The sell-off in this cloud stock is overdone and investors should scoop up shares, KBW says

The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire revealed in a social media post on Thursday. 

Here are the biggest calls on Wall Street on Wednesday.

As the new year approaches, investors should keep an eye on some stocks that could outperform over the next 12 months, according to Citi.