3 Red-Hot Stocks That Could Continue to Crush the Market


Motley Fool 11 July, 2021 - 06:00am 21 views

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Economic recovery concerns and inflation worries have been no match for a smoking-hot stock market. The industrial sector is helping to lead the charge. It sports a fair share of up-and-coming growth stocks, as well as large traditional businesses -- many of which are beating the market. 

We asked some of our contributors which stocks they thought could continue to crush the market. They chose Zebra Technologies (NASDAQ:ZBRA), Waste Management (NYSE:WM), and NIO (NYSE:NIO)

Lee Samaha (Zebra Technologies): Zebra's stock is up 111% over the last year and by 39% in 2021. That's a comfortable outperformance, and it comes as the company's technology has come to the fore during the pandemic.

Zebra is a manufacturer of what management calls "enterprise asset intelligence" solutions. In plain English, mobile computers, barcode scanners, specialty printers, RFID printers and readers, and other products are used by workers to gather information. Real-world examples of its technology include e-commerce warehouses using scanners to monitor workflows, retailers managing inventory, and healthcare workers tracking and tracing medical products.

Global supply chains came under a lot of stress during the pandemic, so, understandably, many companies are making investments in Zebra's technologies a priority. Whether companies are looking to invest in automating production in a warehouse or capturing data to use with advanced analytics in a retail or healthcare environment, Zebra's hardware and software solutions have the answer.

As such, management expects adjusted net sales growth of 18% to 22% in 2021, having started the year forecasting 10% to 14%. Clearly, momentum is behind the company, and it's likely the expansion of smart automation and digitization in the industrial economy is going to encourage multi-year growth in sales of Zebra's solutions.

Trading on 31 times estimated 2021 earnings, Zebra wouldn't be seen as a value stock by most. Still, investors should keep an eye out for its results because it wouldn't be a surprise to see Zebra upgrade guidance again, given the reopening economy.

Daniel Foelber (Waste Management): You may want to keep your distance when passing one of the hundreds of landfills owned by Waste Management, North America's largest integrated trash and recycling services company. But the company's stock performance has left investors smelling like a rose. Waste Management stock is up over 20% so far this year and just blasted to a new all-time high last week. 

While trash and recycling are a steady business model that tends to perform in good times and bad, Waste Management generates a substantial amount of revenue from its industrial and commercial clients. As business slowed during the pandemic, these businesses naturally produced less waste, which presented a challenge. The company responded by implementing cost-cutting measures, many of which it expects will be permanent.

These strategic decisions along with its resilient and diversified customer base across a slew of different industries helped it generate plenty of free cash flow (FCF) and net income to support its dividend. The company just raised its dividend for the 18th consecutive year and instituted a new share buyback program. All told, the company plans to distribute nearly $1 billion in dividends and buy back up to $1.35 billion in stock this year. 

Waste Management has the potential to combine its stable and recession resilient business model with the upside of environmentally conscious consumers who are increasingly interested in limiting waste output. During a recent talk at WasteExpo 2021, CEO Jim Fish highlighted the role Waste Management could play in managing and providing the waste necessary for companies to produce plastics and chemicals from sustainably sourced materials. Converting this proposition to profit remains uncertain. But it's a nice long-term trend that's worth following.

Scott Levine (NIO): NIO sputtered along during the first five months of 2021, falling nearly 21%, but the company's stock has taken a U-turn over the past few weeks and is charging higher. In fact, shares of NIO soared nearly 38% in June while the S&P 500 crept more than 2% higher. And there's plenty of reason to believe that this EV manufacturer can continue racing ahead in the days to come.

In the first quarter of 2021, NIO reported strong growth in the number of deliveries. Achieving a company quarterly record, NIO delivered 20,060 vehicles in the first quarter of the new year, representing year-over-year growth of 490%. But the record was short-lived. Last week, NIO announced that it delivered 21,896 vehicles, a year-over-year increase of 112%, in the second quarter, representing a new quarterly high-water mark. 

Looking beyond the second quarter, investors will find that the company is working at expanding its charging infrastructure in China through 2021 -- a move that will help assuage the fears of potential customers who are worried about the convenience of charging their vehicles. As of the end of the first quarter, NIO had 206 battery swap stations, yet management forecasts expanding this to over 700 stations by the end of the year. In addition, the company, which had 146 charging stations in its network at the end of March, plans on growing this out to 600 charging stations by year-end.

Besides its efforts to grow its presence in China, NIO aspires to gain a foothold in Europe as well. Last month, the company announced it received approval for the production of its SUV, NIO ES8, including approval for the associated license registrations of the vehicle. The company plans to deliver the first vehicles to Norway, which will be NIO's first overseas market, in September.

Providing customers in China with a variety of solutions for keeping their vehicles charged, NIO is aggressively addressing the range anxiety that plagues potential EV owners. It plans on bringing a similar suite of solutions to Europe when it begins deliveries of the vehicles -- something that is distinguishing it from its peers and which should help the company continue on the road to future growth.

