While some on Wall Street view the shift toward authoritarianism as intrinsically troubling for a countrys financial markets, strategists at Oxford Economics are making the case for why Turkish assets could be a long-term buy.
Turkish stocks, bonds and the countrys currency, the lira, have all rallied since Turkish voters approved a referendum granting President Recep Tayyip Erdogan expansive powers to pass laws and appoint judges, while also potentially allowing him to stay on longer as president. Erdogan first assumed the office in 2014 after having served as the countrys prime minister since 2002.
Top High Tech Stocks To Invest In Right Now: Gartner, Inc.(IT)
- [By Lisa Levin]
CEB Inc. (NYSE: CEB) shares were also up, gaining 21 percent to $74.90 after Gartner Inc (NYSE: IT) announced plans to acquire the company for $2.6 billion in cash and stock.
Top High Tech Stocks To Invest In Right Now: Galaxy Resources Limited (GALXF)
- [By SEEKINGALPHA.COM]
ILC reminds me of Critical Elements [TSXV:CRE] (OTCQX:CRECF) having five projects (CRE has 11), and also of Galaxy Resources (ASX:GXY) (OTCPK:GALXF) by being diversified across brine and spodumene and across three continents. Also some similarity with Neo Lithium’s (OTC:NTTHF) [TSXV:NLC] early stage Argentinean brine project which I recently wrote about here. However, ILC trades at a much smaller market cap of US$8m to that of Critical Elements (US$85m) or Galaxy Resources (US$724m). This is partly due to ILC giving away significant percentages of their projects, and because they are still in the early stages of development.
Top High Tech Stocks To Invest In Right Now: Ethan Allen Interiors Inc.(ETH)
- [By Dan Caplinger]
Wednesday was a strong day for the stock market, as the Dow finished up nearly 100 points and the S&P 500 and Nasdaq both posted gains as well. Investors remained generally upbeat about the prospects for the U.S. economy in 2017, and a rise in crude oil prices helped lift the energy sector higher during the market session. Yet comments during a press conference from President-elect Donald Trump weighed on the healthcare sector, and some individual stocks took particularly hard hits. Among the worst performers were Perrigo (NYSE:PRGO), Novadaq Technologies (NASDAQ:NVDQ), and Ethan Allen Interiors (NYSE:ETH). Below, we’ll look more closely at these stocks to tell you why they did so poorly.
- [By Joseph Griffin]
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