Analyst Andrew Wong upgraded shares to outperform from sector perform.
Thursday’s big stock stories: What’s likely to move the market in the next trading session
Stocks closed higher on Wednesday in volatile trading after the Fed called out rising uncertainty and stagflation risk. Here’s what’s on CNBC’s radar Thursday.
Cash still has attractive yields — and it’s been a better portfolio diversifier than bonds, Morningstar finds
Cash assets have had the lowest correlation with stocks in recent years, according to a Morningstar report. Investors can still grab yields of around 4%.
Josh Brown on Google losing its ‘money printing machine’ and why he’s ‘forever’ long Berkshire
Brown talked about names such as Berkshire Hathaway, Disney and Reddit.
McDonald’s is on the verge of a bullish breakout, according to the charts
MCD has formed a potential bullish cup-and-handle.
Disney’s beat-and-raise quarter has analysts upbeat about further gains
The company posted fiscal second-quarter earnings and revenue that exceeded consensus estimates, driven by an unexpected uptick in streaming subscribers.
These stocks’ recent earnings show they can ride out the tariff storm, says Wolfe Research
Specifically, the firm screened for stocks that have surpassed Wall Street estimates on the top and bottom line for two-straight quarters.
Tesla may be forming a double-top pattern. How to trade it from here
Despite strong profitability and growth metrics, TSLA’s sky-high valuation presents substantial downside risk.
Goldman and Bank of America see 30%-plus upside for this under-the-radar AI play
Arista Networks could rally 30% from here as it continues to benefit from rising AI and cloud demand.
Buy this casino stock as it breaks into the Middle East market, Bank of America says
The bank upgraded shares of the casino operator to a buy rating from neutral.