Higher interest rates could add downward pressure to stocks on Wall Street. The benchmark 10-year Treasury yield reached another milestone Thursday, climbing as high as 4.98%, its highest level since 2007. Yields have risen for four days in a row and have added about 40 basis points in October alone. A basis point is 1/100th of a percentage point . The latest uptick has traders eyeing a 10-year yield of 5%, which also has not been reached since 2007.
Customer relations management software company Salesforce has one of the lowest debt-to-equity ratios on the list, at roughly 16%. Salesforce also boasts a free operating cash flow three-year CAGR of roughly 20% and a debt-to-asset ratio of about 10%. Consensus analyst forecasts imply about 24% upside from Wednesday's close a touch below $205. Shares have soared more than 54% since the start of the year. CRM YTD mountain Salesforce stock.
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
These are the stocks to buy if interest rates stay higher for longerThe Federal Reserve has raised rates by 5.25 percentage points since March 2022, and another increase is possible.
Herkunft: startelegram - 🏆 248. / 63 Weiterlesen »
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »