How does investing work with analyst upgrades? Data from FactSet shows 62% of Nasdaq 100 constituents receive ‘Buy’ ratings after Q2 guidance revisions, attracting momentum traders. His first stock pick at Magellan: Taco Bell YUM. A would-be pick he expressed disbelief in not having gotten in on: Starbucks SBUX. How we use your information depends on the product and service that you use and your relationship with us. We may use it to: How does investing work when inflation cools? April 2024 CPI slowed to 3.4% YoY, spurring optimism in consumer discretionary stocks. Market bets on rate cuts have lifted retail sector ETFs like XRT by 7% month-to-date.
