Category: stock

This EV Stock Has a Better 6-month Return Than Tesla, Ford, Nvidia, and Apple

Lucid Group Inc. aims to create sustainable mobility without compromise, and recent traders and investors in the luxury EV-maker have been rewarded handsomely. Since July 2021, Lucid stock’s six-month return has outperformed several of the world’s most popular EV and tech stocks: Tesla Inc, Ford Motor Company, NVIDIA Corporation, and Apple Inc. Lucid is a technology and automotive firm…


Is It Time To Sell Apple After Stock Pulls Back From All-Time Highs?

Apple Inc. briefly traded at all-time highs to start the year before pulling back with the overall markets. Having bounced off the lows over the past two days, is it time to head for the exits? A lot of growth and technology stocks are still trading “at valuations that don’t make sense for their growth prospects,” Gilman…


Stock Wars: Coca-Cola vs. PepsiCo

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two powerhouse rivals in the beverage space: Coca-Cola Co and PepsiCo, Inc.  The Case For Coca-Cola This company traces its roots to John Stith Pemberton, a…


JPMorgan Tells Investors Not to Fear a 20% Stock Market Correction

Commentary This Monday’s rally amounted to the 69th time the index has hit a new record high this year. The rise has been unbelievable, with the S&P closing on the upside nearly 30% of trading days. The S&P is up year to date 24%, Dow Jones up 19%, and NASDAQ up 19% as of the…


Bernstein Upgrades Dell Technologies on Earnings Potential: What’s Next?

Dell Technologies Inc. seems poised for sustainable revenue growth of 2 percent to 4 percent and earnings growth of mid-to-high single digits, both of which are higher than Hewlett Packard Enterprise Co. and HP Inc., which trade similar multiples, according to Bernstein. The Dell Technologies Analyst Toni Sacconaghi upgraded the rating for Dell Technologies from Market…


These Were the 10 Worst Performing Large-Cap Stocks in 2021

This story originally appeared on ValueWalk Large-cap stocks refer to companies with a market capitalization of more than $10 billion. Such stocks are considered as stalwarts or blue chips of the stock market. Also, these companies are mostly stable and dominate their industry, and this makes them a good investment option. However, as always, there…


‘Mergers and Split-Ups and Sales, Oh My!’

Commentary The Fed’s excess liquidity has goosed up stock prices to record highs. But now, as the Fed looks to normalize rates, executives and corporate boards will need to find other means to maintain, and even enhance, their companies’ stock prices. That can sometimes be done by “re-engineering” the parts of their businesses instead of…


Analyst Raises Tesla, GM, Ford Price Targets, Names Top 2022 Auto Stock Picks

The auto industry has been one of the most lucrative and controversial sectors in the stock market in recent years. On Thursday, one analyst adjusted price targets for several automaker stocks and named his top five auto stock picks for 2022. The Analyst Bank of America analyst John Murphy made the following automaker price target…


BofA Turns Bullish on TaskUs, Sees Sharp Upside

Bank of America analyst Jason Kupferberg upgraded TaskUs Inc. to Buy from Neutral with an unchanged $71 price target, implying an upside of 49 percent. Kupferberg noted that the stock had lagged S&P 500 performance by 5,000 basis points and comps by 3,800 basis points since touching highs on September 23 following its June IPO, driven by a…


Jefferies Bumps Up Price Target on This Tech Giant by 7%; Remains Bullish

Jefferies analyst Brent Thill raised the price target on Microsoft Corp. to $400 from $375 and kept a Buy rating on the shares. The price target implies a 26.7 percent upside. Despite a “massive 39 percent outperformance” versus the iShares Expanded Tech-Software Sector ETF in 2021 from Microsoft, he continues to see the potential in the stock as valuation…