‘Old economy’ stocks look expensive, software screams cheap. How to proceed
Monday’s batch of Wall Street research made one thing clear: More people are starting to throw in the towel on software. While the sentiment makes sense — analysts aren’t blind to the price action and know their posture is out of step ahead of some key earnings reports — one has to wonder whether it […]
This one-time cybersecurity darling is hitting a rough patch. How to profit from its slide
While the Nasdaq and S & P 500 have been soaring for over four months, cracks are beginning to show in some of the tech darlings. Take Palo Alto Networks (PANW) , for instance. It experienced a whopping 60% surge from November 2023 to February 2024, riding high on the AI and tech bubble wave. […]
How to trade the biggest reports this week, including retail giant Walmart
Investors will get a glimpse this week on the state of the consumer with a slew retail companies slated to report earnings. Among the companies scheduled to post their earnings are Target, Walmart and Home Depot. Those reports will come as investors fret over the possibility of a recession taking hold next year. The third-quarter […]