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☆ Stocks making the biggest moves midday: Alphabet, Boeing, AMD, Microsoft, Paramount and more
▼ + stars: | 2024-01-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Alphabet — Shares fell 6.3% after the company posted disappointing fourth-quarter advertising revenue. Late Tuesday, Alphabet posted beats on both top and bottom lines, but its advertising revenue of $65.52 billion fell below analysts' forecast of $65.94 billion, per StreetAccount. Starbucks — Shares fell 0.5% after the coffee giant issued disappointing forward guidance due to a boycott in the U.S. and a weaker Chinese consumer. Adjusted earnings per share for the fourth quarter came in at $3.46 versus the $3.27 expected, per FactSet. Manhattan Associates — The supply chain software provider surged 8% after fourth-quarter adjusted earnings and revenue topped analysts' estimates, per FactSet.

Persons: Byron Allen, NYCB, Tesla, Elon Musk, Roth, Morgan Stanley, SoFi, Stryker, Genuity, —, Alex Harring, Samantha Subin, Sarah Min, Jesse Pound, Lisa Kailai Han, Michelle Fox, Pia Singh Organizations: Boeing, Paramount, AMD, Microsoft, Starbucks, New York Community Bancorp, Bank, Technologies, Rockwell, —, Wall Street, Revenue, Manhattan Associates Locations: U.S, Delaware, Georgia

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Alphabet, Microsoft, AMD, Meta, Spotify & more
▼ + stars: | 2024-01-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Microsoft as overweight Morgan Stanley raised its price target on the stock to $465 per share from $450 following earnings. Morgan Stanley reiterates Alphabet as overweight Morgan Stanley raised its price target on the stock to $165 per share from $150 and said it's standing by Alphabet shares after earnings on Tuesday. " Bank of America reiterates Meta as buy Bank of America said it's bullish heading into Meta earnings on Thursday. Bank of America reiterates Advanced Micro Devices as buy Bank of America said it's standing by its buy rating following earnings on Tuesday. Morgan Stanley downgrades Sofi to underweight from equal weight Morgan Stanley said in its downgrade of SoFI that it sees too many "near-term revenue headwinds."

Persons: Morgan Stanley, it's, Johnson, William Blair, Roth, Stryker, SYK, Morgan Stanley downgrades Sofi, Baird, Tesla, Elon Musk's, Elon, Wells Organizations: Bank of America, Meta, " Bank of America, Devices, AMD, Citi downgrades Deutsche Bank, Citi, Deutsche, Deutsche Bank, Palo Alto Networks, UPS, Argus, Canaccord, UBS, Informa Tech, UW, Barclays, Verizon, JPMorgan, Apple, GFL, Spotify Locations: GenAI, Georgia

☆ To stream or not to stream: Hollywood studios could send more films to the big screen as Wall Street pushes for profits
▼ + stars: | 2024-01-31 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

Since it came out on Jan. 12, the $36 million film has tallied $83 million globally, according to data from Comscore. Low-budget films are typically those that cost under $20 million — films from the horror genre often fall in this category, as well as some independent features. The annual box office those years reached $11.9 billion and $11.4 billion, respectively. Domestic wide releases by year 2017 — 107 wide releases2018 — 112 wide releases2019 — 112 wide releases2020 — 32 wide releases2021 — 67 wide releases2022 — 71 wide releases2023 — 95 wide releases * Wide releases are any films that debut in more than 2,000 locations. Source: ComscoreIn 2023, 95 films had wide releases, 15% fewer titles than pre-pandemic times, and the box office barely surpassed $9 billion.

Persons: Bebe Wood, Renee Rapp, Avantika, Eric Handler, Roth, Paul Dergarabedian, Demeter, — Organizations: Plastics, Paramount Paramount, Paramount, Wall Street, Street, Netflix, Disney, Universal, Warner Bros Locations: Comscore

☆ The stock market rally is showing signs of exhaustion, according to multiple chart analysts
▼ + stars: | 2024-01-29 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Several chart analysts are worried stocks are showing signs of exhaustion after their recent rally. Even there, however, we started to see some cracks last week as upside exhaustion also showed itself," Krinsky added. JC O'Hara, chief market technician at Roth MKM, wrote: "This persistence of gains is rare, and we are seeing signs that leadership is feeling exhaustion." However, when we view the chart, we find early signs of bullish exhaustion," O'Hara wrote. "From a trading basis, lethargic internal behavior suggests the bull cycle is due for a breather," Wald wrote on Saturday.

