Alibaba (NYSE:BABA), the Chinese tech giant, disappointed investors in 2023 while many of its American counterparts delivered strong returns. Alibaba stock has declined almost 40% in the last 12 months, but new catalysts have emerged to drive the stock higher in 2024. Although regulatory risks need to be monitored carefully, I am bullish on Alibaba […]
Tag: Catalysts
BofA upgrades Apple stock to Buy citing Vision Pro and generative AI as growth catalysts
After a string of downgrades from Wall Street analysts, Apple’s (AAPL) stock received a much-needed vote of confidence on Thursday as Bank of America (BAC) analyst Wamsi Mohan upgraded the bank’s position on the company and raised its price target. Shares of Apple were up nearly 3% as of midday Thursday. In a research note, […]
2 Biotech Stocks With Huge Catalysts in 2024
Investors seeking stocks that can produce dramatic gains in 2024 can find what they’re looking for in the biopharmaceutical industry. Clinical-trial results that these two companies are expected to announce soon could cause these biotech stocks to rocket higher. While big, incoming catalysts could push these stock prices higher, there is also a lot that […]