Microsoft CEO Satya Narayana Nadella. Tobias Schwarz | AFP | Getty Images Growth in Microsoft’s cloud computing segment could fuel a big run for the software giant in 2020, according to Bank of America. Analysts at the bank named Microsoft one of its top software picks for 2020, raising the price target on the stock
It may or may not be the remnants of a Christmas miracle or a Santa Claus rally, but stocks rallied again Thursday with leadership from technology as the Nasdaq Composite extends its winning streak to 11 days with several of the marquee tech names in the Dow Jones Industrial Average closing higher. Source: Courtesy of
An Amazon Prime package Andrew Harrer | Bloomberg | Contributor Check out the companies making headlines in midday trading: Amazon — Shares of Amazon jumped over 3%, leading the gains in the S&P 500, after the e-commerce giant said this was its best holiday shopping season ever this year. Amazon said in a statement that
Let’s be clear upfront: Amazon (NASDAQ:AMZN) hasn’t had a bad 2019. After all, its stock is up 21.3% so far on the year and nearly 30% over the past 12 months. However, that lags all of its mega-cap tech peers, as well as the SPDR S&P 500 ETF (NYSEARCA:SPY) and the PowerShares QQQ ETF (NASDAQ:QQQ),
Oil giant BP (NYSE:BP) is trading at exactly the same levels from a year ago. During this period, the S&P 500 has moved higher by 30%. Clearly, BP stock has been an underperformer and economic headwinds are the key reason. Source: TK Kurikawa / Shutterstock.com However, this does not make BP uninteresting. With an annual
It could be the start of something big in 2020 for Nokia (NYSE:NOK), but is it worth buying into today? Let’s take a look at a couple of catalysts off and on the Nokia stock price chart to secure a stronger risk-adjusted outcome for investors. Source: RistoH / Shutterstock.com The anxiously-awaited roll-out of the 5G
Donald Trump Carlo Allegri | Reuters President Donald Trump’s stock market stacks up well against the majority of his presidential predecessors. The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into their term, according to data from Bespoke Investment Group
U.S. stock futures are headed for a green open to kick off the post-Christmas festivities. Elsewhere, precious metals like gold and silver are beginning to percolate, rising 0.5% and 1.3%, respectively. Source: Shutterstock On the equity side, futures on the Dow Jones Industrial Average are up 0.11% and S&P 500 futures are higher by 0.16%.
Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters What a decade it has been. The year 2010 began with fear that the financial crisis might continue for years. The year 2019 has ended with a 10-year stock market rally. Along the way, one factor has
There will be no spoilers in this article. Disney (NYSE:DIS) just released yet another blockbuster movie in 2019. The last chapter of the Star Wars franchise, “Star Wars: The Rise of Skywalker,” opened in theaters on Dec. 19. Source: Gary Watts / Shutterstock.com Love it or hate it, the movie is sure to draw large crowds.
Shanghai-based Nio (NYSE:NIO) is expected to report its third-quarter earnings on Dec 30. The company announced the date after a recent rally by Nio stock and weeks of delay and speculation as to what may be happening with the company behind the scenes. Source: xiaorui / Shutterstock.com U.S.-based, publicly traded companies are required to file their
Ethan Brown, founder and chief executive officer of Beyond Meat Inc., center, rings the opening bell during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, May 2, 2019. Beyond Meat’s successful initial public offering at $25 a share, the top end of its increased range, shows appetite
With only a couple of weeks left in 2019, many people are starting to look ahead and think about what companies are worth investing in during 2020. Amazon (NASDAQ:AMZN) lagged more than usual this year, but that more likely has to do with the atmosphere than the company’s fundamentals. Source: Jonathan Weiss / Shutterstock.com Besides
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images In the midst of a fourth-quarter surge that launched Tesla’s stock past CEO Elon Musk’s $420 per share takeout value, Morgan Stanley reiterated its $250 price target
Barring any unusually negative events, the major U.S.-based indices like the Dow Jones or the S&P 500 will likely close at or near record highs. Based on the robust momentum that American blue chips have demonstrated, the temptation is to stay the course. However, compelling arguments exist to consider shifting your portfolio toward international stocks.
Brian Hamilton gives us two growth and income stocks for 2018. Triton International: https://www.zacks.com/stock/quote/TRTN?cid=CS-YOUTUBE-FT-VID KLA Tencor: https://www.zacks.com/stock/quote/KLAC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, April 17, 2013. U.S. stocks sank, erasing yesterday’s rally, amid losses in industrial metals and disappointing results from Bank of America Corp. Scott Eells | Bloomberg | Getty Images By one measure, the shift to passive investing
Growth stocks have led the rally in U.S. stocks, a rally that now has lasted for over a decade. At the moment, it doesn’t seem like that will change. Source: Shutterstock After all, all three broad market indices closed Friday at all-time highs. Growth stocks did sell off earlier this year, with names like Shopify
A banner announcing the IPO of Uber Technologies hangs outside the New York Stock Exchange, May 10, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading: Uber — Shares of Uber dipped nearly 1% after the ride-sharing company said Travis Kalanick, its former CEO, will step down from the company’s
The good news is that Netflix (NASDAQ:NFLX) stock dug itself out of a hole, as it recently rallied sharply to catch up with the S&P 500 this year. Back in September, though, it was a different story. There were very few fans of Netflix stock as it was falling into an abyss, and the stock