Wall Street analysts say these stock are just too cheap to ignore

March 13, 2021adminLeave a Comment

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images There’s no shortage of high quality cheap stocks as rising interest rates stoke market volatility, Wall Street analysts […]

Bank of America believes this is the big turning point for inflation and rates. How to play it

March 11, 2021adminLeave a Comment

Traders work on the floor of the New York Stock Exchange. NYSE After four decades, a sea change for inflation and interest rates is finally upon us as the economy reopens from the pandemic amid unprecedented monetary and fiscal stimulus, according to Bank of America’s Chief Investment Strategist Michael Hartnett. And the bank believes certain […]

Stocks making the biggest moves in the premarket: IMAX, CoreLogic, CoStar Group & more

March 5, 2021adminLeave a Comment

Take a look at some of the biggest movers in the premarket: IMAX (IMAX) – IMAX lost 21 cents per share, one cent a share more than analysts had anticipated. The movie theater operator’s revenue came in above Wall Street estimates. Sales were helped by stronger performances in Asian markets, and the company is anticipating […]

Stock futures little changed after major averages dip amid rising bond yields

March 3, 2021adminLeave a Comment

U.S. stock index futures were little changed during overnight trading on Wednesday, after stocks finished the session in the red across the board. Futures contracts tied to the Dow Jones Industrial Average slid 4 points. S&P 500 futures and Nasdaq 100 futures declined 0.05% and 0.01%, respectively. Stocks posted heavy losses during regular trading as […]

Rising interest rates may continue to test the stock market in the week ahead

February 26, 2021adminLeave a Comment

Traders on the floor of the New York Stock Exchange Source: The New York Stock Exchange The tug-of-war between stocks and rising bond yields could set the tone for the coming week, particularly if positive economic data continues to push Treasury yields higher. Friday’s February employment report is the highlight of the week’s data and […]

Here’s what investors should know about rocket builder Astra as it prepares to go public

February 23, 2021adminLeave a Comment

Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion. […]