After seeing a brutal reception on public exchanges post IPO in 2021, Bank of America strategists think it’s time to strike on a few unloved market newbies. “Fundamentals remain intact for many of the 2021 IPOs,” says BofA strategists Jill Carey Hall and Thomas Thornton. The strategists listed 16 companies with an average market cap of $1.22 billion where they believe the fundamentals — notably revenue outlooks — continue to be favorable and perhaps disconnected from their current… Source link
Read More »Google’s Guacamole may be premature, but it sounds ripe to become an Android feature
Google probably wasn’t planning to reveal this until the company’s I/O developer conference on May 18th, but it looks like a cat may be out of the bag: the company’s testing a feature that should let you stop alarms and answer calls on your Android phone simply by saying “stop” — no need to pick up your phone or even say “Hey Google.” We know this because a mysterious new setting called “Guacamole” has popped up in the Google app on Android 11 for some users —… Source link
Read More »‘We still believe the market is ripe for a pullback’: analyst
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link
Read More »20 stocks ripe to surge in 2021 because of 3 big tech trends: analyst
Per the usual, it has been a year of twists and turns for the tech sector. Companies such as Zoom (Yahoo Finance Company of the Year) and Slack (which will soon be part of Salesforce) have become household names and vital communication tools with people stuck inside during the COVID-19 pandemic. Demand for notebook computers has gone through the roof with employees working from home, benefiting companies like Dell and HP. The shift to the cloud has only accelerated this year in large part… Source link
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