Baird downgrades JPMorgan Chase to sell, sees stock dropping nearly 20%

Baird downgrades JPMorgan Chase to sell, sees stock dropping nearly 20%

Investors should dump JPMorgan Chase shares, according to Baird. Analyst David George downgraded the stock to underperform from neutral. His $200 price target implies around 19% downside from Wednesday’s close. George thinks... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

• U.S. presidential election, Fed FOMC meeting, and more earnings will be in focus this week. • Arista Networks is a buy with a strong beat-and-raise quarter expected. • CVS Health is... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Meta Platforms, Intel

Big Tech earnings, U.S. jobs report, PCE inflation data will be in focus this week. Meta is positioned to deliver strong results, benefiting from a favorable digital advertising landscape and the successful... Read more »
Spirit Airlines stock jumps as carrier plans to sell planes, cut jobs

Spirit Airlines stock jumps as carrier plans to sell planes, cut jobs

Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: GE Aerospace, UPS

Jobless claims, Fed speakers, Q3 earnings will be in focus this week. GE Aerospace is a buy with upbeat profit and sales growth expected. UPS is a sell with weak earnings, soft... Read more »
Stellantis to shutter and sell proving grounds amid cost-cutting

Stellantis to shutter and sell proving grounds amid cost-cutting

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024.  Nathan Laine | Bloomberg | Getty... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: AMD, Delta Air Lines

Inflation data, Fed FOMC meeting minutes, start of Q3 earnings season will be in focus this week. AMD is a buy as it holds its annual ‘Advancing AI 2024’ event. Delta Air... Read more »
EchoStar to sell Dish to DirecTV, combining major pay-TV providers

EchoStar to sell Dish to DirecTV, combining major pay-TV providers

Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival DirecTV in a... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Tesla, Levi Strauss

U.S. jobs report, Powell speech will be in focus this week. Tesla is a buy with better-than-expected Q3 deliveries expected. Levi Strauss is a sell with underwhelming earnings on deck. Looking for... Read more »
Bankrupt Norwegian shipping heir Petter Olsen to sell Munch art collection to repay debts

Bankrupt Norwegian shipping heir Petter Olsen to sell Munch art collection to repay debts

Petter Olsen, the Norwegian shipping heir and art enthusiast, is selling his extensive collection of Edvard Munch artworks following his recent bankruptcy. Leif Petter Madsen, the head of Olsen’s bankruptcy estate said... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Meta Platforms, Boeing

Powell speech, core PCE inflation, Costco and Micron earnings in focus this week. Meta Platforms is a buy as it holds its annual ‘Meta Connect’ event, showcasing the company’s latest advancements in... Read more »
Morgan Stanley’s Hynix Sell Order Faces FSS Review, Yonhap Says

Morgan Stanley’s Hynix Sell Order Faces FSS Review, Yonhap Says

Morgan Stanley is facing a regulatory review over a sell order of SK Hynix Inc. shares placed before it published a downgrade report, Yonhap News reported, citing unidentified industry sources. Source link Read more »
Blackstone to Sell Motel 6 Brand to Oyo in 5 Million Deal

Blackstone to Sell Motel 6 Brand to Oyo in $525 Million Deal

Blackstone Inc. agreed to sell the company behind budget hotel brand Motel 6 to India’s Oyo Hotels for $525 million in an all-cash deal. Source link Read more »
Looking to Outperform? Sell the US and Buy the UK

Looking to Outperform? Sell the US and Buy the UK

On Merryn Talks Money, Fidelity’s Alex Wright makes a case for why the next decade belongs to the UK.  Source link Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Salesforce, General Mills

Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. Salesforce is a buy as it holds its annual ‘Dreamforce’ event. General Mills is a sell with weak earnings,... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: JPMorgan Chase, Delta Air Lines

U.S. stocks ended higher on Friday, as investors digested a U.S. jobs report that showed hiring rose much more than expected in March while wage growth slowed. Despite Friday’s bounce, all three... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Carnival, Walgreens Boots Alliance

Wall Street’s three major indexes closed mixed on Friday to notch their best week of 2024 after the Federal Reserve stuck with projections for three interest rate cuts by year’s end and... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Fortinet, Tesla

U.S. stocks ended slightly higher on Thursday to notch another winning week as the closed out its strongest first quarter in five years. The benchmark index rallied 10.2% in the first three... Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, CVS Health

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Nike

U.S. stocks finished lower on Friday to suffer their second weekly loss in a row as investors weighed the outlook for interest rates amid renewed inflation fears. For the week, the benchmark... Read more »