[unable to retrieve full-text content]Nvidia stock has 258% upside as its ‘impenetrable moat’ will propel it to a $10 trillion valuation by 2030, tech analyst says Yahoo Finance Source link
Read More »No rate cuts in 2023, inflation risk still to upside
No Federal Reserve officials thought it’d be appropriate to begin cutting rates in 2023, and officials worried that easing in financial conditions could complicate the central bank’s efforts to bring down inflation, according to internal discussions at their policy meeting three weeks ago. Minutes from the central bank’s December policy meeting released Wednesday showed while Fed officials welcomed easing October inflation data, they stressed that it would take substantially more evidence… Source link
Read More »Is there room for more upside? Experts weigh in
It’s been a strong 2022 for energy stocks. The S&P 500’s XLE (XLE) is up more than 40% since the beginning of January — by far outperforming the broader market. In June and July, overbought energy stocks pulled back sharply amid concerns of a recession and tumbling oil prices. Since then, the sector has regained a large portion of those losses. In continuation of our series, “What to do in a bear market,” Yahoo Finance asked the experts if energy is still the place to be given the recent… Source link
Read More »Morgan Stanley Bullish on These 2 Stocks for at Least 40% Upside; Here’s Why
Inflation has been making headlines all year, and rightly so; it’s at 40-year high levels, driven by sharp increases in the prices of gasoline and diesel fuels. But oil and its various refined products have come down in recent weeks, and so – the July inflation numbers weren’t as bad as had been feared. The overall year-over-year price increase for the month came to 8.5%, still awful, but less than the 8.7% economists had been predicting. Markets these days are rallying in… Source link
Read More »The economy ‘is going to slow a lot’ — but there is one big upside
If there is any upside for investors from the slowing U.S. economy, it’s that the Federal Reserve may have no other choice but to put the brakes on its aggressive pace of rate hikes later this year. “There are two reasons that they would slow the pace,” Goldman Sachs Chief U.S. Economist David Mericle told Yahoo Finance Live at the firm’s 10,000 Small Businesses Summit (video above). “One reason is I think the economy is going to slow a lot. And you’re going to see that in a much more… Source link
Read More »MLB relievers worth adding with saves upside
The following relievers are widely available in Yahoo Fantasy Baseball formats and may be worth grabbing for those searching for saves. Houck picked up two saves over the weekend and looks like Boston’s new main closer, so we’re including him here even though he’s just over the typical 50% rostered threshold. He may be eased into working back-to-back days, but Houck is a first-round pick who’s allowed just one run over 19.0 innings (with 18 Ks and a 0.89 WHIP) since moving to the bullpen… Source link
Read More »J.P. Morgan Makes 2 Bottom-Fishing Bets for Over 90% Upside Potential
Stock markets have been bearing the brunt of multiple headwinds in recent months. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near… Source link
Read More »Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows
Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows “Be fearful when others are greedy and greedy when others are fearful.” Of all of investing legend Warren Buffett’s memorable quotes, that’s probably his most famous. But it’s a lot easier said than done. When stocks are soaring, everyone wants a piece of the action. Meanwhile, the down-and-out stocks rarely get a second look. After the market rebounded from the… Source link
Read More »4 ‘buy’ rated stocks for the rest of 2022 with up to 101% upside
Goldman Sachs: 4 ‘buy’ rated stocks for the rest of 2022 with up to 101% upside Year to date, the Dow, the S&P 500 and Nasdaq are all deep in correction territory. But Goldman Sachs still sees plenty of opportunities. In fact, the Wall Street firm has issued ‘buy’ ratings on multiple companies this year, projecting meaningful upside ahead. So here’s a look at four stocks Goldman Sachs is bullish on. These are volatile names, though, so always do your own research before making investment… Source link
Read More »2 ‘Strong Buy’ Stocks Under $10 With Over 100% Upside Potential
Small-capitalization stocks have been hit particularly hard over the past months. A look at the Russell 2000, the leading index of small caps, tells the story. The Russell last hit a record high back in November of last year, and it’s gone mostly downhill from there — falling 20%. But low prices now could translate into investor opportunities later on. In fact, Jefferies strategist Steven DeSanctis believes that the small caps are in a “bottoming out process.” DeSanctis argues that… Source link
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