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Top Stocks To Watch Today?4 Industrial Stocks For Your Watchlist

Could industrial stocks grow as the economy recovers?
The post Top Stocks To Watch Today?4 Industrial Stocks For Your Watchlist appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Check Out These Industrial Stocks In The Stock Market Today

It’s no secret that the stock market has corrected in recent months. Even though tech stocks pulled off an amazing rally during the first half of this week, it’s far from certain if the momentum could persist. After all, we’ve all seen the weaker than expected fourth-quarter results coming from Meta Platforms (NASDAQ: FB). Following the announcement, other social media stocks such as Twitter (NYSE: TWTR) and Snap (NYSE: SNAP) appear to also fall in sympathy. 

With that in mind, investors are turning to value oriented industrial stocks amid the recent market sentiment. Considering there are a number of factors that could have an impact on your portfolio returns, knowing what is occurring in both the short and long term would be helpful. Right now, this includes inflation, interest rates, supply chain woes, and so on. It’s also worth noting that the latest jobless claims for the week ended January 29 totaled 238,000, below the 245,000 Dow Jones estimate, potentially supporting the recovery narrative.

Given that some of the top industrial names continue to benefit from the ongoing economic recovery, it wouldn’t hurt to take a closer look at this space. Namely, General Electric (NYSE: GE) had recently secured an order valued at more than $6.8 billion from Qatar Airways for its GE9X engines. While inflation is certainly a challenge for GE this year, it did not stop the company from winning new businesses. With all that being said, here are four industrial stocks to check out in the stock market today. 

Top Industrial Stocks To Buy [Or Avoid] In February 2022

Allegheny Technologies

Kicking off our list is Allegheny Technologies, a company that commits itself to solving the world’s most difficult challenges through materials science. The company produces advanced specialty materials and components that are able to withstand extremes of temperatures, stress, and corrosion. This includes melting, forging, and machining processes. As such, Allegheny’s products are mainly catered towards the energy, aerospace, and defense markets with its various suite of specialty alloys. Over the past month, ATI stock skyrocketed by over 35%. 

On Wednesday, Allegheny announced its Q4 2021 results. Generally, the company fared well largely thanks to an acceleration in aerospace recovery. Diving in, sales were $765.4 million, which is 16% higher than the 2020’s Q4. Alongside that, operating income more than doubled compared to Q3 2021, increasing from $29.9 million to $67.2 million. Also, adjusted earnings per share were $0.25 on $33.6 million worth of adjusted net income. As for its 2022 outlook, CEO Bob Wetherbee said “Looking ahead to the first quarter, we anticipate strong year-over-year revenue and earnings growth primarily driven by the ongoing commercial aerospace recovery and our business transformation efforts. We expect normal seasonal cash outflows, including deploying working capital to meet increased demand requirements,” On that note, does ATI stock deserve a spot on your watchlist?

ATI stock
Source: TradingView

[Read More] 5 Top Value Stocks To Watch In February 2022

Emerson Electric

Emerson Electric is a multinational technology, software, and engineering company that provides clients with solutions. Notably, the company does so in the industrial, commercial, and residential markets. The company’s segments include Automation Solutions and Commercial & Residential Solutions, which consists of its Climate Technologies and Tools & Home Products segments. For a sense of scale, Emerson is a Fortune 500 company that has approximately 83,500 employees and 200 manufacturing locations. Just yesterday, the company reported its fiscal Q1 earnings and revenues which topped estimates.

Emerson scored a positive quarter largely thanks to strong demand for its automation systems and its air-conditioning and refrigeration products. Additionally, companies across North America have been rushing to add robots to their assembly lines to keep up with strong demand. This effectively led to an increase of 4.2% in sales to Emerson’s Automation Solutions unit, which now stands at $2.81 billion. Moreover, net sales were $4.5 billion, up 8% year-over-year. GAAP earnings per share were $1.50, up by 103% from the year before. Accordingly, net income rose to $896 million against last year’s $445 million. With this solid quarter in mind, is EMR stock one to buy for your portfolio?

EMR stock
Source: TradingView

Corning 

Corning is a leading innovator in materials science. The company has unparalleled expertise in glass science, ceramic science, and optical physics. This, in hand with excellent manufacturing and engineering capabilities, allows Corning to develop category-defining products that transform industries. Its Display Technologies segment manufacturers glass substrates for flat-panel liquid crystal displays and other high-performance display panels. Whereas its Life Sciences segment manufactures glass and plastic equipment that enable workflow solutions for drug discovery and bioproduction. In fact, Corning is one of the companies responsible for manufacturing glass tubing and vials for the COVID-19 vaccines.

