More Cherry Picking

[79eer]

KBW upgraded Citi, Goldman Sachs, and Bank of America to ‘outperform’ from ‘market perform’
KBW said the three banks are best positioned to benefit from an “EXTENDED” economic cycle.

“We are upgrading shares of Citigroup, Goldman Sachs, and Bank of America, as we believe these three stocks are best positioned to benefit from an extended ECONOMIC CYVLE THAT HAS THE PROSPECTS TO GROW FURTHER—in addition we reiterate our outperform rating for JPM which should see similar benefits as well. We are raising our price target for all Universal Banks and the main driver is higher returns near term as WE HAVE PUSHED OUT OUR EXPECTATIONS FOR WHEN THE NEXT DOWNTURN WILL HAPPEN and that was positive for near-term return expectations and our price targets. Based on our new price targets, we project total returns of 20.5%, 21.0%, and 23.3% for GS, BAC, and C, respectively, and we believe Outperform ratings are appropriate. ”

.

 

[moe]

KBW upgraded Citi, Goldman Sachs, and Bank of America to ‘outperform’ from ‘market perform’
KBW said the three banks are best positioned to benefit from an “EXTENDED” economic cycle.

“We are upgrading shares of Citigroup, Goldman Sachs, and Bank of America, as we believe these three stocks are best positioned to benefit from an extended ECONOMIC CYVLE THAT HAS THE PROSPECTS TO GROW FURTHER—in addition we reiterate our outperform rating for JPM which should see similar benefits as well. We are raising our price target for all Universal Banks and the main driver is higher returns near term as WE HAVE PUSHED OUT OUR EXPECTATIONS FOR WHEN THE NEXT DOWNTURN WILL HAPPEN and that was positive for near-term return expectations and our price targets. Based on our new price targets, we project total returns of 20.5%, 21.0%, and 23.3% for GS, BAC, and C, respectively, and we believe Outperform ratings are appropriate. ”

.

Buy bigly.

 

[79eer]

Buy bigly.

Cheer up Mr. Moe, good news for friends & family.

 

[moe]

Cheer up Mr. Moe, good news for friends & family.

Huh? There are upgrades and downgrades every day and if you listen to business news much you'll hear that most analysts avoid the banking sector but carry on with your "good news". Maybe falling interest rates will help. [eyeroll]

 

[79eer]

Huh? There are upgrades and downgrades every day and if you listen to business news much you'll hear that most analysts avoid the banking sector but carry on with your "good news". Maybe falling interest rates will help. [eyeroll]

Mr. Moe and your sidekick Mr. Coop should read better, the sector (banking) will benefit as a RESULT “of the “extended economic cycle has prospects to grow further”. At no point was it suggested by me to invest in the banking sector, ( although if forecast is correct, a 20% return would make investors quite happy).

 

[moe]

Mr. Moe and your sidekick Mr. Coop should read better, the sector (banking) will benefit as a RESULT “of the “extended economic cycle has prospects to grow further”. At no point was it suggested by me to invest in the banking sector, ( although if forecast is correct, a 20% return would make investors quite happy).

I read fine and everybody has a crystal ball, some work, others not so good.

 

[79eer]

I read fine and everybody has a crystal ball, some work, others not so good.

Regardless, if true, tremendous news for friends and family, correct?

 

[moe]

Regardless, if true, tremendous news for friends and family, correct?

It's a marathon not a sprint.

 

[boomerwv]

Business investment SHRUNK 0.6% in 2Q and nearly the entirety of growth was from government spending....but yeah, thid all looks peachy.

Do you understand what is happening? Stocks are being driven up based on the idea that weak fundamentals in the economy will lead to greater rate cuts. That is driving prices higher than the actual value, creating an asset bubble.

 

[79eer]

Do you understand what is happening? Stocks are being driven up based on the idea that weak fundamentals in the economy will lead to greater rate cuts. That is driving prices higher than the actual value, creating an asset bubble.

................ Darn, and all this time (over 40 years) I thought the investment advisors with 30 to 40 years of experience knew what they were doing. I could have been listening to Junior on a Web Board with his wealth of knowledge and understanding on the economy and stock market, ...... for free!

 

[atlkvb]

................ Darn, and all this time (over 40 years) I thought the investment advisors with 30 to 40 years of experience knew what they were doing. I could have been listening to Junior on a Web Board with his wealth of knowledge and understanding on the economy and stock market, ...... for free!

I don't even know why he's still on this forum posting his pablum when his stock in Mueller's full testimony crashed and burned Wednesday July 24th. I wouldn't "invest" another sentence with him if I were you because he's not only ill informed, he's a bet welching shyster.

 

[atlkvb]

Regardless, if true, tremendous news for friends and family, correct?

Imagine being on the Left and actually hoping for bad economic news to make yourself happy. How pitiful is that?

 

[atlkvb]

Huh? There are upgrades and downgrades every day and if you listen to business news much you'll hear that most analysts avoid the banking sector but carry on with your "good news". Maybe falling interest rates will help. [eyeroll]

And if you listen to Leftist malcontents, only Socialist economies escape their criticism.

 

[dave]

Huh? There are upgrades and downgrades every day and if you listen to business news much you'll hear that most analysts avoid the banking sector but carry on with your "good news". Maybe falling interest rates will help. [eyeroll]

There are a lot more upgrades than downgrades thanks to DONALD J TRUMP.

Deal with it moebitch.

 

[Shirley Knott]

I don't even know why he's still on this forum posting his pablum when his stock in Mueller's full testimony crashed and burned Wednesday July 24th. I wouldn't "invest" another sentence with him if I were you because he's not only ill informed, he's a bet welching shyster.

He's a genieus i tell you ....pure genieus...

 

[atlkvb]

He's a genieus i tell you ....pure genieus...

You've heard the old saying "misery loves company"? Well, so does stupidity.

He has plenty of it on the Left when it comes to basic economics.

 

[Original Mountaineer1]

Business investment SHRUNK 0.6% in 2Q and nearly the entirety of growth was from government spending....but yeah, thid all looks peachy.

Do you understand what is happening? Stocks are being driven up based on the idea that weak fundamentals in the economy will lead to greater rate cuts. That is driving prices higher than the actual value, creating an asset bubble.

Oh please, 79 and Atl are economic geniuses.....don’t question their views.

 

[atlkvb]

Oh please, 79 and Atl are economic geniuses.....don’t question their views.

I've never seen you say anything bad about Socialism. Ever. So I assume you're either ignorant of its historic unbroken record of failure wherever it's been tried or your're proud of it.

Which is it OM1?

 

[atlkvb]

I read fine and everybody knows Marx was right about Capitalism, others not so good.

FIFY @moe [winking]

 

[atlkvb]

Oh please, 79 and Atl are economic geniuses.....don’t question their views.

@79eer appears to me at least to understand basic economics. What's your excuse living under Capitalism not understanding it, yet still worshiping Socialism?