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Trump stocks run up into the inauguration. Tesla (TSLA) rose 3% as Elon Musk is soon to be President Trump's biggest supporters. A rumor this afternoon sparked further buying as speculation that Telsa and Mush would look to purchase TikTok as a ban in the US draws closer. JB Hunt... Read More
More good news out of the banking industry. Morgan Stanley (MS) is up 2% on earnings after jumping 4% yesterday when the rest of the sector reported earnings. Similar to Goldman Sachs, Morgan Stanley is bullish on M&A deals saying their pipeline of deals is outpacing recent years. UnitedHealth Group... Read More
Good day for the markets and the banks. JP Morgan Chase, Wells Fargo, Citigroup, Goldman Sachs, Blackrock and BNY Mellon are all higher by 2% or more following earnings this morning. Goldman and Wells Fargo are up 5% while the big winner is Citigroup© up 7%. Profit-taking in Lululemon (span... Read More
Merger Tuesday this week as United Rental (URI) rose 5% after H&E Equipment Services (HEES) agreed to be acquired for $4.8 billion. With both stocks higher, the deal is being called a win win combining one of the top rental companies with one of the largest rental equipment... Read More
The energy sector (XLE) remains a diamond to start the new year, up 2% today and up nearly 5% to start the new year. The price of oil rose to $80 a barrel, its highest level in four months on concerns of pending sanctions from the Trump administration. Moderna (span... Read More
Walgreens (WBA) jumps on better than expected earnings. The pharmaceutical retailer is up 25% after beating estimates by 13 cents as sales rose 7% to $39.5 billion. The company also International sales and US healthcare business is offsetting their weak pharmacy business as a mid-flu season has hurt sales... Read More
Healthcare space having a good day. Eli Lilly (LLY) rose 2% as Medicare will cover their popular weight loss drug, Zepbound for apnea. Truist upgraded the stock with a $1029 price target. Medical device makers, Boston Scientific (BSX) and Medtronic (MDT) were up 4% and 3% respectively.... Read More
Oil extends its gains for 2025, up 3% for the year, back to October highs even as President elect Trump wants to increase oil production and thereby lower prices. Devon Energy (DVN), Hess (HES) and ConocoPhillips (COP) are all up 2% or more today at multi-month highs. Sell... Read More
Tech stocks regaining their footing. Micron (MU) is up 10%, Nvidia (NVDA) is up 5% while all the semi chip equipment stocks are strong as well thanks to reports from Taiwan's Foxconn that demand for artificial-intelligence infrastructure is still booming. T-Mobile (TMUS) gets hit with two downgrades. The stock... Read More
Nvidia (NVDA) regains its stride here in 2025. The AI chipmaker is jumping 4% as the semiconductor index is up 2% today. No news today, but AI demand continues to surge with no sign of a spending slowdown anytime soon. Nvidia jumped more than 150% for 2024. US Steel (X)... Read More
Topgolf Callaway (MODG) starts the new year on the plus side with an upgrade at Jefferies. The golfing conglomerate is up 13% today as an analyst at Jefferies raised his price target to $13 a share saying the sum-of-the-parts of the company's businesses are worth much more than the... Read More
Oil finished the year on a high note, but negative for the year and negative for a second straight year. Oil rose 1.1% to $71.78 a barrel today. Exxon (XOM), Chevron (CVX) and the rest of the large cap oil stocks rose over 1% to end the year. Bitcoin... Read More
It's been Nvidia's year (NVDA). The AI chip darling is up 2% today on news, the Chinese firm ByteDance planned to spend $7 Billion on Nvidia Chips in 2025. Tariffs and President Trump may have something to say about whether China can buy US chips, but for now its... Read More
Oil higher, heading for a weekly gain on hopes of a revival in Chinese demand. Occidental Petroleum (OXY) is up a percent as Warren Buffett has been buying more shares, now owns over 10% of the company. Tesla (TSLA) taking a hit. Big cap tech is taking a hit,... Read More
Apple (AAPL) is modestly higher on an upgrade. The tech giant is higher as Dan Ives over at Wedbush upgraded the stock with a $325 price target saying the stock remains undervalued and investors are not fully appreciating the growth potential of AI enhanced phones. The market cap is... Read More
