[ad_1] It’s time to take a step back from CrowdStrike Holdings after the cybersecurity company’s latest earnings report, according to Stifel. Analyst Brad R. Reback downgraded the cybersecurity stock to hold from buy, saying that the company’s latest quarterly results showed CrowdStrike was hurt by a challenging macro backdrop. The …
Read More »Blackstone is a top pick in financials ahead of a potential Fed pivot, Morgan Stanley says
[ad_1] It’s time to buy Blackstone as investors prepare for a pivot from the Federal Reserve, according to Morgan Stanley. Analyst Betsy Graseck named the private equity giant a top pick in financials, with an overweight rating, saying the stock is attractive entry point after its decline this year. Shares …
Read More »I like Morgan Stanley over SoFi Technologies
[ad_1] Morgan Stanley: “That’s the kind of stock that we like here. … We are in real companies that make real things, return real capital and Morgan Stanley is one of those.” Intuitive Surgical Inc: “I’m now even gun-shy on the 50 times earnings and more stocks, because those are …
Read More »Charts suggest the S&P 500 is at a ‘make-or-break’ moment, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Tuesday said that the S&P 500 is at a critical moment that could send it higher or cut its upward trajectory short. “The charts, as interpreted by Carolyn Boroden, suggest that the S&P 500 could be due for some near-term turbulence if it can’t break …
Read More »Cramer says he likes stocks in these 4 industries over tech right now
[ad_1] CNBC’s Jim Cramer on Tuesday offered investors a list of industries they should eye over tech when managing their portfolios. Here is his list: Industrials Foods Pharmaceuticals Oils “Why rubberneck when you can invest in stocks of companies that have a lot going for them? I think that’s much …
Read More »Workday, CrowdStrike, Horizon and more
[ad_1] CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat Wall Street estimates on both the top- and bottom lines. The software vendor reported adjusted earnings per share of …
Read More »Tesla’s valuation is looking more reasonable, but stock still isn’t a buy, Bernstein says
[ad_1] Bernstein is maintaining its bearish stance on Tesla even though the electric vehicle company’s valuation looks more reasonable given the recent pullback. Analyst Toni Sacconaghi acknowledged that Tesla’s valuation looks attractive when compared to some high-growth tech stocks on certain metrics and trades at a lower multiple than Ferrari. …
Read More »Cramer says these 5 factors could help the Dow keep beating the other major indexes
[ad_1] CNBC’s Jim Cramer on Monday explained why he believes the Dow Jones Industrial Average will continue to outperform the Nasdaq Composite and S&P 500 next year. “As we head into the end of the year, Wall Street tends to crowd into the biggest winners, which is why I expect …
Read More »Enphase Energy is a buy
[ad_1] Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” Enphase Energy: “It is doing so well, and every time it’s down $15, $20, I want to come on air …
Read More »Strong labor report could bring bigger Fed hikes
[ad_1] CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries. If that doesn’t happen, if the numbers are …
Read More »