Let’s take a moment to look at ad-tech. This is the merger of advertising and digital technology, and it’s become increasingly prevalent in our online age. Ad-tech underlies the success stories behind...
Tag: RBC
Stock market ‘on cusp’ of important test: Watch this S&P 500 level if 2022 low gives way, says RBC
The S&P 500 is approaching an important level to watch beyond its 2022 low, as investors anticipate a spike in jobless claims amid recession fears and soured sentiment in the U.S. stock market, ac...
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
‘The midterms could be a positive catalyst for stocks in Q4′ says RBC. Here are 2 stock picks with at least 70% upside
Covering the stock scene for RBC Capital, US equity strategy head Lori Calvasina has pinpointed the upcoming US midterm elections as a major positive catalyst for stocks heading into the year’s end. T...
It’s time to overweight small caps as ‘they’ve come very close to pricing in recession’: RBC Capital
Small-cap stocks have attracted more investors and analysts attention this week with their benchmark index the Russell 2000 jumping 3.5% on Tuesday to 1799 points, its biggest one day percentage gain ...
‘Historic’ Correction Grips Canada’s Housing Market, RBC Says
(Bloomberg) — The housing market correction that’s taking hold in Canada could turn out to be its biggest in recent history, according to a new forecast from the country’s largest bank. Most Rea...
Danaher is on the verge of breakout as RBC analysts make a big call
“Defensive” and “high quality” is what RBC Capital Markets called Danaher Corporation (NYSE:DHR) stock. In a note on Wednesday, RBC said that Danaher’s leverage of only 1.7 times makes the stock attra...
Ukraine War Choking Russia’s Media Business Into Oblivion
A woman looks at a computer screen watching a dissenting Russian Channel One employee entering … [+] Ostankino on-air TV studio during Russia’s most-watched evening news broadcast, holding...
RBC Says These 2 Dividend Stocks Have Strong Growth Potential
The second half of the year is upon us, and that has the forecasters looking for clues to the near-term economic future. The speculations run nearly the full gamut of possibilities, from a full-blown ...
RBC top analyst sees comeback
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy...
Should you buy Upwork stock after the latest upgrade by RBC?
Upwork Inc. (NASDAQ:UPWK) is one of the beaten-down stocks this year. The stock is down -47.39% year-to-date, more than a drop of 28% for the Nasdaq-100 composite. However, last month, RBC Capital Mar...
RBC Stops Sponsoring Golfers Johnson, McDowell Over Decision To Ditch PGA Tour For LIV Golf
Topline The Royal Bank of Canada has ended its sponsorship of golfers Dustin Johnson and Graeme McDowell, the company said in a statement Wednesday afternoon, after the two were included in the field ...
Exxon upgraded to outperform while Chevron downgraded at RBC
Exxon Mobil XOM, +0.23% was upgraded to outperform from sector perform and its target price raised to $100 from $90 by RBC Capital Markets, saying the company will be one of the key beneficiaries of a...
Rivian Stock Remains a Long-Term Story, Says RBC
Nothing comes easy, right? A sentiment Rivian (RIVN) – and its investors – can relate to right now. As RBC’s Joseph Spak notes, the EV maker is “highly vertically integrated and is launching 3 new pro...
Long-Term Investors Should Win Out, Says RBC
Last year ended on a down note for PayPal (PYPL) stock; over the past 3 months, shares have lost 28% of their value. With 2022 now up and running, investors will be hoping the stock can regain its foo...