Tag Archives: Megacap

‘Nowhere else to go but up’ — Jim Cramer likes these 3 mega-cap tech stocks that have been soundly shellacked in 2022 With the Nasdaq Composite down 24% year to date, sentiment towards tech stocks is far from bullish. It’s hard to predict when the market will bottom, but CNBC’s Jim Cramer sees big opportunities in the tech space. “While they may stay losers, the bottom line is they’ve fallen so darn far that I think they’ve become metaphors for a whole host of stocks that are… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Microsoft, Alphabet report later in the day * GE down after it sees 2022 earnings at lower end of forecast * Tesla slides as Musk clinches deal to buy Twitter * Indexes down: Dow 1.56%, S&P 1.90%, Nasdaq 3.03% (Adds comment; updates prices, details) By Bansari Mayur Kamdar and Devik Jain April 26 (Reuters) – The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, as… Source link

As Russia launches a war against Ukraine, the Nasdaq Composite (^IXIC) — down more than 3% at Thursday’s open — mounted a furious comeback, with megacap stocks Microsoft (MSFT) and Alphabet (GOOGL, GOOG) doing much of the heavy lifting. However, the eight largest U.S. publicly traded companies have hemorrhaged over $2 trillion in market capitalization since their combined value peaked in mid-November. According to one Wall Street strategist, the geopolitical maelstrom may give… Source link

Jim Cramer likes these 3 ‘junior’ growth stocks you’ve probably never considered ⁠— grab them before they become the next mega-cap stars The market continues to have an insatiable appetite for growth stocks. For example, data from investment firm Wilshire shows that growth stocks have nearly doubled the performance of value stocks over the past five years. And while some growth-oriented high-fliers have pulled back recently amid omicron fears, CNBC’s Jim Cramer continues to dig the group… Source link

(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link