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Top Wall Street analysts are bullish on these stocks with earnings underway

[CNBC, Megan Leonhardt] As third-quarter earnings roll out and 2021 winds down, analysts and investors are looking for which companies can close out the year on a bullish note. Many firms had stellar starts to the year, and are in a tough spot to continue growing at such rapid paces.   Costco braved the pandemic’s economic […]

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Retailers begin reporting this week, but the delta variant is a big wild card

[CNBC, NYSE] Retail earnings have never been better, but the delta variant remains the wildcard. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash or more leisure time than in the past year. There’s […]

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Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008

[CNBC] The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.Economists surveyed by Dow Jones had been looking for an increase of 3.6%.One big reason for the acceleration was base effects – at this time a year ago, the economy was hit with the worst of the Covid […]

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Stock futures flat after Trump calls Covid stimulus bill unsuitable

[CNBC] U.S. stock futures stood little changed in early morning trading on Wednesday, largely recovering from earlier declines after President Donald Trump expressed concerns about the new Covid-19 relief package which could delay the deployment of funds to struggling Americans. Dow futures were 5 points higher. S&P 500 futures and Nasdaq 100 futures were also […]

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Wall Street buckles on stimulus, jobless claims and coronavirus infections

[Yahoo! Finance] Wall Street was poised for a rough session Thursday, as investors considered fast-dimming prospects for fiscal stimulus before the U.S. election and a host of new virus-related restrictions in Europe. Traders continue to fixate on whether a stimulus deal of any size will transpire within the next three weeks, even as recent comments […]

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Pepsi Stock Has Been Falling Behind. Why That Could Change.

[Barron’s, Getty Images] PepsiCo shares were rising on Monday, following an upgrade from Citigroup, which argues that the food-and-beverage company can increase its bottom line next year. Analyst Wendy Nicholson boosted her rating on Pepsi (ticker: PEP) to Buy from Neutral, and raised her price target to $169 from $148. She writes that Pepsi “can continue […]

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Stocks are going to ‘crack pretty hard,’ and here’s what one billionaire says investors should do to prepare

‘The trade is to wait for that trade’ ‘Within 18 months, it’s going to crack pretty hard. I think that you want to be avoiding it for the time being. When the next big meltdown happens, I think the U.S. is going to be the worst performing market, actually, and that’ll have a lot to […]

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Millennials Make Tons Of Money On Their New Favorite Stock

[Investor’s Business Daily, AP] Move over Apple. Millennials prefer another stock — and it’s not even in the S&P 500 yet. Consumer discretionary Tesla (TSLA) dethroned information technology giant Apple (AAPL) as the most popular stock held by millennials. Apple got bounced from the top spot after holding it for four-straight quarters, says a just-released quarterly analysis from Apex Clearing, a custody […]

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5 things to know before the stock market opens Tuesday

[CNBC] 1. Nasdaq futures fall as tech stocks continue to sink Tech stocks extended their worst rout since March, with Nasdaq futures tracking for a nearly 3% decline at Tuesday’s open. A plunge of that magnitude at the close would bring a three-session loss in the Nasdaq to the brink of a correction, down nearly 10% from Wednesday’s […]

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Tech bloodbath aside, ride these two giants for the second half of the recovery, veteran analyst says

[MarketWatch, Getty Images] Critical information for the U.S. trading day On no obvious catalyst, the winners of 2020 were absolutely hammered on Thursday — a sea of red for the likes of Apple, Microsoft, Tesla TSLA and Zoom Video Communications ZM . And the selling wasn’t limited to technology stocks — small-caps RUT and value stocks VLUE also fell. Only a few hard-hit travel […]

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