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Good Stocks To Invest In Right Now? 4 Defensive Stocks For Your List

Check out these defensive stocks amid choppy markets.
The post Good Stocks To Invest In Right Now? 4 Defensive Stocks For Your List appeared first on Stock Market News, Quotes, Charts and Financial Information |



Do You Have These Defensive Stocks On Your January Watchlist?

If you’ve been keeping up with the news lately, it seems that the stock market has been rather volatile. Amid the uncertainties, investors may be turning to defensive stocks. After all, with rising inflation figures, the Fed could be looking at multiple rate hikes this year. And that would likely impact higher-growth stocks. Elsewhere, the Omicron surge hasn’t peaked nationwide, says Surgeon General Dr. Vivek Murthy. He also warns that the next few weeks will be tough. Should that be the case, sectors benefiting from the reopening of the economy may face speed bumps.   

Now, it is not surprising why defensive stocks may be appealing. These companies have products constantly in high demand regardless of the business cycle. For instance, Procter & Gamble (NYSE: PG) reported its December quarter results earlier today, which beat estimates. In detail, the consumer staples giant recorded earnings per share of $1.66 on sales of $20.95, versus consensus of $1.65 and $20.34 billion respectively. What’s more, the company raised its guidance as it benefits from higher prices and resurgent demand for cleaning products. Elsewhere, healthcare companies such as UnitedHealth Group (NYSE: UNH) are also seen to be able to withstand economic uncertainty. On that note, here are 4 top defensive stocks to watch in the stock market today.

Top Defensive Stocks To Watch Right Now

Johnson & Johnson 

First up, we have Johnson & Johnson, or JNJ for short. The century-old company surely has been around for a while and has built itself to be the largest and most broadly based health company in the world. In short, the company develops and sells a range of products in the healthcare sector. Focusing primarily on the consumer health, pharmaceutical, and medical device segments. With over 130,000 employees worldwide, the company strives to improve access and affordability for the masses and continues to innovate tirelessly, especially given this pandemic era. 

Last week, it was found that a JNJ COVID-19 booster shot is 85% effective in protecting against the Omicron variant. Once the booster shot is administered, it will protect against being hospitalized by the variant for 1 to 2 months. The study was conducted by the South Africa Medical Research Council (SAMRC) and “is the world’s first evidence of vaccine effectiveness (against Omicron) using the J&J vaccine,” said the head of SAMRC Glenda Gray. On top of that, the JNJ booster shot provides a logistical advantage as it is a single-dose regimen. That makes it easier to administer the booster in remote rural areas, where follow-ups can be difficult. With this breakthrough development, would you consider adding JNJ stock to your portfolio?

defensive stocks to buy (JNJ stock)
Source: TD Ameritrade TOS

[Read More] Top Stocks To Buy Now? 4 Renewable Energy Stocks For Your Watchlist

Wells Fargo & Company

Next, we have Wells Fargo, one of the biggest banks in the U.S. According to the bank’s estimates, it manages approximately $1.9 trillion in assets across its massive portfolio. On top of that, the bank boasts serving one in three U.S households and over 10% of small businesses nationwide. Wells Fargo achieves this feat by offering a variety of financial services. For the most part, this includes banking, investments, mortgage products and services to name a few. Over the past year, WFC stock managed to impressively increase by over 70%.

Just last week, the bank reported its quarterly revenue which exceeded analysts’ expectations and a significant jump in profit. For starters, WFC reported a revenue of over $21 billion, a year-over-year increase of over 17%. Besides that, it reported an impressive jump in net income of over $5.7 billion, more than a 90% increase compared to the year before. Reported earnings per share were $1.25 for the quarter, beating Wall Street estimates of $1.13. Seeing that the bank is doing well financially, would you consider investing in WFC stock?

best defensive stocks (WFC stock)
Source: TD Ameritrade TOS

General Electric Company

General Electric (GE) is a multinational conglomerate that boasts leading positions in a wide array of industries. Namely, these include renewable energy, aviation, healthcare, and power businesses. In fact, GE Renewable Energy is a $16 billion business that combines one of the broadest portfolios in the renewable energy industry. To be specific, this segment of GE provides end-to-end solutions to clients who want reliable and affordable green power. Impressively, the company has installed more than 400 gigawatts of clean renewable energy. Over the past month, GE stock has increased by over 14%.

In December, GE announced that its GE Digital business is acquiring software company Opus One. Briefly, the company makes software for clients to manage distributed power assets such as energy storage and solar power generation. Having more wind- and solar-based power generation makes grid management more complicated. Hence, this is GE’s attempt at providing a solution as customers transition to higher levels of renewable power generation. On the other hand, electric vehicles will also drive the need for more sophisticated grid management software. With this in mind, does GE stock have a spot on your watchlist?

GE stock chart
Source: TD Ameritrade TOS

[Read More] Best Lithium Battery Stocks To Buy Now? 4 To Know

Restaurant Brands International

Wrapping up our list of defensive stocks is Restaurant Brands International (QSR). In detail, the Canadian company boasts a portfolio with several major names in the fast-food industry today. This includes the likes of Burger King, Popeyes, and Tim Horton among others. According to QSR, the company facilitates approximately $31 billion in system-wide sales annually. QSR is able to do so by its impressive network of over 27,000 restaurants operating across more than 100 countries.

In December, the company announced a regional partnership with Ant Group. This partnership attempts to leverage Ant Group’s digital solutions to accelerate the digital transformation of its restaurant operations across the Asia Pacific. Evidently, this is a strategic play on QSR’s part to support local franchisee operations and expansion in the Asia Pacific market.

Under the partnership, Ant Group will implement a range of digital solutions. This includes a mini program Software-as-a-Service (SaaS) solution and Alipay+, a cross-border mobile payment solution. Ultimately, the goal is to enable a seamless and convenient omni-channel experience for diners to boost the restaurants’ operational efficiency. Given this partnership, will you be adding QSR stock to your watchlist?

QSR stock chart
Source: TD Ameritrade TOS

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5 Top Consumer Stocks To Watch Right Now

Are these consumer stocks a buy amid the earnings season?
The post 5 Top Consumer Stocks To Watch Right Now appeared first on Stock Market News, Quotes,…



5 Trending Consumer Stocks To Watch In The Stock Market Now         

As we tread through the earnings season, consumer stocks could be worth watching in the stock market this week. This would be the case since a number of big consumer names such as Costco (NASDAQ: COST) and Macy’s (NYSE: M) will be posting their financials for the quarter. As such, investors will be keeping an eye on these reports for clues on the strength of consumer spending amid this period of high inflation.

However, despite the soaring prices across the economy, it seems that consumers are surprisingly showing resilience. According to the Commerce Department, retail sales in April outpaced inflation for a fourth straight month. This could suggest that consumers as a whole were not only sustaining their spending, but spending more even after adjusting for inflation. Ultimately, it could be a reassuring sign that consumers are still supporting the economy and helping to diminish the narrative of an incoming recession. With that being said, here are five consumer stocks to check out in the stock market today.

Consumer Stocks To Buy [Or Sell] Right Now


retail stocks (JWN stock)

Starting off our list of consumer stocks today is Nordstrom. For the most part, it is a fashion retailer of full-line luxury apparel, footwear, accessories, and cosmetics among others. The company operates through multiple retail channels, boutiques, and online as well. As it stands, Nordstrom operates around 100 stores in 32 states in the U.S. and three Canadian provinces.

Yesterday, the company reported its financials for the first quarter of 2022. Starting with revenue, Nordstrom pulled in net sales worth $3.47 million for the quarter. This marks an increase of 18.7% from the same quarter last year. Its Nordstrom banner saw net sales rise by 23.5% year-over-year, exceeding pre-pandemic levels. Next to that, its Nordstrom Rack banner saw a 10.3% increase in net sales from last year. Besides, net earnings were $20 million, with earnings per share of $0.13 for the quarter. Considering Nordstrom’s solid quarter, should you invest in JWN stock?

[Read More] Best Stocks To Invest In Right Now? 5 Value Stocks To Watch This Week

The Wendy’s Company

best consumer stocks (WEN stock)

Next up, we have The Wendy’s Company. For the most part, it is the holding company for the major fast-food chain, Wendy’s. Being one of the world’s largest hamburger fast-food chains, the company boasts over 6,500 restaurants in the U.S. and 29 other countries. The chain is known for its square hamburgers, sea salt fries, and the Frosty, a form of soft-serve ice cream mixed with starches. WEN stock is rising by over 8% on today’s opening bell.

According to an SEC filing, Wendy’s largest shareholder, Trian Partners, is looking into making a potential deal with the company. Trian said that it is considering a deal to “enhance shareholder value.” Also, the firm adds that this could lead to an acquisition or business combination. In response, Wendy’s stated that it is constantly reviewing strategic priorities and opportunities. It added that the company’s board will carefully review any proposal from Trian. Given this piece of news, will you be watching WEN stock?

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Foot Locker

FL stock

Another stock investors could be watching is the shoes and apparel company, Foot Locker. In brief, the company uses its omnichannel capabilities to bridge the digital world and physical stores. As such, it provides buy online and pickup-in-store services, order-in-store, as well as the growing trend of e-commerce. Some of its most notable brands include Eastbay, Footaction, Foot Locker, Champs Sports, and Sidestep. Last week, the company reported its results for the first quarter of the year.

For starters, total sales came in at $2.175 billion, a slight uptick compared to sales of $2.153 billion in the year prior. Next to that, Foot Locker reported a net income of $133 million. Accordingly, adjusted earnings per share came in at $1.60, beating Wall Street’s expectations of $1.54. CEO Richard Johnson added, “Our progress in broadening and enriching our assortment continues to meet our customers’ demand for choice. These efforts helped drive our strong results in the first quarter, which will allow us to more fully participate in the robust growth of our category going forward.”  As such, is FL stock one to add to your watchlist? 

