Charles Norton, portfolio manager at ALPS/GNI Long-Short Fund, and Ronald Carson, of Carson Wealth Management Group, believe investors can make money by shorting stocks. They discussed their best plays.
Sales of a vaccine for late-stage prostate cancer, Dendreon’s Provenge, are expected to reach $1 billion in the first two years, analysts have predicted. This drug, one of several being showcased at the American Society of Clinical Oncologists meeting, represent a trend in which drugs treat a subgroup of cancer sufferers within the larger disease.
The euro fell below $1.19 for the first time in more than four years on Monday but recovered most of its losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency. Ashraf Laidi, chief market strategist at CMC Markets discussed his insights.
Stocks wavered on Monday as investors were encouraged by strong German factory data but the market still remained jittery. Phil Orlando, chief equity market strategist at Federated Investors, shared his outlook with CNBC.
Bank of America's share price is likely to take a hit from intensified government regulations and the company's exposure to foreign markets, analyst Dick Bove said in lowering his target for the company.
Trading has been bullish in WellPoint Health Networks and Health Net since early Friday morning, as the rumor mill goes into overdrive. Both health insurers are up in an ugly tape, though the option activity is much greater in WellPoint.
Financial strategist Dick Bove at Rochdale Securities cut both Goldman Sachs and Morgan Stanley price targets and earnings estimates. What does this mean for the firm and how does it impact the banking sector?
Stocks tumbled Friday, with the Dow falling more than 2 percent. Which stocks should you be buying and selling into next week? Danielle Hughes, founder and CEO of Divine Capital, and Charlie Smith, CIO of Fort Pitt Capital Group, discussed their best plays.
Stocks remained lower after a report showed fewer jobs were added to nonfarm payrolls than expected last month. How should investors position themselves? Roy Williams, CEO of Prestige Wealth Management, and Michael Sansoterra, co-manager of RidgeWorth Large Cap Growth Stock Fund, discussed their outlooks.
Markets slipped on Friday after a US report showed fewer jobs were added to nonfarm payrolls than expected last month—and most of those jobs were temporary census workers. Art Cashin, director of floor operations at UBS Financial Services, shared his insights.
Gold remains a primary safe haven, said Jerry Castellini, president of CastleArk Management, and Ethan Anderson, portfolio manager for Rehmann Financial. The two offered CNBC their investment outlooks on the precious metal.
Many mid-cap stocks are well-positioned to take advantage of a resurgent consumer and have limited exposure to Europe, said Pat Dunkerley, fund manager at Scout Mid Cap. He shared his top plays.
The latest plan to stop the oil flowing from a BP site in the Gulf of Mexico may not work as well as originally hoped, the U.S. Coast Guard said Thursday. Many experts are now planning for the worst. What is the long-term impact of the spill on the economy? Steve Blitz, senior economist at Majestic Research discussed his insights.
Markets climbed modestly on Thursday, after reports showed a drop in jobless claims and a rise in hiring. How should investors be positioned in this environment? Robert Weissenstein, CIO for private banking-Americas at Credit Suisse, and Alison Deans, former chief investment officer at Neuberger Berman and current CNBC contributor, shared their insights.
The markets look choppy in the short-term but "there’s a feeling that we are forming a bottom" and there will be opportunities on the upside longer-term, said Richard Del Bello, senior partner at Conifer Securities. So where should investors put their money?
The Baltic Dry Shipping Index, a leading economic indicator used by market insiders to gauge global demand for dry commodities, surged over 20 percent to trade at the highest level in six months. Is it still an accurate measure? Doug Mavrinac, maritime group research head at Jefferies and Natasha Boyden, managing director of Cantor Fitzgerald shared their insights.
Stocks opened higher on Wednesday after seeing a selloff in the prior session. Alec Young, equity strategist at Standard & Poor’s and David Kelly, chief market strategist at JPMorgan Funds discussed their market outlooks.
As experts debate the sustainability of the economy's recent upswing, Mike Shinnick, portfolio manager at the four-star rated Wasatch-1st Source Long/Short Fund, said his firm is employing a value-investing strategy that combines both short- and long-term positions.
With the Dow Jones Industrial Average posting its worst May since 1940, where will the stock market head for the rest of the year? Steven Stahler, president of Stahler Investment Group, and Harry Clark, president and CEO of Clark Capital Management, shared their insights with CNBC.
Investors are overreacting to the effects that the Deepwater Horizon oil spill will have on BP's share value, sending the company down more than half of its true value, a JPMorgan analyst said Tuesday.