The S&P 500’s health care sector (NYSEARCA:XLV), holding a weightage of 12.12% in the S&P 500 index, saw a fall of 0.49% in Q2 and is the fifth lowest scored sector by the SA Quant rating system. With earnings kicking off next week, we look at the sector’s performance andContinue Reading
UBS analysts updated their “global top list.” Leadership among stocks once again narrowed in June, with info technology (XLK) keeping its top seat among the sectors. “The resilient economy should allow earnings to recover, while we expect discount factors to decline as inflation normalizes and central banks embark on anContinue Reading
Spencer Platt/Getty Images News Tesla’s (TSLA) been in vogue on the Interactive Brokers (IBKR) trading platform, with a recent surge in the electric vehicle maker’s stock price drawing attention away from AI chipmaker Nvidia (NVDA). Shares of Tesla (TSLA) on Tuesday cemented their 10th consecutive win, and the “straight upContinue Reading
The S&P500 (SP500) closed in the green on Friday, after an eventful week that saw the arrival of fresh economic data supporting the easing of monetary policy. Besides focusing on the Fed’s monetary policy committee meeting, market participants also digested comments from Fed chair Jerome Powell. For the week, theContinue Reading
Scott Olson/Getty Images News Stifel singled out DraftKings (NASDAQ:DKNG) as a top pick heading into the Q2 earnings season and the second half of the year. Analyst Jeff Stantial thinks the setup is favorable for a share price recovery from the recent slide, driven primarily by the Illinois tax hikeContinue Reading
Hamilton, Bermuda, July 5th, 2024, Chainwire HashKey Global, a licensed digital asset exchange, proudly announces its first profitable month and its ranking among the top 10 global exchanges on Coingeckoas of the date of this release. This milestone marks HashKey Global as one of the fastest-growing digital asset exchanges inContinue Reading
hapabapa Adobe (NASDAQ:ADBE) is one of the new entrants to Mizuho’s monthly compilation of top picks. The top picks list has the highest conviction ideas identified by the bank’s US analysts. Analyst Gregg Moskowitz suggested the breadth of Adobe’s (ADBE) AI monetization is “being underappreciated” by Wall Street and itContinue Reading
Mizhuo picks Axsome Therapeutics (AXSM), Wave Life Sciences (WVE), Arcutis Biotherapeutics (ARQT), LivaNova (LIVN) and Humana (HUM) as July’s top picks. Mizhuo put out a list of its top stock picks for the month in every sector. According to the broker research on Axsome, “While we see >$1bn in peakContinue Reading
Monty Rakusen U.S. oil and gas major Chevron (NYSE:CVX), pipeline operator Energy Transfer (NYSE:ET), solar technology firm Nextracker (NASDAQ:NXT), and utility Edison International (NYSE:EIX), are among Mizuho Americas’ top energy picks, and preferred ‘Outperform’-rated names, a report on Wednesday showed. Mizuho has a price target of $205/share for Chevron (CVX),Continue Reading
Nomad Foods (NYSE:NOMD), Carnival (NYSE:CCL), Lowe’s (NYSE:LOW) and Wayfair (NYSE:W) are Mizuho Americas top picks for the consumer sector. For Nomad Foods (NOMD) the analysts believe that the Street’s concerns for the company’s competitive position are excessive. Mizuho has a target price of $28 and a rating of Outperform onContinue Reading
