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☆ Buy these 16 oversold stocks that should become winners in a painful earnings season for markets, according to Wall Street firm Evercore
▼ + stars: | 2023-01-10 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Julian Emanuel at Evercore says stocks performed very well over the last two quarters. However, he says oversold, steady-earning stocks could still trade higher after earnings. Investors won't walk away from 2022 with a lot of happy memories, but Julian Emanuel of Evercore ISI says there were two surprisingly positive periods for stocks in an otherwise difficult year. The reason, he wrote, is because investors thought things might get even worse, and stocks and bonds were both oversold as a result. But he doesn't think that will happen again, which means he thinks this earnings season will be harder to endure.

☆ Here's how to invest before markets reach a key pivot point in 2023, according to iCapital's chief investment strategist
▼ + stars: | 2023-01-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

The stunning plunge in asset prices, however, has created a promising entry point for investors, Amoroso told Insider. Markets moves will likely be muted in the coming months as the economy endures slowdown and the central bank brings the Federal Funds rate higher, she explained. The second half of this year, though, will be a key pivot point once the terminal rate is higher than core PCE inflation. "The times you want to invest," according to Amoroso, "is when economic data is falling apart, not surging." "We like private credit because amid the pullback in public markets, the banks are not as eagerly lending to companies," Amoroso said.

☆ Bank of America's top 2023 picks include an under-the-radar tech stock
▼ + stars: | 2023-01-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors looking for somewhere to park their money in the new year may want to consider these top stock picks, according to Bank of America. The bank outlined 11 of its favorite names for 2023 in a note to clients Wednesday. Some names, however, may be better positioned to ride out the volatility, according to the Wall Street firm. As uncertainty lingers, here are some of the names Bank of America recommends: One under-the-radar pick is Analog Devices , a semiconductor stock that sold off about 7% in 2022. Another 2023 name to buy is health-care stock Humana , which outperformed in 2022 as investors flocked toward safe-haven sectors.

☆ 'Tenbagger' stocks that Wall Street believes can keep going next year
▼ + stars: | 2022-12-29 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Additionally, Wall Street analysts are bullish on the stocks, with price target upside of 10% or more and long-term earnings growth estimates of at least 20%. The stock has returned more than 10,000% over the past decade, and Wall Street sees long-term earnings growth of more than 60%. Enphase has gained more 45% in 2022 despite investor interest in solar-related stocks cooling this year. The name on the list with the highest approval rating on Wall Street is Monolithic Power Systems , with a buy rating from roughly 87% of analysts. Wall Street analysts see upside of about 36% for the stock.

Following Monday's trade, Jim Cramer's Charitable Trust will own 2,225 shares of Halliburton, decreasing its weighting in the portfolio to about 3% from 3.38%. Energy stocks are early outperformers Monday, trading slightly higher at the initial open despite broad weakness in equity markets. West Texas Intermediate (WTI) crude — the U.S. oil benchmark — has climbed more than 5% over the past week, trading at roughly $81 a barrel in midmorning trading Monday. The latter stock in particular has climbed significantly over the past few months, rallying from roughly $25 a share in late September, to $38.45 a share as of Monday morning. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ The traditional December bounce for stocks may be more elusive, but it’s still possible
▼ + stars: | 2022-11-30 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

In those years, December was just the fourth best month, with the S & P 500 rising 1.35% and gaining 68% of the time. As the S & P 500 exits November, it is down about 17% this year. The S & P 500 could mirror some of the other very negative years. For instance, the S & P 500 was down 18.5% through November in 2002, and then bottomed in March 2003, gaining 26.4% that year. Watching key levels In order to confirm a bullish cycle, Suttmeier said the S & P 500 needs to regain the 40-week moving average at 4,033.

