Machinery Stocks – MS Factory http://ms-factory.biz/ Fri, 08 Oct 2021 15:18:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://ms-factory.biz/wp-content/uploads/2021/06/icon-10-150x150.png Machinery Stocks – MS Factory http://ms-factory.biz/ 32 32 Farmland is valuable, but fund investors find it difficult to buy https://ms-factory.biz/farmland-is-valuable-but-fund-investors-find-it-difficult-to-buy/ https://ms-factory.biz/farmland-is-valuable-but-fund-investors-find-it-difficult-to-buy/#respond Fri, 08 Oct 2021 12:00:07 +0000 https://ms-factory.biz/farmland-is-valuable-but-fund-investors-find-it-difficult-to-buy/ invoice Gates bought huge areas of arable land. Warren E. Buffett acquired a 400 acre farm in Nebraska in the 1980s that produced corn and soybeansSpice that this investment in agriculture “had no disadvantages and potentially had significant advantages”. This logic may seem tempting. But can investors in mutual funds or exchange traded funds follow […]]]>

invoice Gates bought huge areas of arable land. Warren E. Buffett acquired a 400 acre farm in Nebraska in the 1980s that produced corn and soybeansSpice that this investment in agriculture “had no disadvantages and potentially had significant advantages”.

This logic may seem tempting. But can investors in mutual funds or exchange traded funds follow Gates and Buffett’s lead? Yes, but only indirectly, unless you buy corn fields or cow pastures yourself. No mutual fund or ETF owns all land.

Instead, funds and ETFs hold the stocks of agribusiness companies like Deere & Company and Archer-Daniels-Midland or buy futures contracts for commodities like corn, soybeans and wheat.

The investment case for arable land – and thus for a fund that could be representative of it – boils down to two words: scarcity and necessity. Farmland is limited – less than a fifth of the area in the United States is suitable for agriculture – and food is essential. If everyone doesn’t hunt and gather, the world needs farms.

And farmland has grown in value over the long term. The U.S. Department of Agriculture says that Average price for an acre of US farmland has increased by 75 percent in the last 15 years.

Among the funds and ETFs that invest exclusively in agricultural stocks, the oldest and largest is the VanEck Agribusiness ETF It is an indexed offering that passively holds 54 stocks in companies ranging from agricultural machinery to aquaculture.

It invests worldwide, but about 60 percent of its holdings are in the United States. In the decade that ended in September, it achieved an annual average of 9.7 percent.

Brandon Rakszawski, director of ETF product development at VanEck, said the ETF does not aim to replicate ownership of farmland, but rather reflects the investment theme of “a growing population and the need to feed more and more people”.

Because the fund holds stocks, its movements follow those of the stock market: its returns correlate roughly 90 percent with the S&P 500. This means it would offer little additional diversification for someone who already owns a lot of large-cap US stocks.

Farmland, on the other hand, has little correlation with the stock market, so an analysis by Todd H. Kuethe, an agricultural economist at Purdue University. So, owning agricultural land could add diversification to a stock portfolio as land value could fluctuate when the market fluctuated.

Another way a fund investor can take advantage of some of the benefits of farmland is through a commodities ETF like this Invesco DB Agricultural Fund. This indexed offering buys commodity futures for a wide range of agricultural products, as diverse as coffee and cotton. Futures are contracts that oblige someone to buy or sell goods at an agreed price and date.

Jason Bloom, head of Fixed Income and Alternatives ETFs at Invesco, described the fund as “a fair, if imperfect, proxy” for owning farmland. Crop prices determine the value of commodity futures and create an indirect link between the value of the fund and that of the farmland, he said.

The fund has lost an average of 4 percent a year over the past decade, although it has recently recovered and is down 19 percent since the start of the year.

Ben Johnson, Director of Global ETF Research at Morningstar, said he wasn’t surprised that agricultural funds couldn’t truly replicate the investment benefits of land ownership.

Funds and ETFs “give you exposure to a diverse basket of securities,” he said. “But will these correlate well with the values ​​of farmland? In all likelihood not because they expose you to the producers’ incomes, not the land they own. “

Someone willing to move beyond funds and ETFs has other ways to try and turn dirt into dollars.

A variety of investment vehicles own farmland or help finance it. These instruments can be riskier than large funds because they are less diversified.

Several publicly traded real estate investment trusts (REITs) Keep farmland. Paul A. Pittman, Chairman and CEO of Farmland partner, a Denver-based REIT, said global trends – the scarcity of farmland and growing demand for food – make his company’s holdings valuable.

Farmland is analogous to an “inflation-linked bond,” he said. The rent paid by the farmers produces a bond-like stream of cash, and these payments, as well as the underlying value of the land, have kept pace with inflation.

Mr. Pittman grew up in a farming family in Illinois and began buying land there while working as a lawyer and investment banker. He eventually poured much of that property into Farmland Partners, which went public in 2014.

Today the REIT owns more than 150,000 acres in 16 states. Over the past five years, the share has returned an annual average of 5.2 percent.

New online outfits have also emerged to accelerate farm investments. They are aimed at discerning investors as they are not registered and regulated like mutual funds and ETFs.

Like Mr. Pittman, Carter Malloy started his company AcreTrader in Fayetteville, Ark. after buying farmland himself. The complexity of the process had frustrated him.

“That was difficult and expensive,” he says. “There is no multiple listing service for arable land, and you need regional know-how.”

He said AcreTrader aims to make purchases easier by valuing farmland and allowing people to buy partial ownership of farms. “For us, the goal is to democratize the asset class and bring investments into rural areas.”

Every AcreTrader deal has a minimum investment – the most recent minimums have been anywhere from $ 8,800 to $ 40,000 – and customers often buy multiple, Mr Malloy said.

The easiest way to invest in farmland can be the most original: buy a property yourself.

Prices vary by size and location, but Purdue Professor Kuethe said $ 800,000 to $ 1 million could be typical. Buyers are often seasoned farmers looking to expand or people who grew up on or near farms.

Annie McCauley and her husband Kirk teamed up with close friends to buy a farm in Uniontown, Ohio, next to their home. Ms. McCauley is a financial advisor with Sequoia Financial Group in Akron, Ohio. She initially saw the purchase as an investment and assumed that the land would be leased to a local farmer. But Mr. McCauley, a business owner whose family owns a dairy farm in Ohio, wanted to run it.

