Tag: Market
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Building Success: Ferguson’s Strategic Market Rise (NYSE:FERG)
onurdongel Introduction As the United States enters a phase of intensified investment in infrastructure, the role of Ferguson Plc (NYSE:FERG) becomes increasingly important. Specializing in distributing various plumbing and heating supplies, Ferguson is a significant entity in the supply chain for infrastructure projects. Originating from a background in sheep shearing machinery, the company’s journey to…
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Stock market holiday today: BSE, NSE to remain shut for Christmas
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain shut on December 25 on account of Christmas. There will be no trading in equities, equity derivatives, interest rate derivatives and currency derivatives, while securities lending and borrowing will also not take place on Monday. Wholesale commodity markets, including metal and bullion,…
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Global Blue: This Forgotten Market Leader Could Be Set To Double (NYSE:GB)
Cineberg/iStock Editorial via Getty Images Global Blue (NYSE:GB) is a company indirectly exposed to international travel and luxury goods. It is a clear market leader in its two primary businesses and has a new growth vertical. Global Blue is partly still in recovery from the rough years of pandemic. However, its revenue and operating margin…
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Seneca Foods: An Extremely Undervalued Market Leader (And Net-Net) (NASDAQ:SENEA)
toddtaulman Seneca Foods (NASDAQ:SENEA) is a small-cap canned vegetables manufacturer, and is a great example of a boring business, not covered by any sell-side analyst, with practically zero volume growth. And it is exactly for these reasons why I believe it’s a great investment, hence the buy rating. You can see from the chart below…
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Fed's Goolsbee says he was 'confused' by last week's market reaction
A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after stocks and bonds rallied sharply. The Fed voted last week to hold rates steady once again, and its updated projections showed an expectation of three rate cuts in 2024. That caused a rally in stocks…
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2024 Analyst Outlook: Growth/Tech Stocks, Sector Rotation, And Market Trends
hallojulie/iStock via Getty Images Large-cap growth stocks delivered for investors this year, presenting big gains compared to other investment classes. Jere Wang of JR Research thinks this strong large-cap performance may stay intact in 2024. Some beaten-down sectors – such as real estate, healthcare, automotive and consumer staples – may surface as attractive options next…
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This Week's Fed Meeting Could Shock Market Rates Higher
Alex Wong This week’s FOMC meeting will likely highlight the big differences between where the Fed sees interest rates in 2024 and where the market sees rates. The November job report this past week highlights that the labor market remains healthy despite a slowdown in hiring and an unemployment rate that is trending higher. But…
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Market achieves new milestones on robust GDP data, inline RBI policy
December 09, 2023 / 09:41 AM IST Favourable global as well as domestic cues helped the Indian market to post biggest weekly gain since July 2022 and also achieved the fresh milestone in the week ended December 8. In this week, BSE Sensex rose 3.47 percent or 2344.41 points to close at 69,825.60, while Nifty50…
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Vertex And CRISPR Therapeutics: Historic Exa-cel Approval, Why Market Is Nonplussed (VRTX)
Bet_Noire Investment Overview Historic Approval Validates CRISPR Gene Editing Approach News broke this afternoon that the Food and Drug Agency (“FDA”) has granted approval to a CRISPR-based gene editing therapy for the first time in history. It is an historic achievement for both Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) and CRISPR Therapeutics AG (NASDAQ:CRSP), the two companies…