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☆ We're watching 6 of our stocks making moves Thursday and considering buying more of another
▼ + stars: | 2024-02-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Having skin in the game will change things," Jim Cramer said. This time it's due to a breathtaking move in chip designer Arm Holdings , which rallied more than 50% after strong earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Josh Frost, Dow, Nelson Peltz, Cramer, Readthroughs, Stanley Black, Decker, Michael Cembalest, it's, What's, Peter Arduini, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Dow, Treasury, Disney, Arm Holdings, Broadcom, Nvidia, Palo Alto Networks, Costco, Club, DuPont, GE Healthcare, Interactive, PepsiCo, Jim Cramer's Charitable Locations: We're, Masco, China

☆ Cramer explains why the market isn't seeing so many sellers
▼ + stars: | 2024-02-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday suggested that sellers have been conspicuously absent on Wall Street, even as the market faces economic trends may have brought them out in years past. "Last year, we would've had sellers coming out of the woodwork," he said. "Now, though, I think the short-sellers have been obliterated, and almost everyone who wants to sell seems to have already gotten out. Cramer added that the artificial intelligence craze has not played out as many on Wall Street thought it would. "I know Big Tech was down today, but I think they're just taking a breather after an unsustainably parabolic move."

Persons: CNBC's Jim Cramer, would've, Cramer, he's Organizations: Computer, Nvidia, Enterprise, Big Tech

☆ Jim Cramer says the stock market rally has stalled because of two important reasons
▼ + stars: | 2024-02-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. But Jim Cramer said, "It is not a broadening rally. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Eli Lilly, Lilly, Jim, David Simon, Tim Cook's, We're, Edwards Lifesciences, Jim Cramer's Organizations: CNBC, Broadcom, Nvidia, Micro, New York Community Bancorp, Signature Bank, Silicon Valley Bank, Linde, Club, DuPont, Air Products, Chemicals, Simon Property, GE Healthcare, Technology, Apple, Vision, Ford, Motors, Tesla, Enphase Energy, CVS Health, Yum Brands, Disney, Wynn Resorts, Jim Cramer's Charitable Locations: We're, New York, Silicon, China, Amgen

☆ Wall Street says Big Tech needs to take a breather after huge run. Here's our take
▼ + stars: | 2024-02-06 | 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. "This is a consolidation day," Jim Cramer said Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Eli Lilly, We're, Jim, We're bullish, Jim Cramer's Organizations: CNBC, Big Tech, Citigroup, GE Healthcare

☆ This Is the Perfect Dip for the Super Bowl
▼ + stars: | 2024-02-02 | by ( Melissa Clark | More About Melissa Clark | ) www.nytimes.com time to read: 1 min

A truly great dip can create a high-stakes spectacle, one that separates the seasoned players from the rookies. There are the furtive double-dippers, the overloading chip-breakers, the celery-nibbling dip snubbers and by the fourth quarter you’re bound to see someone fumble dip onto the table, the rug or their shirts. So what’s the best dip for a Super Bowl party? My ideal dip would be something thick and creamy enough to cling to your chip but not so gluey it sticks to your teeth (or the rug). Hot and oozing is nice, especially in February, and I’m partial to bubbling, melty dips with sweeping cheese pulls.

Persons: Usher Organizations: Super

☆ A wife and mother opened her marriage after 9 years of monogamy. A 'freedom-to-do list' helped her take the first step.
▼ + stars: | 2024-02-01 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +5 min

By societal standards, Winter was living a fulfilling life as a mother, career woman, and wife — and someone who almost always followed rules. I didn't do anything that had dire consequences, but I think I needed that," Winter, the author of "More: A Memoir of Open Marriage," told Business Insider. AdvertisementNow with 15 years of an open marriage under her belt, Winter's memoir chronicles her trial-and-error approach to creating the marriage and life she desired. Winter vowing to 'do dumb shit' catapulted her into an open marriageIn making her list, Winter learned how openness in a relationship is often about more than sex. Winter told BI that having sex outside her 24-year marriage over the years has also helped her feel more at peace with her life as a mother and wife.

Persons: Molly Roden Winter, —, Stewart, Winter Organizations: Service, Business Locations: New York City, Brooklyn

Analyst Oliver Chen also maintained his buy rating for Ulta stock, simultaneously lifting his price target to $580 from $570. Deutsche Bank: Reiterate buy rating and $450 price target, implying 10% upside. Kallo's price target of $300 implies that Tesla stock could rally more than 56% from its Tuesday closing price. Citi analyst Christopher Danely also stood by his buy rating on the stock while lifting his price target to $192 from $136. Analyst Jeffrey Adelson downgraded the company to underweight from equal weight and cut his price target to $6.50 from $7.