The McCauleys and their two sons often spend weekends on the farm, planting, tending and harvesting soybeans, hay and alfalfa. That brings immaterial advantages.

“If we had leased the land to another farmer, the farm’s cash flow would have been positive earlier because we didn’t have to invest in equipment – tractors, balers,” said McCauley. “But that would also have diminished the joy you get when you grow it yourself.”

A long-term investment in a REIT, ETF, or mutual fund simply cannot deliver that kind of practical satisfaction. On the other hand, you may thrive while others are working the land, and that too can be a certain joy.


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Latest News Updates: European Gas Prices Fall As US and Russia ease fears https://ms-factory.biz/latest-news-updates-european-gas-prices-fall-as-us-and-russia-ease-fears/ https://ms-factory.biz/latest-news-updates-european-gas-prices-fall-as-us-and-russia-ease-fears/#respond Thu, 07 Oct 2021 07:38:55 +0000 https://ms-factory.biz/latest-news-updates-european-gas-prices-fall-as-us-and-russia-ease-fears/ UK house prices saw their biggest monthly rise in more than 14 years in September when the stamp duty rebate ended while the “race for space” drove buyers to look beyond London. The average house price rose 1.7 percent last month from August, the strongest monthly increase since February 2007, according to data from the […]]]>

UK house prices saw their biggest monthly rise in more than 14 years in September when the stamp duty rebate ended while the “race for space” drove buyers to look beyond London.

The average house price rose 1.7 percent last month from August, the strongest monthly increase since February 2007, according to data from the Halifax mortgage company.

Compared to the same month last year, house prices rose 7.4 percent, an acceleration of 7.2 percent in the previous month, pushing the average home to just over £ 267,500, the highest level on record.

The September price hike “shows the pandemic boom is still alive,” said Jonathan Hopper, CEO of Garrington Property Finders.

The end of stamp duty in England and the desire among home buyers to close deals quickly may have played a role in these numbers, said Russell Galley, managing director at Halifax.

The rapid rise reflects other factors as most of the mortgages agreed in September would not have been taken out before the tax break expired, he added.

Starting in October, the thresholds below which buyers in England and Northern Ireland can avoid paying stamp duty will decrease from £ 250,000 to £ 125,000, the level prior to July 2020 when the tax exemption was introduced to stimulate the housing market after the first national lockdown . By July 1, the threshold was £ 500,000.

“The ‘space race,’ when people changed their preferences and lifestyles, undoubtedly had a huge impact,” said Galley. The prices for apartments rose by 6.1 percent compared to 8.9 percent for semi-detached houses and 8.8 percent for single-family houses.

Greater London remains the outlier, growing just 1 percent annually, and was again the only region or nation to see a drop in house prices over the last three-month rolling period.

“The driving force [of the price rise] is now old-fashioned market fundamentals and the chronic imbalance of supply and demand, ”said Hopper.


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3 aerospace and defense stocks to strengthen your portfolio https://ms-factory.biz/3-aerospace-and-defense-stocks-to-strengthen-your-portfolio/ https://ms-factory.biz/3-aerospace-and-defense-stocks-to-strengthen-your-portfolio/#respond Wed, 06 Oct 2021 13:30:30 +0000 https://ms-factory.biz/3-aerospace-and-defense-stocks-to-strengthen-your-portfolio/ It is always important for investors to consider who is paying for a company’s products or services before adding the shares to their long-term accounts. After all, a company can have the most innovative and cutting edge business in the world, but if its customers are unable to pay for its products, it will never […]]]>

It is always important for investors to consider who is paying for a company’s products or services before adding the shares to their long-term accounts. After all, a company can have the most innovative and cutting edge business in the world, but if its customers are unable to pay for its products, it will never be successful. This is a big reason aerospace and defense companies are so attractive because their biggest customer has infinite money – the US government.

These are companies involved in the manufacture of all different types of aircraft, as well as national defense equipment and machinery. The recent riots in Afghanistan have made investors aware of the importance of these companies in the overall national security system, and with the House of Representatives passing US $ 768 billion in defense law in September, it is clear there are many will award contracts to the top names in the industry. Many of these stocks have rallied during recent market volatility, which means they might really be ready to take off when the market regains a foothold.

That’s why we’ve compiled the following list of 3 aerospace and defense stocks to help add strength to your portfolio. Let’s take another look below.

Northrop Grumman (NYSE: NOC)

This is the second largest defense company in the United States and certainly one of the highest quality stocks in the aerospace and defense industries, so it should be one of the first names to look out for in this type of exposure. Northrop Grumman is a solid choice thanks to the company’s diversity in its businesses, which include aerospace systems, defense systems, mission systems and space systems. All of the company’s various operating segments should see strong global demand in the years to come, and investors can rest assured that Northrop will win some big deals from the Pentagon thanks to an increased defense budget.

Other reasons to consider stocks of this legendary defense company include Northrop’s earnings per share increase 7% year over year in the second quarter and the recent 8% dividend increase. Northrop is also known for being a more advanced technology defense company, which is another unique competitive advantage. This has helped the company win deals like the ground-based strategic deterrent program and the B-21 bomber program, both of which should offer the company good growth opportunities going forward.

Raytheon Technologies (NYSE: RTX)

Some of these companies offer exposure to the commercial aerospace industry, which could see a strong rebound once the effects of the pandemic wear off. Such is the case at Raytheon Technologies, which includes specialist in aerospace structures, avionics, mechanical systems and interiors, Collins Aerospace Systems and Pratt & Whitney, a global provider of aircraft engines. While this part of Raytheon’s business is dependent on commercial aviation and could pose some risk if the industry recovers more slowly than expected, the company is also generating significant revenues from its defense and intelligence businesses to keep investors calm.

The company has just signed a contract worth up to $ 1.3 billion with the U.S. Navy to deliver Evolved Seasparrow Missile (ESSM) Block 2 through March 2025. This is a reminder to investors of how lucrative some of these defense contracts can be. The fact that Raytheon offers investors a dividend yield of 2.33% and is on the verge of hitting new all-time highs makes it one of the leading aerospace and defense stocks to add right now.

General Dynamics (NYSE: GD)

Again, it is usually worth focusing on quality names in a sector, and General Dynamics is certainly spot on. The company offers a wide range of aerospace and defense products including Gulfstream jets, nuclear submarines, Abrams tanks and IT solutions. If you think geopolitical tensions are on the rise, it might be a good idea to start a position with a company like General Dynamics, as it generates about 68% of its total revenue from the US government.

