Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Hello! I'm Joe Ciolli, and I oversee the investing and markets coverage at Business Insider. Listed below are some of the great stories we have available to subscribers.
Each one of them highlights single stock picks recommended by some of the smartest minds on Wall Street. But before we get into the lists, allow me to set the scene...The record 11-year bull market came to an abrupt end, while profit-growth forecasts have crumbled under the weight of a widespread economic lockdown.
At their very worst, major US indexes were 35% below record highs reached in February. And a disturbing number ofWall Street strategists have surveyed the damage and concluded that there are still opportunities in the market — assuming an investor knows where to look. Many of them have created baskets of stocks possessing qualities that make them attractive choices to outperform the broader market.
Some of these groups of stocks have been historically resilient during market downturns, while others simply look too cheap to pass up. Each list has its own unique set of criteria. Without further ado, here's a running compliation of stock-pick lists compiled by Business Insider since the coronavirus sell-off began in earnest:
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Wall Street analysts turned very bullish on these stocks during the pandemic market turmoilFor subscribers: Wall Street analysts turned very bullish on these stocks during the pandemic market turmoil Check out CNBCPro and get your first 7 days free. Pro it aint Coke tho
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street jumps as hopes for easing lockdown offset earnings worryU.S. stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus outbreak overshadowed worrying earnings reports from JPMorgan and Wells Fargo. And this is why the message is on repeat. (previously it was an Easter opening)
Source: Reuters - 🏆 2. / 97 Read more »
‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery fundsThe Bloomberg News article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from... Eat the rich I'll just leave this here. Think there’s irony in the fact that hedge funds supposedly don’t have the liquidity for running operations . Avarice knows no limits
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock marketMorgan Stanley’s chief U.S. equity strategist in a Monday research note, along with a team of strategist, including Adam Virgadamo, Andrew Pauker and Michelle Weaver, double down and even up their enthusiasm for equities in the aftermath of the pandemic that has rocked global markets and economies. When someone goes public saying 'don't fight the FED' you can tell how the markets are manipulated.
Source: MarketWatch - 🏆 3. / 97 Read more »