Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge

Video Credit: The Street - Duration: 01:23s - Published < > Embed
ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge

ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge

Investors fixated on the trade negotiations, which are heating up now, should watch these three stocks: Nvidia Corp.

, Advanced Micro Devices , and Intel Corp.

.

It's becoming clearer that a deal between the U.S. and China could certainly include more Chinese purchases of U.S. semiconductor equipment.

That bodes well for the U.s. chip giants for sure.

Macro View Let's blow out the trade picture even more.

A trade deal between the U.S. and China would likely be a long-term positive for the global economy, but could also be a meaningful headwind to some EU stocks.

"If such an agreement were based on a broad basket of goods, advanced European economies could lose the most demand from China given their similar export composition to the US, implying downside risk to EUR," wrote Goldman Sachs strategists in a note out Tuesday.

China would be buying more goods from the U.S. than it currently is, meaning Chinese companies' demand for goods in the industries from the EU would fall.

There's currently much reason to look to the EU for value, or overseas more broadly, as Glenmede's chief investment officer Jason Pride pointed out in a note out Tuesday the average forward earnings multiple on the S&P 500 is 16.2, above the long-term historical average of 15.4.

Watching trade developments will be key.

Walmart Walmart Inc.

, RealMoney's stock of the day, beat earnings estimates Tuesday morning, but one of the keys that validated investor confidence in the company was its 43% year-over-year e-commerce growth rate.

See Kevin Curran's in-depth coverage on Walmart and its e-commerce agenda.

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Markets Rebound. Thank Walmart. [Video]Markets Rebound. Thank Walmart.

The retail giant reported quarterly earnings, and futures turned on a dime. Walmart beat consensus estimates on earnings and revenue and boosted its full-year outlook for same-store sales.

Credit: Cheddar Inc.     Duration: 05:03Published

3 Things to Watch: Futures Point to Recovery, Amazon, Walmart Help Lift Markets [Video]3 Things to Watch: Futures Point to Recovery, Amazon, Walmart Help Lift Markets

U.S. futures are pointing to a solid open Thursday, August 15, as markets attempt to recover from an 800 point selloff of the Dow on Wednesday, August 14, as investors got spooked an inverted Treasury..

Credit: The Street     Duration: 00:42Published

Is President Trump a Pro-Stocks President? [Video]Is President Trump a Pro-Stocks President?

Let's talk trade. Kenny Polcari, managing principal at Butcher Joseph Asset Management, sat down with TheStreet to talk about the postponement of the tariffs--which was announced Tuesday, Aug. 13. ..

Credit: The Street     Duration: 03:02Published

Why Jim Cramer Isn't Sold on WeWork [Video]Why Jim Cramer Isn't Sold on WeWork

Are you ready to invest in The We Company? Jim Cramer isn't. WeWork filed its S-1 with the Securities and Exchange Commission on Wednesday, Aug. 14. The company will be the second-biggest IPO of the..

Credit: The Street     Duration: 00:59Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.