Walmart and Netflix among most overbought stocks as market heads for another winning week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 68%
  • Publisher: 72%

Breaking News: Markets أخبار

Johnson & Johnson,HCA Healthcare Inc,Mondelez International Inc

Some names that have raced ahead during this year-end rally could be due for profit taking.

The S & P 500 soared to all-time highs this week as investors eagerly snapped up stocks, but some names might be overbought and due for a pullback. The broad market index is on track for a three-week winning streak and is up nearly 1% week to date, while the Nasdaq Composite is heading for a weekly advance of more than 3%. Both indexes hit new intraday highs on Friday. The Dow Jones Industrial Average is the laggard, losing roughly 0.5% this week.

's equity returns this year. bulls believe the ad tier can drive both drive incremental subs and ARPU," Citi Research analyst Jason Bazinet wrote in a Wednesday note. He raised his price target by $195 to $920, which suggests just 0.2% potential upside, however. Other overbought stocks include Palantir , United Airlines and Take-Two Interactive Software . Palantir has been on a tear this year, popping more than 340%.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Walmart stock earnings send WMT to all-time highWalmart (WMT), the world’s largest box store retailer by revenue, closed up 3% on Tuesday after releasing third-quarter earnings that came in above consensus.
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »