Suzlon Energy, Adani Green, BHEL, Adani Energy, Trent, Inox Wind shares: PE levels tumbling; value emerging?
A host of stocks from large, midcap and smallcap spaces saw steep decline in their prices, resulting in a fall in valuation multiples. They included Suzlon Energy Ltd, Adani Green Energy Ltd, Bharat Heavy Electricals Ltd (BHEL), Adani Energy Solutions Ltd, Inox Wind Ltd and Trent Ltd,
Why US shouldn't wage trade war with China
The current economic and trade competition between China and the United States has entered a stalemate. After the new US administration took office last month, it once again brandished the tariff stick, attempting to extract more benefits and force China to make more concessions.
But will this approach really work?
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Read MoreElliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
Summary:
Stock Wave counts remain the same. Indices wave counts change.
Elliott Wave analysis NASDAQ tech stocks:
- SP500 (SPX): Wave C of (2)
- NASDAQ 100 (NDX): C of (2)
- Apple (AAPL): Wave iv) of 1
- Amazon (AMZN): Wave (c) of 4)
- NVIDIA (NVDA): Wave (2)
- Meta Platforms (META): Wave 4
- Netflix (NFLX): Wave 5 top or Wave i)
- Alphabet (GOOGL): Wave (4) lower
- Microsoft MSFT: Wave (C) of 4)
- Tesla (TSLA): Wave 2
- Bitcoin: Wave (4)
Key financial events to watch
- Monday: Federal Reserve officials’ speeches and preliminary policy remarks.
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Read More5 Leveraged ETFs With Double-Digit Gains Halfway Through Q1
Amid the tariff trade war fears, economic slowdown concerns and roaring inflation, Wall Street has been on a bull run halfway through the first quarter. The S&P 500 touched record highs on several occasions, having risen 2.2%, while the Dow Jones and the Nasdaq Composite Index gained 2.1% and 1.1%, respectively.
We have highlighted a bunch of the best-performing leveraged equity ETFs from different corners of the market that gained double digits halfway through the first quarter.
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Read MoreThe Burst
Is Etsy An All-Time Buy Now?
Why is Etsy stock so low? ETSY is down 36.7% year-to-date following disappointing sales reports that missed Street estimates.
The stock that nearly reached $300 per share in 2021 but is now trading under $50 per share. Adding insult to injury, Etsy (NASDAQ: ETSY) was recently dropped from the S&P 500 index.
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Read MoreThe Ivy
1 Coffee Shop Chain Set to Challenge Starbucks
Retail growth stories tend follow predictable patterns of early excitement, rapid growth, and then the inevitable pains of scaling. Every once in a while, though, a company breaks the mold in subtle yet important ways. Dutch Bros might well be that company and arguably is much more than a coffee chain.
Walking into a relatively new location in Phoenix last week,
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Read MoreThe Spotlight
Is This Beverage Titan Paying 6.17% at Rock Bottom?
Ambev is a monster $32.9 billion company with an extensive portfolio of beer, soft drinks, and beverages. Although it has a significant market presence in Latin America, particularly in Brazil, Argentina, and Mexico, it may be best known for operating as part of Anheuser-Busch InBev, the world’s largest brewer.
The company owns some of the most recognizable beer brands in the world,
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