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☆ Why Tourbillon Watches Are so Expensive
▼ + stars: | 2024-03-25 | by ( Chris Snyder | Sarah Elkasaby | ) www.businessinsider.com time to read: +1 min

A tourbillon (French for "whirlwind") is a centuries-old mechanism built inside some of the world's most expensive watches. Today, collectors consider tourbillon watches works of fine art. Tourbillon watches' complex design, combined with their limited production, contributes to their exclusivity and high price tags. On the lower end, you may find some entry-level tourbillon watches for $30,000. However, most tourbillon watches from reputable brands range from $100,000 to several million dollars.

Persons: Tourbillon, Remy Locations: Lake Annecy, France

☆ A 'once-in-a-generation' factory construction boom won't bow to economic jitters. How investors can play it
▼ + stars: | 2023-11-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Now, the window is opening on orders for the components that will go into the construction, he added. One of those exchange-traded funds is TCW Transform Supply Chain ETF (SUPP), a play on the reshoring theme. "[Yet] in just [the past] six months, we've added about $300 billion of orders for mega projects," he added. "The United States is experiencing a once-in-a-generation onshoring boom," the company said during its Oct. 27 conference call. Another top holding is Martin Marietta Materials , which produces the aggregates used for construction projects.

Persons: Chris Snyder, Eli Horton, we've, there's, Horton, Snyder, Eaton, Craig Arnold, Arnold, Martin Marietta, Hortons, we're, Michael Bloom, Nick Wells Organizations: UBS, Federal Reserve, hasn't, Steel, Trane Technologies, Waste Management, Martin, Martin Marietta Materials Locations: U.S, United States

☆ Why American-made Martin acoustic guitars are so expensive
▼ + stars: | 2023-11-06 | by ( Chris Snyder | Emily Christian | ) www.businessinsider.com time to read: 1 min

Martin acoustic guitars are some of the most popular and well-known high-end acoustic guitars in the world. They're owned and played by pop stars like Ed Sheeran and Shawn Mendes. In the past, Elvis Presley, John Lennon, Kurt Cobain, and Bob Dylan all have used Martin guitars. Martin is one of the oldest guitar brands still active, having opened in 1833 in downtown Manhattan, New York. Today, the company is based in Nazareth, Pennsylvania, and is still owned by the descendants of its founder, Christian Frederick Martin.

Persons: Martin, Ed Sheeran, Shawn Mendes, Elvis Presley, John Lennon, Kurt Cobain, Bob Dylan, Christian Frederick Martin Locations: Manhattan , New York, Nazareth , Pennsylvania

☆ How Chinese demand for fish maw (swim bladder) fuels a $52 million industry in Uganda
▼ + stars: | 2023-10-05 | by ( Chris Snyder | Emily Christian | ) www.businessinsider.com time to read: +1 min

Fish maw — the swim bladder of a fish — is one of the most expensive dried-seafood products in the world. But the main reason fish maw is so desired is its supposed medical value. Fish maw is also often recommended in China for postpartum recovery and to reduce post-surgery pain. But because of overfishing in East Asia, China now imports the majority of its bladders from other countries, like Uganda. In Uganda, fishers compete for Nile perch in Lake Victoria and ship them to China for extremely high prices.

Persons: maw Locations: China, East Asia, Uganda, Lake Victoria

☆ Why clients wait months for a Savile Row suit made by a master tailor
▼ + stars: | 2023-09-25 | by ( Chris Snyder | Clancy Morgan | ) www.businessinsider.com time to read: 1 min

For over 200 years, tailors have been crafting high-end bespoke suits on London's famous Savile Row. A custom-made two-piece suit can cost £6,000. And while a tailor's tools are simple, the skills needed to turn a paper pattern into a pressed suit take years to master. We followed Kathryn Sargent, the first female master tailor on Savile Row, to find out how she crafts a bespoke suit — and to learn what makes Savile Row suits so expensive.

Persons: Kathryn Sargent, Savile Locations: Savile

We traveled the globe to uncover the stories behind some of the world's most expensive items, from natural latex mattresses and bespoke dress shoes to handmade calligraphy ink and ancient Tyrian purple dye. Our first stop is New Hampshire in the United States, where a master bladesmith has perfected the art of folding thousands of layers of white-hot steel into a Damascus knife.

Locations: New Hampshire, United States, Damascus

☆ Why white asparagus is so expensive
▼ + stars: | 2023-08-07 | by ( Chris Snyder | ) www.businessinsider.com time to read: 1 min

White asparagus, often referred to as "white gold," can cost three times as much as green asparagus. During this brief period, farms in the area and restaurants around the world offer white-asparagus dishes on their menus. Chef Erwin Schröttner from Cafe Katja in New York City says white asparagus is much juicier than the green variety, and he serves his stalks freshly peeled, boiled, and smothered in hollandaise sauce with various side dishes. But because white asparagus has to be grown in a specialized way that keeps the stalk underground for longer periods of time, these meals come at a premium. Farms like Jakobs-Hof in Beelitz, Germany, work around the clock to make sure their asparagus stalks maintain their pure white color and are of the highest quality.

