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'Trading Nation' Traders Talk Chipolte, McDonald's And Starbucks
Tuesday, July 23, 2019 - 7:38am | 273On CNBC’s “Trading Nation” Monday afternoon, Craig Johnson of Piper Jaffray sees McDonald's Corp (NYSE: MCD) moving higher and says it's a safe bet. Johnson says Chipotle Mexican Grill, Inc. (NYSE: CMG) is at a major inflection point ahead of its earnings report...
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2 Pros Debate: Is Intel A Compelling Buy Or Value Trap?
Monday, February 25, 2019 - 1:13pm | 374Intel Corporation (NASDAQ: INTC) shares are up more than 9 percent since the start of 2019, and the stock's recent momentum has at least one pro expecting the stock to move above its 52-week high of $57.60. What Happened The semiconductor space as a whole looks appealing, but Intel's...
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The Street Vs. Investors: Who Got The Apple Narrative Right?
Monday, December 31, 2018 - 12:04pm | 348Apple Inc. (NASDAQ: AAPL) is on track to end 2018 not far removed from its 52-week lows. Many Street research firms remain ardent bulls, with D.A. Davidson most recently projecting upside potential of 80 percent. Who's right on Apple: the Street or the market? Technician: The Chart Sides...
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Is Walmart A Safe Play Ahead Of Earnings? These 2 Pros Say Yes
Wednesday, November 7, 2018 - 12:55pm | 377Retail stocks as a group have rebounded sharply from their October lows, but not enough to recapture multiyear highs. With the earnings season for the retail group approaching, should investors expect to see more gains or sell into the print? The Analysts Over the past few weeks, investors...
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The 'Fab 5' Stocks — And Why They're So Important To The Rally
Thursday, October 18, 2018 - 9:50am | 416Investors may find it surprising that out of a portfolio of more than 4,000 stocks, only 28 percent are showing "any form of an uptrend," according to Piper Jaffray's Craig Johnson. The Analyst Johnson, a managing director and senior technical research analyst, was a guest on...
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What's Next For Facebook And Zuckerberg?
Wednesday, October 3, 2018 - 11:37am | 566Facebook, Inc. (NASDAQ: FB) shares continue to trade within striking distance of their 52-week low of $149.02 after a new data breach involving 50 million users was disclosed. This has some investors questioning what's next for the stock — and even the future of CEO Mark...
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Piper Jaffray Pro: History Shows AMD Stock Could Fall Nearly 100%
Tuesday, September 18, 2018 - 11:46am | 430If history repeats itself, Advanced Micro Devices, Inc. (NASDAQ: AMD) investors should brace for a 96-percent crash in the stock, according to Craig Johnson. What Happened AMD is among the hottest performers in 2018, with shares up around 225 percent — but taking a look back at the stock's...
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Pros: Cisco Isn't Getting The Attention It Deserves
Wednesday, September 5, 2018 - 10:48am | 404Trillion-dollar tech giants Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) continue to dominate headlines and help push the Nasdaq index to all-time highs. But Cisco Systems, Inc. (NASDAQ: CSCO) is flying under the radar, with a stock that's poised to rally,...
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A Piper Jaffray Analyst's Travel Stock Pick, Pan
Monday, August 6, 2018 - 4:18pm | 418Several vacation stocks including Wynn Resorts, Limited (NASDAQ: WYNN) were hard-hit last week, but there is at least one name that investors can have confidence in buying within the travel sector, according to a PiperJaffray analyst. The Pro Craig Johnson, Piper Jaffray's chief...
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Market Technician Lays Out An Important Level To Watch In Gold
Monday, April 9, 2018 - 12:07pm | 394Gold surged in value throughout Friday's trading session while stocks were hard hit. Should this trend continue, it will serve as an ultimate test for stocks, according to Piper Jaffray. The Analyst Piper Jaffray chief market technician Craig Johnson and Susquehanna market strategist...
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Technical Strategist Turns Cautious Amid Parabolic Run: 'Healthy Correction May Be Just Around The Corner'
Thursday, January 18, 2018 - 3:51pm | 493The U.S. stock market has been on such a red-hot run in recent months that even market bulls are starting to say a healthy pull-back could be imminent. On Thursday, Piper Jaffray analyst Craig Johnson said key technical indicators suggest the market has become overbought in the short-term. “...
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Pro: Apple's Stock Weakness Is The 'Pause That Refreshes'
Monday, October 23, 2017 - 10:37am | 399It was a lot easier for Apple Inc. (NASDAQ: AAPL) to sleep comfortably at night years ago than it is today. Apple's stock fell around 2 percent last Thursday and remains around $10 per share below its all-time highs of $164.94 amid reports of weak demand for the iPhone 8 and a lack of clarity for...
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Sorry Snap Investors, But Some Say This Rebound Is Short-Lived
Wednesday, August 16, 2017 - 12:57pm | 383Snap Inc (NYSE: SNAP)'s run so far as a public company hasn't been a successful one. After flirting with the $30 per share mark shortly after its IPO debut, Snap's stock recently hit a low of $11.28 but has since rebounded by around $2 per share. Technical Look In reality, Snap's...