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☆ Stifel upgrades Colgate-Palmolive, sees 14% upside driven by strong Hill's pet food sales
▼ + stars: | 2023-10-16 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Colgate-Palmolive has more upside ahead than downside, according to Stifel. Still, the new forecast implies roughly 14% upside from Friday's $70.95 close. Colgate-Palmolive stock has slipped nearly 10% since the start of the year. CL YTD mountain Colgate-Palmolive stock. Stifel also expects year-over-year market share improvement in Colgate toothpaste, "which began in 1Q22 following years of share underperformance, to continue," Astrachan said.

Persons: Mark Astrachan, Stifel, Astrachan, Morgan Stanley, Morgan, — CNBC's Michael Bloom Organizations: Colgate, Palmolive Locations: 2Q23, 3Q23, 1Q22

☆ Jim Jordan is unlikely to win the 217 votes needed to be House Speaker, says Stifel's Brian Gardner
▼ + stars: | 2023-10-13 | 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 EmailJim Jordan is unlikely to win the 217 votes needed to be House Speaker, says Stifel's Brian GardnerBrian Gardner, chief Washington policy strategist at Stifel, joins 'The Exchange' to discuss internal division among Republicans stalling the Speakership nomination, the likelihood of another short-term spending bill, and more.

Persons: Jim Jordan, Brian Gardner Brian Gardner Organizations: Republicans Locations: Washington

☆ Congress might be faced with another shutdown next month: Stifel's Brian Gardner
▼ + stars: | 2023-10-04 | 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 EmailCongress might be faced with another shutdown next month: Stifel's Brian GardnerBrian Gardner, Stifel chief Washington policy strategist, joins 'Power Lunch' to discuss the latest news out of Washington.

Persons: Brian Gardner Brian Gardner, Stifel Locations: Washington

☆ We will probably get a government shutdown, but markets will look past it: Stifel's Brian Gardner
▼ + stars: | 2023-09-01 | 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 EmailWe will probably get a government shutdown, but markets will look past it: Stifel's Brian GardnerBrian Gardner, Stifel Financial chief Washington policy strategist, joins 'Squawk Box' to discuss the return of Congress after Labor Day, whether the U.S. can avoid a government shutdown, the impact on markets and investors, Commerce Secretary Gina Raimondo's trip to China, and more.

Persons: Brian Gardner Brian Gardner, Gina Raimondo's Organizations: Stifel Financial, Labor Locations: Washington, U.S, China

☆ The last Nvidia bear on Wall Street throws in the towel and ditches 'sell' rating
▼ + stars: | 2023-08-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

There are no more "sell" ratings for Nvidia on Wall Street following its strong second-quarter earnings. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Morningstar Research analyst Brian Colello upgraded Nvidia to "hold" from its Wall Street-equivalent rating of "sell" in a note on Wednesday. Such growth might be unprecedented in large-cap tech, but we foresee all types of enterprises investing in AI," Colello said. According to data compiled by Bloomberg, Wall Street has 54 "buy" ratings and five "hold" ratings on Nvidia stock.

Persons: Morningstar, Brian Colello, Colello, Stifel's Ruben Roy, Roy Organizations: Nvidia, Wall, Service, Morningstar Research, Bloomberg Locations: TSMC, Wall, Silicon, Colello

☆ The Fed has underestimated the timeline needed to see effects of rate hikes: Stifel's Lindsey Piegza
▼ + stars: | 2023-08-21 | 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 EmailThe Fed has underestimated the timeline needed to see effects of rate hikes: Stifel's Lindsey PiegzaLindsey Piegza, Stifel chief economist, Karyn Cavanaugh, Carolinas Wealth Management CIO, join 'Squawk Box' to discuss the Fed's inflation fight, whether more rate hikes are in store for the rest of the year, the impact on the economy, and more.

