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MarketWatchOct 24, 2020
FA Center: ‘Trump stocks' have significantly lagged the U.S. market since 2016 — while ‘Clinton stocks' have soared
Investors should be wary of predictions about stocks to buy if Biden or Trump wins the 2020 election, writes Mark Hulbert.

The Motley FoolOct 24, 2020
2 Top Robinhood Stocks to Buy Right Now
These popular companies could be very profitable bets for your portfolio.

RELATED ARTICLES
2 Surefire Coronavirus Stocks to Buy Right Now (The Motley Fool)

Yahoo BusinessOct 23, 2020
Intel Dodges Wall Street Critics on Tough Earnings Call
(Bloomberg) -- Intel Corp.'s biggest critics on Wall Street didn't get a chance to question executives on its recent earnings conference call, a sign of mounting pressure on the chipmaker and its leadership.Intel stock plunged as much as 12% Friday following a report that detailed a drop in profitable data center chip demand and falling overall profitability. That follows a 16% share slump after its second-quarter results three months ago.The world's largest chipmaker is at the center of a debate about its future, one that its detractors are winning. They argue that multiyear delays in introducing new manufacturing technology has cost Intel its main competitive advantage and rivals are going to thrive at its expense. Intel counters that the company is posting record sales and expanding into new areas.Sanford C. Bernstein's Stacy Rasgon was among those who weren't called on to ask questions during Thursday's call. Of the eight analysts that were, five recommend buying the stock. In general, less than a third of recommendations on Intel's stock tracked by Bloomberg analytics are buy.Rasgon's absence was notable because he's one of the most outspoken critics of the company who often peppers management with tough questions. Around the end of Thursday's conference call, Rasgon tweeted "Cowards..." and posted a video clip from a Monty Python movie with knights fleeing a battle. It's unclear if he was referring to Intel.During July's earnings call, Rasgon clashed with Chief Executive Officer Bob Swan, who snapped back at

MarketWatch MarketPulseOct 23, 2020
Outback Steakhouse parent shares sink, presenting a 'buying opportunity,' analysts say
Bloomin' Brands Inc. sank 8.3% in Friday trading, which presents a "buying opportunity," according to Raymond James analysts. Before the opening bell, the restaurant company reported a third-quarter net loss of $17.6 million, or 20 cents per share, after net income of $9.2 million, or 11 cents per share, last year. An adjusted loss of 12 cents per share was narrower than the 32-cents-per-share loss FactSet forecast. Revenue of $771.3 million was down from $967.1 million last year and ahead of the $753.0 million FactSet consensus. U.S. comparable sales at Outback Steakhouse were down 10.4%, Carrabba's Italian Grill fell 9% and Bonefish Grill sank 22.5%. Bloomin' didn't furlough its workers during the first stages of the coronavirus pandemic, a decision that David Deno, the company's chief executive said was "paying off" in a statement. "Across the U.S. portfolio, we experienced consistent weekly sales momentum throughout the third quarter as we adapted to this evolving environment," he said, highlighting that the company was able to hold on to 50% of the off-premise volume it had when restaurants were closed even as dining rooms reopening during the third quarter. Bloomin' did not provide guidance due to the uncertainty of the pandemic. "[S]ales concerns seem to overlook the better-than-expected recovery in absolute sales volumes, which continued to grow sequentially in October," analysts said. Raymond James rates Bloomin' shares strong buy with a $21 price target. Bloomin' stock has fallen 26.4% for the year to date while the S&P 500 index is up 7.2% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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