Persons: Jonathan Krinsky, Krinsky, JC O'Hara, Roth MKM, O'Hara, Rob Ginsberg, Ginsberg, SMH, that's, Oppenheimer's Ari Wald, Russell, Wald Organizations: Reserve, Microsoft, Nasdaq, Bears, Wolfe Research, VanEck Semiconductor

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Coinbase, Tesla, Meta, Exxon, Microsoft & more
▼ + stars: | 2024-01-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Cantor Fitzgerald initiates Nvidia as buy Cantor said in its initiation of Nvidia that the stock is a top pick at the firm. Bank of America adds Apple to the US1 list Bank of America added the stock to its top picks list. TD Cowen upgrades Exxon to outperform from market perform TD says shares of Exxon are "compelling." Oppenheimer initiates Flywire as outperform Oppenheimer initiated the payments company with an outperform rating and said Flywire is a growth stock. Guggenheim reiterates Tesla as sell Guggenheim says it's sticking with its sell rating on Tesla heading into earnings on Wednesday.

Persons: Cantor Fitzgerald, Cantor, it's, TD Cowen, Wells, Jefferies, Enphase, Goldman Sachs, Goldman, JMP, SIRI, Oppenheimer, Flywire, JPM, Philip Morris, Morgan Stanley, Evercore, Guggenheim, Tesla, Roth, Boston Beer, Stephens Organizations: Nvidia, Citi, Meta, Bank of America, Apple, Apple Inc, Chevron, Exxon, ENPH, JPMorgan, NRG Energy, Liberty, Liberty Media, Brands, UBS, Duke Energy, AEP, Guggenheim, Boston Beer, Boston Locations: North Carolina, underperform, OW

☆ Dividend-paying stocks could rise in 2024. Investors like these plays for the new year
▼ + stars: | 2023-12-28 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

Dividend-paying stocks took a backseat to this year's tech-driven market rally, but 2024 could be the year that they come back in vogue. A couple of catalysts could swing the pendulum back in favor of dividend payers in 2024, including the Fed's forecast for three rate cuts in the new year. "Not only do you get the dividend yield and dividend growth, but you get some capital appreciation perhaps – that's where it gets interesting," he added. Special dividend payers Kim Abmeyer, certified financial planner and founder of Abmeyer Wealth Management in Dallas, sees dividend-paying stocks coming into focus for 2024. The energy company in November announced that it raised its regular dividend by 10% and it declared a $1.50 per share special dividend.

Persons: gangbuster, Charlie Gaffney, Eaton Vance, Gaffney, bode, Bernstein, it's, Nelson, Piper Sandler, Paul Newsome, Kim Abmeyer, Abmeyer, Stocks, Roth MKM's Leo Mariani Organizations: Big Tech, Nasdaq, Morgan Stanley Investment Management, Broadcom, VMware, Evercore ISI, Disney, Allstate, Abmeyer Wealth Management, Costco Wholesale, Costco Locations: Dallas

Bank of America raised its rating on Adecoargo to buy , with its price target pointing to more than 26% upside. The firm maintained its $450 price target on the pizza chain, which implies shares could jump 12.6%. Analyst Doug Anmuth upped his price target by $15 to $220, implying shares could still gain more than 13%. The firm's new $230 price target implies the overweight-rated stock could gain 18.5% over the next 12 months. The analyst increased his 2024 year-end price target to $30 per share, which suggests 32.2% potential upside from Monday's close.

Persons: Piper Sandler, Oppenheimer Oppenheimer, Brian Bittner, Bittner, — Pia Singh, Jessica Reif Ehrlich, Ehrlich, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Roth, Chip Moore, Moore, Nuvera, Yuri Fernandes, Fernandes, …, Piper Sandler downgrades Albemarle, Charles Neivert, Neivert, Isabella Simonato, Fred Imbert Organizations: CNBC, Bank of America, Spotify, Analysts, JPMorgan, Yale, Hyster, Argentine Locations: Argentina, Albemarle, 4Q23, China, Europe, 2024E, 2025E

