Time to do some trading.
With Turkey's currency crisis having cooled on Tuesday, perhaps the market could get back to its winning ways seen for most of July and into early August. If Boeing (BA - Get Report) or DowDuPont (DWDP) aren't your favorite trades to ride renewed short-term upside momentum, TheStreet has several names to consider.
Hat tip to the Jefferies team for sending along their 'Franchise List' of top stock picks. We have cherry-picked a few that make sense and have important characteristics like strong cash flow and businesses models.
You're welcome in advance.
It also helps that Activision dominates the emerging eSports space with its Overwatch League.
Don't let the cord-cutting movement lead you astray.
"Comcast (CMCSA - Get Report) shares are attractively valued, in our view, and the company is well positioned in video and broadband even amid mounting fears of cord-cutting. Furthermore, the FCF outlook supports higher buybacks, with the potential for meaningful EPS accretion. We believe concerns about a bid for Sky/Fox (FOXA) are largely reflected in the current valuation, though the uncertain outcome creates an overhang that could limit near-term share appreciation," Jefferies writes.
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Comcast is also a holding in Jim Cramer's Action Alerts PLUS member club. "We believe that Comcast has the best management team in the industry, and the company's robust free cash flow generation provides plenty of flexibility to stretch the balance sheet for M&A or return cash back to shareholders," writes the Action Alerts PLUS research team.
Writes Jefferies, "We see NVDA as a major beneficiary of the 4th Tectonic Shift in Computing, where parallel processing captures share in the computing market. We think NVDA's decade-long investment in CUDA has resulted in a multi-year competitive advantage. We think core Gaming will benefit from increased demand for high-end PC cards and mining GPUs for cryptocurrency. Our field work indicates that the Volta-based tensor cores (matrix multiplication) NVDA has put into its next-generation Datacenter architecture extends NVDA's lead over competitive merchant neural networking processors."
Adds the Action Alerts PLUS research team on the long-time holding, "We continue to view Nvidia as being at the center of several strong secular growth trends including gaming, the cloud (data centers) and autonomous driving."