Year: 2020

On CNBC’s “Fast Money Halftime Report,” traders discussed Goldman Sachs’ bullish call on General Electric Co. (NYSE: GE). Goldman’s analyst reinstated the stock with a Buy rating and a price target of $10, because the company is making progress to be a leaner and structurally more productive company with better capital discipline.Jenny Harrington is not a buyer because the stock is too complex to analyze. She thinks JPMorgan’s Steven Tusa is the best analyst for the stock and he sees no quick turn for the stock.See Also: Goldman Sachs Calls General Electric The ‘Ultimate Self-Help, Vaccine Leverage Story’Michael Farr wants …read more […]

Hurricane Delta shut power and toppled equipment at U.S. Gulf Coast oil refineries and closed oil-export ports as its destructive winds and storm surge reached far from its center. Nearly 700,000 homes and businesses in three Gulf Coast states were without power on Saturday after Delta made landfall overnight as a Category 2 hurricane with winds of 100 miles per hour (161 kph) near the town of Creole, Louisiana. Delta’s fierce winds tore roofs off homes, cut electric power and disrupted energy operations as far away as Port Arthur, Texas, 65 miles (105 km) west of Delta’s landfall. …read more […]

This week in his flagship YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld got political…
And he revealed the tickers of four investments that are destined to help investors profit no matter who wins the upcoming election.
They all hail from the energy sector – and represent its up-and-coming cohort of clean energy stocks that promise to replace fossil fuels as renewables become increasingly inexpensive.
Regardless of your views on alternative energy, it’s clear that technology is advancing even faster than we can keep up with – and that Big Oil is suffering as a result.
Take one look at the …read more […]

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* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The FAANG stocks were represented in both the bullish and bearish calls seen this past week. * Other bullish calls were for some stocks found in struggling industries and sectors. The big three U.S. equity indexes ended last week solidly higher, led by the more than 4% gain in the Nasdaq. This came despite continuing volatility, due in part to presidential tweets in the wake of his treatment for COVID-19. The week also saw the vice presidential debate, as well …read more […]

Selecta Biosciences, Inc. (NASDAQ:SELB) shareholders (or potential shareholders) will be happy to see that insider… …read more […]

How far off is Editas Medicine, Inc. (NASDAQ:EDIT) from its intrinsic value? Using the most recent financial data… …read more […]

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a… …read more […]

Dr. Roger Klein, a former FDA and CDC adviser, noted that the president had a decent argument for being able to debate in person. …read more […]

It’s been a good week for Costco Wholesale Corporation (NASDAQ:COST) shareholders, because the company has just… …read more […]

Jacob Mitchell’s Antipodes Partners is an Australia-based hedge fund founded in 2015 which now has offices in both Sydney and London. The investment company, which is listed on the Australian stock market under the ticker APL, manages over $8 billion in assets, including over $20 million of its own money. Antipodes uses a pragmatic value […] …read more […]

China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards trading to zero with effect from Monday. Under current rules, financial institutions must set aside 20% of the previous month’s yuan forwards settlement amount as foreign exchange risk reserves. “The People’s Bank of China (PBOC) will continue to maintain flexibility in the exchange rate, stabilize market expectations, and keep the yuan basically stable at reasonable and balanced levels,” the central bank said on its website. …read more […]

The analysts covering Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) delivered a dose of negativity to shareholders… …read more […]

The iHuman IPO came to U.S. investors despite tensions between Washington and Beijing. As countries continue to feel the effect of the coronavirus, iHuman’s edutainment products are part of a growing market.
But is iHuman stock a good investment? Here’s what we know…
iHuman IPO: The Business

Michael Yufeng Chi founded iHuman. It’s a Chinese edutainment company. Edutainment is entertainment, such as video games, movies or shows, that are designed to be educational. The goal is to make learning more fun and enjoyable for children both inside and outside of the classroom. It’s claimed Walt Disney was the first to use the term …read more […]