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Monthly Archives: October 2019

Cramer predicts Chipotle stock could soar nearly 20% to $1,000

CNBC’s Jim Cramer is predicting that shares of Chipotle Mexican Grill could soar to $1,000 each, boosted by its tech initiatives, including partnering with third-party delivery services. “I think Chipotle can go to a thousand. It is a great stock here,” Cramer said Tuesday on “Squawk Box.” The fast-casual stock …

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Tech companies are telling markets to prepare for the worst

Technology companies, which face some of the biggest tariff impacts, have been slashing expectations for third-quarter earnings at a record pace. With the kickoff to the heart of earnings season still about two weeks away, some 29 information technology sector companies have lowered their guidance, which is the biggest number …

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Real estate is still the best investment today, millionaires say

Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. We wanted to know: Is this still true? Is investing in real estate still a good idea? According to these nine advisors at The Oracles who made millions by investing in real estate, the answer …

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One chart suggests earnings growth is about to pop

Earnings season is at our doorstep, and Wall Street has become more bearish. Analysts anticipate a 3% earnings contraction for the quarter, worse than the 1% decline expected in July, according to FactSet. Jim Paulsen, chief investment strategist at The Leuthold Group, said one chart suggests earnings growth estimates may …

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Trump’s approval rating drops to new low, but most still oppose impeachment, CNBC survey finds

Americans by a narrow margin oppose impeachment hearings to remove President Donald Trump from office, according to the latest CNBC All-America Economic Survey. But the CNBC poll of 800 Americans nationwide conducted last week found a significant shift where fewer Americans are opposed to impeachment. It also found a large …

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Investors may soon get a chance to buy Apple at lower levels

Apple is looking sweeter and sweeter. The stock climbed by more than 2% on Monday, putting its year-to-date gains at nearly 42%, after J.P. Morgan analysts raised their price target on Apple for what they expect to be stronger-than-anticipated sales of the company’s newest iPhone. As of Monday’s close, the …

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Stock strategists see gains despite impeachment inquiry, trade war

Strategists say the stock market should have a better fourth quarter after a range-bound third quarter, even with turbulence that could come from an impeachment inquiry and ongoing trade tensions with China. The S&P 500 ended the third quarter at 2,976 with a 1.2% gain, and it is now about …

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Vaping company Juul recruits customers for shadow grassroots lobbying campaign

James Monsees, co-founder and chief product officer at JUUL Labs Inc., appears before the House Economic and Consumer Policy Subcommittee which is examining JUUL’s role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC. Mark Wilson | Getty Images News | Getty Images Over the summer, e-cigarette …

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Architectural Feats in Inhospitable Spots

Architectural feats in inhospitable spots have long exerted a powerful fascination. How we build and live at frontiers, and how the sites thrill us or increase our anxieties, are the subject of four important new books. ImageCredit The writer Sarah M. Broom grew up in the 1960s section of subdivisions …

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BAML predicts rally for European stocks over the coming months

An employee talks on the phone as he views trading screens at the offices of Panmure Gordon and Co. Getty Images European equities could jump 6% over the coming months, according to Bank of America Merrill Lynch’s (BAML) latest report. The bank forecasts the pan-European stoxx 600 index will rise …

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