You may be familiar with the company’s Gulfstream business jet line, which is the world’s largest manufacturer of business and private jets. This part of the company has been hard hit by the pandemic, but it should recover strongly in the coming months as vaccines make flying more comfortable for business travelers. This company’s marine segment, which includes a contract to build Columbia-class submarines with planned procurement by 2042, is also of great interest to investors.

Should you invest $ 1,000 in Northrop Grumman now?

Before you think about Northrop Grumman, this is what you should hear.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are whispering to their customers to buy now, before the broader market takes hold … and Northrop Grumman wasn’t on the list.

While Northrop Grumman is currently rated “Buy” by analysts, top-rated analysts think these five stocks are better buys.

Check out the 5 stocks here

Companies mentioned in this article

Compare these stocks Add these stocks to my watchlist


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Shares to Buy: Hemang Jani has 5 stocks that will benefit from changes in China https://ms-factory.biz/shares-to-buy-hemang-jani-has-5-stocks-that-will-benefit-from-changes-in-china/ https://ms-factory.biz/shares-to-buy-hemang-jani-has-5-stocks-that-will-benefit-from-changes-in-china/#respond Wed, 06 Oct 2021 05:50:00 +0000 https://ms-factory.biz/shares-to-buy-hemang-jani-has-5-stocks-that-will-benefit-from-changes-in-china/ Deepak Nitrite, Clean Science as well as chemical companies and two textile exporters – and are the companies that will benefit from developments in China, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL. Why did ONGC run the way it is? What are the markets so excited about? The rise in both crude […]]]>
Deepak Nitrite, Clean Science as well as chemical companies and two textile exporters – and are the companies that will benefit from developments in China, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL.

Why did ONGC run the way it is? What are the markets so excited about?
The rise in both crude oil and gas prices is definitely a positive trigger for ONGC and Oil India. Unlike previous scenarios where if the price of crude oil had gone up, the government would likely have weighed heavier on companies like ONGC, this time the government has taken a more sensible approach and we’ve seen a revision of gas prices that could add to the findings. There was also better evidence for the oil part of it.

That being said, one has to keep in mind that in a commodities upswing, people tend to prefer some of these names, and while stocks would have really risen in the last six months, they are still looking reasonably reasonable with a decent amount of upgrade -Possibilities given the prices.



So from a dividend yield and valuation standpoint, there is consolation and hope that the government will end up doing nothing that could spoil sentiment for some of these oil companies.

With many changes underway in China, some investors are buying textile stocks and electronics assemblers like Dixon and Amber. Some also buy chemical stocks. What’s your favorite china trade?
The whole topic would revolve around names like specialty chemicals and textiles and perhaps some other small categories that will benefit from either a) higher prices due to the disruption in China and b) China’s restriction on exports. Indian companies could have some volume advantage and within that particular theme we definitely like textiles, although textiles are not a large segment overall.

But exporters like Himatsingka, Welspun and Vardhman Textiles will definitely benefit from higher market share and volume. We also have to remember that raw material prices have also increased. In textiles, for example, cotton prices have skyrocketed, but these two names still look good and within specialty chemicals we like names like

which have also risen sharply in the last few days.

These companies are so well integrated – from finished products to raw materials where reliance on China is virtually non-existent – and the pricing environment can be a little more exciting when it comes to uptrends. So Deepak Nitrite, Clean Science, and even SRF are the companies that would benefit from the current narrative about China.

Which end of the textile industry are you betting on as a house spinner, textile machine manufacturer or pure textile retailer like Aditya Birla Fashion or Trent?
Two textile exporters – Himatsingka and Welspun – are the names we prefer and aside from the fact that the open-up theme is catching up from a retail perspective, Aditya Birla Fashion is something we like, but that’s not a textile play. It’s more of a retail game.

Just as the US natural gas futures are jumping, they are already at a 12-year high. That bodes well for ONGC and Oil India. After the recent surge in ONGC, would you be ready to add more to ONGC or buy new?
Sentiment for stocks like ONGC and Oil India remains positive. What the market is sensing is that oil prices are likely to remain elevated for an extended period of time as we see no signs from OPEC to pick up production and as we enter the winter season, more inventory could build up.

This is happening for ONGC and Oil India. We look at quarterly figures. For the average realization for the quarter, given the current high prices, the market would allow for some incremental positive upgrades. From a tactical or short-term perspective, given the dynamics of pricing, these names would definitely be interesting. However, if you have a medium to long-term perspective, given the commodity nature of these businesses, you should avoid entering the market at the current level. But yes, from a momentum perspective, these companies still look pretty strong.


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4 Top Healthcare Stocks to Watch For After Merck’s COVID-19 Pill Breakthrough https://ms-factory.biz/4-top-healthcare-stocks-to-watch-for-after-mercks-covid-19-pill-breakthrough/ https://ms-factory.biz/4-top-healthcare-stocks-to-watch-for-after-mercks-covid-19-pill-breakthrough/#respond Mon, 04 Oct 2021 19:30:00 +0000 https://ms-factory.biz/4-top-healthcare-stocks-to-watch-for-after-mercks-covid-19-pill-breakthrough/ 4 Top Healthcare Stocks to Consider [Or Selling] In this week Health stocks were some of the hottest stocks to buy in the US Stock market in recent years. Well, the global pandemic has certainly reminded us of how fragile life can be. On Friday, global deaths related to COVID-19 passed the 5 million mark, […]]]>

4 Top Healthcare Stocks to Consider [Or Selling] In this week

Health stocks were some of the hottest stocks to buy in the US Stock market in recent years. Well, the global pandemic has certainly reminded us of how fragile life can be. On Friday, global deaths related to COVID-19 passed the 5 million mark, according to a Reuters tally. The virus is constantly evolving as we develop vaccines and other potential treatment options. In fact, it took over a year for the death toll to hit 2.5 million, but the next 2.5 million deaths were recorded in just under eight months. Therefore, vaccination alone is not enough and other treatment options will be necessary in the long run.

