economy
We're raising our price targets for 4 stocks and cutting them for 2 others
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- The S&P 500's winning streak is at risk due to profit-taking after a significant rally.
- Peace talks between the U.S. and Iran in Pakistan could impact market sentiment.
- Price targets have been raised for Dover ($230), GE Vernova ($1,000), Corning ($180), and Linde ($540).
- Price targets have been lowered for Salesforce ($215) and Microsoft ($500) due to AI competition.
- First-quarter earnings season begins next week with reports from Goldman Sachs, Johnson & Johnson, and Wells Fargo, among others.
- The Investing Club adheres to specific trading restrictions, including a 72-hour waiting period after a stock is mentioned by Jim Cramer on CNBC.