Persons: Morgan Stanley, TD Cowen, Ulta, Oliver Chen, ULTA, Chen, — Lisa Kailai Han, Goldman Sachs, Kash Rangan, Baird, Tesla, Ben Kallo, Elon Musk's, Toshiya Hari, Hari, Christopher Danely, Vivek Arya, Danely, Arya, Harlan Sur, Kannan Venkateshwar, Venkateshwar, Eric Sheridan, Sheridan, Justin Post, Ross Sandler, Sandler, Ronald Josey, Josey, Morgan Stanley downgrades, Jeffrey Adelson, Adelson, SOFI, SoFi, Fred Imbert Organizations: CNBC, Google, Microsoft, SoFi Technologies, Deutsche Bank, Citi, Barclays, Tesla, Devices, Wall Street, AMD, Bank of America, Barclays downgrades Verizon Barclays, Verizon, Venkateshwar, Bulls, Morgan Stanley downgrades SoFi Locations: Ulta

☆ Cramer says there's 'too much noise' in the market after Big Tech shares stumble
▼ + stars: | 2024-01-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer examined Tuesday's "wild" market action, saying it may be best to wait before making any big decisions. "There's just too much noise here, let's just wait and see," he said. Cramer said Tuesday marked a reversal, with previously booming Big Tech stocks taking a hit while stocks outside the sector — like banks, steel makers and automakers — saw gains. "Are these all island reversals that are just too difficult to overcome, where the stocks open up big and then plummeted?" "Or is tech taking a breather until some of that juicy money from the sidelines takes advantage of the first price break of 2024?"

Persons: CNBC's Jim Cramer, Tuesday's, There's, Cramer, — Organizations: Big Tech, Nasdaq, Dow Jones, Microsoft, AMD

☆ Microsoft gets a price target hike after posting a great quarter driven by AI
▼ + stars: | 2024-01-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Microsoft reported strong fiscal second-quarter results Tuesday, boosted by the strength of AI. Cloud unit Azure was better than expected thanks to organizations running AI applications on its cloud. That's double from last quarter as Azure AI customers grew to 53,000 from more than 18,000 last quarter. What's fascinating about Azure AI is that over one-third of its customers are completely new to Azure, according to Microsoft, highlighting the importance every organization has in understanding its AI strategy. Microsoft guided Productivity and Business Processes revenues to $19.3 billion to $19.6 billion, ahead of the consensus of $19.45 billion.

Persons: Satya Nadella, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Microsoft, Revenue, LSEG, Nvidia, AMD, Productivity, LinkedIn, Activision Blizzard, Windows, Activision, CNBC, CES, Bloomberg, Getty Locations: Las Vegas

☆ The stock market rally is showing signs of exhaustion, according to multiple chart analysts
▼ + stars: | 2024-01-29 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Several chart analysts are worried stocks are showing signs of exhaustion after their recent rally. Even there, however, we started to see some cracks last week as upside exhaustion also showed itself," Krinsky added. JC O'Hara, chief market technician at Roth MKM, wrote: "This persistence of gains is rare, and we are seeing signs that leadership is feeling exhaustion." However, when we view the chart, we find early signs of bullish exhaustion," O'Hara wrote. "From a trading basis, lethargic internal behavior suggests the bull cycle is due for a breather," Wald wrote on Saturday.

Persons: Jonathan Krinsky, Krinsky, JC O'Hara, Roth MKM, O'Hara, Rob Ginsberg, Ginsberg, SMH, that's, Oppenheimer's Ari Wald, Russell, Wald Organizations: Reserve, Microsoft, Nasdaq, Bears, Wolfe Research, VanEck Semiconductor

☆ This upgrade can perk up your eating in the new year
▼ + stars: | 2024-01-29 | by ( Casey Barber | ) edition.cnn.com time to read: +6 min

What’s a grocery upgrade? bhofack2/iStockphoto/Getty ImagesI consider a grocery upgrade to be a small splurge, not a big investment. Here are some examples of how I upgrade my grocery list when I need a pick-me-up. It’s my least favorite winter task, so I choose to reward myself with a grocery upgrade for getting the job done. Canned clams are a pantry staple for me as well since I love to keep them on hand for a quick dinner of one-pot clam pasta and clam chowder.

