Stocks finished higher last week, with the three major indexes posting weekly gains of around 2% to 3%, rebounding from declines of roughly 3% the previous week. After a solid start to the year, volatility seems to have returned to the market. Despite moving higher last week, the S&P 500’s year-to-date return has gone from 9.0% earlier in the year to around 4.5% now, about a 5% correction from recent highs.
This week, the US labor market will be in the spotlight with the latest Job Openings and Labor Turnover Survey (JOLTS) report scheduled for Wednesday, along with ADP’s National Employment Report tracking private sector payrolls. February’s nonfarm payrolls report, slated for release on Friday, will likely be the week’s most closely watched economic report. The release follows a report that showed that the US economy generated 517,000 new jobs in January—far more than expected and the most since last July. The unemployment rate slipped to 3.4%, the lowest since 1969.
Concerns about inflation and further interest-rate hikes will likely continue to impact investor sentiment in the coming weeks. The first stock recommendation on our list is a recession-resistant name currently trading at a discount compared to peers, but it may not be much longer.
A company with 400 million ‘patents’
One company has quietly compiled more than 400 million official trade secrets.
Trade secrets are like patents in that they protect valuable and proprietary information…
But unlike patents, trade secrets take less time to register… and more importantly, they never expire.
Which is a huge advantage for this little-known company.
You see, this company is using these trade secrets to build the world’s largest “codebase,” which will bethe key to it becoming “America’s Next Big Monopoly.”
Not surprisingly, Wall Street is starting to take notice. And the smart money is already pouring in.
Tech investor Cathie Wood has invested over $80 million already, and Microsoft founder Bill Gates has invested as well.
Get the details here before this story hits the mainstream media.
No matter what’s going on with the economy, civilizations need access to sustenance. Bunge Limited is an agribusiness and food company headquartered in Missouri, USA. In its Q4 earnings report (published in February 2022), the company announced revenue growth of over 32%.
Bargain hunters will appreciate the value proposition that Bunge brings to the table—currently, the market prices BG at a trailing multiple of 9.06. As a discount to earnings, Bunge ranks better than 76.36% of the competition. Further, BG trades at 8.04 times forward earnings, which sits well below the industry median of 16.97 times. The stock also provides some decent passive income with a forward yield of 2.63%, backed by a 22.1% payout ratio, indicating a highly sustainable yield.
BG has a consensus strong buy rating and an average price target of $123, implying over 29% upside potential.
Banyan Hill Publishing:
Just $2 a Share Today — The No. 1 Investment of the 2020s
New technology’s user base growing at 5X the speed of the internet in the 1990s. Could dwarf dot-com boom. [Click here to get details on $2 stock now.]
General Motors (GM)
Fundamentally, GM is firing on all cylinders. Most notably, the company made substantial investments in the electric vehicle space. Further, by electrifying marquee models such as the Hummer, GM can feed nostalgia with current-generation technologies. The automaker represents an attractive proposition for bargain hunters. Right now, the market prices GM at a forward multiple of 6.32. As a discount to earnings, General Motors ranks better than 84.18% of its competition. Wall Street analysts peg GM as a consensus moderate buy with an average price target of $53.45, implying 38% upside potential.
“Project X” – Elon’s next big move
Elon Musk is testing the key to an $809 billion market revolution, and I’m not talking about electric car batteries. Dozens of industries, worth billions and trillions of dollars, will be transformed by this technology, and they can’t do it without this ONE company’s patented device…[Full Story…]
UPS stands to benefit from the current global supply chain disruptions, as the company’s expertise in logistics and supply chain management makes it well-positioned to navigate these challenges. As consumers increasingly turn to online shopping and same-day delivery options, UPS is poised to capitalize on these trends and continue its strong growth trajectory. With a 3.54% yield to sweeten the deal, it’s attractive to investors looking for stocks to hold long-term.