In the midst of ongoing manufacturing issues plaguing Boeing, Artisan Partners’ Chris Smith suggests that GE Aerospace is poised to come out on top. Smith points out that GE has essentially established a monopoly with their new leap engine, set to be featured on all new narrow-body planes. This engine is projected to power more
Investing
The past month has been challenging for Bitcoin, with the leading cryptocurrency experiencing a 10.25% slide – its worst performance since April. This decline was reflected across the crypto market, with ether dropping 23.66% in its third monthly drawdown and worst month since June 2022. Despite isolated success for Bitcoin due to ETFs in 2024,
August was a tumultuous month for the stock market, with fears of a looming recession sparking a global sell-off. The Dow Jones Industrial Average experienced its worst day in almost two years, dropping over 1,000 points in a single session. This drastic decline caused chaos in the market and raised concerns about the state of
Netflix has been making waves in the stock market, reaching a record high in August. Analysts are optimistic about the future of the stock, believing that there is still room for growth. Despite facing stiff competition in the streaming sector and a slowdown in consumer spending, Netflix has managed to thrive in 2024, with shares
Goldman Sachs has identified CAE as an undervalued stock with significant growth potential. The Canadian training and simulation provider has been unfairly punished in the market due to struggles in its civil aviation and defense divisions. However, analyst Noah Poponak believes that the stock is undervalued and offers a compelling investment opportunity. Despite a 17%
As the market heads into September, investors are keeping a close eye on stocks that are showing signs of bullish momentum. After a slow start in August, the market ended with gains for all three major indexes. This article will analyze a handful of stocks that are poised for a strong September based on their
Investors seeking to increase their income in a low-interest-rate environment may want to consider utilizing covered call strategies with their stock portfolios. This approach, also known as call writing, involves selling call options on stocks that investors already own. By doing so, investors can generate additional income through the premiums received from selling these options.
As we enter the month of September, investors are bracing themselves for potential market volatility. Historically, September has been a challenging month for the stock market, with the S & P 500 index typically experiencing a decline. According to the Stock Trader’s Almanac, September is known for being one of the weakest performing months for
In recent years, there has been a noticeable shift in consumer preferences when it comes to athletic footwear. According to a report by Stifel Financial, young consumers are increasingly turning to brands like New Balance and Adidas Sambas, rather than sticking with the traditional Nike offerings. While Nike still holds the top spot with its
Nvidia (NVDA) has been a key player in the AI-driven market rally, thanks to its dominance in GPUs essential for AI computation. However, as the market becomes more cautious about the high capital expenditures needed to sustain this growth, investors are looking for clearer signs of when these investments will result in significant revenue. With