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- Top Election Stock Picks 2024 🗳️
Top Election Stock Picks 2024 🗳️
And, Bitcoin's rough November start.
Today is Monday, November 4, 2024.
The Early Bird Index today is 72.32.
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Top Election Stock Picks 2024 🗳️
Tomorrow is Election Day in the U.S. — don’t forget to vote! Certain stocks may rise depending on who wins the White House, while others might decline. We explore this theme in a new episode of the Early Bird podcast.
Details: If Donald Trump wins on Tuesday, stocks in industries involving weapons, defense, oil and gas, American-made cars, and banking could increase.
However, international stocks could suffer due to new tariffs.
More Details: If Kamala Harris wins on Tuesday, Environmental, Social, and Governance funds, as well as stocks in clean energy and healthcare could go up.
However, banking stocks could face challenges due to the increased likelihood of new regulations.
Final Thoughts: Which specific stocks should you buy before Election Day? Find out by listening to a new episode of the Early Bird podcast.
Savvy Investors Know Where to Get Their News—Do You?
Here’s the truth: there is no magic formula when it comes to building wealth.
Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether it’s disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.
Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.
And the best part? It’s completely free. Join 1M+ readers and subscribe today.
Notables
Notable Earnings Today: Palantir Technologies (NYSE: PLTR), Constellation Energy (Nasdaq: CEG), Cleveland-Cliffs (NYSE: CLF), Marriott (Nasdaq: MAR), Hims & Hers Health (NYSE: HIMS), Wynn Resorts (Nasdaq: WYNN), Yum China (NYSE: YUMC), Lattice Semiconductor (Nasdaq: LSCC), NXP Semiconductors (Nasdaq: NXPI), Fox Corp (Nasdaq: FOXA), DigitalOcean (NYSE: DOCN), Astera Labs (Nasdaq: ALAB), Fidelity National Information Services (NYSE: FIS), BioNTech (Nasdaq: BNTX), Goodyear Tire (Nasdaq: GT), Fabrinet (NYSE: FN), Navitas Semiconductor (Nasdaq: NVTS), Franklin Resources (NYSE: BEN), Freshpet (Nasdaq: FRPT), Illumina (Nasdaq: ILMN), 8x8 (Nasdaq: EGHT), Alpha and Omega Semiconductor (Nasdaq: AOSL), Affiliated Managers Group (NYSE: AMG), Altice USA (NYSE: ATUS), Aspen Technology (Nasdaq: AZPN), BioCryst Pharmaceuticals (Nasdaq: BCRX), Bright Horizons (NYSE: BFAM), BWX Technologies (NYSE: BWXT), CareDx (Nasdaq: CDNA), Choice Hotels (NYSE: CHH), Cirrus Logic (Nasdaq: CRUS), Cushman & Wakefield (NYSE: CWK), Entegris (Nasdaq: ENTG), EverQuote (Nasdaq: EVER), Forward Air (Nasdaq: FWRD), Frontdoor (Nasdaq: FTDR), Glaukos (NYSE: GKOS), Hologic (Nasdaq: HOLX), ICHOR Corporation (Nasdaq: ICHR), Inspire Medical Systems (NYSE: INSP), Integra (Nasdaq: IART), Knife River Corp. (NYSE: KNF), Krystal Biotech (Nasdaq: KRYS), Marqeta (Nasdaq: MQ), Napco Security Systems (Nasdaq: NSSC), Owens & Minor (NYSE: OMI), PRA Group (Nasdaq: PRAA), QuinStreet (Nasdaq: QNST), Revvity (NYSE: RVTY), Sanmina (Nasdaq: SANM), SelectQuote (NYSE: SLQT), Sensata Technologies (NYSE: ST), Silicon Labs (Nasdaq: SLAB), Supernus Pharma (Nasdaq: SUPN), Teradata (NYSE: TDC), The Baldwin Group (Nasdaq: BWIN), TPG Inc. (Nasdaq: TPG), Triumph Group (NYSE: TGI), TrueBlue (NYSE: TBI), V2X (NYSE: VVX), Vertex Pharmaceuticals (Nasdaq: VRTX), Zoetis (NYSE: ZTS).
Notable IPOs Today: Future Vision II Acquisition Corporation Ordinary shares (Nasdaq: FVN), Sunrise Communications AG American Depositary Shares representing Class A shares When Issued (Nasdaq: SNREV).
Notable Equity Crowdfunding Campaigns Ending Today: StorEn Technologies (StartEngine), HustlePay (Wefunder), Stay Pittsburgh (Honeycomb), Sweater (StartEngine), Wolfpack Financial (Wefunder), Mr. Meat Master (StartEngine).
Notable Economic Events Today: Factory Orders (10:00 a.m. ET).
Bitcoin's Rough November Start
Bitcoin’s price is down 1.5% in early November as the cryptocurrency world awaits this week’s interest rate decision from the Federal Reserve.
Final Thoughts: Part of the reason for the recent price decline is profit-taking because Bitcoin is up 56% this year.
Blackstone Might Buy Shopping Center Owner
Reuters reported Sunday that Blackstone (NYSE: BX) is in advanced talks to acquire the shopping center owner Retail Opportunity Investments (Nasdaq: ROIC).
Final Thoughts: Blackstone is up 31% this year.
Trends to Watch
Prime Pick: Ethereum is like ‘Amazon in the 1990s (Cointelegraph)
Chippy: Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK's chairman says (Reuters)
M&A Alert: Whether 7-Eleven Is Bought or Not, Convenience-Store Consolidation Looms (Wall Street Journal)
Trying to Take Off: Boeing Had a Big Week. This One Is Even Bigger. (Barron’s)
Closing: Investment Crowdfunding Platform Equitise Enters Administration After Failing to Secure Funding (Crowdfund Insider)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.