2020年8月1日星期六

5 Top Stocks for August

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Welcome to StockUp, the investing newsletter dropped into a forgotten spot in your inbox by providence. This week, we've rounded up five promising investments that could turn up the heat on the dog days of summer. Plus, a big ol' update on all things stimulus-related, and some useful investing advice from a certain musical you might have distantly heard of.
— Nathan Alderman, StockUp Editor
HOTTER THAN ASPHALT, COOLER THAN A POPSICLE

5 Top Stocks for August


If we knew what the market was going to do next — especially in this tumultuous year — we'd be a lot richer, and a lot less stressed out. But we've found five brave Fools willing to make their best educated guesses at stocks that might boost your portfolio in the month ahead and beyond. Their picks include:

  • A beaten-down apartment REIT that seems likely to bounce back, thanks to its careful focus on markets where housing's in short supply.
  • A certain mouse that's watching COVID-19 nibble away at its cheddar — but still seems ready to roar.
  • A streaming video giant that's lived through stranger things than this, and retains huge international growth potential.
  • A tech behemoth that sees a future whose blue skies are also increasingly cloudy. (In a good way.)
  • A scorned shoe stock with fundamentally solid arch support and plenty of pep in its step.

Learn more about each of these five contenders (whose identities may or may not be a surprise to you) when you read the rest.


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STIMULUS CLUSTERCUSS OMNIBUS

Economy, Stimulus Plan Both Apparently Shrinking

Look, don't blame the House of Representatives. Whatever you think of the HEROES Act and its provisions, they passed it months ago. No "the dog ate my homework" from those folks.

But as the economy-sustaining provisions from the previously passed CARES Act race toward their expiration dates — assuming they haven't already passed them — the nationwide resurgence in out-of-control COVID-19 cases and the resulting shutdown measures needed to reduce infections, hospitalizations, and deaths demand some kind of additional government assistance.

But after procrastinating for months, leadership in the Senate and the White House — who should theoretically be on the same page about all this — are now stumbling over one another in disputes over what form their preferred economic aid should take.

This story's so big and so complicated that instead of pointing you toward a single Fool piece, we've corralled a bunch of them, each exploring a different facet of the ongoing debates and disputes:

  • First, the good news: It seems like everyone across the government and on both sides of the aisle is on board for some kind of new stimulus payments. Fool analyst Christy Bieber breaks down how the differences on this front are small, and likely easily surmounted.
  • Now the not-so-good news: The Senate wants to dramatically shrink the expanded unemployment benefits from the CARES Act, believing that generous pandemic payments leave people disinclined to seek out jobs. (In fairness, the potentially lethal or debilitating viral pandemic currently raging out of control might be a discouraging factor there, too.) But as Fool analyst Maurie Backman notes, the stingier payments could ultimately backfire on the economy, leaving even people who still have jobs less willing to spend.
  • The Senate's plan doesn't include expanded food aid for millions of Americans newly facing hunger, according to The Washington Post. But it does help businesses — and restaurants — keep their bellies full, with a provision that would let companies fully deduct the cost of business meals. Great news for corporate accountants; potentially good news for restaurants and their employees; not so great for, you know, hungry children and families.
  • Why do we need another aid package so desperately? Jobs, or the lack thereof. June's employment numbers, promising on the surface, contained a hidden time bomb: An increasing percentage of newly laid-off folks likely wouldn't be able to get those jobs back, according to the Bureau of Labor Statistics. Surveys of the newly jobless show that 47% of them now think their jobs may be gone for good, up from 22% in April. Some estimates suggest that if and when the economy bounces back, 10 million jobs might not come back with it.

ALEXA, ARE "IT DEPENDS" AND "NO" THE SAME THING?
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THAT WOULD BE ENOUGH

9 Investing Lessons From Hamilton

How do investors, jesters, Fools on a quest for financial
chances for advancement match wits
with the Wall Street wise, a rival enterprise,
yet still outwit those joker brokers many times their size?
No revolution, just a clear solution: Open eyes!
Even the strangest source might hide, inside, a useful prize.
Like, say, a musical, multiply decorated and recitated,
in which hip-hop and history, successfully conflated,
also smuggle, through a story of strife and struggle, some truths
we hold self-evident, yet relevant for Foolish use.
Whether you’ve never even seen it, or you know each line,
we’ve found investing tips from Hamilton. They number nine!
A little levity: Some stock advice, concise, with brevity
that you can leverage to bevel-edge your investing celebrity.
We planned for this. Fool analyst Kirsten Guerra’s spent her spare
time parsing lyric fights in wigs and tights for tips to share.
No need to throw away your shot to put us to the test.
You know our name, and you'll know more, soon as you read the rest.
AS EXCITING AS WATCHING PAINT DRY

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THE HAMBURGLAR DENIES INVOLVEMENT

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INDEXTERITY

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