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Barron's Picks And Pans: McDonald's, Salesforce, Starbucks And More

* This weekend’s Barron’s looks at homebuilder stocks that are poised to soar. * Other featured articles focus on COVID-19 stocks, real estate investment trusts and disruptive global tech companies. * Also, the prospects for a fast-food giant, an auto parts leader, a top software provider and more.The Housing Market Is on Fire. These Stocks Could Benefit.” by Shaina Mishkin makes a case that homebuilders like Toll Brothers Inc (NYSE: TOL) that have lagged could catch up as housing demand continues to swell.Avi Salzman’s “McDonald’s Battles Its Former CEO. Why It’s Still a Buy.” points out that fast-food …read more […]

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Benzinga's Bulls And Bears Of The Week: Apple, Salesforce, Tesla And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This past week’s bullish calls included the iPhone maker and other tech leaders. * The leading EV maker and a top biotech were among the bearish calls.The big three U.S. stock indexes ended the past week higher, led by the more than 3% gain in the Nasdaq. Yet, economic news continued to be disappointing, prompting a Federal Reserve policy shift. It was also a week that saw a shakeup in the Dow Jones industrials, the result of a prominent stock split.As usual, …read more […]

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Ambani to Pay $3.4 Billion for Tycoon Biyani’s Retail Units

(Bloomberg) — Reliance Industries Ltd. said it will acquire the retail, wholesale, logistics and warehousing units of India’s Future Group for 247.1 billion rupees ($3.4 billion), in a transaction that will propel Mukesh Ambani’s ambitions to dominate India’s retail sector.Future Group will merge some of its remaining businesses into Future Enterprises Ltd., Reliance Retail Ventures Ltd. said in a statement on Saturday. Ambani’s unit will then invest 12 billion rupees to acquire about 6.1% stake in Future Enterprises, according to the statement.The transaction with the Future Group will bolster Reliance Retail — already the nation’s largest retailer by the number …read more […]

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Experts Disagree About What Tesla Battery Day Will Do To Stock

Analysts are generally expecting Tesla’s battery day to be a catalyst for its stock, but not everyone is expecting the shares to rise because of the event. Wedbush analyst Daniel Ives said in a report this week that he expects the battery day to boost Tesla stock alongside the company’s growth story. He raised his bull case […] …read more […]

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Palantir IPO: Stock Confirmed to Hit NYSE in 2020

A Palantir IPO is filed with the SEC. After over a year of anticipation, investors are finally getting Palantir stock. It’s a Silicon Valley company, and it’s highly valued.
But is Palantir a good investment opportunity? Here’s what we know…
Palantir IPO: The Business

Billionaire Peter Thiel and CEO Alex Karp founded Palantir in 2003. It’s an American software company specializing in big data analytics. Palantir’s software manages, analyzes and secures data. It finds useful patterns showing hidden connections within data. This includes phone records, addresses and credit transactions. And as the world becomes more connected, the demand for Palantir software is higher.
Palantir …read more […]

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This Market Rally Has Legs, Six Strategists Say. Here’s Proof

(Bloomberg) — When the stock market started to revive from the depths of the March lows, the killjoys were ready. It can’t last — just look at the state of the economy, they said. It’s going to crash again.That message was repeated over and over even as the S&P 500 advanced more than 50% and added $10 trillion in value. Since surpassing its pre-Covid high last week, the index has notched records more than a half-dozen times.The market’s relentless run has prompted many analysts to check what’s under the hood. Some now see evidence to justify further gains, citing everything …read more […]

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Wall Street Weekahead: Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes

As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesser-loved companies. Value stocks – shares of economically sensitive companies trading at multiples that are usually below those found on growth names – have been among the laggards in the market’s blistering rally from its March lows. The Russell 1000 Value index trades at almost 18 times earnings, up from 14 a year ago, and is up some 45% since late March. …read more […]

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Exclusive: Sanofi more confident about its coronavirus vaccines

Sanofi’s confidence in its coronavirus vaccine candidates has increased this summer as the French drugmaker prepares to start clinical trials, its chief executive told Reuters. The company is working on two of the more than 150 potential vaccines being developed across the world to tackle the COVID-19 pandemic, which has claimed more than 831,000 lives and sparked economic chaos. One candidate, to be manufactured on the back of an existing platform that develops vaccines to treat flu, will use an adjuvant made by Britain’s GlaxoSmithKline (GSK) to boost its efficacy. …read more […]