Text size Freeport-McMoRan and Rio Tinto are top picks of Jefferies analyst Chris LeFemina. Above, copper rods used to machine parts. Photo by Scott Olson/Getty Images Freeport-McMoRan and Rio Tinto m...
Tag: Primary Metals
Cleveland-Cliffs Stock Has Gotten Crushed. Why It May Be Worth a Look.
Text size Steel prices had a roller coaster year; they went up in March and down in May. Tom Mihalek/Getty Images Recession panic has slammed Cleveland-Cliffs stock. But long-term demand for steel, pa...
8 Home-building and Steel Stocks That Offer Substantial Value
Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&...
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...
Growth Stocks Down. Small-Caps Are Worse. Could This Be Time for Small-Cap Growth?
If your stocks are trailing the S&P 500, which is down 15% from its early January high, borrow a tactic from the pros: switch benchmarks. Perhaps you’re beating growth stocks. The S&P 500 Grow...
Broadcom May Pay About $60 Billion for VMware With Announcement Thursday
Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...
Dow futures up 300 points after Biden hints that China tariffs could be reconsidered
U.S. stock index futures were pointing to a firmer start for Wall Street on Monday, with some crediting the move to comments made by President Joe Biden about a reconsideration of China tariffs. How a...
Broadcom reportedly in talks to buy VMware
Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night. Bloomberg News, Reuters, the New York Times and the Wall ...
Opinion: Keep calm — there’s no recession on the way. These 13 stocks may rise as investors figure this out
A so-called hard landing of the U.S. economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below...
These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022
Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a perce...
Stifel cuts cannabis industry view as analysts weigh Tilray
Stifel analyst W. Andrew Carter on Monday said the firm continues to approach the cannabis sector with “negative overall bias” amid a reduced outlook for the U.S. market and lackluster performance in ...
These 20 highly rated stocks are expected to rise at least 70% over the next year
A sliding stock market means many companies are on sale, which spells opportunity for investors with investment horizons of several years. A list of the most favored names among analysts, along with c...
Dow falls more than 400 points, Nasdaq finishes 2.2% lower as Treasury yields keep surging
Dow industrials and the S&P 500 index book their biggest one-day declines since March on Monday, with energy, tech and other growth names bearing the brunt, as Treasury yields soared and investors...
Intel CEO Gelsinger’s reaps near-$180 million windfall from ‘significant magnitude’ of new-hire awards
Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Cleveland-Cliffs Stock Will Benefit From Russia’s Ukraine War. Here’s Why.
Text size Cleveland-Cliffs could benefit from a shortage of steel. Sean Gallup/Getty Images Cleveland-Cliffs stock is JPMorgan’s top pick in the steel sector, the investment bank said Thursday, as Rus...
Self Driving Stock TuSimple Jumps On a Kind Of New Buy Rating.
Text size TuSimple provides self-driving technology for heavy-duty trucks Courtesy of TuSimple Shares of TuSimple Holdings , a provider of technology for self-driving vehicles, are up in Thursday trad...
JPMorgan Leads Talks to Contain Nickel Crisis Damage
Some of the world’s biggest banks worked over the weekend to resolve a crisis in the nickel market that leaves them on the hook for billions of dollars owed by a Chinese metals giant. JPMorgan Chase J...
Google’s $5.4 billion deal for Mandiant could have ‘a major ripple impact’ within cybersecurity
Alphabet Inc. plans to acquire Mandiant Inc. for roughly $5.4 billion in a deal that could unleash a long-awaited consolidation across the cybersecurity industry. The Google parent company announced T...
It’s Getting Harder to Trade Russian Stocks. What to Know.
Russia’s largest companies, once worth billions of dollars, are now nearly-worthless penny stocks. It may look like an attractive opportunity, but for the most part investors can’t even chance buying ...
Opinion: These 10 dividend-paying stocks show why cash isn’t trash in a brutal market
The best shareholders love dividend stocks —and anyone concerned about the current global financial market turmoil should consider them. Dividend stocks give shareholders regular cash payouts year aft...
Why Barrick Gold’s CEO Is Looking to Boost Its Copper Business
Text size Barrick aims to boost its gold production to 4.8 million ounces annually by the end of decade from 4.4 million in 2021. David Gray/AFP via Getty Images Mark Bristow, the CEO of one of the bi...
The Gold Rush Is On. It’s Not Too Late to Get In.
Text size Investors can buy a gold exchange-traded fund like SPDR Gold Shares or iShares Gold Trust, which own the precious metal. Chris Ratcliffe/Bloomberg The chase is on. The chase for gold, that i...
Albemarle Stock Tanks on Earnings. But Lithium Prices Are Going Up.
Text size Albemarle’s results are being hurt by inflation. Cristobal Olivares/Bloomberg Albemarle stock fell, hard, after the lithium miner reported fourth-quarter numbers late Wednesday. Result...
Warren Buffett Lieutenant Ted Weschler Makes a Big Score on Dillard’s
Text size Ted Weschler, portfolio manager for Berkshire Hathaway. Photograph by Daniel Acker/Bloomberg Ted Weschler, an investment lieutenant for Warren Buffett, sold out of a hugely successful invest...
Lithium Americas Stock Jumps After a Bullish Call
Text size This photo taken on March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co., which makes lithium batteries for electric cars and other uses,...
Stocks’ Rally Looks Nice. Here’s Why You Should Put It on Ice
Text size Dreamstime For the stock market, this past week had the feel of steering out of a spin after hitting an ice patch—and driving away safely. Unfortunately, the road ahead may be even more trea...
Tech Stocks to Buy After a Crazy Week of Earnings
Amazon stock was up almost 14% on Friday after the company reported solid earnings and said it was raising the price of its Prime membership for the first time since 2018. Alexi Rosenfeld/Getty Images...
Tesla, GM, and 3 Other Stocks That Could Be Best EV Plays
Text size Tesla stock is a pick for a play on autonomous driving. Jens Schlueter/Getty Images Electric vehicles are taking over. That spells opportunity for investors. The growth of EV sales is great,...
Market Volatility Is Creating Opportunities for Stocks. What to Buy Now
The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of ...
U.S. Steel’s Earnings Fell Short. That Isn’t the Real Problem.
Text size The price of steel coils is dropping. Ina Fassbender/AFP via Getty Images United States Steel stock is doing nothing after a bad earnings miss. Investors just don’t appear to care about prof...
Jefferies issues bullish note on buy-rated OrganiGram, upgrades Cronos and Hexo and cuts Tilray’s price target
Jefferies upgraded two Canadian cannabis stocks on Thursday and reduced his price target on a third, while remaining most bullish on buy-rated OrganiGram Holdings Inc., which it said is “really starti...
Broadcom Stock Has Gained on VMware Takeover. Its Dividend Could Rise 20%.
Text size Truist analyst William Stein calculates that Broadcom could raise its dividend by over 20% this year. Remus Rigo/Dreamstime.com The stock market has had a mixed reaction to Broadcom ’s inten...