Top Pros' Top Picks 4/28/26

Mike Larson | Editor-in-Chief

Crude oil is taking out key levels to the upside here, putting downward pressure on stocks. Gold and silver are fading as well, while the dollar is climbing. Treasuries are flattish.

It looks like oil traders are getting tired of empty truce talk. US WTI futures popped back above $100 a barrel today, while Brent crude is trading around $105. Both President Trump and Iranian leaders have been talking about an alleged deal for a few weeks now, but nothing has changed. The Strait of Hormuz remains effectively closed and Iranian ports remain blockaded. The United States Oil Fund (USO) is now up 94% year-to-date.

USO, NVDA, ORCL (YTD % Change)

Data by YCharts

Meanwhile, OpenAI reportedly missed internal targets for sales and traffic at the end of 2025 – failing to hit one billion weekly active users. This comes as the company behind ChatGPT just raised $122 billion in private funding – and is pushing for a late-2026 Initial Public Offering (IPO). Stocks linked to the AI boom, including Nvidia Corp. (NVDA) and Oracle Corp. (ORCL), slid on the news.

It’s unclear if slumping demand, stiff competition, or delays tied to an overtaxed AI compute network are responsible. But the weaker-than-expected figures are leading some to worry about OpenAI’s massive spending obligations. The company has taken on more than $600 billion in spending commitments for data center capacity and associated infrastructure.

On the earnings front, it’s a mixed bag today for name-brand stocks. United Parcel Service Inc. (UPS) topped first-quarter estimates, reporting earnings per share of $1.07 against forecasts for $1.03. But tepid guidance from the shipping company left investors wanting more, and UPS stock slid in early trading.

On the flip side, beverage giant Coca-Cola Co. (KO) topped forecasts on both the top and bottom lines. It also reported a 10% rise in organic revenue – and raised its EPS growth forecast to a range of 6%-7%. Coke stock rose on the news.

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MARKET OVERVIEW

S&P 500

7,173.91 (+0.12%) ↑

VIX

18.60 (+3.22%) ↑

Dow Jones Industrial Average

49,167.79 (-0.13%) ↓

Gold

$4,601.20 per ounce (-1.97%) ↓

Nasdaq Composite

24,887.10 (+0.2%) ↑

Oil

$98.87 per barrel (+2.59%) ↑

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TOP INVESTING IDEA

The multifamily real estate market is currently defined by sharp contrasts – between an undersupplied, high-rent location like New York City and overbuilt regional hubs like Nashville and Atlanta.

Speaking at the 2026 MoneyShow Masters Symposium Hollywood Florida, Property Markets Group CEO Kevin Maloney explains that saturation in many secondary markets has driven down rents and created heavy concessions. But he adds that this "softness" presents a major contrarian opening for well-capitalized investors to acquire brand-new buildings at roughly 70% of their replacement costs.

Maloney also highlights a move away from speculative niches like co-living, which he notes lacks sufficient "juice for the squeeze" due to operational intensity and low-credit tenants. Instead, he advocates for more resilient sectors and locations, including the robust Florida office market, industrial warehouses, and large-scale land development for single-family homes.

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FEATURED PICKS FROM MONEYSHOW EXPERTS
  • SPX: Is “Sell in May” Good Advice this Year?
    👉️ TICKER: ^SPX
    After enduring a near-10% decline in the S&P 500 Index (^SPX) over a two-month period, the market recovered all that was lost in only 16 calendar days. Investors now face opposing possibilities presented by historical precedent as to what may happen next, suggests Sam Stovall, chief investment strategist at CFRA Research.

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LARSON'S LINKS
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UPCOMING EVENTS