Is the Economy Stronger Than You Think? These 2 Stocks Say It Is.

Two companies that reported earnings recently are Mastercard (MA -0.24%) and Nucor (NUE -0.02%). Not only did we learn how these businesses are doing, but both can be great ways to get a read on how the economy is doing. In this video, contributors Matt Frankel and Tyler Crowe discuss what they’re telling us about the state of U.S. consumers and businesses — and the news could be better than you think.

*Stock prices used were the afternoon prices of Feb. 1, 2024. The video was published on Feb. 2, 2024.

Matthew Frankel, CFP® has no position in any of the stocks mentioned. Tyler Crowe has positions in Nucor. The Motley Fool has positions in and recommends Mastercard. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Source link

About The Author

Scroll to Top