Value stocks left growth stocks in the dust in 2022, and Bank of America analyst Alex Makedon said Thursday that investors can expect more of the same in 2023.
The Dow Jones settled higher by over 300 points on Thursday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
As Tesla shares continued to rally for the second day, Cathie Wood-led ARK Investment Management bought 22,514 shares of the EV-maker at an estimated valuation of over $2.74 million.
Treasury Partners’ Richard Saperstein is out with his three best ideas for 2023. A pair of his top picks are up more than 30% year-to-date despite the market being on track to log its worst year since 2008.
On CNBC’s "Halftime Report Final Trades," Karen Firestone of Aureus Asset Management said American Water Works Company, Inc. (NYSE: AWK) shares took a hit when interest rate