The data suggests that the Federal Reserve Bank's campaign of rising interest rates -- designed to combat inflation -- may finally be having the desired effect. The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. ET. Read More...
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J.P. Morgan Sees 70% Upside for These 2 Auto Stocks
There’s been a lot of talk about the downward economic pressures that have pummeled the markets in 2022 – maybe too much such talk. Yes, the S&P 500 is down almost 21%, and the NASDAQ is down 35%, but investors can still find sound opportunities. J.P. Morgan analyst Ryan Brinkman has been sorting through the automotive industry stocks, and he’s found several that are worth a closer look. So let’s do just that. We know that the auto industry has its own particular headwinds, including the ongoing
