The financial sector has seen significant growth in recent times, with the S & P 500 financial sector advancing more than 16% this year and nearly 4% over the past month. This outperformance is especially notable as the broader market, represented by the S & P 500 and the Nasdaq Composite, have both seen declines
Investing
After the latest inflation data caused a sell-off in the broad equity markets, one industry group stood out by surging higher – solar stocks. This increase was in reaction to the recent presidential debate, where there was renewed optimism for renewable energy. Specifically, the potential victory of Vice President Kamala Harris in the upcoming election
JPMorgan recently made headlines by predicting that Viking Therapeutics could become a major player in the GLP-1 market. The firm gave the biopharmaceutical company an overweight rating and set a price target of $80 per share, signaling a potential upside of more than 46% from the current stock price. Viking Therapeutics is currently focusing on
Charter schools are becoming an increasingly popular investment option within the municipal bond market, presenting a unique opportunity for investors in search of high-yield returns. According to Nuveen, the demand for charter schools is on the rise, leading to a strong supply of charter school municipal bonds. These bonds offer a tax-equivalent yield of nearly
As the curtain falls on 2024, UBS has spotlighted a selection of tech stocks poised to outperform in the final quarter, particularly in the wake of significant market shifts. Following a dramatic week that saw Nvidia’s market cap shrink by almost $300 billion—the largest one-day drop in U.S. history—the semiconductor industry has been left reeling.
Analyst calls and Wall Street chatter have highlighted the positive outlook for GE Aerospace, with Bernstein initiating coverage on the company with an outperform rating. The firm’s target price of $201 per share suggests a potential 25% upside from the previous day’s closing stock price. Analyst Douglas Harned emphasized the unique growth opportunities available to
The start of September has been quite turbulent for the stock market, especially for companies in the semiconductor space. Nvidia, a leading chipmaker, experienced a significant drop of 9% in its stock price on the first trading day of the month, resulting in the loss of approximately $279 billion in market capitalization. This downturn marked
As September began with a rocky start for the U.S. stock market, investors turned to recommendations from top Wall Street analysts to guide their stock picks. One such recommendation is Planet Fitness (PLNT), a franchisor and operator of over 2,600 fitness centers. Despite the positive reception of the company’s second-quarter results and reiterated full-year guidance,
As the summer holidays draw to a close, investors in China are faced with the harsh reality of a sluggish consumption and growth prospects in the near future. JPMorgan recently downgraded its opinion on Chinese stocks to neutral from overweight citing a challenging outlook. This pessimistic view was further reinforced by Nomura’s demotion of MSCI
The semiconductor industry has faced significant challenges in the past few months, with chip stocks experiencing their worst stretch in over four years. The VanEck Semiconductor ETF (SMH) saw a dramatic 11.7% decline in a Labor Day-shortened, four-day trading week, marking its worst performance since March 2020. This sharp decline is indicative of the volatile