Warner music shares jump in IPO debut


3 “Perfect 10” Stocks That Are Poised for a Bull Run

The S&P 500 is showing a sustained rally, and has powered past the 2,750 to 2,850 range analysts had just three weeks ago predicted as resistance levels. That the economy is still in the midst of a serious recession, no one doubts – but the stock market’s performance is giving investors some reason for hope.Finding the right stock plays in the current environment is a challenge for every investor. The crisis sparked by the coronavirus and the unprecedented economic shutdown policies has defied all the rules, making it difficult to predict where a given stock may head. Fortunately, TipRanks has developed the tool you need to interpret the market.The Smart Score uses the accumulated information in the TipRanks database to develop a single rating for every stock. Based on 8 factors – ranging from analyst views to news sentiment to traditional fundamentals – the Smart Score lets you know at a...

Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean

The shares of a number of cruise liners have been hit due to the coronavirus pandemic that's continuing to harm the travel industry. Morgan Stanley downgraded cruise liners Wednesday and said it expects cruises to resume in the fourth quarter.The Cruise Lines Analyst Jamie Rollo reinstated coverage of Carnival Corp (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) with an Underweight rating and price targets of $11 and $33, respectively. The analyst downgraded Norwegian Cruise Line (NASDAQ: NCLH) from Equal-weight to Underweight with a price target cut from $14 to $13. The Cruise Lines Thesis The cruise industry will take longer than almost any other form of travel to return to normal, Rollo said in a note. (See his track record here.)"Cruising needs not just international travel to return, but ports to reopen, authorities to permit cruising, and the return of customer confidence," the analyst said. A number of things need...