Persons: Stifel's Lindsey Piegza Lindsey Piegza, Karyn Cavanaugh Organizations: Wealth Management

☆ China's economy is teetering — and these European companies are among the most at risk
▼ + stars: | 2023-08-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Several signals from China this week suggest that European companies with close ties to the world's second-largest economy may face difficulties in the coming months. "BMW has the highest China exposure among European OEMs [original equipment manufacturers] — we prefer a higher US exposure (which Mercedes has). Methodology: Revenue data by geography was available only for 422 out of the 600 companies on the Stoxx Europe 600 index. FactSet data relies primarily on geographical sales data disclosures from companies directly. When this is not available, FactSet applies a proprietary algorithm to estimate the percentage revenue exposure.

Persons: Mercedes, Daniel Schwarz Organizations: JPMorgan, Eurostat, CNBC, Mining, Rio Tinto, UBS, RBC, Porsche, BMW, Volvo Locations: China, China's, Wall Street, Europe, Mining London, American, Swiss

☆ We see markets staying flat for the rest of the year, says Stifel's Barry Bannister
▼ + stars: | 2023-08-14 | 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 EmailWe see markets staying flat for the rest of the year, says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk Box' to discuss the latest market trends, the state of the U.S. economy, Bidenomics, and more.

Persons: Stifel's Barry Bannister Barry Bannister Locations: U.S

☆ The stock market's 'no recession' relief rally is over. Expect flat markets for the rest of the year.
▼ + stars: | 2023-08-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The "no recession relief rally" has ended for the stock market, according to Stifel's Barry Bannister. The S&P 500 is up about 17% year-to-date, but has declined by about 3% since the start of August. Bannister expects the S&P 500 to finish the year at 4,400, suggesting potential downside of about 2% from current levels. According to data from Bank of America, stock market returns are typically muted between July and December in the third year of the Presidential Cycle, which reference a four-year stock market cycle that tracks with the four-year term of the US President. That's well below consensus estimates of the S&P 500 generating $226 in earnings per share next year.

Persons: Stifel's Barry Bannister, Bannister, Barry Bannister, committement, wouldn't, Stephen Suttmeier Organizations: Service, Federal, Bank of America Locations: Wall, Silicon

☆ Stifel's Bannister expects little change for S&P 500 through year end
▼ + stars: | 2023-08-09 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +1 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. The S&P 500 has rebounded 16.4% so far this year after plunging in 2022, as the economy has so far defied fears of a downturn. Bannister projected the S&P 500 would "trade sideways" in the second half of 2023 and end the year at around 4,400. While inflation has been moderating, Bannister said he expected the consumer price index to end 2023 at around 3.5%, versus a 2.3% average in the 30 years before the COVID-19 pandemic. The inflation rates would result in "keeping Fed tight and S&P 500 flat" in the second half, Bannister said.

Persons: Mike Segar, Barry Bannister, Bannister, Lewis Krauskopf, Jonathan Oatis Organizations: New York Stock Exchange, REUTERS, Thomson Locations: Lower Manhattan, New York

☆ Fed officials very much fear the wage-price spiral, says Stifel's Lindsey Piegza
▼ + stars: | 2023-08-04 | 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 EmailFed officials very much fear the wage-price spiral, says Stifel's Lindsey PiegzaLindsey Piegza, Stifel chief economist, joins 'Squawk box' to preview the July job report, the Fed's inflation fight, and more.

Persons: Stifel's Lindsey Piegza Lindsey Piegza

Yellow's demise underscores the shift in the U.S. trucking industry from too few trucks and truck drivers during the pandemic to too many today. Most U.S. trucking companies have about 20% spare capacity in their networks, Stifel analyst Bruce Chan said in a client note on Monday. Yellow struggled for more than a decade after loading up on debt from acquisitions of rival trucking firms Roadway and USF. Still, it is not good news for Yellow's customers, which likely will face double-digit price increases when they turn that business over to companies, Chan said. "If you weren't prepared for this, it's probably a pretty tough day for you," Adamo said of Yellow's customers.

