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Bel Fuse shares climb as Bank of America starts coverage with Buy rating
Proactive33d agobullish
Bel Fuse shares climb as Bank of America starts coverage with Buy rating

Bank of America initiated coverage of Bel Fuse (NASDAQ:BELFB) with a Buy rating and a price objective of $330, based on 28 times its C27E EV/FCF estimate. The bank said Bel Fuse has evolved into a higher-quality electronic components supplier, with stronger profitability driven by portfolio...

“Stay Invested”: Wells Fargo Picks 2 Stocks to Buy as It Stays Bullish on the Market
TipRanks33d agobullish
“Stay Invested”: Wells Fargo Picks 2 Stocks to Buy as It Stays Bullish on the Market

What to make of the markets today? The biggest story in recent months has been the conflict in the Middle East and its effect on oil prices. After pulling back for a while, crude has started moving higher again as geopolitical tensions raise concerns about potential supply disruptions. Meanwhile, the Federal Reserve left interest rates unchanged at its latest meeting. Although inflation has continued to cool overall, the recent move in oil reminds investors that geopolitical developments can sti

AMD Stock Jumps. Why This Analyst Sees 28% Upside.
Barrons.com33d agobullish
AMD Stock Jumps. Why This Analyst Sees 28% Upside.

Advanced Micro Devices got a big vote of confidence Tuesday as the artificial-intelligence trade was getting back in gear. KeyBanc Capital Markets analyst John Vinh, in a research note on the semiconductor sector, included a price target hike for AMD to $725 from $530. The firm maintained its Overweight rating on the chip stock, with the analyst writing KeyBanc remains “positive” on the shares.