[ad_1] As investors become increasingly focused on the shift to electric vehicles, Goldman Sachs has a list of stocks aligning with automotive technology trends. Analyst Mark Delaney said he will continue to be “selective” with auto equipment maker names as price and mix will both be headwinds. He also said …
Read More »How to play the beaten-up EV stocks from here — Evercore ISI sees one doubling next year
[ad_1] Electric vehicle stocks have had a tough year, but don’t count them out just yet, according to Evercore ISI. Analyst Chris McNally said the past year has been a much-needed expectation reset for nascent EV players, such as Fisker , Rivian Automotive , and Lucid Group . Their stocks …
Read More »These stocks are forming golden cross chart patterns to lead the S&P 500 higher
[ad_1] A major rally could be ahead of some stocks that are forming “golden cross” patterns heading into the year-end. A golden cross chart pattern forms when the 50-day moving average climbs above the 200-day moving average. Technical analysts typically understand the signal as a bullish pattern for stocks. With …
Read More »This week’s best performers include several retail stocks and one exchange operator
[ad_1] It hasn’t been the best week for the broader market. The S & P 500 is down about 1% week to date, as investors weighed fresh commentary from Federal Reserve officials on inflation and monetary policy, which heightened concerns of even higher interest rates. Several retail stocks bucked the …
Read More »Here are Wall Street analysts’ favorite retail stocks as giants such as Target get set to report
[ad_1] Some of the biggest retailers in the U.S. are set to report their latest quarterly figures this week, potentially giving insight on how well consumers are faring with inflation and the broader macroeconomic environment. Walmart and Home Depot are slated to report Tuesday. Target’s results are scheduled for Wednesday, …
Read More »These stable value stocks are holding up this year and pay solid dividends
[ad_1] After a vicious week for stocks CNBC Pro found some stable value names that pay healthy dividends to help traders bolster their portfolios. The S & P 500 lost more than 5% last week, briefly dipping below its bear market closing low of 3,666. These swift declines left investors …
Read More »Inventory is piling up as consumer demand slows. That’s bad news for these stocks
[ad_1] It’s time to sell stocks that are seeing inventory pile up at the same time as consumer demand slows, according to Adam Parker of Trivariate Research. Inventory levels are becoming the key performance indicator for equities as companies continue to deal with global supply chain issues made worse by …
Read More »Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett
[ad_1] Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a …
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