|Day's Range||2,802.60 - 2,806.36|
|52 Week Range||2,257.02 - 2,807.54|
Nearly 95% of top-performing equity mutual funds failed to replicate their success over a two-year period. Over five years, not a single one was able to do so, a new study shows.
The European results season shifts into gear next week with equity valuations at their highest in more than a year and investors betting that the engine of earnings upgrades has plenty more fuel in the tank. Wall Street stocks have been driven to records by President Donald Trump's tax reforms and a weakened dollar. European stocks appear cheaper than U.S. stocks by certain measures.
U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown. ...
Chip-equipment stocks have led the market this week on strong earnings and guidance. Applied Materials, Lam Research, Ichor and Electro Scientific are near buys.
The graph below shows that Walmart’s (WMT) price target is on an uptrend with multiple analysts raising their price target in recent months thanks to the company’s strong sales and improved earnings on the back of stellar e-commerce sales and increased store traffic. Walmart has rolled out several customer-friendly initiatives aimed at saving time and money, which have bolstered the company’s top-line performance and helped its earnings to return to growth. Walmart’s value pricing, fast-delivery for online orders, expansion of online grocery pickup services, supply-chain reinvention, and omnichannel offerings resonate well with customers and solidify its competitive positioning.