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An American Airlines flight to the Bahamas had to be canceled after a group of unruly teenagers refused to wear masks

Yahoo News 11 July, 2021 - 09:08am

Other passengers said the group, who were on their graduation trip, were being "terrible kids."

The flight, which was headed to the Bahamas, didn't take off until the following morning.

See more stories on Insider's business page.

An American Airlines flight to the Bahamas was canceled, and its passengers were delayed overnight after a group of high school students refused to wear their face masks.

Flight 893 was about to depart from Charlotte, North Carolina, on Monday night when a mechanical issue forced 172 passengers to switch to a different airplane.

As they were waiting to be reboarded, some of the students in the group refused to follow mask instructions from the crew, a spokesperson for American Airlines told Insider.

"Passengers traveling on American Airlines Flight 893 from Charlotte to Nassau, Bahamas were reported to be noncompliant with the federal mask mandate, became disruptive to other customers, and refused to follow crew member instructions while onboard," the spokesperson said.

According to the Washington Post, some group members were also playing music with "profane" lyrics through a speaker and failing to stay in their seats on the plane.

Another passenger, Christina Randolph, said: "All they had to do was follow the rules, put the mask on, sit there. No smart-mouth comments. And they couldn't do it," according to WSOC-TV.

Randolph is a nurse who said she doesn't get much time off. "So when you finally get time off, you really want to be somewhere you want to be," she added.

Travel company Breakaway Beach, which organized the trip for the students, claimed only one person out of 47 was behaving badly even though American Airlines said 30 of the students were involved in the incident, the Post reported.

"(T)he act of one individual is not the responsibility of others, and the students that were abiding by the rules should not have had to endure this type of treatment," Breakaway Beach president Eugene Winer said in a statement to the Post. "The group was treated in an improper and overly harsh manner, causing unnecessary stress and aggravation to the travelers and their parents from afar."

As a result of the incident, the flight had to be delayed overnight and passengers had to stay in airport hotels.

The teenagers were allowed to board the new flight the following morning after employees in Charlotte confirmed with them that they would comply with the mask policy, according to CNN.

The incident is one of the latest involving passengers refusing to comply with coronavirus safety measures aboard planes.

Since January 2021, the Federal Aviation Administration has received 2,500 reports of unruly behavior by passengers, most of which involve travelers refusing to comply with the federal mask mandate.

The rise in passenger aggression is having a significant effect on flight attendants across the country, who recently told Insider they've been struggling with their mental health.

Read the original article on Business Insider

The Federal Aviation Authority announced that it dealt an airline passenger a $10,500 fine for refusing to cover his nose with his mask.

The police boarded the plane in Miami and appeared to arrest a man, a passenger on the flight tweeted.

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The self-anointed "Dogefather" had some thoughts on the memecoin's underlying blockchain technology.

Passengers say they spent the final hour of Flight 2289 with their hands on their heads, and armed police boarded the plane after it landed

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One of the most traveled portions of Florida’s Turnpike in getting to Walt Disney World and Universal Orlando Resort will be shut down nightly for a few days, impacting summer travel plans.

With Disneyland Paris introducing a new paywall for access to expedited lines, it's easy to see why Disneyland and Disney World may follow suit. Let's go over reasons why it might not happen.

The Maine Bureau of Motor Vehicles (BMV) is actively deregistering Mitsubishi Delicas that were imported to the United States and previously registered in Maine under the well-known 25-year federal import rule. Ever since seeing that, we’ve been trying to track down more answers from the Maine BMV and Maine Secretary of State’s office. Crankshaft Culture did the digging on the Mitsubishi Delica Owners Club Facebook page, and uncovered that Maine has been sending letters out to folks in the state who currently own Delicas.

Spain’s top diplomat pushed back Friday against French cautions over vacationing in the Iberian peninsula, as southern Europe’s holiday hotspots worry that repeated changes to rules on who can visit is putting people off travel. On Thursday, France’s secretary of state for European affairs, Clément Beaune, advised people to “avoid Spain and Portugal as destinations” when booking their holidays because the French government is considering restrictions on travel to the Iberian neighbors, where COVID-19 infections are surging. Spanish Foreign Minister Arancha González Laya said the current surge is not translating into more hospitalizations and urged people to be “proportionate” in their response to pandemic trends.

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The Sheep Heid Inn in Edinburgh is said to be Scotland's oldest restaurant and one of the oldest in the world. Here's what it's like to visit.

United Airlines prepares for winter travel, adds flights to warm-weather destinations

Fox Business 11 July, 2021 - 09:08am

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As part of its largest order ever for 270 Boeing and Airbus jets, United Airlines will undertake a nose-to-tail transformation of its fleet and offer a new and improved in-flight experience for passengers.

United Airlines is already gearing up for winter travel.

