Stocks

The S&P 500 is near another record. Here are the stocks Wall Street sees leading the way from here

Amazon logo seen displayed on a smartphone.

Igor Golovniov | SOPA Images | LightRocket | Getty Images

The S&P 500 is inches away from a record, boosted lately by stocks leveraged to a reopening economy like Boeing and banks. Wall Street analysts believe a new group of stocks will lead the way from here.

CNBC PRO screened for stocks in the S&P 500 with a “buy” rating from more than 75% of analysts covering the names at this point. From this pool, we selected the top 20 names ranked by potential upside to their average 12-month price targets among analysts.

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Wall Street stocks shrug off leap in inflation and hit fresh high

Stocks on Wall Street hit a high and core government debt was steady as investors brushed aside the biggest jump in US inflation since the financial crisis.

The yield on the 10-year Treasury edged down 0.05 percentage points to 1.44 per cent after the labour department reported that headline consumer price inflation accelerated 5 per cent in the 12 months to May — the largest year-on-year leap since 2008 and above the 4.7 per cent pace expected by economists polled by Bloomberg.

Equity investors took the news in their stride, helping send the blue-chip S&P 500 index up 0.5 per

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A Stock Market Crash Is Inevitable: 3 Unstoppable Stocks to Buy When It Happens

For investors, there might not be three words scarier than “stock market crash.” With the coronavirus nosedive — a loss of 34% in the benchmark S&P 500 (SNPINDEX:^GSPC) in 33 calendar days — still fresh in the minds of most folks, the last thing they probably want to think about is another round of panic selling.

Unfortunately, another stock market crash is inevitable.

Image source: Getty Images.

Like it or not, a crash is coming

Though we’ll never be able to precisely predict when a crash will occur, how long it’ll last, or how steep the ultimate decline will be,

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Want to get in on hot energy stocks? Wall Street favors these 20 picks for gains up to 40%

The energy sector has been the best performer in the U.S. stock market this year, but it isn’t too late to jump in, as the setup is still attractive for the reopening of the economy.

Energy recovery has a long way to go

The S&P 500 energy sector
SP500.10,
+0.58%
was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so far this year.

Stretching out the timeline paints a different story:

Figures exclude dividends.


(FactSet)

If we look at price changes from

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Futures, Stocks Decline With Jobs Data in View: Markets Wrap

(Bloomberg) — U.S. futures slipped along with European stocks on Monday as traders await fresh catalysts, with the key American jobs data later this week set to provide further clues on the outlook for the world’s biggest economy amid lingering inflation concerns.

Contracts on the S&P 500 and Nasdaq declined, with trading hours curtailed due to the Memorial Day holiday in the U.S. The dollar weakened against a basket of peers. The euro gained after data showed Germany’s inflation rate rose to the highest level since October 2018, while price pick-ups in May were also reported by Spain and Italy.

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5 Stocks That Can Help You Achieve Financial Freedom

Today, as we gather with friends and family, or simply enjoy a day off from work, let’s not forget about the millions of people who’ve fought valiantly for our country since it declared its independence 245 years ago. On Memorial Day, we honor those more than 1.2 million people who’ve made the ultimate sacrifice throughout history to preserve the freedoms we have today, including the freedom of speech, the right to vote, and the right to chart our own financial course. 

For more than a century, the stock market has offered the opportunity for John and Jane Q. Public to

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Wall Street stocks lag behind record-setting European bourses

Wall Street stocks trailed behind European bourses, which hit fresh records as commodity prices rallied on hopes that the global economic recovery would continue gathering pace.

The blue-chip S&P 500 and the tech-heavy Nasdaq Composite indices were essentially flat by the time the closing bell rang in New York, following a US long weekend for Memorial Day.

A handful of “meme stocks” favoured by amateur investors, meanwhile, continued their rally from last week, with the video game retailer GameStop up 12.2 per cent and the cinema operator AMC jumping 22.6 per cent. BlackBerry closed the day up 14.8 per cent.

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Cathie Wood stocks that Wall Street believes can roar back

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018.

Alex Flynn | Bloomberg | Getty Images

Popular fund manger Cathie Wood’s ETFs have been on shaky ground this year, but Wall Street analysts see the prospects improving for a bunch of her funds’ holdings.

Shares of Wood’s flagship ARK Innovation are down more than 12% this year amid a rotation from growth stocks into value. The fear of rising interest rates in the first quarter

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Premarket stocks: Wall Street is facing a $9 trillion problem

What’s happening: The latest reading of the Back-to-Normal Index from CNN Business shows that the US economy’s comeback is 90% complete. But investors are increasingly worried that the Federal Reserve, observing such promising data and rising inflation, will make a damaging mistake, such as moving too soon to roll back unprecedented levels of support — or ignoring growing problems until they’re too late.

In a Deutsche Bank survey of 620 market professionals published this week, 39% of respondents listed a “central bank policy error” as one of the top three risks to market stability, up from 21% the previous month.… Read More

HK stocks end higher as techs track Wall Street bounce

* HK->Shanghai Connect daily quota used 6.3%, Shanghai->HK daily quota used 8.1%

* HSI +0.6%, HSCE +1.0%, CSI300 +1.5%

* FTSE China A50 +1.5%

SHANGHAI, May 17 (Reuters) – Hong Kong stocks closed firmer on Monday, as tech and materials firms tracked Wall Street strength, while investors appeared to show scant reaction to China’s lacklustre economic data.

** The Hang Seng index rose 0.6%, to 28,194.09, while the China Enterprises Index gained 1.0%, to 10,503.84 points.

** Wall Street closed higher in a broad rally on Friday, an upbeat conclusion to whipsaw week of buying and selling as signs of

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