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Business, Stocks

“Stitch Fix shares are down more than 27%, analyst says apparel retailer has hit a ‘growth wall’”

“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…

Banking, Economy

“Wall Street bankers and traders are in line for the biggest bonus increases since 2009”

“ Wall Street is set to see the biggest bonus increases since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson Associates. Overall bonuses for investment banking underwriters are forecast to jump… Continue Reading…

Stocks

“GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast”

“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…

Stocks

“Wall Street sees as much as 56% upside for its 20 favorite stocks”

“Wall Street’s favorites among the S&P 500 Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority “sell” or equivalent ratings. But the analysts still have clear… Continue Reading…

Stocks

“GE Earnings Were Very, Very Good. What Wall Street Says About Its Stock Now.”

“…The company posted better-than-expected earnings results on Tuesday, but Wall Street appears more excited about the industrial conglomerate’s improving cash flow. In addition to beating estimates, GE (ticker: GE) raised its full-year free-cash-flow guidance for its industrial operations to a midpoint of… Continue Reading…

Stocks

“Want to get in on hot energy stocks? Wall Street favors these 20 picks for gains up to 40%”

“Energy recovery has a long way to go The S&P 500 energy sector SP500.10, 1.09% was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so… Continue Reading…

Stocks

“These energy stocks are expected by Wall Street to rise up to 37% over the next year”

“Expected earnings growth The first shows the 20 largest energy companies in the S&P 1500 by market capitalization, with their consensus earnings estimates among analysts polled by FactSet for calendar 2021 and the following three years, if available. You may… Continue Reading…

Stocks

“3 “Strong Buy” Stocks From the Best Analysts on Wall Street”

“Avalara, Inc. (AVLR)… Of the 11 analysts who have reviewed Avalara in recent weeks, 10 agree with Bracelin that this is a stock to buy, and this breakdown of 10 Buys to 1 Hold gives the company a Strong Buy analyst… Continue Reading…

Economy, Stocks

“Dow jumps more than 400 points as Wall Street extends … rally”

“Stocks jumped on Thursday on hopes the winner of the U.S. presidential election would soon be determined. The Dow Jones Industrial Average traded 423 points, or 1.5%. The S&P 500 climbed 1.6% and the Nasdaq Composite advanced 1.8%. Those gains put… Continue Reading…

Stocks

“Wall Street rebound accelerates as Dow jumps more than 500 points”

“Stocks jumped on Monday, the first trading day of the month, as markets tried to recover from a brutal week and month ahead of the U.S. presidential election. The Dow Jones Industrial Average traded 448 points higher, or 1.7%. The… Continue Reading…