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Market watch gme5/7/2023 ![]() Charter Communications (CHTR), Dollar General (DG), Chipotle (CMG), Southwest Airlines (LUV), Kroger (KR), Truist Financial (TFC) and Southern Co (SO) are among the stocks they prefer. The bank's domestic basket of stocks has seen 3Q earnings per share estimates trimmed just 1% and those for 2023 unchanged, while the international counterpart has seen a respective 4% and 3% cut. "Continued USD strength would support the performance of stocks with 100% domestic sales relative to those with a higher proportion of foreign sales," said Kostin. Goldman says a strong dollar will weigh on company sales, while margins face rising inflation and higher inventories. That advice may be obvious to some, given the dollar has been a haven of choice in a turbulent 2022, up about 18%. equity strategist David Koston who says: "Own stocks with high U.S. Our call of the day has suggestions on stocks to help ride out this reporting season, kicking off, starting with Goldman Sachs' chief U.S. S&P 500 earnings growth estimates could reach levels not seen since the third quarter of 2020, notes John Butters, senior earnings analyst at FactSet. Yet another avenue of worry for investors is the start of earnings season, which is where lots of strategists are swiveling to right now. ![]() A fresh ratcheting up of tensions between Russia and Ukraine is not helping. trading dayĪ wobbly start to the week is underway for Wall Street, which is still smarting from too-strong jobs data and anxiously looking ahead to a CPI update.
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