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Goldman predicts Alibaba shares will rally more than 50 percent in one year

October 4, 2018 admin 0

Mubayi raised his 12-month price target to $247 from $241, representing 54 percent upside to Tuesday’s close. The analyst said Alibaba’s cloud business market share in China rose to 46 percent in 2017 from 30 […]

Investments

Fir Tree’s Stern says German utility E.ON could double in value over two years

October 4, 2018 admin 0

Hedge-fund investor Aaron Stern is a big believer in the German utility E.ON‘s turnaround. E.ON’s “management team has [been] engulfed in a multiyear transformation, which has been nothing short of spectacular but has yet to […]

Investments

These Dow stocks — including Goldman — win big when rates rise

October 3, 2018 admin 0

Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Interest […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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