Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more

Bank of America predicts Nvidia stock could rise by 38% due to exceptional AI opportunity

Bank of America predicts Nvidia stock could rise by 38% due to exceptional AI opportunity

Bank of America analysts recently increased their price target for Nvidia stock to $190 per share. They believe that the AI market is poised to reach $400 billion, presenting Nvidia with a significant opportunity for growth. The analysts highlighted Nvidia’s competitive advantage over its rivals, citing strong partnerships with enterprise clients as a key factor … Read more

CIO predicts upcoming period of weak returns for investors as stocks approach major peak

CIO predicts upcoming period of weak returns for investors as stocks approach major peak

According to Michael Grant, the Chief Investment Officer of Calamos Investments, the bull market may be approaching its end. Grant believes that the market is currently experiencing what he calls the “invincibility syndrome.” This syndrome occurs when investors falsely believe that stocks will continue to rise without any obstacles. He warns that stocks could soon … Read more