Bernstein recently released a selection of stocks that are deemed attractive based on both quantitative and fundamental criteria. This approach combines the strengths of both methodologies to produce better results. The firm’s previous portfolio using this strategy yielded a return of 17.6% over six months, matching the S & P 500’s performance. According to Bernstein
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Goldman Sachs remains bullish on shares of Alphabet and Meta, reiterating their buy rating. The firm has raised their price target on GOOGL to $211 and on META to $522, citing increased estimates and valuation multiples as the driving factors behind their decision. Stifel Initiates RH as Buy Stifel has initiated coverage on the furniture
Paramount Global has reached a significant milestone by agreeing to merge with Skydance, a deal that marks the end of the Redstone family’s control over the legendary movie studio and media company. The merger, which is the result of months of negotiations, will see a buying consortium that includes private equity firms RedBird Capital Partners
The surge in demand for air travel during the summer months has not translated to record profits for U.S. airlines. Despite projecting record demand and potential revenue growth, airlines are facing a disconnect when it comes to their bottom lines. The increased costs associated with labor and other operational expenses have significantly impacted the profitability
Mainland China investors have been closely monitoring the performance of U.S. stocks while expressing disappointment in the lackluster performance of stocks at home. Although there are distinct macroeconomic differences between the two markets, it is worth noting that several Chinese stocks witnessed significant growth in the first half of the year, with some even doubling
Artificial Intelligence (AI) has been a hot topic in the stock market, with leading AI chipmaker Nvidia soaring by nearly 155% this year. While semiconductor stocks and technology giants like Amazon have reaped the benefits of the AI trend, RBC Capital Markets is highlighting some alternative ways to play the theme. RBC Capital Markets views
Investors are currently faced with a challenging market environment that is filled with mixed signals. While recent data suggests a possible economic slowdown, the S&P 500 continues to hit new highs, leaving investors in a state of uncertainty. In such a complex landscape, many investors turn to research from top-rated Wall Street analysts for guidance
Bank of America has highlighted Carnival as one of the stocks poised for upside in the coming months. Analyst Andrew Didora is optimistic about the company’s performance based on its recent earnings. The cruise industry is showing signs of recovery, and Carnival’s management is executing well despite challenges from the Covid-19 pandemic. Didora also points
Michael Saylor, co-founder of MicroStrategy, a business intelligence giant known for accumulating Bitcoin, recently addressed the crypto community with a bullish tweet regarding Bitcoin’s stability. This tweet came amidst a period where Bitcoin experienced significant volatility in the market. During the past 24 hours, Bitcoin saw a recovery of 4.89%, moving away from the $53,900
As investors look ahead to key inflation readings next week, the case for a potential September interest rate cut by the Federal Reserve is gaining traction. The central bank’s latest projections, as reflected in the “dot plot,” show a modest reduction in rates by 2024, with markets currently pricing in two cuts, the first of