stocks to buy today
As Main Street gears up for the holiday shopping season, the retail sector takes center stage on Wall Street.
The bad news for those investing in retail stocks: Morgan Stanley cautions overall retail sales growth is expected to be the weakest since 2008 - meaning the sector's robust 40% year to date could be headed for a slowdown.
Weighed down by concerns over pay and hiring, consumer confidence continues to fall, suggesting consumers will continue to be tight-fisted. After a steep drop in October, the consumer confidence level fell further in November. Slipping to 70.4 from 72.4, it marks the lowest level in seven months, Tuesday's Conference Board data revealed.To continue reading, please click here...
Best Stocks to Buy Now: A Money Morning Weekly Review
Our best stocks to buy list last week stemmed from oil and drug stocks - and some gems from tech, which we learned is not in a bubble...
It was a good week for investing as markets continued hitting record highs. The broad-based S&P 500 Index topped 1,800 for the first time Friday, just one day after the Dow sailed past 16,000, and the Nasdaq ended the week just shy of 4,000 (which it hit Monday this week).
As indexes climb, investors grow increasingly cautious. Predicted outcomes run the gamut from a modest market pullback, to a steep correction, to a bursting bubble.To continue reading, please click here...
Three "Insider" Stocks to Buy Now
Insider buying has been proven to have significant predictive power for stock prices - which is why we like to make a list of possible "insider" stocks to buy.
No one knows more about the condition and prospects of a business than the chief executive officer (CEO) and chief financial officer (CFO). When insiders like them buy stocks in the open market of the companies they control, the stock often outperforms the broader market for the next several years.
According to Nejat Seyhun, a professor and researcher in the field of insider trading at the University of Michigan, when insiders are buying shares in their own companies, the stock tends to outperform the total market by 8.9% over the next 12 months.it's time for investors to go shopping...
Best Stocks to Buy Now: A Money Morning Weekly Wrap-Up
Money Morning's best stocks to buy last week focused on key earnings reports, the Federal Open Market Committee meeting, and the continued climb of market indexes.
Markets closed out October - a month haunted by the specters of the 1929 and 1987 crashes - with the Dow Jones Industrial Average up 3.6% and the S&P 500 higher by 5.4%. Year to date, the indexes are up 19.7% and 24.2% respectively.To continue reading, please click here...
Five Stocks to Buy Now to Play the 2014 Mobile Payment Revolution
More Americans are cutting up their credit cards, and it's for a reason you might not expect.
The rise of mobile applications and Near-Field Communications (NFC) technology continues to carve market share from plastic payment methods.
And now, the trend is going mainstream in one of the most trafficked businesses in America.
Starbucks Corp. (Nasdaq: SBUX) announced this week that it currently receives 11% of its U.S. and Canadian sales through its mobile application. And that figure is expected to rise as the company continues to market its convenient closed-loop payment system.Click here to continue reading...
Best Stocks to Buy Now: A Money Morning Weekly Wrap-Up
Amid closing the third quarter and kicking off the fourth, last week's best stocks to buy revolved around the government shutdown, the looming debt ceiling deadline, and the hotly anticipated Twitter IPO.
September is historically the worst month for equities, but investors were mostly unscathed. The broad-based S&P 500 Index rose 3% in September and 4.7% in Q3. The Dow added 1.5% in the third quarter and is up 15.5% for the year.
As Q4 gets under way, many investors have retreated to avoid giving up gains, pulling $1.3 billion out of equity funds last week. Bond and commodity funds were also walloped with redemptions.
Best Stocks to Buy Now: A Money Morning Weekly Roundup
Last week's best stocks to buy were influenced by several crises building on Capitol Hill - the 2014 fiscal budget and looming government shutdown, the debt ceiling, and mounting anxieties over the Federal Reserve's QE taper timing.
As a result of these factors, many concerned investors turned to cash.
But with money market instruments yielding next to nothing, you will miss out on 100% of market gains if you are just sitting on cash. Money Morning keeps reminding readers that savvy investors make money in all kinds of markets - and we found just the right stocks to buy to make the most of current conditions.
Here's a recap of our picks for the best stocks to buy now, culled from last week's Money Morning daily articles, videos, and insights from our in-house experts:To continue reading click here...
Cheap Stocks to Buy Now That Could Double Your Money
Individual investors have always had a soft spot for cheap stocks to buy, but get scared away because traditional Wall Street dogma would have you believe that these stocks are too speculative and dangerous for most individuals.
But cheap stocks can be among the best stocks to buy because they bring several advantages to a portfolio.Read more...
Best Stocks to Buy: A Roundup from the Money Morning Investment Team
Last week's best stocks to buy list at Money Morning stemmed from key events from the U.S. Federal Reserve - if you missed it, here's what you need to know...
The first Fed-related headlines came Monday morning when markets reacted to Fed chief frontrunner Larry Summers stepping out of the running to fill Ben Bernanke's shoes.
Focus then shifted to the central bank's two-day policy meeting that ended with the surprise announcement the Fed will continue its market-friendly $85 billion a month bond-buying program.To continue reading, please click here...