Hence the announcement of Merck & Co. (NYSE: MRK) and Ridgeback Biotherapeutics on their new drug was well received by investors. It appears that the drug may reduce the risk of hospitalization or death in patients with mild or moderate cases of COVID-19 by about 50%. Overall, additional treatment options would be a big welcome to our arsenal against the coronavirus. However, this does not mean that vaccinations are no longer important. Vaccines from companies like Modern (NASDAQ: MRNA) and AstraZeneca (NASDAQ: AZN) will continue to play a central role in eradicating the virus. With that in mind, here is a list of the Top stocks in healthcare watch on the stock market today.

The Best Health Stocks To Watch For This Week

Atea Pharma

First, let’s look at each other Atea Pharma. The clinical-stage biopharmaceutical company specializes in antiviral therapeutics to improve the lives of patients with life-threatening viral infections. Its purine nucleotide prodrug platform develops treatments for diseases caused by single-stranded ribonucleic acid virus infections. Because of this, Atea would often be on investors’ radar as we experience what is arguably the worst virus pandemic the world has ever seen.

If you’ve been following Atea, you know the lead product candidate is AT-527. The drug is an orally administered antiviral agent used to treat patients with COVID-19. It works by inhibiting viral replication by disrupting viral RNA polymerase. This is a key component in the replication machinery of enveloped positive single-stranded RNA viruses.

The ATEA share naturally benefited from the convincing results of Merck & Co.’s interim analysis. Investors seem optimistic that Atea can build on the same success with its AT-527. Well, AVIR stock was up nearly 30% just last week. Do you think this upward trend will continue? If so, would you consider adding AVIR stocks to your portfolio?

Source: TD Ameritrade TOS

[Read More] The Best Lithium Battery Stocks You Can Buy Right Now? 4 Things to Know

UnitedHealth Group

Next up we have one of the largest healthcare companies in the world, UnitedHealth. The company generally conducts its business through two business platforms, UnitedHealthcare and Optum. With its vast portfolio of health products and services, UNH stock has often topped many investors’ watch lists. It has risen by more than 10% since the beginning of the year.

Last week, the company unveiled its Medicare Advantage (MA) plans for 2022 and prescription drugs. It provides expanded access to differentiated value plans while delivering an unparalleled member experience. UnitedHealth is already the leader in the MA market and has enrolled more than 7.3 million people on its MA plans. This step forward shows us that the company wants to consolidate its leading position in a growing MA market.

Under the announced plan, 90% of eligible consumers will have access to pharmacy benefits with $ 0 Tier 1 retail co-payments. In addition, 98% of members will receive stable or improved benefits over the next year and most members will receive stable or reduced MA awards. In fact, nearly 3 million members have a $ 0 premium. Certainly, investors would likely appreciate companies that have a structured plan in front of them while maintaining transparency. All in all, would you watch UNH stock?

UNH share chartSource: TD Ameritrade TOS

[Read More] Top Stocks To Buy Now? 4 renewable energy stocks to add to your watchlist

Pfizer

Another top healthcare stock that many are familiar with is Pfizer. In detail, it is a global healthcare company that develops and produces drugs and vaccines for immunology, oncology, cardiology and neurology. Some investors may have noticed that many of their vaccine competitors suffered setbacks, but PFE stock was largely unaffected.

Pfizer is another company researching oral antiviral drugs to fight COVID-19 infections. In fact, the company announced last Monday that it had started a large study testing its investigational oral antiviral drug. The study will take part in 2,660 healthy adult participants aged 18 and over who live in the same household as symptomatically infected COVID-19 patients. Should this drug prove to be a success, it would be another avenue for the company to maintain its success over the long term.

In addition, the Japanese Ministry of Health, Labor and Welfare has approved the company’s CIBINQO (abrocitinib) for the treatment of moderate to severe atopic dermatitis. Applications for the drug have also been submitted for review in other countries around the world. These include the United States, Australia, and the European Union. Given these considerations, do you think PFE stock will have more leeway?

PFE share chartSource: TD Ameritrade TOS

[Read More] 3 Top Pot Stocks To Watch For After The SAFE Banking Act Update

Gilead Sciences

To sum up the list, we have the biopharmaceutical company, Gilead Sciences. The company mainly focuses on the further development of drugs for the prevention and treatment of diseases. The portfolio of products and pipeline investigational drugs includes treatments for HIV, COVID-19, liver disease, hematology / oncology / cell therapy and other diseases. The company’s Veklury (Remdesivir) is currently the only drug to have received FDA approval for the treatment of COVID-19 in the United States

Not to mention, the company announced last week that the US FDA had approved Gilead’s subsidiary Kite’s Tecartus (Brexucabtagene Autoleucel) for the treatment of relapsed or refractory acute lymphoblastic leukemia (ALL) from B-cell precursors Has. This will be the first and only T-cell therapy with chimeric antigen receptors (CAR) approved for adults with ALL. This is a huge milestone for the company and for the treatment of ALL as a whole, as there remains a high unmet need for the disease.

Half of the patients will relapse, and the median overall survival with the current standard of care is only about eight months. It is noteworthy that this kites’s fourth FDA-cleared cell therapy indication in less than four years. This shows us the company’s commitment to advancing its treatments for patients with a wide variety of hematologic malignancies. With this in mind, would you consider investing in GILD shares?

GILD share chartSource: TD Ameritrade TOS

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.


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$ 10,000 invested in these growth stocks could make you a fortune over the next 10 years https://ms-factory.biz/10000-invested-in-these-growth-stocks-could-make-you-a-fortune-over-the-next-10-years/ https://ms-factory.biz/10000-invested-in-these-growth-stocks-could-make-you-a-fortune-over-the-next-10-years/#respond Sat, 02 Oct 2021 11:45:00 +0000 https://ms-factory.biz/10000-invested-in-these-growth-stocks-could-make-you-a-fortune-over-the-next-10-years/ Of course, if you have $ 10,000 to invest, you want to do so wisely. If you want to generate above-average returns, you need to find growth stocks that have already proven themselves and whose business models indicate reasons for further growth. Start with MercadoLibre (NASDAQ: MELI), modern micro devices (NASDAQ: AMD), and Seagate technology […]]]>

Of course, if you have $ 10,000 to invest, you want to do so wisely. If you want to generate above-average returns, you need to find growth stocks that have already proven themselves and whose business models indicate reasons for further growth.

Start with MercadoLibre (NASDAQ: MELI), modern micro devices (NASDAQ: AMD), and Seagate technology (NASDAQ: STX), Companies whose stocks have risen more than 10% this year and more than 100% in the last five years.

