Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety of time frames, management’s plans – they take everything into account…. Source link
Read More »What These 3 FAANG Stocks Have in Store for 2021? Analysts Weigh In
Big Tech has been in the news and on our minds as this crazy year 2020 winds toward an end. While the election has resulted in divided government, unlikely to have the majorities needed for sweeping reforms in any area, there is a growing consensus the hi-tech giants are getting too big. Congress is starting to look at the giant tech firms through the lens of anti-trust legislation, while regulators, including the Justice Department and the Federal Trade Commission are considering similar… Source link
Read More »Zoom Q3 earnings beat analysts’ expectations, revenue up 367%
TipRanks Billionaire Israel Englander Pours Money Into 2 “Strong Buy” Stocks Following the wild ride that was 2020, where does the market go from here? Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill.In times like these, the investing greats can serve as a source of inspiration, namely billionaire Israel “Izzy” Englander.Who exactly is Englander? The… Source link
Read More »Google’s ad sales slump but recovery is on the way, analysts say
Ad sales simply have not been adding up, but recovery is on the way. This is the general consensus of Wall Street analysts who follow Google parent Alphabet Inc. GOOGL, -4.41% GOOG, -4.20% after it reported a second straight quarter of declining advertising revenue but offered encouraging signs of a rebound. Still, it wasn’t enough to stop a 5% drop in shares Friday that jeopardizes its $1 trillion market value. Despite the… Source link
Read More »Bank analysts warn of ‘confusing, sloppy, and shocking’ earnings as COVID-19 extends grip – Yahoo Finance
Bank earnings could reveal ugly-looking loan portfolios for the second quarter, but the industry hopes to champion its investment banking and cost-cutting efforts to squeeze out earnings. Earnings season will kick off on Tuesday as JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) report earnings before the market bell, covering the large U.S. banks’ performances through the three-month period ended June 30. “The upcoming [second quarter] earnings will be confusing, sloppy, and… Source link
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