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Is Apple Stock Going to $195? 1 Wall Street Analyst Thinks So.

Widely followed Wall Street analyst Toni Sacconaghi put out a new report on Apple (NASDAQ: AAPL) on Monday. The Bernstein analyst had recommended investors just hold shares in the iPhone maker. Now, ahead of its quarterly earnings report expected later this week, Sacconaghi says it's time to buy Apple stock.The analyst's "outperform" rating comes with...

Wed May 1, 2024 11:59
Chevron Remains Confident It Will Close This Needle-Moving Acquisition

Chevron's (NYSE: CVX) share price has underperformed oil prices and other energy stocks over the past few months. A big factor driving that relative underperformance is the uncertainty surrounding its massive acquisition of Hess (NYSE: HES). That's after rival ExxonMobil (NYSE: XOM) launched an arbitration case to assert its rights to buy Hess' stake...

Wed May 1, 2024 11:30
Nvidia Could Help This Stock-Split ETF Turn $200,000 Into $1 Million in 10 Years

Artificial intelligence (AI) could be one of the most valuable opportunities in history for investors, and the semiconductor industry is at the heart of it. Nvidia (NASDAQ: NVDA) CEO Jensen Huang believes there is a whopping $1 trillion worth of existing data center infrastructure that must be upgraded with new chips to support demand from AI developers.Nvidia...

Wed May 1, 2024 11:30
My 5 Favorite Artificial Intelligence (AI) Stocks to Buy in May

It's easy to get swept up in the hype surrounding artificial intelligence (AI). Some of the predictions experts are making won't come true. On the other hand, they could be underestimating the changes AI could bring in some ways. That's how it's always been in the early days of a game-changing technology.Make no mistake, though: AI is a game-changing...

Wed May 1, 2024 11:30
Why Alphabet Stock Can Outperform for a Decade

Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) core business looks stronger than ever and is trading for a reasonable multiple for investors. But there's a lot of growth ahead for growth businesses like Google Cloud and Waymo, which Travis Hoium covers in this video.*Stock prices used were end-of-day prices of April 29, 2024. The video was published on April...

Wed May 1, 2024 11:30
Does Costco's Huge Dividend Raise Make It a Screaming Buy?

For the most part, companies that consistently raise their dividends tend to do so at modest, if not incremental, rates. By contrast Costco (NASDAQ: COST) has enjoyed blasting its payout well higher, as its recent annual raises have tended to hover around the mid-teen percentages. Sure enough, in mid-April, the big retailer declared that its upcoming...

Wed May 1, 2024 10:30

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