Tag Archives: buy

It’s official. The all-electric Porsche Taycan sedan is more popular than the iconic 911 sports car. Last year Porsche sold 41,296 Taycans, topping sales of the 911, but it should be noted the 911 also hit a new sales record of 38,464 cars sold. The popularity and response the Taycan received has pushed Porsche further with EVs, now into the realm of sports cars. “By the middle of the decade, we want to offer our mid-engine 718 sports car exclusively in an all-electric form,” Porsche CEO… Source link

One thing is clear in the current market conditions: it’s a time of transition. Over the past four months, the stock market has shifted from the bull run we saw in 2021 into a far more volatile state of affairs. The market dipped into correction territory in March, bounced back out in April, and now is heading down again. One result of this has been an increase in bond yields, as equities have dropped. And with the Federal Reserve embarking on a new round of interest rate hikes, that… Source link

(Bloomberg) — Blackstone Inc. agreed to buy PS Business Parks Inc. for about $7.6 billion, expanding its bets on real estate across the U.S. Most Read from Bloomberg Affiliates of Blackstone Real Estate will buy Glendale, California-based PSB for $187.50 a share in cash, according to a statement Monday. The price is roughly a 12% premium to PSB’s closing price on Friday. Under the deal, Blackstone agreed to take over approximately 27 million square feet of industrial and office properties,… Source link

Yichuan Cao/NurPhoto via Getty Images Twitter officials are expected to meet Sunday to re-examine Musk’s offer to buy the company, WSJ reported. The company last week filed a shareholder rights plan or “poison pill” to prevent a hostile takeover by Musk. The Tesla CEO confirmed $46.5 billion in financing from banks and other entities in a regulatory filing earlier this week. Twitter is reportedly reconsidering Elon Musk’s bid to purchase the social platform, The Wall Street Journal… Source link

Yandex (NASDAQ:YNDX – Get Rating) was the target of unusually large options trading activity on Wednesday. Stock investors bought 1,814 put options on the company. This represents an increase of 1,437% compared to the typical daily volume of 118 put options. A number of brokerages have commented on YNDX. Citigroup dropped their target price on shares of Yandex from $75.00 to $70.00 in a research note on Thursday, February 17th. StockNews.com cut shares of Yandex… Source link

Investors should lean toward owning stable stocks amid the increasingly volatile economic backdrop and hope for the best, fancies Goldman Sachs. Goldman strategist Ben Snider said in a new note Tuesday that stable stocks — or ones that sport low share price and earnings growth volatility — are a must-own in this current moment. The strategist said the investment bank’s basket of stable growth stocks has outperformed the S&P 500 by five percentage points during the past six months as… Source link

There’s plenty of talk around about the dreaded ‘R’ word, recession, as the markets are obviously cooling off following the prolonged bull runs of late 2020 and 2021. With inflation running at 40-year highs, and GDP growth slipping in Q1, it’s no wonder that people are talking about a return to the late ‘70s, and Carter-era economic malaise. But have we taken the pessimism too far? Covering the market situation for Wells Fargo, senior equity analyst Chris Harvey believes so. He sums… Source link

Elon Musk is sort of becoming like billionaire activist investor Carl Icahn. The Tesla CEO, who has a 9.2% stake in Twitter, offered to buy the social media platform for $54.20 a share on Thursday. Here is what Musk wrote in a letter to Twitter Chairman Bret Taylor, as disclosed in a new SEC filing. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However,… Source link

The one good thing about a market downturn? You get lots of opportunities to load up on shares at a discount entry point. And who doesn’t like a discount? With the way the markets have performed so far this year, there are stocks in every segment which could potentially offer plenty of rewards. CNBC’s Jim Cramer thinks there are several names in the retail sector which look particularly enticing right now, ones for which the term “beaten-down” readily applies. Some rallied nicely… Source link

U.S. equity markets endured a gnarly first quarter. All three major indexes logged their worst performance in two years as rising interest rates, geopolitical tensions and supply-chain disruptions dampened investor sentiment. But even against that backdrop, Wall Street pros stayed bullish on stocks. According to new data from FactSet, analysts had the most Buy ratings on stocks in the S&P 500 as a percentage of their total ratings during February and March in over a decade. Of 10,821 ratings… Source link