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US stock quick picks – Oct 28

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Notables

Notable Earnings Today: Ford Motor (NYSE: F), ON Semiconductor (Nasdaq: ON), Cadence Design (Nasdaq: CDNS), Waste Management (NYSE: WM), Camping World (NYSE: CWH), Rambus (Nasdaq: RMBS), Acadia Realty Trust (Nasdaq: ACAD), V.F. Corp (NYSE: VFC), F5 Networks (Nasdaq: FFIV), Hope Bancorp (Nasdaq: HOPE), Bank of Hawaii (NYSE: BOH), Brown & Brown (NYSE: BRO), TransMedics Group (Nasdaq: TMDX), Amkor (Nasdaq: AMKR), Ultra Clean Holdings (Nasdaq: UCTT), PROCEPT BioRobotics (Nasdaq: PRCT), CenterPoint Energy (NYSE: CNP), SJW (NYSE: SJW), Agilysys (Nasdaq: AGYS), Alliance Resources Partners (Nasdaq: ARLP), Atlas Energy Solutions (NYSE: AESI), Bank of Marin (Nasdaq: BMRC), Boot Barn Holdings (NYSE: BOOT), Brixmor Property (NYSE: BRX), Calix Networks (NYSE: CALX), Capital Southwest (Nasdaq: CSWC),CCC Intelligent Solutions (Nasdaq: CCCS), COPT Defense Properties (NYSE: CDP), Crane (NYSE: CR), CVR Energy (NYSE: CVI), Douglas Dynamics (NYSE: PLOW), Element Solutions (NYSE: ESI), Encompass Health (NYSE: EHC), Flowserve (NYSE: FLS), Harmonic (Nasdaq: HLIT), Inari (Nasdaq: NARI), Kforce (NYSE: KFRC), Kilroy Realty (NYSE: KRC), Leggett & Platt (NYSE: LEG), LTC Properties (NYSE: LTC), PotlatchDeltic (Nasdaq: PCH), Regency Centers (Nasdaq: REG), Safehold (NYSE: SAFE), SBA Communications (Nasdaq: SBAC), Skyline Champion (NYSE: SKY), Trex (NYSE: TREX), Welltower (NYSE: WELL).
Notable IPOs Today: Vine Hill Capital Investment Corp. Class A Ordinary Shares (Nasdaq: VCIC), Andretti Acquisition Corp. II Class A Ordinary Shares (Nasdaq: POLE).
Notable Equity Crowdfunding Campaigns Ending Today: Legion M (StartEngine), Planet Bake (Honeycomb), Trailer King Builders (Honeycomb), Power Hero (Netcapital), SoNo 1420 (StartEngine), Lucky 7 Mining (Netcaptial), Sinful Sweets (Honeys), Cutting Edge Superconductors (Netcapital), Chase Analytics (Wefunder), Happy Grub (StartEngine).
Notable Economic Events Today: N/A.

Trends to Watch

Cost-Cutting: Volkswagen weighs wage cuts, bonus reductions, Handelsblatt reports (Reuters)
Bullish3 signs Ethereum price is gearing up for a rebound toward $6K (Cointelegraph)
Musk Hypocrisy: Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally (Associated Press)
Local Tastes: Talk of a 7-Eleven Takeover Has Japan Worried About the Rice Balls (Wall Street Journal)
A Real Slick Turn of Events: Oil slips more than 4% after Iran downplays Israeli strikes (CNBC)
👀 Look out for these cryptocurrency and crypto-related events this week.

💰 Google’s Alphabet will kick off a busy week of third quarter earnings reports tomorrow, alongside technology and finance giants Visa, Reddit and PayPal, with Facebook’s Meta, Microsoft and Amazon later in the week.
– Major U.S. exchange Coinbase tops the earnings calendar for crypto watchers on Wednesday after the market close and is projected by Wall Street to post further growth in its services and subscription revenue, a key focus for the company as it diversifies from trading fees.

📣 On Thursday, the Hong Kong Monetary Authority financial regulator and Bank for International Settlements (BIS) will hold a joint conference on the “opportunities and challenges of emerging technologies in the financial ecosystem.”
– Hong Kong’s Securities and Futures Commission has said there will be more licenses for crypto exchanges by the end of the year.

💼 On Friday, the latest U.S. jobs report is expected to show a slowdown in hiring ahead of next week’s Federal Open Market Committee meeting that could deliver another cut to interest rates.