Analysts say buy stocks like Bank of America & Marvell

Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock averages to weekly gains. That being said, identifying … Read more

IBM, Boeing, Hasbro, Ford & more

IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 6.6% after the tech company warned of a potential $ 3.5 … Read more

Analyst’s top chip firms as correction looms

After years of market-beating returns, investment bank KeyBanc believes a correction is now looming in the semiconductor sector. “The second quarter was a challenging quarter full of cross-currents impacted by the China COVID lockdowns and weakening end demand across all consumer end markets, which was offset by robust auto and industrial trends,” KeyBanc’s analysts, led … Read more

JPMorgan on investing in chip stocks even as recession risks rise

Many analysts are now bearish on the chip sector, but some semiconductor firms could still do well as well as the risks of a slowdown grow, according to JPMorgan. Some chipmakers are set to be driven by solid spending in a key tech sub-sector: the cloud. Companies will drive expenditure in this area – on … Read more

Buy-rated global stocks with track record of earnings growth

Corporate earnings have come into sharp focus ahead of second-quarter results, with market watchers anticipating further stock pullbacks as companies report lower earnings and guidance. This earnings season is seen by many as a barometer of the state of the economy, after a series of interest rate hikes by the Federal Reserve – including a … Read more

GameStop, Virgin Galactic & more

Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop – Shares of the video game retailer jumped more than 8% after the company said a 4-for-1 stock split was approved … Read more

Beaten-down tech stocks with strong financials and earnings growth

Tech stocks came under renewed pressure on Friday amid a broad sell-off in the market. CNBC Pro identifies the beaten down tech stocks from the US and beyond that look to have strong fundamentals and are loved by analysts. Wall Street suffered a massive sell-off at the end of last week, as all major indexes … Read more

Top analysts say buy stocks like Nvidia & Marvell

Workday co-founders and co-CEOs Aneel Bhusri (left) and Dave Duffield (center) applaud their company’s first trade after their IPO at the New York Stock Exchange on Oct. 12, 2012. Brendan McDermid | Reuters The last week of May put our minds slightly at ease with a relief rally (or rather, a bear market rally). Nonetheless, … Read more

Ulta Beauty, Big Lots, Autodesk, Workday and more

Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty – The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle – The stock dropped 4.2% after the retailer posted weaker-than-expected quarterly … Read more

Ulta, Gap, Dell and more

Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell: Ulta Beauty – Shares surged more than 6% after hours as the beauty retailer’s quarterly report beat Wall Street estimates on the top and bottom lines. Ulta Beauty posted adjusted first-quarter earnings of $ 6.30 per share on revenue of … Read more