On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management said Energy Select Sector SPDR Fund (ARCA: XLE) is likely to touch its 200-day moving average, which is around 80. The ETF is trading around 86, and she recommends waiting for it to come down.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Koninklijke Philips NV (NYSE: PHG) is "just not a well-enough run company." He added Danaher Corporation (NYSE: DHR) is the
Shares of Qualcomm Inc (NASDAQ: QCOM) have lost more than 36% year to date.
The stock is likely to continue trading at a discount to peers, especially due to the current weakness in the smartphone market, according to Wells Fargo.
The most oversold stocks in the communication services sector present an opportunity to buy into undervalued companies.
Here’s the latest list of major oversold players in this sector.
In October, Shopify Inc (NYSE: SHOP) reported an earnings beat for the third quarter.
Yet there is near-term risk to the company’s revenues and long-term risk to its profitability, according to UBS.
The most overbought stocks in the communication services sector present a potential opportunity to go short on these overvalued companies. Here’s the latest list of major overbought players in this sector.