Utility Stocks Making Comeback on Hopes for Stimulus Plan
Hopes for a political agreement on how to stimulate the U.S. economy has provided a boost to downtrodden utility stocks.
Hopes for a political agreement on how to stimulate the U.S. economy has provided a boost to downtrodden utility stocks.
It seems almost impossible and even feels treasonous to consider that utilities could potentially have problems with their dividends.
Defensive stocks are supposed to hold up well in rocky markets. When the markets get so bad that everything becomes a source of funds for needed cash and liquidity, even the most…
Thursday's top analyst upgrades, downgrades and initiations included Akamai Technologies, Anheuser-Busch InBev, Boeing, BP, Comcast, Duke Energy, Gap, Kinder Morgan, Lyft, Occidental Petroleum, Snap, Tesla and Walt Disney.
24/7 Wall St. has tracked some of the stocks that are either defensive in general or that are defying Monday's big drop in the markets.
Friday's top analyst upgrades, downgrades and initiations included Alkermes, Aurora Cannabis, BlackRock, Duke Energy, Nvidia, Ralph Lauren, SunPower, Veeva Systems and Yelp.
24/7 Wall St. has put together a preview of Cisco, Lyft, Nvidia and a few of the other most anticipated quarterly reports due this week.
The coronavirus panic helped the Dow sell off 600 points on Friday and many market leaders like Apple, Microsoft and others took big hits. On top of Amazon, there were some other…
SunTrust Robinson Humphrey has previewed earnings for the electric utilities, and the firm sees upside in several companies.
Monday's top analyst upgrades, downgrades and initiations included Alexion, American Water Works, Apple, Schwab, Crowdstrike, FedEx, IBM, Microsoft, Nvidia, Ryanair and Tesla.
Friday's top analyst upgrades, downgrades and initiations included Baidu, Cerner, Duke Energy, Hertz, JD.com, Luckin Coffee, Macy's, Teladoc, Uber Technologies and Waste Management.
Thursday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, Applied Materials, Carnival, Dell, Karuna Therapeutics, Lowe's, Noble Energy, PayPal, Square, Target and Virgin Galactic.
Duke Energy, which is generally considered a bellwether for utilities, reported its most recent quarterly results before the markets opened on Friday.
24/7 Wall St. has taken a look at the defensive stocks that are holding up fine on a day that the Dow Jones industrials and the S&P 500 were down handily.
24/7 Wall St. has put together a preview of the most prominent earnings reports expected this week, including CVS, Disney and Uber.