over the next three years, Krispy Kreme signature donuts will be available in every McDonald’s location in the United States. DNUT shares jumped 40% on the news, but investors may want to wait and see if this changes analyst sentiment or just a sugar high.
In another article, Hasson reminded investors that while overall market sentiment is bullish, some stocks are simply overbought. And Hasson gave you four famous names ready for a training camp.
Articles by Gabriel Osorio-Mazilli
One way investors can find stocks to buy is to look for discrepancies. For example, if earnings growth drives stock prices, when you find stocks that are being beaten down despite expected strong earnings growth, they will make it onto your watch list. To help you with this, Gabriel Osorio-Mazilli wrote about three cheap stocks trading at a discount to their expected earnings.
Another piece of advice Osorio-Mazilli offers investors is why stocks with high short interest can sometimes lead to huge gains. This is the case of two stocks that bears are stocking up on, but which could quickly reverse course, leaving investors scrambling to cover their positions.
And even if options trading isn’t your thing, Osorio-Mazilli tells investors why paying attention to the level of (bullish) call options or (bearish) put options on stocks can give you an idea of stocks ready for a spin . move. Read his article on three stocks with above-average call options activity.
Before you consider NVIDIA, you’ll want to hear this.
MarketBeat tracks Wall Street’s highest-rated and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market takes hold… and NVIDIA wasn’t on the list.
While NVIDIA currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View the five stocks here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
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