The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.
Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip.
The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades:
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.
Tech stocks have taken a beating so far in 2022, but one Wall Street analyst sees buying opportunities among the carnage in cybersecurity stocks.
The Analyst: MKM Partners analyst Catharine Trebnick initiated coverage of five prominent cybersecurity stocks Friday:
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 2008, American International Group Inc (NYSE: AIG) received an $85-billion bailout from the Federal Reserve.
The Consumer Price Index (CPI) was up 8.3% in August and remains at multi-decade highs despite the best efforts of the Federal Reserve to get inflation under control.