☆ Here are Tuesday's biggest analyst calls: Netflix, Apple, IBM, Coinbase, Nike, Domino's, Meta, Charles Schwab and more
▼ + stars: | 2023-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Goldman Sachs reiterates Nike as buy After a transfer of analyst coverage, Goldman Sachs said it sees improving growth for Nike shares. UBS downgrades United Rentals to neutral from buy UBS said in its downgrade of the equipment rental company that it sees a more balanced risk/reward. UBS reiterates Apple as neutral UBS said its analysis of Apple's App Store shows revenue increasing. UBS reiterates Netflix as buy UBS said it's standing by its buy rating on Netflix shares after hosting the company at a conference. William Blair reiterates Charles Schwab as outperform William Blair named Schwab a top pick for 2024, noting it's well-positioned.

Persons: Raymond James, Piper Sandler downgrades Albemarle, Piper Sandler, it's, Goldman Sachs, Roth, Roth MKM, TD Cowen, Bernstein, Mizuho downgrades Prologis, Wells, Wells Fargo, Oppenheimer, Domino's, Elliott, Morgan Stanley, Meta, Needham, Coinbase, JPMorgan, Raymond James downgrades Lululemon, LULU, Strong, William Blair, Charles Schwab, Schwab Organizations: Crescent Energy, Energy Company, Eagle Ford, UW, Nike, Bank of America, UBS, Credit Suisse, Yale, HY, United Rentals, Apple, Semiconductors, JPMorgan, IBM, Consulting, Mizuho, Marriott, of America, Netflix, Management, Integra, Financial, ISI, Disney, BR, Cargo Therapeutics, Citi, Travere Therapeutics Locations: Houston, Uinta, Eagle, LTHM, 2024E, 2025E, Argentina, Boston, China, Mexican

☆ S&P 500 rallies to key 4,600 level and nears all-time high. What chartists say happens next
▼ + stars: | 2023-12-05 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Investors are watching the S & P 500 after it rallied back toward the key 4,600 level to see if it can break out to new all-time highs. A record high in the S & P 500 looks promising after the broader index on Friday closed at 4,594.63, or its best level since March 2022. In July, the last time the S & P 500 tested the threshold, the rally was led by mega-cap tech stocks. On Monday, the market rally took a breather; the S & P 500 ended the session lower by 0.5%, and it stood about 5% below its record. In fact, one market technician on Monday said the S & P 500 could plunge back to its bear market lows in 2024.

Persons: Stocks, Wolfe, Rob Ginsberg, Ginsberg, BTIG's Jonathan Krinsky, you've, JPMorgan's, Jason Hunter, Hunter, CNBC's, Adam Turnquist, he's, Oppenheimer's Ari Wald, Wald, JC O'Hara, Roth MKM, Lululemon, O'Hara, — CNBC's Michael Bloom, Chris Hayes Organizations: Broadcom Locations: oversold

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, GM, Uber, Carvana, Nike, Palo Alto & more
▼ + stars: | 2023-12-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo downgrades Lululemon to equal weight from overweight Wells said in its downgrade of the stock that it sees less balanced risk/reward. Morgan Stanley downgrades Sea Limited to equal weight from overweight Morgan Stanley downgraded the Singapore-based tech conglomerate until its business outlook is clearer. Morgan Stanley upgrades Insulet to overweight from equal weight Morgan Stanley initiated the insulin pump therapy company and said it sees room for further gains. Wells Fargo reiterates Nike as overweight Wells says Nike is a top defensive pick for 2024. Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said Palo Alto shares have the poten tial to rise further.

Persons: Morgan Stanley, Mizuho, Wells, LULU, Roth, Evercore, Piper Sandler, Piper, NVDA, Goldman Sachs, Goldman, it's bullish, KeyBanc, Worthington Enterprises –, TD Cowen, Coinbase, underperform TD Cowen, Oppenheimer, Uber, Truist, Herc, Palo Organizations: West Bancorp, Bank of America, Union Pacific, US Bancorp, Motors, Mizuho, GM, UAW, UBS, Apple, Deutsche Bank downgrades Anheuser Busch InBev, Deutsche, Deutsche Bank, Airlines, Alaska, " Bank of America, Google, Walmart, Nvidia, AMD, European Partners, Coke, JPMorgan, of America, Magellan, MMP, Arrowhead Pharmaceuticals, Arrowhead Pharma, Worthington Steel, Worthington Industries, Worthington Enterprises, Barclays, Resources, Herc Holdings, United Rentals, Nike, Palo Alto, Palo Locations: China, Singapore, Indonesia

Roth MKM downgraded the company to neutral from buy and cut its price target by $9 to $2. Janney, meanwhile, downgraded ChargePoint and assigned a price target of $5, which implies roughly 59% potential upside. Stifel, on the other hand, kept its buy rating and $10 price target based on its long-term view of the stock. Analyst Joseph Moore upgraded the semiconductor manufacturer to overweight from equal weight and upped his price target on the stock by $49 to $225. Kumar has an overweight rating on the stock and a price target of $620, implying upside of 25%.

