Buy

Dow Jones Futures Rise, Tesla Climbs As Santa Claus Rally Begins; These 5 Stocks Flash Buy Signals

Dow Jones futures rose slightly Monday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally revived last week, with the S&P 500 nearly at a new high while a diverse list of leaders flashed buy signals, including AMD stock and Google parent Alphabet (GOOGL).




X



While it might not be everything investors wanted from Santa heading into Christmas holiday, it’s a lot better than the lump of coal they were expecting after Monday, Dec. 19. The traditional Santa Claus rally period starts on Monday.

Tesla (TSLA) was a big winner last week, rebounding powerfully from the top of a prior base to clear its 50-day line. But Tesla stock isn’t in buy range yet. Meanwhile Tradeweb Markets (TW), ArcBest (ARCB), Advanced Micro Devices (AMD), West Pharmaceutical Services (WST) and Google stock all are actionable now.

Tesla, Google, AMD and TW stock are on IBD Leaderboard. Google stock is on SwingTrader. Google and WST stock are on IBD Long-Term Leaders. Google, West Pharma, Tradeweb and AMD stock are on the IBD 50. Tradeweb also is IBD Stock Of The Day.

The video embedded in this article covers the market rebound and analyzed Tradeweb, AMD and ARCB stock.

Dow Jones Futures Today

Dow Jones futures were 0.2% above fair value. S&P 500 futures climbed 0.3% and Nasdaq 100 futures rose 0.4%.

U.S. crude oil futures sank more than 1%, after airlines canceled thousands of flights over Christmas weekend due to Covid cases in flight crews. Natural gas prices rose.

Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.


Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live


Coronavirus News

Coronavirus cases worldwide reached 280.41 million. Covid-19 deaths topped 5.41 million.

Coronavirus cases in the U.S. have hit 53.22 million, with deaths above 837,000.

On Dec. 23, new Covid cases hit a record high worldwide and an 11-month high in the U.S., as the super-infectious omicron variant turbocharges an already-rising case count in much of the world. However, omicron cases appear to be much milder on average than with prior Covid variants. Deaths are not picking up so far. Hospitalizations are increasing, driven by the unvaccinated, pushing some hospitals to capacity in various parts of the country.

Stock Market Rally

The stock market rally started off the past week poorly but then came on strong, with three solid gains and closing near session highs. Technically, it’s a little early for a Santa Claus rally, but investors didn’t mind opening up gifts a bit early.

The Dow Jones Industrial Average rose 1.65% in last week’s stock market trading. The S&P 500 index climbed 2.3%. The Nasdaq composite and small-cap Russell 2000, which looked the worst on Monday, both rallied for 3.2% weekly gains.

The 10-year Treasury yield jumped 9 basis points last

Read More...

2 “Strong Buy” Dividend Stocks With at Least 7% Dividend Yield

Welcome to the last month of 2021. If you’re confused on how to read current market conditions, you are probably not alone. The past 3 sessions have been marked by volatility with wild swings from one extreme to the other. The market appears to be lacking direction in the face of the Omicron variant’s rise and the Fed’s admission elevated inflation levels might not be transitory after all.

It’s a moment made for defensive stocks, for the short-term hedges that protect an investment portfolio from market declines and high volatility. In short, it’s a moment that should have investors moving toward dividend stocks. These are the classic defensive play, with generally lower volatility than most other equities and a reliable income stream to balance out drops in the share price.

Bearing this in mind, we used the TipRanks’ database to zero-in on two stocks that are showing high dividend yields – at least 7%. Each stock also holds a Strong Buy consensus rating; let’s see what makes them so attractive to Wall Street’s analysts.

Altria Group, Inc. (MO)

We’ll start with a classic ‘sin stock,’ Altria Group, the well-known maker of cigarettes, including the iconic Marlboro brand. A series of headwinds have buffeted the tobacco company in the past year, ranging from the trade disruptions secondary to the COVID pandemic to the underperformance of the company’s large investment in the brewing company AB-Inbev to lawsuits and losses resulting from its purchase of the JUUL smokeless electronic cigarettes and a patent dispute with British American Tobacco.

