lost nearly 5% on Thursday, but several of its most high-profile stocks are still overvalued, according to Wall Street analysts.
The tech-heavy index's remarkable run this year sent many stocks soaring past analyst consensus price targets, leaving the typically bullish analysts playing catch-up. CNBC used FactSet's screening tool to find the names that were most overvalued by that metric as of Thursday's close. Analyst price targets are typically for 12 months in the future and usually imply upside for the shares, even for stocks that have a neutral or hold rating. Some of the stocks on the list have run past their targets despite having buy ratings from more than 50% of analysts.
Pro Just counter-trade those 'aNAlySTs' and you will be fine .
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Stock market bloodbath: Dow and Nasdaq plummet in the worst day since JuneIt was a wild day on Wall Street. The Nasdaq Composite tumbled nearly 5% and the Dow fell more than 800 points, as investors made a dash for the exits following a streak of record-setting days over the past several weeks. Let's don't talk about the up tik all during pandemic! My stocks are on fire big time and my apple stocks split x 4. Oh and shall we talk about my zoom stock that i bought before the pandemic! Please stop with your fear monger racist news org NO shit. It is all a smoke and mirrors illusion. I wish we had a better president. We are in deep trouble. It’s kinda like an elevator. It has its ups and downs.
출처: cnnbrk - 🏆 393. / 55 더 많은 것을 읽으십시오 »
Stock market bloodbath: Dow and Nasdaq plungeThe Nasdaq Composite tumbled nearly 5% and the Dow fell 700 points Thursday as investors made a dash for the exits following a streak of record-setting days over the past several weeks. Post your negative comments here. Profit taking? WHAT CNN IS MISSING. JOEBIDEN'S DOUBLE TALK IN HIS OWN WORDS EACH DAY...
출처: cnnbrk - 🏆 393. / 55 더 많은 것을 읽으십시오 »
Stocks open lower, Nasdaq threatens to snap 4-day win streakStocks opened slightly lower Thursday, taking a breather a day after the Dow Jones Industrial Average closed above 29,000 for the first time since February.... Short term profit booking in US Equities!
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
5 things to know before the stock market opens WednesdayShares of Macy’s rose after the embattled retailer saw digital sales during the pandemic surge 53% in Q2. Here are 5 things to know before the stock market opens today: We thought they were going bankrupt so we used all our outstanding gift certificates
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »