[ad_1] CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson Goldman Sachs Lockheed Martin Netflix Procter & Gamble IBM Tesla AT&T Tractor Supply CSX SLB American Express …
Read More »Chinese EV stocks Nio, BYD, Li Auto, Xpeng fall sharply amid selloff
[ad_1] Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday, as investors soured on non-state-run Chinese companies following a weekend of dramatic political developments in China. …
Read More »Barclays downgrades Analog Devices, says it has yet to price in a correction
[ad_1] There are better names off the bottom in semiconductor stocks than Analog Devices , according to Barclays. Analyst Blayne Curtis downgraded shares of Analog Devices to equal weight from overweight, and lowered the price target, saying the semiconductor stock has yet to price in a correction. “We expect Analog …
Read More »Raymond James upgrades AT&T to strong buy, says telecom giant can surge 40%
[ad_1] AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications company’s return to its core business has improved the stock. “We believe this stronger rating is appropriate given AT …
Read More »Bank of America downgrades Meta, says lower ad spending could hurt Reels
[ad_1] Investors should hold off on Meta as it heads into earnings this week, according to Bank of America. Analyst Justin Post downgraded shares of Meta to neutral from buy, saying there is likely greater ad spending pressure ahead that could hurt Meta’s Reels business. “[While] 4Q & 2023 expectations …
Read More »China GDP: 2022 Q3 data stronger-than-expected after Xi Jinping secures third term in power
[ad_1] Hong Kong CNN Business — China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But foreign investors were still spooked and dumped Chinese equities in overseas markets, …
Read More »Amazon, Apple, Alphabet report as season heats up
[ad_1] CNBC’s Jim Cramer on Friday told investors that stocks will likely continue to do well as long as the economy holds up. “Many companies have battened down the hatches, so to speak, and prepped for a recession. So if we don’t get a severe slowdown, they will indeed keep …
Read More »I like Procter & Gamble over Walmart
[ad_1] Iron Mountain Inc: “Right now I don’t want to back away from it. … We may have to do new work on Iron Mountain to see if it’s as safe as we think it is.” McKesson Corp: “[Buy.]” Disclaimer: Cramer’s Charitable Trust owns shares of Procter & Gamble and …
Read More »Jim Cramer says to buy shares of Danaher on the dip
[ad_1] CNBC’s Jim Cramer on Friday advised investors to add Danaher to their shopping lists for next week after it reported third-quarter results. “You’re now getting a chance to buy one of the best-run companies in the world at a big discount. I think you’ve got to take advantage of …
Read More »RBC calls this stock the most compelling long-term growth story it covers
[ad_1] Shopify ‘s valuation will likely continue to be hurt by the uncertain economic outlook even if its bottom line isn’t showing warning signs, RBC said. “While macro uncertainty and higher risk-free rates are likely to continue to weigh on Shopify’s valuation through the end of 2022, we believe Shopify …
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