Dutch Bros (BROS) having a good holiday and good year. The west coast coffee maker expanding East is up 3% to anew 52 week high, retesting all time highs on improving fundamentals and expansion plans. Rival Starbucks is a dog of late as some of their workers continue to... Read More
A new AI chip darling, Broadcom (AVGO). The chip stock is up 5% on an upgrade following strong earnings last week. Jefferies named Broadcom as their top pick for 2025 with a $300 price target. Broadcom following strong earnings last week expects Ai spending to continue through the end... Read More
Cruise lines sailing into 2025 on a high note. Carnival Corp (CCL) is up 6% following strong earnings as sales rose 10% to $5.94 billion. Carnival expects a strong 2025 telling potential customers to sign up now because inventory is filling up fast.Royal Caribbean is up 3% while Norwegian... Read More
Accenture (ACN) jumps on earnings. The professional service company is up 7% after beating estimates and raising guidance thanks to strong demand for both consulting and managed services, and across each market and industry group while also gaining market share. Micron (MU) taking a hit following earnings and guidance. The... Read More
Nowhere to go, but up. Boeing (BA) is up a percent as they restart production of their 767 and 777 in Seattle after the long strike. Last week, Boeing said they were expanding their Charleston SC plant with a billion dollar investment. Boeing was also upgraded last week as Wall... Read More
Pfizer (PFE) higher after raising guidance. Healthcare has taken on the chin this year, but drug giant, Pfizer is up 4% after reaffirming this year's guidance and raising guidance only modestly for 2025 even as they see a billion dollar cost to the changes in Medicare Part D. Oil and... Read More
Honeywell (HON) jumps as the company looks to unlock value. The industrial conglomerate is higher by 4% not far from a 52-week high on pressure from activists like Elliot Management to spin off their aerospace unit similar to GE Aerospace to unlock value. Steel Dynamic (STLD) not so dynamic.... Read More
Broadcom (AVGO) a big winner to end the week. The chip giant is up 20% on strong earnings and optimism for strong demand for AI products in 2025.Broadcom beat by 3 cents as revenues rose 51% year over year to $14.05 billion. The stock did get an upgrade with... Read More
Kroger (KR) jumps 3% on a share buyback plan. Kroger, the largest independent grocery supermarket chain was trying to get bigger by buying rival, Albertsons for $24.6 billion, but the deal has been struck down by a federal judge. The new buyback is Kroger's way of moving on. Morgan Stanley... Read More
Snap back in tech. Alphabet/Google (GOOGL) rose 5% to a new high after rising nearly 5% yesterday. On Tuesday, Google announced a breakthrough in a new chip called, Willow for quantum computing. Today, Google released their newest version of Gemini 2.0 their AI software used for creating models, coding,... Read More
Time to plan 2025 vacations. Norwegian Cruise Lines (NCLH) is up 2% as Goldman Sachs upgraded the stock expecting 2025 to be another stellar year for the cruise industry. Demand is expected to outpace supply allowing for pricing power as new-to-cruise passengers are projected to grow by 15% or... Read More
Hershey (HSY) jumps on takeover rumors. The chocolate giant is up 13% on rumors Mondelez is exploring a takeover after a failed attempt back in 2016. Mondelez already owns Cadbury and Oreo. Hershey Trust company is the majority owner and will have a say on the sale of the... Read More
Lululemon (LULU) stretches higher on strong earnings and guidance. China was a bright spot for them with sales up 27%. Looking forward, the CEO was optimistic about the US expecting a long runway of growth still in the Americas, particularly in the woman's category. Chevron (CVX) dropped 2%... Read More
Airlines are breaking out. Southwest rose as much as 4% to new highs as all the major carriers performed well as Southwest provided upside guidance for the rest of the quarter while also adding a $750 million share buyback. The Sunday after Thanksgiving, over 3 million passengers went through span... Read More
Dow component, Salesforce.com (CRM) jumps 9% even as earnings missed, but sales were above expectations. Guidance for 2025 looks good as Salesforce rolls out a complete AI system for enterprises with what they call autonomous AI agents to handle tasks in areas such as sales, marketing, and commerce as... Read More
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.