Dow Jones futures were lower following Monday’s stock market fall. Still, the new stock market rally continues and six top stocks to buy and watch include AutoZone and Merck. X Late Monday, Dow ...
Tag: Stock
Tesla Deliveries Due After Shanghai Production Woes; Tesla Stock Hits Resistance
Tesla (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant productio...
Nike Stock Slumps On Q4 Earnings Beat, $18 Billion Share Buyback
Updated at 5:46 pm EST Nike (NKE) – Get Nike Inc. Report posted stronger-than-expected fourth quarter earnings Monday as solid gains in its direct-to-consumer business offset a Covid-linked sal...
Shares in Coinbase down 5% in pre-market as Goldman Sachs downgrades stock to sell
Coinbase (COIN) was downgraded from buy to sell by Investment bank Goldman Sachs on Monday, while shares plunged over 5% in pre-market trading. Goldman Sachs has downgraded Coinbase after several wee...
Should You Buy Micron Technology Ahead of Earnings?
By BRUCE KAMICH Jun 27, 2022 | 12:20 PM EDT Stocks quotes in this article: MU Micron Technology ( MU) made a high back in December and then has traded lower into June. The shares are trading below the...
Goldman Sachs Recommends Selling Coinbase ($COIN) Stock
Investment bank Goldman Sachs on Monday downgraded its rating on crypto exchange Coinbase, now recommending that traders sell the stock. Goldman Sachs downgraded its rating on Coinbase to “Sell” from ...
Stock index futures inch higher following a losing day Monday
Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching. Futures on the Dow Jones...
Needham: Chewy stock has another 45% upside from here
Shares of Chewy Inc (NYSE: CHWY) are in focus on Monday after a Needham analyst said the “defensive” name down 35% year-to-date is a “buy”. Chewy stock has significant upside f...
BABA Stock Trade Offers Potential 25% Return For Neutral To Bullish Traders
Alibaba (BABA) has been outperforming the market for the past few months and is showing improving relative strength. X BABA stock is above the 50-day moving average, and that key line is beginning to ...
General Electric Stock Gains As CEO Culp Takes Over Aviation Unit
Updated at 11:25 am EST General Electric (GE) – Get General Electric Company Report shares moved higher Monday after the it said CEO Larry Culp will take over the leadership role at the industr...
Jim Cramer on Starbucks stock: ‘I’m all in”
It’s been a terrible first half of the year for Starbucks Corporation (NASDAQ: SBUX), but Jim Cramer is convinced it will be a different story moving forward. Cramer’s bull case for Starbu...
Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns
Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. TSLA, -0.32%, Rivian Automotive Inc. RIVN, -3.59% and China-based NIO Inc. NIO, -4.69% on Monday, citing th...
For Smith & Wesson, Load, Cock and Fire Another Round
It’s time for another round of Smith & Wesson (SWBI) . I targeted this iconic gunmaker in December and showed why my covered-call strategy appeared to hold some firepower. The shares got kno...
Wall Street’s most notorious bear sees a stock rally coming
One of Wall Street’s most prominent bears sees the current rally in US stocks extending—prior to the selloff recommencing. Morgan Stanley strategists led by Michael Wilson say the S&P 500 Index ma...
Goldman Sachs downgrades Coinbase stock to sell
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company headquartered in New York has downgraded Coinbase stock (NASDAQ: COIN) from a buy to a sell. T...
Apple headset likely to be announced in January; How will it impact AAPL stock?
With the arrival of the metaverse, the demand for virtual and augmented reality in the gaming industry is growing. Meanwhile, the consumer electronics giant Apple (NASDAQ: AAPL) seems to be targeting ...
Why Eli Lilly & Co could be a recession-proof stock
With inflation raging and the Federal Reserve (Fed) waging an epic battle against it, a recession seems on the horizon. Further, traders on Wall Street are likely to cut their earnings expectations fo...
Bearish Bets: 3 Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Bitcoin mining stock report: Friday, June 24
Bitcoin miners ended the week of trading on a high note, as Bitcoin’s price climbed back above $21,000. Hive Blockchain’s stock rose 10.53% on Nasdaq and 9.55% on the Toronto Stock Exchang...
Apollo’s Stock Is Expected to Rise. Here’s Why.
Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to R...
Microsoft Stock: How The RSI Momentum Tool Helped Confirm Its Top
When Microsoft (MSFT) peaked at 349.67 on Nov. 22, the reversal from new highs in heavy volume didn’t look that nasty. And for the next six weeks, the decline did not seem too ominous. Yet a clo...
History says US stock market has further to fall
Investors are questioning how much further US stocks will slide this year, after a protracted sell-off that knocked Wall Street’s S&P 500 more than a fifth below its January peak. Fears have inten...
Kellogg stock gains 5%: management announces business split
Kellogg food Company (NYSE:K) plans to build separate plant-based, snack, and cereal companies. The manufacturer of Corn Flakes, Froot Loops and Special K cereals plan to split the company into three ...
Are Institutional Investments Fueling Correlation Between Crypto and Stock Markets?
Interest rate hikes and runaway inflation has continued to engulf the investment scene, given that the global economy finds itself on rocky grounds based on factors like the invasion of Ukraine by Rus...
Buy this semiconductor stock for a 50% return over the next 12 months
Shares of Wolfspeed Inc (NYSE: WOLF) closed more than 10% up after a Goldman Sachs analyst turned bullish on the Durham-based company, which produces specialty semiconductors that are broadly used in ...