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☆ A less obvious area in A.I. could be an $11 billion opportunity, Bernstein says — and names 4 stocks
▼ + stars: | 2023-03-30 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Goldman Sachs estimates that generative AI in particular will drive almost $7 trillion in global economic growth over the next decade, with a total addressable market (TAM) of $150 billion. Nvidia is another top pick on Wall Street, with the chipmaker seen as the "grand marshal" of the AI parade . Bernstein, for one, said it believes the world is witnessing an "exciting inflection" of AI adoption in manufacturing. Stock picks In a note on March 28, Bernstein analyst Jay Huang named a raft of stock picks with "outperform" ratings to ride the AI opportunity in manufacturing, including Japanese electronics firm Keyence . The bank identified three areas in which AI is utilized in in the manufacturing process: industrial machine vision, robot guiding and industrial software.

☆ Commodity stocks are a ‘great place to look’ amid the volatility: Fund manager
▼ + stars: | 2023-03-29 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

But fund manager James Davolos believes the commodities sector is where it's at for savvy investors. "I don't really worry about volatility that much, but I continue to think that the one universally underpriced asset class today is commodities," Davolos, portfolio manager at Horizon Kinetics, told CNBC's "Street Signs Asia" on Monday. Stocks to play it One of his top picks is Lithium Royalty Corp, which owns a royalty portfolio of lithium mines. Davolos believes the market is underappreciating Lithium Royalty as most of its portfolio mines have yet to commence production. Davolos also likes two other stocks : Viper Energy Partners , which owns a royalty portfolio of oilfield assets, and its parent company Diamondback Energy .

☆ Here's where to invest $10,000 right now, according to the pros
▼ + stars: | 2023-03-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The S & P 500 is on track to finish March flat and end the first quarter up more than 3%. So if you had $10,000 to invest, where should you put it and how much should you allocate to each asset class? He also recommended getting exposure to some of the top holdings in the SPDR S & P 500 ETF , which tracks the S & P 500, as well as the VanEck Semiconductor ETF . He said he'd invest 40% into stocks: 15% in Asia, 15% in the U.S., and 10% in Europe. On the equities front, he told CNBC Pro that he would buy large-cap energy stocks.

☆ Buying the dip on energy stocks? Wall Street pros name their top picks
▼ + stars: | 2023-03-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Energy was the second-best-performing sector of the S & P 500 last week, as investors flocked back into the stocks amid a recent dip in oil prices. Thummel also likes two energy infrastructure stocks — Cheniere Energy and Energy Transfer . He likes Viper Energy Partners , which owns a royalty portfolio of oilfield assets. "Viper Energy has one of the largest backlogs of tier-one locations in the [Permian] basin. Viper Energy is thus able to leverage improving energy prices while having "strong" downside support, according to Davolos.

☆ Here's how to spot a good growth stock, according to one fund manager
▼ + stars: | 2023-03-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Growth stocks have been enjoying a rebound after a miserable 2022. And the tech sector in particular — a favorite among investors seeking exposure to growth stocks — has been a bright spot amid the banking turmoil. "As a growth manager … one of the things we're trying to think about is, how do you identify good growth businesses?" He said one of the biggest risks of growth investing is paying too much today for future growth. Future growth is very difficult to predict, he said, adding that historical growth isn't particularly indicative of future growth.

☆ This fund manager has never owned a bank stock — and reveals what he looks for instead
▼ + stars: | 2023-03-24 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Investors have fled bank stocks in droves since a crisis in the sector broke out earlier this month. Fund manager Ian Mortimer is not a fan — and said he has never owned a banking stock in any of his funds. If you think about that as your starting point, the vast majority in the banking sector do not pass those criteria," he said. "The banking sector has been an area that often pays quite high dividends — sort of attractive from that perspective. So, it's a ... theory that in distress, the banking sector will reduce or potentially cancel their dividends," Mortimer added.

