With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue. The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
The stock market is supposed to be efficient, discounting all available information into corporate valuations immediately. It’s pretty good at being efficient, but not everything makes sense all the time. Take the multi-trillion-dollar car industry. It isn’t easy to square how shares of different auto makers are valued. Start in the U.S. General Motors and … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
Kyla Scanlon is hardly your typical markets commentator—but then again how many 16-year-old girls growing up in Louisville traded stock options on the weekend. “It was just something interesting to do. My parents were supportive,” she says. “My dad dabbled in it and so he was like, ‘this is a cool way for you to … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
Technology stocks have had a stellar 2023 so far, but the tide may be beginning to turn. Apple has lost $190 billion in market value over the past two days after reports emerged that China is banning government officials using iPhones, and other foreign-branded devices, at work. Another stock market influencer, Nvidia , is also … Read more
September is here, and that can mean only one thing—it’s time to give up and go home. Or maybe not. There’s a lot to like about September. Temperatures are cooling, days are getting shorter but not too short, kids are going back to school, and the leaves are getting ready to turn. For the stock … Read more
Tesla Finally Raised Prices. Why the Stock Is Tumbling. Barron’s Source link
Updated Aug. 29, 2023 12:00 am ET Listen to article (2 minutes) BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link