The firm also reiterated his buy rating.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks slid on Tuesday, with the Dow dropping nearly 300 points, as the Israel-Iran conflict escalated. Here’s what’s on CNBC’s radar going into Wednesday.
Vanguard’s newest ETF will search for yield in a riskier part of the bond market
The Vanguard Multi-Sector Income Bond ETF (VGMS) launched last week and can put more than half of its portfolio in below investment grade credit.
The tech-heavy ‘QQQ’ is near a new record. Here are the stocks that analysts see taking it over the top
While a small group of stocks have largely boosted the QQQ this year, analysts predict a more varied slate of winners going forward.
Josh Brown says AI story and US consumer are the only two things that matter to the markets
“The consumer is fine and the ‘Mag 7’ AI theme is intact. … That would be enough to understand why we’re on the verge of a new record high,” Brown said.
How to trade the S&P 500’s march to record highs using options as volatility remains elevated
Equity bears are growling, and bulls are sharpening their horns.
Investor Steve Eisman says we are headed for a global recession if Trump’s tariffs spark a trade war
The former Neuberger Berman senior portfolio manager said it’s extremely hard to predict how these high-stakes trade negotiations would unfold.
Truist says this internet retailer’s revenue is tracking above expectations so investors should buy the dip
Truist Securities pointed to rising revenue and monthly active users as catalysts that could boost Etsy shares 11% higher.
Investors are buying defense stocks as Middle East conflict worsens
Frank Holland breaks down what traders are watching ahead of the new session.
UBS says one retail stock may benefit from China tariffs and could rise as much as 80% as a result
Shares have pulled back about 4% in 2025.