☆ Black Friday was better than feared for retail stocks — Two potential big winners
▼ + stars: | 2022-11-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Black Friday was better than expected for retailers this year, with discount names Walmart and Costco poised to be among the season's winners, according to Bank of America. The big-box retailer made significant price investments to offer deeper discounts and traffic appeared very strong in stores, Ohmes noted. "Specialty retailers appeared to be relative winners while we observed decent trends across the discounters and department stores," said analyst Krisztina Katai. Morgan Stanley also called out strong traffic results for Lululemon and American Eagle, as well as Abercrombie & Fitch and Victoria's Secret. "These strong traffic results were achieved despite 1) similar or lower y/y discounting levels, & /or 2) discounting activity below total sector averages.

☆ Stocks making the biggest moves midday: Abercrombie & Fitch, Disney, Best Buy, Zoom and more
▼ + stars: | 2022-11-22 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street's revenue forecasts for the third quarter and posted unexpected quarterly profit. Deutsche Bank reiterated the stock as buy and said it doesn't see any meaningful changes coming to its direct-to-consumer strategy. Best Buy – Best Buy's stock surged 11% after the consumer electronics retailer beat Wall Street's estimates and maintained its outlook for the holiday period. Demand remains below its pandemic heights, but Best Buy indicated its faring well even as inflation weighs on consumers' pockets. The stock slipped even after the company beat top and bottom line estimates for its latest quarter and better-than-expected comparable store sales.

☆ A year out from Nasdaq's peak, it's been brutal for tech stocks and the pain's not over
▼ + stars: | 2022-11-18 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

"Leadership has shifted away from the tech sector and FANMAG. Two major challenges for tech names Clissold said the tech sector is facing two major challenges. Stockton said the peak in the Nasdaq last November was also the peak of its outperformance versus the S & P 500. The tech sector outperformed the S & P 500, but it was the materials sector that led the index higher, up about 19%. However, the S & P 500 has been up just 20%.

☆ Dollar rebounds as Fed officials say hikes to continue; yen slumps
▼ + stars: | 2022-11-15 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The dollar index , which measures the currency against six counterparts including the yen, euro and sterling, edged 0.03% higher to 107.00 early in the Asian day. The index held onto gains made on Monday when it rebounded from a three-month low of 106.27 hit on Friday. The dollar gained 0.34% to 140.40 yen , adding to its 0.84% overnight rebound from a 2 1/2-month low of 138.46. The euro was little changed at $1.03215 following its retreat from a three-month high of $1.0364. The offshore Chinese yuan was little changed at 7.0461 per dollar, after hitting a more than five-week high of 7.0200 in the previous session.

☆ One year after Nasdaq peak, growth stocks have tumbled and crypto has broken — where to from here?
▼ + stars: | 2022-11-12 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

The Nasdaq record came just ten days after Bitcoin's apex near $67,000, a moment when total cryptocurrency market value topped $2.8 trillion. Those numbers today are under $17,000 for Bitcoin and the crypto market cap is around $800 billion, down 70%-plus. Just days after the November 2021 Nasdaq high, Federal Reserve Chair Jerome Powell abruptly and publicly shifted his rhetoric on inflation and monetary policy, endorsing a much faster removal of stimulus than previously indicated. In the 18 months leading to the March 2000 Nasdaq peak, the index more than tripled. One year after the March 2000 Nasdaq peak, with the index down some 60%, the Nasdaq 100 still had a forward price/earnings ratio above 50.

☆ Stocks making the biggest moves midday: Walgreens, Coinbase, Duolingo, Ralph Lauren and more
▼ + stars: | 2022-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Walgreens — Shares rose 6% after an upgrade to buy from hold Deutsche Bank, which said it liked Walgreens' merger and acquisition plans. Duolingo — Shares of the foreign language learning platform lost 10% after the company reported revenue below expectations while also posting a smaller-than-expected quarterly loss. Wynn Resorts — The casino stock jumped more than 8% after China said it would ease some Covid restrictions, trimming quarantine time for international travelers by two days. General Motors — The automotive giant's stock jumped more than 6.3% after Citi reiterated the company as a top pick.

