The market has been hitting record after record, and its run is only going to continue, two investing pros told CNBC Friday.» Read More
Buoyed by better-than-expected earnings and cautious signs of optimism, technology stocks have outpaced the broader stock market in the first half of the year, and many experts say the industry will play an important role in leading the U.S. out of recession. David Lutz, managing director at Stifel Nicolaus Capital Markets and Jim Iuorio, director at TJM Institutional Services, weighed in on the best places to invest in the tech sector now.
Analyst “just don’t get it” when it comes to taking risks and here are some reasons why, said Fred Fraenkel, vice-chairman of the Beacon Trust Company.
Wendy's/Arby's Group is up 21 percent in the last month, and at least one trader expects it to keep climbing through its next earnings report in early August.
Many companies have reported earnings that have surprised to the upside, but how will they perform for the rest of the year? Dan Genter, CEO of RNC Genter Capital Management shared his insight and investment strategy.
Wells Fargo reported a record quarterly profit on Wednesday and Edward Najarian, head of bank research at ISI Group, shared his insights on the bank and its earnings results.
Amid choppy earnings, is the rally running out of steam? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights Wednesday.
Stocks bounced back from a lower open Wednesday, but bank stocks skidded after two of Wall Street's biggest names issued disappointing earnings. Morgan Stanley and Wells Fargo both declined, even though the Wells numbers appeared to beat analyst estimates. Traders appeared to be focusing on the sustainability of the Wells numbers, while Morgan's loss was much broader than expectations. Another heavy earnings calendar will shape the market's day again. Read and listen to what the experts had to say...
Morgan Stanley reports its second-quarter earnings before the opening bell on Wednesday. Will the Wall Street firm follow in the footsteps of Goldman Sachs — or disappoint like Bank of America? Michael Mayo, analyst at Calyon Securities, offered CNBC his financial-stock outlook.
Apple is expected to report strong earnings results after the closing bell on Tuesday. Keith Woolcock, co-founder of Cyck Partners shares his insights on the company.
As many companies report better-than-expected second-quarter earnings, investors ask if the economy is finally on its way to a recovery. David Goerz, CIO of Highmark Capital and Ken Shreve, market commentator at Investor’s Business Daily shared their insights.
Southwest posted a quarterly profit on Tuesday, after three straight quarters of losses as lower costs boosted its bottom line. Senior airline analyst Jamie Baker at JPMorgan discussed the company’s earnings and his outlook.
Companies as diverse as Caterpillar, Merck and Coca-Cola reported quarterly profit that beat analyst estimates. Does this signify an embryonic bull market at last? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights.
The bulls are putting their money "in good hands" Tuesday morning, betting on a rally in Allstate before its earning report two weeks from now.
One of the few shining stars in the recession has been tech ETFs. The Nasdaq 100 index is up 26 percent year-to-date, and was the first major index to turn positive this year. But we’re now in the thick of the real test for technology: earnings season...
Goldman Sachs issued a bullish note on the S&P 500, raising its target for the index to 1060 from 940 by year's end. Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his take on the Goldman note and the stock markets.
This is nothing but a relief rally in a secular bear market and we’ll be in a secular bear market for another 10 to 15 years, said David Hefty, principal of Cornerstone Wealth Management.
FirstEnergy drew bullish options activity Friday after electrical workers ended a two-month strike against a Pennsylvania utility that is one of its subsidiaries.
Goldman Sachs raised the S&P 500 index's target for the end of the year to 1060 from 940 Monday, but said the risk of "double-dip" recession remains significant.
The Dow turned lower in late morning trading as investors continued to digest earnings reports from a slew of top-tier companies. After turning positive mid-morning, the blue-chip average slipped back into negative territory, joining the two other major indexes. An economic report showing an unexpected rise in new housing starts and building permits helped stoke some enthusiasm. Wall Street will attempt to make it a perfect week for the bulls—with the Dow, the S&P 500 and the Nasdaq rising in all four trading days so far this week. Read and listen to what the experts had to say...
At least one institutional trader is betting that mining company Goldcorp will make large gains in the next three months.