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Bull Case for Tesla's Private Plan, & News from Square, Bitcoin, and More | Free Lunch
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On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the market’s top morning headlines, including Square’s latest bullish analyst note, today’s cryptocurrency crash, Home Depot’s earnings, and more.
Later, he is joined by Brian Bolan, Zacks’ growth guru and noted Tesla bull, to debate the electric car company’s go-private plan.
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.
Home Depot (HD - Free Report) reported top and bottom line beats this morning, extending its five-year positive earnings surprise streak and notching comparable-sales growth of 8%. The home improvement retailer also raised its full-year guidance, which provides even more evidence on the strength of the housing market and consumer economy.
Meanwhile, shares of Square (SQ - Free Report) surged again in morning trading Tuesday on the back of another bullish analyst note. This time it was Instinet getting on the action, with analysts there raising their price target for the payments stock to $86 from $82, citing growing adoption of the company’s Cash app as a key reason to be optimistic.
Also making headlines this morning was Nvidia (NVDA - Free Report) , which officially unveiled its eighth-generation Turing graphics architecture. Analysts and investors alike praised the new GPU line—a likely growth catalyst for the company’s gaming unit—just days before Nvidia is set to report its latest quarterly earnings report.
Tuesday morning also saw a massive selloff in the cryptocurrency market, led by giants bitcoin and Ether. The total capitalization of the crypto market has lost about $20 billion in a day, sending many virtual currencies to multi-month lows.
On the first half of today’s show, Ryan discusses all of these news stories, providing investors with the key facts they need to know and giving his unique perspective on the headlines.
On the second half of the episode, he is joined by Zacks Strategist Brian Bolan to debate Tesla (TSLA - Free Report) . Bolan has been an outspoken Tesla bull this year, and he came on the show to give his thoughts on Elon Musk’s stunning go-private deal.
Is it finally time to doubt Musk? Should Tesla investors hold on to their shares as the proposal shakes out? Is Bolan worried about an SEC probe related to Musk’s tweets? Hear the answer to all of these questions, and more, only on today’s episode of Free Lunch!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Bull Case for Tesla's Private Plan, & News from Square, Bitcoin, and More | Free Lunch
On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the market’s top morning headlines, including Square’s latest bullish analyst note, today’s cryptocurrency crash, Home Depot’s earnings, and more.
Later, he is joined by Brian Bolan, Zacks’ growth guru and noted Tesla bull, to debate the electric car company’s go-private plan.
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.
Home Depot (HD - Free Report) reported top and bottom line beats this morning, extending its five-year positive earnings surprise streak and notching comparable-sales growth of 8%. The home improvement retailer also raised its full-year guidance, which provides even more evidence on the strength of the housing market and consumer economy.
Meanwhile, shares of Square (SQ - Free Report) surged again in morning trading Tuesday on the back of another bullish analyst note. This time it was Instinet getting on the action, with analysts there raising their price target for the payments stock to $86 from $82, citing growing adoption of the company’s Cash app as a key reason to be optimistic.
Also making headlines this morning was Nvidia (NVDA - Free Report) , which officially unveiled its eighth-generation Turing graphics architecture. Analysts and investors alike praised the new GPU line—a likely growth catalyst for the company’s gaming unit—just days before Nvidia is set to report its latest quarterly earnings report.
Tuesday morning also saw a massive selloff in the cryptocurrency market, led by giants bitcoin and Ether. The total capitalization of the crypto market has lost about $20 billion in a day, sending many virtual currencies to multi-month lows.
On the first half of today’s show, Ryan discusses all of these news stories, providing investors with the key facts they need to know and giving his unique perspective on the headlines.
On the second half of the episode, he is joined by Zacks Strategist Brian Bolan to debate Tesla (TSLA - Free Report) . Bolan has been an outspoken Tesla bull this year, and he came on the show to give his thoughts on Elon Musk’s stunning go-private deal.
Is it finally time to doubt Musk? Should Tesla investors hold on to their shares as the proposal shakes out? Is Bolan worried about an SEC probe related to Musk’s tweets? Hear the answer to all of these questions, and more, only on today’s episode of Free Lunch!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>