Investment strategy
Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder […]
Read More
Higher taxes at Calvin Klein owner PVH will hit profits and hold back stock gains, Morgan Stanley says
Higher taxes will hurt this apparel company known for brands like Calvin Klein and Tommy Hilfiger, says Morgan Stanley. Source
Read More
Charlie Munger warns Gen Z investors: It’s ‘way harder’ for recent college graduates ‘to get rich and stay rich’
Charlie Munger has been managing investments for a long time — and the billionaire says it’s never been harder for young people to make and keep their money. In February, at publishing company Daily Journal Corporation’s annual meeting, Munger said that successfully navigating the investment world has gotten a lot harder over the past few […]
Read More
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to wrap up strong month but weak quarter Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters U.S. stock futures were […]
Read More
Five Below shares can surge nearly 28% as store openings drive growth, Citi says
Investors looking for bargains should look at shares of Five Below, according to Citigroup. Source
Read More
Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
Read More
Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
An uncertain macro environment puts these technology companies at risk, Morgan Stanley says. Source
Read More
As the pandemic enters its 3rd year, more Chinese people say they’d rather save than spend
While mainland China faced its worst wave of Covid-19 since the initial shock of the pandemic, a central bank survey found more Chinese wanted to save money than spend or invest it. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumers are becoming more cautious than they were near the start of the […]
Read More
Wall Street banks name their top global stock picks to navigate market volatility
Defensive stocks, “rock solid” payouts and buying the dip: Wall Street analysts share their favorite strategies for navigating the market volatility right now. Source
Read More
Cramer’s lightning round: Go long on Hertz
“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
Read More