In each of the past four years, Wall Street has traded off bear and bull markets. These swings have been particularly noteworthy for the predominantly growth-focused Nasdaq-100, which comprises 100 of the largest nonfinancial companies listed on the Nasdaq stock exchange. After tumbling 33% during the 2022 bear market, the innovation-powered Nasdaq-100 rallied by a […]
Several Wall Street analysts have selected Amazon (NASDAQ: AMZN) as a top pick in 2024, including Thomas Champion at Piper Sandler, Doug Anmuth at JPMorgan Chase, and Scott Devitt at Wedbush Securities. The reason for that optimism can be summarized in three points: improving profitability in retail, strong momentum in digital advertising, and a potential […]
Growth stocks are supposed to, well, grow. That’s especially the expectation when the overall stock market soars as it did in 2023. However, even the best growth stocks can experience rough patches. Those periods, though, can present excellent buying opportunities for long-term investors. Here’s one growth stock down 79% that’s a screaming buy right now, […]
(Bloomberg) — Analysts are throwing in the towel while some investors are positioning for stock gains in PayPal Holdings Inc. ahead of an event Thursday at which the company is expected to showcase its innovations. Most Read from Bloomberg At least four analysts have downgraded the stock this month, citing a range of concerns from […]
Wall Street slashed 2024 profit projections Thursday as Tesla (TSLA) appears headed for a difficult 2024 after the EV giant and Chief Executive Elon Musk offered a tempered outlook with few specifics late Wednesday. TSLA shares responded by sinking early Thursday. X Tesla reported worse-than-expected fourth-quarter earnings and revenue Wednesday, following it with a conference […]
General Electric (GE) reports Q4 earnings early Tuesday as the conglomerate approaches its conversion to a pure-play aerospace company. GE stock rose Monday, extending further from a buy zone after a mid-November breakout. X TD Cowen in a research note last Tuesday said it expects mostly in-line results from GE. But strong Department of Defense […]
Last year gave investors plenty of reason to smile. When the clock struck midnight, the benchmark S&P 500 and growth-focused Nasdaq Composite had powered higher by 24% and 43%, respectively. While the Dow Jones Industrial Average didn’t deliver the same jaw-dropping gains, it did manage to notch a record high during the year, which is […]
It sometimes pays to check out stocks that experts really like. By experts, I’m referring to investors who have achieved tremendous success and analysts who spend most of their time researching stocks. Bill Ackman is a good example of a wildly successful investor. He has amassed a fortune of close to $4 billion, thanks to […]
Electric carmaker Tesla (NASDAQ: TSLA) and ad tech company The Trade Desk (NASDAQ: TTD) were winning investments over the last five years, with shares soaring 830% and 380%, respectively. That price appreciation led both companies to split their stocks. Those stock splits are old news, but the underlying message still matters: Tesla and The Trade […]
For more than 127 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of Wall Street’s most-watched “health” barometers. What was once an index comprised of a dozen mostly industrial stocks in the late 1800s is now represented by 30 diverse, mature, multinational businesses. But just because a majority of the […]
China has been watching the Kinzhal closely to see how it stacks up against US systems in Ukraine. Beijing hopes that its own hypersonic missiles will give it an edge over the US in a potential war. But some defense analysts in China are questioning Russia’s performance with the missile. Modern militaries have been looking […]
Apple (AAPL) and Microsoft (MSFT) are battling it out to be the most valuable in the S&P 500. But analysts already predict who will be the winner. X Powered by its aggressive push into AI, Microsoft’s value is expected to surge 7.8% to $3.1 trillion in 12 months, based on analysts’ 12-month price targets, says […]