Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Aureus Asset Management"


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumer debt and rising interest rates make me very cautious, says Capital Wealth's Kevin SimpsonCapital Wealth Planning's Kevin Simpson and Aureus Asset Management's Karen Firestone join Brian Sullivan and the 'CNBC Special: Taking Stock' to discuss how investors can play any Fed outcome.
Companies that will benefit from a resilient economy are among the names that caught the eyes of Wall Street and the CNBC "Halftime Report" traders on Wednesday. While investors focused on the latest earning reports, which weighed on the market, there were several upgrades by Wall Street analysts of stocks the "Halftime Report" traders own . He called the Wall Street investment bank a high quality company at an attractive price. Wells Fargo analyst Mike Mayo is in agreement, boosting his price target to $420 a share from $390. Another name Lebenthal owns is Delta Air Lines , which was upgraded by Redburn to buy from neutral on Wednesday.
Aureus' Kari Firestone reacts to earnings thus far
  + stars: | 2023-02-02 | 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 EmailAureus' Kari Firestone reacts to earnings thus farKari Firestone, Aureus Asset Management CEO, joins 'Squawk Box' to discuss her reaction to earning results from Merck, Meta and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Top investor Karen Firestone says these stocks are finding a way out of the doghouse2023 started off with a bang for the markets as investors piled into stocks that took a beating last year. Now earnings are coming into focus, and some are wondering if they bought too much too fast. Aureus Asset Management CEO Karen Firestone has been sharing her investment thesis on CNBC's "Halftime," and now she shares her favorite stocks for the near and long-term with CNBC Pro, and offers advice on finding sell discipline and gauging risk.
One of the more senior brokers told me that the most important lesson I could learn about the stock market was – drumroll, please – "Buy low. By the second week in March, the S & P 500 had dropped 12% and the Nasdaq Composite had fallen about 20%. In mid-June, the S & P had sunk 23.4% from its Jan. 3 peak of 4,796, and the Nasdaq had collapsed more than 30%. On Oct. 12, the S & P closed at 3,577, down 25.4% from its peak. Since the market low in October, about half of the cohort has climbed 20%.
Data released Friday showed consumer spending, adjusted for inflation, declined 0.2% in December from the prior month. That means consumer spending slowed at the end of 2022, stoking fears of a recession ahead. AXP 3M mountain American Express shares have gained nearly 18% so far this year. Management said on its earnings call Thursday that both international travel and resilient consumer spending helped Visa in the quarter. V 3M mountain Visa shares have gained more than 11% since the start of this year.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTruth is there have been buyers over the last few weeks, says Aureus's Karen FirestoneA mid-day market discussion following a 0.1 percent decline in the CPI. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Odyssey Capital Advisor's Jason Snipe, Aureus Asset Management's Karen Firestone, DCLA's Sarat Sethi and Cerity's Jim Lebenthal.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaybe we're in an environment that's, 'Don't fight the bond market,' says Ed YardeniEd Yardeni of Yardeni Research on where he sees the markets heading in 2023. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Odyssey Capital Advisor's Jason Snipe, Aureus Asset Management's Karen Firestone, DCLA's Sarat Sethi and Cerity's Jim Lebenthal.
Watch 'Halftime Report's full conversation with Ed Yardeni
  + stars: | 2023-01-12 | 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 'Halftime Report's full conversation with Ed YardeniEd Yardeni of Yardeni Research on where he sees the markets heading in 2023. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Odyssey Capital Advisor's Jason Snipe, Aureus Asset Management's Karen Firestone, DCLA's Sarat Sethi and Cerity's Jim Lebenthal.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full mid-day market discussion with the 'Halftime Report' investment committeeA mid-day market discussion following a 0.1 percent decline in the CPI. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Odyssey Capital Advisor's Jason Snipe, Aureus Asset Management's Karen Firestone, DCLA's Sarat Sethi and Cerity's Jim Lebenthal.
As investors position their portfolios for the year ahead, one sector is a standout pick for the investment panel on CNBC's "Halftime Report" : financials. "In every recession, there's one sector, whose balance sheet is most negatively affected by the recession. Gilman Hill Asset Management CEO Jenny Harrington named financial stocks as her top 2023 sector pick, saying the sector is undervalued after reviewing its price/earnings to growth ratio, or PEG ratio. The financials sector in the S & P 500 was down by 12% in 2022, still outperforming the broader market index despite the drop. Here is the full 2023 stock picks from the group: Karen Firestone: Charles Schwab, Align Technology, American Tower; Sector Pick: Financials Jenny Harrington: Kohl's, Uber, B & G Foods; Sector Pick: Financials Jim Lebenthal: Boeing, Cleveland-Cliffs, Paramount Global; Sector Pick: Industrials
Seriously, this is not where I thought we would be: The 3,800 level on the S & P 500 at the end of December 2022. If you listen to pundits, almost all are in dour agreement about a poor 2023 market . The table below shows all the years since 1960 when the S & P 500 fell at least 10%. In six of the 10 years following a 10% decline, the average increase in the S & P 500 was 17.5%. The S & P 500 index is down 20% for the year, the equal-weighted S & P 500 is off by about 13%, multiples have compressed, and sentiment is highly negative – that's bullish.
