Get Real: Trump, Takeovers, and Top Stocks
In today’s Get Real market newsletter, we took a closer look at a potential Tesla takeover and at Trump’s part in US steel. Plus, a rebound for Boeing.
Dec. 2 2019, Updated 10:49 p.m. ET
In today’s Get Real market newsletter, we took a closer look at a potential Tesla takeover and at Trump’s part in the US steel sector. Plus, a rebound for Boeing, top gaming stocks, and more.
Must-knows
Ford Mach-E: Move over, Tesla
Last month, Ford (F) unveiled the Mustang Mach-E, its first all-electric SUV, and the First Edition model is already sold out. Tesla’s (TSLA) Model Y might have a strong competitor in the Mach-E in this phase of the EV race.
Boeing’s November rebound
November was the best month Boeing (BA) has had since the 737 MAX grounding struggles began. Boeing hopes to obtain its Federal Aviation Administration clearance this month, but the market seems skeptical about the timeline.
PG&E: Rolling with the haters
PG&E Corporation (PCG) received strong criticism for its preemptive blackouts in California—even though significant damage was prevented. The utility is bankrupt and trying to reduce its wildfire-related liabilities through pre-planning this season.
Morgan Stanley downgrade takes a toll on Roku
Roku stock (ROKU) tumbled following a downgrade from Morgan Stanley analyst Benjamin Swinburne. Roku has had a strong year altogether, though it has been struggling with profitability.
Is Tesla still worth the buy?
Tesla (TSLA) has seen considerable growth since its third-quarter earnings release in October, but it’s still underperforming its peers. Investors are concerned that the stock might be overbought, considering its recent run-up.
What to watch for
Gaming stocks could be a good bet
Over the years, gaming stocks have done well to generate investor wealth. We compiled three of the top gaming companies to place your bet on for the new year.
Can Trump sustain US steel once again?
US steel stocks outperformed the broader markets and underwent a domestic price rebound in November. Now President Trump’s recent tariff restoration announcement is driving steel stocks even higher.
Apple’s hidden holiday gem
Apple Card, Apple’s (AAPL) Goldman Sachs–backed credit card, could be the company’s secret weapon for this holiday season. The credit card is expected to boost Apple’s entire ecosystem, and it also has the potential to make iPhones more affordable.
Utilities could be running out of steam
The Utilities Select Sector SPDR ETF (XLU) represents the top utility stocks, and it’s showing signs of slowing down after a good run this year. However, increased trade war tensions and global slowdown concerns are likely to urge investors toward defensive stocks.