☆ A fund manager with 50 years' experience is beating the S&P 500 this year. How he did it and the stocks he's watching
▼ + stars: | 2022-11-06 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

That bear market perspective is setting the Wall Street veteran apart in a bleeding red year for the stock market. Kornitzer said the fund could buy in again, depending on how they move in the bear market. The Buffalo flexible fund currently holds 57 stocks, with Microsoft as its largest position, accounting for 7.5% of the portfolio. Calling it an "odd creature," he said the Buffalo fund has moved from being thought of as a "60/40" fund split between stocks and bonds, to pure equity. A bear market doesn't have to be devastating, he said, if you can find hidden value stocks amid the carnage.

☆ Stocks may have rallied, but the bear market isn't over just yet. Here are the 5 stock market sectors where investors can still find profits amidst a global growth slowdown, says the CIO of a $13.5 bi
▼ + stars: | 2022-10-30 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Despite a recent rally, RBA's Dan Suzuki says the bear market is far from over. In former market bottoms, investors who waited profited more than those who bought early, he said. Suzuki shared 5 sectors to invest in to position against slowing growth while still making returns. "There's always a chance that the bear market is over, but it seems unlikely in my view," he told Insider recently over email. But investors would be better served if they considered a more holistic view, Suzuki explained on the October 24 segment of CNBC's "Closing Bell."

☆ Analysts think the biggest stock winners this week are set to cool off — except two
▼ + stars: | 2022-10-28 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Analysts expect that this week's biggest winners will cool off from here, with the notable exception of just two stocks: Centene and IQVIA. However, the majority of those names are set for single-digit gains, according to consensus estimates on FactSet. What's more, the health care stock has a buy rating from a majority of analysts, and is forecasted to advance nearly 20%. Another health care stock, IQVIA , jumped 14% this week. Enphase surpassed profit and sales expectations this week, according to consensus estimates from FactSet.

☆ Investors should swap these 39 big portfolio losers for more promising counterparts to cut their tax bills and position themselves for bigger profits, Wall Street firm Evercore says
▼ + stars: | 2022-10-23 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

As the year ends, investors will start to incorporate tax loss harvesting into their strategies. Selling some stocks at a loss can allow investors to defer taxes on more successful positions. Julian Emanuel at Evercore explains what to sell at a loss, and what to swap in for 2023. The stock and bond markets have given investors headaches this year, but as 2022 comes to a close, at least their losses can give investors a tax break. Below are the stocks Evercore thinks investors should use as tax loss targets, and those they think investors should swap them out for.

☆ William Blair's Jed Dorsheimer offers his favorite 'outperformers' in the chips sector
▼ + stars: | 2022-10-17 | 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 EmailWilliam Blair's Jed Dorsheimer offers his favorite 'outperformers' in the chips sectorJed Dorsheimer of William Blair joins 'Closing Bell' to discuss the rebound in chip stocks.

☆ This week's best-performing stocks include two pharma names analysts expect will rally from here
▼ + stars: | 2022-10-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Some of the biggest stock winners in this week's volatile market action included two big pharmaceutical names analysts expect to rally in the months ahead. To scope out this week's market outperformers, CNBC Pro screened for S & P 500 stocks with the best week-to-date gains. Though only 32% of analysts have a buy rating on the stock, the consensus price target suggests shares can rally another 64.2%. Despite slumping about 36% this year, shares are poised to rally 15% based on the consensus price target. About 38% of analysts say PepsiCo is worth buying, with shares expected to rise 6.4% — based on the consensus price target.