Image source: Getty Images.

1. MercadoLibre is just getting started

MercadoLibre is often called the. designated Amazon In Latin America, it’s an e-commerce and fintech giant. Founded in 1999 as an Argentine company, the company is now represented in 18 countries in the region. Over the past five years, Mercado Libre has seen quarterly sales growth of 637% and stock growth of nearly 800%.

The company just closed its second quarter on June 30, reporting record sales and volume. MercadoLibre said it had net sales of $ 1.7 billion (numbers in USD) for the quarter, up 102.6% year over year. Also, the sales volume was $ 7 billion, up 46% over the same period in 2020.

The company was particularly strong in Argentina and Mexico, two countries where sales for the quarter rose triple-digit percentages year over year.

MercadoLibre also posted net income of $ 68.2 million, compared to $ 55.9 million for the same period last year. The growth in the number of COVID-19 cases in Latin America, while tragic, has increased the move to more e-commerce and online payment systems. Last year, an estimated 13 million people in Latin America made an online purchase for the first time.

The poor roads and difficult terrain make shipping products across South America expensive. In many ways, this offers MercadoLibre a ditch for new entrants in the region, such as Amazon. The company, whose shipping division is known as Mercado Envios, bought Kangu, a Brazilian logistics company that operates in Brazil, Colombia, and Mexico, and gave it more delivery vehicles and staff in key countries. The transaction closed in August for an undisclosed amount.

What makes MercadoLibre a great long-term stock is that it is only scratching the surface of the possibilities of e-commerce in South America. A report by OMR Global puts the average annual growth rate (CAGR) for e-commerce in the region over the next six years at 25.6%. That makes it a stock with long-term potential that investors can buy.

2. Advanced Micro Devices has a bright future

The demand for semiconductor chips has gone through the roof since the pandemic began. Primarily, there has been an upswing in the company’s central processing and graphics processing units. Several factors have driven this increase, the adoption of 5G, the growth of cloud computing, and increased purchases of laptops and tablets. These things will likely be around long after the pandemic.

The CAGR for the global semiconductor market is projected to be 8.6% over the next seven years, growing to a market of $ 803.15 billion over that period, according to a report by Fortune Business Insights. This is great news for Advanced Micro Devices (AMD) investors. The stock is up more than 15% over the year and 1,520% over the past five years.

The company has posted double-digit sales growth for seven consecutive quarters. The company’s second-quarter report said it had sales of $ 3.85 billion, up 99% year over year. Gross income was $ 1.83 billion, up 116% year over year and 15% more than the first quarter of 2021. Net income was reported at $ 710 million, an increase of 352% over the same period in 2020. The company expected sales in 2021 to have increased by 60% compared to 2020. In addition, the company reported its highest free cash flow of $ 888 million for the second quarter, up from $ 152 million for the same period in 2020.

The company is also using its additional cash to add value to shareholders and fuel more growth. In May, the company launched a $ 4 billion share buyback program. And the company said it is on the right track with its $ 135 billion acquisition of Xilinx, known for the production of programmable logic components, by the end of the year. The Xilinx deal is designed to help AMD compete better Intel in the data center of his business running digital applications.

Probably the biggest advantage of AMD is that semiconductors are expensive to manufacture. This has to be done in sterile environments with state-of-the-art machinery, and the science of microchips is changing so rapidly that it is difficult for new companies to catch up with market share. That’s a great dig for existing chip makers, especially AMD.

3. Seagate technology leads the way in the cloud

Seagate Technology is a global leader in data storage, making portable hard drives and external SSD drives essential for laptops and cloud computing. The company’s stock is up more than 38% this year and more than 106% over the past five years.

On July 2, the company closed its fiscal year 2021 and all numbers were above those of the previous year. Annual sales were $ 10.6 billion, an increase of 1.6% over the previous year. While the operating margin was 14% compared to 12.4% in 2020. Net income was $ 1.3 billion, up 30.8% from 2020. The company’s fourth quarter revenue of 3 billion The US dollar was the best quarter in six years.

The company signed a multi-year contract with last month Zoom video communication for the video conferencing company that enables Zoom customers to use Seagate’s Lyve Cloud platform to store meeting recordings. This helps Seagate’s business as it shows that a high profile customer is seeing the benefits of Lyve Cloud Storage-as-a-Service.

While Seagate stock hasn’t shown as much momentum as the other two companies mentioned here in the past three years, it appears to be catching fire this year. According to Seagate data, the rise of cloud computing has accelerated the need for mass storage devices. In 2015, 25% of the data was stored in the cloud. Until last year, 40% of the data was stored in the cloud. Certain trends, such as the rise of autonomous vehicles, smart factories, and human genome research, have increased the need for cloud computing.

Another reason to like Seagate stock is its low price, with a P / E ratio of just 15.46. It also has something the other two stocks don’t have: a dividend – and a generous one at that. The company increased its dividend 3% to $ 0.67 per share in October 2020, and the current yield is 3.18% on Wednesday’s share price. Despite all the evidence, this stock shows great potential in the changing world.

This article represents the opinion of the author who may disagree with the “official” referral position of a premium advisory service from the Motley Fool. We are colorful! Questioning an investment thesis – even one of our own – helps us all think critically about investing and make decisions that will help us get smarter, happier, and richer.


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Return on investment at VST Tillers Tractors (NSE: VSTTILLERS) paint a worrying picture https://ms-factory.biz/return-on-investment-at-vst-tillers-tractors-nse-vsttillers-paint-a-worrying-picture/ https://ms-factory.biz/return-on-investment-at-vst-tillers-tractors-nse-vsttillers-paint-a-worrying-picture/#respond Sat, 02 Oct 2021 02:56:33 +0000 https://ms-factory.biz/return-on-investment-at-vst-tillers-tractors-nse-vsttillers-paint-a-worrying-picture/ What are the underlying trends we should look for in a company to find a multi-bagger stock? Ideally, a company has two trends; first, a growing one return on the capital employed (ROCE) and, secondly, an increasing one be of the capital employed. Basically, this means that a company has profitable initiatives that it can […]]]>

What are the underlying trends we should look for in a company to find a multi-bagger stock? Ideally, a company has two trends; first, a growing one return on the capital employed (ROCE) and, secondly, an increasing one be of the capital employed. Basically, this means that a company has profitable initiatives that it can continue to reinvest in, which is a characteristic of a compounding machine. Though when we looked at each other VST drawbar tractors (NSE: VSTTILLERS), it didn’t seem to check all of those boxes.

