Stocks keep charging to record levels, and they could get another boost if a key group of investors turns more bullish.
Here are Thursday’s biggest analyst calls: Nvidia, Oracle, Tesla, Amazon, Carvana, PNC, Cava, Broadcom, Microsoft & more
Here are Thursday’s biggest calls on Wall Street.
Nvidia can rally nearly 60% as AI infrastructure market swells, says Cantor Fitzgerald
The bank pointed to Nvidia’s new partnership with OpenAI as a catalyst for the graphics processing unit maker.
This regional bank is a buy ahead of earnings next week, says Piper Sandler
Piper Sandler pointed to PNC’s lackluster performance this year as a catalyst for investors.
Buy Oracle as it continues to benefit from AI craze, says Baird
The investment firm initiated coverage of the tech giant with an outperform rating.
Stock market’s ‘sugar rush’ makes for a good time to purchase protective puts, Jeff Kilburg says
KKM Financial CEO Jeff Kilburg said the stock market’s latest record rally marks a good time for investors to turn to options to protect their portfolios in case of a downturn.
Santoli’s Wednesday market wrap-up: The usual flag carriers of the AI boom push S&P 500 to new highs
While stocks tied to the AI buildout are booming, those closer to the here-and-now consumer remain sluggish.
These beaten-down stocks may have further to fall as investors sell to save on taxes, says Morgan Stanley
With the end of the year approaching, investors are assessing their winners and losers, and may sell some of those beaten-down names to save on taxes.
JPMorgan’s top short ideas into year-end include a popular restaurant stock and once-hot chipmaker
JPMorgan pointed to Shake Shack, Southwest Airlines and Skyworks Solutions as some of the best stocks to target for short sellers.
Consumer stocks are underperforming. This one looks like it’s ready to bounce
Frank Cappelleri looks at the charts of this consumer giant.