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☆ Teenagers who turned $400 into a six-figure business share 4 strategies that helped them scale
▼ + stars: | 2024-08-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Read previewJacob Shaidle started cleaning barbecues in the summer of 2021 to fund his education. AdvertisementShaidle started cleaning barbecues in 2021 to pay for his university tuition. Over the past year, the teens, who are heading into their third year at the University of British Columbia, have grown Shaidle Cleaning to six figures in annual revenue. One is a small business called Strodes, a butcher shop deli that makes its own all-natural, chemical-free degreaser that Shaidle Cleaning buys in bulk. Go digitalDuring his first two summers in business, Shaidle acquired clients through door-knocking and word-of-mouth.

Persons: —, Jacob Shaidle, he'd, Shaidle, Aran Giffen, Lean, Giffen, it's, Aran, Jake, They'll, they're, you've Organizations: Service, Business, University of British, Insight, Hamilton Spectator Locations: Hamilton , Ontario, University of British Columbia, Ontario, We've

☆ Nikkei 225: Asian markets make solid gains following global rout
▼ + stars: | 2024-08-07 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Asian markets made solid gains Wednesday, with Japanese shares reversing early losses after a central bank official played down the prospect of an immediate hike in interest rates. The gains follow days of volatility, which saw the Nikkei suffering Monday its biggest daily loss since 1987. “We won’t raise interest rates when financial markets are unstable,” he was quoted as saying in a speech to executives in the northern Japanese city of Hakodate. The central bank has hiked interest rates twice this year in a bid to contain inflation. Decades of extremely low interest rates in Japan had seen many investors borrow cash cheaply there before converting it to other currencies to invest in higher-yielding assets.

Persons: Shinichi Uchida, Kospi, Hong, Taiex, Uchida, ”, Olesya Organizations: Hong Kong CNN, Nikkei, Bank of Japan, US, Dow, Nasdaq Locations: Hong Kong, Asia, South, Hakodate, “, Japan, Europe, London

☆ A Gen Xer who retired early at 34 returned to work a decade later. He only lasted 4 months.
▼ + stars: | 2024-08-07 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Sam Dogen, 47, retired from his corporate job in 2012 and achieved FIRE status — an acronym for financial independence, retire early — but over a decade later, he returned to the office. Dogen wanted to return to work for extra income as his children got older and to contribute more to the Silicon Valley startup scene. He got a job as the head of content at a startup, where he wrote articles and newsletters. But within a few weeks, he already knew the job wasn't working out. He decided to leave his position and go back to being a stay-at-home dad — essentially retiring early for a second time.

Persons: Sam Dogen, Little, Dogen, Slack, —, you've, renegotiating, microaggressions, would've, he'd, I've Organizations: Service Locations: San Francisco

☆ An Italian scientist started eating like an American and saw his blood sugar and cholesterol skyrocket. A simple diet helped him reverse the damage.
▼ + stars: | 2024-08-07 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Longo went with what was easiest, consuming all the same things his American relatives and friends were eating. He was startled to discover he'd developed both high cholesterol and high blood pressure at a "very young" age, he said. Longo believes fasting can also propel an important cellular cleanup process in the body, called autophagy. And he says you don't have to spend a bundle of cash at trendy organic markets to make this diet work.

Persons: —, Valter Longo, Jimi Hendrix, Longo, Alan Weissman, they're, weren't, he'd, Fortuitously, Longo's, Feng Wei, Roy Walford, Monica Bertolazzi, it's Organizations: Service, Business, gerontology, University of Southern, UCLA, University of Southern California Longevity Institute Locations: America, Genoa, Texas, University of Southern California, Los Angeles, Italy, Longo's, United States

☆ Japanese yen carry trade: A very popular trading strategy just blew up in investors’ faces
▼ + stars: | 2024-08-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

When you hear commentators talking this week about the “yen carry trade” or the “great unwind,” they’re referring to a popular trading strategy that is, suddenly, blowing up in investors’ faces. The carry trade, explainedPut simply: A carry trade is when you borrow money in a place where interest rates are low and use it to invest elsewhere in assets that generate some kind of return. “That is bonkers.”The yen carry trade proved especially popular in the last four years, because Japan was the only major economy in the world offering essentially free money. The carry trade relies on borrowing, which means it’s a leveraged position. “The carry trade unwind… is somewhere between 50%-60% complete.”In other words: Buckle up, and don’t panic.

