Wedbush analyst Daniel Ives said in a note that Microsoft Corporation’s “underlying growth story is built around the game-changing enterprise cloud transformation.” The Microsoft Analyst Ives has an “outperform” rating on the Satya Nadella-led company with a 12-month price target of $375. The Microsoft Thesis Writing ahead of Microsoft’s second-quarter earnings due Tuesday, Ives said—based…
Why This Popular Analyst Believes Microsoft Will Announce Another ‘Robust’ Quarterly Earnings on Tuesday
‘Winter Is Here for Stocks’: Why This Analyst Recommends Defensives
Equity markets are going through a lean patch as investors shun risky bets amid the prospect of Fed tightening. An analyst at Morgan Stanley cautions that the downturn may have further legs and recommends investing in defensives. Attention Turning to Slowing Growth With the Fed’s pivot now well understood, investor attention now turns to growth,…
Russian Stocks Tumble on Fears of Ukraine Invasion, Sanctions Against Moscow
Russian stocks tumbled on Monday and the country’s currency sank against the dollar to its lowest level in 14 months as mounting tensions over a possible Russian invasion of Ukraine sparked investor fears of sanctions against Moscow. The risk-off sentiment initially pushed the MOEX Russia Index down over 7 percent intraday on Monday, with a…
B. Riley Bumps Up Infinera Price Target by 15 Percent; Turns Bullish
B. Riley analyst Dave Kang upgraded Infinera Corp. to Buy from Neutral with a price target of $11.50, up from $10, implying an upside of 44.65 percent. The analyst believes the value of the company’s digital signal processing technology is “significantly underappreciated” at current share levels. As one of two providers of 800G products, the ramp of 800G…
Citi Upgrades Arista Networks to Buy; Sees Sharp Upside
Citi analyst Jim Suva upgraded Arista Networks Inc., noting that the recent sell-off has provided a good buying opportunity for investors. Suva raised his rating to Buy from Neutral and reiterated the $150 price target, suggesting an upside of 26.44 percent. Suva noted that the 17 percent decline year-to-date occurred, although Arista’s fundamentals are “strong,” as capital expenditure spending…
UBS Turns Bullish on Fox; Sees 33 Percent Upside
UBS analyst John Hodulik upgraded Fox Corp. to Buy from Neutral with a price target of $50, up from $42, suggesting an upside of 32.66 percent. The analyst sees the company as better positioned given its sports betting optionality, measured DTC spend, and leadership within the legacy Pay TV bundle with its sports and news focus. Hodulik adds…
Utah, Nebraska, South Carolina Communities Top List of Best Markets for First-Time Homebuyers
January 23, 2022
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Business & EconomyhomebuyersInvestmentNebraskapersonal financereal estateSouth CarolinaUSUS NewsUS Real EstateUtah
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What do Magna, Utah, Mauldin, South Carolina, and Cottage Grove, Wisconsin have in common? All three of these unassuming communities are listed on Realtor.com’s first annual “Top 10 Best Markets for First-Time Homebuyers Report.” Magna, a Salt Lake City suburb with a population of 26,500 (2010 Census) actually snagged the number one spot on the…
This Chicken Wing Stock Has a Better 5-year Return Than Disney, Netflix, Ford, and Amazon
Since 1994, Wingstop Inc. has been home to made-to-crave wings and hand-cut seasoned fries, and over the past five years, mouthwatering returns for investors. Since January 2016, Wingstop stock’s five-year return has outperformed several of the world’s most popular entertainment, automotive, and tech stocks: Walt Disney Co., Netflix Inc., Ford Motor Company, and Amazon.com Inc. Wingstop is a…
Two Technical Indicators That Show the Stock Market Could Be in Store for More Pain
The stock market is off to a shaky start in 2022, a sell-off that accelerated over the past trading week. The Nasdaq composite, which tracks some of the largest technology companies in the world, is down nearly 12 percent year-to-date. Even more worrisome are daunting technical indicators that point to more pain coming. Helene Meisler,…
This Oil Stock Has a Better 1-year Return Than Apple, Microsoft, AMD, and Nvidia
Marathon Oil Corporation is a global leader in oil production and in the past year, a big winner for bullish traders and investors. Since January 2021, Marathon Oil stock’s one-year return has outperformed several of the world’s most popular tech and semiconductor stocks: Apple Inc., Microsoft Corporation, Advanced Micro Devices Inc., and NVIDIA Corporation. Marathon Oil…
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