Aureus' Kari Firestone buys shares of Meta, Alphabet and more
  + stars: | 2022-12-09 | 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 EmailAureus' Kari Firestone buys shares of Meta, Alphabet and moreKari Firestone, Aureus Asset Management chairman and CEO, joins CNBC's 'Squawk Box' to break down potential investment opportunities ahead of the market open.
Ascentxmedia | E+ | Getty ImagesThe CEOs of some of the biggest American companies believe the economy may be heading for a recession. Yet financial advisors warn against too much certainty, or pessimism, over what's next. That's because investors try to get ahead of what's coming and price those expectations into stocks, Firestone said. "The market always anticipates slowdowns and recoveries," she said, adding that people inevitably resume their buying when they believe stocks are sufficiently discounted. "And so yes," she said, "I think it's possible that the market can rally."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirestone: It's a little early to be too aggressive on adding risk to your portfolioKari Firestone, Chairman and CEO of Aureus Asset Management, joins Worldwide Exchange to discuss her top stock picks.
While the S & P 500 rose 11% during two weeks in March and 18% from mid-June to mid-August, investors bailed out and tripped the prior lows for the year. It wasn't obvious that Americans still had huge amounts of buying power that would continue to drive price levels higher. One definition might be when there is a fundamental shift in some critical measurements of the most negative weights pressuring stock prices. The S & P soared 5.5% that day, and the Nasdaq vaulted over 7%. This rally is different, even if it moves sideways or falters for a while because its genesis is based on real facts and figures.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAureus’ Karen Firestone explains why Meta is a 'buy' for some peopleKaren Firestone, chairman and CEO of Aureus Asset Management joins the 'Halftime Report' to explain why Meta is a 'buy' for some people. Similarly, Victoria Greene, Steve Weiss, and Joe Terranova also weigh in on the state of mega-cap tech.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Aureus Asset Management's Karen Firestone explained why she would hold Salesforce shares, outlining steps the company can take to achieve double-digit growth over the next few years. Jim Lebenthal of Cerity Partners said he likes Kinder Morgan as a way to play the energy space. He noted that the stock has been a steady one for the market's top performing sector this year. Finally, Josh Brown of Ritholtz Wealth Management shares his thoughts on Matterport , noting he bought the stock at much higher levels, but does not recommend buying it in the current market environment.
Even the unfortunate roughly 5.3% decline for the S & P 500 in the third quarter belied the 12.8% cratering of equities between Sept. 12 and Sept. 30. October has followed the script, with all the major indices ahead for the month, led by the Dow Jones Industrial Average up nearly 14% and the S & P 500 ahead by about 8%. These stocks imploded about 13% and more than 30%, respectively, in the five days after the companies posted their results. Very little beyond that can move the needle for the S & P 500, but the current quarter has taught us something about market sentiment. Many stocks are oversold, but investors have extremely limited tolerance for disappointing expectations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce, Kinder Morgan, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Karen Firestone of Aureus Asset Management, Jim Lebenthal of Cerity Partners, and Josh Brown of Ritholtz Wealth Management answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
Firestone: Equities are still by and large oversold
  + stars: | 2022-11-02 | 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 EmailFirestone: Equities are still by and large oversoldKaren Firestone of Aureus Asset Management discusses what signals the markets may be looking for from the Fed, and highlights some conservative stocks that have held up well in a slow growth environment, as well as a few beaten-down names.
Watch CNBC's full interview with Aureus' Kari Firestone
  + stars: | 2022-10-18 | 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 Aureus' Kari FirestoneKari Firestone, Aureus Asset Management CEO, joins 'Squawk Box' to discuss markets and buying in a volatile bear market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are signs that buyers are willing to take risks, says Aureus' Kari FirestoneKari Firestone, Aureus Asset Management CEO, joins 'Squawk Box' to discuss markets and buying in a volatile bear market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirestone: Backward-looking numbers in the stock market will start to improve soonKari Firestone, Chairman & CEO of Aureus Asset Management, joins Worldwide Exchange to discuss what yesterday's stock market rally means for the trading day ahead.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Josh Brown of Ritholtz Wealth Management explains why he owns the tech giant Alphabet and deems it a long-term hold. Aureus Asset Management's Karen Firestone highlighted the reasons why Blackstone is well discounted and a buy. Finally, Stephen Weiss of Short Hills Capital suggests keeping Moderna in your portfolio. He says if the biotech stock declines further, he plans to buy more.
Total: 25