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Top Wall Street analysts like these stocks coming out of earnings season


Top Wall Street analysts like these stocks coming out of earnings season
CNBC
1/31/2021
© Provided by CNBC
Johnson & Johnson products on a shelf in a store in New York.
It was a busy week for Wall Street. Heavyweights like Apple, Microsoft, Facebook, Boeing and Tesla, among others, stepped up to report their earnings for the most recent quarter.
However, some analysts and strategists were more focused on guidance and looking ahead. As earnings season gets underway and gathers momentum a key factor to Q4 earnings season will be not just how expectations were met, missed, or exceeded in the quarter but how managements of the companies reporting frame the quarters that lie ahead, Oppenheimer s John Stoltzfus commented. ....

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U.S. Stock Futures Rise Slightly as Traders Await Results From Georgia Runoff Elections


Business
1 hour ago
Stocks closed off their highs, and the CBOE Volatility Index, a gauge of investor fear, moved higher heading into the close, as protestors stormed the Capitol just after lawmakers met to count the Electoral College votes and declare Joe Biden the presidential election winner. Still, the Dow and S&P 500 closed solidly higher on the day and Treasurys, normally a safety trade, declined.
The 10-year Treasury note yield topped 1% for the first time since March. At market close, the benchmark rate was at 1.03%. Yields move inversely to prices.
Democrat Raphael Warnock was projected to win the Georgia U.S. Senate special election runoff against incumbent Republican Kelly Loeffler, according to NBC News. In the other Senate runoff election, Democrat Jon Ossoff was also projected to defeat Republican Sen. David Perdue, NBC said. ....

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Experts Are Warning That The Stock Market Could Fall Dramatically If Democrats Take Control Of The Senate – Investment Watch


The results from Georgia are going to have enormous implications for the financial markets.  If Democrats win both of the seats that are up for grabs, that will give them control of the Senate, the House of Representatives and the White House.  For the first time since the first two years of Barack Obama’s presidency, the Democrats would have an opportunity to advance their agenda without compromising with the Republicans, and that is extremely frightening for investors.  The Democrats have made it very clear that they intend to raise taxes on big corporations and the ultra-wealthy, and that wouldn’t be good for the stock market bubble at all. ....

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The S&P 500 could soar 18% in 2021 as social and economic disruptions from the pandemic reverse, says a Wall Street chief strategist


Oppenheimer s
John Stoltzfus.
The chief investment strategist said that the successful rollout of several COVID-19 vaccines will lead to material progress in reversing the societal and economic disruptions wrought by the pandemic since Q1 2020.
Oppenheimer is overweight US equities and favors meaningful exposure to international developed and emerging
markets.
The firm is the latest on Wall Street to initiate a double-digit 2021 year-end price target for the S&P 500.
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The S&P 500 could hit 4,300 by the end of 2021, nearly an 18% gain from current levels, according to Oppenheimer s John Stoltzfus.
The chief investment strategist initiated Oppenheimer s price target for the benchmark index on Monday, citing the successful launch of a COVID-19 vaccine and supportive monetary policy as the key factors leading to equity gains next year. ....

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