BofA Coins New FANG Equivalent For Semiconductor Stocks, ‘MANGO’

  • Motley Fool

    Why Nvidia Stock Dropped on Friday

    Nvidia (NASDAQ: NVDA) stock was one of the strongest performers out of a group of many strong performing semiconductor stocks Thursday — and for good reason. Of course, that still leaves the question why Nvidia stock is down 2.8% as of noon ET today. The good news today is that Bank of America just released a note describing a new investing acronym for investors: “MANGO,” which appears to be short for the semiconductor stocks Marvell Technology, Advanced Micro Devices, Nvidia, GlobalFoundries, and ON Semiconductor.

  • Investor’s Business Daily

    Advanced Micro Devices Joins Rank Of Stocks With 95-Plus Composite Rating

    Advanced Micro Devices saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 94 the day before. The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. Advanced Micro Devices is trading within a range from a 114.59 entry from an old double bottom pattern.

  • TheStreet.com

    How High Can Cannabis Stocks Go From Here?

    Cannabis stocks have been on fire over the past couple of days and when we look around the market, it’s not too surprising. For starters, the stock market has done pretty well. The S&P 500 has wavered so far on Friday, but is close to flat on the session.

  • Bloomberg

    Market Gloom Triggers BofA’s Contrarian ‘Buy Signal’ for Stocks

    (Bloomberg) — Bank of America Corp.’s indicator is flashing green for the first time since the onset of the pandemic in March 2020, potentially signaling an upside for global equities in the weeks ahead. Most Read from BloombergChina Plane Crash Update: Search Continues for Second Black BoxPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaNATO Boosts Forces in East Amid Chemical Incidents WarningApple Is Working on a Hardware Subscription Service for iPhonesChina Crash Mystery Grows as

  • Reuters

    U.S. Supreme Court backs condemned murderer’s religious request

    WASHINGTON (Reuters) -Texas must grant a convicted murderer on death row his request to have his Christian pastor lay hands on him and audibly pray during his execution, the U.S. Supreme Court ruled on Thursday, bolstering the religious rights of condemned inmates. The 8-1 ruling overturned a lower court’s decision against John Henry Ramirez, who appealed the state’s rejection of his request for pastoral touch and prayer while he dies from lethal injection. Ramirez was sentenced to death for a fatal 2004 stabbing outside a convenience store.

  • Bloomberg

    EU Leaders Endorse Joint Purchases to Replace Russian Gas

    (Bloomberg) — European Union leaders backed the idea of member states joining forces to buy natural gas to replenish depleted reserves and win lower prices in a tight market.Most Read from BloombergChina Plane Crash Update: Search Continues for Second Black BoxPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaApple Is Working on a Hardware Subscription Service for iPhonesNATO Boosts Forces in East Amid Chemical Incidents WarningChina Crash Mystery Grows as Evidence Signals Midair Break

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