☆ This e-commerce stock has a whopping 300% upside, according to Morgan Stanley
▼ + stars: | 2023-03-23 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The e-commerce market grew in 2020 as consumers shied away from brick-and-mortar stores and opted for contactless deliveries during pandemic lockdowns. A period of normalization then followed, according to Morgan Stanley , with the sector notching a streak of four consecutive quarters of declining penetration. Stock picks The recovery in e-commerce growth is an opportunity for incremental sales growth and gains in market share, according to Morgan Stanley. Morgan Stanley said the company is a "share taker" in a key underpenetrated e-commerce category: global luxury. Nike expects the figure to rise to 40% over the longer term, according to Morgan Stanley, which implies e-commerce sales of $30 billion by 2027.

☆ A longtime bear is ‘creeping back’ into tech — and has some picks to play it
▼ + stars: | 2023-03-22 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

Tech investor Paul Meeks — an unabashed longtime tech bear — is also beginning to warm to the sector. "I'm creeping back into the sector after long advocating an underweight position in it," he said in notes to CNBC on Friday. Chip makers NXP Semiconductors and STMicroelectronics also made Meeks' list, with the tech investor saying they are two stocks that he "likes very much." Outside of semiconductors, Meeks is also looking at German software firm SAP . "Keep an eye on SAP because this windfall for them could be a really nice blessing, a game-changer," he added.

☆ Goldman’s Oppenheimer says stocks will stay ‘fat and flat’ — and reveals how to trade it
▼ + stars: | 2023-03-21 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

But stock markets are not out of woods yet, according to Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer. He believes contagion fears around the banking sector are just one of several risk factors afflicting stocks, and predicts the market will remain "fat and flat" in the near term. He said U.S. stocks continue to look stretched and offer "very little return," while cash and short-duration debt looks "very attractive" relative to stocks. How to trade it Despite uncertainty in the European banking sector, Oppenheimer believes European stocks will continue to outperform their U.S. peers. Outside of stocks, he is also overweight cash in his global asset allocation, given greater uncertainty about the near-term path for corporate profits.

☆ From Tesla to under-the-radar battery stocks: Wall Street has a playbook for the EV boom
▼ + stars: | 2023-03-20 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The bank's "Battery Electric Vehicles Basket" comprises several stocks across the EV supply chain, including automakers Rivian , Lucid and Li Auto . This may be the opportune moment for Chinese EV brands to knock on the doors of Europe." Among the Chinese EV makers, BYD, Nio and Xpeng are "the ones to watch," according to Bernstein. "We expect Chinese EV players to find better success targeting the compact, mass market EV segment that has so far been under-penetrated in Europe," the bank said. Tesla and under-the-radar plays Tesla is one of Deutsche Bank 's top picks in the EV space.

☆ Tesla vs. BYD: Market pros pick their favorite electric vehicle giant
▼ + stars: | 2023-03-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Tesla has long been an investor favorite for exposure to the electric vehicle transition, but not everyone is convinced. Berkshire Hathaway-backed BYD , for example, is often touted as a better bet than Tesla. BYD is so much ahead of Tesla in China ... it's almost ridiculous," Charlie Munger, vice-chairman of Berkshire Hathaway, said last month . "Long term, Tesla is not a car company and that's the difference. 'Take profit' in Tesla Wall Street veteran David Trainer has a more bearish view, however, as he urged investors to "take profit" in Tesla.

☆ Want an annual investment return of up to 12%? This 'boring' strategy's the way to go, investor says
▼ + stars: | 2023-03-16 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

"I know it sounds boring, but we do try and look at where we think things will be in three to five years' time. A discount rate is the rate of return used to discount future cash flows back to their present value. Desmond said the firm applies a discount rate of 8% across its portfolio, which remains constant across the entirety of a financial cycle. I think if you keep moving your discount rate around every day, your valuations get very, very sensitive and it can really just whipsaw you. Stick to the 'Steady Eddies' Desmond characterizes the firm's investment approach as "a bit boring."

