A hotter-than-expected consumer inflation reading spooked investors last week, but investors may want to adopt a long-term mindset as they seek buying opportunities.Top Wall Street analysts are calling out their favorite stocks with a focus on their long-term growth prospects.To that end, here are three stocks favored by the Street's...
Year: 2024
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their quarterly numbers begin hitting Wall Street this week."I'm worried about a handful of them," Bair told CNBC's "Fast Money" on Tuesday. "I think some of them are still overly reliant...
Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold
An exterior view of the Advance Auto Parts store at the Sunbury Plaza.Sopa Images | Lightrocket | Getty ImagesCompany: Advance Auto Parts (AAP)Business: Advance Auto Parts is an automotive aftermarket parts provider, serving professional installers and do-it-yourself customers. Its stores and branches offer a selection of brand names, original equipment...
‘Buffett really was not a great stock picker’: Financial researcher Larry Swedroe on how investors can emulate the billionaire investor
Larry Swedroe, who is considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.He cites the number of professional Wall Street firms and hedge funds now participating in the market."Warren Buffett was generally considered the greatest stock picker of all time. And, what...
Surging inflation fears sent markets tumbling and Fed officials scrambling
A sign advertising units for rent is displayed outside of a Manhattan building on April 11, 2024 in New York City.Spencer Platt | Getty ImagesThe early data is in for the path of inflation during the first three months of 2024, and the news so far is, well, not good.Pick...