Hedge funds reversed course on these stocks and are now betting on them

Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Hedge funds reversed course on a handful of stocks and flipped from shorting the names to buying them long, according to Jefferies. In general, hedge funds got more cyclical in 2021, shifting … Read more

Big bank stocks are ‘dirt cheap’ after posting earnings, Jim Cramer says

Big bank earnings are out and the results were positive enough to quell one concern about their valuations, CNBC’s Jim Cramer said Thursday. The stocks of large financial institutions like JPMorgan Chase and Wells Fargo have surged from last summer, far outgaining the market. Cramer, himself an alum of Goldman Sachs‘ investment shop, said their … Read more

Earning season is about to get underway and that could be a positive catalyst for stocks

A man wearing a protective face mask walks by 14 Wall Street in the financial district of New York, November 19, 2020. Shannon Stapleton | Reuters The earnings reporting season gets underway in the week ahead, and it is expected to be a positive catalyst that could continue to send stocks higher for now. The … Read more

Goldman Sachs recommends these stocks as the economy roars back to life

A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Investors and strategists expect the economy to roar for the rest of the year. Goldman Sachs has identified the companies that are likely to benefit from the bounce back. Source link

Banks stocks rise after hours as Fed sets date to lift buyback, dividend restrictions

Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters Bank stocks rose in extended trading on Thursday after the Federal Reserve announced its plan for lifting restrictions on dividends and buybacks from … Read more

Morgan Stanley sees 5 reasons why the bank stock rally will keep going, names top picks

A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Bank stocks have been among the biggest winners this year amid rising interest rates and the economic reopening, and Morgan Stanley believes the rally … Read more

His was 4 months behind on his rent. Why his landlord never mentioned eviction

Victor Washington fell behind on his rent during the pandemic. He and his landlord, Andrea Sorum, joined forces to keep him in his home. Source: Andrea Sorum At one point in the pandemic, Victor Washington was nearly four months behind on his rent. The problems began soon after he moved into the one-bedroom condo in … Read more

Cramer’s week ahead: The bond market is dictating stock trading

Tech stocks climbed Friday to end the week on a high note, but CNBC’s Jim Cramer expects more downside in the tech cohort as investors continue to rotate out of high-growth names. “Like it or not, stocks are joined at the hip with the bond market right now,” the “Mad Money” host said. As bond … Read more

Here are Warren Buffett’s biggest stock bets

Warren Buffett Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway released its annual letter to shareholders on Saturday, giving investors a look into the conglomerate’s top equity bets. The table below is a list of the largest holdings by market value of the Berkshire stake. Source link

These energy stocks loved by hedge funds are trouncing the market

A general view of Gunvor Petroleum or Rozenburg refinery in Rotterdam, Netherlands. Europe’s largest port covers 105 square kilometers (41 square miles) and stretches over a distance of 40 kilometers (25 miles). Dean Mouhtaropoulos | Getty Images News | Getty Images The energy sector has been the biggest winner this year by far amid an … Read more