Investment strategy
Stock futures are little changed with S&P 500 on track for winning week
Traders on the floor of the NYSE, May 17, 2022. Source: NYSE Stock futures were little changed in overnight trading as the S&P 500 attempted to snap a seven-week losing streak. Futures on the Dow Jones Industrial Average shed about 25 points. S&P 500 futures were flat and Nasdaq 100 futures were marginally higher. Retail […]
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These buyback monsters are repurchasing a lot of their stock and ready to step it up some more
Corporations are increasingly repurchasing their shares as stock prices slide, and certain companies are ready to keep the buybacks coming. A share repurchase is when a company buys back its own shares from the marketplace. Doing so boosts per-share earnings by shrinking the number of shares outstanding, possibly enhancing the value of the stock. The […]
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Investment banks pick their top battery and EV stocks — and there’s 1 Goldman loves
Goldman Sachs loves one EV stock for its battery innovation – and it also makes the bank’s conviction list of top buy-rated stocks. While HSBC named its favorite companies in energy storage, which is one of its “top conviction” themes. Chinese electric vehicle (EV) firm BYD is buy-rated by Goldman for its innovation in batteries, […]
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Jefferies cuts Tesla price target, cites ‘uncomfortable pile up of negative news’
The firm still holds a buy rating on shares of Tesla, despite the recent underperformance. Source
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Buy Lululemon as the athleisure brand is well-positioned to ride a recession and shares are cheap, Morgan Stanley says
While the macro environment is looking murky for many apparel retailers, Lululemon is better-positioned than some of its peers to weather the storm, Morgan Stanley said Thursday. Analyst Kimberly Greenberger upgraded the stock to overweight from equal weight, saying in a note to clients that risks are already priced into the athleisure brand. She added […]
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Bank of America reveals 5 top stocks based on the company’s ‘killer charts’
Bank of America has named a raft of stocks with “killer” corporate charts, including the following five that are buy-rated by its analysts. The bank said its “killer charts” research note is often its most-read of the year. Bank of America analysts, led by Jason Fairclough, assessed charts from a range of companies — all […]
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Nasdaq 100 futures fall slightly after chip giant Nvidia delivers light guidance
A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. Michael Nagle | Xinhua News Agency | Getty Images Stock futures were mixed on Wednesday evening as investors digested a disappointing update from Nvidia, an economic bellwether in the technology industry. Stock futures tied to the […]
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Buy these stocks to bet on the resilient U.S. consumer, Jefferies says
Investors looking for one of the biggest bargains in the downtrodden market should look no further than casual dining, according to Jefferies. Rising inflation and worries of a recession have driven shares of many casual dining stocks downward. But the dip may be over for now as the consumer is proving more resilient than anticipated, […]
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Hedge funds bought into these outperforming industrial stocks, including Lockheed Martin
Hedge funds recently rotated into winning industrial stocks as their favorite growth darlings underperformed the market, according to RBC. The Wall Street firm analyzed stock-level holdings of 310 hedge funds based on the recently released regulatory filings, and it found that hedge funds’ overweight to the industrial sector hit a new high at the end […]
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Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill
The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in […]
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