DIRS.INFO The most relevant business & tech news

☆ We still think there's more room for biotech to go higher, says Jefferies' Yee
▼ + stars: | 2022-11-22 | 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 still think there's more room for biotech to go higher, says Jefferies' YeeMichael Yee, Jefferies managing director, joins 'Power Lunch' to discuss what's behind the general move higher in biotech stocks, why biotech stocks were under-owned not long ago and if it's too late to 'nibble' on stocks in the sector.

☆ Markets will rally into year-end, says Morgan Stanley's Slimmon, who names 3 stocks to buy
▼ + stars: | 2022-11-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The market will rally into the year end, but it won't be led by mega-cap tech stocks, according to Morgan Stanley's Andrew Slimmon. He added that these Big Tech stocks "floated right through" the 2008 global financial crisis because they were still gaining market share. He noted that this time, the bounce has been led by value stocks, while growth stocks drove the summer rally. The outperformance in value stocks has been pretty broad, covering energy, financials and industrials, he said. "While early, we think it makes sense to begin to nibble on early-cycle stocks ... consumer discretionary names that have been crushed," Slimmon added.

☆ Stay the course? Bear market reminders for long-term investors
▼ + stars: | 2022-10-19 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

The S&P 500 is down 22% since the start of 2022, but there are signs that the bulls will overtake the bears in the new year. Davi said that while many investors have taken on bearish strategies this year, Astoria positioned itself defensively going into 2022 with inflation-fighting strategies. "Seventy-two percent of the time the S&P 500 is higher year over year since the 1920s." Pisani added more of Bogle's market statistics, citing the 56% of the time the index is up 10% year over year. "But I think inflation is what got us in this bear market recession."

We're buying 25 shares of Estee Lauder (EL) at roughly $213.94 each. We believe Estee Lauder fits this criteria and this is a stock we started buying in late September . But this multiple is down from roughly 46x earnings when we exited the position in December 2021 at around $360 . Additionally, the stock's forward price to earnings multiple is now back to its pre-pandemic levels, an important consideration during this great reset of valuations. A sales assistant arranges lipsticks at an Estee Lauder store.

☆ Investors are dipping a toe back into high-yield ETFs. Here's what you need to know
▼ + stars: | 2022-10-09 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

Potentially, that marks the start of a reversal from this year's pattern, which has seen sharp outflows from high yield funds. High yield bond funds have been beaten down this year, like the rest of fixed income. FlexShares' offerings include the actively managed High Yield Value-Scored Bond Index Fund (HYGV) and the ESG & Climate High Yield Corporate Core Index Fund (FEHY) . To be sure, growing concerns about bankruptcies can hurt high yield investors, even if they never materialize. Because the underlying companies are also essentially investment funds, investors are paying management for both the companies and the ETFs.

☆ Bonds are in the midst of the worst crash since 1949, and its set to unravel some of the market's most crowded trades, Bank of America says
▼ + stars: | 2022-09-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The worst bond market decline since 1949 is set to disrupt the stock market, according to Bank of America. The bank said soaring interest rates will unwind the most crowded trades in the stock market, including long US tech. "Bond crash in recent weeks means highs in credit spreads, lows in stocks are not yet in," BofA said. Bonds are experiencing their worst decline since 1949 as interest rates soar amid a global central bank campaign to fight inflation. "Bond crash in recent weeks means highs in credit spreads, lows in stocks are not yet in," BofA's Michael Hartnett said.

☆ 3 takeaways from our daily meeting: Bonds vs. stocks, oil's plunge, a small buy in tough market
▼ + stars: | 2022-09-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Bonds vs. stocks Energy stocks Constellation buy 1. Energy stocks Oil prices on Friday tumbled to eight-month lows, with WTI crude down 6%, at $78.45 a barrel. Constellation buy Jim answered a question from a Club member, Mario, on Friday about what professional money managers should do in this tough market. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Bond market plunge means the low for stocks is not in yet, Bank of America's Hartnett says
▼ + stars: | 2022-09-23 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Pressure in the bond market is also exacting a toll on stocks, which look likely to go still lower from here, according to Bank of America's top strategist. Bank of America's main sentiment indicator is "deeply bearish," Hartnett wrote, though that still hasn't translated into a contrarian buying point. That would translate into respective S & P 500 losses from Thursday's close of 4.2%, 12.2% and 20.2%. While central banks are tightening, fiscal authorities in the U.S., UK and elsewhere are continuing to provide stimulus , offsetting the inflation-fighting benefits of higher rates. "Investors want policy coordination & policy credibility, and until they get it are likely to press shorts," Hartnett said.

Following the selloff in the market Thursday, the Oscillator moved even further into oversold territory with a reading of minus 7.04%. CNBC's Zev Fima , portfolio analyst for the Investing Club, contributed to this report.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Traders worry there are more earnings warnings like FedEx's about to come out
▼ + stars: | 2022-09-19 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Michael Hartnett at Bank of America said that for the S & P 500, "we say nibble at SPX 3600, bite at 3300, gorge at 3000." The S & P 500 closed Friday at 3,873, and the June 16 bottom was 3,666, so 3,300 and 3,000 are a ways away. What about 3,000, the level Hartnett suggested investors should "gorge" on the S & P 500? A much lower multiple with a contraction in earnings: That is what you call a recessionary earnings picture. Bottom line: Lower mortgage rates definitely have been a factor in higher home prices for some time.

We're buying 50 shares of Honeywell International (HON) at roughly $188.29 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 625 shares of HON, increasing its weighting to 4.06% from 3.75%. From an end market perspective, about 65% of the company's sales are focused on late cycle end markets like commercial aviation, defense, oil & gas, and nonresidential construction. We believe these end markets are less likely to have material earnings revision risks and better positioned to weather a softening macro environment. With this buy, we're repurchasing the full 25 shares we sold at around $198 in late-March plus an additional 25.

The solution: The best investors do both — maintain a long view while also focusing on the shorter term. For the sake of this exercise, let's consider one end of the barbell to be the "long-term view," and on the other the "short-term focus." Long-term view stocks First the long-term view: These stocks will be the more passively managed names and identifying them is what will free us up to focus on those that require more active management. As a result, the long-term view beats the near-term dynamics. With the earnings serving to confirm our long-term view, we took a shot at around the $2,600 level — $2,628.56 to be exact.

☆ Three out-of-the-box ways to trade the rise of electric vehicles in 2022
▼ + stars: | 2021-12-24 | by ( Lizzy Gurdus | ) www.cnbc.com time to read: +1 min

Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, "we're trying to play around the edges," Laffer Tengler Investments' Nancy Tengler told CNBC's "Trading Nation" on Thursday. "There's two ways for investors to nibble around the sides of the EV market," the firm's chief investment officer said. A $10.5 billion auto-parts manufacturer, Borgwarner is on track to supply around 30% of powertrains, or electric motors, to the EV industry by 2023, Tengler said. A third tangential market could see a big reversal in 2022, Joule Financial Chief Investment Officer Quint Tatro said in the same interview.

Search resuls for: "nibble"

13 mentions found