Verizon shares are trading around their highest levels in more than two years, but don’t start taking profits yet! So said Christopher King, senior telecom services analyst at Stifel Nicolaus. He believes the rally will continue going into next year.
Pointing to large-cap picks, Bill Spiropoulos, CEO of CoreStates Capital Advisors, and Keith Goddard, president of Capital Advisors, suggested that investors look into the following stocks.
The stock market is likely to see "another double-digit return next year," said James Paulsen, chief investment strategist at Wells Capital Management.
Investors should look into stocks that offer a dividend payout, said Joseph Keating, executive vice president and CIO of CenterState Bank, and Chip Cobb, senior vice president at Bryn Mawr Trust.
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.
The rally continues…new highs for the S&P 500, with the index now up 6.3% this month. That gives the S&P its best December since 1991.
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
The FCC voted to approve the first ever broad regulations of the Internet, but they were adopted reluctantly—the rules have been so adapted and compromised that people on both sides of the aisle are frustrated.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.
Stocks slumped after opening higher as the dollar rose, but trading was light at the start of a holiday week. AmEx and Boeing sank, while BofA rose.
U.S. stock index futures rose ahead of the open Monday, but trading was light at the beginning of the week before Christmas.
AT&T will buy $1.93 billion worth of wireless spectrum from Qualcomm to add capacity to its forthcoming high-speed data network, the companies said Monday.
Stocks closed narrowly mixed, as technology and bank stocks gained strength and drug stocks fell, amid more evidence of a recovering economy in the U.S. and passage of a bill extending Bush-era tax cuts. American Express fell, while Boeing rose.
Plus, a call on the “bull market that nobody cares about.”
Some traders have pointed to a yield level right about where the 10-year has been this week: just above 3.5 percent. But a number of strategists are looking for a higher level before stocks start to get burned.
As the year winds down, we’ve all got problems. Economic slump. Wars. Unemployment. But look at the bright side: there’s never been a better selection of really terrific cellphones. CNBC Contributor David Pogue explains.
Yield landed front and center on Friday after industrial giant GE boosted its dividend. What's the trade?
Here are three picks that are far better than Treasurys.
Great news for Apple: When the exclusive U.S. deal with AT&T ends, and the iPhone goes to Verizon, it looks like Apple will still be able to charge both AT&T and Verizon top-dollar for the phone.