Each month, I ask myself. What do longer-term equity readers really need to focus on, right now?
Traders just closed out the first 6 months of 2017. What’s my answer in July? I quote Detective Joe Friday, from the old TV show Dragnet: “Just the facts, ma’am”.
(1) What of U.S. GDP growth? This should be a top-of-mind fundamental. On July 6th, GDPNow for Q2 has +2.7%. Final Q1-17 GDP showed modest +1.2% growth.
(2) Improved U.S. earnings and low U.S. unemployment claims still say: “Don’t worry”. Q2 looks for +6.6% EPS growth. A strong Q1-17 earnings season is in the bag. It scored a stunning +13.9% in EPS growth.
(3) Monthly labor market evidence? That is as follows. The U.S. created +222K in June, +152 in May, +207K in APRIL, +50K in MAR, +232K jobs in FEB and +216K jobs in JAN. Recall: June was the biggest job addition last year.
(4) U.S. unemployment was 4.4% in JUNE. This is ‘frictional’ or ‘natural’ unemployment.
Summary: The U.S.A. remains firmly in a 97-month expansion.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Each month, I ask myself. What do longer-term equity readers really need to focus on, right now?
Traders just closed out the first 6 months of 2017. What’s my answer in July? I quote Detective Joe Friday, from the old TV show Dragnet: “Just the facts, ma’am”.
(1) What of U.S. GDP growth? This should be a top-of-mind fundamental. On July 6th, GDPNow for Q2 has +2.7%. Final Q1-17 GDP showed modest +1.2% growth.
(2) Improved U.S. earnings and low U.S. unemployment claims still say: “Don’t worry”. Q2 looks for +6.6% EPS growth. A strong Q1-17 earnings season is in the bag. It scored a stunning +13.9% in EPS growth.
(3) Monthly labor market evidence? That is as follows. The U.S. created +222K in June, +152 in May, +207K in APRIL, +50K in MAR, +232K jobs in FEB and +216K jobs in JAN. Recall: June was the biggest job addition last year.
(4) U.S. unemployment was 4.4% in JUNE. This is ‘frictional’ or ‘natural’ unemployment.
Summary: The U.S.A. remains firmly in a 97-month expansion.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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