Persons: CNN Business ’, ”, John Authers, “, it’s, John Sedunov, Kit Juckes, ” Sedunov, Arindam Sandilya, JPMorgan Chase, Buckle Organizations: CNN Business, New York CNN, Wall, ” Bloomberg, Treasury, Villanova School of Business, Bank of Japan, Federal Reserve, Societe Generale, JPMorgan, Bloomberg Locations: New York, Japan, Europe

☆ In a reversal, Disney's media assets are starting to generate more excitement than its parks
▼ + stars: | 2024-08-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Here's a surprise: Disney 's media business isn't weighing down the company anymore. Disney's combined streaming businesses — Disney+, Hulu and ESPN+ — turned a quarterly profit for the first time ever, making $47 million. Meanwhile, Disney saw a "moderation of consumer demand towards the end of [fiscal] Q3 that exceeded our previous expectations" for its theme parks division. The company said last year it plans to invest $60 billion in its theme parks and cruise lines in the next decade. Disney shares dropped Wednesday, likely because investors were focused on the parks.

Persons: Here's, —, Disney, Bob Iger, Iger, Captain America, we're, Hugh Johnson Organizations: Hulu, ESPN, Disney, Netflix

☆ New tech will trap CO2 from cargo ships and store it in the ocean
▼ + stars: | 2024-08-06 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

The dissolved calcium carbonate then reacts with the CO2 in the water to form bicarbonate salts, locking the CO2 away. Adkins says that with a full-scale reactor, he aims to capture and store about half of a ship’s CO2 emissions. BAR Technologies/Cargill French company Airseas has developed the Seawing, which it says could help ships cut their carbon emissions by an average of 20%. A British company called Seabound, for example, makes a device that captures between 25% and 95% of a ship’s CO2 emissions. “We think that ships are actually going to be able to compete with underground CO2 storage,” he said.

Persons: it’s, Jess Adkins, ”, Adkins, ” Adkins, Calcarea, Melissa Gutierrez, Pierre Forin, geochemist Will Berelson, Will Berelson, Airseas, Maxime Horlaville, Norsepower, Daniel Sigman Organizations: CNN — International, International Maritime Organization —, UN, California Institute of Technology, Caltech, University of Southern, USC, British Port Association, Cargill, BAR Technologies, de Bordeaux, Michelin, Norsepower, Anemoi, Technologies, Geophysical Sciences, Princeton University Locations: University of Southern California, Port of Los Angeles, Norway, Nantong, Vancouver, British

☆ Trump says his teen son Barron told him he needed to go on streamer Adin Ross' show
▼ + stars: | 2024-08-06 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewIt appears that former President Donald Trump's teenage son Barron has become his de-facto Gen Z advisor. Trump said that his 18-year-old son influenced his decision to interview high-profile streamer Adin Ross. Advertisement"My sons told me about you," Trump said to Ross later in the interview, adding that Barron told him: "Dad, he's really big." Halfway through the interview, Ross unveiled the first of two goodies he said he was gifting Trump — a gold Rolex watch. Related storiesThe stream ended with Ross and Trump streaming from the Cybertruck as "YMCA" played them out.

Persons: —, Donald Trump's, Barron, Trump, Ross, he's, Ross —, Barron Trump, gifting Trump, that's, Andrew Tate, influencer Logan Paul, Kamala Harris isn't, Kamala, XCX, Olivia Rodrigo, Cardi, Megan Thee Stallion Organizations: Service, Business, Trump, Rolex, YMCA, YouTube, NBA, Facebook, NBC, Democratic, Business Insider Locations: Florida, Elon, Atlanta

CNN —Vice President Kamala Harris has chosen Gov. Tim Walz of Minnesota as her running mate, elevating the former teacher and Army National Guard veteran to join the Democratic ticket and help lead the party’s fight to defeat Donald Trump. The vice president held in-person interviews with Walz, Shapiro and Kelly on Sunday. In March, Walz accompanied Harris when she became the first sitting vice president to visit a clinic that performs abortions. During recent remarks at a “White Dudes for Harris” fundraiser, Walz made a rough-and-ready case for the vice president before would-be small-dollar donors.

