Stock Research

Saga PLC (LON: SAGA) ended more than 15% down on Tuesday after reporting widened pre-tax loss for its fiscal 2023. Saga PLC preliminary full year results The British company attributed weakness to asset impairment charges. The UK stock is down also because sales are expected to remain challenged in its motor and home insurance segments.… Continue reading Saga shares ended 15% down on Tuesday: what happened?

Boeing Co (NYSE: BA) has been in an uptrend since early December but that could reverse moving forward, says Chris Olin. He’s a Senior Analyst at Northcoast Research. Boeing stock could sink to $180 On Tuesday, Olin downgraded the aerospace and defense company to “sell” and said its shares could tank to $180 – more… Continue reading Boeing stock price forecast: Northcoast Research sees 15% downside

S&P 500 is trading down even though the monthly jobs data today suggested the labour market was starting to ease. Jim Cramer explains what it means for the Fed Available positions, as per the Job Openings and Labour Turnover Survey, declined a whopping 632,000 to 9.93 million in February. That was the first time vacancies… Continue reading JOLTS report: Cramer no longer expects Fed to raise rates any further

Shares of General Motors Company (NYSE: GM) are in the red this morning after the legacy automaker said it expects to take about a $1.0 billion charge in the first quarter. GM wants to lower costs by $2.0 billion On Tuesday, the car company confirmed about 5,000 of its white-collar workers agreed to a buyout… Continue reading General Motors news: the automaker expects $1.0 billion charge in Q1

Europe has had a rough year. But it’s getting better, if only cautiously.  The Stoxx 600 Index, which covers 90% of the market capitalisation of the European stock market, is nearly 20% off its lows last September. It is now only 6% off the mark it opened 2022 at, more or less the market peak. … Continue reading European stocks 20% off lows, but banking turmoil & global recession fears loom

Indian bank stocks drifted upwards even after the head of Axis Bank warned about the slowing economy. ICICI shares jumped to ₹883, the highest point since January 5. Axis Bank stock jumped to ₹864 while HDFC rose to the highest point since March 10. Even the embattled Yes Bank (NSE: YESBANK) share price drifted upwards.… Continue reading ICICI, Yes, Axis Bank, HDFC shares rise ahead of the RBI decision

Scottish Mortgage Investment Trust (LON: SMT) share price has been in a strong downward trend in the past few months. The stock dropped to a low of 640p, the lowest point since May 4. It has plunged by ~57% from its highest point in October 2021. The stock has underperformed the FTSE 100 index and… Continue reading Is now the time to buy Scottish Mortgage Trust (SMT) shares?

BT Group (LON: BT.A) share price has made a strong recovery in the past few months as investors buy the dip and as UK stocks shine. The stock jumped to a high of 146.85p, the highest point since September 2022. It has jumped by more than 33% from the lowest level this year. BT Group… Continue reading BT share price is rallying: Does it have more room to run?

The first quarter of 2023 is behind us, and funds keep flowing into European equities despite the challenging dynamics in Europe. Neither the high inflation nor the war in Ukraine has dampened investors’ optimism. The STOXX Europe 600 index tracks 600 large, mid, and small capitalization companies in Europe. UK, France, Switzerland, and Germany are… Continue reading US stocks beaten by European stocks in Q1 2023, is it time to invest?