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S&P 500 Correction 'Overdue:' Will The Market's 'Sideways' Movement Turn Into A Tumble? 'Focus On Balance And Diversification,' Says Analyst
Monday, March 3, 2025 - 8:56am | 706With its skyrocketing valuations and continued strength amid volatility, the S&P 500 has risen 1.46% in 2025 following a 20% plus gain in 2023 and 2024. As experts predict an overdue correction, this analyst says the ongoing “sideways consolidation” over the last three months could...
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Great Place For Your 'Lottery Ticket Money', Says Edward Jones' Strategist On Bitcoin ETF Investments
Thursday, January 11, 2024 - 7:58am | 460Edward Jones’ senior investment strategist, Mona Mahajan, shed light on the potential of Bitcoin (CRYPTO: BTC) exchange-traded-funds (ETFs) for investors. What Happened: During a discussion with Business Insider, Mahajan proposed that Bitcoin ETFs could act as a lucrative avenue for “...
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Exclusive: Tesla Analyst Says Investors Need To Brace For More Wide Swings, Any Buyback Unlikely To Help Near-Term
Tuesday, November 22, 2022 - 10:42am | 511Tesla Inc. (NASDAQ: TSLA) stock is trading at a two-year low and investors should be bracing for more wide swings, an analyst said. Stock Priced In Significant Growth: Tesla stock has been under pressure due to concerns about Elon Musk’s loss of focus on his electric vehicle...
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A Bull And Bear Discuss The Status Of The U.S. Consumer After A Worse-Than-Expected Consumer Sentiment Report
Friday, November 11, 2022 - 2:00pm | 600According to Bank of America, consumer discretionary spending was up 2.9% in October year-over-year, but down from its September reading of 3.2%. As the holiday season fastly approaches, a Bank of America survey found more than 20% of U.S. consumers intended to spend significantly less...
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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 6:49pm | 1938Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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Edward Jones Initiates Coverage On Tesla: 'EV Leader, But Competition Increasing'
Wednesday, January 13, 2021 - 2:26pm | 395Another Wall Street analyst has initiated coverage of Tesla Inc (NASDAQ: TSLA) on Wednesday. Like many other analysts and investors, he doesn’t quite know what to make of Tesla at its current valuation. The Tesla Analyst: Edward Jones analyst Jeff Windau initiated coverage of Tesla with a...
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Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 'A Much Stronger Company'
Thursday, September 10, 2020 - 12:01pm | 240Although the pandemic has adversely impacted food distributor Sysco Corporation’s (NYSE: SYY) business, the recent pressure on its shares presents a buying opportunity, according to Edward Jones. The Sysco Analyst: John Boylan upgraded Sysco from Hold to Buy. The Sysco Thesis: While the...
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Analyst: Vodafone Weakness Likely Tied To Corbyn's Proposal To Nationalize Broadband Service
Friday, November 15, 2019 - 3:21pm | 552Jeremy Corbyn, leader of the U.K.'s Labour Party, plans to nationalize British Telecom's Openreach broadband network and provide free internet if the party wins power. The proposal is impacting shares of Vodafone (NASDAQ: VOD), according to an Edward Jones analyst. The...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 2:25pm | 625Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting. BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...
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JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In
Monday, April 15, 2019 - 11:12am | 859Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...
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Is Nike A Victim Of Its Own Success?
Friday, March 22, 2019 - 2:54pm | 813Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...
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Target Falls After Q3 Print: Should Investors Buy The Dip?
Wednesday, November 21, 2018 - 3:11pm | 662Target Corporation (NYSE: TGT) reported Tuesday with third-quarter results that disappointed investors and sent the stock tumbling. Now that shares are on track for their roughest patch since the financial crisis, should investors be concerned about more downside ahead or buy the dip...
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Analysts Cautious On Kohl's Despite Marketing, Holiday Push
Wednesday, November 21, 2018 - 12:15pm | 593Kohl’s Corporation (NYSE: KSS)’s Monday earnings beat had little effect on the stock, and analysts are weighing whether the retailer merits a price bump or a plunge. The Analysts Edward Jones analyst Brian Yarbrough maintained a Hold rating on Kohl's with a $71 price target....
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Analysts React To Target's Q2: 'This Is As Good As It Is Going To Get'
Wednesday, August 22, 2018 - 11:36am | 567Retailer Target Corporation (NYSE: TGT) reported a top-and-bottom-line second-quarter earnings beat Wednesday morning. Here's a roundup of some of the Street's initial commentary. The Analysts Edward Jones' Brian Yarbrough maintained a Hold rating on Target with an...