QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)

MarketBeat: Week in Review 8/1 - 8/5

The jobs report for July came in hot. Nearly twice as many jobs were created than were forecast. That is having a predictable effect for investors that are following the market. That is, good news is bad news. In this case, the hot jobs number is likely to dispel investors of any notion that the Federal Reserve will take a more accommodative stance to monetary policy anytime soon. August tends to be a month of low volume so the long-term repercussions of this move may not be known for some time. In the meantime, you can count on the MarketBeat analysts to provide insight on the stocks and the stories that are moving the market. Here are some of the articles we believe you should look at this week.

Articles by Jea Yu

As part of our explainer series, Jea Yu educated investors on how to find support and resistance levels for a stock. These levels are important to investors because they are technical indicators that show if a stock is overvalued or undervalued. Yu is also looking at AutoNation (NYSE:AN) which is up 4% in 2022. Yu notes that the company hit an all-time high in quarterly profits in its most recent quarter and is seeing growth in the mid- and premium car segments. Another stock that is outperforming the market is BJ’s Wholesale Club Holdings (NYSE:BJ) which, as Yu notes, is up 3% for the year but may have more room to grow as consumers flock to warehouse clubs in an effort to mitigate the effects of inflation.

Articles by Thomas Hughes

Investors continue to seek out value stocks and this week Thomas Hughes identified two high-yield deep value stocks that are tied to the still growing RV market. For investors looking for some growth to go along with value, Hughes was analyzing the current state of play for Energy Transfer (NYSE:ET). As Hughes notes, the company’s “diversified approach to energy and its reliance on fee-based income make it stand out from other energy companies.” Hughes was also analyzing the news that Tesla (NASDAQ:TSLA) is issuing a three-for-one stock split. As Hughes points out, the stock split may provide the juice the electric vehicle market needs to continue its resurgence.


Articles by Sam Quirke

Amazon (NASDAQ:AMZN) has been a shining star in this earnings season. Like another tech stalwart, Apple (NASDAQ:AAPL) Amazon delivered a report that was outstanding, not just “less bad.” And as Sam Quirke notes, that is pushing AMZN stock up 35% off its 2022 lows and sets up the tech giant to be one of the best performing stocks for the third quarter.

Articles by Chris Markoch

In the last week of July, oil and gas companies confirmed what many investors already knew. Oil and gas companies delivered strong revenue and earnings. While many eyes are on the big names, Chris Markoch was advising investors to take a closer look at Devon Energy (NYSE:DVN). The company delivered a strong earnings report that included a hefty boost in free cash flow that supports the company’s already strong dividend. Markoch was less optimistic on the outlook for Intel (NASDAQ:INTC). Read his article for the one question that investors should be asking themselves before considering buying INTC stock. And for investors with a more speculative appetite, Markoch wrote about CRSPR Therapeutics (NASDAQ:CRSP). The company is a leader in the emerging sector of gene editing. However, as Markoch points out investors will need patience because the long-term payoff may be years away.

Articles by Matthew North

Matthew North was eyeing two beaten-down growth stocks to see if a reversal may be on tap. For Roku (NASDAQ:ROKU) the bullish case is that the “less bad” report from Netflix (NASDAQ:NFLX) may be a signal that it’s time to dive in on ROKU stock. But investors should take heed, the stock still looks overvalued. The same can be said for Nike (NYSE:NKE) which is down over 30% in 2022 but still appears to be overvalued by technical measures. However, as North writes, Nike still has some fundamental indicators that may provide some upside for investors. North was also looking at FuelCell Energy (NASDAQ:FCEL) which is caught in the back-and-forth negotiations over climate policy in Congress. FuelCell remains a long-term bet on the emergence of hydrogen fuel cells as a significant part of our national strategy for renewable energy. And North gives investors some positive indicators for FCEL stock as well as some reasons for concern.

