This month’s market plunge appears to have done little to curb the retail appetite for stocks.
Here are Thursday’s biggest analyst calls: Apple, Dell, Amazon, Broadcom, CrowdStrike, PNC, & more
Here are the biggest calls on Wall Street on Thursday.
Starboard Value boosts Salesforce position, cuts stake in this online web services stock
Starboard Value increased its holding in software provider Salesforce and trimmed a stake in web services company GoDaddy, according to a regulatory filing.
Third Point’s Dan Loeb took big stake in Apple last quarter, Amazon remained his biggest holding
The hedge fund unveiled a $411 million position in the iPhone maker in the second quarter.
David Tepper’s Appaloosa cut major Nvidia stake during the second quarter, trimmed other megacap tech positions
David Tepper’s Appaloosa slashed its position in the leading AI chipmaker Nvidia in the most recent quarter.
Bill Ackman’s Pershing Square jumped back into Nike during second quarter
The hedge fund also trimmed positions in Alphabet and Chipotle Mexican Grill.
Warren Buffett’s Berkshire Hathaway builds new stakes in Ulta Beauty, Heico
Warren Buffett’s holding company took small stakes in beauty retailer Ulta Beauty as well as electronics and aerospace firm Heico last quarter.
A better way to bet on the stock market right now, according to Bank of America
Savita Subramanian, the firm’s head of U.S. equity and quantitative strategy, says valuations for the S&P 500 Equal Weight Index are compelling.
Michael Burry of ‘The Big Short’ fame made Chinese internet companies his top bets last quarter
Michael Burry, known for calling the subprime mortgage crisis, completely revamped his portfolio last quarter.
These high dividend yields may be too good to be true
Some stocks with high dividend yields may be unable to sustain them, says Piper Sandler.