Plus 5 New Strong Buys for Today New Highs In The Dow, S&P And Nasdaq
[Kevin Matras - EVP - Photo]
Profit from the Pros By Kevin Matras
Executive Vice President New Highs In The Dow, S&P And Nasdaq [New Highs In The Dow, S&P And Nasdaq]Image: Bigstock Stocks were up across the board again with new highs in the Dow, the S&P, and the Nasdaq. The economy continues to impress. But that doesn't mean there aren't any challenges. New Home Sales came in under expectations at 676,000 units (annualized) vs. the consensus for 800K. The Dallas Fed Manufacturing Survey showed the General Activity Index coming in at 27.3 vs. last month's 31.1 and views for 32.0. But the Production Index ticked up from last month's 29.4 to 31.0. New home sales and manufacturing have both been hot, so the market seemed unfazed by the latest blip. Earnings season has also impressed. That was on full display yesterday with a parade of beats. And after the close, Tesla reported positive surprises on both the top and bottom lines with a 61.1% positive EPS surprise and a 5.0% posiive sales surprise while reporting a record $1 billion in quarterly profits. We'll get another 226 companies reporting today with big names like Apple, Microsoft, Google's parent company Alphabet, and more on deck. The market is also waiting to hear word on the infrastructure bill. Whether there's a breakthrough or not, and whether there's enough votes to bring it up for debate or not remains to be seen. If nothing happens this week (or maybe next week), it will likely have to wait until after the August recess is over (the Senate's last day before the break is August 6th, and they won't be back until September 9th). In the meantime, earnings should take center stage. If the rest of earnings season continues as it started, we could be in for a stellar next few weeks. See you tomorrow, [Kevin Matras - Signature] Kevin Matras
Executive Vice President, Zacks Investment Research Sponsor [It's NOT Too Late To Get In On The $12 Trillion 5G Revolution]( 5G is already here, and INC Magazine believes that it could be the catalyst that'll spark the 4th industrial revolution. Right now, the groundwork is still being laid out, which means there's still time to get in on this projected $12 TRILLION industry... [Click here to see 14 stocks that could take off once 5G gains traction!]( Most Popular Articles from Zacks.com [Read this article]( Image: Bigstock [5 Companies with Beat-and-Raise Results You Should Not Miss]( This earnings season is turning out to be more or less as strong as predicted (so far) for these stocks. [Read More »]( [Read this article]( Image: Bigstock [5 Growth Stocks to Buy as US Stock Markets Hit Record Highs]( Each of these stocks flaunts a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a Growth Score of A or B. [Read More »]( [Read this article]( Image: Bigstock [Better Big Tech Buy Before Earnings: Shopify vs. Amazon]( Zacks Analyst Benjamin Rains breaks down Shopify (SHOP) and Amazon (AMZN) ahead of their upcoming financial results to see if either stock might be worth buying. [Read More »]( [Read this article]( Image: Shutterstock [US Travelers Defy New COVID Fears: Airlines & Hotels Perk Up]( An increasing number of Americans are traveling or making plans to travel in the coming months. [Read More »]( [Read this article]( Image: Bigstock [4 Top Electronics Stocks From Prospering Electronics Industry]( Industry players look to gain from the growing proliferation of AI, ML and consumer electronic devices. [Read More »]( Sponsor [Why Haven't You Looked at Zacks' Top Stocks?]( Our 5 best-performing strategies have blown away the S&P's impressive +103.9% gain from 2016 through 2020. Amazingly, they soared +381.1%, +424.1%, +429.0%, +477.8%, and even +580.0%. Today you can access their live picks without cost or obligation. [See Stocks Free »]( [Read this article]( Image: Bigstock [Bull of the Day: Vista Outdoor (VSTO)]( This stock is beating earning and it looks like shares could shoot higher. [Read More »]( [Read this article]( [New Zacks Strong Buys for July 27th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com. [Download our Zacks App for Apple iOS](
[Download our Zacks App for Android]( Visit [Success Stories]( to hear how Zacks research, tools and portfolios help our members outperform the market. Get all of our market insights and much more when you connect with us. [Visit Zacks on Facebook]( [Follow Zacks on Twitter]( [See Zacks videos on YouTube]( [Join Zacks on LinkedIn]( [Read Zacks Commentary on StockTwits]( This free resource is being sent by [Zacks.com](. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms of Service". [www.zacks.com/terms_of_service]( Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The Zacks #1 Rank Performance covers the period beginning on January 1, 1988 through June 28, 2021. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank #1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit [( for information about the performance numbers displayed above. Zacks Emails
If you would prefer to not receive future profit-producing emails from [Zacks.com]( the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please [click here]( and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com. Zacks Investment Research
10 S. Riverside Plaza, Suite 1600
Chicago, IL 60606