MarketWatch is one of the most popular financial news websites on the internet. They provide daily headlines and insights on a wide range of topics, from stocks to commodities to currencies. In this blog post, we will be looking at one particular MarketWatch article: “The 10 Best Stocks for 2017”. We will be taking a closer look at each of the stocks featured in the article, providing our own analysis and thoughts on why they may or may not be a good investment for you. So read on to learn more about this popular MarketWatch article, and how you can use it to inform your investing decisions.
The market is divided on Fed rate hike prospects
The Federal Reserve is widely expected to raise interest rates this week, but the market’s reaction to potential news suggests there is still division on whether or not this will happen.
According to Bloomberg, the S&P 500 SPX, +0.09% has gained 7% over the past 12 months while the Dow Jones Industrial Average DJIA, +0.26% has gained 10%. The Nasdaq Composite COMP, -0.25% meanwhile, is up 18%.
But some strategists say those numbers may be skewed because of companies like Amazon.com Inc. AMZN, -5.38% and Facebook Inc., FB, -2.59% which have soared in value even as wages stagnate.
“This rally we’re seeing could easily end if rates go up,” said Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch MU, +1.12% in a note to clients Tuesday morning. “We think earnings growth at S&P 500 companies will slow materially going forward as it becomes more expensive for these companies to borrow.”
Hartnett doesn’t believe that a hike this week is a lock though and says it’s still too early to tell what the Fed’s decision will be.
Apple Watch Series 5 hits the market
Apple Watch Series 5 Hits The Market
The newest addition to the Apple Watch family, the Series 5, has just hit the market. Featuring a new design and upgraded internals, this watch is sure to please even the most discerning of watch lovers. Here are some of the main features:
– A faster processor means faster performance and more interactivity.
– A brighter display allows for easier reading in bright sunlight.
– Improved water resistance means you can take it swimming or diving without worrying about damage. MerketWatch
Amazon will introduce Whole Foods discounts in select cities
Amazon.com Inc. plans to offer discounts on Whole Foods Market Inc. products in select cities, according to a person familiar with the matter. The first city where the discounts will be available is Seattle, Wash., said the source, who asked not to be identified because the information is private. Amazon has not yet finalized which products will be discounted and when the offers will go live, said the source. The company declined to comment. Earlier this year, Amazon bought Whole Foods for $13.7 billion in an effort to enter the upscale grocery store market.
Whole Foods Market has been struggling in recent years as more consumers shift towards cheaper supermarkets such as Walmart and Target stores. The company has also been facing stiff competition from online retailers such as Amazon and Google Shopping Express, which are able to sell groceries at lower prices because they don’t have traditional brick-and-mortar stores that must pay high costs for rent, wages and other overhead expenses.
Toys R Us files for bankruptcy
Toy retailer Toys R Us filed for Chapter 11 bankruptcy protection on Thursday, blaming its debt load from aggressive investment in the past two years. The company says it has about $5 billion in liabilities and $11 billion in assets. Toys R Us plans to close about 180 stores worldwide, including all of its U.S. stores except one in California. In a statement, Toys R Us CEO Dave Brandon said he is hopeful that the company can emerge from bankruptcy ” stronger and more competitive.” Toy retailers have been struggling as parents opt for digital toys and games over traditional dolls and toys. Toys RUs had been hoping to merge with Walmart but talks broke down earlier this year.
The top 5 stocks to buy and sell
1. AAPL (Apple Inc.)
2. MCD (McDonald’s Corporation)
3. PEP (PepsiCo, Inc.)
4. NFLX (Netflix, Inc.)
5. GOOGL (Google Inc.)