Business
Bath & Body Works can more than double after falling 60%, Piper Sandler says
It’s time to buy shares of Bath & Body Works , which is a “defensible growth story” that can more than double from here after its recent stock tumble, according to Piper Sandler. Analyst Korinne Wolfmeyer initiated coverage of Bath & Body Works with an overweight rating, saying in a note Thursday that the stock […]
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Raymond James says it’s time to buy health care apparel stock Figs, which can surge 80%
Investors should load up on Figs shares, as the health care apparel name has already priced in much of the bad news around inflation, according to Raymond James. Analyst Rick B. Patel initiated coverage of Figs with a strong buy rating, saying note Wednesday that the company is better positioned to outperform in the second […]
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Stocks making the biggest moves premarket: Walgreens, Constellation Brands, RH and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue also beating analyst forecasts. Walgreens also reaffirmed its full-year guidance, forecasting low-single-digit adjusted earnings growth. The stock fell 2.7% in premarket action. […]
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5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day: 1. S&P on track to finish its worst first half in 52 years Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Stock futures fell Thursday morning, as investors continued to weigh the ongoing impact of inflation, […]
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Buy the Warner Bros. Discovery dip as shares can nearly double from here, Benchmark says
Shares of Warner Bros. Discovery could nearly double from here, as the top media company finds its way in the second half of the year, according to Benchmark. Analyst Matthew Harrigan initiated coverage on Warner Bros. Discovery with a buy rating, saying in a Wednesday note that the company is “admirably positioned” to overcome business […]
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Cramer warns investors not to group all stocks of the same sector together – ‘No two stocks are truly alike’
CNBC’s Jim Cramer on Wednesday told investors that despite what might be happening in the market, they shouldn’t judge a stock based on its industry peers’ performance. “These days, it feels like up to 90% of a stock’s performance on a given day comes from its sector, something on down days that feels like a […]
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Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for Thursday so it can further discuss […]
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Cramer’s lightning round: I prefer Deere over Nutrien right here
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Charts suggest the recent boom in commodities ‘is not long for the world,’ Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that while the commodities market could see a short-term upside, it will ultimately come down in the long term. “The charts, as interpreted by Carley Garner, suggest that the recent commodities boom is not long for the world. She says we could still see some short-term upside … but […]
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Palantir CEO Alex Karp on the difference between fighting with Peter Thiel and progressives
As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shouldn’t. “Companies have a problem that it’s very hard for them to tether what they’re producing to a higher mission, and therefore they cannot exactly […]
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