Happy Tuesday afternoon to everyone on The Street. Here's a snapshot of where markets ended the trading session, plus tomorrow's trade idea delivered to you today.

• 🟨 | US stocks were mixed on Tueseday with the S&P 500 gaining 0.5%, while the Nasdaq rose 0.8%. However, the Dow fell 0.2% amid a turbulent beginning of September for Wall Street.

• 📈 | One Notable Gainer: Mission Produce shares rose 22% after reporting a 24% year-over-year revenue increase for the fiscal third quarter, with sales reaching $324 million, up from $261.4 million in the same period last year.

• 📉 | One Notable Decliner: Ally Financial shares fell 17.6% after CFO Russell Hutchinson reported rising credit challenges, especially in retail auto loans, during the third quarter.

• ⛵ | Tomorrow's Trade: Turning Tides for a Boat Stock? Scroll Down for More

Plus, today's partner is highlighting how everyday Americans have been reporting BIG returns from a brand-new trading strategy...

TOGETHER WITH MONUMENT TRADERS ALLIANCE

$1,300 into $45,000 in just 4 MONTHS?!

Over the past few months, everyday Americans have been reporting BIG returns from a brand-new trading strategy...Including one top success story who reported that she grew her $1,300 to $45,000 in just 4 months. It's now easier than ever thanks to a brand-new AI.

See here to see the full details.

MARKET MOVERS

Oracle, Boot Barn, Southwest Airlines

ORCL (+11%) Oracle shares jump as AI push perks up cloud demand (Reuters)

BOOT (+10%) Boot Barn Showcases Growth at Piper Sandler Conference (TipRanks)

LUV (-2%) Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline (CNBC)

HPQ (-2%) Hewlett Packard shares fall on $1.35 bln convertible stock offering for Juniper buyout (Reuters)

JPM (-5%) JPMorgan shares fall after warning on ‘too high’ earnings outlook (FT)

OVERHEARD ON THE STREET

WSJ: UPS is acquiring German healthcare logistics firms Frigo-Trans and BPL, aiming for $20 billion in healthcare logistics revenue by 2026.

CNN: Trump Media & Tech Group’s value has plummeted 72% since March, erasing $4 billion from Trump's net worth.

Bloomberg: Huawei unveiled the Mate XT, the world's first trifold phone, priced at $2,800, just after Apple's latest iPhone launch.

Reuters: Google's fight against a $2.7 billion EU antitrust fine fails; the fine, imposed in 2017, targets unfair advantages in price comparison.

NPR: Bank of America will raise hourly wages to at least $24 for its tellers and customer-facing employees starting in October.

TOMORROW’S TRADE IDEA, TODAY

This Boat Stock Could Make Waves

Interest Rate Catalyst

Buying a boat can be like pouring money down the drain. But buying this boat stock might have the opposite effect — or so Citi (C) says.

Boat dealer MarineMax (HZO) could be a solid play for investors looking for stocks set to benefit from falling interest rates, the bank believes. Citi analyst James Hardiman feels Fed rate cuts could be a catalyst for the stock, as lower rates mean easier — and less expensive — financing for purchasers.

Expansion Opportunities

Boat sales have been hit hard by high rates. But they could see a significant rebound when they drop, Hardiman says.

He also believes low rates will present an opportunity to monetize opportunities within the marina real estate space. MarineMax has been hesitant to do so thus far, but the analyst thinks the incentive may be there in a more favorable macro environment. If the company does expand into real estate, it could result in another solid revenue stream.

Buying Low

Hardiman assigns a Buy rating to MarineMax and recently lifted his price target 10% to $44 per share — an eye-catching 52% upside from Friday’s closing price.

The stock is down around 21% YTD and 3% over the past year. But the tide could soon turn, and now might be the time to buy low, the analyst suggests. The Federal Reserve is meeting next week, and investors feel certain a cut of at least 25 bps will materialize — if not 50.

Rate cuts will be a catalyst for many segments of the economy, and big-ticket items like boats may well be one of them. Given the stock’s recent tumble and the promise of a more favorable interest rate environment, MarineMax may soon shift from ebb to flow.

TOGETHER WITH MONUMENT TRADERS ALLIANCE

$1,300 into $45,000 in just 4 MONTHS?!

Over the past few months, everyday Americans have been reporting BIG returns from a brand-new trading strategy...Including one top success story who reported that she grew her $1,300 to $45,000 in just 4 months. It's now easier than ever thanks to a brand-new AI.

See here to see the full details.

ON OUR RADAR

CNBC: European car giants like Volvo, VW, and Ford are delaying EV targets, citing market challenges and the need for flexibility in electrification plans.

Axios: TikTok creator Jools Lebron faces a complex and lengthy trademark battle over the viral "very demure, very mindful" trend.

BI: KFC and McDonald’s are rapidly expanding in China's lower-tier cities, targeting the emerging middle class despite economic challenges.

CNBC: Sales of $10M+ homes surged in Q2, with New York leading at 72 sales, while Palm Beach and Miami saw significant increases.

CNN: SpaceX’s Polaris Dawn mission, with civilians aiming for a commercial spacewalk, launched today at 5:23 a.m. ET and was livestreamed on X.

YESTERDAY’S POLL RESULTS

Are you bullish or bearish on Affirm (AFRM) over the next 12 months?

🟩🟩🟩🟩🟩🟩 🐂 Bullish

🟨🟨🟨⬜️⬜️⬜️ 🐻 Bearish