Persons: it’s, I’ve, I’m, Mikhail Rudenko, I’ll, there’s, Casey Barber Organizations: CNN Locations: crumbly Vermont, Thai

☆ 'The trend is your friend': A professional trader who spotted last year's market rally early encourages investors to ride stocks to new highs — especially these 20 hot investments
▼ + stars: | 2024-01-27 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Advertisement"I don't want to doubt this market," Salama said. Stocks will pause soon but still have upsideFollowing a brief consolidation period in early January, the S&P 500 has taken off again and set a streak of record highs. Chances are, the S&P 500 will top out around current levels of 4,900, Salama said. Even if the S&P 500 takes a hit, Salama doesn't think it will be down for long. Within the consumer discretionary sector, Salama expressed interest in e-commerce, cloud computing, and media powerhouse Amazon ( AMZN ).

Persons: —, John Salama, wasn't, Salama, we've, Stocks, It's, Salama doesn't, Russell, he's Organizations: Service, Business, Dow Jones, Microsoft, Netflix, Nvidia, Devices, Apple, AMD, Communication, Healthcare Locations: what's

☆ The portfolio's 6 best-performing stocks since the December Monthly Meeting
▼ + stars: | 2024-01-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Here then are our top stocks since our last meeting, from the Dec. 19 market close through Tuesday's trading session. NVDA YTD mountain Nvidia (NVDA) year-to-date performance Coming in at No. META YTD mountain Meta Platforms year-to-date performance Meta finished third, with shares rising 9.9% as Wall Street analysts anticipate a brighter outlook for the digital advertising market in 2024. LLY YTD mountain Eli Lilly (LLY) year-to-date performance Fourth on our list of top performers is Eli Lilly . GOOGL YTD mountain Alphabet (GOOGL) year-to-date performance Alphabet and Broadcom shares both jumped 7.6% over the last month, tying for No.

Persons: Dow, Bausch, Mark Zuckerberg, We're, Exchange Commission's, Palo, Jim Cramer, Meta, Cowen, there's, Jim, Eli Lilly, LLY, David Ricks, Jim Cramer's, Stocks, Spencer Platt Organizations: Big, Apple, Barclays, Bausch Health, Nvidia, Meta, Palo Alto Networks, Palo, Securities, Exchange, SEC, Microsoft, JPMorgan, Microsoft's, Wall, U.S, Facebook, Jefferies, Broadcom, CNBC, Traders, New York Stock Exchange, Getty Locations: Big Tech, U.S, Palo, New York City

☆ These are the 30 best investments to make now as US stocks rally to record highs, according to bullish strategists at 3 large investment firms
▼ + stars: | 2024-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Lerner noted that such occurrences are correlated with near-term pain as well as sizable forward returns. Another encouraging omen for US stocks is their successful track record in the second year of a bull market, as Belski noted last fall. Furthermore, since the financial crisis, Belski noted that stocks fell in the first month eight times but have ended the year in the green in six of those years. BMO Capital Markets30 investments to make during a rallyIn addition to sharing market commentary, strategists at BMO, Truist, and UBS outlined investment ideas as stocks enter uncharted territory. UBS spotlighted high-quality stocks with healthy balance sheets and sound earnings that drive profitability, especially since economic growth is slowing.

Persons: Solita Marcelli, Keith Lerner, Brian Belski, Lerner, Belski, who've Organizations: Business, BMO, Truist, UBS, BMO Capital Markets, BMO Capital, UBS spotlighted Locations: Swiss, Europe

☆ Nvidia and Big Tech are still the driving forces for the market, bringing S&P 500 back to record levels
▼ + stars: | 2024-01-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Thank the "Magnificent Seven" stocks for the S & P 500 's bounce to record levels in 2024 . "It's a bet on secular growth," said Truist's Keith Lerner. "AI stocks … are going bonkers," he said. "People see a secular growth story even with all the different type of cross-currents in the economy, interest rates and markets," he said. "However, strong secular tailwinds from Gen AI could extend the rally well beyond the typical 2-year up-cycles, in our view."

