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☆ Anheuser-Busch says U.S. marketing head is leaving
▼ + stars: | 2023-11-16 | by ( Marley Jay | ) www.cnbc.com time to read: +1 min

Beer giant Anheuser-Busch says its head of U.S. marketing is leaving, months after its Bud Light brand lost its position as the top beer brand in the country. The company said U.S. Chief Marketing Officer Benoit Garbe will leave at the end of 2023 "in order to embark on a new chapter in his career," with U.S. Chief Commercial Officer Kyle Norrington taking charge of marketing activities. The company said other sales leaders will report directly to Anheuser-Busch CEO Brendan Whitworth. Bud Light lost its U.S. leadership title to Modelo Especial over the summer. Sales of the brand have been falling for years while Modelo's parent, Constellation Brands, gained steam and marketed itself more successfully to younger beer drinkers.

Persons: Bud Light, Benoit Garbe, Kyle Norrington, Brendan Whitworth, Whitworth, influencer Dylan Mulvaney, influencers Organizations: Anheuser, Busch, Bud, ., U.S, Modelo Especial, Constellation Brands, NCAA, women's, Conservative

☆ 2023 will go down as 'the year of disappointment' for homebuyers and sellers, says top appraiser Jonathan Miller. Here's why he says it will take a long time for the market to normalize.
▼ + stars: | 2023-06-01 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

New York appraiser Jonathan Miller has written about US real estate for more than 25 years. He says it will take a few years for the supply of older homes to grow enough to really move prices. Yes, the housing market has come off the boil thanks to a steep increase in interest rates, and prices have slipped from their highs. That long period of low rates, followed by a boom in home sales after the pandemic started, severely reduced housing supply. Until then, Miller says a real correction in housing prices is unlikely because the shortage of homes for sale will keep prices from falling too much.

Persons: Jonathan Miller, they've, Miller, Miller Samuel, Douglas Elliman, Sellers, that's, it'll Locations: York, New York, New York City, Southern California , Florida, Boston

☆ Here's how Bank of America is telling traders to invest up and down the spectrum from large cap to small to book maximum profits while playing smart defense
▼ + stars: | 2023-05-31 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Its equity strategists say that value criteria tend to work best in small- and mid-cap stocks. They added that small caps are an especially good pathway to diversification right now. But they noted that investors can use small caps to diversify their portfolios while also being rewarded for better stock picking. "High Projected Long-Term Growth has not been a strong stock selection factor over the long-term," they wrote. "The best way to pick stocks within small caps over the long-term has been buying stocks with high free cash flow to enterprise value" and other metrics based on free cash flow yields.

Persons: Subramanian, it's, Jill Carey Hall, Nicolas Woods, Woods, Russell, Russell MidCap Organizations: of America, Bank of America, US Equity, Materials, Nasdaq, Bank of

Hamza Fodderwala of Morgan Stanley's pick: Palo Alto NetworksPalo Alto Networks stock over the last 12 months, as of May 25 Markets InsiderTicker: PANWPrice target: $255We think Palo Alto Networks is going to be the first $100 billion market cap company in cybersecurity, or about a $300 stock, within two years. In our view, Palo Alto Networks is the best transformation story in software since Microsoft. In recent years, they've really modernized a lot of their security offerings for the cloud and they have multiple products that are best of breed. They can use that telemetry to feed their AI models and help automate a lot of security. Palo Alto Networks can really address this pain point for customers.

☆ Small cap investing pioneer Chuck Royce told us how he's outperformed for more than 3 decades, and what he's buying now
▼ + stars: | 2023-05-29 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

But Chuck Royce, who has focused on investing in smaller companies for more than 50 years, did exactly that. "We were early in identifying this as a category for investing even before Russell showed up," he told Insider in a recent interview. Royce is the chairman of Royce Investment Partners, which manages $11.8 billion in assets — and 98% of that is invested in small caps. Big success with small capsDespite his deep roots in small-cap stocks, Royce didn't start out with a specific interest in smaller companies. Instead, after some early struggles, he found that buying high-quality smaller companies and putting together diversified portfolios was a good way to limit losses.

