DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Welch - 2 Canaccord - 1 Michael Welch - 1 Goldman Sachs - 1 Warby Parker - 1 Goldman - 1 Canaccord Genuity's Michael Welch - 1 Russell - 1
Top related locs:
Top related orgs:
Federal Reserve - 1 U.S - 1 Nasdaq - 1 Dow Jones Industrial - 1

Search resuls for: "Michael Welch"


2 mentions found


☆ The stock market is primed for more gains ahead, Canaccord says
  + stars: | 2024-10-21 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
The recent strong run in stocks could be just the beginning, according to Canaccord Genuity. The recent rally comes as the current bull market turned two years old. Canaccord Genuity analyst Michael Welch thinks more gains could lie ahead. .SPX mountain 2022-10-12 SPX during bull market "The current two-year-old bull market remains below the median in both percent gain and duration, suggesting the upside has further room to run," he wrote Monday. The latest market run also comes as investors pore through third-quarter results.
Persons: Canaccord, Michael Welch, Welch, Goldman Sachs, Warby Parker, Goldman Organizations: Federal Reserve, U.S
☆ Don't chase new highs, wait for a market pullback, advises Canaccord Genuity
  + stars: | 2024-07-09 | by ( Michelle Fox | ) www.cnbc.com   time to read: +1 min
Investors eager to buy into the stock market rally may want to hold off, according to an analyst for Canadian investment bank Canaccord Genuity. The S & P 500 and Nasdaq Composite closed at all-time highs on Monday, adding to strong gains in the first half of the year. The tech-heavy Nasdaq ended the first half up 18.1%, while the S & P rose 14.5% and the Dow Jones Industrial Average gained 3.8%. In fact, the top 10 stocks in the S & P now account for more than 38% of the index's total capitalization, a new high, Welch said. Meanwhile, the S & P 500 is trading at a rich multiple of 24 times trailing 12-month profits, and expectations are for 10.1% earnings growth in the second quarter, he said.
Persons: Canaccord Genuity's Michael Welch, Welch, Russell Organizations: Nasdaq, Dow Jones Industrial
0 next >>
Total: 2