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Yahoo BusinessJul 09, 2020
Top Analysts Say These 2 Stocks Are Their ‘Top Picks'
The surge in stocks has investors hoping that the general bullish market sentiment we've experienced since the end of March may still be with us; there was some worry in June as the markets appeared to hit a plateau. We'll see what happens in the next few weeks, as the S&P tests its 3,200 resistance levels.The best advice for stock pickers right now: stay selective. There are still compelling investing opportunities out there if you know where to look. Investors can find interesting stock choices by following some of Wall Street's top analysts. These are the analysts with the sharpest stock picking ability — and we can use their price targets as a key indication of how far these stocks can climb in the coming months.With this in mind, we've used the TipRanks database to highlight two such stocks; each has received ‘top pick' status from a 5-star analyst. Here are the details.Avid Technology (AVID)We start in the technology sector, with Avid, a Massachusetts-based multimedia tech company specializing in digital non-linear editing systems for audio and video. The company's video and audio editing software are held in high regard, as are its music notation products. The company's flagship product is Media Composer, which got its start in the Apple Mac segment. Avid has expanded since then, and in May announced a five-year working agreement with Microsoft Azure.Avid tackled the coronavirus economic crisis head-on, with a $40 million cost savings plan put in place to help mitigate the business effects of the pandemic. The company wa

Yahoo BusinessJul 09, 2020
Why Livongo Health's Stock Is Trading Higher Today
Livongo Health (NASDAQ: LVGO) shares are trading higher on Thursday on continued strength after the company on Tuesday raised second-quarter sales guidance.Additionally, an Accenture survey showed that many patients are intended to continue using virtual care services after the coronavirus pandemic ends.Livongo Health provides a data science and technology-enabled platform for the detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength.The company's clients comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the U.S.Livongo Health shares were trading up 12.06% at $108.50 at the time of publication on Thursday. The stock has a 52-week high of $108.87 and a 52-week low of $15.12.Related Links:Livongo Health Shares Open Well Above IPO PriceLivongo Health IPO: What You Need To KnowSee more from Benzinga * Why Livongo Health's Stock Is Trading Higher Today * Why Livongo Health's Stock Is Trading Higher Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


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KiplingerJul 09, 2020
Stock Market Today: Another Split Market as Jobs Concerns Grow
Thursday was another turbulent day for stocks as the nation's economic picture continued to cloud up. The volume of new unemployment claims declined once again, to 1.31 million last week, but fresh bad news on the jobs front weighed on investors.

Walgreens (WBA, -7.8%), one of just a couple of noteworthy stocks with earnings reports this week, announced it would cut 4,000 U.K. jobs and freeze share buybacks amid weak quarterly results.

21 Stocks Warren Buffett Is Selling (And 1 He's Buying) Credit Suisse analysts identified signals of trouble a day ahead of the report: "Trends toward the last part of March were particularly soft, as UK Boots sales declined by 65% over the last 10 days of the month. Health & Beauty sales are particularly important for Boots in the UK, and the company saw consumers significantly reduce spending for discretionary items."

Meanwhile, Bloomberg reported that Wells Fargo (WFC, -2.0%) plans to cut thousands of jobs later this year, citing people familiar with the confidential talks.

The Dow declined 1.4% to 25,706, the S&P 500 fell 0.6% to 3,152, and the small-cap Russell 2000 was walloped for a 2% loss to 1,398.

However, the Nasdaq grinded out yet another win, up 0.5% to a record-high 10,547. The tech-heavy composite received help from names such as Amazon.com (

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