Stocks of the Day
Two stocks underscore why investors should continue to focus on facts in real time instead of breathless reports of doom and gloom.
Trade War Will Kill Demand for US Brands
At the start of the trade war, we were told Chinese consumers would shun American brands. Just in the past month, however, we saw monster sales for Tiffany (TIF) and Starbucks (SBUX) from Chinese consumers. Then there was the scene of mobs of people squeezing into the first Costco (COST) in China.
After the bell, Nike (NKE) posted financial results that saw sales around the world surge, especially in China up 27%.
Blue Collar Economy Is Roaring Back
The company posted revenues and earnings that beat the Street while hiking full-year guidance on the top and bottom lines. I love this stock as a proxy for America’s blue-collar economy.
Add a Comment!
Products & Services |
In The Media |
About Us |
All Rights Reserved.