Tag Archives: buy

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

Starting next week, users of Barnes & Noble’s Android app will no longer be able to buy digital books in the app, and it seems to be due to a Google Play policy deadline that’s been more than a year and a half in the works. And it’s not just Barnes & Noble that’s affected; you aren’t able to buy Amazon’s Audible titles with a debit or credit card in the latest version of its Android app, either. The changes appear to stem from Google’s insistence that apps use Google Play’s… Source link

Google will no longer sell movies and TV shows from the Google Play app starting in May, the company announced (via Ars Technica). Instead, you’ll be able to get movies and shows from the Google TV app. “On Google TV, you will find the same experience you are used to on Google Play Movies & TV with the latest new releases, rentals, deals, and great recommendations for you,” according to a company support page. Content you have already purchased will be available in the Google TV… Source link

Alexander Manzyuk/Reuters The fifth-largest stockpile of gold in the world belongs to Russia, valued at nearly $140 billion. As with oil, sanctions are making it very difficult for Russia to trade the precious commodity. Demand for gold is still high within the country as the ruble has crashed to record lows. Like the price of crude oil, gold prices have been on a wild ride since Russia began its invasion of Ukraine. And like oil, Russia holds some of the world’s largest reserves of gold — some… Source link

Apple’s stock (AAPL) looks like a good buy on weakness, argues one strategist. “We actually bought Apple over the last couple of weeks. I mean the name has come down tremendously. So I think you can go in and buy that name. They have such a strong balance sheet and they have a tremendous cash position,” said Crossmark Global Investments chief markets strategist Victoria Fernandez on Yahoo Finance Live. To be sure, Apple’s stock hasn’t been immune to the broader pullback in tech stocks this… Source link