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Get Real: A Record Dow, Tesla Bears, and More

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In this morning’s Get Real market newsletter, we saw that the Dow Jones hit a record high on Friday—but some stocks were left in the lurch. Plus, all eyes are on earnings and some major tech updates.

Must-knows

Record high for the Dow

The Dow Jones (NYSEARCA:DIA) hit a record high on Friday alongside the S&P 500 (NYSEARCA:SPY). And of course, President Trump was quick to weigh in.

Coca-Cola stock rises on an upgrade

Last week, a Credit Suisse analyst gave Coca-Cola stock (NYSE:KO) after an upgrade to “outperform.” Here’s why the agency is betting on the stock.

A lump of Kohl

But it’s not all sunshine and roses in the consumer sector. In contrast to Coca-Cola, Kohl’s stock (NYSE:KSS) got a downgrade last week. And Abysmal holiday sales may have been the culprit.

Ups and downs for Elon Musk

Just after partner Grimes announced (or seemed to announce?) a pregnancy, Elon Musk is up against some Tesla (NASDAQ:TSLA) bears again. CFRA analyst Garrett Nelson downgraded the stock right when sentiment was finally warming up.

All eyes on Quibi

Alongside AT&T’s HBO Max and Comcast’s Peacock, the video streaming service Quibi is also launching this spring. It’s promising to be a new type of service for Millennials, and perhaps more importantly, Google (NASDAQLGOOGL) is backing this launch.

What to watch for

Will they or won’t they?

Despite this being their third attempt to merge, T-Mobile (NYSE:TMUS) and Sprint (NYSE:S) still don’t have approval for their deal. With the antitrust trial now behind us, we’re expecting a decision next month.

Alexa is coming to luxury vehicles

In the wake of CES2020, one of the biggest announcements from the show had to have been Amazon’s new automotive application for Alexa. But does it make sense for Amazon (NASDAQ:AMZN) to target the luxury and electric segments in particular?

Utility stocks’ 2020 outlook

Utility stocks have been rallying for two whole years, and valuation has become a concern. Is inflated valuation going to be a problem this year?

JPM earnings

Finally, January means a whole lot of earnings are just around the corner! And with J.P. Morgan (NYSE:JPM) reporting tomorrow, we’re expecting some stellar growth.

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