Morgan Stanley, BofA stock picks for how to play a U.S. recession

A growing number on Wall Street are talking up the risk of a recession, with Goldman Sachs, Deutsche Bank and more all pointing to a higher probability of a downturn. “Economic data points indicate a higher probability of recession,” Morgan Stanley analysts said in a June 29 note. “Since the beginning of the year, we … Read more

Where to find the best value plays in the beaten-up technology sector

Technology stocks have plummeted toward multiyear lows in recent months as investors search for stable, reliable earnings. The tech-heavy Nasdaq Composite sits 25.2% off its highs, and the index has suffered its worst start to a year on record. As tech stocks have tumbled, investors believe there are some values to be had in select areas … Read more

Tech investor Paul Meeks says avoid from this FAANG stock

Tech investor Paul Meeks identified the FAANG stock he would currently stay away from despite the recent rout in the broader sector, saying parts of the company’s business “could be in some trouble.” That company is e-commerce giant Amazon, whose shares have dropped more than 30% so far this year, as of the Thursday close. … Read more

Deere, Foot Locker, Palo Alto Networks and 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

Foot Locker, Deere, DoorDash and others

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

Palo Alto Networks (PANW) earnings Q3 2022

Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021, in St Andrews, Scotland. David Cannon | Getty Images Palo Alto Networks shares rose 12% in extended trading on Thursday after the network security hardware maker announced … Read more

Tech sell-off is a ‘generational buying opportunity’ for the ‘right’ stocks, says analyst Ives

The tech-sell off is not the second dot-com bubble – it’s a “buying opportunity” for the right stocks, according to Wedbush Securities’ Dan Ives. “We view this historic sell-off as more of a generational buying opportunity for the right tech names / winners in 2023 and 2024 rather than a time to throw in the … Read more

Microsoft launches Security Experts services, boosting security spend

Satya Nadella, CEO of Microsoft CNBC Microsoft’s security business is growing faster than any of its main products, and now the company is adding heft to its offerings with three new services designed to help organizations spot and respond to cybersecurity incidents. Microsoft is among the leaders in cloud software and infrastructure, which means its … Read more

Goldman fund manager reveals 'massive' opportunity in tech, says investors are missing 2 stocks

One of Goldman’s top tech fund managers, Brook Dane, shares two stocks he says offer "exceptional" risk-rewards.

These ETFs offer protection to investors worried about a recession, Citi says

Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says.