Text size Nvidia stock was falling Thursday despite a “beat and raise” earnings result. Dreamstime Nvidia can’t seem to catch a break. The chip maker delivered what Wall Street was expecti...
Tag: Street Notes
Nvidia’s AI Innovation Should Push Stock Higher: Analysts
Text size Chip maker Nvidia has invested heavily in artificial intelligence. Dreamstime Nvidia has invested heavily in artificial intelligence—in cash and culture—and those expenditures should drive u...
How Oil Could Hit $150. It’s Not Just About Russia.
Text size West Texas intermediate crude oil was trading near $94 a barrel on Monday. Spencer Platt/Getty Images By one measure, oil prices could rise to $150 a barrel this year, which would be the hig...
Buy SoFi Stock, Analyst Says. The Fintech Should Deliver Strong Revenue Growth.
Text size SoFi has been focused on member growth, according to BofA. Rafaelhenriquepress/Dreamstime SoFi Technologies stock is a buy because the company will deliver strong revenue growth thanks to it...
California, Florida, and Inflation Are Sinking Solar
Text size Ethan Miller/Getty Images The solar power industry is destined to grow many times over in the coming decades, and several companies will undoubtedly become behemoths. But the current picture...
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...
Tesla Earnings ‘Disappointed.’ Why Analysts Are Raising Their Price Targets.
Text size The inside of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 26, 2021. Nicolas Asfouri/AFP via Getty Images Tesla stock was falling Thursday after re...
Wall Street: $100 Oil Might Just Be the Beginning
Text size The big question now for oil is where the U.S. dollar goes. Oil is priced in dollars and a strong dollar tends to hurt oil prices. Mario Tama/Getty Images A bet on $100 oil has gone from a l...
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...
Virgin Galactic Stock Is Worth Just $10, Analyst Says
Text size Virgin Galactic stock closed on Tuesday down 85% from an all-time high of almost $63 set back in February 2020. Courtesy Virgin Galactic Investors in space tourism pioneer Virgin Galactic Ho...
Tech Is Falling Again. Why Apple, Tesla, and Other Tech Stocks Are Still Buys.
Text size Apple and other tech stocks have had a rough start to 2022. They could still be good picks. Justin Sullivan/Getty Images Tech stocks are getting slammed yet again, for familiar reasons. Inve...
Apple’s Path to a $4 Trillion Market Cap
Analysts continue to crank out bullish notes about Apple‘s outlook ahead of the tech giant’s December-quarter earnings report, due just two weeks from now. Apple (ticker: AAPL) had a big run in late 2...
Wall Street’s Favorite Oil Stocks for 2022—Including an Obscure One
Text size Bing Guan/Bloomberg Several analysts and strategists expect energy stocks to outperform the broader market in 2022, as they did in 2021. Energy tends to do well in inflationary environments,...
Shopify Stock Has Dropped a Ton. Is It Time to Buy?
Dreamstime Text size Shopify stock has gotten hit hard during the recent tech selloff. William Blair analyst Matthew Pfau says it’s a buying opportunity In a note Wednesday, Pfau upgraded Shopify (tic...
Alibaba Stock, JD.com, and Others Are Soaring. Here’s Why and Who to Thank.
Text size An Alibaba Group sign David Becker/Getty Images Chinese tech stocks are soaring. Many have been looking cheap of late, and soothing words from Federal Reserve Chair Jerome Powell only fueled...
AT&T Stock Can Close Gap With Verizon. Why Shares Might Be a Buy.
Text size A sign is posted in front of an AT&T retail store in San Rafael, California. Justin Sullivan/Getty Images AT&T could finally start catching up to its main rival, prompting analysts a...
Tech Is Tearing Back. Why Nvidia and 4 Others Look Like Winners, Unlike Intel.
Text size Nvidia stock soared 125% in 2021, but the shares are down 9% so far in 2022. Justin Sullivan/Getty Images Tech stocks are tearing back. The Nasdaq Composite index snapped its four-day losing...
Goodyear Stock Plunged Friday. This Analyst Says It Went Too Far.
Text size Goodyear said its production costs are rising. Todd Warshaw/Getty Images A spectacular drop in Goodyear stock on Friday was an overreaction, according to J.P. Morgan analyst Alan Brinkman. H...