Barclays downgrades Oracle, says the stock’s comeback has gone far enough

It’s time for investors to trim their bets on Oracle after a strong start to the year, investment firm Barclays said in a note to clients on Monday. The firm downgraded the software stock to equal weight from overweight after Oracle reached Barclays’ price target, saying there was not a clear reason for more upside.… Continue reading Barclays downgrades Oracle, says the stock’s comeback has gone far enough

These stocks just scored upgrades from Wall Street’s best-performing analysts

Investors should take note when an analyst becomes bullish on a stock after standing on the sidelines. It could signal the name is undervalued and poised for long-term growth. The stocks highlighted below have just been upgraded to Buy. As for the analysts handing out these upgrades, they boast a proven track record of success.… Continue reading These stocks just scored upgrades from Wall Street’s best-performing analysts

Mizuho downgrades Pfizer to neutral, says stock has limited upside from here

Investors should trim their bets on Pfizer until the pharmaceutical giant shows what’s next for the company after the success of its Covid-19 vaccine, investment firm Mizuho said in a note to clients. Pfizer beat earnings expectations on the top and bottom lines on Tuesday in a first-quarter report that Mizuho analyst Vamil Divan called… Continue reading Mizuho downgrades Pfizer to neutral, says stock has limited upside from here

Why investors should ignore the old Wall Street adage ‘Sell in May’

The “sell in May, and go away” strategy isn’t getting much love on Wall Street this year. Market pros acknowledge that history clearly shows the market’s strongest six-month period is November to April, but they also say that’s not necessarily a factor that should shape investors’ plans in any year. “Any investment strategy that you… Continue reading Why investors should ignore the old Wall Street adage ‘Sell in May’

Final capital gains tax increase likely will be much less than Wall Street fears, Goldman says

Investors are worried that President Joe Biden is about to hit them with the highest tax burden they’ve seen in more than a century, but Goldman Sachs thinks the end version likely will be something considerably less severe. Various media reports indicate the president will propose taxing capital gains at the top ordinary tax rate,… Continue reading Final capital gains tax increase likely will be much less than Wall Street fears, Goldman says

Procter & Gamble faces choppy months ahead, Citi says in downgrade

Investors should trim any oversized positions in Procter & Gamble ahead of some tough spring and summer quarters, Citi said in a note to clients. The bank downgraded the consumer staples giant to neutral from buy on the heels of a strong earnings report and lowered its price target for the stock as well. Procter… Continue reading Procter & Gamble faces choppy months ahead, Citi says in downgrade

Grab’s not yet profitable, but investors may give it ‘leeway’ to invest in new growth areas, analysts say

Investors will be keeping a close eye on when Grab will turn profitable after its record-breaking SPAC listing, according to Tom White, senior research analyst at D.A. Davidson. “There’s obviously a growing scrutiny from investors about a path to profitability,” White told CNBC’s “Squawk Box Asia” on Wednesday. But there has been a shift in… Continue reading Grab’s not yet profitable, but investors may give it ‘leeway’ to invest in new growth areas, analysts say

401(k) investors vulnerable to cyber hacks, watchdog warns

The Labor Department should do more to protect 401(k) investors from cyber attacks, at a time when their sensitive personal information is increasingly being shared over the internet, a federal watchdog said Monday. A web of firms that oversee 401(k) and other similar workplace retirement plans hold data on Social Security numbers, birthdates, addresses, usernames… Continue reading 401(k) investors vulnerable to cyber hacks, watchdog warns

A surprise spate of bond defaults by state-owned Chinese firms is spooking investors

A series of high-profile defaults involving state-owned enterprises in China led to a bond market selloff last week.Defaults by government-supported firms in China were practically unheard of before recent times.Those defaults are coming even as many asset managers, bullish on Chinese debt, have this year been pushing their calls on these investments, which offer a… Continue reading A surprise spate of bond defaults by state-owned Chinese firms is spooking investors

How Biden’s presidency could be a win for Asia’s millennial investors

President-elect Joe Biden’s triumph over incumbent President Donald Trump has proved a boon for U.S. investors as markets celebrated a return to some certainty last week. But investors in Asia could also stand to benefit from a Biden presidency as shifts in policy and greater global conformity spell good news for markets in the region,… Continue reading How Biden’s presidency could be a win for Asia’s millennial investors