finance on localnews page 162

Tech companies are in the spotlight today, as experts share their views on Itron and Logitech. Starting with Itron, their stock price is soaring, recently closing at $105.77, just shy of its highest point this year at $113.07. One analyst, Osborne, has a great track record, with an average return of

Why Healthcare Could Be a Winning Investment by Year-End

If you're on the lookout for a sector to invest in as 2024 comes to a close, healthcare could be a smart choice. Historically, the Health Care Select Sector SPDR Fund (XLV) has seen November gains in eight out of the past ten years. Moreover, it has moved upwards in December in four of the last five

'AI in Finance: Hype vs. Reality'

Lots of financial firms are talking about how great AI is, but many aren't seeing real results yet. Edward J Achtner, the head of generative AI at HSBC, thinks a lot of what's happening is just "success theater." He said at the CogX summit in London that companies need to be smart about where they u

Hurricane Milton: Which Insurance Stocks Are in the Eye of the Storm?

Hurricane Milton is making waves in the insurance industry. Though it's lost some steam, dropping to a Category 4 storm, experts warn that it's still a major threat. The hurricane is expected to hit Florida's west coast sometime on Wednesday or Thursday. Analyst Paul Newsome from Piper Sandler says

Don't Expect Cheaper Loans Anytime Soon

The US economy looks pretty strong, but that's bad news for people hoping to borrow money at lower interest rates. Despite expectations for cheaper borrowing costs, the job market and economy are doing surprisingly well. This is a big problem for those who want to buy houses, cars, or just use their

Jim Cramer: Don't Let Downgrades Sway You

October 8, 2024

Jim Cramer, a financial expert from CNBC, advised investors not to be swayed by stock downgrades or daily market fluctuations. He emphasized the importance of sticking with strong companies even when their share prices fluctuate. Cramer recalled the history of the long bull market, noting how downg

Why We're Uncomfortable Talking About Money

Money matters can be a tough subject to bring up, even with close friends and family. A recent survey found that most adults in the U.S. prefer discussing politics or religion over their finances. Surprisingly, 62% of people feel highly uncomfortable sharing their financial details with loved ones. ...

Can EVgo's Chargers Boost Stock by 80%?

JPMorgan has some interesting news for investors. They think EVgo, a company that owns and runs fast electric vehicle chargers, might see its stock value jump by nearly 80%. This is due to their unique business model. On Thursday, the firm raised their rating on EVgo's shares from neutral to overwei

Is Micron a Smart Buy? A Young Investor’s Guide

Are you thinking about investing in Micron (NASDAQ: MU)? Let's explore the idea of "bottom fishing" for buy signals. Imagine you're at a pond, trying to catch the best fish with your net. In the stock market, "bottom fishing" means looking for stocks that are undervalued but have potential to rise a

Janet Yellen: AI in Finance Can Be a Mixed Bag