Persons: Morgan Stanley, Piper Sandler, Roth MKM, Janney, Roth, Craig Irwin, — Pia Singh, Tyler Radke, Radke, Mark Mahaney, Mahaney, Airbnb, Joseph Moore, Moore, Harsh Kumar, Kumar, Fred Imbert Organizations: CNBC, EV, Citi, Communications, Microsoft, ISI, Nvidia Locations: Thursday's, North America, Europe, 2Q24 —, U.S

☆ U.S. crude oil fell into a bear market this week and could head lower as China 'haunts the market'
▼ + stars: | 2023-11-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

U.S. crude oil prices entered a bear market this week, down 22% from September highs as traders wrangle over whether the spiral is driven by market fundamentals or just speculation. Phil Flynn, an oil market analyst with the Price Futures Group, said hedge funds have piled into short positions. There is still some "grind lower" in prices in store unless more positive data comes out of China, he said. If prices keep falling, the U.S. will slip from record production because shale producers will have trouble making money and stop investing, he said. The group has blamed speculators for the recent selloff and insisted market fundamentals are strong with China demand healthy.

Persons: Leo Mariani, Roth MKM, Phil Flynn, John Kilduff, Flynn, Kilduff, Matt Maley, Miller, Daniel Yergin, Yergin, Brent, — CNBC's Pippa Stevens Organizations: West Texas, Brent, Price Futures, Energy Information Agency, Again, Traders, P Global, Organization of, Petroleum, UBS, OPEC Locations: China, U.S, Canada, Brazil, Guyana, East, Israel, Persian, Hormuz

☆ Here are Friday's biggest analyst calls: Nvidia, Zoom, Expedia, Analog Devices, Cava, Roblox, Dick's & more
▼ + stars: | 2023-11-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Roth MKM downgrades ChargePoint to neutral from buy Roth said it's concerned about weak demand for charging equipment. UBS upgrades Pacific Biosciences to buy from neutral UBS said the biotech company has growth potential. Citi reiterates Microsoft as buy Citi said it's standing by its buy rating on the stock. Morgan Stanley upgrades Analog Devices to overweight from equal weight Morgan Stanley said the bottom is in sight for the semiconductor company. Truist initiates Dick's as buy Truist said in its initiation of the stock that it sees an attractive buying opportunity. "

Persons: Evercore, Roth, it's, CHPT, Wolfe, underperform Wolfe, RBLX, GitLab, Hubbell, Morgan Stanley, Carvana, Raymond James, Cava, Redburn, Piper Sandler, Piper, buybacks, Baird, Truist, Lululemon, Kimberly, Clark Organizations: EV, UBS, Pacific Biosciences, Citi, Microsoft, Barclays, JPMorgan, HSBC, UW, downgrades, Products, Nvidia, Coherus BioSciences, Goods, Zim Locations: ChargePoint, billings, 2Q24

☆ An eventual recession will force the Fed to cut rates, says Roth MKM's Michael Darda
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAn eventual recession will force the Fed to cut rates, says Roth MKM's Michael DardaMichael Darda, chief economist and macro strategist at Roth MKM, joins 'The Exchange' to discuss the state of tech and consumer discretionary, where the investment opportunities are, and more.

Persons: Roth, Michael Darda Michael Darda

Tuesday started with Nvidia getting more praise from one analyst, and a battery stock downgrade. She has a price target of $40 on shares, which suggests 20.3% upside potential from where shares closed on Monday. The firm initiated the stock with a buy rating and $125 price target, which suggests 7% upside from Monday's close. "3Q brings a narrative change in FREY's outlook with new risks to tech, strategy and funding that's been appropriately discounted by the stock market. He also slashed his price target to $2 from $13, which suggests 14.3% upside from Monday's close.

