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☆ Play defense with these fortress stocks in the second quarter
▼ + stars: | 2023-04-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

Bahnsen's investment philosophy focuses specifically on high-quality stocks that have a high dividend yield, along with consistent increases. One of his favorite plays is Procter & Gamble , which currently has a dividend yield of 2.5%. EOG has a 2.9% dividend yield and also has been paying a special dividend. Health-care names Names in the health-care sector are generally considered defensive. Quanta Services has a dividend yield on the lower end, at 0.2%.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 28, 2023. Brendan McDermid | ReutersWall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best safe haven right now, according to the new CNBC Delivering Alpha investor survey. Zoom In Icon Arrows pointing outwardsThe Fed enacted a quarter percentage point interest rate increase last week, while signaling one more rate hike coming this year. Many investors believe the central bank should reverse course immediately as more rate hikes will exacerbate banking problems and cause a severe economic slowdown. With an overall bearish view on the market, 60% of the investors said cash is their safe haven right now.

The majority of Wall Street investors now favor stocks that pay big dividends for a relatively stable source of income, according to the new CNBC Delivering Alpha investor survey. We polled about 400 chief investment officers, equity strategists, portfolio managers and CNBC contributors who manage money about where they stood on the markets for the second quarter and forward. Asked which area to concentrate on to start the second quarter, 34% of respondents said high dividend stocks. Stocks with high dividend payouts can provide a reliable stream of income during times of uncertainty. Some of the most popular exchange-traded funds that focus on high dividend stocks include the Vanguard Dividend Appreciation ETF , the Vanguard High Dividend Yield ETF and the Schwab U.S. Dividend Equity ETF .

☆ Goldman says stock picking is back in 2023 and names shares 'likely to generate the largest alpha'
▼ + stars: | 2023-02-13 | by ( John Melloy | ) www.cnbc.com time to read: +2 min

The Goldman note discusses how so-called return dispersion is increasing, which basically means stocks are starting to move independently and not together as a group. "Rising return dispersion and an increasing micro share of stock returns means more opportunity for stock pickers to capture alpha," wrote Kostin. Capturing or delivering alpha simply means assuming more risk in the stock market by taking an active rather than passive approach to investing in an attempt to outperform the market. Where to find alpha Goldman calculated a dispersion score for each stock that looks at how much of its return is driven by company-specific factors and how volatile the stock is likely to be. The following are among the stocks Goldman calculates as having the highest dispersion scores.

☆ Activist investor Elliott Management reportedly takes stake in Salesforce
▼ + stars: | 2023-01-23 | by ( ) www.cnbc.com time to read: +2 min

Paul Singer, founder of Elliott Management, speaking at Delivering Alpha in New York on Sept. 13, 2016. Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc, according to people familiar with the matter. It is unclear what Elliott, one of the world's most prominent activist investors, is pushing for at Salesforce. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," Jesse Cohn, managing partner at Elliott told Reuters. It recently won a board seat at Pinterest Inc when the company added Elliott portfolio manager Marc Steinberg as a director.

☆ Disney could use an activist investor like Nelson Peltz to help get its financial house in order
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

An activist investor like Trian Partners' Nelson Peltz on Walt Disney 's (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?" Nonetheless, Disney's board unanimously decided against offering Peltz a seat, according to an SEC filing the company submitted Tuesday. Peltz, whose next step in his fight is to convince voting Disney shareholders he deserves a board seat, has had success serving on several company boards. Wall Street has had a mixed reaction to Peltz's efforts to obtain a board seat.

☆ Nelson Peltz's attempt to join Disney's board could force much-needed accountability
▼ + stars: | 2023-01-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

If Nelson Peltz were to win his fight to join Walt Disney 's (DIS) board of directors, the activist investor could force a level of accountability at the company that's sorely needed. Disney's board made the decision to not endorse Peltz and swiftly announced Wednesday that they named Mark Parker, a director since 2016 and executive chairman at Nike (NKE), as chairman, succeeding Susan Arnold. Disney, Peltz explained, "is a lot more than a media company." Disney's streaming business lost nearly $1.5 billion last quarter. Given Disney's distressed balance sheet, Jim asked Peltz about streaming service Hulu.

Once high-flying mega-cap technology stocks tumbled in 2022, but some investors are willing to bet on Amazon and Alphabet in 2023, a new Delivering Alpha investor survey suggests. Betting on energy Energy stocks rallied in 2022 as the world grappled with supply constraints fueled by the conflict in Ukraine, but some investors aren't giving up on it just yet. When asked which areas they plan to focus on at the beginning of 2023, 41% of respondents highlighted energy stocks. Fundstrat's Tom Lee told CNBC last month that energy stocks can more than double next year even if the market stays flat . As uncertainty lingers, survey respondents also said they plan to look beyond the U.S. in 2023 toward opportunities in emerging markets.

