Lucas Jackson / Reuters Bank of America on Friday said it would provide details of the inflow of funds into and out of the key-market sector, Bank of America said on Friday. Bank of America said U.S. stocks faced their third-largest fund inflow, with investors pulling .8 25.8 billion from …
Read More »‘Port’s Momentum’ could drive Penn National 25% more, Steiffel says
Getty Images / Cliff Hawkins Shares of Penn National Gaming are poised to benefit from “Port’s Momentum Trade” as the sportfit-betting pride expands into the fall football season, Stiffle said Wednesday. With the recent launch of the Barstall Sportsbook app, other sports betting ‘announcements’ have also been made, so the …
Read More »Goldman sees 28% upside potential on Amazon and ties to high street price target in ‘Accelerating Ecommerce Growth’ (AMZN)
According to Goldman Sachs, “accelerating the growth of e-commerce” will propel Amazon to new all-time highs. Goldman and Jefferies on Monday assigned a high street price target on Amazon of $ 3,800, representing upside potential of 28% since Friday’s close. The update occurs when consumers have relied heavily on e-commerce …
Read More »Tesla will continue its monster career and jump another 55% to $ 2,322, according to the Wall Street firm.
Despite the gravity-defying Tesla surge so far in 2020, the action has more room to run, according to a Monday note from Piper Sandler. Sandler raised its Tesla price target from $ 939 to a high of $ 2,322, implying a potential upside of 55% since Monday’s close. The company …
Read More »The stock market correctly predicted who will win the presidency since 1984. This is what to look for as we get closer to the November elections.
Evan Vucci / AP, NurPhoto via Getty Images The stock market has a strong track record of predicting the winner of the United States presidential election, according to LPL Financial. Since 1984, the S&P 500 has correctly predicted the outcome of each presidential election based on its price movements in …
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