☆ ‘Chaos creates opportunities’: Strategist says to look beyond the SVB fallout — and names his top picks
▼ + stars: | 2023-03-15 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Markets calmed somewhat Tuesday, and Kenny Polcari, chief market strategist at SlateStone Wealth, believes the worst of the equity sell-off is over. "There's a lot of damage done to some of these stocks and they're going to need to rebalance. You need health care, you need consumer staples, you need energy. So yes, I think there are opportunities certainly in the health care space that are good dividend payers as well," he said. While the stock is not a "big sexy tech name," it is a "solid, great drug name," according to Polcari.

☆ As tech gets hit again, strategists say these stocks present a buying opportunity
▼ + stars: | 2023-03-14 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Meanwhile, Fed Chairman Jerome Powell said last week that interest rates are likely to remain "higher than previously anticipated" — usually viewed as bad news for the tech sector. But some market pros see the volatility as an opportunity to snap up growth stocks at bargain prices. Big Tech stock picks Speaking last week, before the sell-off, Sylvia Jablonski, chief investment officer at Defiance ETFs, urged investors to watch for pullbacks. AI is expected to grow at a compounded rate of 37% by 2026, Jablonski added, citing research by global market intelligence firm International Data Corporation. Firetrail Investments' Anthony Doyle also identified Microsoft as a tech stock he's bullish on , despite the volatility.

☆ About 61% of overseas foreign workers from the Philippines are women, says statistics authority
▼ + stars: | 2023-03-10 | by ( Jp Ong | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAbout 61% of overseas foreign workers from the Philippines are women, says statistics authorityOverseas foreign workers from the Philippines are often subjected to long working hours and exploitation. CNBC's JP Ong reports.

☆ Bonds yields are soaring. But this strategist says she's still a fan of these 'compelling' stocks
▼ + stars: | 2023-03-09 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Bonds may have become more appealing as Treasury yields hit new highs. But investment strategist Amy Kong says stocks are still attractive. Bonds compete with stocks for investor dollars, so when bond yields rise, stock prices can go down. But Kong remains upbeat on the longer term. Valuations remain a critical metric to consider as higher price-to- earnings stocks carry greater downside risk.

☆ Strategists say it’s a stock picker’s market right now — and name their top picks
▼ + stars: | 2023-03-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Against this backdrop, a slew of strategists are calling it a stock picker's market and advising investors to be particularly mindful of the companies they invest in. "You really do need to have discipline, but this is definitely a stock picker's market. The SOXX, which offers investors exposure to a basket of U.S.-listed semiconductor stocks, is up more than 20% this year. She believes the current macro backdrop is a "stock picker's scenario" that calls for "an active trading environment." The stock has a current dividend yield of 2.7%, higher than the industry average of 0.8%, according to FactSet data.

☆ Veteran investor says we're in another bear market rally — and names the stocks to trade it
▼ + stars: | 2023-03-07 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Despite the volatility, the Dow Jones Industrial Average , S & P 500 , and Nasdaq Composite all remain in positive territory — but market watchers are divided on whether this is the start of a new bull market or just another bear market rally. Michael Landsberg, partner and chief investment officer at Landsberg Bennett Private Wealth Management, is firmly in the latter camp. Several risks remain in the market, according to Landsberg. For example, short-duration fixed income is an "attractive" area of the market right now, according to Landsberg. One sector that Landsberg is avoiding is "profitless tech," as he believes earnings in the sector will continue to decelerate.

☆ Wall Street pros name the biggest risk to stock markets — and how to trade it
▼ + stars: | 2023-03-06 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Top of mind, however, is undoubtedly the path of interest rate hikes, with market pros nervously looking to the Federal Reserve's next rate decision on Mar. Anastasia Amoroso, chief investment strategist at iCapital, believes the "biggest market risk" right now is the Fed raising the terminal rate to a range of 6% to 6.5%. One obvious area fixed income, with Ma Yung-Yu, chief investment strategist at BMO Wealth Management, calling the asset class a "welcome relief and benefit to the portfolio." David Dietze, managing principal at Peapack Private Wealth Management, believes investors should "stay the course" in stocks. He noted that stock prices are "off their highs" — and the market has never failed to rebound to new highs.

