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☆ Chaos erupts as No. 21 Arizona State upsets No. 14 BYU
▼ + stars: | 2024-11-23 | by ( Jacob Lev | ) edition.cnn.com time to read: +4 min

Arizona State has been one of the biggest surprises in college football this season. After the game, Arizona State head coach Kenny Dillingham didn’t go into details about the play calling at the end of the game but was excited the team got the win. Come to Arizona State because there’s a lot more of that coming forward.”As for BYU, the Cougars have dropped their second straight game and fell to 9-2. All we heard was there might be one second left and I am going to cling on as much hope as I can. The Sun Devils will travel to Tuscon, Arizona to take on in-state rivals University of Arizona in the “Territorial Cup” as BYU hosts Houston next Saturday.

Persons: Brigham, Jake Retzlaff, Sam Leavitt, Mary, Fans, Christian Petersen, Leavitt, Cam Skattebo, Kenny Dillingham didn’t, “, Dillingham, Kalani Sitake, ” Sitake Organizations: CNN, Arizona State’s, Brigham Young, Cougars, Sun Devils, ASU, Arizona State, BYU, Getty, College Football Playoff, Mountain America, Mountain, Kansas, T, The Sun Devils, University of Arizona, ”, Houston Locations: Tempe , Arizona, Arizona, Arlington , Texas, Tuscon , Arizona

Investors can still find discounts even as stocks climb to fresh all-time highs . Both the S & P 500 and the Dow Jones Industrial Average reach new records on Friday, surpassing previous highs notched just a day earlier. The stock has about 12% over the past month and nearly 11% from the start of the year. American Airlines stock currently trades at a forward price-to-earnings (P/E) multiple of 5.8 overall, slightly lower than the industry average. AAL YTD mountain American Airlines stock.

Persons: Stephen Trent Organizations: Dow Jones, Nvidia, CNBC, Airlines, American Airlines, FactSet, Citi, Exxon Mobil, Wall, Exxon, Resources, General Motors, CVS Health

☆ Buy this Mexico-based telecom stock after a recent pullback, Citi says
▼ + stars: | 2023-08-17 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Citi says América Móvil's stock recent pullback is a buying opportunity. The firm upgraded the Mexican telecom stock to buy from neutral in a Wednesday note and hiked its price target to $23.50. AMX YTD mountain América Móvil stock has added 2.4% from the start of the year. "Both together are opening what we think is an attractive entry point to add on AMX stocks," Cardona said. "We also see the AMX buyback program as likely to speed up over 2H23 on NWC [can't find what this means] seasonality."

Persons: Andrés Cardona, rebalance, Cardona, — CNBC's Michael Bloom Organizations: Citi

☆ Bank of America names American Express a top pick despite consumer headwinds
▼ + stars: | 2023-07-11 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

American Express can do well even as the U.S. consumer faces headwinds, according to Bank of America. The bank called American Express a top pick, reiterating a buy rating and a price target of $205 per share. Analyst Mihir Bhatia said despite risks remaining to the broader sector if consumer spending slows and credit normalizes, American Express should continue to be more resilient than peers. American Express stock has added more than 16% in 2023, outpacing rivals Visa and Mastercard. AXP YTD mountain American Express stock has climbed 16.2% from the start of the year.

Persons: Mihir Bhatia, normalizes, Bhatia, — CNBC's Michael Bloom Organizations: Bank of America, Express, Visa, Mastercard, American, AmEx Locations: Monday's

Investors should buy American Airlines as the air carrier's valuation is too good to pass up, according to JPMorgan. Analyst Jamie Baker upgraded the airline's shares to overweight from neutral. Baker said this reflects a long-term shift in which "the Big 3" airlines — American, Delta and United — have seized the high ground from the "discounters." Nonetheless, JPMorgan stated that the "Big 3" airlines have outperformed its index of Discounter carriers due to their international exposure. Baker said that 2022's domestic travel renaissance has now reversed, driving down year-over-year domestic revenue growth to the low single digits.

☆ Dow Industrials are now in the red for 2023, but these stocks may lead it back into the black, analysts say
▼ + stars: | 2023-05-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Among the index's biggest losers were Disney , American Express , Goldman Sachs and Boeing . Here are the top 10 names with the largest upside to the average price target, according to data pulled from FactSet. American Express can rally 23.5%, while Goldman Sachs has 21% upside, according to analysts' average price targets. AXP YTD mountain American Express year to date Last month, American Express reported an earnings miss for the first quarter, but its revenue beat expectations, per Refinitiv. Goldman Sachs, however, missed on revenue thanks to a $470 million loss on the partial sale of its Marcus loans portfolio.

Treasury yields dropped on the back of the report. More specifically, we looked at the rolling 100-day correlation between Nasdaq-100 stocks and the SHY ETF. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Stock Chart Icon Stock chart icon Shares of Seagan are one of the more closely correlated stocks of the iShares short-term bond yield ETF.

☆ 'Halftime Report' traders name stocks to play this resilient economy
▼ + stars: | 2023-02-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Companies that will benefit from a resilient economy are among the names that caught the eyes of Wall Street and the CNBC "Halftime Report" traders on Wednesday. While investors focused on the latest earning reports, which weighed on the market, there were several upgrades by Wall Street analysts of stocks the "Halftime Report" traders own . He called the Wall Street investment bank a high quality company at an attractive price. Wells Fargo analyst Mike Mayo is in agreement, boosting his price target to $420 a share from $390. Another name Lebenthal owns is Delta Air Lines , which was upgraded by Redburn to buy from neutral on Wednesday.

☆ The two financial stocks Karen Firestone favors coming out of earnings
▼ + stars: | 2023-01-27 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Data released Friday showed consumer spending, adjusted for inflation, declined 0.2% in December from the prior month. That means consumer spending slowed at the end of 2022, stoking fears of a recession ahead. AXP 3M mountain American Express shares have gained nearly 18% so far this year. Management said on its earnings call Thursday that both international travel and resilient consumer spending helped Visa in the quarter. V 3M mountain Visa shares have gained more than 11% since the start of this year.

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