Persons: Tuesday, Morgan Stanley, Freyr, Paul Matteis, Matteis, Vistagen, — Hakyung Kim, BeautyHealth, Allen Gong, Gong, Benjamin Soff, Soff, Bernstein, Kraft Heinz, Alexia Howard, Howard, Miguel Patricio, Roth, Suji Desilva, Desilva, Morgan Stanley downgrades Freyr Battery Morgan Stanley isn't, that's, FREY, Adam Jonas, Jonas, Vivek Arya, — Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Therapeutics Biotechnology, Vistagen Therapeutics, JPMorgan, Deutsche Bank, Rockstar, Kraft, Kraft Heinz, AMD, Investment, Freyr's, Nvidia Bank of America Locations: U.S, Monday's, Freyr's Norwegian

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more
▼ + stars: | 2023-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.

Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S

☆ Two chip stocks are surging this week. Options traders bet one will keep going and one will falter
▼ + stars: | 2023-11-02 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Two of the semiconductor stocks that reported this week saw some big post-earnings moves and substantially above-average options trading activity. Among the biggest winners were Wolfspeed Inc. (WOLF) and Advanced Micro Devices Inc. (AMD) . AMD WOLF 5D mountain AMD vs Wolfspeed, 5 days Are options markets aligned with these spikes or fading them using them as opportunities to initiate new bearish positions? Betting against Wolfspeed Wolfspeed popped sharply after a modest topline beat. Betting on AMD Unlike WOLF, AMD was up over 50% year-to-date going into the print so the pop wasn't a short-covering rally.

Persons: Wolfspeed, Roth MKM, Canaccord Genuity, Morgan Stanley Organizations: Wolfspeed Inc, Devices Inc, AMD, Carbide, JPMorgan, Citi, Deutsche Bank, WOLF, Management, Nvidia, supercomputing

☆ The advertising environment is getting tougher to navigate. How these investors are trading it
▼ + stars: | 2023-11-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

A strong advertising market may be starting to feel the pressure from geopolitical risks erupting aboard and a higher-for-longer interest rate environment. But comments from some major technology players last week led to increasing questions that some investors have struggled to shake off. META 5D mountain Meta shares in recent trading sessions That concern added to declines in other ad-focused technology names, with Alphabet dropping nearly 10%. Instead, Tengler favors companies such as Amazon and Microsoft , which offer some, but less concentrated, exposure to advertising. Technology investor Paul Meeks is also shying away from the most popular advertising players — and big technology as a whole — until he sees a better setup for interest rates.

Persons: Susan Li, Gene Munster, Laffer, Nancy Tengler, Paul Meeks, Meeks, Roth, Rohit Kulkarni, Kulkarni, Michael Bloom Organizations: Apple, Meta, YouTube, Federal, Investments, Microsoft, Technology Locations: Israel, Munster, Ukraine

☆ The analysts who study price charts for a living don’t like this stock market
▼ + stars: | 2023-10-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The stock market is showing signs of shaking off its late summer slump, paving the way for a potential year-end rally. The S & P 500 is up more than 3% since Oct. 3 and has risen comfortably above its 200-day moving average near 4,200. And other indexes that try to better represent the entire market than the S & P 500 are showing weakness, according to a Monday note from Strategas strategist Chris Verrone. "These have been very messy charts, but both the equal-weight S & P and the Russell 2000 are again back to negative standing in our proprietary trend model," Verrone said. "The S & P 500 continues to track its seasonal tendency as well.

Persons: JC O'Hara, Roth MKM, Jonathan Krinsky, Chris Verrone, Russell, Verrone, Verrone's, Jason Trennert, Frank Gretz, Wellington Shields, Gretz, Oppenheimer, Ari Wald, " Wald, — CNBC's Michael Bloom Organizations: Wall, Nasdaq, Wellington, CNBC Locations: U.S, uptrends

☆ These defensive stocks could help investors fortify their portfolio in this risky market
▼ + stars: | 2023-10-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

They must offer income — that is, a dividend yield in excess of 2%. Take a look at the stocks that can help bolster investors' portfolios: Beverage giant Molson Coors made the list of stocks ideal during unstable times. TAP YTD line Molson Coors year-to-date performance Networking and cloud solutions giant Cisco Systems also made the list. In September, Bunge also came up in a CNBC Pro screen for defensive stocks to help investors ride out a market sell-off. Stock Chart Icon Stock chart icon Molson Coors year-to-date performanceNetworking and cloud solutions giant Cisco Systems also made the list.

