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The Top 10 Stocks Under $10

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streetauthority.com

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editors@streetauthority.com

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Thu, Jul 25, 2024 11:30 AM

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Q2 Earnings Results: Follow The Puck Imagine knowing, ahead of time, what the best investments of th

Q2 Earnings Results: Follow The Puck [StreetAuthority]    From Our Partners  [The Top 10 Stocks Under $10]( Imagine knowing, ahead of time, what the best investments of the year would be. Well, investors no longer need to imagine, guess, or throw darts. See, we’ve uncovered what looks to be a list of THE 10 best opportunities for 2024. [Click here for the report.](   Q2 Earnings Results: Follow The Puck By John Persinos  I’m a native of Massachusetts, so it’s not surprising that growing up, I played a lot of ice hockey. One of my childhood heroes was Bruin numbah-four, Bobby Orr. I was lousy at hockey, but I loved to play, and I’ve always remembered some wise advice from one of my hockey coaches: “Don’t skate to where the puck is, skate to where you think it will be.” I know it’s July and few people are thinking about ice hockey right now, but this adage occurred to me this week as second quarter earnings season got underway. Like a hockey player, the key is to stay forward looking. As the market navigates a period of political flux, the focus is shifting forward to Q2 2024 earnings reports. While the political landscape has injected uncertainty, solid operating results from companies are expected to overshadow these concerns. Investors are turning their attention from the political circus to the financial health of corporations, which remains a fundamental pillar of this stock market rally. In recent weeks, the market has seen increased volatility, with the S&P 500 experiencing daily fluctuations averaging around 1% over the past few trading sessions. The assassination attempt on Donald Trump, President Biden quitting the race, the worsening of partisan rancor, demagogues prattling on about “civil war”…despite this political drama, equities have held their ground, buoyed by robust earnings reports, hopes for an interest rate cut, and resilient economic growth. This resilience is evident in the modest movements in bond yields, with 10-year U.S. Treasury rates rising by nearly 10 basis points over the last week but still down by approximately 25 basis points in July. The current earnings season has begun on a positive note, with bellwether firms (e.g., the big banks) reporting better-than-expected results. Recent announcements from General Motors (NYSE: GM) and United Parcel Service (NYSE: UPS) underscore this trend, although with mixed outcomes. GM exceeded profit expectations, whereas UPS fell short. UPS’s results, however, did indicate a rise in shipping volumes in the U.S., aligning with data suggesting sturdy consumer spending. [Read More...](   [Capture this double-digit dividend]( These 7 unstoppable stocks have raised their dividends by double-digits each year... higher and faster than any blue chip I know of... for nearly two decades running. The 2008 recession, 2020 market crash… [not even last year’s bear market could slow them down.]( Just how much could these “Dividend Dominators” add to your bottom line? [Get the full story here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

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