On Friday, the airline announced that it is adding almost 150 new daily flights to warm weather locations in the U.S., Mexico, the Caribbean and Central America this winter. 

According to the announcement, United is adding the flights in anticipation of a continued resurgence in demand for travel. 

From November of this year through March, United will have 137 more flights than it did in 2019, the announcement said

The airline will also be increasing service to the Caribbean, Mexico and Central America by 30% compared to 2019. 

Some of those new routes include flights from Denver, Los Angeles, New York/Newark, San Francisco and Washington, D.C., to Belize City, Belize; Cozumel, Mexico; Liberia, Costa Rica and Nassau, Bahamas, the announcement said.

"Celebrating the holidays with family and loved ones in 2020 was a challenge, and we know our customers are already eager to plan winter vacations and gatherings in person this year to make up for time that they lost," Ankit Gupta, United’s vice president of network planning, said in a statement. "As pandemic restrictions ease, people are becoming more confident in planning travel further in advance, so we want to make sure to offer our customers as much choice as possible."

Last month, United ordered 270 Boeing and Airbus jets, the airline’s largest order ever, and announced that it plans to hire about 25,000 new employees by 2026, FOX Business previously reported.

At the same time, United also revealed that it will upgrade its fleet for an improved in-flight experience for passengers. 

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WATCH: American Airlines Flight Hands on Head Video

Heavy.com 10 July, 2021 - 12:43pm

A viral video shows passengers on an American Airlines flight being made to put their hands on their head after leaving the Los Angeles airport. You can watch the video later in this article.

A passenger says they were told to put their hands on their heads for close to an hour toward the end of a flight from Los Angeles to Miami.

Chris Nguyen, a passenger from Orange County, California, wrote on Twitter, “The arrest happened when 2289 landed in Miami (flight landed at 4:42 ET). Passengers were ordered to put their hands on their heads for 45-60 minutes before landing. Strangely, passengers were repeatedly told not to film on the plane.”

According to Independent, American Airlines responded, “On July 7, American Airlines flight 2289, a Boeing 777-300 operating from Los Angeles (LAX) to Miami (MIA), was met by law enforcement upon landing at MIA due to a possible security threat on board. Passengers were deplaned and bused to the terminal, and the aircraft was inspected by authorities. Safety and security is our top priority and we apologize to our customers for any inconvenience this caused.” The airline did not provide additional details.

Another Twitter user wrote, “Craziest experience of my life…Passengers are traumatized for life.”

Here’s what you need to know:

The arrest happened when 2289 landed in Miami (flight landed at 4:42 ET). Passengers were ordered to put their hands on their heads for 45-60 minutes before landing. Strangely, passengers were repeatedly told not to film on the plane. pic.twitter.com/rxInzwRi4a

— Chris Nguyen (@imaNguyener) July 8, 2021

Nguyen also shared a Washington Post story about whether you can use cell phones on planes, writing, “A @washingtonpost piece from 2018: ‘…the cellphone is your last, best weapon against bad airline service. Everything else has been taken from passengers. But we still have our phones. We should be ready to use them.'”

He also shared video from inside the terminal, writing, “Here’s the MIA terminal where passengers were forced to wait after getting off the plane.”

Here's the MIA terminal where passengers were forced to wait after getting off the plane. pic.twitter.com/EKlMuaHQzq

— Chris Nguyen (@imaNguyener) July 8, 2021

He wrote KTLA-TV’s news desk on Twitter, writing, “Any idea why law enforcement came on with machine guns and arrested a guy on @AmericanAir Flight 2289 from LAX to MIA?” KTLA-TV responded, “What time did this happen? Was the person arrested in LA or Miami? Do you have videos you would be willing to share with us?” He then shared the video.

Another customer wrote, “Tell me why I had the scariest American Airlines flight from LA to Miami that the swat team got on- aiming their big ass guns at all passengers with no explanation…. had to stay in a diff city with no luggage or anything for 24 hours, etc and they refuse to give me a refund lol.”

Tell me why I had the scariest American Airlines flight from LA to Miami that the swat team got on- aiming their big ass guns at all passengers with no explanation…. had to stay in a diff city with no luggage or anything for 24 hours, etc and they refuse to give me a refund lol

— PRISCILLA (@prisbronx) July 10, 2021

People had varied reactions to the video on social media. Here are some of them:

“Many times bad characters want to be seen on video and may have seen your filming as his/her opportunity. Although I agree that there’s been a tremendous amount of government overreach; however I see this as AA doing what’s best to protect their passengers,” a Twitter user wrote.

“Let’s be real. For any real threat they would not have flown another HOUR! It would have been an emergency landing at closest airport. This stinks of something strange,” a Twitter user wrote.

“So you filmed anyway? They want the hands up so they’re busy if your hands are not on your head you might be mistaken as the kind of people that do stupid things on airplanes,” wrote another.

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