The Dow stocks have finally had a chance to out-flex the outperforming, tech-heavy Nasdaq 100 for a change. With value plays, mid-caps, and “boring” blue chips starting to gain steam over their high-flying tech counterparts, the market rally’s breadth stands to improve. For new investors concentrated in the high-tech AI plays, such a so-called rotation that played out may have been a bit painful.Fortunately, it’s never too late to start thinking about diversifying your portfolio. A continuation to mid-cap s ...

MedTech Industry Overview - The MedTech industry reached a valuation of $503.2 billion in 2022 and is projected to grow to $776.5 billion by 2033, implying a CAGR of 4.4% [1] - Key growth areas over the next five years include cardiovascular health, digital healthcare, and robotics [1] - Rising global prevalence of chronic conditions like diabetes, cardiovascular disease, and obesity is driving MedTech relevance [1] Johnson & Johnson (JNJ) - J&J operates in pharmaceuticals and medical devices, covering orthopedics, surgery, interventional solutions, and vision care [3] - The company posted an average EPS of $2.62 in the past year, beating consensus estimates by 3.28% [3] - JNJ stock trades at 4.5X trailing-year sales, with analysts projecting EPS of $10.71 and revenue of $91.11 billion by fiscal 2025 [4] Abbott Laboratories (ABT) - Abbott offers solutions in diagnostics, nutrition, pharmaceuticals, and medical devices, with a strong presence in cardiovascular and diabetes care [5][6] - The company achieved an average EPS of $1.11 in the past year, slightly beating consensus estimates by 2.6% [6] - ABT stock trades at 4.5X sales, with analysts forecasting 5% EPS growth to $4.66 and 4.1% revenue growth to $41.74 billion by year-end [7] Edwards Lifesciences (EW) - Edwards specializes in structural heart diseases, focusing on heart valve replacement technologies and critical care monitoring systems [8] - The company posted an average EPS of 65 cents, beating consensus estimates by 1 cent [8] - EW stock trades at 6.72X trailing-year sales, with analysts projecting 8% EPS growth to $2.70 and 6.4% revenue growth to $6.39 billion by year-end [9] Glaukos (GKOS) - Glaukos develops devices and therapeutics for glaucoma, corneal disorders, and retinal diseases, pioneering micro-invasive glaucoma surgery [10] - The company reported a loss per share of 60 cents in the past year, worse than the anticipated 56-cent loss [10] - GKOS stock trades at 18X sales, with analysts projecting significant revenue growth to $451.62 million by fiscal 2025 [10] Inari Medical (NARI) - Inari develops minimally invasive catheter-based devices for venous diseases, including its LimFlow product for chronic limb-threatening ischemia [11] - The company posted an average loss per share of 5 cents, better than the expected 8-cent loss [11] - NARI stock trades at 5.89X sales, with analysts forecasting 21.3% revenue growth to $598.72 million by 2024 [12] iRhythm Technologies (IRTC) - iRhythm specializes in ambulatory cardiac monitoring services, known for its Zio Monitor patch for arrhythmia detection [13] - The company reported a loss per share of $1, worse than the expected 74-cent loss [13] - IRTC stock trades at 5.3X sales, with analysts projecting 18.4% revenue growth to $583.5 million by fiscal 2024 [14] SI-Bone (SIBN) - SI-Bone offers minimally invasive surgical implants for sacroiliac joint dysfunction [15] - The company posted an average loss per share of 27 cents, better than the expected 33-cent loss [15] - SIBN stock trades at 4.19X sales, with analysts forecasting 18.8% revenue growth to $165.05 million by year-end and further growth to $191.54 million in the following year [16]

Core Insights - The increasing demand for electric vehicle (EV) charging stations is driving investments from both public and private sectors, which is expected to boost EV charging stocks [1][2]. Industry Overview - Automakers such as BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis are collaborating to establish a network of 30,000 new EV charging stations across North America [2]. - BP plans to invest $1 billion in EV charging infrastructure in the U.S. by 2030 to support the demand for EV rentals from Hertz [2]. Consumer Sentiment - A significant barrier to EV adoption is the lack of public charging stations, with approximately 77% of potential buyers citing this as a concern [3]. Investment Opportunities - EVgo (NASDAQ:EVGO) has seen its stock price rise from around $1.66 in April to $3.71, with potential for further gains if it surpasses resistance at $4.09 [4]. - Analysts at Benchmark have raised EVgo's price target from $3 to $5, citing increased utilization of charging networks and positive market sentiment [5]. - Beam Global (NASDAQ:BEEM) reported new second-quarter orders of $10.6 million, a 128% year-over-year increase, and is considered a strong buy [6][7]. - Blink Charging (NASDAQ:BLNK) is currently trading between $2.30 and $3.75, with potential to reach $7 as EV charging momentum grows [8][9]. Financial Performance - Beam Global reported a revenue of $14.6 million, up 12.1% year-over-year, although it missed estimates by $4.71 million [7]. - Blink Charging's first-quarter revenue increased by 73% to $37.6 million, with product revenue up 68% to $27.5 million [10].

