S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength

Your stocks to watch for the week ahead are Cheniere Energy (LNG), S&P 500 biotech giant Vertex Pharmaceuticals (VRTX), Cardinal Health (CAH), Steel Dynamics (STLD) and Genuine Parts (GPC).

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While the market remains in correction, with analysts and investors wary of an economic downturn, these five stocks are worth adding to watchlists. S&P 500 medical giants Vertex and Cardinal Health have been holding up, as health-care related plays tend to do well in down markets.

Steel Dynamics and Genuine Parts are both coming off strong earnings as both the steel and auto parts industries report optimistic outlooks. Meanwhile, Cheniere Energy saw sales boom in the second quarter as demand in Europe for natural gas continues to grow.

Major indexes have been making rally attempts with the Dow Jones and S&P 500 testing weekly support on Friday. With market uncertainty, investors should be ready for follow-through day breakouts and keep an eye on these stocks.

Cheniere Energy, Cardinal Health and VRTX stock are all on IBD Leaderboard.

Cheniere Energy Stock
LNG shares rose 1.1% to 175.79 during Friday’s market trading. On the week, the stock advanced 3.1%, not from highs, bouncing from its 21-day and 10-week lines earlier in the week.

Cheniere Energy has been consolidating since mid-September, but needs another week to forge a proper base, with a potential 182.72 buy point formed on Aug. 10.

Houston-based Cheniere Energy was IBD Stock Of The Day on Thursday, as the largest U.S. producer of liquefied natural gas eyes strong demand in Europe.

Even though natural gas prices are plunging in the U.S. and Europe, investors still see strong LNG demand for Cheniere and others.

The U.K. government confirmed last week that it is in talks for an LNG purchase agreement with a number of companies, including Cheniere.

In the first half of 2021, less than 40% of Cheniere’s cargoes of LNG landed in Europe. That jumped to more than 70% through this year’s second quarter, even as the company ramped up new export capacity. The urgency of Europe’s natural gas shortage only intensified last month. That is when an explosion disabled the Nord Stream 1 pipeline from Russia that had once supplied 40% of the European Union’s natural gas.

In Q2, sales increased 165% to $8 billion and LNG earned $2.90 per share, up from a net loss of $1.30 per share in Q2 2021. The company will report Q3 earnings Nov. 3, with investors seeing booming profits for the next few quarters.

Cheniere Energy has a Composite Rating of 84. It has a 98 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share price movement with a 1 to 99 score. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 41.

Vertex Stock
VRTX stock jumped 3.4% to 300 on Friday, rebounding from a test of its 50-day moving average. Shares climbed 2.2% for the week. Vertex stock has formed a tight flat base with an official buy point of 306.05, according to MarketSmith analysis.

The stock has remained consistent over recent weeks, while the relative strength line has trended higher. The RS line tracks a stock’s performance vs. the S&P 500 index.

Vertex Q3 earnings are on due Oct. 27. Analysts see EPS edging up 1% to $3.61 per share with sales increasing 16% to $2.2 billion, according to FactSet.

The Boston-based global biotech company dominates the cystic fibrosis treatment market. Vertex also has other products in late-stage clinical development that target sickle cell disease, Type 1 diabetes and certain genetically caused kidney diseases. That includes a gene-editing partnership with Crispr Therapeutics (CRSP).

In early August, Vertex reported better-than-expected second-quarter results and raised full-year sales targets.

S&P 500 stock Vertex ranks second in the Medical-Biomed/Biotech industry group. VRTX has a 99 Composite Rating. Its Relative Strength Rating is 94 and its EPS Rating is 99.

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Cardinal Health Stock
CAH stock advanced 3.2% to 73.03 Friday, clearing a 71.22 buy point from a shallow cup-with-handle base and hitting a record high. But volume was light on the breakout. CAH stock leapt 7.3% for the week.

Cardinal Health stock’s relative strength line has also been trending up for months.

The cup-with-handle base is part of a base-on-base pattern, forming just above a cup base cleared on Aug. 11.

Cardinal Health, based in Dublin, Ohio, offers a wide assortment of health care services and medical supplies to hospitals, labs, pharmacies and long-term care facilities. The company reports that it serves around 90% of hospitals and 60,000 pharmacies in the U.S.