Persons: Bruce Chan, Chan, Stifel's Chan, Donald Trump, Ken Adamo, it's, Adamo, Lisa Baertlein, Marguerita Choy Organizations: Yellow Corp, Walmart, Teamsters, Forward, TFI, FedEx Freight, Dominion, Apollo Global Management, Analytics, Thomson Locations: ANGELES, U.S, USF, Los Angeles

☆ Behind Prime Day's rosy headlines are mixed signals for back-to-school season. These retail stocks will fare the best
▼ + stars: | 2023-07-19 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +6 min

The National Retail Federation is predicting record spending , whether students are heading back to elementary school, high school or college. Bracing for higher prices as wages fall Baked into that outlook was an expectation held by the vast majority of respondents, 82%, that prices will be higher this year than in 2022. As in the KPMG survey, the gain largely reflected the perception that prices will be higher this year. In the JLL poll, Walmart , Target and Amazon were among the top three retailers parents planned to shop, by a wide margin. Stifel reiterated its price target of $163 for Walmart, saying, "We continue to see more upside than downside from current levels."

Persons: Paul Ashworth, Staples, Mark Astrachan, Astrachan, Stifel, Corey Tarlowe, Tarlowe Organizations: Prime, National Retail Federation, KPMG, Big, Capital Economics, Consumers, Walmart, Target, Old Navy, Kohl's, Macy's, Costco, Adobe Analytics, Jefferies, Amazon, Walmart U.S, Bed Locations: American

☆ Stock market's Q3 will be led by 'cyclical value' stocks, says Stifel's Bannister
▼ + stars: | 2023-07-19 | 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 EmailStock market's Q3 will be led by 'cyclical value' stocks, says Stifel's BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss which areas of the market will do well this quarter, why Stifel doesn't have more aggressive price targets, and why 'buy and hold' will be dead for the next decade.

Persons: Stifel's Bannister Barry Bannister

☆ A fund manager beating 99% of his peers over the last 5 years explains why value is gearing up for a rebound following AI-driven mania — and shares 7 cheap stocks to bet on
▼ + stars: | 2023-07-13 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

A common phrase you'll hear from folks at Smead Capital Management is "fear stock market failure." He manages the Smead Value Fund (SMVLX), which has beaten 99% of similar funds over the last five-year period, and 97% over the last 10- and 15-year periods, according to Morningstar data. Value stocks to buyWithin value stocks, Smead is most bullish on the energy sector, as he believes we're in the earlier stages of a "commodities super cycle." Another area of the market Smead is bullish on right now is shopping mall real-estate investment trusts, or REITs. "Collecting a 6% dividend from them and having upside potential in a stock market that might struggle looks like a winning hand."

Persons: Bill Smead, Smead, he's, Smith Barney, Wells, Ben, we're, Stifel's Barry Bannister, millenials, it's Organizations: APA, DVN, MAC, Smead Capital Management, Morningstar, Smead Capital, Smead, Management, Occidental Petroleum, ConocoPhillips, Property Group, Simon Property Group Locations: OXY, Devon

☆ JPMorgan says buy this 'well managed' Mediterranean restaurant chain with attractive expansion opportunities
▼ + stars: | 2023-07-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

JPMorgan is gaining confidence in shares of Cava even after its 80% post- initial public offering run. CAVA YTD mountain Cava shares since going public "We agree with the market's implicit positive view on the medium/long term story of CAVA," he wrote in a Monday note. Key to Ivankoe's investment rationale is Cava's well-managed model and large end-market opportunities as a Mediterranean chain. A Mediterranean 'category killer' Other Wall Street firm's also initiated coverage of Cava with overweight and buy ratings. Elsewhere, Stifel's Chris O'Cull called Cava a "compelling restaurant growth investment" with a justified premium valuation given its "impressive unit-level economics" and expansion opportunities.

Persons: John Ivankoe, CAVA, firm's, Alexander Slagle, Piper Sandler's Brian Mullan, Stifel's Chris O'Cull, Morgan, Brian Harbour, — CNBC's Michael Bloom Organizations: JPMorgan, D.C, Cava, Jefferies Locations: Cava, CAVA, Washington

☆ I don't think we end the year 'any better than we are right now', says Stifel's Barry Bannister
▼ + stars: | 2023-06-27 | 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 EmailI don't think we end the year 'any better than we are right now', says Stifel's Barry BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk Box' to discuss the latest market trends, where the market is headed for the rest of the year, and more.