What is return on investment (ROCE)?

For those unsure of what ROCE is, it measures the amount of pre-tax profit a company can make from the capital invested in its business. The formula for this calculation for VST Tillers tractors is:

Return on capital employed = earnings before interest and taxes (EBIT) ÷ (total assets – current liabilities)

0.12 = ₹ 868m ÷ (₹ 8.9b – ₹ 1.7b) (Based on the last twelve months through June 2021).

So, VST Tillers Tractors has a ROCE of 12%. That is a relatively normal return on investment and is around 14% that the machine industry generates.

Check out our latest analysis for VST Tillers Tractors

NSEI: VSTTILLERS Return on Capital Employed October 2, 2021

Although the past is not representative of the future, it can be helpful to know how a company has performed in the past. That is why we have this graphic above. If you are interested in further researching the history of VST Tillers Tractors, this is the place to be for free Graph of past earnings, sales and cash flows.

What the ROCE trend can tell us

On the surface, the ROCE trend does not inspire confidence at VST Tillers Tractors. More precisely, the ROCE has fallen by 20% over the past five years. Although both sales and the number of assets used in the business have increased, this could indicate the company is investing in growth and the additional capital has resulted in a short-term decrease in ROCE. If these investments prove successful, it can be a good sign of long-term stock performance.

The bottom line

Although VST Tillers Tractors’ returns have been falling lately, we can see that sales are growing and the company is reinvesting in its operations. Additionally, the stock is up 66% over the past five years, it seems that investors are optimistic about the future. Even though the underlying trends have already been taken into account by investors, we still believe that this stock should be further investigated.

One more thing: we have identified 3 warning signs with VST Tillers Tractors (at least 1 which doesn’t suit us very well), and it would certainly be useful to understand these.

For those who like to invest solid companies, look at that for free List of companies with solid balance sheets and high returns on equity.

This article from Simply Wall St is of a general nature. We only provide comments based on historical data and analyst projections using an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in the stocks mentioned.

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, send an email to the editorial team (at) simplywallst.com.

To trade with VST Tillers Tractors, open an account with the lowest cost * platform trusted by the pros. Interactive brokers. Your clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide through a single integrated account.Funded


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3 stocks of automation to buy right now https://ms-factory.biz/3-stocks-of-automation-to-buy-right-now/ https://ms-factory.biz/3-stocks-of-automation-to-buy-right-now/#respond Fri, 01 Oct 2021 16:52:27 +0000 https://ms-factory.biz/3-stocks-of-automation-to-buy-right-now/ The increasing adoption of artificial intelligence, the advent of 5G wireless technology, and intelligent instruments are driving the prospects of the automation market. The need to reduce human error and improve speed is a major contributor to the growth of the automation market. As a result, the global industrial automation market is expected to reach […]]]>

The increasing adoption of artificial intelligence, the advent of 5G wireless technology, and intelligent instruments are driving the prospects of the automation market.

The need to reduce human error and improve speed is a major contributor to the growth of the automation market. As a result, the global industrial automation market is expected to reach $ 212.41 billion by 2027. Registration of a CAGR of 6.7%.

Organizations have increased their automation budget to improve efficiency, reduce costs, and reduce staffing requirements. This should be for fundamentally strong automation stocks like Intuitive Surgical, Inc. (ISRG), John Bean Technologies Corporation (JBT) and Materion Corporation (MTRN).

Intuitive Surgical, Inc. (ISRG)

ISRG develops, produces and markets robotic products to improve the clinical outcomes of patients through minimally invasive surgery, in particular with the da Vinci Surgical System. The company’s endoluminal ion system enables the biopsy of small and hard-to-reach nodules.

This month ISRG appointed Yong-Bum Choi as General Manager for South Korea, a major market for minimally invasive treatments. The company anticipates that Choi will use his healthcare experience to lead the business strategy and operations that will help the company strengthen its position in the hospitals, surgeons and healthcare market in South Korea.

ISRG’s total revenue increased 71.8% year over year to $ 1.46 billion for the second quarter ended June 30, 2021 Gross income rose 103.6% year over year to $ 1.02 billion. Operating income increased 534.2% to $ 511.2 million from the year-ago quarter. In addition, the company’s net income rose 645% year over year to $ 523 million.

Analysts expect ISRG revenue of $ 5.64 billion in fiscal 2021, a year-over-year growth of 29.5%. The company has an impressive track record with surprises; it outperformed consensus EPS estimates for each of the past four quarters. Earnings per share are expected to increase by 44.1% in the current year. In addition, the share gained 21.9% over the past nine months and 40.1% over the past year.

The ISRG’s strong fundamentals are reflected in theirs POWR ratings. The stock has an overall rating of B, which equates to a buy in our proprietary rating system. The POWR ratings rate stocks based on 118 different factors, each with their weighting.

The share also has a B rating for sentiment, quality and growth. We also rated ISRG for stability, value and momentum. Click here Access to all ratings of the ISRG.

ISRG is in 53rd place out of 178 shares in the Medicine – Devices & Equipment Industry.

John Bean Technologies Corporation (JBT)

JBT provides technology solutions for the food and beverage industry. It also provides equipment and services for the aviation industry. The company operates through JBT FoodTech; JBT AeroTech; and Automated Systems Segments. In addition, it offers driverless transport systems for the transport of materials in production halls and warehouses.

In June, JBT acquired Prevenio, a food safety solutions provider, for $ 170 million. JBT’s recurring revenue portfolio should intensify, and this acquisition could enable the company to continue investing in solutions that support customers’ day-to-day operations. In addition, Prevenio aimed to expand JBT’s equipmentless offering while helping customers protect themselves from pathogen threats.

For the second quarter ended June 30, 2021, JBT’s revenue grew 15.6% year over year to $ 475.5 million. The company’s gross profit increased 15.1% year over year to $ 149.9 million. Net income for the quarter was $ 30.5 million. Additionally, the company’s cash and cash equivalents increased 325.9% from $ 47.5 million as of December 31, 2020 to $ 202.3 million as of June 30, 2021.

JBT’s revenue is expected to grow 12% year over year to $ 1.93 billion in fiscal 2021. it outperformed consensus EPS estimates in each of the final four quarters. The EPS is expected to increase by 21.8% in the current year. The stock gained 34% over the past nine months and 64.6% over the past year.

