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Analysts see gains in store for stocks like Coinbase & Netflix

A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California.

Justin Sullivan/Getty Images

With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging.

In this case, the key is to look for stocks that not only appear undervalued but are also poised for gains going forward.

The names mentioned below fit the bill and have the backing of analysts with impressive stock picking abilities. TipRanks’ analyst forecasting service identifies the best-performing Wall Street analysts, or the analysts

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UBS, Deutsche Bank to Show If Europe Banks Matched Wall Street

European lenders are about to show investors if they can ride the pandemic-induced wave of investment banking revenue that propelled U.S. peers to a record quarter.

While Credit Suisse Group AG kicked off Europe’s bank earnings season on Thursday, its gains in trading and advising on deals were a sideshow given blow-ups related to Greensill Capital and Archegos Capital Management. This week, four of the biggest securities firms are up.

The focus will be on Deutsche Bank AG’s ongoing efforts to regain market share in debt trading, UBS Group AG’s performance in wealth management and Barclays Plc’s ability to bolster

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WWE body slams Wall Street’s forecasts

World Wrestling Entertainment Inc. easily beat Wall Street forecasts for first-quarter adjusted profit. 
 

WWE, as the media and entertainment company focused on wrestling is called, also reported net income of $43.8 million for the period, up from $26.2 million. 

Earnings were up to 51 cents from 31 cents on a per-share basis. Profit following adjustments also amounted to 51 cents a share. 

Ticker Security Last Change Change %
WWE WORLD WRESTLING ENTERTAINMENT, INC. 54.23 -1.99 -3.54%

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Revenue fell to $263.5 million from $291 million. The company

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3 Hypergrowth Stocks With 44% to 80% Upside, According to Wall Street

Over the long run, there’s arguably no greater wealth creator on the planet than the stock market. For the past 41 years, through the dot-com bubble, Great Recession, and now, coronavirus crash, the broad-based S&P 500 has averaged an annual total return, including dividends, of more than 10%. Put another way, investors in S&P 500 tracking indexes are doubling their money about every seven years, inclusive of reinvestment.

It doesn’t matter whether the market is in the midst of a sell-off or is hitting new all-time highs. There are always bargains to be found, at least according to Wall Street.

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Wall Street Opens Mixed on Partial Rebound from Tax Shock; Dow Down 50 Pts

By Geoffrey Smith 

Investing.com — U.S. stock markets opened mixed on Friday, regaining some composure after its heaviest fall in weeks in response to reports of a looming hike in capital gains taxes.

A report by Bloomberg indicated that President Joe Biden is planning to raise the marginal rate of capital gains tax to around 40% from a base rate of 20% currently, aiming to raise revenue for a swatch of social spending projects.

The rise would reverse a major element of President Donald Trump’s tax cuts in 2017 and creates an obvious incentive for stock investors to realize gains

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Wall Street sees long road ahead as Intel seeks to regain market share

By Akanksha Rana and Eva Mathews

(Reuters) – Intel Corp’s shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars to increase manufacturing.

In recent years, Intel has struggled with building new manufacturing technology causing it to fall behind rivals Advanced Micro Devices Inc and Nvidia Corp in the race to make smaller chips with a faster processing speed.

Patrick Gelsinger, who returned to the company as CEO this year, has announced plans to spend as much as $20 billion to build

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Wall Street rallies on strong economic data; tech in focus

(Reuters) -U.S. stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while megacap stocks rose in anticipation of strong earnings reports next week.

The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked investors. Analysts dismissed the slide as a knee-jerk reaction and pointed to the strong outlook.

As the three major Wall Street indexes surged, the CBOE market volatility or “fear” index plunged almost 10% in a sign of tumbling investor

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