Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Source: https://www.zacks.com/stock/news/2812400/these-2-finance-sto…
When it comes to artificial intelligence (AI) and quantum computing, large and mega-cap stocks have captured the majority of investor attention. All of the Magnificent Seven companies play some role in AI, from NVIDIA’s NASDAQ: NVDA advanced chips to Tesla’s NASDAQ: TSLA pursuit of autonomous driving.
Donald Trump signed an executive order on Dec. 18 to fast-track the Food and Drug Administration’s review to reclassify cannabis as a Schedule III substance under the Controlled Substances Act. Pot stocks Trulieve Cannabis, Curaleaf, Cresco Labs, Green Thumb Industries, and Canopy Growth plummeted by up to 39% due to the scope of Trump’s intentions.
State Street SPDR S&P Semiconductor ETF remains a buy, supported by strong momentum and a favorable technical setup. XSD outperformed the S&P 500 by 15 percentage points since July, with a 26% total return and a reasonable 25.1x P/E ratio. The ETF’s modified equal-weight structure limits single-stock risk, with top 10 holdings at just 29.3% and a focus on US SMID caps.
