With the Nasdaq composite, S&P 500 index and Dow Jones industrial average seemingly rangebound, Apple stock leads five top tech companies that are trading at or near buy points. FANG stocks Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google parent Alphabet (GOOGL) join the list along with Apple (AAPL). FANG Stocks Plus Apple Stand Out […]
A holiday-shortened week lies ahead in which the indices are likely to move slightly higher. The S&P was flat last week as expected. Here are three stocks to trade in this week: Liberty Global, Micron and Facebook. Liberty Global provides video, broadband internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses […]
Major indexes moved little and the Dow Jones industrial average slumped 0.5% in late-afternoon trade Tuesday. But at least four stocks with solid fundamentals continued to work on new bases and may set up as new leaders among stocks today. Semiconductor firms, meanwhile, paced the upside. So did steel stocks amid news that the White […]
The U.S. dollar’s rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years. Oppenheimer’s Ari Wald says this setup is bullish for the broader market. “When the value of the dollar rises, it typically costs less to buy […]
Just how contrarian are you? How to know when the onrushing herd has it right? When following Warren Buffett’s credo to be greedy when others are fearful, where’s the line between brave and foolhardy? These are the self-directed questions of an investor today mulling Wall Street’s most-hated trade: owning the classic American consumer-staples stocks. Exactly […]
On tepid trading sessions that come after big market surges, CNBC’s Jim Cramer likes to search for under-performing stocks of companies that still have strong underlying businesses. “Most people prefer to chase what’s hot in the hope that they can get in on the next big thing, not before it’s happened, but while it’s happening,” […]
Chip-maker stocks traded higher Monday after Micron Technology Inc. raised its outlook for the quarter and broader markets rose on an apparent easing of trade tensions with China. The PHLX Semiconductor Index SOX, +1.05% advanced 1.1% Monday compared with a 0.7% gain in the S&P 500 index SPX, +0.74% and a 0.5% gain for the […]
Treasury Secretary Steven Mnuchin told CNBC on Monday that he would be willing to bet that gross domestic product can sustain at least 3 percent growth later this year. “That’s really been the focus. That’s what everyone should be focused on. That’s our scorecard,” he said in a “Squawk Box” interview. “We are well on […]
U.K. stocks rose sharply on Monday, scoring a record close, as traders welcomed news over the weekend that China and the U.S. reached an agreement that eases trade tensions between the world’s two largest economies. That optimism also sparked a rally in the dollar, which in turn pulled the pound lower, with weakness in sterling […]
The trade spat between the United States and China is “on hold,” according to Treasury Secretary Steven Mnuchin. But investors weren’t on hold Monday. They were buying like there was no tomorrow. The Dow surged more than 350 points in late morning trading, a gain of 1.5%. Nearly all 30 Dow stocks were up, and […]
First-quarter earnings season still has the potential to steer indexes in one direction or the other, with retailers holding the spotlight over the next few trading days. Lowe’s (NYSE:LOW), Target (NYSE:TGT), and Best Buy (NYSE:BBY) are each set to report their latest results this week. Here’s what investors can expect from these announcements. Lowe’s seasonal […]
In some dividend investors’ minds, there’s no such thing as too much dividend income. Yet often, stocks that carry extremely high dividend yields end up being riskier than many shareholders appreciate, and that can lead to a lot of pain if a company has to cut its dividend in the future. Rather than looking for […]
