Stocks making the biggest moves midday: Moderna, Delta, Bank of America, Best Buy, Disney & more

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Moderna shares spike on 'positive data' from its coronavirus vaccine trial. Netflix shares slip as investors rotate out of 'stay-at-home' stocks.

— The discount retailer jumped more than 4% after Goldman Sachs initiated coverage on the stock with a buy rating. "We like DLTR's positioning in a tougher economic setup, and believe top-line initiatives should fuel SSS [same-store sales] lift and enhance unit growth," the firm's analysts said.

Goldman has a 12-month target of $89 on the stock, which is about 13% above where it currently trades.— An analyst at Telsey upgraded Best Buy to outperform from market perform, sending the stock up nearly 10%. The analyst expects Best Buy to benefit from: the work-from-home trend, which will likely be here for a while, and the shift in spending toward home-related items, including electronics," among other trends.

 

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Of course, the vaccine won’t be available before years but who cares.

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Stocks rebound as positive Moderna vaccine trial boosts optimism for economic recoveryStocks bounced back Monday on optimism the U.S. economy may start to recover from the coronavirus pandemic after drugmaker Moderna released promising early results for a vaccine. result ?didnt stop the virus ! but didnt kill any rats in the last test
Источник: USATODAY - 🏆 100. / 63 Прочитайте больше »

These value stocks will 'catch up' to growth stocks once economy improves, Goldman saysNew for subscribers: These value stocks will 'catch up' to growth stocks once economy improves, Goldman says Check out CNBCPro for a free trial. Pro I just sold all my alibaba which I doubled along with KO and salesforce. Market has to bottom out after the job losses and China. Pro “These value stocks will 'catch up' to growth stocks once economy improves,” Goldman says. Interpretation: Goldman Sachs's third-quarter earnings fell 26%. Not exactly a record on which I would rely.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Saudi Arabia PIF invested billions in Boeing, Disney, Facebook stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. F Of course they did, Trump and Jared's verrrrry close pals swooping in as everyone expected and that won't be the only thing they scammed their way into. Could say THEY own a fair chunk of America...which means...🤔 Facebook is a dying business if not for Instagram and WhatsApp it would have been dead no problem soon it will be dead even the Boeing is a sinking plane lol
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

European stocks jump at the open as data shows new-virus cases slowingEuropean stocks climbed Monday, buoyed by data showing the slowest rate of growth in new-virus cases since late February. The gains also came after Federal... Во Имя БОГА, Любимого. Хвала Владыке мироздания. БОГ один. Неужто современному человеку даже это не уяснить. Нет никакой богоматери. Дева Мария обыкновенная Святая женщина. Моя прабабушка. Жалко смотреть на чиновников и политиков, когда говорят каждый день ложь. Бойтесь БОГА. Следуйте Мне Пророку, достойному доверия. Спорят с Пророком только больные люди. БОГ увеличит их невежество. В Час воздаяния не верить, нужно быть слепым и глупым. Они не понимают свою глупость, строят в мире беззаконие. Называют себя верующими, но лицемеры верны только дьяволу. An expected upswing given last weeks contraction and how much the present market has functioned like a sine wave
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

European stocks rally as data shows slowing virus growth and Fed chief expresses optimism in capabilityEuropean stocks jumped at the open, as data showed new coronavirus cases growing at the slowest rate in months while the head of the Federal Reserve said the U.S. central bank had plenty of ammunition to fight the economic crisis.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Asia Pacific stocks set to open mixed; Fed Chair Powell assesses prospects of U.S. economic recoveryU.S. Federal Reserve Chairman Jerome Powell said the economy stateside may need a coronavirus vaccine to fully recover.
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