Over the past month, GLW stock has increased by more than 15%. On January 26, the company announced its Q4 and full-year 2021 results. For starters, full-year sales grew by 23%, surpassing $14 billion. Additionally, full-year core earnings per share increased to $2.07, a 49% jump from the year before. Corning also provided its outlook for 2022. For the first quarter, Corning expects core sales to be in the range of $3.5 billion to $3.7 billion. Besides that, the company expects core earnings per share of $0.48 to $0.53. All things considered, is GLW stock worth buying?

Source: TradingView

[Read More] Top Metaverse Stocks To Buy Now? 4 For Your February Watchlist

Ericsson

Ericsson is a Swedish telecommunications equipment and services company. The company offers services, infrastructure, and software for telecommunication service providers and enterprises. Ericsson operates in more than 180 countries and has over 57,000 patents. In fact, it is a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. Over the past month, ERIC stock has risen by over 13%.

Last week, Ericsson reported their fourth-quarter and full-year results for 2021. Getting into it, revenues for the quarter increased 2.5% year-over-year to about $8.05 billion. As for its quarterly net income, it came in at about $1.1 billion, an impressive increase of 41% from the prior year. Accordingly, earnings per share were $0.33 compared against $0.24 from last year. In other news, in November last year, Ericsson announced that it will be acquiring Vonage (NASDAQ: VG) for $6.2 billion. Vonage, a global provider of cloud-based communications, will give Ericsson the foundation to develop a global network platform to drive innovation on top of the 5G networks. Given this acquisition and a good quarter, do you think ERIC stock is worth watching?

Source: TradingView

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The post Top Stocks To Watch Today?4 Industrial Stocks For Your Watchlist appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Mathematicians use AI to identify emerging COVID-19 variants

Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants…

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Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants and could help with other infections in the future.

Credit: source: https://phil.cdc.gov/Details.aspx?pid=23312

Scientists at The Universities of Manchester and Oxford have developed an AI framework that can identify and track new and concerning COVID-19 variants and could help with other infections in the future.

The framework combines dimension reduction techniques and a new explainable clustering algorithm called CLASSIX, developed by mathematicians at The University of Manchester. This enables the quick identification of groups of viral genomes that might present a risk in the future from huge volumes of data.

The study, presented this week in the journal PNAS, could support traditional methods of tracking viral evolution, such as phylogenetic analysis, which currently require extensive manual curation.

Roberto Cahuantzi, a researcher at The University of Manchester and first and corresponding author of the paper, said: “Since the emergence of COVID-19, we have seen multiple waves of new variants, heightened transmissibility, evasion of immune responses, and increased severity of illness.

“Scientists are now intensifying efforts to pinpoint these worrying new variants, such as alpha, delta and omicron, at the earliest stages of their emergence. If we can find a way to do this quickly and efficiently, it will enable us to be more proactive in our response, such as tailored vaccine development and may even enable us to eliminate the variants before they become established.”

Like many other RNA viruses, COVID-19 has a high mutation rate and short time between generations meaning it evolves extremely rapidly. This means identifying new strains that are likely to be problematic in the future requires considerable effort.

Currently, there are almost 16 million sequences available on the GISAID database (the Global Initiative on Sharing All Influenza Data), which provides access to genomic data of influenza viruses.

Mapping the evolution and history of all COVID-19 genomes from this data is currently done using extremely large amounts of computer and human time.

The described method allows automation of such tasks. The researchers processed 5.7 million high-coverage sequences in only one to two days on a standard modern laptop; this would not be possible for existing methods, putting identification of concerning pathogen strains in the hands of more researchers due to reduced resource needs.

Thomas House, Professor of Mathematical Sciences at The University of Manchester, said: “The unprecedented amount of genetic data generated during the pandemic demands improvements to our methods to analyse it thoroughly. The data is continuing to grow rapidly but without showing a benefit to curating this data, there is a risk that it will be removed or deleted.

“We know that human expert time is limited, so our approach should not replace the work of humans all together but work alongside them to enable the job to be done much quicker and free our experts for other vital developments.”

The proposed method works by breaking down genetic sequences of the COVID-19 virus into smaller “words” (called 3-mers) represented as numbers by counting them. Then, it groups similar sequences together based on their word patterns using machine learning techniques.

Stefan Güttel, Professor of Applied Mathematics at the University of Manchester, said: “The clustering algorithm CLASSIX we developed is much less computationally demanding than traditional methods and is fully explainable, meaning that it provides textual and visual explanations of the computed clusters.”

Roberto Cahuantzi added: “Our analysis serves as a proof of concept, demonstrating the potential use of machine learning methods as an alert tool for the early discovery of emerging major variants without relying on the need to generate phylogenies.

“Whilst phylogenetics remains the ‘gold standard’ for understanding the viral ancestry, these machine learning methods can accommodate several orders of magnitude more sequences than the current phylogenetic methods and at a low computational cost.”


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There will soon be one million seats on this popular Amtrak route

“More people are taking the train than ever before,” says Amtrak’s Executive Vice President.

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While the size of the United States makes it hard for it to compete with the inter-city train access available in places like Japan and many European countries, Amtrak trains are a very popular transportation option in certain pockets of the country — so much so that the country’s national railway company is expanding its Northeast Corridor by more than one million seats.

Related: This is what it's like to take a 19-hour train from New York to Chicago

Running from Boston all the way south to Washington, D.C., the route is one of the most popular as it passes through the most densely populated part of the country and serves as a commuter train for those who need to go between East Coast cities such as New York and Philadelphia for business.

Veronika Bondarenko captured this photo of New York’s Moynihan Train Hall. 

Veronika Bondarenko

Amtrak launches new routes, promises travelers ‘additional travel options’

Earlier this month, Amtrak announced that it was adding four additional Northeastern routes to its schedule — two more routes between New York’s Penn Station and Union Station in Washington, D.C. on the weekend, a new early-morning weekday route between New York and Philadelphia’s William H. Gray III 30th Street Station and a weekend route between Philadelphia and Boston’s South Station.

More Travel:

According to Amtrak, these additions will increase Northeast Corridor’s service by 20% on the weekdays and 10% on the weekends for a total of one million additional seats when counted by how many will ride the corridor over the year.

“More people are taking the train than ever before and we’re proud to offer our customers additional travel options when they ride with us on the Northeast Regional,” Amtrak Executive Vice President and Chief Commercial Officer Eliot Hamlisch said in a statement on the new routes. “The Northeast Regional gets you where you want to go comfortably, conveniently and sustainably as you breeze past traffic on I-95 for a more enjoyable travel experience.”

Here are some of the other Amtrak changes you can expect to see

Amtrak also said that, in the 2023 financial year, the Northeast Corridor had nearly 9.2 million riders — 8% more than it had pre-pandemic and a 29% increase from 2022. The higher demand, particularly during both off-peak hours and the time when many business travelers use to get to work, is pushing Amtrak to invest into this corridor in particular.

To reach more customers, Amtrak has also made several changes to both its routes and pricing system. In the fall of 2023, it introduced a type of new “Night Owl Fare” — if traveling during very late or very early hours, one can go between cities like New York and Philadelphia or Philadelphia and Washington. D.C. for $5 to $15.

As travel on the same routes during peak hours can reach as much as $300, this was a deliberate move to reach those who have the flexibility of time and might have otherwise preferred more affordable methods of transportation such as the bus. After seeing strong uptake, Amtrak added this type of fare to more Boston routes.

The largest distances, such as the ones between Boston and New York or New York and Washington, are available at the lowest rate for $20.

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The next pandemic? It’s already here for Earth’s wildlife

Bird flu is decimating species already threatened by climate change and habitat loss.

I am a conservation biologist who studies emerging infectious diseases. When people ask me what I think the next pandemic will be I often say that we are in the midst of one – it’s just afflicting a great many species more than ours.

I am referring to the highly pathogenic strain of avian influenza H5N1 (HPAI H5N1), otherwise known as bird flu, which has killed millions of birds and unknown numbers of mammals, particularly during the past three years.

This is the strain that emerged in domestic geese in China in 1997 and quickly jumped to humans in south-east Asia with a mortality rate of around 40-50%. My research group encountered the virus when it killed a mammal, an endangered Owston’s palm civet, in a captive breeding programme in Cuc Phuong National Park Vietnam in 2005.

