Despite the doom-and-gloom predictions about the future of big-box retail that are dominating headlines lately, some analysts are bullish about select real estate opportunities and those brick-and-mortar retailers with high customer-satisfaction and engagement ratings in the coming year. “The death of retail has been exaggerated,” said Jay Rollins, managing principal of JCR Capital, which invests […]
Read moreNike is no longer an attractive investment after its recent rally, according to one Wall Street firm. HSBC lowered its rating to hold from buy for Nike shares, citing weakness in the U.S. market and the stock’s valuation. The company’s shares are up 17 percent year to date through Monday compared with the S&P 500’s […]
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The small-cap Russell 2000 is coming into focus for one equity strategist this week as the Senate is expected to debate the proposed tax reform bill. Matt Maley, equity strategist at Miller Tabak, will be watching the small-cap index because it is particularly sensitive to the ebbs and flows of the legislation and decisions that […]
Read moreConcern over stock market values is growing at the Fed, with one official worrying that waiting too long to tighten policy could have more serious effects later. In an essay released Monday, Dallas Fed President Robert Kaplan warned about “excesses” in the economy, pointing specifically to stocks and the government debt. The S&P 500 market […]
Read moreOnce again, the indexes are back at new highs, and it’s not just the S&P 500, but the Russell 2000, which badly lagged the S&P for more than a month. The market leader — technology (XLK, SMH) — is also back at new highs. High yield (HYG, JNK), which had a rough time a few […]
Read moreElectric car startup Lucid Motors is doubling the size of its offices and is moving into Tesla’s neighborhood. The company, which is not yet selling any cars, is moving from its current headquarters in Menlo Park, California, to a new facility in the nearby city of Newark. Lucid Motors announced the move on its blog […]
Read moreInvestors should position themselves for a market rally as worries over President Donald Trump’s tax reform chances are overstated, according to a top Wall Street firm. JPMorgan derivatives strategist Shawn Quigg told investors to buy call options on companies that will benefit the most from tax reform. “We think the most significant near-term upside catalyst […]
Read moreCitadel’s Ken Griffin believes stock valuations are getting high, but there are still economic forces that can cause the bull market to continue awhile longer. “I think we’re in the seventh inning of this market rally,” he said in an exclusive interview with CNBC’s Leslie Picker on Monday. “Valuations are stretched. We’re not in the […]
Read moreSquare’s foray into bitcoin trading merely extends an “overdone” stock rally and puts off an impending correction, according to one analyst. The company recently created a buzz with a trial that enables some users of the Square Cash app to buy and sell bitcoin, but this may be too risky for investors to stomach, said […]
Read moreClosely followed economist Jim O’Neill thinks Brent crude oil might surge to $80 a barrel in the next year before falling back to roughly $60 by next November. That would mark a 26 percent run-up from today’s price of about $63.50 a barrel. International benchmark Brent prices have already rallied about $20 a barrel, or […]
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