Latest news with #JulyCPI
Yahoo
4 days ago
- Business
- Yahoo
Estée Lauder, Vita Coco, Spectrum Brands, and Celsius Stocks Trade Up, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as a surprisingly subdued inflation report fueled hopes for an imminent interest rate cut from the U.S. Federal Reserve. The July Consumer Price Index (CPI) report showed a year-over-year increase of 2.7%, which was slightly below market expectations. This tamer-than-expected inflation data was viewed by investors as a key signal that price pressures are easing. As a result, the market has strengthened its conviction that the U.S. Federal Reserve will implement an interest rate cut in September. The prospect of lower borrowing costs tends to boost corporate profitability and can stimulate economic activity, creating a more favorable environment for consumer-facing companies and fueling a broad-based market rally. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Personal Care company Estée Lauder (NYSE:EL) jumped 3.5%. Is now the time to buy Estée Lauder? Access our full analysis report here, it's free. Beverages, Alcohol, and Tobacco company Vita Coco (NASDAQ:COCO) jumped 3.1%. Is now the time to buy Vita Coco? Access our full analysis report here, it's free. Household Products company Spectrum Brands (NYSE:SPB) jumped 3.5%. Is now the time to buy Spectrum Brands? Access our full analysis report here, it's free. Beverages, Alcohol, and Tobacco company Celsius (NASDAQ:CELH) jumped 3.1%. Is now the time to buy Celsius? Access our full analysis report here, it's free. Zooming In On Estée Lauder (EL) Estée Lauder's shares are quite volatile and have had 19 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Estée Lauder is up 28.4% since the beginning of the year, and at $95.01 per share, it is trading close to its 52-week high of $100.78 from September 2024. Investors who bought $1,000 worth of Estée Lauder's shares 5 years ago would now be looking at an investment worth $445.28. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
nCino, C3.ai, Five9, Health Catalyst, and RingCentral Shares Are Soaring, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after the SaaS sector continued to rally as favorable inflation data bolstered hopes for a Federal Reserve interest rate cut. This optimism was largely driven by a benign July Consumer Price Index (CPI) report, which solidified investor expectations for a Federal Reserve interest rate cut. Following the release of the inflation data, which showed a year-over-year increase of 2.7%, the probability of a rate cut in September surged to over 96%. Lower interest rates are typically beneficial for growth-oriented technology stocks, as they can reduce borrowing costs and increase the present value of future earnings. Adding to the positive sentiment was a 90-day delay in the imposition of higher tariffs on Chinese goods, which reduced trade-related uncertainty for the technology sector. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Banking Software company nCino (NASDAQ:NCNO) jumped 6.2%. Is now the time to buy nCino? Access our full analysis report here, it's free. Data Infrastructure company (NYSE:AI) jumped 9.2%. Is now the time to buy Access our full analysis report here, it's free. Video Conferencing company Five9 (NASDAQ:FIVN) jumped 5.9%. Is now the time to buy Five9? Access our full analysis report here, it's free. Data Analytics company Health Catalyst (NASDAQ:HCAT) jumped 7.5%. Is now the time to buy Health Catalyst? Access our full analysis report here, it's free. Video Conferencing company RingCentral (NYSE:RNG) jumped 8.4%. Is now the time to buy RingCentral? Access our full analysis report here, it's free. Zooming In On (AI) shares are extremely volatile and have had 39 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. is down 46.4% since the beginning of the year, and at $18.60 per share, it is trading 56.7% below its 52-week high of $42.94 from December 2024. Investors who bought $1,000 worth of shares at the IPO in December 2020 would now be looking at an investment worth $201.10. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
4 days ago
- Business
- Yahoo
Dole, B&G Foods, Medifast, USANA, and MGP Ingredients Shares Are Soaring, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as a surprisingly subdued inflation report fueled hopes for an imminent interest rate cut from the U.S. Federal Reserve. The July Consumer Price Index (CPI) report showed a year-over-year increase of 2.7%, which was slightly below market expectations. This tamer-than-expected inflation data was viewed by investors as a key signal that price pressures are easing. As a result, the market has strengthened its conviction that the U.S. Federal Reserve will implement an interest rate cut in September. The prospect of lower borrowing costs tends to boost corporate profitability and can stimulate economic activity, creating a more favorable environment for consumer-facing companies and fueling a broad-based market rally. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Perishable Food company Dole (NYSE:DOLE) jumped 3.8%. Is now the time to buy Dole? Access our full analysis report here, it's free. Shelf-Stable Food company B&G Foods (NYSE:BGS) jumped 4.5%. Is now the time to buy B&G Foods? Access our full analysis report here, it's free. Personal Care company Medifast (NYSE:MED) jumped 4.2%. Is now the time to buy Medifast? Access our full analysis report here, it's free. Personal Care company USANA (NYSE:USNA) jumped 4.1%. Is now the time to buy USANA? Access our full analysis report here, it's free. Beverages, Alcohol, and Tobacco company MGP Ingredients (NASDAQ:MGPI) jumped 3%. Is now the time to buy MGP Ingredients? Access our full analysis report here, it's free. Zooming In On B&G Foods (BGS) B&G Foods's shares are quite volatile and have had 17 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. B&G Foods is down 39.7% since the beginning of the year, and at $4.30 per share, it is trading 54% below its 52-week high of $9.34 from September 2024. Investors who bought $1,000 worth of B&G Foods's shares 5 years ago would now be looking at an investment worth $146.86. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
4 days ago
- Business
- Yahoo
Vital Farms, Hain Celestial, Beyond Meat, TreeHouse Foods, and Coty Stocks Trade Up, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as a surprisingly subdued inflation report fueled hopes for an imminent interest rate cut from the U.S. Federal Reserve. The July Consumer Price Index (CPI) report showed a year-over-year increase of 2.7%, which was slightly below market expectations. This tamer-than-expected inflation data was viewed by investors as a key signal that price pressures are easing. As a result, the market has strengthened its conviction that the U.S. Federal Reserve will implement an interest rate cut in September. The prospect of lower borrowing costs tends to boost corporate profitability and can stimulate economic activity, creating a more favorable environment for consumer-facing companies and fueling a broad-based market rally. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Perishable Food company Vital Farms (NASDAQ:VITL) jumped 3%. Is now the time to buy Vital Farms? Access our full analysis report here, it's free. Shelf-Stable Food company Hain Celestial (NASDAQ:HAIN) jumped 4.8%. Is now the time to buy Hain Celestial? Access our full analysis report here, it's free. Perishable Food company Beyond Meat (NASDAQ:BYND) jumped 3.1%. Is now the time to buy Beyond Meat? Access our full analysis report here, it's free. Shelf-Stable Food company TreeHouse Foods (NYSE:THS) jumped 4%. Is now the time to buy TreeHouse Foods? Access our full analysis report here, it's free. Personal Care company Coty (NYSE:COTY) jumped 3.8%. Is now the time to buy Coty? Access our full analysis report here, it's free. Zooming In On Hain Celestial (HAIN) Hain Celestial's shares are extremely volatile and have had 55 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Hain Celestial is down 69.5% since the beginning of the year, and at $1.83 per share, it is trading 79.9% below its 52-week high of $9.09 from October 2024. Investors who bought $1,000 worth of Hain Celestial's shares 5 years ago would now be looking at an investment worth $54.38. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Sprinklr, Procore, Alarm.com, and Pegasystems Stocks Trade Up, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after the SaaS sector continued to rally as favorable inflation data bolstered hopes for a Federal Reserve interest rate cut. This optimism was largely driven by a benign July Consumer Price Index (CPI) report, which solidified investor expectations for a Federal Reserve interest rate cut. Following the release of the inflation data, which showed a year-over-year increase of 2.7%, the probability of a rate cut in September surged to over 96%. Lower interest rates are typically beneficial for growth-oriented technology stocks, as they can reduce borrowing costs and increase the present value of future earnings. Adding to the positive sentiment was a 90-day delay in the imposition of higher tariffs on Chinese goods, which reduced trade-related uncertainty for the technology sector. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Customer Experience Software company Sprinklr (NYSE:CXM) jumped 3.4%. Is now the time to buy Sprinklr? Access our full analysis report here, it's free. Design Software company Procore (NYSE:PCOR) jumped 3.4%. Is now the time to buy Procore? Access our full analysis report here, it's free. Vertical Software company (NASDAQ:ALRM) jumped 4.4%. Is now the time to buy Access our full analysis report here, it's free. Automation Software company Pegasystems (NASDAQ:PEGA) jumped 3.2%. Is now the time to buy Pegasystems? Access our full analysis report here, it's free. Zooming In On (ALRM) shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. is down 3.1% since the beginning of the year, and at $57.95 per share, it is trading 15.8% below its 52-week high of $68.81 from December 2024. Investors who bought $1,000 worth of shares 5 years ago would now be looking at an investment worth $1,012. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
