Category: Ideas

A large drop in the market on Monday sparked fears of a recession. While the stock market has recovered in the days since, investors are factoring concerns of a recession and high valuations for stocks including the Magnificent 7 members. What Happened: The SPDR S&P 500 ETF Trust (NYSE:SPY), which follows the S&P 500 Index,…

Taking advantage of today’s market meltdown to bet on a couple of oversold, undervalued names. In last night’s Top Names post, I mentioned a game plan for this market: We’ve had some market headwinds this week, which seem to be partly due to economic weakness, and partly due to concerns about the election. A game plan for…

Apple Inc. (NASDAQ:AAPL) continues to set itself apart as a leader in innovation and growth potential, particularly in the realm of artificial intelligence. JPMorgan analyst Samik Chatterjee is bullish on the tech giant, reiterating an Overweight rating following Apple’s third-quarter fiscal year 2024 results. “A non-eventful quarter with Apple beating estimates across the board is…

Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the race for the White House. As California attorney general, Harris filed lawsuits against fossil fuel companies, supported reducing greenhouse gas emissions, and…

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our…

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort…

A new media rights deal for the National Basketball Association (NBA) is nearing the finish line and could be a slam dunk for fans and the new partners. Here’s a look at the latest. What Happened: A new NBA deal is expected to be 11 years in length and total $76 billion from three partners,…

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders…

Roth MKM tapped a 20-year e-commerce expert for insights into Amazon.com Inc’s (NASDAQ:AMZN) growth trajectory ahead of the company’s 10th Prime Day event, July 16 and 17. The result: upside is expected in the second quarter. What To Know: Moth MKM analyst Rohit Kulkarni detailed several takeaways from a recent conversation with an experienced e-commerce…

As of July 3, 2024, three stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices…