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NIKE, Inc. (NKE) - free report >>
Netflix, Inc. (NFLX) - free report >>
Micron Technology, Inc. (MU) - free report >>
Conagra Brands (CAG) - free report >>
lululemon athletica inc. (LULU) - free report >>
Tesla, Inc. (TSLA) - free report >>
Stocks Hit Records, Nike Earnings & Buy this Biofuel Stock - Free Lunch
On today’s episode of Free Lunch here at Zacks, Associate Stock Strategist Ben Rains dives into the House vote to impeach President Trump, which has Americans equally divided. We then discuss why 2020 could be another strong year for stocks before we preview Nike (NKE - Free Report) earnings. The episode then closes with why Enviva Partners, LP is a Zacks Rank #1 (Strong Buy) stock right now.
The House voted to impeach the president for just the third time in U.S. history Wednesday. But with President Trump’s trial headed to the Senate, the American people are as equally divided across party lines as Congress.
Despite impeachment and the upcoming Senate trial, the Dow, S&P 500, and Nasdaq all jumped to new highs in morning trading Thursday. The S&P 500 is now up over 26% in 2019 and economic indicators and analyst expectations point to a continued expansion in 2020.
Netflix (NFLX - Free Report) , Tesla (TSLA - Free Report) , Walgreens (WBA - Free Report) , Micron (MU - Free Report) , and others all jumped roughly 3% to help drive Thursday’s climb. Conagra Brands (CAG - Free Report) also soared nearly 20% after it reported solid quarterly results
Peeking ahead, Nike is set to report its quarterly results after the closing bell Thursday. Wall Street will continue to watch for Nike’s digital expansion as it faces steeper competition from the likes of Adidas (ADDYY - Free Report) and upstart Lululemon (LULU - Free Report) .
We then finish with why Enviva Partners is a Zacks Rank #1 (Strong Buy) stock right now.
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