☆ Stocks in this key market are outperforming the S&P 500 — and it's not where you might expect
▼ + stars: | 2022-10-14 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

It has not been a good year for the S & P 500 . But one index is beating the S & P 500, according to investment veteran Jeffrey Kleintop — and it's not one you might expect. The MSCI United Kingdom Index, which includes large and mid-cap U.K. stocks, is down about 5% and 22% this year, in sterling and dollar terms respectively, according to Eikon data. "Analysts' consensus S & P 500 EPS estimate for 2022, at about $224, has been declining since June. Kleintop noted that a key reason for U.K earnings strength is the British pound's weakness against the U.S. dollar this year.

☆ Where stocks are finding some support ahead of Thursday’s inflation report
▼ + stars: | 2022-10-11 | by ( Michael Santoli | ) www.cnbc.com time to read: +3 min

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. This could simply be a matter of short-term oversold conditions, a pause in the bond-yield surge and general hesitation ahead of a crucial-seeming CPI report Thursday. There's some focus on the S & P 500's 200-week (1,000-day) moving average offering an excuse for some support here, as it did at the end of 2018. Forecasts have come in a lot (S & P 500 consensus down 7 percentage points ex-energy since July), but it's unclear if that's enough. VIX is sticky in the low-30s, a pretty agitated state, and likely will stay inflated into/through Thursday's CPI report.

☆ Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more
▼ + stars: | 2022-09-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves midday:Hertz — Shares of the rental rental company jumped 1.9% after the company announced a partnership with BP's electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge Hertz's growing fleet of electric vehicles, but some will be available for public use. Keurig Dr Pepper — The beverage company shed about 3% after being downgraded by Goldman Sachs to a neutral rating from a buy. Lucid — The electric vehicle stock climbed 1.4% on Tuesday after Cantor Fitzgerald initiated coverage of Lucid with an overweight rating. Ark Invest's Cathie Wood also told CNBC Tuesday she is sticking by her bullish call on Tesla, saying "our confidence couldn't be higher as we see the movement towards electric vehicles accelerates."

☆ Stocks making the biggest moves midday: Change Healthcare, Ford, PayPal, Humana and more
▼ + stars: | 2022-09-20 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Change Healthcare – Shares of Change Healthcare jumped 6.4% after a federal judge said that UnitedHealth cannot take over the company. Humana – Shares of health company Humana gained 1% and touched an all-time high a day after the company raised its earnings guidance for the fiscal year. Cognex — Shares of machine vision systems maker Cognex jumped nearly 7% after the company raised its revenue outlook for the current quarter. Olin — The manufacturing company fell 4.6% after issuing its third-quarter EBITDA guidance. MicroStrategy – Shares of software company MicroStrategy fell 4.6% after the company announced that it made its smallest purchase of Bitcoin in two years.

☆ This large cap fund is staying above water in this bear market by being the 'antithesis of ARK'
▼ + stars: | 2022-09-17 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

James Abate expects that his fund distinguished itself this year by maintaining a traditional bottom-up perspective on stocks. The flagship fund of Cathie Wood's ARK Invest, the ARK Innovation ETF , is down 28% this year. The fund manager maintains a concentrated portfolio of 35 to 50 of his best ideas. The fund manager also incorporates hedging techniques, specifically put options, from time to time to fortress the portfolio during periods of volatility, such as during the pandemic. Before founding Centre Asset Management in 2006, Abate started his career as a manager of valuation services at PriceWaterhouseCoopers in 1987, according to LinkedIn.

☆ This week’s best performers include an energy stock that could surge more than 30% from here
▼ + stars: | 2022-09-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Stocks were hurling toward a big losing week on Friday as investors weighed a warning from FedEx as well as a hot inflation reading. The S & P 500 is 5.3% lower this week, on pace for its fourth losing week in five. APA Corp . was the top S & P 500 stock this week after advancing 6.1% as of 9:40 a.m, ET. On Monday, the energy stock was upgraded to buy from neutral by Citi, which said APA is an "under-appreciated growth story." However, there isn't a consensus in favor of buying the stock, with only 45% of analysts rating it a buy.

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