Investors will be wading through knee-deep earnings for Thursday, as jitters over possible election interference rattle markets.
Also, “history doesn’t repeat but it rhymes. Look back to 1998, 1999, 2000, then 2001 to 2003 did well for names that were not the darlings.” EHealth EHTH, -2.44% is another pick. The owner of eHealth.com has seen shares drop 40% from highs this year due to some retention issues, but the company is about helping seniors buy Medicare insurance. Some “10,500 [people] every day turn 65 and are eligible,” he notes. Villere thinks the stock will climb from a current $82 to $150.
Tesla TSLA, +0.16% shares are up 5% after the electric-car maker reported its “best quarter” ever. But, as some note, Tesla didn’t manage that by selling its cars for a profit. One analyst has already upgraded those shares.Shares of chemical group Dow DOW, -1.60%, telecommunications group AT&T and drinks giant Coca-Cola KO, -0.51% and appliance maker Whirlpool WHR, -1.55% are still to come. After the close, chip maker Intel INTC, +0.13% and toy maker Mattel MAT, -0.79% will report.
Profiteering during a pandemic?