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☆ Wells Fargo downgrades Lockheed Martin, believes defense company will lag behind competitors
▼ + stars: | 2022-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Defense company Lockheed Martin is not expected to grow as much as competitors do in the coming years, according to Wells Fargo. Lockheed Martin will be in particularly bad shape if it doesn't win the Future Vertical Lift contract, which has a role in producing future long-range assault aircrafts. This underlies the fact that defense stocks can slide depending on the volatility of geopolitics, Akers said. Shares of Lockheed Martin currently trade at a premium compared to peers, Akers said. Akers also downgraded L3Harris Technologies to equal weight from over weight, while remaining equal weight on Northrop Grumman and overweight on General Dynamics .

☆ Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
▼ + stars: | 2022-09-21 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:General Mills (GIS) – General Mills shares gained 1.8% in the premarket after the food producer reported a better-than-expected quarterly profit and raised its full-year sales forecast. Stitch Fix (SFIX) – Stitch Fix slid 5.9% in premarket trading after reporting a wider-than-expected quarterly loss and issuing a weak forecast. Beyond Meat fell 1.1% in premarket trading on top of a 6% slide Tuesday, its sixth consecutive down day. Defense stocks – Shares of defense contractors are rising in the premarket after Russian President Vladimir Putin mobilized more troops to Ukraine in what's seen as a major escalation of the Ukraine war. Aurora Cannabis (ACB) – Aurora Cannabis reported a breakeven quarter, on an adjusted basis, surprising analysts who predicted a quarterly loss.

☆ A 24-year-old stock trader made over $1.4 million in 2 years. Here are the 5 criteria he looks for in a stock, how he finds his trades, and the key strategy he sticks to.
▼ + stars: | 2022-09-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +16 min

However, he couldn't make intraday trades because he didn't meet the pattern day trader rule (PDT), which restricts day trading unless a minimum of $25,000 is in the account. He recalls sitting at his desk all summer watching the stock market from his phone as he worked. He will then review the stock's market cap, which is important because larger can mean less volatile. However, there's a difference between a market stop order and a limit stop order. In August, he started trading again after the stock market began to rally and inflation began to tame.

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