A death cross is a price chart pattern that forms when a stock’s 50-day moving average slips below its 200-day moving average.
Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Apple, Home Depot, Super Micro, Alibaba, American Airlines & more
Here are Wednesday’s biggest calls on Wall Street.
An entire trading ecosystem built around Nvidia alone is poised for a test again
With the possible exception of Tesla, no other stock generates the kind of short-term trading interest Nvidia does.
Citi upgrades this telecom stock poised to rally more than 40%
A number of catalysts may send lagging Lumen Technologies shares higher in the months ahead, according to Citi.
Redburn Atlantic upgrades American Airlines, cites ‘Goldilocks’ moment for industry
An improving U.S. airline industry environment could bolster shares of American Airlines, according to Redburn Atlantic.
Bernstein upgrades Alibaba thanks to AI, calls for shares to rally more than 20%
Optimism around artificial intelligence could mean big gains in Alibaba shares, according to Bernstein.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 tumbled for a fourth consecutive session on Tuesday as investors’ worries about the economy ramped up. Here’s what CNBC is watching Wednesday.
Cash yields more than 4% as markets become rocky. How to get the best use of this asset in your portfolio
Cash instruments can be steady investments with solid income, but investors should be thoughtful about their allocations.
Stick with Home Depot shares after earnings, investor Nancy Tengler says. Here’s why
Home Depot could be positioned to benefit from a “recovering” housing backdrop, according to Nancy Tengler of Laffer Tengler Investments.
More traders turn bullish in first quarter even as market shows signs of fatigue, Schwab survey says
The bulls continue to outnumber the bears among traders 51% to 34% even though two-thirds of respondents said the market is overvalued, said Schwab’s survey.