This year, the energy sector has made a surprising comeback, outperforming nearly every other sector in the market. With a 17% increase, energy has overtaken the S & P 500, trailing only the media and entertainment sector, which has seen a 20% gain. In fact, energy has been the best performer over the past month,
Investing
Recently, Jefferies made the decision to upgrade U.S. shares of SQM, a Latin American lithium producer, from hold to buy. This upgrade came from analyst Alejandro Demichelis, who also raised the price target significantly. With a new price target of $62.80, there is now an upside of 31.9% for investors looking at SQM. Despite some
The recent surge in copper prices has caught the attention of investors looking to capitalize on this trend. The futures contract for May delivery of copper reached its highest level since January 2023, hitting $4.2565 last Thursday. This sharp rally in copper prices has sparked interest among market analysts and investors alike. According to Strategas,
Twilio is a renowned software and communications solutions company that boasts a cloud communications platform enabling developers to create, scale, and manage customer engagement within software applications. Despite a stock market value of $10.94 billion, or $60.08 per share, the company is facing challenges in profitability and growth, prompting activist involvement. Sachem Head, led by
In recent months, as the U.S. stock market rally has shown signs of strain, some of the largest commodity funds in the market have started to gain momentum. For example, as of April 5, the SPDR GLD Shares ETF (GLD) had seen a 7.9% increase over the past month and was trading at record highs.
In a recent investment outlook from BlackRock’s iShares strategy team, investors are advised to capitalize on spikes in bond yields and reinvest their cash. The year 2024 has seen surprisingly high readings for both economic growth and inflation, causing bond yields to surge. The 10-year Treasury yield reached a new high earlier this week, presenting
Investors who have put their money into short-term certificates of deposit (CDs) during the period of the Federal Reserve’s rate hikes now find themselves at a crossroads. With the yields of these investments reaching compelling levels, the looming question is what to do once the CDs mature. The initial allure of higher rates on CDs
The task of bringing inflation down is a complex and challenging one, according to hedge fund manager David Einhorn. In a recent interview with CNBC, Einhorn expressed his skepticism regarding the effectiveness of interest rate cuts by the Federal Reserve. He believes that fewer than three cuts may occur this year, and there is even
In times of market volatility and uncertainty, investors are often left wondering where to turn for solid investment opportunities. With the ongoing unease in the market, Piper Sandler has suggested that now might be the time to consider quality stocks as a safe haven for investment. The investment firm emphasizes the importance of focusing on
The stock market has seen a strong start in 2024, with the S & P 500, Dow Jones Industrial Average, and Nasdaq Composite all experiencing significant gains in the first quarter. However, the second quarter has brought some uncertainty, with all three major averages down more than 1%. This shift has led investors to seek