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

Financials that did well in the 1994 Fed rate hike cycle

The Federal Reserve raised its benchmark interest rate by three-quarters of a percentage point last week and signaled that a similar hike could be on the cards in July – the boldest statement yet of its intent to combat soaring inflation. The hike was the Fed’s largest since 1994 and sent the benchmark funds rate … Read more

Exxon Mobil, Alphabet, Kellogg, Charles Schwab and more

Gas pumps sit empty at an Exxon gas station in Charlotte, North Carolina on May 12, 2021. LOGAN CYRUS | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Exxon Mobil – Shares of Exxon Mobil jumped 5.5% after Credit Suisse upgraded them to outperform from neutral and said they … Read more

Apple, Palantir, Exxon, Schwab, Micron

Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley downgrades Adobe to equal weight from overweight Morgan Stanley said it sees slowing earnings per share growth for Adobe. “Beyond Seasonality – Expecting Structurally Slower EPS Growth Ahead; Downgrade to Equal-weight.” UBS downgrades Boston Beer, Keurig Dr. Pepper and Molson Coors to neutral from buy … Read more

Kellogg, Lennar, Spirit Airlines and others

Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will comprise the snack and international cereal businesses, another the US cereal business and the third will be a pure-play plant-based food producer. Lennar (LEN) … Read more

UBS says Charles Schwab’s stock is a buy and ‘well insulated’ from market risk

The stock market is in turmoil, but brokerage firm Charles Schwab could be a port in the storm for investors, according to UBS. Analyst Brennan Hawken upgraded Charles Schwab to buy from neutral, saying in a note to clients Monday that the stock already reflects downside from issues like the potential end of payment for … Read more

Brokers look to replace payment for order flow amid SEC crackdown

The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice. One idea is coming from Apex Clearing, CNBC has learned. The clearing firm handles trades for SoFi, Webull and other fintechs and has been quietly building a marketplace for matching customer orders. The “auction” … Read more

Potential market-altering rules in focus as exchange execs meet at Piper conference

Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), listens during a Financial Stability Oversight Council (FSOC) meeting at the US Treasury in Washington, DC, US, on Monday, Dec. 9, 2013. Andrew Harrer | Bloomberg | Getty Images We are live on Wednesday at Piper Sandler’s Global Exchange Conference, where the heads of major … Read more

Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon

Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Wednesday night that reports of iPhone 14 delays are overblown. “Our supply chain checks do not indicate delays, and looking at past flagship iPhone launches, there’s minimal impact to FY shipments or AAPL stock performance … Read more

Tesla, Best Buy, Apple, Amazon

Here are Wednesday’s biggest calls on Wall Street: Oppenheimer upgrades CME to outperform from perform Oppenheimer said that the exchange company has a good defensive play in a bear market. “We are upgrading CME from Perform to Outperform and introducing a price target of $ 223. The upgrade is predicated upon our assumption that no … Read more