Why Palantir Technologies (PLTR) Stock Is Trading Lower Today
What Happened? Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 4.2% in the afternoon session after the April PPI report sent Treasury yields to 10-month highs, with the 10-year yield rising to 4.49%. This ‘sticky and accelerating’ inflation data effectively eliminated 2026 rate-cut hopes, raising the discount rate applied to long-duration growth earnings. BNN Bloomberg noted technology-related inflation was emerging as a structural concern, » Read more about: Why Palantir Technologies (PLTR) Stock Is Trading Lower Today »
Read MoreHoneywell fit the Dow’s tech-focused mold
The Dow Jones Industrial Average (^DJI 1.07%) made headlines on May 14 after closing above 50,000. But the Dow would be even higher if Honeywell International (HON 1.48%) hadn’t replaced Raytheon Technologies — now RTX (RTX 2.56%) — on Aug. 31, 2020. The change was part of a broader shake-up that swapped Salesforce for ExxonMobil and Amgen for Pfizer.Between Aug.
» Read more about: Honeywell fit the Dow’s tech-focused mold »
Read MoreHome Depot’s Next Earnings Report on May 19 Could Send the Stock Soaring. Here’s Why.
Key PointsA buyer’s market for homes in the U.S. will eventually turn the tide in Home Depot’s favor.A weak housing market could not deter five consecutive quarters of positive comparable store sales in the U.S.Driving its strategy has been the evolution of its professional contractor business model.For the last five years or so, The Home Depot (NYSE: HD) has fallen out of favor with the stock market.
Read MoreHome Depot's Next Earnings Report on May 19 Could Send the Stock Soaring. Here's Why.
Key Points
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A buyer’s market for homes in the U.S. will eventually turn the tide in Home Depot’s favor.
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A weak housing market could not deter five consecutive quarters of positive comparable store sales in the U.S.
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Driving its strategy has been the evolution of its professional contractor business model.
Best Growth Stocks to Buy for May 20th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 20:
Valero Energy Corporation VLO: This energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 111.2% over the last 60 days.
» Read more about: Best Growth Stocks to Buy for May 20th »
Read MoreThe Burst
Will NVIDIA Be The First To Hit $10 Trillion?
The plaudits NVIDIA receives seem to have no bounds but they also seem deserved when you look under the surface.
This is a company with a perfect Piotroski score of 9, suggesting rock solid fundamentals. It’s not a surprise, as a result, to discover that a full 30 analysts increased their earnings estimates for the company for the upcoming quarter.
» Read more about: Will NVIDIA Be The First To Hit $10 Trillion? »
Read MoreThe Ivy
1 High-Yield Casino REIT That Keeps Raising Dividends
VICI Properties (NYSE:VICI) is a REIT that specializes in hotel and casino properties. Spun off from Caesar Entertainment in 2017, the company owns several of the most prominent properties in the United States.
Assets owned by VICI include Caesar’s Palace and The Venetian Resort in Las Vegas, Chelsea Piers in New York and the Hard Rock Casino in Cincinnati.
» Read more about: 1 High-Yield Casino REIT That Keeps Raising Dividends »
Read MoreThe Spotlight
Spotlight: Is Tesla a Massive Buy After Ford Revealed The Dirty Secret?
“Tesla is just a car company. It trades at a premium to other car manufacturers. The valuation is crazy” – that was the refrain from Tesla bears for years. And without doing a deep dive into Tesla, it seemed reasonable. After all, a car is a car. Analyze the number of units sold…