☆ GOLDMAN SACHS: Buy these 16 stocks that growth funds are betting big on — and reaping the rewards in 2023
▼ + stars: | 2023-05-28 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Goldman Sachs identified the tech stocks that mutual funds are betting big on right now. Diversified mutual funds aren't supposed to have more than 5% of their assets in any one stock. According to the Investment Company Act of 1940, diversified mutual funds aren't supposed to have more than 5% of their assets invested in any one company — otherwise, they aren't diversified. But that can be difficult when Big Tech stocks comprise such a large portion of indexes across the market. The following 16 tech stocks are overweights in the more-than 500 mutual funds that Goldman Sachs evaluates.

☆ Meet Wall Street's rising stars of equity research, the ones to watch as the stock market faces one of its biggest challenges yet
▼ + stars: | 2023-05-22 | by ( Carter Johnson | Emmalyse Brownstein | Paige Hagy | ) www.businessinsider.com time to read: +2 min

Meet Insider's lineup of up-and-coming talent in the world of equity research. The group hails from JPMorgan, Morgan Stanley, Goldman Sachs, and other top Wall Street firms. Lizzul is one of Insider's equity-research rising stars for 2023, a group of 17 up-and-coming research analysts covering a range of sectors, including energy and cybersecurity. To qualify for the list, analysts had to be 35 or younger, based in the US, working in sell-side equity research at a Wall Street firm, and producing work that stood out from competitors. Here is Insider's 2023 list of the top up-and-coming stars of equity research on Wall Street:

☆ BANK OF AMERICA: Buy these 20 stocks that share the 3 characteristics that should outperform once the Fed stops raising interest rates
▼ + stars: | 2023-05-21 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Bank of America says it believes the Federal Reserve is done raising interest rates for now. The biggest question for investors and market participants today is whether the Federal Reserve is really done raising interest rates — for now, at least. BofA says the economy is in a downturn phase, and recommends buying bigger, "higher quality" stocks in the SMID cap space. They're also recommending a related but slightly different approach based on the types of stocks that have typically succeeded right after the Fed has stopped raising rates. The following stocks fit all three of the quality, value, and technical criteria and had "Buy" ratings from Bank of America's analysts as of May 16.

☆ Another Fed rate hike in June is a bigger possibility than investors think, according to longtime strategist Lindsey Bell. She told us why, and what to buy now.
▼ + stars: | 2023-05-18 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Investors have grown confident that the Federal Reserve is done raising interest rates for now. Bell says the Fed may not be done raising rates since some important inflation measures remain high. The widespread expectation among investors is that the Federal Reserve is now on pause, and will leave interest rates where they are for a while. "The consumer and corporations are absorbing higher interest rates probably better than most people had anticipated," she said. And Lee pointed to decreases in parts of the economy that are more sensitive to interest rates.

☆ 3 reasons why regional US banks are in good shape after several failures, and why the stocks could be real bargains, according to a 30-year analyst and portfolio manager who's betting on 5 now
▼ + stars: | 2023-05-17 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Susan Curry is a former analyst and a portfolio manager covering financial firms for Manulife. Bank stocks have been crushed as investors saw several US financial firms fail. Curry says that most banks are in solid financial condition and their stocks look attractive. A 30-year Wall Street veteran, Curry is a former analyst who runs the firm's Capital Appreciation team, is the lead portfolio manager of its Financial Industries strategy, and a portfolio manager of the Bank Opportunities strategy. The leading regional bank positions in the Bank Opportunities Fund that Curry co-manages were M&T Bank, Regions Financial, Citizens Financial, US Bancorp, and KeyCorp.

☆ MORNINGSTAR: These 11 regional bank stocks are deeply undervalued and should survive the intense pressures hitting the sector today
▼ + stars: | 2023-05-14 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Morningstar's chief US stock strategist says many regional bank stocks are dramatically oversold. Dave Sekera says a handful of bank stocks can be had for less than half of their fair values. If you haven't heard, bank stocks are having a bad time. The iShares US Regional Banks ETF, which tracks the sector, is down 40% over the last six months. Sekera wrote that earnings for regional banks will continue to decline for the rest of 2023, then start to recover next year.

☆ The manager of an award-winning credit fund that's tripled its benchmark since 2014 told us how he's staying ahead of a recession and credit crunch
▼ + stars: | 2023-05-13 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

The River Canyon Total Return Bond Fund has out-returned 99% of similar credit funds for five years. When Sam Reid says his River Canyon Total Return Bond Fund "has no competition," it sounds like a boast. But what he's actually saying is he's able to invest in a much wider range of assets than managers of other credit funds. He added that his fund "sits in between the hedge fund world and the vanilla mutual fund world." Reid also said he's been working to reduce the duration in his portfolios ahead of a recession.

