Tryaging/iStock via Getty Images Oppenheimer listed four stocks that could be great buys as industrials look tactically attractive. According to an Oppenheimer Technical Analysis note, the S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) has seen “key leadership” through the bull cycle “by stair-stepping higher on a relative basis.” Analyst AriContinue Reading
imaginima/iStock via Getty Images Algonquin Power (NYSE:AQN) edges lower in Monday’s trading after giving up early-session gains that followed Wells Fargo’s addition of the stock to its Q3 Tactical Ideas List, reiterating its Overweight rating and $8.50 price target while viewing the likely sale of the company’s renewables platform asContinue Reading
sodafish/iStock via Getty Images Omnicom (NYSE:OMC) was added to Well Fargo’s third quarter tactical ideas list on Monday, and the bank expects a positive set-up for near-term outperformance for the media, marketing, and corporate communications holding company. Wells Fargo lists out that among key catalysts for Omnicom (OMC) are expectationsContinue Reading
Sundry Photography/iStock Editorial via Getty Images Western Digital Corporation (NASDAQ:WDC) was added to Wells Fargo’s Q3 2024 Tactical Ideas list on Monday as the data storage company prepares to separate its HDD and Flash businesses into two publicly traded businesses. “WD is on track toward the separation of the FlashContinue Reading
Drew Angerer/Getty Images News Capital One Financial (NYSE:COF) was added to Wells Fargo’s Q3 2024 Tactical Ideas List on Monday. The analysts said COF shares have upside due to reasons such as, odds of the DFS merger increasing towards the election, low-end consumer concerns fading and edging closer to reserveContinue Reading
