Roth MKM is offering up its top picks for the fourth quarter as the final three-month stretch of 2023 approaches.
Quarter to date, the Nasdaq Composite is off by more than 5%, lagging the S & P 500 and the Dow Jones Industrial Average .
As 2023 nears an end, here are some of Roth MKM's top picks for the fourth quarter: Shopify is one of the names the investment firm is betting on for the period.
Roth MKM is also betting on Uber Technologies in the fourth quarter, which should benefit over time from improving advertising and subscriptions that should improve profitability, according to analyst Rohit Kulkarni.
According to the firm, Verano shares look significantly undervalued and should get a lift from easing federal regulations and new U.S. adult-use states.
Persons:
Roth, Darren Aftahi, Roth MKM, Rohit Kulkarni, Scott Fortune, Molson Coors, — CNBC's Michael Bloom
Organizations:
Federal Reserve, Nasdaq, Dow Jones, Amazon Prime, Uber Technologies, Verano Holdings, Coors, Molson
Locations:
FCF