Source: PaxForex Premium Analytics Portal, Fundamental Insight General Electric has gradually received investor and analyst approval in 2021. Indeed, Andrew Kaplowitz of Citibank and Markus Mittermaier of UBS gave the stock a "buy" rating and set a $17 target. Moreover, given recent management comments and guidance, there is every reason to believe that GE stock is somewhat undervalued. Let's take a closer look at how much GE stock could be worth in several years. The case for GE is based on comparing the sum of the parts of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Bitcoin, Ethereum, and the rest of the cryptocurrency world continue to tumble from what many viewed as unsustainable levels. Several factors are contributing to the sell-off. Chinese regulators called for regulation into cryptocurrency mining and transaction. US regulators changed tax reporting requirements, and institutional clients drop non-core assets from their portfolios, with cryptocurrencies the primary victim. Most overestimate the appetite of institutions for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite strengthening commodity prices, the energy sector remains far from favorable. However, for investors with opposing views, it is a prospective chance to buy. The difficulty is that energy companies still have some very real problems to deal with. That's why energy giant Chevron is one of the best options in this area. Here are some circumstances to support this idea. There are many ways to invest in the energy sector, from exploration and production to downstream (...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK GfK Consumer Confidence for May was reported at -9. Economists predicted a figure of -12. Forex traders can compare this to UK GfK Consumer Confidence for April, reported at -15. UK Retail Sales for April are predicted to increase by 4.5% monthly and 36.8% annualized. Forex traders can compare this to UK Retail Sales for March, which increased by 4.5% monthly and 7.2% annualized. UK Core Retail Sales for April are predicted to increase by 4.2% monthly 31.7% annualized. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T stock lost more than a quarter of its price in 2020 Weak growth in the wireless segment couldn't make up for the loss of pay-TV subscribers and WarnerMedia's pandemic-related issues, and the company continued to spend money on its streaming services to compete with Netflix, Disney, and other platforms. AT&T's debt levels remain high, and some investors question the durability of its dividend. T-Mobile has also exceeded AT&T as the second-largest...
