Earnings strength and an improving economy could propel stocks 10 to 15 percent in another burst higher, yet that gain is unlikely to be sustained through the balance of the year, according to Citigroup chief equities strategist Tobias Levkovich.
Online spending increased substantially this holiday, even though it's still a small player in the overall scheme of retail. Still, most economic experts say America has too many stores, and 2010 will see more shrinkage in the brick and mortar world.
Out of the entire S&P 500, which stocks are analysts expecting to have the biggest price drops? Here's the top 20, according to ThomsonReuters.
Hope for a much anticipated economic recovery is boosting Americans' optimism about this holiday shopping season. Here is a look at 8 stocks that could gain from this trend.
With Monday's extension of the current rally, all but one of the S&P 500 now have market caps over $1 billion. 32 of these are still trading for less than $10 per share.
With today’s rally, the S&P 500 is once again back above the 1,100 level. The index has hovered above that threshold intraday on five different trading sessions during the past month. However it has fought some resistance there, failing to close above that level on each of those days. In fact, the S&P has not closed above 1,100 since October 2, 2008.
S&P 500 futures popped about 7 points as the initial Q3 GDP showed growth of 3.5 percent, above consensus of 3.2 percent. Also helping: continuing jobless claims fell to their lowest levels in seven months.
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead. So far, 3 out of the October 1 top 5 and 6 out of the top 10 are trading to the upside. Here is the current list of 15 stocks expected to pop (and another 15 expected to drop).
Since U.S. stocks rebounded from a twelve and a half year-low on March 9, 2009, they have posted an average gain of 100.4%. Here is a look at the best performing stocks since the market rally began.
Out of the entire S&P 500, which stocks are analysts expecting to have the biggest price drops?Here's the top 20, according to ThomsonReuters (as of market close on 10/16/09).
Despite an early pullback in the stock market, 26 stocks in the S&P 500 reached new 52-week highs so far in the trading session.
As the stock market continues to gain steam, with all major US indices higher by 46% or more since the market rebound began, companies in the S&P 500 have outperformed the average gains of the Dow and Nasdaq 100 components.
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks.
On Friday, July 24th, the S&P 500’s 100-day moving average overtook its 200-day moving average, an event known to Wall Street technicians as a Golden Cross (a shorter-term average crossing a longer-term one, from below to above). A month ago, we saw another Golden Cross, when the 50-day average moved above the 200-day average.
Following are the day’s biggest winners and losers. Find out why shares of Patriot Coal and Supervalu popped while American Express and Office Depot dropped.
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
The conspiracy theorists are out in force today: lots of "I told you so!" going on today as traders point to a front page story in the WSJ which says that the Commodity Futures Trading Commission (CFTC) will issue a report blaming wild swings in oil prices on speculators.
US stocks rallied on Wednesday, following a strong second-quarter earnings report from Intel on Tuesday after the bell, fueling hopes of a recovery led by technology companies. The S&P 500 posted its best 3-day percent gain since March 12, 2009, right at the start of the recent rally.
Ten years ago, Staples bought the naming rights to the arena that hosted the Los Angeles Lakers and the Los Angeles Clippers. It was a 20-year deal reportedly worth $116 million.