Persons: Kamala Harris, Tim Walz, Donald Trump, Harris, Walz, MAGA, Josh Shapiro, Arizona Sen, Mark Kelly, Shapiro, Kelly, “, ”, we’ve, Joe Biden, energizing Walz, ” Shapiro, Trump, Karoline Leavitt, Walz “, Biden, Picking Walz, –, Trump and Ohio Sen, JD Vance, Harris ”, ” Walz, Biden’s, Brandon, Gwen, Walz –, Jeff Blodgett, Sen, Paul Wellstone, Barack Obama, we’re, ” “, he’s, ” Blodgett, it’s, Angie Craig, Pramila, “ Tim Walz doesn’t, Kevin Poindexter, Trump’s, Ohio Sen, Raghu Devaguptapu, “ He’s, …, ” Devaguptapu, CNN’s Arit John, Arlette Saenz, Alayna Treene Organizations: CNN, Army National Guard, Democratic, Pennsylvania, Arizona, Naval, Democratic Party, Trump, Hamas, Golden State, Democratic Governors Association, Republicans, Trump and Ohio, Democrats, MAGA Republicans, National Rifle Association, Farmer, Labor Party, state’s Democratic Party, Minnesota Democrats, Progressives, Washington Rep, Congressional Progressive Caucus, Minnesota Republican, Midwest Locations: Minnesota, Israel, Midwest . Minnesota, Trump and, Congress, Pennsylvania, Ohio, Michigan, Democratic

Below, we've outlined everything you need to know when it comes to where to watch Olympic water polo, whether you're hoping to watch the men's or women's quarterfinal matches. Where to watch Olympic water polo in the USPeacock is the absolute hub for all things Olympics in the US. Check price at FuboWhere to watch Olympic water polo in the UKWater polo will be available to live stream on Eurosport in the UK. Where to watch Olympic water polo in AustraliaTo catch absolutely every moment of the Olympics and Olympic water polo in Australia, you'll need to subscribe to Stan Sport. How to watch Olympic water polo in FranceFrance.TV is the French home of the Olympics.

Persons: Flav, Jill Biden, we've, Peacock, Stan Sport, 9Now, ExpressVPN Organizations: Business, US, USA Water Polo, NBC Olympics, Hungary, Australia, NBC, Peacock, Eurosport, Olympics Locations: Paris, Spain, Netherlands, USA, Australia, France

☆ Tuesday's analyst calls: Taiwan Semiconductor a buying opportunity, CrowdStrike upgraded
▼ + stars: | 2024-08-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

He increased his price target by $25 to $575, which suggests shares can jump about 20.9% over the next year. Rollins upgraded the stock to neutral from sell and upped his price target from $1.25 to $3.15 per share, which implies roughly 21.6% potential upside. Analyst Rick Wise initiated coverage of GE Healthcare with a buy rating and $100 price target, which suggests 22.7% upside. Analyst Rob Owens upgraded the global cybersecurity company to overweight from neutral and lowered his price target by $20 to $290, which implies 30.6% upside. Its price target of 1,200 Taiwanese dollars implies upside of 36.4%.

Persons: Morgan Stanley, Piper Sandler, Rob Sanderson, Sanderson, — Pia Singh, Michael Rollins, Rollins, Lumen, Rick Wise, Wise, CrowdStrike, Rob Owens, Owens, pare, Price, Charlie Chan, Chan, Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Meta, Citi, Lumen Technologies, GE Healthcare, Delta Air Lines, Microsoft Locations: U.S

☆ We're tapping our cash pile again to buy 2 more beaten-up stocks
▼ + stars: | 2024-08-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $135.30 and 25 shares of Eaton at roughly $274.48. We're making a couple of buys Tuesday, deploying the rest of the cash we raised Monday from our flurry of trades plus a little more. Eaton's another good example of what we like buying when the market sell-off takes both good and bad stocks lower. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim Cramer, Jim Organizations: AMD, Intel, CNBC Locations: Eaton

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Micron, Amazon, Apollo Global & more
▼ + stars: | 2024-08-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Stifel initiates GE Healthcare as buy Stifel said it's bullish on shares of the GE spin-off. Rosenblatt reiterates Nvidia as buy Rosenblatt said concerns about delays in the company's Blackwell chip are overdone. " JPMorgan downgrades Carlyle Group to neutral from overweight JPMorgan said it sees better value elsewhere. Morgan Stanley reiterates Apple as overweight Morgan Stanley said Monday's DOJ ruling on Alphabet is a negative for Apple. JPMorgan upgrades Sonic Automotive to overweight from neutral JPMorgan said investors should buy the dip in the auto company.

