Across the market, Cowen & Co. analysts see undervalued stocks. They rolled out their individual best picks late in the week, highlighting their takes on compelling plays in healthcare, technology...
Tag: Resources
Dow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that some bullish market technical analysts might latch onto. An upbeat golden cross appears to be forming in the...
Norwegian Stock Is a Buy, Royal Caribbean Is a Sell, Says Analyst. Here’s Why.
Norwegian Cruise Line Holdings has strong growth opportunities, while Royal Caribbean Group will be dealing with near-term funding requirements, according to a J.P. Morgan analyst. Daniel Adam assumed...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...
Why this cruise stock remains JPMorgan’s favorite as leisure travel keeps roaring
The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names are worth buying...
Why Monday’s selloff in the stock market could be the start of the next leg lower
Monday’s punishing selloff could be the beginning of the next leg lower for stocks as a sense of complacency has taken hold in markets following a stellar October and November, several strategists tol...
S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes
The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns that the Federal Reserve ma...
Buy Zillow stock now to profit from ‘brighter environment’ next year, UBS says
Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research coverage of the online...
BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023
Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential surge in the unemployment rate next year. “Bears (like us) worry unemployment in 2023 will...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
Top Tech Stocks, Resources And Healthcare Themes
A common strategy many investors use around each quarter’s 13F reporting period is to “follow the smart money.” This strategy works most of the time, but this year, investors who hav...
U.S. stock futures fall as Chinese protests rattle markets, oil hits 2022 low
U.S. stock-index futures sank Sunday night, as Asian markets fell following widespread public demonstrations in China and as oil prices hit a 2022 low. Dow Jones Industrial Average futures YM00, -0.49...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...
Why China’s COVID policies are rattling investors again
Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier...
The Next U.S. Energy Revolution Is Here
Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...
Dow ends nearly 400 points higher as investors await Fed minutes
U.S. stocks ended higher Tuesday as traders gauged the impact of fresh COVID-19 restrictions in China and awaited Wednesday’s minutes from the most recent Federal Reserve meeting. How are stocks are t...
Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.
2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...
Norwegian Cruise Stock Falls After a Rare Double Downgrade
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Broadcom refuses to provide full-year outlook, cites limited visibility as it ‘scrubs’ backlog
Broadcom Inc. late Thursday gave Wall Street analysts quarterly earnings and an outlook that topped consensus estimates, hiked its dividend and recommitted to share buybacks, yet analysts kept asking ...