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2 Analysts Weigh In On Goldman Sachs, Wells Fargo And More
Wednesday, August 14, 2019 - 5:02pm | 259Bill Baruch of Blue Line Futures and Erin Gibbs of Gibbs Wealth Management spoke on CNBC about opportunities in the banking sector. Baruch sees value in Goldman Sachs Group Inc (NYSE: GS). He said the stock is testing the 200-day moving average and it's trading close to its trend line. He...
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Chart Pro: Facebook Could See More Gains
Wednesday, April 3, 2019 - 9:26am | 328Shares of Facebook, Inc. (NASDAQ: FB) closed above the $172 level Tuesday, which is an encouraging bullish indicator according to Miller Tabak's Matt Maley. What Happened Facebook's stock got a lift in reaction to a Deutsche Bank research report that said the company could hit $10...
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Pro: Consumer Goods Stocks Surging In 'Clear Change' In Market Leadership
Monday, December 3, 2018 - 12:24pm | 426Less exciting stocks like McCormick & Co (NYSE: MKC) and Clorox co (NYSE: CLX) are trading near their 52-week highs, and this marks a "clear change in leadership," according to Erin Gibbs, portfolio manager at S&P Global Market Intelligence. What Happened Growth stocks have lagged...
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Twitter Bear Vs. Bull Debate: A Rally Ahead Or 'A Lot Of Room To Drop'?
Friday, November 30, 2018 - 11:28am | 383Twitter Inc (NYSE: TWTR) shares peaked at $47.79 in June and have since lost around 35 percent, but Newton Advisors' Mark Newton told CNBC he expects the social media stock to rebound. Buy The Dip Despite the fall from their 52-week highs, Twitter shares are still higher by 30...
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The Current Bull And Bear Case For Nvidia
Wednesday, October 11, 2017 - 9:21am | 351NVIDIA Corporation (NASDAQ: NVDA), one of the hottest stocks of 2016 is making a case to retain the title for 2017. But with lots of time remaining in the calendar year and a much richer valuation, the bull versus bear debate will continue to be heavily contested. Part of Nvidia's bull run has been...
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Pro: Even At 205 Times Earnings, Amazon's Stock Is Still Attractive
Tuesday, September 12, 2017 - 2:45pm | 342The most expensive stock in the S&P 500 index based on a forward P/E ratio is Incyte Corporation (NASDAQ: INCY) at 206 times forward P/E. Ranking in a very close second place is Amazon.com, Inc. (NASDAQ: AMZN) at 205x forward P/E. While one could easily conclude that Amazon's stock is expensive...
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Here's The Best News About Earnings Seasons So Far
Wednesday, July 26, 2017 - 3:31pm | 317Earnings season is ramping up and around one-third of S&P 500 companies will release their respective earnings reports this week. S&P 500 companies are expected to show investors a 7.6 percent year-over-year earnings growth as a whole, which may sound encouraging, but that may not be the...
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What Sectors Should Investors Buy And Avoid Given Weak American Dollar?
Thursday, July 20, 2017 - 9:04am | 381The U.S. dollar has lost 7 percent of its value against a basket of international currencies but this could prove to be a catalyst for certain stocks, Erin Gibbs, a portfolio manager with S&P Global said during a recent "Trading Nation" segment. One of the better-positioned sectors to...
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The Most Important Piece Of Data To Track Ahead Of Earnings
Wednesday, July 19, 2017 - 3:23pm | 375Earnings season is kicking into high gear and Erin Gibbs, a portfolio manager with S&P Global, explained one key metric that investors can't afford to miss out on. Wall Street analysts are always busy updating their models, price targets and earnings estimates, but any changes made in the...
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Facebook's Stock Among The Top Picks Heading Into Earnings
Wednesday, July 19, 2017 - 12:29pm | 396Shares of Facebook Inc (NASDAQ: FB) have gained more than 40 percent in 2017. Investors looking to add the stock to their portfolio or initiate a new one should consider doing so before next week's earnings report, Erin Gibbs, a portfolio manager with S&P Global suggested during a recent...
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Value Stocks Are Gaining Popularity Among Investors
Wednesday, July 5, 2017 - 3:33pm | 393Growth stocks have proven to be a superior investment versus value stocks since the start of 2017. But heading into the back half of the year the trend is now set to reverse, especially at a time when the growth tech trade has become overcrowded. As an example, Micron Technology, Inc. (NASDAQ: MU...
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3 Sectors Lagging The S&P 500 By A Huge Amount
Monday, June 5, 2017 - 2:03pm | 388The S&P 500 index continues to trade near historical all-time highs but that doesn't mean every sector within the index is trading in the green for 2017. Quite the contrary, three sectors within the index are lagging the index by the widest margin seen in decades, according to Fundstrat Global...
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Here's Why The Current Stock Pullback Is 'Healthy'
Thursday, March 30, 2017 - 3:44pm | 345March still has one full trading day remaining, but as it stands, the major indices are trading in the red for the month. As such, major indices are in threat of posting their first monthly loss going back to October. This isn't necessarily a bad thing, at least according to S&P Global'...
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Russell 2K Initially Soared During The 'Trump Rally'; Is It Time To Buy Again?
Wednesday, March 15, 2017 - 12:54pm | 443The Russell 2000 index was one of the most notable winners in the early days of the "Trump rally" and soared 16 percent after the 2016 presidential election. According to CNBC, the index gained as investors assumed President Trump's pro-growth and domestic-friendly policies would have...
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Apple's Chart Remains Bullish, Pro Explains
Tuesday, February 14, 2017 - 2:40pm | 348The narrative surrounding Apple Inc. (NASDAQ: AAPL) has certainly changed. Starting in the bottom half of 2015 the debate among investors and analysts was if Apple's stock could trade at new all-time highs. But now the question has shifted to when will Apple's stock trade at new all-time highs....