Thursday, March 11, 2021

Today’s stock pick update – Open Now

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Jobless Claims Rose Less Than Expected As President Biden Prepares To Sign $1.9 Trillion Stimulus Deal

As President Joe Biden prepares to sign the $1.9 trillion coronavirus relief package passed by the House yesterday, the Labor Department reported jobless claims rose less than expected last week. Initial claims for the week ended March 6 came in at 712,000, below economists’ estimate for a reading of 725,000. Continuing claims fell to 4.1 million, marking a pandemic era low, while the total number of claims for all unemployment programs was 20.1 million. “This once again ...

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ChromaDex Corp (NASDAQ: CDXC): ChromaDex shares jumped a much as 29% yesterday after the company announced that its flagship consumer product and industry-leading NAD booster Tru Niagen® will be available in 3,000 Walmart retail stores in the U.S. beginning in June. We believe Tru Niagen® is one of the most important new dietary supplements to emerge in many years,” ChromaDex C...

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SNDR is an interesting value in the Transportation industry

For the stock market, the last year has marked a bit of divergence from that traditional model I just described, as investors have been anxious to look past the “pandemic effect” that forced many industries into clear recessionary conditions, and unemployment to spike to historically high levels not seen in decades. That has pushed a lot of industries higher over the past year, to levels that a value-oriented analyst like myself can only consider as being overpriced. In cyclical industrie...

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Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com.


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