Persons: Stifel, it's, Morgan Stanley, Rosenblatt, Blackwell, JPMorgan, Carlyle, Piper Sandler, Piper, Palantir, KeyBanc, D.A, Davidson, Apple, GOOGL, SAH, underperform Macquarie Organizations: GE Healthcare, GE, Taiwan Semiconductor, JPMorgan, Barclays, Nvidia, Blackwell, Royal, JPMorgan downgrades Carlyle Group, Bank of America, Artificial Intelligence, Micron, Apollo, of America, Apollo Global Management, APO, Meta, Retail Media, DOJ, Apple, Aspen, Sonic Automotive, SS, UBS, Walmart, Northland, Honest, Honest Company, Macquarie, underperform Locations: Royal Caribbean, GOOGL, EVs, China

☆ The S&P 500 falling 5% has historically been a good buy-the-dip opportunity, Goldman says
▼ + stars: | 2024-08-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Goldman Sachs said the decline in the S&P 500 is historically a good buying opportunity for investors. AdvertisementThe S&P 500's 6% decline over the past three days represents a great buying opportunity for investors, according to a note from Goldman Sachs strategist David Kostin. However, despite the decline, the S&P 500 is still up nearly 10% year-to-date and the sell-off sparked a reset in valuations, with the index's forward price-to-earnings multiple falling to 20x. Advertisement"Historical experience shows that investors typically profit when buying the S&P 500 index following a 5% sell-off," Kostin said. The crux of whether a 10% correction in the S&P 500 represents a solid buying opportunity for investors is whether the economy is on the verge of a recession.

Persons: Goldman Sachs, —, David Kostin, Warren Buffett, Kostin, Goldman Organizations: Apple, Service

Signs of a slowing U.S. economy sowed panic among investors on Monday, with a sell-off in markets that began last week turning into a global rout. The moves were a sharp reversal in major stock markets, which for much of the past year have risen to new heights, propelled by optimism about cooling inflation, solid labor markets and the promise of artificial intelligence technology. South Korea’s benchmark Kospi index fell more than 10 percent at one point. Japanese stocks have been on a tear for more than a year, fueled by a weak Japanese yen. Adding to the pressure, foreign investors have started selling off positions in Japanese stocks over the last few weeks.

Persons: ”, Andrew Brenner, Goldman Sachs, Goldman, Jordi Basco Carrera, ’, Basco Carrera, Jitters, Jesper Koll, Koll, John Liu, Melissa Eddy Organizations: Federal, Nasdaq, National Alliance Securities, Equity, Technology, Samsung Electronics, Taiwan Semiconductor Manufacturing Company, Nvidia, Intel, Allianz, Monex, Bank of Japan, Tokyo Stock Exchange Locations: Asia, Europe, Americas, Japan, U.S, Taiwan, Singapore, Australia, Hong Kong, China, Stocks, India, Netherlands, Switzerland, New York, Munich, “, New, Seoul, Berlin

☆ Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Carry trades refer to operations wherein an investor borrows in a currency with low interest rates, such as the Japanese yen, and reinvests the proceeds in higher-yielding assets elsewhere. "You can't unwind the biggest carry trade the world has ever seen without breaking a few heads. A change in Japanese monetary policy prompted one strategist to warn of the "implosion" of the yen carry trade over a short-term basis. watch nowEd Rogers of Rogers Investment Advisors said the yen carry trade isn't dead yet, despite the deepening stock market sell-off. "Certainly there is going to be some momentary panic, I think, about the yen carry trade.

Persons: Richard A, Brooks, Kit Juckes, Juckes, Russell Napier, Ed Rogers, Rogers, CNBC's Organizations: Tokyo Stock Exchange, Afp, Getty, Swiss, Societe Generale, U.S, Bank of Japan, Rogers Investment Advisors Locations: Tokyo, London

☆ I visited Abercrombie & Fitch for the first time in years. The brand is back from the dead, but its menswear may not be.
▼ + stars: | 2024-08-05 | by ( Gianluca Russo | ) www.businessinsider.com time to read: +1 min

I visited Abercrombie & Fitch to see if the brand is living up to its recent hype. The brand has been revived, in part, by millennial nostalgia, but I don't feel a connection to it. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Fitch, —, millennials Organizations: Abercrombie, Service, Business

☆ We’re making 6 trades in the portfolio Monday as the market rout picks up steam
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. And lastly, we are buying 280 shares of Wells Fargo at $50.59, increasing its weighting in the portfolio to 3.80% from 3.35%. Last Friday, we said that we had our eyes on the pullbacks in DuPont, Dover, and Wells Fargo. Wells Fargo also pays a solid dividend and can repurchase stock — two factors that we gravitate to during volatile markets. Correction: An earlier version of this story misstated the number of shares being bought of Dover, Nextracker and Wells Fargo.