☆ A.I. is all the rage. This investor shares a less obvious way — and one stock — to play the trend
▼ + stars: | 2023-03-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

And according to tech investor Mark Hawtin, there's a smart way to jump on the trend: playing the data theme. But Hawtin, investment director at Zurich-based GAM Investments, has identified data as another way to get into the game. Data generation is growing by between 30% and 40% every year, according to Hawtin, who added that he likes data storage companies. The U.S. data storage company Seagate. Hawtin isn't the only one to flag hardware companies as a way to invest in AI.

☆ Jumping on the China bandwagon? Analyst reveals whether A-shares or H-shares are a better bet
▼ + stars: | 2023-03-03 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

But the euphoria around the reopening has since tapered off, with several key benchmarks in Hong Kong and mainland China paring some of their gains since the beginning of the year. The pullback could be a good opportunity for investors to buy Chinese stocks at more palatable prices, according to Bernstein analyst Rupal Agarwal. A-shares are shares of publicly listed Chinese companies that trade on Chinese stock exchanges. The trading of H-shares is done on the Hong Kong Stock Exchange in Hong Kong dollars. Given China's strict capital controls, A-shares are generally available for trading only to mainland Chinese citizens, while H-shares are more freely tradeable.

☆ Is the traditional 60/40 portfolio dead? Morgan Stanley's Jim Caron has a theory about that
▼ + stars: | 2023-03-02 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

2022 was the worst year the "60/40 portfolio" had since 1926 . But Morgan Stanley 's Jim Caron is unconvinced by the rally, calling the 60/40 strategy "a thing of the past." "But that was when interest rates were falling from 1980 to 2021. The logic of holding a 60/40 portfolio for the long term appears "broken," he wrote in a Feb. 13 note. The shift from a 2% [average fed funds rate] world to a 5% world means structurally higher inflation and interest rates," he said.

☆ Is ChatGPT the tip of the iceberg? Analysts reveal potential A.I. uses — and the stocks to play it
▼ + stars: | 2023-03-01 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

ChatGPT is considered by far the most successful generative AI tool to date. But while ChatGPT is undoubtedly the talk of the town, HSBC believes it could just be the tip of the generative AI iceberg. However, there is the potential for Generative AI to have a significant impact on several sectors of the economy," the bank said. How to play it Morgan Stanley has named a raft of global stocks to play generative AI. Medical diagnostics Meanwhile, Canaccord Genuity in a Feb. 20 note highlighted the implications of AI on the medical diagnostics sector.

☆ 'High-quality' and 'reliable': Investor says Apple is a good stock for a volatile market
▼ + stars: | 2023-02-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

But the path of interest rate hikes remains uncertain amid stubbornly high inflation and the continuing strength of the U.S. consumer, while the prospect of a recession persists in the minds of investors. Against this backdrop, tech investor Mark Hawtin believes Apple could be a safer bet within the mega-cap space. I think if the macro remains uncertain, then Apple remains a good stock to hold, because it provides certainty in an uncertain environment. "I think [Apple] will always overcome the supply chain obstacles in the end. Analysts think the stock could go higher, with about 78% of those covering the stock rating it a "buy" and giving it average upside of around 15%.

☆ Investor says tech has yet to bottom — and reveals the mega-cap stocks to avoid
▼ + stars: | 2023-02-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Tech stocks have been on the up this year; the Nasdaq Composite is the best-performing Wall Street index, up around 11% since the start of 2023. But tech investor Mark Hawtin believes the sector's resurgence is nothing more than just another bear market rally. "At the end of the day, Google and Facebook are advertising businesses, they use technology to run their platforms, but they are dependent on advertising," Hawtin said. About 88% of analysts covering Alphabet rate it a "buy," and give it average upside of 36.3%. Meta is also well-liked by analysts, with 67% of its analysts giving it a buy rating, and potential upside of 19.3%.

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