Target’s combination of reasonable valuation, improving relative strength and a credible margin recovery story give it an attractive bullish setup.
Broadcom lands big chip deal with Meta. What it means for the stock
The chipmaker’s announcement solidifies its leadership position with its XPU platform, analysts said, though some disagreed on how new details of the deal were.
Mike Mayo says Citi remains his top pick, sees restructuring driving stock higher
Wells Fargo analyst Mike Mayo is bullish on Citi after the bank demonstrated strong top-line growth in its earnings report this week.
Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Tesla, Marvell, Affirm, Broadcom, Meta & more
Here are Wednesday’s biggest calls on Wall Street.
This semiconductor stock is due for more upside amid AI boom, Oppenheimer says
The investment firm has an outperform rating on the semiconductor name.
Power Insider: The markets are obsessed with the Strait of Hormuz. Why it matters less than you think
Retail and pro traders are obsessed with gauging the traffic in the Strait of Hormuz, thinking they can gain an edge on where oil prices are going. They can’t.
This cloud stock is cheap and will be an AI winner, says Piper Sandler
The investment firm upgraded cloud name to overweight from neutral.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The major averages posted back-to-back gains on Tuesday, and the S&P 500 neared its all-time high. Traders remained hopeful for a resolution in the Middle East.
This portfolio allocation is outperforming the 60/40, says Morningstar
Morningstar’s diversified portfolio, made up of 11 asset classes, beat a “plain vanilla” 60/40 allocation by the widest margin since 2009.
Chips are emerging as market leaders once again. Where the charts signal they are going
Todd Gordon takes a look at semiconductors.