1 Stock to Buy, 1 Stock to Dump This Week: Visa, Intel

16 days ago Investing.com Canada

INTC +2.81% Add to/Remove from a Portfolio V +1.77% Add to/Remove from a Portfolio NDX +2.86% Add to/Remove from a Portfolio US500 +1.89% Add to/Remove from a Portfolio DJI +1.00% Add to/Remove from a Portfolio BA -0.16% Add to/Remove from a Portfolio CVX +1.06% Add to/Remove from a Portfolio T +1.53% Add to/Remove from a Portfolio MSFT +3.57% Add to/Remove from a Portfolio MMM +1.87% Add to/Remove from a Portfolio AAPL +1.92% Add to/Remove from a Portfolio AMZN +3.81% Add to/Remove from a Portfolio NVDA +6.41% Add to/Remove from a Portfolio MA +2.27% Add to/Remove from a Portfolio LMT +0.90% Add to/Remove from a Portfolio LUV +1.67% Add to/Remove from a Portfolio IBM +0.41% Add to/Remove from a Portfolio VZ -0.15% Add to/Remove from a Portfolio JNJ -0.47% Add to/Remove from a Portfolio GE +1.07% Add to/Remove from a Portfolio TXN +1.21% Add to/Remove from a Portfolio AMD +3.49% Add to/Remove from a Portfolio NQH3 +2.82% Add to/Remove from a Portfolio TSLA +4.91% Add to/Remove from a Portfolio IXIC +2.66% Add to/Remove from a Portfolio TSM +2.98% Add to/Remove from a Portfolio PSQ -2.80% Add to/Remove from a PortfolioMicrosoft + Tesla earnings, Q4 GDP data, PCE inflation in focus. Visa stock is a buy amid strong profit, sales growth. The earnings agenda also consists of other high-profile companies, such as Boeing (NYSE: ), Chevron (NYSE: ), 3M (NYSE: ), Johnson & Johnson (NYSE: ), AT&T (NYSE: ), Verizon (NYSE: ), Mastercard (NYSE: ), Southwest Airlines (NYSE: ), General Electric (NYSE: ), and Lockheed Martin (NYSE: ). At current levels, Visa has a market cap of $462 billion, making it the seventh most valuable company in the world. Notwithstanding the recent turnaround, INTC stock remains about 58% away from its January 2020 all-time high of $69.29.
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S&P 500 Slips as Mega Slide in Meta Weighs By Investing.com

© ReutersUS500 -0.21% Add to/Remove from a Portfolio DJI +1.04% Add to/Remove from a Portfolio BA +4.95% Add to/Remove from a Portfolio CAT +8.20% Add to/Remove from a Portfolio MSFT -1.56% Add to/Remove from a Portfolio MCD +3.67% Add to/Remove from a Portfolio GOOGL -2.71% Add to/Remove from a Portfolio AAPL -2.73% Add to/Remove from a Portfolio AMZN -3.74% Add to/Remove from a Portfolio MRO +1.77% Add to/Remove from a Portfolio VLO +1.44% Add to/Remove from a Portfolio HON +3.82% Add to/Remove from a Portfolio BKR +2.52% Add to/Remove from a Portfolio IXIC -1.26% Add to/Remove from a Portfolio US10Y... -1.58% Add to/Remove from a Portfolio META -24.28% Add to/Remove from a Portfolio SPX -0.46% Add to/Remove from a Portfolio GOOG -2.20% Add to/Remove from a Portfolio MEGA +4.89% Add to/Remove from a PortfolioBy Yasin EbrahimInvesting.com -- The S&P 500 slipped Thursday, as a Meta-led slump in big tech offset a jump in cyclical sectors including industrials and energy stocks. Meta Platforms (NASDAQ: ) fell 24% after reporting that missed on the bottom line and were an “absolute train wreck,” Wedbush said in a note. Meta’s results arrived just a day after Alphabet (NASDAQ: ) and Microsoft (NASDAQ: ) reported underwhelming quarterly results. Apple (NASDAQ: ) and Amazon.com (NASDAQ: ) close the curtain on big tech earnings this week, with reports after market closes. “We are therefore likely nearing a peak in yields, which we expect to be around 4% at the end of this year.”

3 months ago Investing.com Canada
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