Tyson Foods 

TSN stock

Tyson Foods is a company that built its name on providing families with wholesome and great-tasting protein products. Its segments include Beef, Pork, Chicken, and Prepared Foods. With some of the fastest-growing portfolio of protein-centric brands, it should not be surprising that TSN stock often comes to mind when investors are looking for the best consumer stocks to buy. 

Earlier this month, Tyson Foods provided its fiscal second-quarter financial update. The company’s total sales for the quarter were $13.1 billion, representing an increase of 15.9% compared to the prior year’s quarter. Meanwhile, its GAAP earnings per share climbed to $2.28, up 75% year-over-year. According to Tyson, these financial figures are a reflection of the increasing consumer demand for its brands and products. To top it off, the company was also able to reduce its total debt by approximately $1 billion. Thus, does TSN stock have a spot on your watchlist?

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food delivery stocks (DASH Stock)

DoorDash is a consumer company that operates an online food ordering and delivery platform. In fact, it is one of the largest delivery companies in the U.S. and enjoys a huge market share. The company connects hundreds of thousands of merchants to over 25 million consumers in the U.S., Canada, Australia, and Japan through its local logistics platform. Accordingly, its platform allows local businesses to thrive in today’s “convenience economy,” as the company puts it.

On May 5, the company reported its first-quarter financials for 2022. Diving in, it posted a revenue of $1.5 billion, growing by 35% year-over-year. This was driven by total orders that grew by 23% year-over-year to $404 million. Along with that, it reported a GAAP gross profit of $662 million, an increase of 34% year-over-year. The company said that it added more consumers than any quarter since Q1 2021, due in part to the growth of its DashPass members. The growth in Monthly Active Users and average order frequency has helped it gain share in the U.S. Food Delivery category this quarter as well. Given DoorDash’s performance for the quarter, should you watch DASH stock?

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Philly Fed: State Coincident Indexes Increased in 50 States in April

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2022. Over the past three months, the indexes increased in all 50 states, for a three-month diffusion index of 100. Additiona…



From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2022. Over the past three months, the indexes increased in all 50 states, for a three-month diffusion index of 100. Additionally, in the past month, the indexes increased in all 50 states, for a one-month diffusion index of 100. For comparison purposes, the Philadelphia Fed has also developed a similar coincident index for the entire United States. The Philadelphia Fed’s U.S. index increased 1.1 percent over the past three months and 0.3 percent in April.
emphasis added
Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed:
The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. The four state-level variables in each coincident index are nonfarm payroll employment, average hours worked in manufacturing by production workers, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average). The trend for each state’s index is set to the trend of its gross domestic product (GDP), so long-term growth in the state’s index matches long-term growth in its GDP.
Click on map for larger image.

Here is a map of the three-month change in the Philly Fed state coincident indicators. This map was all red during the worst of the Pandemic and also at the worst of the Great Recession.

The map is all positive on a three-month basis.

Source: Philly Fed.

Philly Fed Number of States with Increasing ActivityAnd here is a graph is of the number of states with one month increasing activity according to the Philly Fed. 

This graph includes states with minor increases (the Philly Fed lists as unchanged).

In April all 50 states had increasing activity including minor increases.

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Finding Shelter in an Inverse ETF

As the old saying goes, “What goes up must come down.” Indeed, up until the recent selling wave caused by Russia’s war against Ukraine and the continued…



As the old saying goes, “What goes up must come down.”

Indeed, up until the recent selling wave caused by Russia’s war against Ukraine and the continued effects of supply chain disruptions amid the COVID-19 pandemic, tech stocks, including semiconductors, were the darlings of the investment world. That is, it seemed as if the sky-high valuations of some tech stocks were sustainable in an atmosphere of seemingly perpetual growth.

That, of course, was not the case, and the too-good-to-be-true valuations were quickly brought down to earth by the forces of inflation and tight monetary policy. As a result, the tech-heavy Nasdaq entered a free-fall that has not yet found a bottom.

At the same time, that does not mean that we should abandon the sector as a lost cause. One such way to play the sector during its downhill slide is the exchange-traded fund (ETF) Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS).

As its title suggests, this is an inverse ETF, meaning that it is built to go up in value when its parent index goes down. Specifically, SOXS provides three times leveraged inverse exposure to a modified market-cap-weighted index of semiconductor companies that trade in American markets by using swap agreements, futures contracts and short positions.

While the index’s holdings are weighted by market capitalization, the fund’s managers cap the weights of the top five securities in the portfolio at 8% each. The weight of the remaining securities is capped at 4% each.

As of May 24, SOXS has been up 0.37% over the past month and up 24.73% for the past three months. It is currently up 60.47% year to date.

Chart courtesy of

The fund has amassed $258.15 million in assets under management and has an expense ratio of 1.01%.

In short, while SOXS does provide an investor with a way to invest in an inverse ETF, this kind of ETF may not be appropriate for all portfolios. Thus, interested investors always should conduct their due diligence and decide whether the fund is suitable for their investing goals.

As always, I am happy to answer any of your questions about ETFs, so do not hesitate to send me an email. You just may see your question answered in a future ETF Talk.

The post Finding Shelter in an Inverse ETF appeared first on Stock Investor.

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