These are the stocks to watch in 2020, Wall Street analysts say

Nvidia is not a buy until it reaches this level, chart analyst says

Move over AMD. There could be a new king of the chipmakers in the next few months, according to Citi analysts. The firm put Nvidia on its “positive catalyst watch,” and named it its top semiconductor pick for the next few months. Analysts cited strong data-center growth in 2020. Another Wall Street trader is bullish … Read more…

AMD launches 7-nanometer Ryzen 4000 7-nanometer chips

AMD launches 7-nanometer Ryzen 4000 7-nanometer chips

Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD announced new PC chips and graphics cards that they claim can deliver better performance than alternatives from Intel and Nvidia. Chip stocks have done well ahead of the widespread launch of fast 5G networks. The PHLX semiconductor index rose 60% in 2019, outperforming the S&P 500, … Read more…

What happened to stock market Thursday: Momentum carries into 2020

What happened to stock market Thursday: Momentum carries into 2020

Dow Jones Industrial Average rises 330 points The Dow jumped 330.36 points, or 1.16%, to end the day at 28,868.80. The S&P 500 gained 0.84% to close at 3,257.85. The Nasdaq Composite advanced 1.33% to 9,092.19. The major averages notched record highs, led by semiconductor stocks. 2019 momentum carries into 2020 It was the first … Read more…

Value is beating growth only because of the way Apple is classified

Value is beating growth only because of the way Apple is classified

I have written before about the shift that appeared first in September when investors dumped their tech-heavy winners and bought barrels of underperforming financials, industrials, old-tech names, and even banks. My interest was more than academic; being on the wrong side of that trade, our firm experienced some of the worst singles days of relative … Read more…

Global stock markets gained $17 trillion in value in 2019

Here are Wall Street’s favorite stocks for 2020

Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters The S&P 500 has risen nearly 30% this year on the back of stocks like Apple and AMD. The following stocks are Wall Street analysts’ picks to lead the benchmark in 2020. CNBC identified these stocks by … Read more…

Apple and AMD were the best stocks of 2019

Apple and AMD were the best stocks of 2019

Major stock indices are up huge in 2019 thanks in large part to the success of some key technology stocks. Apple led the way for the Dow Jones Industrial Average, gaining roughly 84% so far. For the S&P 500, it was Advanced Micro Devices that took the crown, rising more than 150% since the start … Read more…

Tech stocks closing out best year in a decade, led by Apple and AMD

Tech stocks closing out best year in a decade, led by Apple and AMD

Apple CEO Tim Cook arrives for Apples “The Morning Show” global premiere at Lincoln Center- David Geffen Hall on October 28, 2019 in New York. Angela Weiss | AFP | Getty Images Tech stocks are about to close out their best year since the rebound from the financial crisis. With December winding down, the S&P … Read more…

AMD and other top stocks this year have something in common

AMD and other top stocks this year have something in common

The three top stocks in the S&P 500 are all chipmakers. Advanced Micro Devices, Lam Research and KLA have all raced ahead of the pack this year, climbing by at least three times the S&P 500’s gains. The broader SMH semiconductor ETF is also on a tear, looking to close out its best year since 2003. Mark … Read more…

Uber, AMD, Kodiak Sciences & more

Uber, AMD, Kodiak Sciences & more

A banner announcing the IPO of Uber Technologies hangs outside the New York Stock Exchange, May 10, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading: Uber — Shares of Uber dipped nearly 1% after the ride-sharing company said Travis Kalanick, its former CEO, will step down from the company’s … Read more…

FedEx, Cintas, Steelcase and more

Advanced Micro Devices, FedEx & more.

A FedEx plane is parked at Ontario International Airport on February 4, 2019. Here are the biggest calls on Wall Street on Tuesday: Argus downgraded FedEx to ‘buy’ from ‘hold’ Argus downgraded the stock and said it has “little confidence” in the company’s “near-term earnings power.” “The shares have fallen sharply in 2018-2019 though, on … Read more…