Market watchers have been reluctant to call the bottom on the brutal Wall Street sell-off this year, but Citi thinks a slew of stocks are now oversold and investors should buy the dip. The bank’s analysts, led by Hong Li, said that – given the “continued high macro risk and market volatility” – investors should … Read more
The S&P 500 came off its lows for the year after last week’s big bounce, and UBS has highlighted several stocks that could be good to own as the market continues to recover. On Tuesday, the broad-market index traded near flat in the afternoon. Investors are uncertain of the rally’s sustainability as signs of peaking … Read more
Analysts at leading investment banks say a number of tech stocks present compelling buying opportunities right now – with some more than 30% off their 52-week highs. A storm of headwinds have hit tech stocks and investors are asking about names that are nearing the bottom, according to Bank of America. “Tech is facing the … Read more
Whether or not investors thrive in the current market may partly depend on how they deal with the stocks most leveraged to an economy that may be headed into a recession, according to Trivariate Research. “Perhaps the mantra of selling when they are cheap and buying when they are expensive will change going forward,” the … Read more
The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Deere – The stock plummeted 11.4% after Deere reported a miss … Read more
Check out the companies making headlines before the bell: Foot Locker (FL) – The athletic footwear and apparel retailer reported an adjusted quarterly profit of $ 1.60 per share, 5 cents above estimates. Revenue was slightly below forecasts, and same-store sales fell by less than half of what was anticipated by analysts. Foot Locker shares … Read more
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store – and the stocks investors should own to cash in. The emerging cycle – post the Covid pandemic – is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank … Read more
Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off of Thursday’s washout lows and were set to exit the week with reduced losses after Friday’s rally. Buyers on Friday hunted for bargains among small caps, biotechnology names, the … Read more
If the VIX keeps falling, some stocks could see their prices pop, according to a CNBC Pro analysis.
These stocks are well liked by analysts and are expected to grow earnings, making them rebound candidates after a big drop on Wall Street.