Persons: Chef Erwin Schröttner Locations: Central Europe, New York City, Hof, Beelitz, Germany

☆ Foreign investment is ramping up amid the reshoring boom. Here are UBS’s top under-the-radar plays
▼ + stars: | 2023-07-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Foreign direct investment is also picking up. That investment is on top of the reshoring boom that is already underway , as U.S. companies return operations back home, partly to ensure the safety of supply chains. More than 101,000 jobs were created by reshoring and foreign direct investment in the first quarter alone, up 11% year over year, according to the Reshoring Initiative . While Eaton is Snyder's top pick on the reshoring theme, he highlighted several other underappreciated names that stand to gain as well. Overall, auto reshoring announcements grew 30% in the second half of 2022 from the year prior, according to UBS.

Persons: Chris Snyder, UBS's Snyder, he's, Snyder, Eaton, Dave Regnery, Regnery, — CNBC's Michael Bloom Organizations: World Trade Organization, UBS, Reshoring, Keysight Technologies, U.S, Trane Technologies Locations: U.S, United States, China, reshoring, Taiwan, Asia

The reshoring trend is bringing manufacturing back into the U.S., putting the need for robots and automation at the forefront of the building boom. But with a tight labor market, companies are incorporating more automation and robotics into these brand new factories. Another robotics company Daryanani picked was Azenta . Sakraida said it could see upside as it gradually exposes itself more to the reshoring trend. It's working toward becoming a pure-play automation company," Sakraida said.

Persons: Jonathan Sakraida, reshoring, Carol Schleif, BMO's, Amit Daryanani, Daryanani, chipmakers, Morgan Stanley, industrials, Jonathan Coleman, Janus Henderson, Sakraida, Chris Snyder, Rockwell, — CNBC's Michael Bloom Organizations: UBS, Labor, BMO Family, HP, Janus Henderson Investors, Lincoln Electric, Rockwell Automation, ROK, Emerson Electric, Emerson Locations: U.S

Recent market volatility and uncertainty regarding the U.S. economy has Wall Street analysts torn about where some stocks are headed in the upcoming months. The stock has buy or overweight ratings from 20% of analysts, while another 20% rates it as sell or underweight. More than half of the analysts covering the stock give it a buy rating. Nonetheless, 24% of analysts have a sell rating on it. More than 30% of analysts have buy ratings on the stock, whereas 23% have a sell rating.

Organizations: ~$ $

☆ Reshoring is an emerging trend, earnings calls show — A UBS analyst gives his top pick
▼ + stars: | 2023-05-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

This earnings season there was a lot of chatter about reshoring — and for UBS, Eaton stands out as the winner of the trend. Government incentives and supply chain security are among the reasons corporate America is jumping on board the booming reshoring trend , which means returning operations to companies' original country from overseas. Reshoring mentions were up 104% year over year during the latest round of earning reports, Bank of America wrote in a note Monday. "They have the broadest set of touchpoints throughout the reshoring process," UBS analyst Chris Snyder said. The U.S. reshoring projects announced so far should drive 3% to 6% market growth for the nation's electrical market over the next five to seven years, essentially doubling its previous growth, Snyder calculated.

☆ ‘The reshoring craze is real’ — These companies should benefit, experts say
▼ + stars: | 2022-12-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

A lot has been said about reshoring, as companies look to bring manufacturing back to their home countries, particularly the U.S. Reshoring is essentially companies returning operations to their original country from overseas. "The reshoring craze is real, especially as you continue to hear more and more about this general theme of deglobalization," he said. "They sell into the construction of the factory, they sell into the equipment of the factory, the automation of the factory." The company's equipment is needed for big semiconductor manufacturing plants as companies test chips as they are produced, Snyder said.

The hashtag went viral in 2017, but Tarana Burke first started the movement back in 2006. Tarana Burke: My name is Tarana Burke, and I'm the founder of the #MeToo movement. #MeToo is a movement that was founded in 2006 to support survivors of sexual violence, in particular black and brown girls, who were in the program that we were running. We were encountering numbers of girls who were disclosing sexual violence. And sometimes they didn't even know that it was sexual violence.

☆ UBS thinks this under-the-radar automation stock can grow revenue by 500%
▼ + stars: | 2022-09-19 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

UBS is betting that Symbotic, a little known supply chain automation company, can benefit as more companies adopt its technology to mitigate labor and inflation pressures. Analyst Chris Snyder initiated coverage of Symbotic on Monday with buy rating and a price target of $17. "This already attractive growth market [automation] has been accelerated by the pandemic & heightened focus on building resiliency." Supply chain issues have also contributed to inflationary pressures seen around the globe. Because of this, Snyder thinks more companies will increase automation efforts, thus boosting Symbotic's business and stock.

☆ U.S. companies are reshoring at a rapid pace. Here's how to play the trend
▼ + stars: | 2022-08-27 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

The reshoring trend – or companies shifting parts of their manufacturing and supply chains to different countries – has boomed over the last decade. In 2022, reshoring and foreign direct investment jobs announced coming back to the U.S. is on pace hit a record high of 348,493, according to data from the Reshoring Initiative. The trend also includes companies moving parts of their supply chains or manufacturing to different countries abroad. Investing the trend There are a few ways to play the reshoring trend as it continues to unfold. Analysts covering the space generally recommend picking up stocks in companies that stand to benefit from the trend, as opposed to companies in the reshoring process.

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