Page 42 - Tock Picking News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. GS says US GDP growth will likely peak this quarter and decelerate for the rest of the year.  It sees growth remaining above consensus estimates and trend, which can delay a shift to defensives. Meantime, global growth continues accelerating, which benefits stocks that follow economic trends.  US GDP growth is likely to peak this quarter and decelerate throughout the rest of the year as fiscal stimulus and economic reopening tailwinds reach their maximum i...

Strong economic data and earnings results helped boost confidence in the progress of the reopening.  Due to vaccine distribution and a broader herd immunity approach, dividends might increase in 2021. UBS named 16 stocks it expects to offer brisk dividend growth and over 10% upside to price targets. While fourth-quarter earnings in 2020 set the bar pretty high, the first-quarter season got off to a good start as big Wall Street banks crushed analyst estimates. JPMorgan surprised analysts by reporting $33.1 billion in revenue, which exceeded the $30.4 billion estimate. Goldman Sachs also bea...