Wall Street believes these Nasdaq names will lead a comeback after its worst quarter since 2008

It was a vicious first half and quarter for stocks, but especially for members of the tech-heavy Nasdaq Composite. Rising inflationary concerns spooked investors, who increasingly turned on one-time tech darlings that are more sensitive to rising interest rates. The Nasdaq Composite dropped 29% in the first half, the most of the three major averages. … Read more

Top stock picks to buy the S&P 500 dip

The S&P 500 – down about 20% so far this year – is on pace for its worst first half of the year since 1970. But fund manager Robert Luna believes it could be primed for a rally. “It’s definitely time for a rally talk because there’s a lot of pessimism out there right now, … Read more

Job cuts hit cybersecurity firms despite surging growth from attacks

A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company … Read more

Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more

Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies – Solar stocks jumped after the Biden … Read more

Tesla, Amazon, Spotify, CrowdStrike, Apple

Here are Monday’s biggest calls on Wall Street: Morgan Stanley names Monster a top pick Morgan Stanley said the beverage company has an attractive valuation. “We reiterate our OW on MNST and move it to our Top Pick, with our topline / margin analyzes in this report giving us increased conviction in our even higher … Read more

CrowdStrike is a buy as the macro environment becomes more uncertain, Morgan Stanley says

Adding CrowdStrike shares to a portfolio can provide much-needed protection in this uncertain environment, Morgan Stanley said Monday. Analyst Hamza Fodderwala upgraded the cybersecurity stock to overweight from equal weight, noting that demand for the company’s services remains solid despite the worsening macroeconomic outlook. The analyst also hiked his price target on the stock to … Read more

Coinbase, Tesla, American Air and more

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Here are the stocks making the biggest moves in midday trading Friday. Coinbase – Shares of the cryptocurrency services provider fell 9% after it extended … Read more

Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $ 76 per share in cash, or $ 4.1 billion. Turning Point specializes in cancer treatments. Lululemon (LULU) – Lululemon … Read more

Lululemon, RH, Okta and more

People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Check out the companies making headlines in extended trading. Lululemon Athletica – Shares of the athleisure … Read more

Here are the top stock picks from UBS for the rest of the year

The US stock market has had one of its worst starts to a year on record, but there could be some bounce-back potential after such a broad pullback. Analysts at UBS put together a list of top picks for the rest of the year, including names that are less popular at other Wall Street firms, … Read more