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Starbucks Aims to Open 1,000 Stores in India by 2028
Barrons· 2024-01-09 09:50
Starbucks is once again looking to Asia to supercharge its sales growth abroad. But this time, rather than focusing on China, the coffee giant is doubling down on a new economic force in the region: India. ...
Buy Boeing Stock After MAX Incident, Says Wall Street. But Do It With Eyes Wide Open.
Barrons· 2024-01-09 08:21
Boeing is scrambling to contain the fallout from another 737 MAX problem, leaving investors with a tough choice—buy, sell, or hold Boeing stock. Wall Street is defending shares, but investors should still run through some best- and worst-case scenarios before making any decisions. ...
6 Losing Stocks That Look Ready to Become Winners
Barrons· 2024-01-08 22:28
Investors have to get creative right now to find cheap stocks in the S&P 500, with the index up 15% from a low point in late October and nearing its record high. ...
Nvidia and 2 Other Best Chip Stocks to Buy for 2024, Says Analyst
Barrons· 2024-01-08 19:04
Nvidia and 2 Other Best Chip Stocks to Buy for 2024, Says Analyst ...
Deere Stock Gets a New Bull, Loses an Old One
Barrons· 2024-01-08 17:17
Deere stock is in an interesting situation on Monday. The maker of heavy machinery picked up one new Buy rating as another analyst downgraded shares to Hold from Buy. The new Buy rating provides some ballast for shares, but the downgrade is winning in early trading Monday. ...
Bank of America Stock Falls on $1.6 Billion Pretax Accounting Charge
Barrons· 2024-01-08 16:54
Shares of Bank of America were falling Monday after the bank said it would recognize a net non-cash pretax charge of about $1.6 billion in the fourth quarter as Bloomberg stops publishing an index for short-term rates that had served as an alternative to Libor, or the London Interbank Offered Rate. ...
Amex Is a Sell for Analyst. Wells Fargo and Capital One Get Downgrades, Too.
Barrons· 2024-01-08 16:30
American Express shares posted solid gains last year, but one Wall Street team thinks the good times are over for the credit-card stock—and now is the time to sell. ...
Apple Stock Has Been Hit. Buy the Dip, This Analyst Says.
Barrons· 2024-01-08 15:54
Apple has started the new year on a downbeat note amid fears over iPhone sales and antitrust issues. That has created a buying opportunity, according to Evercore analysts. ...
Lululemon Stock Drops as Guidance Boost Isn't Enough
Barrons· 2024-01-08 12:36
Shares of Lululemon Athletica were trading lower after the maker of exercise apparel raised its financial forecasts for the fourth quarter but the earnings guidance at the low end was just shy of analysts’ estimates. ...
Nvidia Stock Faces a China Test. AI Chip Exports Are a Crunch Issue.
Barrons· 2024-01-08 12:12
Nvidia is kicking off the new year with the focus on its exports to China. The chip maker still looks to be struggling to balance the demands of Chinese customers and U.S. regulators. ...