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Stock Market News and Commentary

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Sat, Jun 1st, 2024
1 'Strong Buy'-Rated Growth Stock That Analysts Expect to Almost Double

While Li Auto stock is down sharply in 2024, and sentiments towards the Chinese EV company are at best tepid, Wall Street analysts expect the stock to nearly double from these levels.

$NASX : 16,735.02 (-0.01%)
LI : 20.25 (-2.41%)
NIO : 5.39 (-0.19%)
XPEV : 8.31 (-4.04%)
2 Copper Stocks to Buy for the Green Energy Transition

The green energy transition is driving surging demand for copper. This presents compelling investment opportunities in leading copper producers like Freeport-McMoRan and Teck Resources, which look well-positioned...

HGY00 : 4.6150s (-1.26%)
FQVLF : 12.8400 (-1.76%)
NGLOY : 16.1200 (+0.50%)
FCX : 52.73 (+0.80%)
TECK : 52.05 (+1.28%)
HGN24 : 4.6020s (-1.21%)
GCM24 : 2,322.9s (-0.85%)
$SPX : 5,277.51 (+0.80%)
3 High-yield Dividend Stocks Could Soar 30% Or More Within 12 Months

Discover 3 high-yield dividend stocks that are also highly rated.

FANG : 199.26 (+0.97%)
VICI : 28.71 (+2.32%)
EPD : 28.50 (+1.39%)
3 'Wide Moat' Tech Stocks to Buy and Hold

In the fast-paced world of technology, these three top-notch ‘wide moat’ tech stocks, highly favored by analysts, could be solid long term investments to buy and hold.

GOOGL : 172.50 (+0.23%)
AMZN : 176.44 (-1.61%)
META : 466.83 (-0.05%)
$SPX : 5,277.51 (+0.80%)
Stocks Rally Late to Close Out a Volatile Session

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed +1.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed -0.01%. Stocks Friday rallied sharply...

$SPX : 5,277.51 (+0.80%)
SPY : 527.37 (+0.91%)
$DOWI : 38,686.32 (+1.51%)
DIA : 387.53 (+1.59%)
$IUXX : 18,536.65 (-0.01%)
QQQ : 450.71 (-0.19%)
ZNU24 : 108-255s (+0.23%)
MRVL : 68.81 (-10.46%)
LRCX : 932.44 (-1.92%)
MU : 125.00 (-1.02%)
KLAC : 759.53 (-1.38%)
MDB : 236.06 (-23.85%)
Sell in May and Go Away

Stock prices have concerns amidst seasonal summer hibernation.

Meta Reports Record Young Adult Engagement on Facebook

Meta (META) announced on Friday that its flagship app, Facebook, is now attracting the highest number of young adults in three years. More than 40 million U.S. and Canadian adults aged 18 to 29 check Facebook...

META : 466.83 (-0.05%)
Is Wall Street Bullish or Bearish on Exxon Mobil Stock?

Exxon Mobil has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.

XOM : 117.26 (+2.87%)
$SPX : 5,277.51 (+0.80%)
IYE : 49.15 (+2.48%)
Do Wall Street Analysts Like Regions Financial Stock?

Regions Financial has underperformed the broader market over the past year, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

RF : 19.35 (+1.84%)
$SPX : 5,277.51 (+0.80%)
IAT : 41.90 (+1.87%)
Are Wall Street Analysts Predicting NRG Energy Stock Will Climb or Sink?

Although NRG Energy has outperformed its peers and the broader market over the past year, Wall Street analysts are cautious about the stock’s prospects.

NRG : 81.00 (-4.30%)
$SPX : 5,277.51 (+0.80%)
XLU : 72.72 (+1.76%)

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The cost to hedge a 10% drop in the S&P 500 reached its highest level since October 👀 https://t.co/ySGRb2icVc
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Great chart to sum up Cathie Wood's Ark Invest over the last 2 years 😂 https://t.co/BUlFq8mIQj
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The Equal Weighted S&P 500 is underperforming the S&P 500 by the largest margin since the Global Financial Crisis https://t.co/w3oekLeJ0k
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Salesforce $CRM is the most oversold stock in the S&P 500 https://t.co/UuFnR1TXXn
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Shareholder files lawsuit against Tesla CEO Elon Musk, claiming that he sold $7.5 billion worth of $TSLA shares while having insider knowledge of a production miss https://t.co/3FNnQxvkci
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BREAKING 🚨: France S&P downgraded France's credit rating for the first time in more than a decade due to its rising budget deficit https://t.co/7IPkLBDRU8 https://t.co/k4vszS9j4v
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Occidental Petroleum $OXY recaptures its 200D moving average! Warren Buffett celebrating tonight 🥳 https://t.co/0712wxWm3S
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JUST IN 🚨: President Joe Biden vetoed a crypto bill that would have allowed highly regulated companies to custody Bitcoin $BTC and Crypto https://t.co/etvVjOUOnc https://t.co/RlHYpYOGKC

Chart of the Day

Benchmark Electronics (BHE)

The Chart of the Day belongs to the electronics manufacturer Bench Mark Electronics (BHE) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...
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