We all know complications that COVID has wrought, but Altria’s other issues may require some explanation. Altria has for years held a 10% stake in AB-Inbev, and until 2018 profited handsomely from the brewer’s high dividend. Inbev has since then cut back the dividend, and now pays out ~20% of its 2018 levels; the cuts came secondary to the company’s deeply leveraged purchase of SABMiller in 2016.

After the SABMiller acquisition, Altria’s stake in BUD was subject to lock-up restrictions which expired in October of this year. There was speculation that the tobacco company would divest itself of the underperforming brewer – but at the end of October, Altria announced that it would keep the BUD stake. The company reiterated its confidence in AB-Inbev’s ability to meet its challenges based on a sound long-term strategy and premium global brands.

The e-cig issue may be more important for Altria at the moment, and may explain the company’s keeping the beer investment. Altria was long considered poised to dominate e-cigs, having the smokeless heated tobacco IQOS system and a 35% stake in JUUL. But over the course of this year, JUUL is getting hit with anti-trust lawsuits, putting Altria in the way of a potential $13 billion hit – and worse, the US International Trade Commission ruled that IQOS violated British American Tobacco’s patents, and must be removed from the shelves. While these developments could shut Altria out of the e-cig market, for

Read More...

Best Stocks To Buy Today? 4 E-Commerce Stocks To Know

Top E-commerce Stocks To Buy Right Now 

As the stock market continues to drift sideways this week, investors remain cautious about the lack of direction. That said, e-commerce stocks could be picking up pace today. Some parts of the world celebrate November 11 as the biggest shopping day in the calendar year. This was originally started in China by Alibaba Group (NYSE: BABA) back in 2009 and now many countries are adopting it as well. With the pandemic highlighting the convenience of e-commerce, consumers are spending more than ever before through online shopping. So, does it surprise you that companies such as Amazon.com (NASDAQ: AMZN) and Alibaba are some of the largest companies in the world by market capitalization?  

Well, it could just be the tip of an iceberg for this multi-billion industry. We have seen industry leaders such as Alibaba expanding internationally with great intent over the past few years. Now, even the likes of JD.Com (NASDAQ: JD) which predominantly has its presence in China are showing intent in overseas investments. Over the coming years, the company will “increase investment in countries that conform to JD’s strategies, no matter if it is on warehousing, logistics, or supply chain,” said Xin Lijun, the newly appointed chief executive of JD’s retail business, according to a CNBC translation. Given these considerations, could the e-commerce space continue to grow? If so, let us take a look at some of the top e-commerce stocks in the stock market right now. 

Best 4 E-Commerce Stocks To Buy [Or Sell] Today

Carvana

To kick start the list, we have the e-commerce platform for buying used cars, Carvana. Through its platform, consumers can research and identify a vehicle by leveraging imaging technologies to have a 360-degree view of the vehicle. Whether it is to obtain financing, purchase a vehicle, or schedule delivery, all these can be done through a desktop or mobile device.  

Last Friday, the company announced its third-quarter financial results. It was able to deliver over 110,000 cars to its customers for the quarter, representing a growth of 74% year-over-year. This lays the foundation necessary to achieve the company’s target of selling over 2 million cars per year. To say the least, this is yet another successful quarter for Carvana as it remains on track to meet its target. 

On top of that, Carvana also announced a partnership with Hertz in late October. This introduces a new way for customers to save time and money through online car buying and shopping. Hertz will utilize Carvana’s online transaction technology and logistics network to expand vehicle disposition channels. Safe to assume, the collaboration will benefit both companies in the long run. Given these positive developments, would you consider buying CVNA stock today? 

Source: TD Ameritrade TOS

[Read More] 5 Metaverse Stocks To Watch In November 2021

Shopify 

Another top e-commerce company to notice now would be Shopify. Essentially, the company provides a cloud-based, multi-channel commerce platform for

Read More...