As the second-quarter earnings season kicks off, Evercore ISI’s Mark Mahaney has revised his list of tactical calls for the large-cap internet sector. Despite the impressive 34% rally in the broader technology sector in 2024, Mahaney remains optimistic about the large-cap internet sector for the remainder of the year. He believes that while the opportunity
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As we enter the heart of second-quarter earnings season, all eyes are on streaming giant Netflix. After a remarkable 35% surge in stock value in 2024, investors are eagerly anticipating the company’s second-quarter results. With an implied postearnings move of 7.4%, expectations are high following last quarter’s standout performance. Another stock that is expected to
Goldman Sachs, one of the biggest U.S. banks, is scheduled to report its earnings before the bell this week. Analysts expect the earnings per share to have more than doubled from the year-earlier period. The key thing to watch out for is how the anticipated rebound in Wall Street activity, including merger fees, will impact
When it comes to investing in dividend-paying stocks, one must carefully consider the recommendations of Wall Street analysts to maximize returns. Northern Oil and Gas (NOG) is a prime example of a dividend stock with attractive growth prospects, according to top experts on TipRanks. The company, known for its involvement in the acquisition, exploration, and
Bill Ackman, the founder of Pershing Square, credits Warren Buffett as the driving force behind the development of his successful hedge fund management company. Inspired by the career path and strategies of the legendary investor, Ackman embarked on a journey to build his own empire in the world of finance. The Journey of Warren Buffett
As November approaches, investors are turning their attention to the upcoming U.S. presidential election. In the midst of a volatile stock market, with the S & P 500 and Nasdaq Composite hitting record highs, questions linger about the Federal Reserve’s stance on interest rates. The recent rotation out of mega-cap growth stocks has added to
Smith & Nephew, a British medical technology company, is a global leader in the development, manufacturing, and sales of medical devices and services across various segments. The company’s Orthopedics, Sports Medicine, and Advanced Wound Management divisions offer a range of products to cater to different clinical needs. With a stock market value of approximately 9.6
As earnings season approaches, Bank of America has identified several stocks that it believes are positioned for growth and upside potential. These buy-rated stocks have been carefully selected based on their potential for strong performance in the upcoming quarter. From Broadcom to Eletrobras, Bank of America’s top picks cover a range of industries and sectors.
In the midst of market turbulence, real estate stocks have shown promise, indicating a potential trend worth exploring. The recent surge in the SPDR S & P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) has left investors optimistic about the opportunities in the housing sector. With speculation surrounding the Federal Reserve’s
On Thursday, investors witnessed a significant shift in U.S. equities with the Russell 2000 soaring by about 3.5% while the S&P 500 saw a nearly 1% decline. This divergence raises the question of whether this is simply a case of profit-taking in the top companies or if it signals the end of the megacap secular