Industry Overview - The cybersecurity sector is expected to experience significant growth over the next decade, driven by the increasing prevalence of cybercrimes, making cybersecurity stocks a compelling long-term investment opportunity [1] - According to McKinsey & Company, the cybersecurity market represents a $2 trillion opportunity, with global spending exceeding $150 billion annually, projected to rise due to the costs associated with data breaches [2] Demand and Market Trends - The demand for cybersecurity solutions is strong, particularly in areas such as cloud security, endpoint security, and threat detection, with global average data breach costs increasing by 10% in 2024 [3] - Organizations are prioritizing cybersecurity in their budgets as they face rising costs from data breaches [3] Company Highlights Check Point Software (CHKP) - Check Point Software is recognized as a leading cybersecurity stock, offering a comprehensive range of solutions including cloud security, endpoint security, and threat detection [4] - The company has over three decades of experience in the cybersecurity industry and has consistently innovated its offerings [5] - Check Point's Infinity Platform provides full-stack cybersecurity solutions, leveraging AI for threat detection, and reported a 7% revenue increase to $627 million, with security subscription revenues rising 14% to $272 million [6][7] Qualys (QLYS) - Qualys specializes in cloud security and compliance solutions, with a market capitalization of approximately $5.5 billion, indicating significant growth potential [8] - The company's TruRisk platform is a leading vulnerability management solution, catering to various customer sizes [8] - Qualys reported a 12% revenue increase to $146 million and a 35% rise in earnings per share to $1.05, demonstrating strong financial performance [9][10] CACI International (CACI) - CACI operates primarily in the intelligence and defense sectors, providing network security and multi-cloud security solutions [11] - The company has a strong relationship with U.S. federal government agencies, leading to consistent revenue and earnings growth [12] - In fiscal Q3 2024, CACI's revenue increased by 11% to $1.94 billion, with earnings per share rising 18% to $5.13, supported by new contract awards totaling $3.5 billion [13]

On July 24, the stock market showed its first signs of instability this year. The Nasdaq composite dipped 3.6% in one day due to a broad selloff of the tech industry. This type of investor behavior was likely due to some form of institutional, advanced knowledge or realization that the broader stock market and tech sector may truly be overvalued. As a result, a few major artificial intelligence stocks stumbled slightly from the reminder that the rally experienced over the last year in the stock market may n ...

Nvidia (NASDAQ:NVDA) is one of the hottest stocks of the past year, riding high on the artificial intelligence hype cycle. However, the chipmaker’s shares lost their luster in recent weeks, plunging 15% from its peak in June. This pullback occurred even without Nvidia posting any concerning financial results.As a semiconductor company, Nvidia stock is naturally volatile and underperforming during broader market downturns. And I believe shares will fall further in the near term if the current bearish sentime ...

China’s CSI 300 Index has been in a downtrend since February 2021. While the Chinese government has been hesitant to provide stimulus in the past, the country is running out of options to boost its economy. That could provide a helping hand to Nio (NYSE:NIO).Officials from China have suggested that consumer stimulus will be necessary in order to reach yearly economic growth targets. This comes amid a housing crisis and rampant deflation. Declining housing prices have especially affected consumer demand, as ...

Boeing (NYSE:BA) named Kelly Ortberg its new CEO as it released second-quarter earnings.The aerospace giant lost $1.44 billion, $2.33 per share, on revenue of $16.87 billion during the quarter. Ortberg was with defense contractor RTX (NYSE:RTX), formerly Raytheon, before retiring in 2021. BA stock was up 1.4% overnight, opening this morning at about $188 per share. That’s a market capitalization of $115 billion on 2023 revenue of $78 billion.Kelly Ortberg’s TaskOrtberg spent 35 years in the defense business ...

If we look at the returns of various asset classes in the last twenty years, commodities are the most undervalued. During this period, the Bloomberg Commodity Index has delivered negative returns at a CAGR of 0.4%. Of course, this has been amidst volatility, but there is a strong case for healthy returns from commodities in the next five to ten years. From an investment perspective, it’s a good time to consider undervalued industrial commodity stocks.Besides the long-term factor, there is another reason to ...

Investors have always looked at growth stocks to make relatively safe and steady returns. This is because these companies, while well-established, seem to be undervalued, providing a great entry price for investors. Over time, as the overall valuation grows, so does the value of the initial investment. Growth stocks like NVIDIA (NASDAQ:NVDA), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) have given many of their initial investors more than a thousand times their initial investment.While I can’t promise this ...