JBT’s POWR ratings reflect this promising outlook. The stock has an overall rating of B, which equates to a buy in our proprietary rating system. The share also has a B rating for growth and quality.

In addition to the POWR ratings just highlighted, one can see JBT’s ratings for stability, momentum, value and sentiment Here. The share ranks 33rd out of 82 shares with an A rating Industrial machines Industry.

Materion Corporation (MTRN)

Established in 1931, MTRN is an advanced materials supplier that keeps electrical connectors connected. The company’s optical alloys and plated metals are used in a car’s car navigation system. MTRN also operates through Performance Alloys and Composites; Advanced materials; and precision optics segments.

This month MTRN acquired an electronic materials company, HC Starck Solutions. This strategic and transformative acquisition should strengthen MTRN’s position in the semiconductor industry, drive market growth, increase margins and help achieve consistent double-digit EPS growth.

MTRN’s net sales increased 36.7% year over year to $ 371 million for the second quarter ended July 2, 2021. The company’s gross margin increased 48.2 percent year over year to $ 69.58 million. Operating profit increased 173.7% from the year-ago quarter to $ 20.72 million. Additionally, the company’s net income rose 207.9% year over year to $ 17.87 million.

For the fiscal year 2021, analysts expect MTRN sales of 1.48 billion US dollars, which corresponds to a growth of 25.6% over the previous year. The company has an impressive track record with surprises; it outperformed consensus EPS estimates for each of the past four quarters. In addition, the EPS is expected to increase by 66.5% in the current year. MTRN’s share price is up 8.2% over the past nine months and 31.9% over the past year.

It’s no surprise that MTRN has an overall rating of B, which equates to a purchase on our POWR rating system. The stock also has a B rating for growth, value and sentiment.

Click here to view the additional POWR ratings for MTRN (Momentum, Stability and Quality). MTRN ranks 9th out of 36 stocks in the Industry – metals Industry.


ISRG shares traded at $ 992.38 per share on Friday afternoon, down $ 1.77 (-0.18%). Since the beginning of the year, ISRG has gained 21.30%, compared to an increase in the reference index S&P 500 of 16.64% over the same period.

About the author: Priyanka Mandal

Priyanka is a passionate investment analyst and financial journalist. To do a master’s degree in economics, Her interest in the financial markets motivated her to start her career in investment research. More…

More resources for the stocks in this article


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Dow will continue to give in after infrastructure bill is postponed – The Madison Leader Gazette https://ms-factory.biz/dow-will-continue-to-give-in-after-infrastructure-bill-is-postponed-the-madison-leader-gazette/ https://ms-factory.biz/dow-will-continue-to-give-in-after-infrastructure-bill-is-postponed-the-madison-leader-gazette/#respond Fri, 01 Oct 2021 11:17:23 +0000 https://ms-factory.biz/dow-will-continue-to-give-in-after-infrastructure-bill-is-postponed-the-madison-leader-gazette/ The stock market fell Friday, a bad start to October after a vote on the $ 1 trillion infrastructure package was put on hold in the heart of President Joe Biden’s economic agenda on Thursday night. Dow Jones industry averageindicated an opening price 220 points lower after falling 546 points on Thursday to close at […]]]>

The stock market fell Friday, a bad start to October after a vote on the $ 1 trillion infrastructure package was put on hold in the heart of President Joe Biden’s economic agenda on Thursday night.


Dow Jones industry average

indicated an opening price 220 points lower after falling 546 points on Thursday to close at 33,843. Futures for the


Nasdaq

signaled a similarly weak start.

Overseas, in Asia, Japan


Nikkei 225

fell 2.3% as analysts found Tokyo traders focused on global events and Chinese markets closed. The pan-European


Stoxx 600

declined 0.9% as European stocks came under pressure from strengthening


dollar

in this week. The greenback has risen 1.3% against the euro since Monday.

October got off to a bad start after the Dow experienced its worst September since 2011 as markets worried about a number of issues including central bank stimulus, inflation, supply chain problems, a debt crisis in China and a global energy crisis.

Many of those fears persisted on Friday as a new trading month began and markets kept a keen eye for the $ 1 trillion vote on the infrastructure bill being put on hold.

Plus: A vote on Biden’s $ 1 trillion infrastructure bill has been postponed. Watch these stocks.

The delay came amid debate among Democrats in Congress over Part Two of Biden’s Agenda – a signature $ 3.5 trillion budget reconciliation package that addresses the US social safety net and climate change initiatives.

“The problem is that some of the more progressive members among the Democrats in the House of Representatives don’t want to vote” [the $1 trillion bill] without the larger reconciliation package that contains much of Biden’s social program agenda, ”said Jim Reid, strategist at Deutsche Bank.

“They fear that the vote on the Infrastructure Act will lead the moderates to cut spending on the Reconciliation Act, so they are using their infrastructure votes as leverage,” added Reid.

Also read: The House is delaying the infrastructure vote as Democratic divisions persist

Congress also faces the challenge of raising or suspending the U.S. debt ceiling before October 18 to avoid a federal default.

The delay in the vote on the Infrastructure Act came after a government shutdown was narrowly avoided. Just hours before the funding expired, Biden signed a makeshift bill to fund the government through December 3.

“If everything looks like a mess, this is it, and markets react appropriately when nerves break,” said Jeffrey Halley, an analyst at broker Oanda.

In the commodities markets, industrial metals futures fell, while aluminum, copper, zinc and tin contracts fell 1.5% to 4.5%. The decline came after a report by Bloomberg that China’s Vice Prime Minister Han Zheng ordered state energy companies to secure energy supplies “at all costs” amid a power crisis in the country.

“It is likely a strong signal of how concerned China is about keeping the industry going and, more importantly, winter is just around the corner,” Halley noted. “If Chinese steel and aluminum smelters are shut down for long periods of time, you can be sure that this will reverberate in the global supply chains.”

Here are eight stocks in motion on Friday:

Infrastructure stocks came under pressure on the $ 1 trillion delay, and so did the steel giant

Nucor
(NUE), charging group for electric vehicles

Charging point
(CHPT) and heavy machinery manufacturers

deer
(DE) and

Caterpillar
(CAT) stands ready to continue the decline from Thursday.

