David Katz

David Katz, chief investment officer of Matrix Asset Advisors, is of the view that earnings season will maintain its positive tilt. In an interview with CNBC, he said that about 80 percent of companies that have announced their earnings so far have managed to beat expectations. He said, “We focus...

Oppenheimer gave a weekly review in which it noted mixed performance in gaming and lodging stocks. Commenting on gaming stocks, the report noted that “The Opco Large-cap Gaming index posted a decrease of 1.6% with mixed performance in the shares; the Opco Small-cap Gaming index decrease 1.3% with...

The financial sector has emerged to be the best performing segment. Talking with CNBC, David Katz, chief investment officer at Matrix Asset Advisors, said that the financial sector is expected to keep up its positive performance. Katz said that the valuations for the banks and financial...

David Katz of Matrix Assets Advisors said on CNBC that the equity market will perform well in 2010. His favorite sectors are technology, energy and the select financial sector, but he also believes that the overall market will grow too. Problematic sectors might be regional banks and commercial...

Analyst David Katz of Oppenheimer & Co maintains his "perform" rating on MGM Mirage (NYSE: MGM). The target price for MGM has been raised from $8 to $9. According to Oppenheimer & Co, the reasonably successful opening of CityCenter, the conclusion of new bank financing and a prospective...