The first few trading days of January have reminded investors that we’re still operating in a manic market. Each of the major indexes has closed at a new all-time high in January, and as of the market opening on Jan. 8, all the indexes were positive for the year.
Source: https://www.marketbeat.com/originals/3-stocks-positioned-for…
Microsoft stock is trading down big despite solid growth for the company. Nvidia and Broadcom see huge computing demand.
Analysts at JP Morgan retain AngloGold Ashanti Limited (ADR) (NYSE:AU) and Fresnillo PLC (LSE:FRES) as top picks, citing “strong mark-to-market upgrades”, as the bank also lifted its long-term gold price assumption to $4,500 an ounce. These miners offer investors additional potential for cash returns, and scope for re-ratings relative to peers, the bank said in a note.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