Source: NYSE(Click here to subscribe to the new Delivering Alpha newsletter.) Despite this year's market havoc, investors are feeling fairly optimistic going into 2023, according to a new CNBC Delivering Alpha investor survey. Notably, when asked about their biggest concern for the market, an overwhelming 73% of the participating money managers said it was Fed policy. Zoom In Icon Arrows pointing outwards CNBC Delivering Alpha investor surveyComing in second place was a Chinese invasion of Taiwan. Inflation and the investing environmentAbout four out of five participating money managers predict that inflation will continue to ease in the new year.

☆ Citadel's Ken Griffin warns the US economy will enter an immediate 'great depression' if China invades Taiwan and cuts off access to its semiconductor industry
▼ + stars: | 2022-11-16 | by ( ) www.businessinsider.com time to read: +2 min

Citadel founder Ken Griffin speaks at the CNBC Delivering Alpha conference in New York on September 28, 2022. CNBCThe US economy would immediately enter a great depression if China invades Taiwan, according to Citadel founder Ken Griffin. The US is "playing with fire" as it balances a sensitive relationship between China and Taiwan, according to Citadel founder Ken Griffin. In an interview with Bloomberg on Tuesday, Griffin said the US would enter an "immediate great depression" if China invades Taiwan and cuts off access to its semiconductor industry. But that concentrated bet could be a big loser if Griffin's bleak view on China and Taiwan ultimately pans out.

☆ It's the bond market's time to shine
▼ + stars: | 2022-11-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Bond yields are at their highest levels in years. The result has been nothing but pain for stock and bond prices since the start of the year. Another reason is because in a recessionary environment, bond prices typically rise as investors pile into safe-haven assets like Treasurys. "Bond investors are facing a unique win-win scenario right now," Saperstein said in an October memo. He continued: "If inflation and rates continue to rise, bond prices will decline but unrealized price losses can be meaningfully offset by locked-in 4-6% income returns.

☆ China's alarming decline could tank the stock market, take down the global economy, and spark a dangerous showdown with the US
▼ + stars: | 2022-10-30 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

In the Western capitals and boardrooms, it appears the horror of Beijing's transformation has finally settled in, and the lure of China's economic future is fading. Economic dangerIf you want a clue to just how far China's economy has fallen, look no further than Beijing's attempts to hide information about the country's growth. Beyond the short-term signs of trouble, there are more enduring signs pointing to China's economic distress. That's a big if, and even if Beijing is successful, the slow-moving blob of debt will choke off economic growth for years to come. Xi has tightened his grip on China's economy and government from education to public health.

☆ Where is Alpha Now?
▼ + stars: | 2022-10-14 | 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 EmailWhere is Alpha Now? In an era of major crosscurrents, investors want to know where the greatest investment opportunities are today. Three influential players will examine the key issues influencing the markets, and share their perspective on delivering alpha.

☆ 'Deer in the headlights': Young bankers on Wall Street have had it easy for years — but they're about to face a bloodbath
▼ + stars: | 2022-10-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

If you can spare compassion for anyone on Wall Street during these volatile times, please consider the youth. That also meant bankers on Wall Street got fat off the huge fees that came with advising these companies or taking them public. Wall Street is an apprenticeship system; young bankers learn by watching senior bankers do things and by doing all the time-consuming grunt work senior bankers don't want to do. Many of the rules that young Wall Street just learned about how the markets react to events have to be thrown out the window. In the crowd at the conference that day were a bunch of young Wall Streeters who had been invited to attend as a learning experience.

☆ Billionaire investor Stanley Druckenmiller says owning stocks 'doesn't make a lot of sense' right now as the US economy will likely go into recession in 2023 — and warns the market is in for a decade
▼ + stars: | 2022-09-29 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Billionaire investor Stanley Druckenmiller says the US economy is headed for a recession in 2023. Stanley Druckenmiller delivered a bleak message on Wednesday on the fate of the US economy: a recession is very likely sometime next year. "I will be stunned if we don't have a recession in '23," Druckenmiller said at the CNBC Delivering Alpha conference in New York. Given the poor macroeconomic outlook and the Fed's stated willingness to cause damage to the labor market, Druckenmiller said he's not bullish on risk assets like stocks right now. "You can have a period of 15, 20 years, 10 years where the market doesn't go anywhere.

☆ Inflation has yet to peak, CFOs say, and recession is already here or soon to hit
▼ + stars: | 2022-09-29 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

The CNBC CFO Council survey is a sample of the current outlook among top financial officers. More than a quarter of the CFOs say inflation is the biggest external risk factor facing their businesses. With persistent inflation, CFOs have shifted their view regarding the timing of a recession as a result of the Fed's rate hikes. Nineteen percent of CFOs now say they expect a recession in the fourth quarter of this year, up from 13% in Q2. The CNBC survey finds companies still in hiring mode, with 57% of CFOs saying they expect to add to headcount in the next year.

