The S&P 500 SPX,
it may be poised to break with a series of losses on Tuesday as stock futures grow in hopes surrounding Washington’s latest efforts for stimulus bills.
That’s after the rise in COVID-19 cases and blocking concerns drove Monday’s action spicy.
In fact, it looks like the issue will be more volatile by 2021, as investors wait to see how these vaccines will develop.
The research and trade group MKM Partners, in its prospects for next year, is positive: “We expect strong growth above the trend for 2021, as vaccines and the best therapeutic efforts of nationwide boot reopening “.
For ours call of the day, we focus on a handful of actions that MKM considers worthy bets for 2021.
Among them is a well-known social media giant. “We believe the Facebook FB,
the innovation pipeline in adjacent and incremental revenue opportunities such as trade, payments, virtual reality and cryptocurrency will allow it to have lasting growth (> 20%) for the foreseeable future, ”said Rohit Kulkarni, analyst at MKM.
Its 12-month target price for Facebook is $ 330, up 20% from Monday’s closing price of $ 274. Risks for investors include increased regulatory pressures and a slowdown in commitment.
Read: U.S. regulators are ordering Facebook and other social media companies to reveal how they collect information
Toy manufacturer Hasbro HAS,
it also gets its head around it, as analyst Eric Handler sees the industry entering 2021 with low inventory and therefore little oversupply. And the deployment of COVID-19 vaccines should spur more Hollywood movies, helping Hasbro sell related merchandise.
“The combination of having full toy production capabilities combined with catalysts associated with feature film premieres, eOne [Entertainment One, which Hasbro acquired in 2019] synergies and video game development should fuel record results in 2021 in both revenue and EPS [earnings per share]Handler said.
Its price target of 104 months per dollar per month implies a 15% increase over Monday’s close of $ 90.11. The speed with which entertainment returns to normal is a risk to Hasbro.
Another option is fast food giant McDonald’s MCD,
“We look for its current recovery and growth to come from menu, operations, convenience and digital initiatives, following the last years of revolutionary changes, through its asset upgrades, technology introduction and delivery initiatives,” he said. analyst Brett Levy.
Levy’s $ 255 12-month target implies a 20% rise from Monday’s close of $ 211.
MKM is also bullish on the oil and natural gas company Diamondback Energy FANG,
Analyst John Gerdes points to a “higher” operating cash margin and lower expenses, among other positive aspects, and its $ 66-month 12-month stock price target represents about 43% gain since Monday’s close of $ 46.
The final choice is Curaleaf CURE,
which adapts to MKM’s preferences in the field of cannabis for multistate operators. Analyst Bill Kirk has a one-year price target of CA $ 18 at Curaleaf, implying a gain of approximately 24% over Monday’s close of $ 14. Large growing operations in New Jersey and New York are among its advantages, he says.
The markets
YM00 futures,
ES00,
NQ00,
are rising, alongside European shares SXXP,
and Asia had a mostly negative session. CL.1 oil prices,
they are softer after reaching a nine-month high on Monday. The International Energy Agency says oil demand will not return completely in 2021.
The buzz
There is a survey of New York manufacturers, along with import prices and industrial production. The two-day Federal Reserve meeting begins Tuesday (see preview). In China, a new amount of official data shows that its economy is booming.
U.S. lawmakers unveiled a $ 908 billion bipartisan bill for the coronavirus Monday afternoon, while the clock is ticking for Capitol Hill holidays.
Apple AAPL,
it is reportedly planning to increase iPhone production by about 30% during the first half of 2021, to keep up with demand for its new 5G handsets.
Preholidays COVID-19 blockades continue to spread across Europe. London is taking tighter measures from Wednesday, as is much of the south-east of England, which has been hit by a new strain of the virus that is spreading rapidly. This is when New York is much closer to its own blockade.
Joe Biden has been officially declared president-elect by the Electoral College.
The graph
Random readings
In a pandemic year, the Christmas tree business is booming.
Perhaps 2020 was not the year for the Vatican to shake its crib.
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