☆ A UBS asset allocation chief told us what investors should own to profit from a market that's facing the triple threats of little upside, a recession, and a banking crisis
▼ + stars: | 2023-05-10 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

He told Insider what investors should buy today, and what they should buy if prices come down. Almost a year ago investors became convinced that, as the Federal Reserve began dramatically raising interest rates to contain inflation, a recession would swiftly follow. A year later, the recession still hasn't started — but there's still a great deal of confidence that one is coming any day now. Draho said that performance reflects the fact that investors think things are going to turn out fairly well. "You're going to get a better return from investment grade corporate bonds," with many high-quality bonds still yielding 5% or more.

☆ 2 top housing experts break down why they expect a downturn in prices that could last several years, and how it might impact buyers in very different ways
▼ + stars: | 2023-05-09 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Housing market expert Ivy Zelman and real estate investing pro Scott Trench approach the housing market from very different perspectives, but they can still see eye-to-eye on some things. The two real estate pros took different stances when it comes to the single family housing market, however. "BRRR" was a hit in a lower-rate environment, especially as housing prices climbed over the last few years. Ivy Zelman is a housing expert who identified the market bubble in the 2000s and called the housing market turnaround in 2012. The forthcoming recession is going to trump all other housing market price trends, she predicted, and there will either be a correction in interest rates or in housing prices.

☆ BANK OF AMERICA: Buy these 16 healthcare stocks to capture their collective 50% upside ahead of a sector rally
▼ + stars: | 2023-05-07 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Bank of America says healthcare stocks are usually strong performers in economic downturns. Their solid earnings and low valuations should help healthcare stocks going forward. The firm named 16 favorite stocks in the sector, including 3 that it thinks could double in price. Healthcare stocks aren't having a great year, but Bank of America says it sees signs that the tide is going to turn. Bank of America says the following 16 names are the best defensive and high-upside small- and mid-cap stocks in healthcare.

☆ Saturna Capital's 3 stock funds are all out-earning their competitors while sticking to Islamic investing rules. Its managers told us how the combination works.
▼ + stars: | 2023-05-05 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Saturna follows Islamic rules, which also prohibit speculation and profiting from interest. The firm's Amana Income fund is the fourth-best US large company stock fund over the 12 months that ended March 31, according to Kiplinger. The firm's Developing World Fund has out-returned 92% of competing funds over the last five years. Scott Klimo is the chief investment officer and co-manages three stock funds for Saturna Capital. Buying an unprofitable or high-priced growth stock and hoping it goes on a rocket ride is not.

☆ Contrarian investor Mike Dever shared with us 2 vital lessons he learned from his highly profitable association with legendary trader Paul Tudor Jones
▼ + stars: | 2023-05-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Starting in the 1980s, he crossed paths with leading investors, including Paul Tudor Jones. Dever says Jones delivered huge returns for Dever's clients, and explains what he learned from Jones. He also invested for several years in the 1980s with Paul Tudor Jones, now a billionaire hedge fund manager. While Dever remembers being very impressed by the returns Jones delivered, he also recalls what he learned from the approach that went into them. Shortly after Dever invested with Jones, Jones had a bad run in the bond market.

☆ A Baillie Gifford manager who oversees a $564 million fund details 4 of the top investing themes she's pursuing, including 3 stocks she likes right now
▼ + stars: | 2023-05-03 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

The firm is known for growth investing, but she says she's picking defensive, stable winners. Mileva told Insider about some of the industries and stocks she likes the most today. How is a company that's known for board games and fantasy figurines anything like a company that owns world famous luxury brands with products like high fashion accessories, champagne, and yachts? That's the view of Milena Mileva, the manager of Baillie Gifford's $564 million Developed EAFE All Cap fund, and an expert on international stocks. These are the ones that historically have been the most successful examples," she told Insider in a recent interview.

