Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Today Wall Street will digest nonfarm payrolls, the unemployment rate, average hourly earnings, and the labor-force participation rate for 25- to 54-year-olds.
The following public companies are slated to release corporate earnings today, December 2:
Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL — $113.56) develops and operates the Cracker Barrel Old Country Store concept in the United States. Cracker Barrel will report its Q1 earnings of 2023 before the bell today.
Genesco Inc. (NYSE:GCO — $48.41) operates as a retailer and wholesaler of footwear, apparel, and accessories. Genesco will report its Q3 earnings of 2023 before the bell today.
Manchester United plc (NYSE:MANU — $22.56) provowns and operates a professional sports team in the United Kingdom. Manchester United will report its Q1 earnings of 2023 before the bell today.
Looking ahead to next week, the week will bring the final S&P U.S. services purchasing managers’ index (PMI) and the final demand producer prince index (PPI), among other relevant economic indicators.
Meanwhile, the earnings docket features reports from AutoZone (AZO), C3.ai (AI), Campbell Soup (CPB), Chewy (CHWY), Dave & Buster’s Entertainment (PLAY), DocuSign (DOCU), GameStop (GME), lululemon athletica (LULU), Oracle (ORCL), Signet Jewelers (SIG), Stitch Fix (SFIX), and United Natural Foods (UNFI).
The housing market is one of the most cyclical sectors for investors to navigate. During bull markets, you can metaphorically put on a blindfold, throw a dart at a listing of stock tickers, and make a profit. And as you know the housing market is one of the first sectors to recover in a bull market.
The opposite is true as well. The housing market is one of the first sectors to signal economic pain is on the horizon. Just in the past 30 years, you can see the correlation between the housing market and the broader market.
But there’s always money to be made in the market, if you know where to look. There are several companies that investors can look to during a housing downturn. That’s the focus of this special presentation. These companies give investors reasons beyond home building or home buying to own their stock. These may not be robust growth stocks, but during a housing downturn, you’ll take a little growth over a loss any day.
View the Stocks Here .
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
