CPNG - Stocks To Watch: Chip Talk From Intel And Applied Materials
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Podcasts, Stitcher and Spotify (click the highlighted links). The second quarter is off to a blazing start with the S&P 500 Index pushing above 4,000 on the heels of President Biden's infrastructure plan update. In the week ahead, the market focus may turn to whether Congress will pass the infrastructure plan that includes $2T in spending and higher corporate taxes. Economists at Jefferies estimate Biden's infrastructure plan overall could add 0.5 to 1 percentage points to their estimate of 5.2% growth in U.S. gross domestic product in 2022. Chips will also be in the spotlight next week, with
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Stocks To Watch: Chip Talk From Intel And Applied Materials