|Day Low/High||49.10 / 49.87|
|52 Wk Low/High||40.03 / 57.54|
Disinfectant makers, home repair retailers and even camping equipment names might be your best bet until a vaccine comes.
There are a handful of technical question marks surrounding the packaged foods company right now.
We're cheering what may be an aberration, a bullish employment number. We'll take what it brings - a wholesale shift in what we're buying and what we're selling to fund it.
I wouldn't mind owning the shares, and they do yield 2.7%.
The market continues to rise despite numerous negative catalysts, while Zoom beat all earnings expectations and guided higher.
Let's check out the charts and see if the hoarding phase is over.
A look at those stocks likely to lead in the short- and long-term, the headlines out of China and Hong Kong, and the import of fiscal stimulus.
Knocking the cover off of the ball? No, you can't really say that. Excellent corporate execution? Yeah, I think that's probably an accurate way to put it.
I recently endorsed the packaged foods goods sector and have purchased more Kraft Heinz , TreeHouse Foods and J. M. Smucker . (All three are on my Best Ideas List.) The stocks did quite well yesterday. Credit Suisse chimed in bullishly this morning ...
They buy and buy and buy. The same stocks. Over and over. No end to it.
The shares are easier to buy than is the food in New York at this time.
Kroger could produce strong earnings as it stands by its guidance, but uncertainty lingers, so here's how I'd play the name.
It's still not a stock picker's market, but have a list of names ready to perform amid the coronavirus crisis.
I have no false illusion about striking it rich in this name, but a staple such as this can have a place in my portfolio.
If this group begins to outperform, then I'd use it as an indication of caution.
Here again is my approach and my three stock groups: 'rebound', 'revenue' and 'virus'.
I would posit that when we see the excitement around General Mills and Campbell Soup wane, we'll find more stability in the market.
Imagine not taking action to make commerce as liquid as possible ahead of a pending national crisis, because one was afraid to be perceived as panicked? The Fed was far from cowardly on Tuesday.
The overall tone of the charts and indicators are constructive.
Buckle up for what is likely to be another eventful five days.
Plus, checking in on the yield curve, the Put/Call Ratio, political gamesmanship here and abroad, and a handful of tech names.