Morgan Stanley reveals the two chip stocks it says will dominate over the next decade
A massive sell-off in chip stocks has created an opportunity to buy the dip on two “quality” and “dominant” chip stocks, Morgan Stanley says.
A massive sell-off in chip stocks has created an opportunity to buy the dip on two “quality” and “dominant” chip stocks, Morgan Stanley says.
CNBC Pro identifies strategists’ top stocks as the global economy battles rising inflation and slowing growth.
Walker, who is backed by former President Donald Trump, will take on Warnock in the general election for the Georiga Senate seat.
The tech-heavy Nasdaq Composite dropped more than 2% overnight as investors fled social media stocks after Snap’s CEO warned of slowing growth.
The Republican who advances to the general will face Abrams, the progressive Democrat who narrowly lost to Gov. Brian Kemp in the 2018 gubernatorial contest.
While stock prices sharply fluctuate and retail investors head for the exits, Evercore ISI’s Julian Emanuel wants to put money to work.
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.
“I think we’re still within 5% of the [market] bottom. I still think earnings are going to come in well,” Siegel said.
The hedge fund said it was seeking a deal to “enhance shareholder value” that could include an acquisition or merger, according to the filing.
A recap of Tuesday’s best stock picks on CNBC.