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Russ Cohen

See Which Of The Latest 13F Filers Holds NVIDIA

At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 12/31/2024 reporting period, and noticed that NVIDIA Corp (Symbol: NVDA) was held by 16 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer ...

Russ Cohen

Market Update: S&P 500 Hits New High, AI Spending Surges

Today’s Market Update: Thursday, the S&P 500 Index notched a fresh new all-time high, thoroughly shaking off a brief bout of selling that plagued stocks to start the new year. Initially, US equities reacted poorly to new PPI data, causing a sell-off below the 50-day moving average and price support. However, as has been the ...

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 ...