Articles by Parth Pala

The U.S. economy is now in a recession by technical definitions. And Parth Pala was giving investors three stocks to consider for the simple reason that each of these defensive stocks outperformed the market in the last recession in 2008. And as electric vehicle stocks begin to recharge, Pala analyzed Rivian (NASDAQ:RIVN) and advised investors that the company will have to deliver on its production outlook to justify analysts’ current estimates for RIVN stock. Pala also offered a cautious outlook for PayPal (NASDAQ:PYPL). As Pala notes, the company beat analysts’ expectations in its recent earnings report. However, the company, and PYPL stock, still appear to face significant headwinds that suggest investors need to be careful before taking a position.

Articles by Kate Stalter

The saga surrounding Twitter (NYSE:TWTR) and Elon Musk can cause investors to take their eyes off the ball. Which, as Kate Stalter points out, means asking the question of whether TWTR stock is a good buy. If you’re on the fence about the stock, be sure to read Stalter’s article for insight on where Twitter fits in the social media landscape. Stalter was also offering her insights on Palantir (NYSE:PLTR) and Shopify (NYSE:SHOP). The enterprise software makers continue to struggle as the market is showing signs of reversing. Stalter was also looking at the pharmaceutical sector and specifically, these three pharma stocks, which although not outperforming the market may be worth keeping on your watchlist.   

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
AutoNation (AN)
2.2792 of 5 stars
$126.64-0.4%N/A5.45Moderate Buy$152.29
BJ's Wholesale Club (BJ)
2.1178 of 5 stars
$74.09+7.2%N/A22.32Moderate Buy$67.20
Energy Transfer (ET)
2.8044 of 5 stars
$11.93+2.7%7.71%9.54Buy$14.38
Tesla (TSLA)
2.416 of 5 stars
$908.61-0.4%N/A109.47Hold$856.23
Amazon.com (AMZN)
3.1388 of 5 stars
$142.30+0.1%N/A127.57Moderate Buy$177.99
Apple (AAPL)
2.5667 of 5 stars
$174.15-0.2%0.53%28.74Moderate Buy$181.13
Devon Energy (DVN)
3.1157 of 5 stars
$67.92+5.9%7.48%8.62Moderate Buy$75.24
Intel (INTC)
2.9803 of 5 stars
$36.17+1.1%4.04%7.75Hold$43.83
CRISPR Therapeutics (CRSP)
2.2279 of 5 stars
$72.15+0.6%N/A-8.77Moderate Buy$112.33
Roku (ROKU)
2.5944 of 5 stars
$77.91-0.7%N/A-216.42Hold$129.72
Netflix (NFLX)
2.8337 of 5 stars
$245.17+1.7%N/A21.79Hold$312.71
NIKE (NKE)
2.9671 of 5 stars
$116.01-0.9%1.05%30.85Moderate Buy$137.46
FuelCell Energy (FCEL)
1.5766 of 5 stars
$4.64-0.2%N/A-15.47Hold$4.88
Rivian Automotive (RIVN)
2.7179 of 5 stars
35.90-1.4%N/A-1.73Moderate Buy65.89
PayPal (PYPL)
3.2009 of 5 stars
$99.86+0.4%N/A57.39Moderate Buy$138.84
Twitter (TWTR)
1.5402 of 5 stars
$43.86-0.3%N/A-219.30Hold$43.85
Palantir Technologies (PLTR)
2.3319 of 5 stars
$9.15-3.0%N/A-33.89Hold$12.83
Shopify (SHOP)
2.3367 of 5 stars
$36.86-1.2%N/A-24.33Hold$72.49
Compare These Stocks  Add These Stocks to My Watchlist 

Should you invest $1,000 in AutoNation right now?

Before you consider AutoNation, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AutoNation wasn't on the list.

While AutoNation currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastESG - Profitably Invest Your Values

David McNatt discusses ESG investing and offers ways to avoid pitfalls and to understand exactly what kinds of companies you are buying.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.