Persons: Ford, We're, Wynn, Wells Fargo, Jim Cramer's, WYNN, DOV, Jim Cramer, Jim Organizations: Ford, Wynn Resorts, DuPont, Dover, Dow, NXT, CNBC Locations: U.S, Nextracker, Wells Fargo, Las Vegas, Boston, China, DuPont, Dover, Dupont

☆ Bitcoin's shellacking during global markets decline calls into question 'safe haven' theory again
▼ + stars: | 2024-08-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Cryptocurrencies were among the hardest assets hit this morning as bitcoin slid 15% toward its worst day since June 2022. The turmoil has investors wondering, once again: what happened to the narrative that bitcoin is a store of value, and a hedge against uncertainty? For short- and even medium-term traders it may not be, since it trades so closely with risk assets. "That's, in a way, why [it] tends to have a more solid floor than other risk assets like equities … because of the diversity of their narrative." Before this weekend bitcoin was supported by a strong floor of about $55,000 and has struggled to break through its $70,000 ceiling.

Persons: bitcoin, Bitcoin, it's, Noelle Acheson Organizations: Dow Jones, Nasdaq, CNBC, Marathon

☆ Why Wells Fargo is the most attractive bank stock as the sell-off continues
▼ + stars: | 2024-08-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Warren Buffett's Berkshire Hathaway, Buffett, Jim, We're, Wells, Jim Cramer's Organizations: CNBC, Dow Jones Industrial, Big Tech, Apple Locations: Wells Fargo, Wells

☆ Fewer people are moving as 'hidden' homeownership costs spike, BofA says
▼ + stars: | 2024-08-05 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Those who are moving are typically younger, lower-income families looking for cheaper housing. Hidden costs of moving are piling on top of higher overt costs like mortgages, the analysts note. With fewer people moving, furniture retail and other moving-related sectors are taking a hit, with spending on home furnishings down 10% year-over-year. Those who are moving have "relatively lower spending power due to being younger and/or on lower incomes," the analysts said. AdvertisementThe analysts said, though, that if would-be movers see any easing of "hidden costs," furniture and appliance spending could bounce back.

Persons: —, Gen Z Organizations: Service, Bank of America

☆ UN probe finds 9 UNRWA employees ‘may have’ been involved in Oct. 7 attack
▼ + stars: | 2024-08-05 | by ( Richard Roth | Mick Krever | ) edition.cnn.com time to read: +5 min

The investigation was launched in January after Israel accused some UNRWA employees of participating in the attack that left 1,200 people in Israel dead. “The evidence obtained by OIOS indicated that the UNRWA staff members may have been involved in the armed attacks of 7 October 2023,” OIOS said in a statement. Nonetheless, UNWRA in January said that it had terminated the accused employees’ contracts. They also reviewed UNRWA employees’ communications and media reports. “Because of safety concerns,” they did not meet with the accused UNRWA staff or corroborating witnesses.

Persons: Israel, Juliette Touma, OIOS, ” OIOS, Nadav Shoshani, ”, Philippe Lazzarini, –, Aharon Haliva, “ Organizations: CNN, United Nations, UNRWA, UN, UN Relief and Works Agency for Palestine Refugees, Israel Defense Forces, Palestine Refugees, Israel Defense Forces ’ Military Intelligence Directorate, United Locations: Gaza, Israel, East, New York, Geneva, Brussels, UNWRA, United States

☆ We're tapping our cash pile again to upgrade the portfolio with 2 more stock buys
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. We're going back to the well and topping off our positions in Dupont and Wells Fargo. We're buying more Wells Fargo because it's way too early to write off the U.S. economy after one bad job report. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, We're, Wells, DuPont's, There's, Jim Cramer, Jim Organizations: DuPont, DD, WFC, Ford, Wynn Resorts, Jim Cramer's Charitable, CNBC Locations: Wells Fargo, redeploy, Dupont, Wells, U.S

☆ Top Wall Street analysts like these 3 stocks for long-term prospects
▼ + stars: | 2024-08-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Instead, they should consider the recommendations of top Wall Street analysts, who perform an in-depth analysis of a company's fundamentals so they can highlight stocks with solid long-term growth potential. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. However, the growth in YouTube advertising revenue slowed down in the quarter and missed analysts' expectations. Following the results, BMO Capital analyst Brian Pitz reiterated a buy rating on GOOGL stock with a price target of $222. (See ServiceNow Stock Charts on TipRanks)Travel + LeisureThis week's third stock is Travel + Leisure (TNL), a membership and leisure travel company.

Persons: Brian Pitz, Pitz, TipRanks, ServiceNow, Goldman Sachs, Kash Rangan, ServiceNow's, Ivan Feinseth, Feinseth, TNL Organizations: Wall Street, BMO Capital, BMO, YouTube, Tigress, Sports Illustrated Resorts Locations: TipRanks

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.

Persons: —, Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji

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