S&P 500 stock Cardinal Health will report Q1 2023 earnings on Nov. 4. Analysts forecast earnings falling 26% to 96 cents per share. Sales are expected to increase 10% to $48.3 billion, according to FactSet.

Cardinal Health stock ranks first in the Medical-Wholesale Drug/Supplies industry group, ahead of McKesson (MCK), which is also showing positive action. CAH stock has a 94 Composite Rating out of 99. It has a 97 Relative Strength Rating and an EPS rating of 73.

Steel Dynamics Stock
STLD shares shot up 8.5% to 92.92 on Friday and soared 19% on the week, coming off a Steel Dynamics earnings beat Wednesday night.

Shares blasted above an 88.72 consolidation buy point Friday after clearing a trendline Thursday. STLD stock is 17% above its 50-day line, definitely extended from that key average.

Steel Dynamics’ latest consolidation could be seen as part of a larger base going back six months.

Steel Dynamics topped Q3 earnings views with EPS rising 10% to $5.46 while revenue grew 11% to $5.65 billion. The steel producer’s outlook is optimistic despite weaker flat rolled steel pricing. STLD reports its order activity and backlogs remain solid.

The Fort Wayne, Indiana-based company is among the largest producers of carbon steel products in the U.S. It engages in metal recycling operations along with steel fabrication and produces myriad steel products.

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STLD stock ranks first in the Steel-Producers industry group. STLD stock has a 96 Composite Rating out of 99. It has a 90 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share-price movement that tops at 99. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 98.

Genuine Parts Stock
GPC stock gained 2.8% to 162.35 Friday after the company topped earnings views with its Q3 results on Thursday. For the week GPC advanced 5.1% as the stock held its 50-day line and is in a flat base.

GPC has an official 165.09 flat-base buy point after a three-week rally, according to MarketSmith analysis.

The relative strength line for Genuine Parts stock has rallied sharply to highs over the past several months.

On Thursday, the Atlanta-based auto parts company raised its full-year guidance on growth across its automotive and industrial sales.

Genuine Parts earnings per share advanced 19% to $2.23 and revenue grew 18% to $5.675 billion in Q3. GPC’s full-year guidance is now calling for EPS of $8.05-$8.15, up from $7.80-$7.95. The company now forecasts revenue growth of 15%-16%, up from the earlier 12%-14%.

During the Covid pandemic, supply chain constraints caused a major upheaval in the auto industry, sending prices for new and used cars to record levels. This has made consumers more likely to hang on to their existing vehicles for longer, driving mileage higher and boosting demand for auto replacement parts.

Fellow auto stocks O’Reilly Auto Parts (ORLY) and AutoZone (AZO) have also rallied near buy points amid the struggling market. O’Reilly reports on Oct. 26.

IBD ranks Genuine Parts first in the Retail/Wholesale-Auto Parts industry group. GPC stock has a 96 Composite Rating. Its Relative Strength Rating is 94 and it has an EPS Rating of 89.

How Google Makes Google Advertising Work

Google serves as a spokesperson of advertising online. Millions of visitors each day, Google is more than a key resources that every online entrepreneur can use to promote their online business. As an advertising avenue Google is the easiest lane that every entrepreneur should know. It is not just a search engine; Google has a variety of services, a cool tools to promote your online business.Now, to understand more let us see the key resources you can use to promote your online business.1. Web Search
Google is the easiest way to us for free advertising. I know this is not very easy for the new starters, to achieve the highest ranking possible, but with the basic of getting the right keywords on your website to increase your popularity will help your website get on its way to the top. Catch the eye of your audience, if you want to get listed, make your first paragraph of the text count since Google looks at the first block of text.2. Sitemaps
Google spiders which constantly index your web pages predict accurately when they will visit your site. It crawl your pages, however, it is uncertain that they have indexed all your web pages in one time, may be just a part of your site every single visit.3. AdSense
This is Google affiliate program which is visible on your website. You will get a percentage whenever a visitor clicks on these ads that sit on your website. This is free to use, in other words, you are compensated each time it clicks. Sounds cool. As Google knows which ads would match to appear on your website, informative content and sales pitches.4. AdWords
Google AdWords are ads that you create to promote your business and that Google works for you. Each step of your business concerns should be about solving a problem for your customer. Google services and tools will help you achieve your goal. There are three features Adwords creating advertising opportunities:· On the right side of the page next to Google is “organic” search results
· On other sites as AdSense ads
· Alongside your e-mail messages in GmailWith Google AdWords, you are in control of how much they cost. AdWords members create their own ads and bid on the keywords they want to trigger the appearance of their ads on Google and its member sites. The moment you submit, your ad is posted within a few minutes and who knows, your ads may be featured as one of the top rank on the list. Google ranking formula is not simply calculated on the amount of money, one does bid on the keyword, moreover, the formula looks like this:CPC (cost per click) x CTR (click-through rate) = RankingEverything has been figured out; As the Google Philosophy – “Focus on the user, and all else will follow”

Skin Care – Why Bother?