Universal musical group
(UMG.Netherlands) rose 1.3% in Amsterdam after JPMorgan kicked off its share coverage, which went public last week, with a “buy” rating.

airbus
(AIR.France) fell 1.5% in Paris, despite news that Italian airline ITA was planning to lease 31 jets from the company and buy 28 more.

Vestas
(VWS, Denmark) fell 1.4% in Copenhagen, despite winning a major contract for an undisclosed wind project in Canada.

Merck
(MRK) rose 5% in New York’s premarket after positive study data for an oral Covid-19 antiviral drug was revealed.

Write to [email protected]


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Stocks end September in losses, but S&P 500 slumps quarterly earnings https://ms-factory.biz/stocks-end-september-in-losses-but-sp-500-slumps-quarterly-earnings/ https://ms-factory.biz/stocks-end-september-in-losses-but-sp-500-slumps-quarterly-earnings/#respond Thu, 30 Sep 2021 21:18:00 +0000 https://ms-factory.biz/stocks-end-september-in-losses-but-sp-500-slumps-quarterly-earnings/ A sell-off in cyclical company stocks drove major indices lower on Thursday, crowning a tumultuous September that marked the S&P 500’s worst month since March 2020. All three major US indices ended the day in the red after a troubled session. Stocks started the day on a jump but then quickly jiggled and turned negative, […]]]>

A sell-off in cyclical company stocks drove major indices lower on Thursday, crowning a tumultuous September that marked the S&P 500’s worst month since March 2020.

All three major US indices ended the day in the red after a troubled session. Stocks started the day on a jump but then quickly jiggled and turned negative, with losses accelerating in the last few minutes of trading. The Dow Jones Industrial Average fell 546.80 points, or 1.6%, to finish at 33,843.92, weighed down by losses at companies ranging from machine giant Caterpillar to home improvement retailer Home Depot.

The S&P 500 lost 51.92 points, or 1.2%, to finish at 4307.54. The Nasdaq Composite lost 63.86 points or 0.4% to 14448.58 points.

After a long spell of gains for the US stock market this year, September was the month when investor fear finally escalated and pushed all three major indices down. The S&P 500 plunged 4.8% in September, its biggest monthly drop since March 2020 when the coronavirus pandemic sparked a sell-off. The Dow Jones Industrial Average lost 4.3% in September while the Nasdaq fell 5.3%.

Despite the slump, the S&P 500 managed to gain 0.2% in the quarter, making it the sixth quarter in a row. The Nasdaq and Dow, meanwhile, ended the period lower and posted their first quarterly losses since the first three months of 2020.

Investors have overcome more uncertainties recently, including concerns that higher inflation – driven in part by supply chain issues – will last longer than expected. Fears of contagion from debt-laden real estate developer China Evergrande Group, as well as data showing that US economic growth is starting to slow, have also made markets tenacious lately.

The ongoing scramble in Washington has also weighed on investors’ minds. Congress passed a bill on Thursday extending government funding until December 3rd.

The combination of all of these factors was enough to break the US stock market’s winning streak in September 2021. The S&P 500 is now 5.1% lower than its last closing record on September 2nd. The index also closed below its 100-day moving average for the first time since November 2020 on Thursday.

“We have entered a slightly tougher, quirky period of recovery and there are a number of headwinds against the uptrend we have seen since last year,” said Sebastian Mackay, multi-asset fund manager at Invesco.

Last week, the Federal Reserve signaled that it would begin reducing bond purchases as early as November and possibly hike rates next year. The expectation of interest rate hikes and higher inflation, which is also reflected in rising oil and commodity prices, has led some investors to sell government bonds whose yields have been at historically low levels.

The sell-off cooled on Thursday and the benchmark ten-year Treasury bond yield fell to 1.528% from 1.540% on Wednesday. Returns and prices move in opposite directions.

Many asset managers expect that volatility in the stock markets will not necessarily ease with the start of a new quarter on Friday. But with returns still trading at historically low levels, many acknowledge that few places outside of the stock market can make consistent, desirable profits. Even with the September slump, the S&P 500 is still up about 15% year-to-date.

“People realize that stocks are the only asset with real expected returns. The market seems to be dragging higher in this alternative environment, ”said Edward Park, chief investment officer at UK investment firm Brooks Macdonald. “This will not last if the central banks make it clear that they are raising interest rates regardless of the growth background.”

Investors have sold stocks of big tech companies.


Photo:

brendan mcdermid / Reuters

Looking ahead to the fourth quarter, some strategists and investors expect cyclical and small-cap stocks to outperform, especially as rising bond yields dampen the glitz of growth stocks. Stocks of growth companies, including big tech stocks, tend to perform better in low-yielding environments, as investors have more incentives to buy stocks and expect higher profits in the future.

“We’re seeing history repeat with another strong fourth quarter, led by small-caps and value like last year,” said Ryan Detrick, chief market strategist at LPL Financial.

However, on Thursday, many growth stocks outperformed while financial, industrial and consumer staples suffered. Netflix was up $ 11.28, or 1.9%, to finish at $ 610.34, while Advanced Micro Devices was up $ 2.55, or 2.5%, to $ 102.90.

Stocks in companies from Alaska Air Group to building materials supplier Martin Marietta Materials,

however, withdrew, with both losing more than 3%.

On corporate news, Virgin Galactic Holdings’ shares rose $ 2.74, or 12%, to close at $ 25.30 after the leading U.S. aviation security agency announced it had re-approved the company to conduct space flights. Bed Bath & Beyond shares fell $ 4.93, or 22%, to $ 17.27 after the retailer cut its annual forecast as it reported slower traffic in its stores due to the Delta variant and supply chain challenges .

Brent crude futures, the benchmark in international energy markets, fell 0.2% for the day to $ 78.52 a barrel.

Overseas, the pan-continental Stoxx Europe 600 closed almost unchanged and recorded a decline of 3.4% over the course of the month. The index ended the quarter higher.

The indices in Asia closed with mixed performance. The Chinese Shanghai Composite gained 0.9% over the course of the day and rose 0.7% over the month. Hong Kong’s Hang Seng fell 0.4% in daily trading, increasing its monthly losses to 5%. Concerns about Chinese growth and the resilience of the property sector weighed on global sentiment this quarter.

Write to Caitlin McCabe at caitlin.mccabe@wsj.com and Caitlin Ostroff at caitlin.ostroff@wsj.com.

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