Editor's note: "US Stock Gold Mining" Keep up with daily market trends, insight, and consolidate hot and outstanding stocks, providing multi-dimensional investment opportunities for Mooer and helping them grasp investment opportunities with one chart! Focus on: 1. Performance and stock prices take off! Global fast fashion giant $Gap Inc (GPS.US)$ soared nearly 29% after its performance, reaching a new high for the year. Gap announced its first fiscal 2023 first-quarter results, with net sales of $3.4 billion, exceeding analysts' expectations of $3.28 billion, and earnings per share of $0.41, with overall comparable sales growth of 3%, better than expected 0.91%. In addition, the gross profit margin for the quarter reached 41.2%, higher than analysts' forecast of 38.5%. Its subsidiary brand Old Navy's same-store sales grew by 3%, exceeding market expectations of 2.5%. Based on this, Gap raised its sales and operating profit outlook for the year. Baird has recently raised its target share price for Gap from $23 to $28, and Goldman Sachs has raised its target share price for Gap from $20 to $27. 2. US electric power stocks collectively agitated! The largest wind and solar power generator developer in the United States $NextEra Energy (NEE.US)$, the fourth largest power plant in the United States $Southern Company (SO.US)$, the power and natural gas company $CenterPoint Energy (CNP.US)$, and the electrical production and transmission company $Edison International (EIX.US)$ have all reached new highs for the year. On the news front, as AI technology often requires a lot of energy to develop and operate, utility stocks are becoming a new opportunity for investors. 3. Low-key AI beneficiaries! Data storage giantToday's weather is good Today's weather is good.Please use your Futubull account to access the feature.
1. Tesla's rival secures a $6.6 billion loan! The electric car manufacturer $Rivian Automotive (RIVN.US)$ soared more than 13% overnight, planning to build a new car factory.
On the news front, Rivian stated on Monday that the company has secured a loan of up to $6.6 billion approved by the US Department of Energy for the construction of its production facility in Georgia. Rivian announced in a statement that the factory in Georgia will begin operations in 2028 and plans to produce future cars here, such as the smaller, more affordable R2 SUV and R3 crossover.
California Governor Newsom issued a statement on Monday that if Trump cancels the $7,500 federal electric vehicle subsidy, California will revive the tax rebate program for zero-emission vehicles from 2010 to 2023 and double its commitment to clean air and green jobs in California.
2. The US real estate building materials market is booming! A $400 billion home furnishing giant $Home Depot (HD.US)$ joining hands with luxury home builders $Toll Brothers (TOL.US)$ Creating a historic new high together.
On the news front, the National Association of Realtors (NAR) in the USA recently released data showing that the annualized total sales of existing homes in October was 3.96 million households, expected 3.95 million, previous value 3.84 million households. In October, the total sales of existing homes increased by 3.4% month-on-month, marking the largest increase since February this year, with an expected increase of 2.9%, and a previous value of a 1% month-on-month decline. According to financial blog Zerohedge's statistics, existing home sales in October increased by 2.9% year-on-year, marking the first year-on-year increase since July 2021.
UBS Group's Chief Investment Officer and Stock Strategist, Jonathan Waranch, recently stated in a report that the commercial real estate market will benefit from a series of policies, including retaining the 1031 exchange agreement, maintaining the 199A transfer exemption and accelerated depreciation, as well as suspending attempts to implement any national rent control;
Evercore ISI maintains a 'outperform' rating for Home Depot and raises its target price from $415 to $430.
Apparel retail demand surges! Discount retail giant $TJX Companies (TJX.US)$ within the year rose nearly 35%, and the stock price hit a record high.
On the news front, UBS Group announced on Monday that due to strong apparel demand, there are signs indicating that the entire retail trade sector is expected to usher in a strong holiday shopping season, with the profits of soft outfit companies expected to be raised. UBS data shows that American consumers' consumption intention for soft commodities in the next 90 days has increased by 5.1% compared to the same period in 2023. Analysts say that based on the latest November market research, American consumers' consumption intention is strong and showing improvement trends.
Morgan Stanley maintains a 'buy' rating on TJX Companies and a target price of $130.
1. Setting new highs for US stock giants
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III. Popular U.S. stock gains and losses rankings
编辑/Wade