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Stocks

“Bank of America Predicts up to ~200% Surge for These 2 ‘Strong Buy’ Stocks”

“Sutro Biopharma (STRO)… “We think that luvelta has the potential to treat up to 80% of PROC patients, a significant improvement over the ~30% eligible for AbbVie’s Elahere (approved FolRα ADC)… Overall, the Strong Buy consensus rating on STRO is based… Continue Reading…

Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

Stocks

“J.P. Morgan Predicts up to 140% Rally for These 2 ‘Strong Buy’ Stocks”

“…Next up is the online insurance marketplace EverQuote. This company operates a platform that connects insurance buyers with insurance agents and covers multiple aspects of the industry… As more and more consumers, across the economy generally, turn to online and… Continue Reading…

Economy

“Consumer spending growth will slow in 2024, economist predicts — it’s ‘not necessarily sustainable’”

“…Recent reports already show signs of strain. In the last year, credit card debt spiked to a record high, surpassing $1.08 trillion, according to the latest quarterly report from the Federal Reserve Bank of New York. Now, more cardholders are carrying debt from month to… Continue Reading…

Stocks

“J.P. Morgan Predicts 30%-Plus Rally for These 2 Stocks”

“ContextLogic (WISH)… Wall Street is quite positive on this ‘Moderate Buy’ stock: WISH has received 8 ‘buy’ and 4 ‘hold’ ratings in the last three months. Running the numbers across the Street, the 12-month average price target lands at $26, representing… Continue Reading…

Stocks

“Shell Stock Could Soar 68%, Analyst Predicts”

“Shell (ticker: RDS.B) stock is down 42% this year, worse than the Energy Select Sector SPD exchange-traded fund (XLE), which is off by 33%. But MKM Partners analyst John Gerdes says Shell shares could rebound by 68% as the company gets leaner… Continue Reading…

Stocks

“Canaccord Predicts Over 100% Rally for These 3 “Strong Buy” Stocks”

“Zynerba Pharmaceuticals (ZYNE)… Turning to the rest of the Street, the bulls have it on this one. With 3 Buys and a lone Hold, the word on the Street is that ZYNE is a Strong Buy. At $13, the average… Continue Reading…

Stocks

“Raymond James Predicts Over 100% Rally for These 3 Stocks”

“Mesa Air Group (MESA)… Turning now to the rest of the Street, 3 Buys and no Holds or Sells have been published in the last three months. Therefore, MESA has a Strong Buy consensus rating. With the average price target… Continue Reading…

Economy

“Holiday crowds at the mall will be smaller this year: ShopperTrak predicts as much as 25% drop in shoppers”

“Black Friday might be losing its clout. But it is still expected to be the busiest day in stores during the 2020 holiday shopping season, according to a new report… Traffic in retail stores is expected to be down 22% to… Continue Reading…

Banking, Economy

“Billionaire investor Jeffrey Gundlach predicts gold prices will ‘go much higher’ in the long-term”

“Billionaire bond investor Jeffrey Gundlach believes that gold (GC=F) prices will go higher in the long-term, but warns of a short-term reversal… On prior webcasts, Gundlach has talked favorably about the long-term prospects of the precious metal, saying in early… Continue Reading…