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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWells Fargo stock sinks after weak second quarter net interest incomeSandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Money Movers' to discuss Wells Fargos second-quarter earnings report and more.
Persons: Sandy Pomeroy, Neuberger Berman, Wells Fargos Organizations: Wells Locations: Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeuberger's Pomeroy: In the process of handing off the consumer economy to the industrial economySandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss if the portfolio manager is impressed by calls for U.S. economic resilience, where consumption's contribution to GDP goes from here, and more.
Persons: Neuberger's, Sandy Pomeroy, Neuberger Berman
Dividend stocks aren't evergreen, but investing in them over several years can pay off, according to one portfolio manager. He isn't the only one to appreciate dividend stocks right now. Neuberger Berman senior portfolio manager Sandy Pomeroy told CNBC earlier in August that dividend stocks haven't been this cheap since the tech boom of the 1990s. CME : Kirby expects the derivatives exchange will "benefit" from volatility in September, a traditionally weak month for stocks. TotalEnergies : The stock has a 5.5% dividend yield, 12% free cash yield, and a "great balance sheet," Kirby said.
Persons: Ben Kirby, Neuberger Berman, Sandy Pomeroy, Kirby, TSMC, Charles Schwab Organizations: Thornburg Investment Management, CNBC, Stock, Big Tech, CME, Kirby Locations: Taiwan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Neuberger Berman's Sandy PomeroySandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss why investors should be in a dividend stock, whether there needs to be a reversal in rates for dividend stocks to work, and more.
Persons: Neuberger, Sandy Pomeroy Sandy Pomeroy, Neuberger Berman
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDividend stocks may see reversal since they're as cheap as the 1990s: Neuberger Berman's PomeroySandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss why investors should be in a dividend stock, whether there needs to be a reversal in rates for dividend stocks to work, and more.
Persons: Neuberger Berman's Pomeroy Sandy Pomeroy, Neuberger Berman
However, they may be missing out if they are bypassing dividend stocks altogether, according to Neuberger Berman senior portfolio manager Sandy Pomeroy, who manages the Neuberger Berman Equity Income Fund (NBHAX) . Right now, dividend stocks haven't been this cheap since the tech boom of the 1990s, Pomeroy said. Dividend stocks have underperformed this year: The SPDR S & P Dividend ETF (SPYD) has a total return of -5% in 2023, per FactSet. In comparison, the SPDR S & P 500 ETF (SPY) has a total return of nearly 15%. Deere, which has a 1.3% dividend yield, reported an earnings and revenue beat before the bell Friday.
Persons: Neuberger Berman, Sandy Pomeroy, Pomeroy, NBHAX, Eaton Organizations: Neuberger, Neuberger Berman Equity Income, Treasury, Neuberger Berman Equity, Caterpillar, Deere, PNC Locations: industrials
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are not expecting oil prices to trade back to $55 or $50: Neuberger Berman’s PomeroySandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss her top three dividend yield picks: PNC, LAMR, CRH.
Persons: Neuberger Berman’s Pomeroy Sandy Pomeroy, Neuberger Berman Organizations: PNC Locations: LAMR
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