Equities are expected to take a cue from the bond market in the coming week as investors weigh earnings from bullish Apple, Microsoft and Alphabet. Strategists continue to watch the market’s trading patterns for signs that a bottom is forming after the washout on Oct. 13, when the market first fell and then rallied sharply … Read more
There is an attractive entry point in shares of Church & Dwight – the company behind brands such as Trojan, OxiClean and Arm & Hammer – as the company is likely to bounce back from a recent rough patch, according to Deutsche Bank. Analyst Steve Powers upgraded Church & Dwight to buy from hold, saying … Read more
U.S. stock futures are pointing to a lower open Wednesday after a strong two-day rally starting October.
People walk past a video sign with the logo of Roku, a Fox-backed video streaming company that held its initial public offering on the Nasdaq Marketsite in New York on September 28, 2017. Brendan McDermid | Reuters Check out the companies making headlines on midday trading Friday. Amazon — Shares of the e-commerce giant rose … Read more
Church & Dwight has been unfairly shut down this year, according to Wells Fargo, and that may have created an opportunity for investors. Analyst Chris Carey upgraded the grocery stock to overweight from the same weight and said this seems to be a good starting point for a traditional defensive stock. “The stock is well … Read more
Here’s Tuesday’s biggest calls on Wall Street: Morgan Stanley downgrades Adobe to equal weight from overweight Morgan Stanley said it sees declining earnings per capita growth. share for Adobe. “Beyond Seasonality – Expect structurally slower EPS growth ahead; downgrade to Equal-weight.” UBS downgrades Boston Beer, Keurig Dr. Pepper and Molson Coors to neutral from acquisition … Read more
Inflation remains a problem for Procter & Gamble, but the recession-resistant stock performed better in Thursday’s otherwise ugly session.