Core Viewpoint - US stocks have experienced a significant uptrend, with the S&P 500 index rising over 35% since its low in April, yet certain outperforming stocks remain undervalued heading into 2026, presenting potential investment opportunities [4][6]. Group 1: CVS Health - CVS Health has seen a remarkable increase in its stock price, climbing over 78% this year, while trading at a forward earnings multiple of just 11x, which is below the S&P 500 average [7][5]. - The company reported strong Q3 financials and raised its earnings guidance, attributing this to the strength in its insurance business [7]. - Technical indicators show CVS stock is above all major moving averages, and the consensus rating is a "strong buy," with a target price suggesting nearly 20% upside potential [8]. - CVS also offers a healthy dividend yield of 3.33%, making it an attractive option for investors [9]. Group 2: Micron Technology - Micron Technology's stock has nearly tripled since the beginning of the year, yet it maintains a modest forward earnings multiple of 12x [10]. - The company is benefiting from a shortage in dynamic random-access memory (DRAM), which is driving earnings growth, and it has a consensus "buy" rating with price targets suggesting nearly 50% upside potential [11][10]. - The demand for chips related to artificial intelligence (AI) further enhances Micron's growth prospects, making it a standout candidate for investment in 2026 [11]. Group 3: Newmont Corporation - Newmont Corporation, the largest gold producer globally, has outperformed the broader market, with its stock valuation at 5x sales, which is attractive compared to peers [12]. - The stock serves as a hedge against market volatility and policy uncertainty, especially with stable gold prices anticipated heading into 2026 [12]. - Newmont offers a dividend yield of 1.1%, appealing to income-focused investors while providing defensive qualities and growth potential outside of tech and healthcare sectors [13].

Core Insights - The crude oil market experienced muted activity due to the US Thanksgiving celebrations [1] - The USO ETF continued to extend its previous gains after rebounding from a one-month low [1]

European equities eked out a modest gain on Thursday, with the pan-European Stoxx 600 reversing early losses to finish 0.12% higher as investors assessed a shifting global economic landscape, incoming... ...

Core Viewpoint - Recent weeks have highlighted the volatility of markets, with rapid shifts in direction that can outpace investor comprehension [1] Group 1 - Early November saw numerous warnings regarding the potential for an AI bubble, indicating concerns about inflated valuations [1] - There is a growing apprehension about the risk of significant market drawdowns, suggesting a cautious outlook among investors [1]

Core Viewpoint - Tilray's stock price has shown signs of recovery, rising for three consecutive days and reaching a high of $1.03 in New York, up from a low of $0.8740 earlier this month [1] Price Movement - The stock price increased to $1.03, indicating a positive trend in the market [1] - The recent low was recorded at $0.8740, highlighting a significant rebound in the stock's performance [1] Market Sentiment - The three-day consecutive rise suggests a potential shift in investor sentiment towards Tilray, reflecting growing confidence in the company's stock [1]

Core Viewpoint - Digital Connexion is a joint venture formed between Reliance Industries Ltd. and Brookfield Asset Management Ltd. [1] Group 1 - The joint venture aims to enhance digital infrastructure and connectivity solutions [1] - Reliance Industries is leveraging its expertise in telecommunications and digital services [1] - Brookfield Asset Management brings significant investment capabilities and experience in managing infrastructure assets [1]

Artificial intelligence stocks are not overheating — they are just beginning to show their potential. That is the view of Wedbush Securities analyst Dan Ives, who says Wall Street bears are mistaking ... ...

Core Insights - India's defense sector is poised for significant growth, with a target to double military production to 3 trillion rupees (approximately $33 billion) by 2029 [1] Industry Overview - The Indian government is focusing on enhancing its defense capabilities and production capacity, indicating a strategic shift in military investment [1] - This initiative reflects India's broader ambition to strengthen its defense industry and reduce reliance on foreign imports [1]

Group 1 - The core viewpoint is that Unite Group Plc, the largest student accommodation provider in Britain, has experienced a significant decline in its share price, reaching its lowest level in over ten years due to a bleak outlook for the upcoming year [1]

Core Viewpoint - Puma shares experienced a significant increase of over 13% following reports that Anta Sports, a major Chinese sportswear company, is considering a potential acquisition of the German athletic brand [1] Company Summary - The stock price surge of Puma is attributed to the speculation surrounding Anta Sports' interest in making a bid for the company [1] - This potential acquisition could indicate a strategic move by Anta Sports to expand its global presence and diversify its brand portfolio [1] Industry Summary - The news reflects ongoing consolidation trends within the sportswear industry, where major players are seeking to enhance their market positions through acquisitions [1] - The interest from Anta Sports highlights the competitive landscape in the athletic apparel market, particularly as companies look to leverage growth opportunities in international markets [1]