Retail investors eye Budget 2021 with lot of hope: 3 expectations from the Finance Minister
With an economy that is gradually reviving from a COVID-induced slump, all eyes will be on the Finance Minister, Nirmala Sitharaman, who will present the Union Budget on February 1. January 12, 2021 / 10:30 AM IST
The year 2020 was a roller coaster ride for investors, but benchmark indices managed to close the show with handsome return of about 15 percent each. The big winners of 2020 were the small & midcaps which will continue to remain in focus in 2021, suggest experts.
Despite a muted Budget for the stock market in the year 2020, retail investors jumped on D-Street. Data suggest that about 10 million new Demat accounts were opened last year amid the coronavirus outbreak which gave retail investors the extra time to study and manage stocks, according to media reports.
Medtronic (MDT) shares are pointing up, but investors should wait for more strength to buy the stock, writes technical analyst Bruce Kamich, who says the technical indicators are mixed for the big medical device maker and suggest bulls are not strongly behind the latest advance in the shares..MDT
Bristol-Myers Squibb Could Finally Make Its Move Traders should stay long and consider increasing their exposure. Stocks quotes in this article: BMY
For his second Executive Decision segment of
Mad Money Monday evening, Jim Cramer spoke with Giovanni Caforio, CEO of Bristol-Myers Squibb (BMY) , the drug maker that saw its shares up 4% Monday after presenting at the annual JP Morgan Healthcare Conference.
Caforio commented on Bristol s $13 billion acquisition of MioKardia, saying the company s drug Eliquis is first in class and expands their leadership position in the cardiovascular space. He said both companies will be even stronger together.
Caforio noted that Bristol has strong free cash flows.
Jim Cramer Picks His Favorite Technology Stocks in the Nasdaq
Author:
Broadcom (
AVGO) - Get Report delivered classic good numbers. It keeps buying back stock, raised a ton of money just now at incredibly low interest rates, has a great 5G portfolio, and it sells at 16 times earnings with a 3.3% yield. You want to sell that? How could I sell this Broadcom? What s the thesis for selling it? It’s up 6 points.
You want to sell AMD (
NVDA) - Get Report? Those are two of the greatest growth semis of the generation. The whole generation. That s Jensen Huang at Nvidia and Lisa Su at AMD.
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