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Markets Sep. 22, 2020, 12:53 AM

Buy US stocks as the market’s repeated pullbacks create great bargains for growth companies, says one Wall Street chief strategist

John Stoltzfus, Oppenheimer chief investment strategist, told CNBC on Friday that the recent market pullbacks signal a bargain buying opportunity for growth companies in the US. He said that the US has been outperforming most of the markets around the world, and its innovation makes it the best place to […]
Buy US stocks as the market’s repeated pullbacks create great bargains for growth companies, says one Wall Street chief strategist
Markets Apr. 22, 2020, 3:11 AM

The battered $700 billion US energy industry is now worth roughly half of Microsoft amid oil’s record plunge

The S&P 1500 energy sector is now worth about $US700 billion, roughly half of Microsoft‘s $US1.4 trillion market value, a development first reported by Bespoke Group on Monday. The US energy sector has shed hundreds of billions in market value as the price of oil has plummeted this year. On […]
The battered $700 billion US energy industry is now worth roughly half of Microsoft amid oil’s record plunge
Markets Jan. 22, 2020, 4:11 AM

After an ‘excessive’ tech rally, one Wall Street firm is bracing for a pullback in stocks

On Monday, analysts at Canaccord Genuity reduced their market and tech sector views to neutral from positive as they see a potential pullback coming in stocks. The downgrade comes amid “the extreme overbought condition and high level of optimism toward equities, especially in the Information Technology sector,” they wrote in […]
After an ‘excessive’ tech rally, one Wall Street firm is bracing for a pullback in stocks
Markets Dec. 28, 2019, 3:23 AM

Tech stocks are on track for their best year in a decade — and set to rise higher with the rollout of 5G

The S&P 500 information technology sector is up more than 48% year-to-date and on track for its best year since 2009. The sector has seen rapid growth from soaring Apple stock and triple-digit gains from its best performing semiconductor stocks like Advanced Micro Devices. The index, made up of 70 […]
Tech stocks are on track for their best year in a decade — and set to rise higher with the rollout of 5G

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