Analyst: Target These 2 Government Stocks

FAANG stocks were under pressure amid antitrust probes

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MARKET RECAP     6/03/2019
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Stocks Sink as Tech Sector Fizzles By Patrick Martin Share On The Dow traded on both sides of the aisle throughout the day, but ultimately eked out a win. On the other hand, the tech-heavy Nasdaq suffered a second straight triple-digit loss and its lowest close since mid-February, falling into correction territory amid concerns about FAANG stocks. More specifically, reports emerged that the Justice Department is considering probes of Apple (AAPL) and Google parent Alphabet (GOOGL). Separately, fellow FAANG stock Facebook (FB) was under pressure amid reports that the Federal Trade Commission (FTC) could scrutinize its practices on digital competition. Continue reading for more on today's market, including: Morgan Stanley is bullish on these 2 government contractors. Google's antitrust probe rumors have one analyst concerned.  This oncology stock is expected to double. Plus, options hedging on a biotech; a retailer earnings preview; and behind this drug stock's big surge.  >> Continue reading...
LATEST HEADLINES
>> Options Traders Gear Up for Tiffany & Co Earnings TIF has been trending lower since a recent rejection at its 320-day moving average >> Facebook FTC Buzz Sparks Unusual Options Volume FB is heading toward its worst day since late December >> Morgan Stanley Bullish on 2 Government Contractors Morgan Stanley gave 3 things it's considering in its coverage of the government services space >> Drug Stock Scaling the Nasdaq on a Halo Lift The stock is higher after Amgen announced positive results for its cancer drug >> New AAPL Options Positions Open Ahead of WWDC Weekly options are popular as AAPL's WWDC kicks off ADVERTISEMENT Diversify your portfolio, while earning a 12% tax-advantaged annual dividend. Midstream energy investing is an undiscovered investment opportunity for many investors. With the U.S. alone using roughly 20 million barrels of petroleum products daily, midstream companies will need to invest $800 billion by 2035 to build pipelines and other energy infrastructure assets to meet this demand. This means prolific long-term investment opportunities for savvy investors seeking to diversify their portfolio, while simultaneously growing capital and earning an attractive 12% annual dividend. Learn more>
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