Investment strategy
Winnebago is a buy after selling off to start the year, DA Davidson says
Winnebago Industries started off the year a little rocky, but its shares are due for a comeback, DA Davidson says. Source
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures flat after Tuesday’s intraday reversal Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were essentially […]
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JPMorgan downgrades CarMax, saying ‘sticker shock’ will continue to hurt sales
Skyrocketing vehicle prices have hard-hit consumers and the situation will only get worse in the near term for car retailers like CarMax. Source
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JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
Jamie Dimon, Chairman and CEO of JP Morgan Chase. Adam Jeffery | CNBC JPMorgan Chase said Wednesday that first-quarter profit fell sharply from a year earlier, driven by increased costs for bad loans and market upheaval caused by the Ukraine war. Here are the numbers: Earnings: $2.63 a share (unclear if comparable to $2.69 estimate). […]
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Crypto firm hits back at Cathie Wood: ‘I think the market is pretty clear — her position is down 50%’
Blockchain.com co-founder Nicolas Cary hit back at Cathie Wood after the investor took a swipe at he crypto business by questioning its valuation and management. “If you look at the others like Blockchain.com, its valuation over the past year has tripled while Coinbase in our portfolios is down 40%. That makes no sense,” Wood, the […]
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Bernstein picks India stocks to buy, says one could potentially rise nearly 40%
Analysts at Bernstein have selected stocks that are set to outperform against the “challenging” market backdrop. Source
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CNBC’s Jim Cramer says these four financial GARP stocks are investable
CNBC’s Jim Cramer on Tuesday offered a list of four investable financial stocks that he believes will benefit from the Federal Reserve raising interest rates to control soaring inflation. “Growth at any price went out of style in the Wall Street fashion show nearly six months ago, as we saw yet again today. Now, what […]
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Cramer’s lightning round: I like Tesla over Sunrun
Monday.com Ltd: “They’re losing too much money. So I’ve got to say no to Monday.” Sunrun Inc: “I would rather own Tesla … than own Sunrun, which is losing a lot of money.” Gores Guggenheim Inc: “There was a time, a time where I would’ve said this one could be good. … I can’t do […]
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Cramer says if you believe in oil, HighPeak Energy is an aggressive play that could pay off
CNBC’s Jim Cramer on Tuesday said that investors bullish on oil should consider betting on HighPeak Energy. “If you believe the price of oil can stay elevated here, possibly because the war in Ukraine will turn into a drawn-out stalemate, then you’ll likely get more upside out of an aggressive oil producer like HighPeak Energy,” […]
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Jim Cramer: Be ready to pounce with cash on hand when market uncertainty settles
CNBC’s Jim Cramer on Tuesday told investors that they shouldn’t rely on optimism as a market strategy, but should still be prepared to act when the market recovers. “I think you can do very well right now in a balanced portfolio that also has a lot of cash on the sidelines. You want to be […]
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