Morgan Stanley says go long quality growth over lower quality cyclicals

Microsoft (MSFT) PT Raised to $470 at Citi

Citi analyst Tyler Radke raised the price target on Microsoft (NASDAQ: MSFT) to $470.00 (from $432.00) while maintaining a Buy rating.

The analyst comments "We are reiterating our Buy rating, raising estimates and target price on MSFT. Our latest round of fieldwork (reseller survey,... More

NVIDIA target lifted at CFRA as investors are 'underestimating software revenue potential'

The NVIDIA (NASDAQ: NVDA) price target was raised to $700 from $00 at CFRA Research on Tuesday, with analyst Angelo Zino maintaining a Buy rating on the stock.

Zino told investors in a note that they are keeping their FY 24 (January) EPS estimate at $12.29 but... More

NVIDIA (NVDA) PT Raised to $700 at CFRA

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $700.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "
We raise our 12-month target price to $700 from $600, on P/E of 29x our CY 25 EPS view, above peers... More

Bank of America's client flows show 7th week of inflows to stocks

Bank of Americas client flow trends show significant stock inflows, the largest since mid-December, with clients net buying US equities for a second consecutive week.

Inflows amounted to $3.3 billion, the highest in five weeks, according to equity strategist Jill Carey Hall.

This buying trend has been... More

These stocks could benefit following the Microsoft (MSFT) corporate systems breach

JPMorgan analyst Brian Essex said in a research note Monday that they think Security Software vendors that compete with Microsoft (NASDAQ: MSFT) in their core markets will benefit from the recent breach.

The comments come after Microsoft disclosed a breach of its corporate systems Friday afternoon after market close.

"Some may interpret... More

Salesforce (CRM) a top pick at Morgan Stanley as valuation 'compelling'

Salesforce (NYSE: CRM) shares are up around 1% after the company was designated a top pick at Morgan Stanley on Monday, with analysts at the bank flagging the company's solid risk/reward.

The firm, which already has an Overweight rating and a $350... More

Hedge funds are buying tech stocks at a rapid pace - Goldman

Global hedge funds are having a notable shift in sentiment towards U.S. technology stocks, actively accumulating positions in the sector at the swiftest pace in two months, according to Goldman Sachs.

The renewed optimism surrounding artificial intelligence (AI) and a positive outlook for major global tech entities... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Are new highs sustainable?

The S&P 500 (SPX) hit a new record high last week after finally clearing 4,818.62 the level set in the first week of 2022. The index gained 1.2% last week and is now likely to continue pushing toward the psychologically-important 5,000 level.

Nasdaq Composite Index (IXIC) jumped 2.3% as tech stocks continue to ride the AI momentum. The index closed the week at 15,310.97 with the record high sitting at 16,212.23. Finally, the Dow Jones Industrial Average (DJI) was up 0.7%, marginally posting a new record high as the bulls continue closing in on 40000.

This weeks economic calendar is full of important data,... More

Margins will be the key driver of S&P 500 ROE in 2024 - Goldman

Goldman Sachs strategists anticipate a favorable outlook for the S&P 500's return on equity (ROE) in 2024, driven by potential improvements in profit margins.

The team, led by David Kostin, foresees a slight expansion in ROE, primarily attributed to enhancements in EBIT (earnings before interest and taxes)... More

Citi answers the question: Is S&P 500 expensive?

Citi strategists led by Scott Chronert weighed in on the debate if the S&P 500 valuation is too rich following the recent rally in risk assets.

Strategists argue that elevated price-to-earnings (P/E) ratio is misleading, primarily driven by mega-cap growth stocks.

The S&P 500 is not as expensive as the... More