Tag Archives: Stock

Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. But one analyst tells Yahoo Finance shares could still have about 60% to climb to hit $600. MoffettNathanson analyst Lisa Ellis explained her thesis on Yahoo Finance Live shortly before Coinbase shares began trading, calling the stock a “must-own” for any longer term growth investor.  “We are… Source link

Bloomberg Oracle’s Years-Long Washington Offense Ends in Trio of Defeats (Bloomberg) — Oracle Corp. Executive Chairman Larry Ellison has spent the better part of a decade waging battle in U.S. courts and forging political alliances in Washington to win lucrative business and thwart adversaries.It’s all part of a high-stakes gamble to revive Oracle’s anemic revenue growth, which has averaged about 1% a year since 2012, and regain relevance in the face of a widening phalanx of upstarts… Source link

Yandex NV (YNDX) receives a strong valuation score of 61 from InvestorsObserver’s analysis. Our proprietary scoring system considers the overall health of the company by looking at the stock’s price, earnings, and growth rate to determine if it represents a good value. YNDX holds a better value than 61% of stocks at its current price. Investors who are focused on long-term growth through buy-and-hold investing will find the Valuation Rank especially relevant when allocating their assets. … Source link

TipRanks Raymond James Predicts Over 60% Rally for These 2 Stocks Bouncing back with incredible force, the S&P 500 has gained 50% over the past 12 months, with the index now landing just shy of its 52-week high. This impressive charge forward has come as investors shrug off COVID-19’s devastating impact on the economy. Going ahead, Raymond James strategist Tavis McCourt believes we’re looking at a prolonged period of higher interest rates, higher taxes, and abundant economic growth. “[It]… Source link

TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See 100% Gains (Or More) In a recent review of the market’s current conditions, JPMorgan strategist Eduardo Lecubarri recaps his view that 2021 will see modest gains across stocks generally – but outperformance among the small/mid-cap sector. Lecubarri believes that investors can find opportunities for big upside among stocks in that class. Driving the general stocks gains, Lecubarri points to recent manufacturing PMI prints, which are at… Source link

(Bloomberg) — GameStop Corp. climbed after saying it intends to elect Ryan Cohen as its next chairman, cementing the activist investor’s influence at the video-game retailer. Kurtis Wolf resigned effective April 5, GameStop said in a filing Thursday. The company said the resignation didn’t result from a disagreement over operations, policies or practices. Cohen will stand for election at the annual meeting on June 9, GameStop said in a statement. It plans to pay all directors entirely in… Source link

TipRanks Goldman Sachs Says These 3 Stocks Are Ready to Rip Higher Current market conditions are pushing investors into stocks – and the result is record-high valuations. The S&P 500 has hit a new all-time high, and the NASDAQ, which peaked in February, remains within 3% of its record level and is headed back up. While this is obviously good for investors’ portfolios, there is some concern that we may be looking at a stock bubble. Weighing in from Goldman Sachs, however, strategist Petter… Source link

TipRanks Goldman Sachs Says These 3 Stocks Are Ready to Rip Higher Current market conditions are pushing investors into stocks – and the result is record-high valuations. The S&P 500 has hit a new all-time high, and the NASDAQ, which peaked in February, remains within 3% of its record level and is headed back up. While this is obviously good for investors’ portfolios, there is some concern that we may be looking at a stock bubble. Weighing in from Goldman Sachs, however, strategist Petter… Source link

Tesla shares (TSLA) are getting a nice pop on Monday following much better than expected first quarter delivery numbers, but the real upside to shares in the medium-term will be in part due to efforts out of the Biden administration to get people into electric cars.  Or so says Wedbush tech analyst Dan Ives, who lifted his rating on Monday to Outperform with a $1,000 price target. Ives’ bull case price target is $1,300, reflecting optimism on Biden’s EV ambitions.  “We are hearing from our… Source link