Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren’t too far from those levels on Monday, as Brent (BZ=F) hovered above $86 per barrel while West Texas Intermediate (CL=F) topped $82 per barrel. “The biggest fear in the market is the biggest geopolitical tension that we’re […]
Tag: Analyst
Buy These 2 Energy Stocks, Analyst Says, Forecasting up to ~46% Upside
The price of oil has been volatile in the past 12 months. WTI, the US benchmark price, peaked above $90 at the end of September and fell just below $70 in December. Currently, it’s at $82 per barrel, a high price that is a boon to an industry that is also generating record-level production. The […]
Carnival Stock Has 36% Upside, According to 1 Wall Street Analyst
The past few days have been quite a smooth cruise for Carnival (NYSE: CCL)(NYSE: CUK) stock. Powered by solid quarterly results, investors and pundits alike have become notably more bullish on the storied cruise line operator’s potential. One of the latter group, in fact, thinks the shares have upside approaching 40%. A bull gets more […]
A Wells Fargo analyst ordered the same Chipotle burrito bowl 75 times and found the portion problem is real
Chipotle executives have sworn up and down that the restaurant chain doesn’t have a portion problem, but an analysis by Wells Fargo begs to differ. To finally “put the ‘weight debate’ to rest,” Wells Fargo analyst Zachary Fadem and his team bought and weighed 75 burrito bowls, they wrote in a note this week. The […]
Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says
AI chip leader Nvidia will have an embarrassment of riches in the coming years, and shareholders will be rewarded, a tech analysts predicted. Ben Reitzes, a managing director and head of technology research at Melius Research, told CNBC on Wednesday that Jensen Huang’s Nvidia has mastered a “full stack” approach with its hardware and software, […]
Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
A powerful start to 2024 had the bulls predicting $100,000 bitcoin {{BTC}} at some point this year, but relentless selling pressure during April and June (interrupted by a May bounce) has the price struggling not to drop below $60,000 as the quarter draws to a close. Entering the second quarter, bitcoin was trading just shy […]
1 Cathie Wood and Warren Buffett Artificial Intelligence (AI) Stock to Buy Before It Surges 28%, According to 1 Wall Street Analyst
Artificial intelligence (AI) is dominating the technology sector right now, and one company that stands to benefit greatly is e-commerce and cloud computing leader Amazon (NASDAQ: AMZN). Roughly halfway into 2024, shares of Amazon have soared by 23% — handily topping the 15% year-to-date gain of the S&P 500 and the 19% rise of the […]
Nike Stock: Analyst Slash Views On Dow Jones Retailer After Sales Miss, Soft Outlook
Nike stock dived early Friday after the Dow Jones retailer missed sales forecasts for its Q4 results late Thursday and cut its outlook. A number of analysts downgraded Nike and/or cut their price target on shares after results. ↑ X NOW PLAYING How To Sell Stocks: When To Cut Losses Nike (NKE) earnings accelerated for […]
Nvidia Is Now Worth Over $3 Trillion, and 1 Wall Street Analyst Thinks The Stock Can Soar Another 59%
Nvidia (NASDAQ: NVDA) is the hottest company on the planet right now — and it’s not even close. Indeed, the chip specialist is at the heart of the artificial intelligence (AI) revolution, and investors can’t seem to get enough. Just days ago, Nvidia’s market cap rocketed past $3.3 trillion and briefly overtook Microsoft as the […]
Micron is still ‘trending in the right direction’: Analyst
Micron Technology (MU) reported fourth quarter earnings, surpassing expectations on the top and bottom lines. However, the company’s weaker-than-expected outlook disappointed investors, triggering a downturn in the semiconductor sector and dragging chip stocks lower in Thursday’s trading session. CFRA Research senior industry analyst Angelo Zino and Bloomberg Intelligence analyst Jake Silverman join the Morning Brief […]
There’s an Opportunity Brewing in These 2 Aerospace and Defense Stocks, Says Analyst
War in Ukraine, war in the Middle East, saber-rattling in China – there’s no question that the global security situation is turning chaotic. Closer to home, the halls of Congress are seeing an unusual degree of bipartisan agreement on defense spending. And in the stock markets, investors are taking a closer look at aerospace and […]
Eamon Dunphy brands James McClean ‘a mouth’ and Roy Keane ‘a poor analyst’
Eamon Dunphy has branded James McClean as “a mouth” in response to the Derry man’s debut as an RTÉ football pundit. Dunphy, a former Irish international who is now a well-known podcaster and pundit, also called Roy Keane “a poor analyst” whose “knowledge of the game is thin”. He made the comments in a column […]