Even with the Federal Reserve poised to end all hopes of a March rate cut on Wednesday, the S&P 500 index remains at record levels. Adam Kobeissi, author of The Kobeissi Letter on X said on Tuesday: “Even as three interest rate cuts were removed from market...
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Reuters
Analyst Upgrades Riot For ‘Best Relative Upside’; Foresees 134% Growth For Another Bitcoin Mining Stock
JPMorgan analyst, Reginald L. Smith, has upgraded Riot Platforms Inc (NASDAQ:RIOT) to Overweight from Neutral. This upgrade comes on the heels of a promising forecast for Riot’s hashrate growth. Smith has a Dec. 2024 price target of $15, implying an upside of 35% from...
Top 5 Industrials Stocks That Are Preparing To Pump In Q1
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a...