☆ The CEO of BiggerPockets explains why real-estate investors should have a 'healthy fear' of the market right now — and why they should avoid the once-popular BRRR method entirely
▼ + stars: | 2023-05-02 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Scott Trench is the CEO of real estate investing platform BiggerPockets. BRRR is a way to make quick profits and build up a sizable real estate portfolio, and until recently, market conditions were very favorable for the approach. Interest rates have risen quickly by historic standards, but the fact that rates were going to go up significantly was clear in advance. How to handle today's housing marketWhile the last decade or so was great for renovators and flippers, Trench says real estate investors need to be cautious now. But now that it's much more expensive to borrow money, Trench said that listeners and forum members are looking for other ways to finance their purchases.

☆ Buy these 16 high-cash-returning stocks to secure the best chance at outperformance as the economy keeps slowing
▼ + stars: | 2023-04-30 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

David Kostin at Goldman Sachs says investors should buy stocks that return a lot of cash. With the economy apparently losing steam, he wrote that companies that return cash to their shareholders will become appealing investments in the months to come. But Kostin wrote that today's economic climate is going to change all that. "During the last decade, stocks paying high and stable dividends have outperformed those with the largest buybacks when underlying dividend growth was stronger than buyback growth," Kostin wrote. Still, he says conditions will favor cash-returners broadly, and the following 16 stocks return cash to shareholders at a far greater rate than their peers.

☆ BlackRock bond chief Rick Rieder manages $2.7 trillion and just took home a Morningstar award for best portfolio manager. He told us how he's investing as the economy fades.
▼ + stars: | 2023-04-28 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

As head of BlackRock's fixed income unit, Rick Rieder is responsible for $2.7 trillion. He told Insider he expects the recent banking crisis to slow the US economy by about 0.5% this year. Rick Rieder of BlackRock has long been one of the biggest names in the bond market, and now he's bringing home some hardware to back up his credentials. Rieder's flagship BlackRock Total Return Fund is still ahead of its competition this year, delivering a 4.4% return in a difficult bond market. Rieder said the US economy is still healthy, but he expects that strength to fade — and is adjusting his portfolios accordingly.

☆ Ivy Zelman called the last two big downturns in home prices. She told us that renters are about to get some very good news.
▼ + stars: | 2023-04-27 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Ivy Zelman predicted the housing market downturn in the 2000s and in 2022. When Ivy Zelman says the housing market is due for a turn, people tend to listen. Conditions look more balanced in other parts of the housing market, Zelman says. "We're not in the camp that a lack of inventory is a positive for the housing market," she said. "The housing market is not immune to what will ultimately be a recession with a credit crunch that has just begun," she said.

☆ Mike Dever has a 40-year track record of outperforming various markets by rejecting conventional wisdom. He told us 4 ways investors can mimic his approach today.
▼ + stars: | 2023-04-26 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Mike Dever is the founder and CEO of Brandywine Asset Management and author of "Jackass Investing." Over the course of four decades in investing, Michael Dever has learned that the bedrock of most people's beliefs about the stock market are faulty. Investing in stocks and bonds is adequate portfolio diversification? Dever says investors cost themselves a lot of money every year by falling for phony conventional wisdom, and that there's a better way to invest. Investors also accept limits on how much profit they'll make, but an investor who's concerned about a market downturn might see that as a worthwhile trade.

☆ JEFFERIES: Buy these 18 stocks that are set for outperformance the rest of the year after dropping to long-term low prices
▼ + stars: | 2023-04-23 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Jefferies says that investors are acting like it's 2018 or 2020 and buying secular growth stocks. Strategist Steven DeSanctis says that's a mistake, as the stocks are expensive and facing headwinds. Jefferies strategist Steven DeSanctis recently warned that a lot of investors are fighting the last war when it comes to preparing their portfolios for a recession. They're doing so by buying long-term secular growth stocks, as they did at two other pivotal periods in the last few years. "Small is now back to fair value on our absolute valuation model and 15th percentile on a relative basis," DeSanctis wrote.

☆ The rest of 2023 is the 'best period' for stocks in a 12-month span, Nationwide's research chief says. Here's why history shows investors have a brief window of opportunity, and what to snap up while
▼ + stars: | 2023-04-19 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Nationwide Chief of Investment Research Mark Hackett says it's a good time to buy stocks. Few experts were surprised when stocks got off to a good start this year, rebounding from a difficult 2022. Hackett is more bullish on almost anything else, especially small cap stocks, value stocks, and non-US names. And eventually, the calm period ahead will inevitably give way to presidential election season, where politics tends to intrude on market performance. "The best period for equity market returns is the period we're in.

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