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Stock Market Highlights: The stock market reached new highs as Wall Street began the second-quarter earnings season with positive reports. Companies are surpassing estimates significantly impacted by tariffs. The optimistic outlook is further supported by favorable management commentary regarding business trends, strengthening earnings expectations for Q3 and beyond.
Financial Projections: The Federal Reserve is expected to lower interest rates in the latter half of the year, creating a bullish sentiment that extends beyond July. Investors are encouraged to focus on highly-ranked low-priced stocks (under $10), with significant potential highlighted by a selection of companies meeting specific screening criteria.
Featured Stock: PaySign, Inc. (PAYS), specializing in prepaid card programs and digital banking, has shown notable growth with a 25% average sales increase over the last four years, projected future revenue growth of 24% in 2025, and a staggering 400% growth in adjusted earnings expected by 2025. Currently priced around $8.05, PAYS has surged 270% in the last three months and is ranked #2 (Buy) by Zacks.
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