What Cramer sees on Tuesday — possible GOP gains, Nvidia defecting, Kohl’s CEO out
Midterm polls: We should have some early evening signs from the exit polls.
Snowflake Inc.
10 ‘bathwater babies’ stocks to buy from Evercore ISI, down 40% from pandemic highs
Investors will be clearing out their losers as the year-end approaches, and Evercore ISI says it’s time to buy some of these stocks that are being thrown out like “bathwater babies.” “2022 is likely to be a year in which tax loss selling, both at the 10/31 mutual fund year-end and into the 12/31 calendar … Read more
Meta, Apple, Walmart, Netflix, Roblox
Here’s Tuesday’s biggest call on Wall Street: Morgan Stanley reiterates Walmart as overweight Morgan Stanley says Walmart+ could be worth $45 billion. “Per AlphaWise, Walmart+ membership at record ~18.5M after up ~2M in September.” KeyBanc reiterates Apple as overweight KeyBanc said its survey checks show continued iPhone strength for Apple. “We believe F4Q22 benefited from … Read more
Evercore ISI sees some potential winners as earnings forecasts are expected to dip
Evercore ISI analysts expect earnings estimates to fall, but they see some winners emerging during earnings season in a bifurcated market. Julian Emanuel, Evercore ISI head of equity, derivatives and quantitative research, wrote in a note that the S&P 500 “estimates [are] set to crash again towards [the firm’s 2023 estimate] at $221.50, year-over-year growth … Read more
Pro picks: Watch all of Thursday’s big stock calls on CNBC
A recap of Thursday’s top stock picks on CNBC.
Pro picks: Watch all of Wednesday’s big stock calls on CNBC
A recap of Wednesday’s top stock picks on CNBC.
It could be the shares ‘Big Short’ investor Michael Burry warns about
“The Big Short” investor Michael Burry has warned investors of a 2000- and 2008-style market bubble on the horizon, with speculative stocks most vulnerable to a crash. Burry, known for calling the subprime mortgage crisis, most recently sounded the alarm about frothy stocks with extremely inflated market capitalization but poor earnings. “As of this morning … Read more
Quarterly investment guidance Q4 2022: Street investors’ volatility rodeo
The historic turbulence in markets in the third quarter tested investors’ nerves, but some of Wall Street’s biggest names are reaping their best returns in years by taking advantage of the wild swings in various asset classes. It was the first time in about 80 years that the S & P 500 suffered a quarterly … Read more
FedEx, Adobe, Boeing and more
FedEx received its first five of an order for 500 electric light commercial vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in the dinner trade. FedEx – Shares of the delivery giant fell about 22% after the company previously announced disappointing results for the latest quarter, citing weakness in global shipping … Read more
Amazon, FedEx, Tesla, Apple, Snowflake
Here’s Friday’s biggest call on Wall Street: KeyBanc reiterates Apple as overweight KeyBanc said Apple shares remain attractive. “We recommend holding AAPL. Our KFLD (KeyBanc First Look Data) shows that indexed consumption was +2.0% m/m in August, compared to the three-year average of +1.0%. Looking positive, QTD data out to track +15%, with September set … Read more