Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store — and the stocks investors should own to cash in. The emerging cycle — post the Covid pandemic — is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank said. “We are entering a …
Here are Friday’s biggest calls on Wall Street: JPMorgan downgrades UPS to neutral from overweight JPMorgan said UPS shares could be on hold without a major catalyst to drive growth. “Pressure continues mounting on the U.S. consumer and e-comm growth decelerates. … UPS is operating very well in a dynamic environment but we expect further improvements will be gradual and …
Companies looking to return cash to shareholders this year through dividends and share buybacks could be good opportunities for investors, Goldman says. Source link
A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares slid more than 11% despite the industrial company reporting top and bottom line beats for the first quarter. CEO Lawrence Culp said …
Investors looking for a strong dividend yield should consider placing their bets on UPS even as the transports sector faces a murky outlook, Loop Capital says. Source link
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 billion. Amazon wouldn’t share its …
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robinhood — Shares of the trading app dropped nearly 7% after Goldman Sachs downgraded the stock to sell from neutral. The Wall Street firm cited softening retail engagement levels, continued weakness …
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source link
History suggests that if the bond market is correct about a recession coming, the stock market will start to send some signals as well. Source link
FedEx Express President and CEO Raj Subramaniam during the final round of the World Golf Championships – FedEx St. Jude Invitational on July 28, 2019 in Memphis, Tennessee. Michael Wade | Icon Sportswire | Getty Images U.S. package delivery company FedEx Corp on Monday named Raj Subramaniam as its new chief executive officer effective June 1, succeeding Fred Smith, who …