How these animals caught bird flu was never confirmed. Their diet is mainly earthworms, so they had not been infected by eating diseased poultry like many captive tigers in the region.

This discovery prompted us to collate all confirmed reports of fatal infection with bird flu to assess just how broad a threat to wildlife this virus might pose.

This is how a newly discovered virus in Chinese poultry came to threaten so much of the world’s biodiversity.

H5N1 originated on a Chinese poultry farm in 1997. ChameleonsEye/Shutterstock

The first signs

Until December 2005, most confirmed infections had been found in a few zoos and rescue centres in Thailand and Cambodia. Our analysis in 2006 showed that nearly half (48%) of all the different groups of birds (known to taxonomists as “orders”) contained a species in which a fatal infection of bird flu had been reported. These 13 orders comprised 84% of all bird species.

We reasoned 20 years ago that the strains of H5N1 circulating were probably highly pathogenic to all bird orders. We also showed that the list of confirmed infected species included those that were globally threatened and that important habitats, such as Vietnam’s Mekong delta, lay close to reported poultry outbreaks.

Mammals known to be susceptible to bird flu during the early 2000s included primates, rodents, pigs and rabbits. Large carnivores such as Bengal tigers and clouded leopards were reported to have been killed, as well as domestic cats.

Our 2006 paper showed the ease with which this virus crossed species barriers and suggested it might one day produce a pandemic-scale threat to global biodiversity.

Unfortunately, our warnings were correct.

A roving sickness

Two decades on, bird flu is killing species from the high Arctic to mainland Antarctica.

In the past couple of years, bird flu has spread rapidly across Europe and infiltrated North and South America, killing millions of poultry and a variety of bird and mammal species. A recent paper found that 26 countries have reported at least 48 mammal species that have died from the virus since 2020, when the latest increase in reported infections started.

Not even the ocean is safe. Since 2020, 13 species of aquatic mammal have succumbed, including American sea lions, porpoises and dolphins, often dying in their thousands in South America. A wide range of scavenging and predatory mammals that live on land are now also confirmed to be susceptible, including mountain lions, lynx, brown, black and polar bears.

The UK alone has lost over 75% of its great skuas and seen a 25% decline in northern gannets. Recent declines in sandwich terns (35%) and common terns (42%) were also largely driven by the virus.

Scientists haven’t managed to completely sequence the virus in all affected species. Research and continuous surveillance could tell us how adaptable it ultimately becomes, and whether it can jump to even more species. We know it can already infect humans – one or more genetic mutations may make it more infectious.

At the crossroads

Between January 1 2003 and December 21 2023, 882 cases of human infection with the H5N1 virus were reported from 23 countries, of which 461 (52%) were fatal.

Of these fatal cases, more than half were in Vietnam, China, Cambodia and Laos. Poultry-to-human infections were first recorded in Cambodia in December 2003. Intermittent cases were reported until 2014, followed by a gap until 2023, yielding 41 deaths from 64 cases. The subtype of H5N1 virus responsible has been detected in poultry in Cambodia since 2014. In the early 2000s, the H5N1 virus circulating had a high human mortality rate, so it is worrying that we are now starting to see people dying after contact with poultry again.

It’s not just H5 subtypes of bird flu that concern humans. The H10N1 virus was originally isolated from wild birds in South Korea, but has also been reported in samples from China and Mongolia.

Recent research found that these particular virus subtypes may be able to jump to humans after they were found to be pathogenic in laboratory mice and ferrets. The first person who was confirmed to be infected with H10N5 died in China on January 27 2024, but this patient was also suffering from seasonal flu (H3N2). They had been exposed to live poultry which also tested positive for H10N5.

Species already threatened with extinction are among those which have died due to bird flu in the past three years. The first deaths from the virus in mainland Antarctica have just been confirmed in skuas, highlighting a looming threat to penguin colonies whose eggs and chicks skuas prey on. Humboldt penguins have already been killed by the virus in Chile.

A colony of king penguins.
Remote penguin colonies are already threatened by climate change. AndreAnita/Shutterstock

How can we stem this tsunami of H5N1 and other avian influenzas? Completely overhaul poultry production on a global scale. Make farms self-sufficient in rearing eggs and chicks instead of exporting them internationally. The trend towards megafarms containing over a million birds must be stopped in its tracks.

To prevent the worst outcomes for this virus, we must revisit its primary source: the incubator of intensive poultry farms.

Diana Bell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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