Persons: Truist's Keith Lerner, It's, Adam Sarhan, Lerner, –, Ed Yardeni, Raymond James, Srini Pajjuri, Michael Bloom Organizations: Nvidia, Microsoft, Tesla, Investments, Devices, Taiwan Semiconductor Manufacturing, Semiconductor, Yardeni, SOX, stoke

☆ Apple flexes its new No. 1 smartphone maker status and makes a rare move in China
▼ + stars: | 2024-01-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Apple became the world's largest smartphone maker in 2023 for the first time ever. Despite a rough start to 2024, we think the company can build on this momentum in the U.S. and China. Apple's frontrunner status was confirmed in separate industry research reports from International Data Corporation (IDC) on Monday and Canalys on Tuesday. To be sure, Apple's iPhone is facing intensified competition in China as domestic players like Huawei and Xiaomi have started offering high-end alternatives. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Apple, Canalys, Nabila Popal, Will Apple, Jim Cramer's, Jim Cramer, Jim, Eduardo Munoz Organizations: Samsung, International Data Corporation, IDC, IDC's, Huawei, Apple, Big Tech, Microsoft, Xiaomi, Apple Watch, CNBC Locations: U.S, China, India, New York

☆ After a Rip-Roaring 2023, the Markets Are Taking a Breather
▼ + stars: | 2024-01-13 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

It was a great year for the stock market and for the vast majority of investors in workplace retirement accounts. Even after the 2023 gains, most stock investors are only barely above water since the start of 2022. Even so, the paltry stock market increases haven’t kept up with inflation. It was arguably even worse than 2008, when the stock market collapsed during the great financial crisis. In 2022, bonds declined sharply in value as interest rates rose, while during the financial crisis, investment-grade bonds rallied as interest rates declined.

Persons: let’s, haven’t Organizations: Federal Reserve Locations: U.S

☆ Wall Street made bold calls on 4 of our stocks this week. Here's where we stand
▼ + stars: | 2024-01-13 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Wall Street analysts revealed bold predictions on four portfolio stocks this week, as investors digested the latest inflation data and December earnings season kicked off. Morgan Stanley Wall Street's take: HSBC cut Morgan Stanley's rating to hold from buy on Monday, citing weaker guidance for the firm's wealth management business. MS 1Y mountain Morgan Stanley 1 year The Club's take: We don't blame analysts for stepping to the sidelines. Still, Morgan Stanley has strong growth prospects from its investment banking segment, a business we see improving on a better macroeconomic outlook and a pickup in deal activity. Palo Alto Networks Wall Street's take: Morgan Stanley named Palo Alto Networks the bank's top cybersecurity pick on Wednesday.

Persons: Here's, Morgan Stanley Wall, Morgan Stanley, Apple's, FCF, We've, Baird, Price, Marc Benioff, shouldn't, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: HSBC, Morgan, Bank, Management, Apple, Palo, Palo Alto Networks, 22X, CNBC, Traders, New York Stock Exchange Locations: CY24, CQ4, Palo, New York City, U.S

☆ Bitcoin’s post-ETF launch sell-off could continue, but all-time high levels are in sight, chart analysts say
▼ + stars: | 2024-01-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Many investors and analysts have expressed confidence that bitcoin can reach and even surpass its all-time high level of $69,000. BTC.CM= 1Y line Bitcoin's 1-year performance per Coin Metrics He said $40,000, a level bitcoin hasn't seen since early December, would be another potential stopping point. Julius de Kempenaer, a senior technical analyst at StockCharts.com, is watching a slightly higher support level at $45,000. "While bitcoin's price is coming off a new cycle high, RSI made a lower high and was unable to get above the 70 level," Wald said. Bitcoin reached its all-time high near $69,000 in November 2021.

Persons: bitcoin, Oppenheimer, Ari Wald, Bitcoin, Julius de Kempenaer, Wald, it's oversold, de Kempenaer, Wolfe, Rob Ginsberg, Ginsberg Organizations: U.S, CNBC, Metrics, RSI Locations: Wald

☆ Jim Cramer says this sector will be the next winner when the Fed cuts rates
▼ + stars: | 2024-01-02 | 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. After tech's big rally last year, Jim Cramer says other sectors that lagged could be due for a move up. For example, industrial stocks are cheaper and would benefit if the Federal Reserve cuts rates this year, as expected. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.

Persons: Jim Cramer, Jim, Stanley Black, Decker, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Apple, Barclays, Federal Reserve, Honeywell, DuPont, SWK Locations: China, U.S

☆ Strategists say red hot stock market rally is due for a breather
▼ + stars: | 2023-12-20 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

The equity market is due for a cooldown, according to several strategists, who are telling clients to begin positioning themselves defensively in preparation for a slow-growth earnings environment next year. The S & P 500 has rallied almost 24% this year, but is up 11% in the fourth quarter alone. The SPDR S & P Regional Banking ETF , for example, is up 24% this quarter, but still down 12% for the year. According to Calvasina, industrials are the most overvalued sector in the S & P 500, while energy and communication services offer the most attractive valuations. .GSPHC YTD mountain S & P Health Care sector performance this year.

