Eli Lilly and Co
These stocks have major upside heading into the second half, Wall Street analysts say
Wall Street analysts named a handful of buy-rated stocks this past week as must-own stock picks for the second half of the year. These defensive companies have characteristics that will carry them through any additional economic and market turmoil, analysts said. CNBC combed through recent Wall Street research to find the top buying opportunities as […]
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We’re trimming a winner we still believe in to raise some cash and right-size our position
We do not want to be greedy like we were with our oil names. We do not want to make the same mistake twice. Source
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These stocks are insulated from a recession, Morgan Stanley says
Some companies should still be able to grow earnings even if the U.S. economy falls into a recession, according to Morgan Stanley. Mike Wilson, the firm’s chief equity strategist, said in a note to clients Tuesday that the market has not priced in a recession and that analyst estimates for corporate earnings will need to […]
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Tuesday’s market bounce allows us to raise some cash to buy in the next downturn
We’re raising cash about equal to what we put to work last Friday in three trades when the market was much lower. Source
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Trash and dollar stores: Analysts are starting to give their top stocks to own in a recession
With the market selling off on fears of an imminent recession, individual stock analysts are starting to trot out their top stock picks to own in an economic downturn. A number of reports to clients of Wall Street banks this week focused on stocks that have resilient revenues and business models. Stocks fell deeper into […]
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Eli Lilly’s new diabetes drug continues to show promise as an obesity treatment
Eli Lilly continues to work on commercializing its strong innovation pipeline, which is a key reason the CNBC Investing Club owns the stock. Source
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We’re changing our price targets on 8 stocks in the portfolio
The moves reflect recent earnings reports, comments from company executives, and general market multiple compression. Source
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