☆ There's an ESG backlash inside the executive ranks at top corporations
▼ + stars: | 2022-09-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Only 25% of CFOs surveyed by CNBC support the SEC's climate disclosure proposal, according to the survey. More than half (55%) of CFOs are opposed to the SEC climate rule, and 35% say they "strongly oppose" it. Proving climate materialityA critical issue for CFOs with the new SEC climate disclosure is the lack of a clear correlation between the climate data and financial statements. The first task for CFOs on climate disclosure, Clayton says, is to be candid with investors and stakeholders about this disconnect. "We are not blanket defenders of ESG," said Martin Whittaker, founding CEO of ESG research nonprofit Just Capital, which releases an influential ranking of top companies on ESG annually.

☆ Britain's intervention did nothing to solve inflation or ensure earnings growth
▼ + stars: | 2022-09-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

But are inflation and earnings the only worries? "We view the real fear as decaying faith in central banks' ability to negotiate these trying times (and, quite frankly, the smell of desperation)." "For a more sustained rally, investors will need to see convincing evidence that inflation is coming under control, allowing central banks to become less hawkish." Inside the Fed, it's always been the central bank's favorite inflation gauge. "...Clients have indicated they would prefer stable 3-4% inflation and no recession over a 2% inflation rate with recession."

☆ Legendary short-seller Jim Chanos says investors are overlooking a major risk - China's real-estate crisis: 'We ignore it at our own peril'
▼ + stars: | 2022-09-29 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Investors are underestimating the risks in China's real-estate crisis, Jim Chanos told CNBC. "Almost every large company in China has a real estate development arm — so it's not just the developers," he said. Building by Evergrande, the country's second-largest developer, helped drive a decades-long boom in real estate that in turn helped fuel growth in China's economy. Overseas investors have over looked the struggles in China's real-estate sector, despite its importance. "Residential real estate is 20 to 25% of the Chinese economy, which is a stunningly large number," he said.

☆ Stocks rebound from 2022 low, Dow closes up more than 500 points
▼ + stars: | 2022-09-28 | by ( Jesse Pound | ) www.nbcnews.com time to read: +2 min

The move stabilized the British pound, which became the center of attention in markets this week as it tumbled to a record low against the U.S. dollar. The S&P 500 rose 1.97% to 3,719.04, one day after notching a new bear market low. The Dow and the S&P 500 snapped a six-day losing streak. The Dow is now 19.7% off its 52-week high, while the S&P 500 is 22.8% below its record. The S&P 500 breaking below its previous low is a key indicator for some that stocks still have further to fall.

☆ Digitization, energy transference & enterprise-software are investable long-term, says Goldman's Salisbury
▼ + stars: | 2022-09-28 | 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 EmailDigitization, energy transference & enterprise-software are investable long-term, says Goldman's SalisburyCNBC's Tyler Mathisen speaks with Julian Salisbury, Goldman Sachs Asset Management global co-head, who joins 'The Exchange' to discuss the next big thing in investing at Delivering Alpha.

☆ Treasury's Wally Adeyemo says Biden administration is doing everything it can to combat inflation and recession
▼ + stars: | 2022-09-28 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

Deputy Treasury Secretary Wally Adeyemo said Wednesday that the Biden administration is doing everything it can to combat inflation avoid a recession. He added that the administration is working to bring down inflation through a series of measures outlined in the Inflation Reduction Act, the CHIPS Act and the bipartisan infrastructure law. "That will give us the ability to make sure that we have sustainable growth as we come out of this high inflation period." "The spending (in the) Inflation Reduction Act is spent over time, and it's spending that's going to help expand the productive capacity of the economy," he said. He said investments that make the economy more productive, will lead to "better growth outcomes over time."

☆ Citadel's Ken Griffin says Fed must continue fight to reset inflation expectations
▼ + stars: | 2022-09-28 | 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 EmailCitadel's Ken Griffin says Fed must continue fight to reset inflation expectationsKen Griffin, Citadel’s founder and CEO, speaks from CNBC's Delivering Alpha and discusses his outlook on rising inflation in the United States, and the Fed's approach to fighting rising prices.

☆ Watch live: Virginia Gov. Glenn Youngkin interviewed at CNBC's Delivering Alpha conference
▼ + stars: | 2022-09-28 | by ( Emma Kinery | ) www.cnbc.com time to read: 1 min

Virginia Republican Gov. Glenn Youngkin sits down with CNBC Senior Congressional Correspondent Ylan Mui at CNBC's Delivering Alpha conference Wednesday. Youngkin previously was the co-chief executive officer of The Carlyle Group, one of the world's most influential private equity firms, where he worked for 25 years before retiring. As governor, Youngkin has declared Virginia "open for business" and sought to attract companies to the state, but has also faced backlash for his controversial culture-war stances. Virginia is ranked third in CNBC's America's Top States for Business in 2022 after holding the top spot for the previous two consecutive years.

☆ SunRun is the aluminum siding of the 21st century, says Jim Chanos
▼ + stars: | 2022-09-28 | 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 EmailSunRun is the aluminum siding of the 21st century, says Jim ChanosLegendary investor Jim Chanos and Carson Block, investor and founder of Muddy Waters Research, join CNBC's Dominic Chu at the Delivering Alpha conference to discuss investing in alternative energy given the focus following the Inflation Reduction Act.

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