Category: Investing

Cisco looks primed for a buy, with Amazon, Apple surging: Technician

The Nasdaq is poised to start September on a high, after its best monthly performance since the peak of the 2000 dot-com bubble. Big surges in tech names including...

Amazon looks to $1 trillion, but technical analyst bets on correction

Amazon just got a little closer to $1 trillion on Wednesday. The e-commerce company rallied after Morgan Stanley became the biggest bull on the Street with its $2,500...

Credit Suisse says buy Tiffany shares, citing ‘robust’ demand in China

Tiffany shares will rise as the company benefits from strong demand in China, according to Credit Suisse. The firm reiterated its outperform rating for the...

Investors betting defensive stock market plays will win as they sold tech, financials

Health-care stocks saw inflows of $800 million, giving the sector a total of $5.5 billion in inflows for the past three months. The S&P health-care sector has been...

Here are 3 top drug stock ideas from JP Morgan — including Merck

J.P. Morgan shared with its clients the firm’s best current stock picks in the U.S. pharmaceuticals sector. “We continue to see an attractive fundamental...

Stocks to pop another 10% or more from here despite trade war, rising rates, says Street’s biggest bull Dwyer

Wall Street’s biggest bull is standing by his call that the S&P 500 will jump 12 percent by the end of 2018 as the broad market index nears highs not seen...

Fed may have to slow hikes, stop balance sheet moves

The Fed is confident in the economy now, but by next year it may have to slow interest rate hikes and stop paring back its balance sheet, according to Rick Rieder,...

NYSE FANG+ index falls into correction territory

The market’s favorite technology stocks are tanking as investors are growing concerned over the companies’ ambitious growth targets after disappointing...

Twitter shares are soaring and could see a bigger move on earnings

Twitter shares surged 5 percent on Wednesday, placing the stock on track for its best day since mid-June. The move comes ahead of its quarterly earnings report on Friday...

Traders expect that the Fed probably will ignore Trump’s rate complaints

Indeed, the CME Group’s FedWatch tracker indicated on Friday a 91 percent chance of a September move and a 61 percent probability of another hike in December. In...