[ad_1] Even as other retail companies struggle, Walmart is poised to outperform as more consumers look for value, according to Deutsche Bank. Analyst Krisztina Katai named the big-box retailer a top pick, calling the stock a defensive winner that will build on its recent gains. Walmart shares are up nearly …
Read More »5 things to know before the stock market opens Friday, November 11
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stock blowout What a huge day for stocks. All …
Read More »Goldman Sachs CEO says he expects a ‘reopening’ in capital markets next year
[ad_1] Goldman Sachs CEO David Solomon said Thursday that he expects capital markets to recover in the upcoming months. “I think what we’re going through at the moment is a reset of valuation expectations,” he said in an interview with CNBC’s Jim Cramer. “In the coming months, we’ll see a …
Read More »Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down
[ad_1] CNBC’s Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry’s pandemic boom wanes. “We caught a real break today with a much lower-than-expected consumer price index number, and a huge part of that came down to how much it costs to get …
Read More »I no longer advocate that you should sell Activision Blizzard
[ad_1] Advanced Micro Devices Inc: “We’ve cut the position back for my Charitable Trust. … We’re happy and content to leave the rest and let it run up $8 today.” Medtronic PLC: “I can’t recommend it. … There are many better healthcare stocks out there.” Activision Blizzard Inc: “I actually …
Read More »This home electric vehicle charging stock can nearly double, Bank of America says in upgrade
[ad_1] The Inflation Reduction Act, recent share underperformance and an attractive valuation all make Wallbox a buy, Bank of America said Thursday. Analyst Alexander Virgo upgraded the Barcelona-based maker of home electric vehicle chargers to buy from neutral. The analyst did trim his price target on the stock to $10 …
Read More »5 things to know before the stock market opens Thursday, November 10
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A lot to process Markets sold off Wednesday as …
Read More »Despite chaos, UK stockpickers are rubbing their hands: Here’s what they’re buying
[ad_1] The U.K. has been beset by political and economic instability in recent months, but as the investment environment undergoes a fundamental transition, investors see opportunity. The makeup of the U.K.’s FTSE 100 differs considerably from many major developed markets, in that it is heavily-weighted toward consumer staples, financials and …
Read More »Northern Oil and Gas is not a buy
[ad_1] Energy Transfer LP: “It’s got a nice yield. I do like the pipeline companies very much. ET’s a win.” Tellurian Inc: “I believe that it is a call option on natural gas.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help …
Read More »Cramer warns growth stocks could see ‘more horror’ after CPI release
[ad_1] CNBC’s Jim Cramer on Wednesday warned that growth stocks could take another beating if the October consumer price index reading shows that inflation is still running rampant. “If we get a steaming hot CPI reading, you’re going to see more horror on your screen, so that’s why people sold …
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