Weekly Top Picks: 5 stocks with score improvement and upside potential of up to 41%

In the last one month stocks from different sectors have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement […]

Penny stocks vs high-priced stocks: Which ones are hidden gems?

Misconceptions about the stock market often cause investors to miss out on opportunities. High-priced stocks surge to new heights, providing substantial returns, whereas penny stocks frequently lead to losses. Investors should recognize that a stock’s price does not always correlate to its valuation and look at the underlying fundamentals.

Defiant stock bulls are acting like the earnings recession is a hoax

Despite concerns over lousy earnings, large technology-related firms are on track to increase their combined profits to $315bn by 2023, which is almost double their pre-pandemic earnings in 2019. This growth rate could justify the stock market’s surge despite the current economic climate.

S&P 500 above 4,400 leaves no room for more gains: Citigroup

Citigroup strategists predict that the US bull-market rally in stocks is set to end. The bank has maintained its prediction of S&P 500 Index tumbling to 4,000 by year-end, with a new target of 4,400 by mid-2024. Citigroup has highlighted a looming US recession and apparent wariness among investors surrounding the S&P 500’s breakout.