Despite being sold off earlier this year, Jefferies remains optimistic about SQM’s prospects in the commodities market. Analyst Alejandro Demichelis has upgraded U.S. shares of the Latin American lithium producer to buy from hold. He has also raised the price target by $10.80 to $62.80, indicating a potential upside of 31.9%. This upgrade is based
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The recent surge in copper prices has caught the attention of investors and analysts alike. With the futures contract for May delivery of copper reaching its highest level since January 2023, touching $4.2565 on Thursday, many are looking for opportunities to capitalize on this trend. According to Chris Verrone, head of Strategas’ technical strategy and
Amidst a stock market rally showing signs of strain, commodity funds have started gaining momentum. The recent performance of major commodity funds such as SPDR GLD Shares ETF, iShares Silver Trust, and United States Oil Fund LP has caught the attention of investors. These gains, coupled with surges in under-the-radar agricultural commodities like cocoa, have
Twilio, a software and communications solutions company, has been making waves in the industry with its cloud communications platform. Despite its impressive stock market value of $10.94B and a solid position in the market, the company has been struggling to achieve profitability. In this critical analysis, we will delve into the challenges and opportunities facing
The latest trends in the bond market have painted a picture of surprising economic growth and inflation, leading to spikes in bond yields. BlackRock’s iShares strategy team advises investors to seize the opportunity presented by these spikes and reinvest their cash wisely. While the 10-year Treasury yield reached a new high for the year, the
As the Federal Reserve’s rate-hiking campaign initiated back in March 2022 has led to a significant increase in yields on short-term certificates of deposit (CDs), investors now find themselves facing a dilemma when it comes to deciding what to do with their maturing CDs. The average online CD annual percentage yield has risen from 0.64%
Investors may be underestimating the challenges of bringing inflation down, according to hedge fund manager David Einhorn. During the Sohn Investment Conference in New York, Einhorn expressed his skepticism about the Federal Reserve’s ability to curb inflation with interest rate cuts. He believes that fewer than three rate cuts will occur this year, and there
In the midst of market unease and uncertainty, investors are faced with the challenge of making sound investment decisions. Piper Sandler, a reputable investment firm, suggests that now might be the ideal time to shift focus towards quality stocks. The firm emphasizes the importance of prioritizing companies with strong fundamentals at a reasonable price, rather
The recent sell-off in the market on Tuesday has caught the attention of investors, raising concerns about the possibility of a larger downtrend. After a strong first quarter where the benchmark S&P 500 reached record highs, the sudden slide of more than 1% in all major indexes has left traders wondering about the future direction
The recent setback in the stock market during the 2024 rally has caused concern among investors as major averages took a tumble. However, there are strategies available that offer portfolio protection and income to help mitigate the impact of such downturns. One of the strategies recommended by financial planners is the use of trailing stop