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Homebuilder stocks are getting crushed, but one analyst says the chart looks so bad — it's goodWhile some investors are avoiding homebuilders amid rising interest rates that traditionally serve as a headwind for the economically sensitive group of stocks, others say evidence is mounting for a bounce. TradingNation S.A.L.T. Look no further than that
Source: CNBC - 🏆 12. / 72 Read more »
Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst saysInvestment bank Jefferies cut its price targets for offshore drilling stocks on Friday, saying the collapse in oil prices has made an anticipated recovery for the beaten-down sector in 2020 unlikely.
Source: CNBC - 🏆 12. / 72 Read more »
This year-end stock-picking strategy beats the market 70% of the time, Merrill Lynch saysFrom November through the end of the year, a group of stocks known as 'tax-loss harvesting candidates' tend to outperform the broader market.
Source: CNBC - 🏆 12. / 72 Read more »