Boosted by Quarterly Beat and AI's Breakout, Broadcom's Booming
Performance is excellent, free cash flow is robust, guidance is solid and sales are growing. Here's my one nitpick and how to play the stock.
Synopsys Needs to Catch Its Breath Before Making Further Gains
Traders should exercise patience and wait for a dip before probing the long side.
'Sticky Inflation' Isn't Going to Be Unstuck Anytime Soon
And the likelihood that inflation will be persistent should keep interest rates higher for longer, which will have multiple negative economic consequences.
Done Debt Deal, Fed Heads Tone It Down, AI Gold Mine, Wary Eye on Apple
Plus, a couple major stock indexes appear to be in better technical shape.
Will the AI Theme Continue to Protect the Market From Economic Fears?
The bulls are focused on stocks that are benefiting from AI while the bears argue these few names don't fix the other economic issues that are still lurking.
Sometimes It Pays to Look Down
This has been a stock-pickers market: It's narrow picking on the upside, sure, but I see lots of options on the downside.
Mega-Cap Tech Keeps Showing Wall Street Who's Boss
The action broadened on Thursday, but a small group of big stocks still dominated.
New BlackRock Funds Rely on Brainpower
Artificial intelligence is all the rage, but the BlackRock Large Cap Value and the BlackRock Flexible Income exchange-traded funds offer a bit of human touch.
As Mega Caps Soar, Contrarian Investors Face a Conundrum
At this point, everyone is painfully aware of the strength in AI names, and they are still chasing stocks like Apple and Nvidia.
Is Chewy Barking Up the Right Technical Tree?
Here's where a trade would be a fresh upside breakout and open the way to further gains.