Persons: Molson Coors, Roth, Bill Kirk, Molson, Kirk, Goldman Sachs, Bunge, FactSet, —, Darla Mercado, Michael Bloom, Tiffany Hagler Organizations: CNBC, Beverage, Molson, Molson Coors, TAP, Cisco Systems, Cisco, Packaging Corporation of America, CME Group, Geard, Bloomberg, Getty, Equity, AFL Aflac, Bunge, Corp, America, Molson Coors Beverage Co, FactSet Beverage, Cisco Systems Inc Locations: Israel

☆ M&As are heating up, we're gonna continue to see more deals, says Roth MKM's Leo Mariani
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailM&As are heating up, we're gonna continue to see more deals, says Roth MKM's Leo MarianiRoger Read, Wells Fargo senior analyst, and Leo Mariani, Roth MKM senior analyst, join 'Closing Bell Overtime' to talk a possible merger between Exxon Mobil and Pioneer Natural.

Persons: we're, Roth MKM's Leo Mariani Roger Read, Wells, Leo Mariani, Roth MKM Organizations: Wells Fargo, Exxon Mobil

☆ Headed into Q4, economic indicators suggest additional stress, says Roth MKM's Michael Darda
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHeaded into Q4, economic indicators suggest additional stress, says Roth MKM's Michael DardaMichael Darda, Roth MKM chief economist and market strategist, joins 'The Exchange' to discuss the long variable lags of Fed policy, signs of fractures in the economy, and the likelihood of a year-end rally in equities.

Persons: Roth, Michael Darda Michael Darda

☆ Stocks making the biggest moves premarket: Warby Parker, HP, Point Biopharma and more
▼ + stars: | 2023-10-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Co-CEOs Neil Blumenthal and Dave Gilboa of Warby Parker at the New York Stock Exchange on Sept. 29, 2021. Warby Parker — Warby Parker jumped about 4% after Evercore ISI upgraded the eyeglass retailer to an outperform rating, saying shares could rally more than 50% as the company's margins and revenue growth reaccelerate. Eli Lilly , Point Biopharma — Shares of Point Biopharma popped 85% after Eli Lilly announced it would buy the cancer therapy maker for $12.50 a share in cash, or roughly $1.4 billion. Warner Music Group — Warner added 3.5% after UBS upgraded the stock to buy from neutral. Emerson Electric — The industrial giant dipped 1% in premarket trading after UBS downgraded the stock to neutral from buy, citing the company's valuation and limited upside.

Persons: Neil Blumenthal, Dave Gilboa, Warby Parker, Warby Parker — Warby Parker, Eli Lilly, Biopharma, McCormick —, McCormick, Roth MKM, —, Alex Harring, Sarah Min, Michelle Fox, Pia Singh Organizations: New York Stock Exchange, ISI, HP, Bank of America, StreetAccount, Warner Music Group, Warner, UBS, KeyBanc, Emerson

☆ Stocks making the biggest moves midday: Meta, Warby Parker, McCormick and more
▼ + stars: | 2023-10-03 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

McCormick spices are displayed on a shelf at a supermarket in San Anselmo, California, on March 28, 2023. Warby Parker — The eyewear maker popped 3.4% after Evercore ISI upgraded shares to outperform from in line. Rivian Automotive — Shares of the electric vehicle maker lost 8.3%, even though Rivian's deliveries topped estimates and showed sustained demand. Earlier in the day, Evercore ISI added a tactical outperform rating on the stock, noting it appears oversold near term. However, Evercore ISI reiterated a long-term in-line rating on Ally and trimmed its 12-month price target.

Persons: McCormick, Warby Parker, Trex, Goldman Sachs, Eli Lilly, Morgan Stanley, KeyBanc, McCormick —, Roth MKM, Alex Harring, Brian Evans, Samantha Subin, Jesse Pound Organizations: ISI, Rivian, EVs, StreetAccount, Meta, Union Facebook Locations: San Anselmo , California, U.S

☆ Here are Roth MKM's top buy ideas for the fourth quarter
▼ + stars: | 2023-09-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

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

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