The Energy sector has been the worst-performing market sector in 2015, and the Energy Select Sector SPDR ETF XLE 0.65% has fallen 14.9 percent versus the S&P 500’s 3.8 percent decline year-to-date. For the first time in two months, Credit Suisse analysts have updated their top Energy stock picks in 10 different subsectors.
The Consumer Discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary Select Sector SPDR ETF XLY 0.12% has gained 5.7 percent versus the S&P 500’s 3.8 percent decline year-to-date. For the first time in two months, Credit Suisse analysts have updated their top Consumer Discretionary stock picks in…
In a new report, Pacific Crest analyst Andy Hargreaves previewed what he believes will be a tough earnings report for Apple shareholders.
Stelios Papadopoulos, chairman of Biogen Inc BIIB 1.18% and affectionately referred to as the “Godfather of Biotech,” recently updated his massive database of historical biotech IPO data. Papadopoulos collects his data on his own, and his latest charts provide some helpful insight into the biotech IPO climate.
Leerink Partners recently hosted a Rare Disease Roundtable that included fireside chats with 24 biopharmaceutical companies. Following the event, analyst Joseph Schwartz released a report that included a list of 20 Outperform-rated names that attended the roundtable.
On Monday, rival fantasy sports companies DraftKings and FanDuel released joint statements defending the integrity of their operations after news broke that a DraftKings employee inadvertently released data prior to the start of week three NFL games and subsequently won $350,000 playing on FanDuel that same week.
The price of Brent crude oil, the global benchmark, reclaimed the $50/bbl level in trading on Tuesday for the first time in two weeks on speculation that global producers may soon be acting in cooperation to help support oil prices. The massive supply glut that has crushed oil prices over the past year has so…
Microsoft has started off strong again this week, surging more than 2.6 percent in late-day trading on Monday. Without any major news, Microsoft shareholders now find themselves up 7.9 percent in the past five trading days and 15.4 percent since the Black Monday crash on August 24.
Shares of 8Point3 Energy are down 41.7 percent from their opening share price following the solar company’s summer IPO back in June. However, ROTH Capital Partners maintains its positive outlook for the stock. In a new report, analyst Philip Shen explained why he believes traders should be buying the dip.
Many specialty pharmaceutical stocks have been hit hard recently on fears surrounding the potential for major reforms in drug pricing regulation. However, according to Leerink analyst Jason Gerberry, the majority of investor fears are unwarranted.