Kamis, 17 Desember 2020

πŸ¦‰ Consider Lennar Corporation Now, While It’s Still Cheap

Consider Lennar Corporation Now, While It's Still Cheap. Close but not yet: Deal near on COVID-19 economic aid bill. 3 Earnings Reports That Confirmed Investors Should Buy.
The Night Owl, From Early Bird Publshing.

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Your Evening Recap for Thursday, December 17th

The equities market crept up to set another new all-time high on Wednesday following reported progress on economic stimulus. The latest reports say the two sides are closing in on a deal that now includes stimulus checks for most Americans. The caveat is that this deal, while a shot in the arm for economic activity, is far less than the proposal for nearly $2 trillion in aid that helped drive the market to these new heights.

Wednesday's trading was helped by the FOMC. The FOMC held the last policy meeting of the year and held interest rates unchanged. In addition, Fed chief Jerome Powell says the Federal Reserve Bank is prepared to keep buying U.S. securities until there is substantial progress in the data. This means U.S. investors can expect the easy-money policy that has been driving the market to stay in place for many quarters to come.

Consider Lennar Corporation Now, While It's Still Cheap


News Story

Home Sales Drive Results At Lennar Corporation If anyone is surprised by the strength shown in Lennar Corporation’s (NYSE:LEN) FQ4/calendar Q3 report they are not paying attention to the housing market. Tight supply reigns supreme in a market that is experiencing rising, record-high demand. Simply looking at the New Home Sales data, the sale of New Homes is up more than 40% on a YOY basis, and all signs point to stronger demand next year as well. What’s driving all this demand, you may ask? It’s a convergence of trends that has home creation on the rise and city-folk fleeing...

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Close but not yet: Deal near on COVID-19 economic aid bill


Mitch McConnell

Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300-per-week jobless checks and $600 stimulus payments to most Americans. But there was no deal quite yet. The long-delayed measure was coming together as Capitol Hill combatants finally fashioned difficult compromises, often at the expense of more ambitious Democratic wishes for the legislation, to complete the second major relief package of the coronavirus pandemic. A hoped-for announcement Wednesday failed to materialize as lawmakers across the spectrum hammered out details of the sprawling legislation and top negotiators continued to trade offers.

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3 Earnings Reports That Confirmed Investors Should Buy


News Story

Sometimes a company's quarterly report gives confirmation one way or the other about the health and prospects of the business. For this reason, investors often wait until after hearing about the recent results and outlook to make a buy or sell decision. In the past week, there have been several company reports that have solidified their bullish investment cases. Whether it be about surging sales or investments made for future growth, these three corporate check-ins told us that it’s a good time to buy. What is Driving Growth at Broadcom? Broadcom (NASDAQ:AVGO) continues to assert itself as a leader in the semiconductor space.

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Tiny biotech's breakthrough proves it's possible to remove cancer cells from sick patients. Bill Gates says new discovery is so powerful it could "help humanity." This under-the-radar company is not yet a household name.

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Asia Today: S. Korea marks deadliest day, over 1,000 cases


Asia Today: S. Korea marks deadliest day, over 1,000 cases

South Korea has added more than 1,000 infections to its coronavirus caseload for the second straight day amid growing fears that the virus is spreading out of control in the greater capital area. The Korea Disease Control and Prevention Agency on Thursday said the COVID-19 death toll was now at 634 after 22 patients died in the past 24 hours, the deadliest day since the emergence of the pandemic. Among 12,209 active patients, 242 are in serious or critical condition. Nearly 800 of the 1,014 new cases were reported from the densely populated Seoul metropolitan area, where health officials have raised alarm about a looming shortage in hospital capacities.

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Camping World (NYSE:CWH) And Lordstown Motors (NASDAQ:RIDE) Electrify RV Market


News Story

Camping World (NYSE:CWH) and Lordstown Motors (NASDAQ:RIDE) are both attractive investments in their own right. On the one hand we have a leader in RV sales and supplies while on the other an up-and-comer in the EV industry.

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Another dog company heads to Wall Street: Bark to go public


Another dog company heads to Wall Street: Bark to go public

Bark, which ships pet toys and treats every month, is heading to Wall Street, taking advantage of the pandemic-related boom in online pet spending. Founded in 2012, Bark ships dog treats, chews and squeaky toys, through its service called BarkBox. It also has other brands, including Bark Eats, which creates personalized meal plans for pups. It's a good time to sell kibble online. More people are avoiding stores and shopping for their pets online during the pandemic. Pet supplies are one of the fastest growing categories online, with sales up 64% in the first eight months of this year, according to retail consulting firm 1010data.

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Zynga (NASDAQ: ZNGA) Looks In Great Shape To End The Year


News Story

A 4.4% jump in yesterday’s session was enough to make shares of social game developer Zynga (NASDAQ: ZNGA) among the best performing of US equities. Though still a 10% move away from their multi-year highs hit back in August, shares are looking good value to be above them soon enough. Yesterday morning, JPMorgan was out with a bullish upgrade to the San Francisco-based company’s stock, moving them to Overweight. They also slapped a fresh $12 price target onto the shares which suggest an upside of 25% even from last night’s closing price. In a note to clients, analyst Alexia ...

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4 Skills You Should Have Learned in 2020 to Grow Your Business


4 Skills You Should Have Learned in 2020 to Grow Your Business

The world is changing rapidly. Back in 2001, most small businesses didn't even have websites. In 2011, you still had to call restaurants to make delivery orders. In 2021, many Americans won't even commute to a company office.Due in part to the pandemic, but even more due to the evolving desires of a new generation of workers and the near-constant progress of technological innovation, work just isn't what it used to be. And demand in the workforce has changed with it. Once upon a time, you could get a business degree, get a cushy sales job, and ride that to a six-figure salary for the rest of your life.In today's fast-paced, rapidly adapting business environment, it's important to stay ahead of the curve.

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The Night Owl is an evening newsletter published by The Early Bird and powered by MarketBeat. The Night Owl covers top stories on the stock market and outlook on interesting stocks. If you give a hoot about the market, read your copy every Tuesday, Thursday, and Sunday evening.

The Night Owl, From Early Bird Publshing.

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