Markets

These are the 4 big stock market implications of Joe Biden's upcoming agenda, NDR says

2 days ago   |   By Business Insider

Drew Angerer/Getty Images
Democrats' imminent control of Congress and the Presidency later this month will have big implications for the stock market, Ned Davis Research outlined in a note on Thursday. Key agenda items for President-elect Joe Biden should make waves in the following sectors: infrastructure and construction, clean energy, healthcare and technology, according to the note. Detailed below are the four big stock market implications of President-elect Joe Biden's upcoming agenda. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. President-elect Joe Biden...
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Google's Alphabet has 22% upside and will be the top FANG stock in 2021, BofA says

2 days ago   |   By Business Insider

Charles Platiau/Reuters
Google's parent Alphabet is Bank of America's top FANG-stock pick for 2021. In a note published Thursday a group of BofA analysts said that Google has a more diversified advertiser base than its tech peers and it's cloud business will be a "significant growth driver" in the next two years. The strategists see the stock exploding 22% in the future to $2,150. It's currently hovering trading around $1,734. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Google's parent Alphabet is Bank of America's top FANG-stock pick for the year ahead. In a...
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The market is set up for a strong 2021 as investors remain under-invested in stocks, CEO of the world's largest asset manager says

2 days ago   |   By Business Insider

Reuters
The stock market is set up for a strong 2021 as investors remain overweighted to cash, BlackRock CEO Larry Fink told CNBC on Thursday. Investors around the globe continue to be under-invested, not over-invested in stocks, Fink said. "I think we're going to continue to see the market be strong into 2021," Fink told CNBC. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The stock market is set for a strong 2021 as investors continue to hold a record amount of cash on the sidelines, BlackRock CEO Larry Fink told CNBC on Thursday. That cash should help push...
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