After an epic first half of the year, there are a handful of stocks that missed out on the rally. Traders and analysts say these 4 underperforming stocks look poised to head higher in the last six months of the year.
Read MorePlus, Walgreens delivered better-than-expected earnings results, GM said its vehicle sales in the second quarter were slightly lower than expected, and Amazon is opening a “Development Center” in Helsinki to focus on new technology for autonomous delivery vehicles.
Read MoreThese 3 videogame stocks got a boost this week after MoffettNathanson initiated coverage. But all three have been underperforming the market this year, which traders say is a buying opportunity. Here’s why.
Read MorePlus, Bed Bath & Beyond said sales rose nearly 50% in the first quarter, Plug Power got a new Buy rating, and Taboola has gone public via a SPAC acquisition.
Read MorePlus, JPMorgan is buying OpenInvest, Walmart will start offering its own brand of analog insulin at a cheaper price for diabetes patients, and Capri Holdings raised its revenue guidance for the year on rising luxury sales.
Read MorePlus, cryptocurrency exchange Binance was banned from operating in the U.K., the FAA said Boeing’s 777X plane isn’t ready for a significant certification step, and U.S. lawmakers are investigating Biogen’s new Alzheimer’s drug over price concerns and doubts about its effectiveness.
Read MorePlus, Virgin Galactic shares skyrocketed after the FAA granted the company the license it needs to fly passengers on future spaceflights, Microsoft unveiled its Windows 11 operating system, and Google announced it is pushing back its timeline to kill third-party tracking cookies to 2023.
Read MoreMicrosoft just joined Apple in the $2 trillion valuation club. The question is, which stock is a better right now?
Read MoreAmazon held its two-day Prime Day event this week, but one trader says there’s another e-commerce stock that looks like a better option now.
Read MorePlus, Olive Garden-parent Darden said its same-store sales have nearly returned to pre-pandemic levels, Elon Musk said SpaceX’s Starlink will go public when its cash flow is more predictable, and jobless claims came in above expectations.
Read MorePlus, Bitcoin rebounded, Southwest Airlines CEO Kelly will step down next year, and GlaxoSmithKline is spinning off its consumer products business to focus on reviving its drug unit.
Read MorePlus, GameStop said it raised $1.13 billion through the sale of 5 million additional shares, McDonald’s said it is launching its loyalty program on July 8, and Splunk announced a $1 billion investment from Silver Lake.
Read MorePlus, Uber is acquiring the remaining stake in grocery delivery start-up Cornershop, Wingstop is launching its new Thighstop brand, and salad chain Sweetgreen has reportedly confidentially filed to go public.
Read MorePlus, Boeing’s largest 737 Max plane is expected to take its initial flight today, Morgan Stanley said Facebook remains its top social media stock pick, and Adobe delivered an earnings beat.
Read MoreAn RBC analyst issued an Outperform rating for one under-the-radar restaurant chain this week, but traders say there are 2 better restaurant stock picks now.
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