Persons: Venu Krishna, Krishna, haven't, Lori Calvasina, Calvasina, Marko Kolanovic, Kolanovic Organizations: Barclays, Dow Jones, Federal Reserve, CNBC, Big Tech, Regional Banking, RBC Capital, P Health Care, JPMorgan Locations: Krishna, SPX, Europe

☆ S&P 500 rallies to key 4,600 level and nears all-time high. What chartists say happens next
▼ + stars: | 2023-12-05 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Investors are watching the S & P 500 after it rallied back toward the key 4,600 level to see if it can break out to new all-time highs. A record high in the S & P 500 looks promising after the broader index on Friday closed at 4,594.63, or its best level since March 2022. In July, the last time the S & P 500 tested the threshold, the rally was led by mega-cap tech stocks. On Monday, the market rally took a breather; the S & P 500 ended the session lower by 0.5%, and it stood about 5% below its record. In fact, one market technician on Monday said the S & P 500 could plunge back to its bear market lows in 2024.

Persons: Stocks, Wolfe, Rob Ginsberg, Ginsberg, BTIG's Jonathan Krinsky, you've, JPMorgan's, Jason Hunter, Hunter, CNBC's, Adam Turnquist, he's, Oppenheimer's Ari Wald, Wald, JC O'Hara, Roth MKM, Lululemon, O'Hara, — CNBC's Michael Bloom, Chris Hayes Organizations: Broadcom Locations: oversold

☆ Morning Bid: Small caps pick up baton, China rating hit
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +6 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The likes of Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) fell back over 1%, pressured by a modest bounceback in U.S. Treasury yields. China's blue-chip stocks slumped to their lowest since February 2019 amid fears of a possible cut to China's sovereign credit rating cut after Moody's outlook reduction. By Mike Dolan, Editing by Bernadette Baum; <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Russell, that's, Moody's, Isabel Schnabel, Michael Gibson, Christine Laggard, Mongo, Zero Fox, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Reserve, Microsoft, Apple, Nvidia, Treasury, Reserve Bank of Australia, Central Bank, Reuters, ECB, Barclays, Qatar, P Global, Federal, Division, Supervision, Financial Innovation, Descartes Systems, Health, Powell Industries, Dave, Buster's Entertainment, Reuters Graphics, Thomson Locations: New York City, U.S, Global, York, Treasuries, Europe

☆ Bull market in view after S&P 500 hits fresh year-high
▼ + stars: | 2023-12-04 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +3 min

A close above 4,796.56 on the S&P 500 would confirm that the index has been in a bull market since bottoming out on Oct. 12, 2022, by one commonly used definition. By that definition, the bear market that began when the S&P 500 hit its previous record on Jan. 3, 2022 was not particularly painful. The S&P 500 closed down 25.4% at its lowest point, making this the fourth shallowest bear market experienced by the index since 1928, according to data from Yardeni Research. Over the last 50 years, the S&P 500 has risen an average of 16% in the three-month period leading up to a bull market. By contrast, the S&P 500 has logged average gains of just 0.2% and 2.0%, in the one-month and three-month period after a bull market is confirmed.

Persons: Carlo Allegri, San Francisco Fed, Saqib Iqbal Ahmed, Ira Iosebashvili, Lisa Shumaker Organizations: St, REUTERS, Yardeni Research, Reuters, San Francisco, Thomson Locations: Manhattan, New York City , New York, U.S

☆ Piper Sandler champions Nvidia's opportunity beyond AI chips — underscoring our post-earnings analysis
▼ + stars: | 2023-12-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +4 min

Piper Sandler reiterated its buy-equivalent rating on Nvidia's stock and $620 per-share price target, which implies nearly 33% upside from its Friday close. After Nvidia's more-than-200% stock-price gain this year, investors are wondering what's "new" about Nvidia, Jim Cramer said Monday. The answer to that question is software, Jim said, which could eventually help offset the historically boom-and-bust nature of semiconductor sales. Over time, though, Piper Sandler believes software can become a "significant portion" of Nvidia's total revenue. Despite our alignment with Piper Sandler on Nvidia's long-term software opportunity, Jim on Monday cautioned that its stock could be due for a breather.

Persons: Piper Sandler, Nvidia's, Jim Cramer, Jim, Jim Cramer's Organizations: Nvidia, Devices, AMD, Software, Enterprise, Club, Apple, CNBC, Visitors, NVIDIA, Hangzhou Apsara, Getty, Nurphoto Locations: Hangzhou, Hangzhou Apsara Conference, Zhejiang province, China

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