Stock markets
Hedge funds choosing ‘fresh’ stocks over obvious winners drove Thursday’s rally, Jim Cramer says
CNBC’s Jim Cramer said that Thursday’s rally was driven by hedge fund managers’ desire for fresh stocks over trusted winners and that investors should not overthink the currently seesawing market. “Traders wanted something new — not Archer-Daniels-Midland or Exxon, but AMD and Estee Lauder,” the “Mad Money” host said. “The hedge funds are in charge […]
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I’ve been adding since February, says BD8 Capital’s Barbara Doran
Barbara Doran, BD8 Capital Partners, joins ‘Closing Bell’ to discuss how she’s been adding to her portfolio. Source
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Stocks making the biggest moves midday: Nvidia, Logitech, Nikola, Uber, Cleveland-Cliffs and more
NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Check out the companies making headlines in midday trading. KB Home — Shares of the homebuilder ticked 5% lower in midday trading after missing on the top and bottom lines of its quarterly results. KB Home reported earnings of $1.47 per share on revenue of […]
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We went hunting where Bill Miller said to look for bargains and found these stocks
CNBC Pro surfaced stocks that are expected to grow earnings per share, after falling at least 40% from their 52-week highs. Source
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Bill Miller says there are many good opportunities in the market. Here is where he’s looking
Bill Miller believes there are many attractive opportunities in the market right now, and here are the top picks that the longtime value investor just laid out. Source
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The SEC climate rule: 7 things investors need to know
Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021. Melissa Lyttle/Bloomberg via Getty Images The Securities and Exchange Commission on Monday unveiled a sweeping proposal to expand investors’ insight into the threat that climate change poses to public companies and how they contribute to a […]
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Bank of America downgrades NetApp, says cloud data company has limited upside from here
Analysts downgraded NetApp to neutral from buy, saying investments required for growth at the company will limit its ability to generate operating income. Source
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BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of […]
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Stocks making the biggest moves premarket: KB Home, Spotify, Nikola and others
Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the $2.10 consensus estimate, with revenue and comparable-store sales also below analyst forecasts. Darden said the omicron variant significantly impacted guest demand, staffing levels and […]
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Logitech is a huge buy at these levels and can go up nearly 49% from here, Bank of America says
Analysts consider the computer peripherals manufacturer “too inexpensive to ignore” after the stock tumbled nearly 13% year to date. Source
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