The Fundstrat managing partner and head of research said that there’s enough cash on the sidelines that public markets can absorb the Elon Musk company’s debut.
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SpaceX top? Major IPOs don’t typically flag a bull market peak, history shows
Historical data suggest that major IPOs don’t usually flag a bull market peak in the year that follows.
Pharma stocks are showing strength. Charts predict this name could break out next
Pharmaceutical stocks have recently separated themselves from the broader market, and the group has become a source of leadership within healthcare.
Chip rebound sparks hedging flurry from traders
Despite the overall bearish sentiment on the cohort, traders put a few bullish bets on potential semiconductor winners.
Veteran trader Jay Woods has a warning for investors looking to play the SpaceX IPO
The chief market strategist at Freedom Capital Markets is looking at the rocket company’s debut with caution.
Chip rebound has one trader buying protection
Chip stocks are bounding back Monday, but the rebound doesn’t mean tech investors are in the clear, according to Mike Khouw.
Two Josh Brown stocks bucking the real estate headwinds: The new data center landlord and a mall owner
Josh and Sean break down Prologis and Simon Property group, which have been holding their trends despite rising rates threatening the REIT sector.
JPMorgan sees shares of the Wrangler jeans maker gaining nearly 30%
The bank says the company’s narrower portfolio, after it sold its other denim vertical Lee, creates an opportunity for growth.
Citi hikes S&P 500 target to 8,100 because of AI-driven earnings strength
The bank says a banner first quarter earnings season portends well for the rest of the year, and will push the broad index higher.
Bank of America hikes Sandisk price target to $2,100. Here’s why
The bank thinks the memory giant has more room to run thanks to agreements with customers and lingering shortages due to the AI buildout.