Articles for author: Russ Cohen

Russ Cohen

Grab These 4 Discretionary Stocks as Trump Calls for More Rate Cuts

Key Takeaways Major indexes hit all-time highs after Trump’s election victory, spurred by hopes of additional rate cuts. Consumer discretionary stocks stand to gain as investor confidence increases during this stock rally. Dolby Laboratories, Carnival, Netfill and American Outdoor Brands stocks appear ready to benefit. Wall Street resumed its rally earlier this week as Donald ...

Russ Cohen

Wednesday Sector Laggards: Utilities, Consumer Products

Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 1.9% loss. Within that group, Dominion Energy Inc (Symbol: D) and PG&E Corp (Symbol: PCG) are two large stocks that are lagging, showing a loss of 4.5% and 4.0%, respectively. Among utilities ETFs, one ETF ...

Russ Cohen

Top 3 Tech Stocks That May Rocket Higher This Quarter

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...

Russ Cohen

Sam Altman-Backed Oklo Stock Gets Price Target Hike From Wedbush On Hopes Of AI Raising Power Demand

Wedbush Securities on Friday raised its price target on energy company Oklo Inc. OKLO to $45 from $26 while maintaining an “outperform” rating citing increased confidence in the AI revolution data center buildout increasing under the new Trump Administration. What Happened: Oklo, backed by OpenAI CEO Sam Altman, is developing nuclear fission power plants to ...

Russ Cohen

Tesla Earnings Preview: The Best of the Mag 7?

Key Takeaways Over the past six months, Tesla stock has outperformed the rest of the Magnificent Seven. Tesla also boasts the highest one-year earnings growth forecast among the group, excluding Nvidia. That being said, Tesla has a Zacks Rank #3 (Hold) rating, indicating mixed earnings revisions. Looking back, Tesla (TSLA) often takes the most challenging ...

Russ Cohen

March 2026 Options Now Available For Apple

Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the March 2026 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 420 days until expiration the newly available contracts represent a potential opportunity for sellers ...

Russ Cohen

NFLX Beats Q4 Expectations: Here's Why the Stock Could Hit $1100 Soon

Netflix‘s NFLX exceptional fourth-quarter 2024 performance has set the stage for what could be a transformative year ahead. The streaming giant reported its biggest quarter ever for subscriber additions, with 18.9 million new members, pushing its global subscriber base past 300 million. This remarkable growth, combined with strategic initiatives and robust financials, suggests the stock ...