Here are the takeaways from today's Morning Brief. sign up Every morning you will receive the following message in your inbox:
Let me tell you something you probably already know. We have no idea what the stock market will do in April.
However, there are two things I can say with confidence.
First, it's been another great year for investors large and small (unless you make a living investing in small-cap stocks, UPS stocks, or short sales).
The S&P 500 could rise more than 10% in consecutive quarters for the first time since Q4 2011 and Q1 2012, according to Stock Index Wizard ryan detrick At Carson Group.
From 1950 to 2023, April was on average the second-best-performing month of the calendar year, rising about 1.5%, according to Detrick data.
For reference, Nvidia (NVDA) and Meta (META), two attractive companies, are up an average of 66% year-to-date in AI Mania.
There's something great here.
And I can confidently say that you don't have to throw darts trying to pick the next great AI stock to profit from this hot market. In fact, that's exactly what you don't want to do: pick up scraps from someone else's portfolio.
Want more lasting success with stocks? Find companies in catalyst.
To get you started on the right path, here are two new examples.
One is Keurig Dr Pepper (KDP), the maker of Keurig pods, beer, and Snapple iced tea. I haven't been in contact with food industry veteran CEO Bob Gumgort for a while, but recently he and his handpicked successor Tim chatted with Cofer on his Yahoo Finance Live (here ).
I've come up with some catalysts that could move the stock price.
-
Keurig plans to introduce several innovations over the next year, including an iced coffee brewer that capitalizes on the switch to iced drinks and sustainable coffee pods that could help quiet criticism over pod disposal. . The coffee business is also likely to bottom out in the middle of this year after a difficult few quarters.
-
The company is increasingly signing lucrative new licensing deals, including with energy drink C4 and Gatorade rival Electrolit.
-
Mr. Gumgort and Mr. Cofer recently purchased shares in the company, a sign of their belief in the company's strategy and prospects.
-
Major institutional investor JAB has finally halted the sale of Keurig Dr. Pepper shares.
-
The company is considering further stock buybacks.
Targeting a dividend yield of 2.8%, it's worth doing more homework on KDP. catalyst.
Another company with a catalyst is Robinhood (HOOD), a trading platform turned financial services super app.
I had the pleasure of spending time with Robinhood co-founder and CEO Vlad Tenev last year and was impressed with how the business is evolving. It's as if everything Tenev presented regarding profitable new products in 2022 is now coming true and starting to ignite under sales and earnings.
A mature Robin Hood, so to speak.
Within the past 12 months, Robinhood launched 24-hour trading and recently launched its first-ever credit card and an overhauled trading experience.
Tenev said in the video above that the initial demand for credit cards is through the roof and could turn into significant business in the long run.
I expect Tenev to remain active in developing new products for the remainder of 2024 and deep into 2025. It believes it will increase services for retirees as it aims to take market share from legacy financial institutions.
In other words, Robinhood catalyst.
So do many other companies. Let's go find out this weekend!
Brian Sozzi I'm the executive editor of Yahoo Finance. Follow Sozzi on Twitter/X @BrianSozzi And even more linkedin. Have a tip about a deal, merger, activist situation, or more? Email brian.sozzi@yahoofinance.com.
Click here for all the latest retail stock news and events to help you with your investment strategy
