These three stocks benefit from megatrends that will drive earnings growth for many years.
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While shares of Corning Incorporated have outpaced the broader Dow Jones Industrials Average, Wall Street analysts remain cautiously optimistic about its prospects.
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Brokerage firm Morgan Stanley believes these three tech stocks have run up quite a bit, and should be best avoided at current levels.
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stock indexes Monday...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. Stock indexes today are higher,...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. Stock indexes today are posting...
Conditions in the housing market are affecting Stanley Black & Decker and Owens Corning quite differently.
The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.06%. US stock...
Corning has underperformed the broader market over the past year, but Wall Street analysts are cautiously optimistic about the stock’s prospects.
These companies have manageable dividend expenses and are generating near-record earnings.