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The markets shrugged off early losses yesterday to close higher on the day.
Just another testament to the underlying bullishness of the economy and the market.
Underscoring this bullishness was yesterday's PMI Composite Flash report which showed the composite reading at 55.7, up from last month's 54.8 and views for the same. Analyst's noted the service component was back to their prior highs, while manufacturing hit new highs!
Stocks continue to rise on the parade of better than expected economic reports and record earnings. And they should. These are historic times for the economy and the market.
One area that's been leading the pack lately has been Technology. And one of the most exciting areas within that space is Artificial Intelligence (AI). This industry is already estimated to be worth $12 billion. And analysts believe it could be worth as much as $57.6 billion within the next 3 years. There are some big names already in this space – Google and Nvidia are just a couple. But there is a growing list of companies, many you've probably never heard of, that are generating lots of buzz with their transformational technology that will reshape business and our lives.
So be sure you check out our latest report on AI which goes over the promise of this technology, and highlights 3 top stock picks poised to cash in on the explosiveness of this industry...
In the first two months after California dispensaries started to legally sell recreational marijuana on January 1, companies in the cannabis industry increased by nearly $2 billion in value. And now Canada is set to legalize recreational marijuana by July 2018. Savvy investors are already grabbing positions in these 3 picks that are set to soar once the announcement is made.
A robust U.S. economy, healthy consumer and business confidence, massive tax haul and business friendly policies are anticipated to fuel the trucking industry's growth. Read More »
The hottest topic in the entire technology sector has already generated $12 billion global revenues in 2017 and is predicted to hit $57.6 billion by 2021. It is completely transforming our economy. Famed investor Mark Cuban says it will create "the world's first trillionaires." This sets up one fearful question for investors:
What if you miss out?
Zacks has released a brand-new Special Report to prep you for investment opportunities in this exploding space. Most importantly, it reveals 3 stocks with soaring profit potential if you buy early.