Winning Stock Plays

Salem Abraham’s Abraham Fortress Fund has beaten 96% of opposing funds this year. Managing downside risk through diversification has been his key to success. Here are Abraham’s favorite investing ideas and four stocks that are among his largest holdings. At first glance, it might seem like the city of Canadian, Texas would be an odd… Continue reading A veteran fund manager shares how he’s beaten 96% of peers this year while minimizing risk — and makes the case for 4 of his top investing ideas despite seeing downside risk for stocks

The stock market has further room to fall if the economy enters a recession, according to Goldman Sachs.The bank lowered its year-end S&P 500 price target for the third time this year to 4,300.Slower economic growth and higher-than-expected interest rates fueled Goldman’s market call. Loading Something is loading. The S&P 500 is set to continue… Continue reading Goldman Sachs lowers its S&P 500 price target for the 3rd time this year and says a recession would cause the stock market to fall another 11%

Twitter stock is now back to its lowest position since Elon Musk announced a 9% stake in the company in early April. Shares fell 6% to $38.31 Monday after tumbling 10% on Friday, when Musk said the deal is on hold. That’s below the $39.31 closing price on April 1, the last trading day before… Continue reading Twitter stock has fallen back to where it was before Elon Musk sparked takeover speculation by disclosing a 9% stake

Data this week showed inflation in April was still running hot and may not have peaked. Wall Street watchers like Mohamed El-Erian and Bill Gross say the Fed will need to get tougher on inflation.  The Fed’s next policy meeting is in June, and could see it raise interest rates sharply. Loading Something is loading.… Continue reading Inflation isn’t going away any time soon and the Fed may have to clamp down on it even harder. Here’s what Wall Street experts including Bill Gross think

US corporations can save the stock market by returning some cash to investors, Bank of America said.The bank estimates US corporations have $7.1 trillion in liquid assets that can be returned to investors via dividends and buybacks.”Corporate debt levels are the lowest in decades, leaving ample room to calm nervous shareholders,” Bank of America said.… Continue reading The stock market’s ‘best hope’ this year is for companies to return some of their $7.1 trillion cash pile to investors, Bank of America says

Tether survived another market event that saw the stablecoin briefly lose its one-to-one US dollar peg. Experts say this could lead to more clarity from the company on what assets are backing Tether.  Tether is the largest stablecoin with a market cap of $80 billion. Loading Something is loading. The stablecoin shockwaves rippling through the… Continue reading Tether losing its one-to-one US dollar peg exposed its vulnerability and a way to build confidence in the stablecoin

Tech stocks have been crushed this year, but analyst Dan Ives says it’s not another dot-com  bust. Ives says Wall Street estimates for most tech companies won’t come down very much. He tells investors what they should buy in large cap tech, cyber security, and other key areas. Wedbush technology analyst Dan Ives wants investors… Continue reading Famed tech bull Dan Ives says investors should buy these 22 stocks to make a diversified portfolio of future winners that emerge from the ‘massive overcorrection’ that is slamming the sector