MarketBeat: Week in Review 1/31 – 2/4
Volatility remained the name of the game for stocks driven once again by the tech sector. However, as early as Friday morning, to paraphrase a popular idiom, Amazon (NASDAQ:AMZN) made this Metaplatforms (NASDAQ: FB) taken. Friday also brought the monthly jobs report. By all accounts, it was a good report. However, the markets are struggling to orient themselves. The yield on the 10-year Treasury note briefly climbed to 1.9%. The high numbers, along with wage increases, are expected to fuel inflation. And that means the Fed will be looking to put that fire out. Next week’s earnings will remain the focus of market concern. And the MarketBeat team will continue to follow events affecting the market and share insights on how you can be a profitable trader or investor.
Articles by Sean Sechler
One strategy for managing the volatility that comes from owning individual stocks is to buy exchange-traded funds (ETFs). These have many of the advantages of mutual funds while allowing investors to fine-tune their diversification in specific sectors (technology, energy, finance, etc.). Sean Sechler offers investors three ETFs that offer exposure to sectors likely to show strong growth in 2022. Sechler also reminded investors that any time the market shows a significant decline, it can be an opportunity to buy stocks. quality stocks at a significant discount. And Sechler provided three stocks he sees as obvious buys during this recent market downturn. Sechler was also looking at stocks that have recently posted strong earnings. The earnings season gives investors a dashboard on how companies and sectors are performing. While there may be outliers, rising earnings generally drive stock price growth. With that in mind, Sechler gave investors three stocks to buy based on earnings beats.
Articles by Jea Yu
There is no amount of pixie dust that can make the stock performance of Walt Disney (NYSE:DIS) shimmered. It’s been a tough 12 months and things only got worse at the start of 2022. However, Jea Yu points out that the company is expanding the reach of its Disney+ streaming service. And, at some point, the company will probably be able to show the strength that comes from the synergy of its components. With earnings looming, cautious investors may want to have DIS stocks on their watch list. A stock that opposes the downtrend in 2022 is General Mills (NYSE:GIS). Yu points out that the company faces the same supply chain and logistics disruptions as other companies. However, GIS stock is a safe defensive play amid inflation. Investors looking for a contrarian game may want to watch Foot Locker (NYSE:FL) Stock. The stock fell despite the company’s strong earnings report in November. With results expected in late February, it may be time for investors to consider a position in FL shares.
Articles by Thomas Hughes
For investors who may be wondering when the reversal of Advanced Micro Devices (NASDAQ: AMD) would come, Thomas Hughes explains that your wait may be over. AMD shares rose nearly 13% after the chipmaker reported a double hit in its Feb. 1 earnings report. The company’s products remain in demand in high-growth industries such as gaming and data centers. Another stock that deviates sharply after earnings is United Parcel Services (NYSE:UPS). The company simply delivered a stellar report including a big dividend increase that leads Hughes to believe UPS shares will be a bull game for the rest of the year. Hughes was also watching Abbott Laboratories (NYSE:ABT) which is on the rise after what appears to be a premature drop in mixed earnings. Investors looking to buy a stock that is trading at a steep discount to the S&P 500 will want to look into ABT stock.
Articles by Sam Quirke
Sam Quirke was watching two of the biggest tech stocks for different reasons. In a week of highs and lows for tech stocks, Apple (NASDAQ:AAPL) was a shining star. Shares of the tech giant posted a strong earnings report that confirmed the stock’s recent rally. Analysts must have believed that Apple might be able to contain inflation for a few more quarters, which should continue to make AAPL stock a buy. So there is Netflix (NASDAQ:NFLX). Shares of the much-maligned FAANG are down 32% since the start of the year. However, not too long ago, NFLX shares were down 39%. Quirke thinks that’s because the stock may have bottomed out and investors are now looking at the stock’s long-term growth. Quirke did not express as much optimism for Southwest Airlines (NYSE:LUV) Stock. However, he explains why investors have a lot to consider with airline stocks that have held up the 2022 selloff better than other stocks.
Articles by Melissa Brock
Will or won’t they and by how much? These are the questions investors are asking about the Federal Reserve and interest rate hikes. At least a few rate hikes seem like a virtual certainty. This would bode well for banking stocks. Melissa Brock weighs the pros and cons of different banks for investors and gives them three bank stocks before interest rates rise. Brock was also looking at peer-to-peer lending stocks. This is a growing market segment that joins the field of financial technology (fintech). Brock provides an overview of how peer-to-peer lending works and offers him three choices of sector stocks to buy in 2022. Another sector Brock was looking at is gaming. This market generated over $177 billion in revenue last year. Brock gives investors an overview of what to look for in gambling stocks and his three picks of gambling stocks to buy.
Amazon.com is part of Entrepreneur Indexwhich tracks some of the biggest publicly traded companies founded and led by entrepreneurs.
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