Skin care is much more than just buying expensive skin care products and hoping they’ll keep the skin looking healthy and young. The skin is a living, breathing organ that reflects the body’s general state of health, irrespective of what skin care products you choose to use.In the following article we will look at the type of skin care that should be used at different stages in our lives and other factors you need to include in your ‘health plan’ to maximize the long term health of your skin.TeenagersWhy should a teenager, male or female, bother with skin care? After all their skin is young, supple, has no wrinkles, and has all the elasticity it requires.This is a stage at which skin is undergoing considerable change. Hormones are going ‘crazy’ and the whole body of a teenager is developing into its adult form and functions – even the skin.Acne is a probability during the teenage years and this is a very good reason to pay particular attention to your skin. Acne affects almost every teenager to some degree. In some cases acne can be so bad that it is necessary to seek professional medical advice and resort to having it specifically treated. However, in most cases, acne is more of a nuisance then a medical problem and by adopting a daily skin care regime using natural and organic skin care products, the effects of the acne can be reduced if not entirely eliminated.Young men have an additional issue with their skin – shaving. Not only do they get acne, but they start growing facial hair and begin shaving. Razor blades and acne pimples do not mix and cuts can lead to infections and spreading of acne.This should be avoided at all costs. Using natural shaving products which contain antiseptic herbs and essential oils will help to minimize infection and spreading of acne pimples.AdultsFollowing the tumultuous years of being a teenager, putting up with acne and if you’re a male starting to shave, now is the time for giving your skin all that you can to maintain its health, youthful looks and build its resistance to prevent premature aging. By now, your skin will have developed its basic skin types and your choice of natural skin care system(s) should reflect your skin types. Yes, there are usually more then one skin type.Often there is an oily T-zone while the cheeks, neck and eye regions are either normal or have a tendency to be dry. If this is the case, you literally need to treat the different areas with different products. That is, you need to use skin care products for oily skin on your oily T-zone and products suitable for normal or dry skin on the remaining area of your facial skin and neck.Again you need to take care of your skin on a daily basis and should include an exfoliant and/or facial clay mask at least once every week.As the body ages, skin cell renewal slows and elastin and collagen production also take a nose dive. This is when fine lines and wrinkles start to appear. The precise age at which this starts to happen depends on your genes and to a large extent on how well you’ve been caring for your skin; how much sun exposure your skin has been subjected to and how much exposure it has had to the elements and other environmental factors. Changing hormones also become a factor again during the 40′s and 50′s in most women.Some people’s skin looks 30 in their 70′s and they did very little to make this happen – they are the very lucky and isolated ones. Most people find that as they get older the skin reflects this by showing its age too. This is where the effort of the past few decades will start to pay off, if you’ve been using a good quality, daily skin care regime, stayed out of the sun as much as possible, eat a healthy diet rich in fruits and vegetables, and generally looked after your body’s health, your skin will reflect this also – you are what you eat and this truth starts to show itself in later years.Bothering to take care of your skin is not just for preserving a youthful, healthy skin, but your skin’s health will have a marked effect on your body’s health. The skin is a major organ that has many important functions to perform and if we do not look after the health of our skin, this can result in other, more serious health problems.Similarly, if you have health problems, these will be reflected on your skin. For example, liver problems can cause skin discolorations, as can kidney problems. The skin around the eyes is often tinged brown or black if there is liver or kidney disease. Jaundice is a well-known symptom of liver disease, for example hepatitis.Chronic dehydration will lead to dry wrinkly skin; chronic inflammation or infection can cause hypersensitivity of the skin. Skin problems can result from a deficiency of vitamin A, niacin, vitamin C and many other nutrients including several amino acids, a deficiency in dietary minerals, and so on.All the skin care products in the world will not make your skin look healthier or younger, if you do not look after and treat your internal health problems.