TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
Read More »‘Bullish cocktail’ still in play for the stock market: strategists
A strong case could still be made to long stocks even as rising 10-year yields continue to place pressure on certain sectors of the markets, argues Merrill Lynch strategists. “We think the three pillars of the bull market are firmly in place — massive free liquidity, an exceptionally strong EPS growth cycle and substantial market breadth,” Merrill Lynch equity strategists Ajay Singh Kapur and Ritesh Samadhiya co-wrote in a research note on Thursday. They believe a “bullish cocktail” for… Source link
Read More »Stock futures drift sideways after reaching record highs
Benzinga 3 Biotech Stocks That Could Double In 12 Months Biotech stocks are risky investment bets that can swing an investor’s fortunes in a big way. An investment decision backed by careful scrutiny and analysis — of a company’s pipeline, collaborations, fundamentals, key make-or-break events and cash runway — can fetch disproportionate returns. Here are three biopharma stocks that have the potential to more than double from current levels: Immatics (NASDAQ: IMTX) FibroGen, Inc. (NASDAQ:… Source link
Read More »Forget GameStop and short sellers — the SEC says ‘OCMillionaire’ manipulated a worthless stock higher
Fool’s gold? The SEC alleges that a stock manipulator sucked investors into a worthless company by claiming it was about to become a big player in cannabis. If you’ve been following the ludicrous saga of trading in GameStop shares, you’ve probably heard about how short sellers try to profit by manipulating stocks to fall in price. But that’s not the only way people try to play the market. The Securities and Exchange Commission just unveiled fraud charges against a trader allegedly trying to… Source link
Read More »Stock futures drift higher ahead of Fed decision
Stock futures opened slightly higher Tuesday morning as investors awaited a key monetary policy decision and updated economic outlook from the Federal Reserve. Earlier during the regular session, the S&P 500 and Dow each ended lower to retreat from record closing highs notched earlier this week. The S&P 500’s loss was its first in five days. The Nasdaq ended marginally higher as technology stocks outperformed. The CBOE Volatility Index, or VIX, fell to a pandemic-era low of 19.3, or the… Source link
Read More »Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?
TipRanks 2 “Strong Buy” Dividend Stocks Yielding 8% The Nasdaq made a sharp reversal this week, leading the markets’ surge and swinging back into positive territory for the year. The prospects of a $1.9 trillion stimulus package, steadying rates, economic growth, and a retreating pandemic are all reasons for optimism. The question on everyone’s lips is, does the turnaround indicate the bull market can officially resume? Not so fast, says RBC Capital’s head of U.S. equity strategy… Source link
Read More »Stock futures open flat after record-setting rally
Stock futures opened slightly higher on Wednesday as investors paused following a record-setting gain for the S&P 500 and Dow. Earlier, both the S&P 500 and Dow set record intraday and closing highs, with the gain in the former led by the information technology, communication services and consumer discretionary sectors. Bitcoin prices (BTC-USD) closed in on $58,000, nearing the all-time high it set last month. The Nasdaq ended higher by 2.5% to recover some losses from the past several… Source link
Read More »GameStop stock on a roller coaster once again as short interest drops
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link
Read More »Roblox goes public, here’s how the stock is doing
Roblox (RBLX) opened strong on the New York Stock Exchange on Wednesday. Shares began trading at $64.50 each, well above their reference price of $45 set by the exchange on Tuesday. The online gaming platform went public via a direct listing, allowing current investors to sell shares. In direct listings, banks do not set an IPO price, like those seen in initial public offerings. Instead a “reference price” is used — which in this case was $45 a share. At that price, the company’s market cap… Source link
Read More »Stock futures edge higher after tech-led rally
TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link
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