Wall Street global stock picks

It has been an unforgettable first half for investors – and not in a good way, as a brutal sell-off swept across global equity markets and brought major indices to new lows. The S&P 500 suffered its worst first half since 1970, while the Nasdaq Composite’s 28.9% decline for the first six months condemned the … Read more

Oversold global stocks that analysts think are ripe for a rebound

Market watchers have been reluctant to call the bottom on the sell-off in global stocks this year, but some assets are now looking oversold – and could be ripe for a bounce. The stock market has tumbled into a bear market in the first half of this year amid fears that an overly aggressive rate … Read more

‘The pain will go on’

Ray Dalio, Bridgewater Associates, Founder, Co-Chairman & Co-CIO, at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Billionaire investor Ray Dalio is right to have bet against European stocks, and global markets still have a rough road ahead, according to Beat Wittmann, partner at Zurich-based Porta Advisors. Dalio’s Bridgewater Associates … Read more

These are the ‘best of the best’ global stocks to buy right now

Bank of America says these “high quality” stocks are set to deliver consistent growth and returns over the long term. “The macro environment is getting more supportive for investing in high return growth compounding stocks (‘Compounders’). Our top down view is that we are at, or close to, peak bond yields,” BofA’s analysts led by … Read more

Retail stock picks to ride the market volatility

Pella Funds Management’s Jordan Cvetanovski has named two retail stocks he says stand out and are likely to ride out the current market volatility. Cvetanovski, chairman, chief investment officer and portfolio manager at Pella, named US discount store Dollar General and UK-based apparel retailer JD Sports as picks during CNBC Pro Talks. While shoppers are … Read more

Fund manager reveals why he loves this chip stock

Investor favorites Nvidia and Advanced Micro Devices have taken a beating this year amid a broader tech sell-off and now look ripe for investors to buy the dip. But fund manager Jordan Cvetanovski is putting his money into other chip stocks – including one he says is “the world’s best business.” The iShares Semiconductor ETF, … Read more

Netflix, M&T Bank, Baker Hughes, IBM & more

IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday / Netflix – Shares of the streaming giant sank 35% after Netflix reported a loss of 200,000 subscribers in the most recent quarter. Netflix cited increasing competition, password … Read more

Netflix, Procter & Gamble, Baker Hughes and more

Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming service had projected subscriber additions of 2.5 million. Netflix also said it was exploring an ad-supported version. Walt Disney (DIS), Roku (ROKU), Warner Brothers Discovery … Read more

European markets, investors monitor Ukraine, global growth outlook

LONDON – European stocks are expected to open higher on Wednesday as investors monitor developments in Ukraine and assess the IMF’s latest global economic forecasts. The UK’s FTSE index is seen opening 10 points higher at 7,618, Germany’s DAX 50 points higher at 14,199, France’s CAC 40 up 20 points at 6,560 and Italy’s FTSE … Read more