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Stock futures moved slightly higher on Thursday evening as Wall Street looked to end the week on a positive note after a historic inflation report.
Futures contracts tied to the Dow Jones Industrial Average ticked up 51 points. Those for the S&P 500 and Nasdaq 100 added roughly 0.2% and 0.3%, respectively.
$Freeport-McMoRan (FCX.US)$ $Tapestry (TPR.US)$ $Enphase Energy (ENPH.US)$ $Disney (DIS.US)$ $Cooper Companies (COO.US)$
Futures contracts tied to the Dow Jones Industrial Average ticked up 51 points. Those for the S&P 500 and Nasdaq 100 added roughly 0.2% and 0.3%, respectively.
$Freeport-McMoRan (FCX.US)$ $Tapestry (TPR.US)$ $Enphase Energy (ENPH.US)$ $Disney (DIS.US)$ $Cooper Companies (COO.US)$
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$DAIMLER AG ADR (DMLRY.US)$ $RENAULT SA UNSPON ADR EACH REPR 0.20 ORD (RNLSY.US)$ $Stellantis NV (STLA.US)$ Chip shortages continue to wreak havoc on the global auto industry. Several auto giants including Volkswagen have attributed the poor performance of Q3 to the chip crisis. Nevertheless, analysts at JPMorgan Chase and UBS believe that now is the ideal time to increase exposure to the automotive industry.
"In our opinion, it is time to increase exposure to auto stocks," UBS analyst Patrick Hummel said in an October report.
Jose Asumendi, head of European auto equity research at JPMorgan Chase, told the media on Wednesday that he and his team have been advising investors to increase their exposure to cars for a month.
Asumandi said that they are very strict in the selection of stock value. Daimler, Renault and Stellatis are some of their most promising European car companies.
Article excerpted from the US Stock Research Agency
"In our opinion, it is time to increase exposure to auto stocks," UBS analyst Patrick Hummel said in an October report.
Jose Asumendi, head of European auto equity research at JPMorgan Chase, told the media on Wednesday that he and his team have been advising investors to increase their exposure to cars for a month.
Asumandi said that they are very strict in the selection of stock value. Daimler, Renault and Stellatis are some of their most promising European car companies.
Article excerpted from the US Stock Research Agency
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$vTv Therapeutics (VTVT.US)$ not looking very good
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102908626 : what’s ur current total amt invested in this portfolio?