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Stocks

“This Tech Stock Just Raised Its Dividend by 35%, and Analysts Are Raising Their Price Targets”

“Following its Capital Markets Day on Wednesday, T-Mobile (NASDAQ: TMUS) announced a whopping 35% increase to its dividend. T-Mobile just introduced a dividend to shareholders last year for the first time… In the wake of Analyst Day, analysts at Evercore raised their price… Continue Reading…

Stocks

“Billionaires Are Selling Nvidia Stock and Buying an Index Fund That Could Soar 43%, According to a Wall Street Analyst”

“…The hedge fund managers listed below (all of whom are billionaires) sold Nvidia stock in the second quarter while buying shares of the iShares Russell 2000 ETF (NYSEMKT: IWM), an index fund that tracks the small-cap Russell 2000… …Ken Griffin and David Shaw… Continue Reading…

Business

“Analyst resets McDonald’s price target as stock hits 52-week low” [Tue, Jul 9, 2024]

“…Analysts at Bank of America Securities noted in their July 8 restaurant report that fast food “value wars” remain topical. The investment firm noted that in mid-May McDonald’s said it planned to launch a $5 value meal, beginning June 25 for… Continue Reading…

Stocks

“3 “Magnificent Seven” Stocks That Can Plunge Up to 86%, According to Select Wall Street Analysts”

“Meta Platforms: Implied downside of 24%… Nvidia: Implied downside of 31%… Tesla: Implied downside of 86%…” https://finance.yahoo.com/news/3-magnificent-seven-stocks-plunge-090600935.html This is not hard to predict. When the market crashes tech stocks will take a major hit. Personally I don’t like either Meta… Continue Reading…

Stocks

“This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher”

“…The average Wall Street consensus price target for SoFi stock is a more modest 29%, but John Hecht at Jefferies has a price target of $12 — 72% higher than today’s price. That was actually a price cut from $15. As… Continue Reading…

Stocks

“Rivian Stock Has 98% Upside, According to 1 Wall Street Analyst”

“…Inflation or no inflation, and rate cuts or no interest rate cuts … Rivian’s stock price will more than double, and hit $21 a share within a year, according to BofA analysts… …Rivian stock closed just shy of $11 a share Tuesday… Continue Reading…

Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

Stocks

“1 Vanguard Index Fund to Buy Before It Soars 50%, According to a Wall Street Analyst”

“…Lee recently told CNBC that the small-cap Russell 2000 could soar 50% this year. That implies identical upside in the Vanguard Russell 2000 ETF (NASDAQ: VTWO). What makes that forecast particularly intriguing is that some Wall Street analysts see substantial downside in the large-cap… Continue Reading…

Stocks

“1 Wall Street Analyst Just Cut Its Nio Price Target by 27%. Is It a Sell?”

“Investment bank Bernstein has never been a huge fan of Chinese electric car company Nio (NYSE: NIO). Bernstein’s latest move on the EV stock, however, looks downright pessimistic…” https://finance.yahoo.com/news/1-wall-street-analyst-just-110400906.html The Chinese economy and stock market is in shambles. They’re in a crisis right… Continue Reading…

Economy, Stocks

“S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg”

“…Stocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned… Berg was likely nodding to John Hussman, who’s flagged the risk of a 63% plunge in the S&P 500,… Continue Reading…