CNBC Pro screened for the best performers in the broad index.
It has been a good summer for the S & P 500 , even when accounting for the August slump. This summer has brought another quarterly earnings season ; one interest rate hike and one skip ; and some renewed banking fears. Despite a recent pullback as investors take some profit in August, the market has continued to edge higher through it all. The broad index up about 4.2% since Memorial Day.
Pro screened for the 10 best performers in the period. All data, which is from FactSet, is current as of Friday's close. Cruise stock Carnival has led the index higher, jumping more than 30% this summer. In late June, the company reported a smaller losses per share than expected and revenue that beat the consensus estimate of analysts polled by FactSet for the second quarter. Carnival also raised its full-year guidance on both lines.
analyst Jake Fuller upgraded the stock to buy from neutral a day after the report, citing a recovery in its Tinder app. "MTCH is a dominant category leader with a strong margin profile and modest valuation," Fuller said. — 's Michael Bloom and Fred Imbert contributed to this report
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Coinbase's Incubated Base Blockchain Attracts Over 500 Scam Tokens: ReportScam tokens generated nearly $3.7 million in trading volume on decentralized exchanges on the Base network.
Lire la suite »
Review: Arena rockers Duran Duran play intimate benefit show for 500 fansDuran Duran treated fans to a memorable evening of music during a benefit concert at the Guild Theatre in Menlo Park.
Lire la suite »
Luxury brands Vera Wang, Frato bring new energy to East Midtown’s 500 Park Ave.Reflecting the new energy in East Midtown, two major luxury names are coming to 500 Park Ave. at East 59th Street, which consists of the 11-story former Pepsi-Cola building and a 40-story condo tow…
Lire la suite »
S&P 500 futures are little changed Sunday after another losing week: Live updatesInvestors are coming off a third straight losing week for the Nasdaq Composite for the first time since December.
Lire la suite »
S&P500 Futures, yields edge higher on China, Fed concerns as markets brace for Jackson HoleThe risk appetite improves a bit on early Monday as traders prepare for this week’s annual central bankers’ speeches at the Jackson Hole. Also likely
Lire la suite »
Nasdaq, S&P 500 Test June Lows; Russell 2000 Near Critical Support: What's Next?Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Core S&P 500 ETF, SPDR® S&P 500. Read Declan Fallon's latest article on Investing.com
Lire la suite »