The Top 5 China Stocks To Buy And Watch: EV Giant Flashes Aggressive Buy Signal
Chinese stocks have rebounded as the end of Covid restrictions revive economic hopes. E-commerce, solar and EV stocks are among the 5 best.
Chinese stocks have rebounded as the end of Covid restrictions revive economic hopes. E-commerce, solar and EV stocks are among the 5 best.
The Street’s experts build their reputations by the quality of their market and stock assessments, and they’re coming out in force now to give their interpretations of the strong start we’ve seen in 2023. The S&P 500 index is up 5%, while the teach-heavy Nasdaq has gained nearly 10%. It’s a welcome reprieve from last year’s downward trends; the question is, will it hold? Watching the situation from investment firm Evercore ISI, strategist Julian Emanuel has his doubts. He’s recommending that inv
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Investors have sent shares of Salesforce Inc. on what could be their best monthly run since August of 2020, albeit due to moves to cut costs.
Considering his status, only a brave financial prognosticator would tell investors to ignore some advice from Warren Buffet. That, however, is what Bank of America's Savita Subramanian currently recommends investors should do. While the investing sage has often said that the best strategy for retail investors is to purchase and hold an index fund that keeps track of the S&P 500, Subramanian, who is the head of US equity and quantitative strategy at BofA, does not think that is the best way forwa
Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s quarterly data-center sales gains countered a big hit to PC sales and the company forecast sales above $5 billion for the current quarter.
Oil producer discipline, steady global demand and an embargo on Russian crude likely to keep the market tight even in a downturn, CEO says.
U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that beat Wall Street targets, enthusing investors who saw the company gaining on rival Intel. "AMD remained resilient and even made gains in their datacenter chips...against Intel," said Wayne Lam analyst at CCS Insight. Chief Executive Lisa Su said she was confident AMD will keep gaining market share this year and that the second half would be stronger than the first.
A federal court said J&J can't rely on a bankruptcy filing to resolve litigation related to its baby powder. JNJ stock tumbled Monday.
Phillips 66 is among the S 500's biggest losers Tuesday morning after its banner quarterly profit missed Wall Street expectations. Shares in the refining company are down about 5% following lower-than-expected earnings: + Net income last quarter of $1.9 billion came in below the FactSet consensus estimate of $2.2 billion. + Earnings per share were $3.97 compared to the anticipated $4.70. The miss comes amid a record-setting earnings season for oil and refining companies that has drawn a mixed re
Consol Energy (CEIX) closed the most recent trading day at $57.41, moving +0.6% from the previous trading session.
Biogen Inc. (BIIB) closed at $285.94 in the latest trading session, marking a -1.43% move from the prior day.
MercadoLibre (MELI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
U.S. stock indexes fell on Jan. 30, with the Nasdaq shedding nearly 2% to start a week that will feature tech earnings, a Fed meeting, and jobs data.
Spotify Technology SA's revenue largely matched expectations in the fourth quarter, though the company delivered better user growth than anticipated.
Caterpillar Inc's fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs and foreign currency effects that weighed on the industrial bellwether's margins. The machinery maker has a robust $30 billion order backlog, but like other manufacturers it continues to grapple with supply constraints that have boosted raw material and freight costs. The Texas-based company noted that profit was also hit by a $925 million "goodwill impairment" charge and margin-eroding restructuring costs.
Enphase, Dexcom and O'Reilly are some of the worst performing stocks in the growth-stock index this month.
When Google reports fourth-quarter earnings on Feb. 2, YouTube's slowing ad revenue growth is expected to be a weak spot.
NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the three-month period ended November 30, 2022 ("Q2 2023").
These tech giants certainly trade attractively relative to their past but more near-term upside will largely depend upon the guidance and outlook they offer during the quarterly reports.
According to the average brokerage recommendation (ABR), one should invest in Baidu Inc. (BIDU). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?