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One stock that might be an intriguing choice for investors right now is ASML Holding N.V. ASML. This is because this security in the Semiconductor Equipment - Wafer Fabrication space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is arguably taking place in the Semiconductor Equipment - Wafer Fabrication space as it currently has a Zacks Industry Rank of 3 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Retail stocks have slumped this year. While many chalk up the declines to competition from online retail behemoth Amazon (AMZN) , famed market expert Peter Schiff, CEO of Euro Pacific Capital, doesn't agree. "Amazon has been here for a long time - this is the worst year for retail - it's worse than 2008 and 2009," he said. "This is because consumers are broke - they have lousy jobs, they're loaded up with debt and they can't afford to buy stuff." He pointed to Foot Locker's (FL) 25% decline on Friday. Schiff isn't comforted by the double-digit gains in earnings growth for the past two quarters in U.S. stocks. "Let's see what happens if we go to a recession which is going to impeded [companies']
A cascading number of events over the past several months have forced Silicon Valley to finally confront its long-standing issues with diversity and sexism. To name a few: There was the blog post from former Uber Technologies Inc. engineer Susan Fowler, which detailed the ride-hailing startup's systemically bad treatment of women and kicked off a series of investigations into alleged sexual harassment; then several female entrepreneurs came forward with stories of sexual harassment and predatory behavior from influential venture capitalists; and earlier this month, fired Alphabet Inc. (GOOGL) engineer James Damore penned a sexist memo that circulated among employees, and later leaked, claiming that