As the stock market tries to find its footing after a nearly two-month slide, Wall Street analysts are bullish on some of the biggest blue-chip names. The Dow Jones Industrial Average has been the best performer this year among the major market averages, but is still down about 10% in 2022 thanks in large part … Read more
Here are Friday’s biggest calls on Wall Street: Jefferies upgrades Ulta to buy from hold Jefferies said it’s turning more constructive on shares of Ulta. “We are reframing our thesis, upgrading to Buy with an ‘all clear’ signal re: make-up recovery, favorable channel shift, share gains, leverage on tighter costs & inventory, embedding freight cost … Read more
As surging inflation puts significant pressure on margins, Bernstein names stocks with pricing power that could outperform.
Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says.
"I know from experience that if you wait until the [Federal Reserve] is done and inflation’s broken, it’ll be too late to buy," the "Mad Money" host said.
Twitter Kacper Pempel | Reuters Check out the companies making headlines in midday trading. Twitter – Twitter shares ticked 1.4% higher after surging earlier on news that Elon Musk offered $ 54.20 a share to buy the social media company and take it private. Earlier this month, the Tesla CEO announced a 9.2% stake in … Read more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter’s largest shareholder – offered to take the company private for $ 54.20 per share in cash. The proposed deal would value Twitter at more than $ 43 billion. … Read more
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and … Read more
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. GameStop – Shares of the video game retailer dropped 6% on huge trading volume. More than 8 million shares … Read more
Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $ 28 per share. The deal is worth $ 16 billion, including assumed debt. FedEx (FDX) – FedEx … Read more