Stock prices are now at 'more attractive levels' - Oppenheimer
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
BofA clients were were net sellers last week
May 7, 2024 1:58 PM EDTIn its equity client flow trends note this week, analysts at Bank of America said its institutional, hedge fund and private clients were all net sellers of US equities last week.
While buybacks remained strong, BofA noted single stock driven selling last week, with clients selling stocks but... More
JPMorgan Says US Forward Price-to-Earnings Ratio is 'Very Stretched'
May 7, 2024 7:05 AM EDTJPMorgan Says US Forward Price-to-earnings Ratio is 'Very Stretched'
The analyst comments "We are concerned about inflation staying too high if there is no slack created in the economy, adverse bonds demand-supply with negative term premia, consensus expectation of profit acceleration of almost 20% between Q1 and Q4 of... More
BTIG's Krinsky sees buying opportunity in China stocks despite bearish sentiment
May 7, 2024 6:19 AM EDTA BTIG analyst said in a note Tuesday that the current bearish sentiment and improving trend has created an attractive set-up for Chinese equities.
The analyst stated that after a rough start to 2024, the Hang Seng is now beating S&P 500 in the year-to-date, while sentiment is "still extremely... More
Selloff in equities pushed small cap stocks close to fair value - Jefferies
May 6, 2024 1:52 PM EDTFollowing a turbulent period of market volatility, small-cap stocks are inching closer to fair value, according to a note from Jefferies analysts on Monday.
Jefferies highlights the impact of the recent selloff on small-cap equities, positioning them in the 54th percentile of their absolute valuation model, close to... More
The re-test of 2024 high is coming: BTIG on S&P 500
May 6, 2024 1:28 PM EDTBTIG has analyzed market trends and predicted that the S&P 500 index will likely re-test its 2024 high.
The investment firm said in a research note Monday that the index, which is considered the best gauge of large-cap U.S. equities, is now firmly above its downtrend from... More
