Morgan Stanley on Priceline: ‘Top-Line Addressable Market Is Expanding’
Priceline is currently trading at $1,804.00. Its 52-week high is $1,807.78, and its 52-week low is $1,148.06.
Morgan Stanley expects a target price of $165 for Facebook (FB) and is overweighting the stock.
GrubHub (GRUB) is currently trading at $35.00. Its 52-week high is $44.58, and its 52-week low is $21.41.
Morgan Stanley (MS) expects a target price of $1,000 for Google and rates the stock as “overweight.”
Morgan Stanley (MS) recommends four Internet stocks—Alphabet (GOOGL), Facebook (FB), Priceline (PCLN), and GrubHub (GRUB)—that it believes could outperform for the rest of the year.
Fidelity’s Jurrien Timmer said in a recent interview that he is bullish on Europe (VGK) (IEV).
In a recent interview with CNBC, Fidelity’s Jurrien Timmer shared his views on equity markets, corporate earnings, and Europe (VGK) (IEV).
When asked in a recent interview his thoughts about the short-term and medium-term investment story, Jurrien Timmer said that the main issue for the market other than geopolitical risks is its valuation.
The market has shown strong movement since the US elections in November 2016. The bulls have entered the market and driven market sentiment.
Gross has suggested some short-term duration investment products since he believes economic growth may not reach the level of investor expectation.
In his investment outlook for April, Gross questioned whether Trump’s economic agenda could create a 3.0% growth in the economy.
Bill Gross believes that going forward, we may see a dovish Fed under the Trump presidency.
Investors generally invest in high-yield bonds (BND) when there are expectations for higher growth in the economy.
On Thursday, April 13, 2017, in an interview with CNBC’s Power Lunch, billionaire investor and bond guru Bill Gross discussed his view on the equity market.
Goldman Sachs (GS) believes the delay in policy reform might continue in the near future.
Goldman Sachs’s (GS) equity strategist said in a recent interview with CNBC that he believes the financial sector (XLF) (VFH) and the technology sector (XLK) show promise.
In a recent interview with CNBC, David Kostin, chief US equity strategist at Goldman Sachs (GS), shared his view on bond yields.
In an interview with CNBC, the chief US equity strategist at Goldman Sachs (GS), David Kostin, discussed his views on the market’s movement, valuations, earnings, inflation, and bond yields.
With long-term investments, investors shouldn’t be concerned about short-term macro events. As time passes, markets recover from their losses.
After the failure of the healthcare bill, investors’ eyes are on the phenomenal tax reform bill. Tax reforms could boost employment in the economy.