Persons: Stifel's Barry Bannister Barry Bannister

☆ FedEx earnings show uncertain market outlook, says Stifel's Bruce Chan
▼ + stars: | 2023-06-21 | 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 EmailFedEx earnings show uncertain market outlook, says Stifel's Bruce ChanStifel Global Logistics Analyst Bruce Chan joins 'Squawk on the Street' to discuss FedEx as the company’s shares slipped after the shipping giant reported quarterly results.

Persons: Stifel's Bruce Chan Stifel, Bruce Chan Organizations: FedEx, Stifel's Bruce Chan Stifel Global Logistics

☆ Bull markets don't end with this much bear market sentiment, says Stifel's Bannister
▼ + stars: | 2023-05-08 | 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 EmailBull markets don't end with this much bear market sentiment, says Stifel's BannisterBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss if now is the time to worry about equities, the timeline of Bannister's price target for the S&P and how Bannister justifies the price target's valuation.

☆ Watch CNBC's full interview with Stifel's Barry Bannister on raising S&P mid-year target
▼ + stars: | 2023-05-08 | 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 EmailWatch CNBC's full interview with Stifel's Barry Bannister on raising S&P mid-year targetBarry Bannister, Stifel chief equity strategist, joins 'Squawk on the Street' to discuss if now is the time to worry about equities, the timeline of Bannister's price target for the S&P and how Bannister justifies the price target's valuation.

☆ Earnings playbook: How to trade results from Disney and these other names ahead
▼ + stars: | 2023-05-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Tuesday Occidental Petroleum is set to report earnings after the bell. What history shows: Data from Bespoke Investment Group shows Occidental beats earnings expectations 71% of the time. Electronic Arts is set to report earnings after the close, followed by a call at 5 p.m. What history shows: Bespoke data shows Disney beats expectations 78% of the time. However, Disney shares tend to struggle on earnings day, averaging a slight loss after the company posts results.

☆ Final debt ceiling deal will be a fraction of House GOP plan, predicts Stifel's Brian Gardner
▼ + stars: | 2023-05-01 | 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 EmailFinal debt ceiling deal will be a fraction of House GOP plan, predicts Stifel's Brian GardnerBrian Gardner, Stifel chief Washington policy analyst, joins 'Squawk Box' to discuss the latest on the debt ceiling showdown, whether a bipartisan deal is possible, and more.

☆ Inflation is still 'the problem' for the Fed, says Stifel's Lindsey Piegza
▼ + stars: | 2023-04-28 | 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 EmailInflation is still 'the problem' for the Fed, says Stifel's Lindsey PiegzaLindsey Piegza, Stifel chief economist, joins 'Squawk Box' to discuss the latest personal consumption expenditures price index data, a key inflation gauge, and more.

☆ Business deposits need to be insured across the industry, says Stifel's Ron Kruszewski
▼ + stars: | 2023-04-26 | 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 EmailBusiness deposits need to be insured across the industry, says Stifel's Ron KruszewskiRon Kruszewski, chairman and CEO Of Stifel Financial, joins 'The Exchange' to discuss government intervention in deposit insurance, First Republic Bank's mounting financial troubles, and Stifel's venture banking expansion.

☆ 'Easy money is behind us, the hard money is now,' Stifel's chief strategist warns
▼ + stars: | 2023-04-25 | by ( Bree Doyle | ) www.cnbc.com time to read: +1 min

According to Stifel's Barry Bannister, the market is on a road to nowhere for almost the next decade. "Easy money is behind us, the hard money is now," the firm's chief equity strategist told CNBC's "Fast Money" this week. The price earnings multiple comes down." But it's a strategy "Fast Money" trader Dan Nathan questions during a sluggish market. "I do not think you want to be overweight small caps right here," said RiskReversal Advisors principal Dan Nathan.

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