On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney covers trending market stories related to the Dow index, Amazon (AMZN - Free Report) , and Funko (FNKO - Free Report) . Later, he previews the upcoming earnings reports of American Express (AXP - Free Report) and IBM (IBM - Free Report) .
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Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Despite early losses from broader indexes, the Dow fought for morning gains Wednesday and looks poised to nail its longest win streak since May. Industrials and financials displayed strength today, while investors showed some hesitation toward tech.
Meanwhile, e-commerce behemoth Amazon released information about this week’s historic Prime Day, which apparently saw the most one-day Prime member additions in the company’s history. Amazon was criticized during Prime Day as its site encountered various hiccups, but slowdowns apparently did not put a dent on the celebrations.
Investors on Wednesday were also feeling the Fortnite buzz as shares of toy maker Funko gained on the back of its new deal with Epic Games. The Fortnite maker made a licensing agreement which will see Funko produce a line of branded toys and collectibles.
Ryan recaps these stories and gives his own perspective on today’s breaking news during the first half of the show!
Later, the host speculates as to whether American Express and IBM will help the Dow continue its streak with their earnings reports this afternoon.
Ryan prepares investors for these reports by exploring earnings estimates, revision trends, valuation history, and other key data for each company. Don’t miss your chance to hear everything you need to know ahead of these earnings announcements!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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 >>
On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney covers trending market stories related to the Dow index, Amazon (AMZN - Free Report) , and Funko (FNKO - Free Report) . Later, he previews the upcoming earnings reports of American Express (AXP - Free Report) and IBM (IBM - Free Report) .
Want more video content from Zacks? Subscribe to Zacks Investment News now!
Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Despite early losses from broader indexes, the Dow fought for morning gains Wednesday and looks poised to nail its longest win streak since May. Industrials and financials displayed strength today, while investors showed some hesitation toward tech.
Meanwhile, e-commerce behemoth Amazon released information about this week’s historic Prime Day, which apparently saw the most one-day Prime member additions in the company’s history. Amazon was criticized during Prime Day as its site encountered various hiccups, but slowdowns apparently did not put a dent on the celebrations.
Investors on Wednesday were also feeling the Fortnite buzz as shares of toy maker Funko gained on the back of its new deal with Epic Games. The Fortnite maker made a licensing agreement which will see Funko produce a line of branded toys and collectibles.
Ryan recaps these stories and gives his own perspective on today’s breaking news during the first half of the show!
Later, the host speculates as to whether American Express and IBM will help the Dow continue its streak with their earnings reports this afternoon.
Ryan prepares investors for these reports by exploring earnings estimates, revision trends, valuation history, and other key data for each company. Don’t miss your chance to hear everything you need to know ahead of these earnings announcements!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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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