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☆ A 23-year realtor shares the key tip that has allowed him to negotiate home prices down by up to $129,000 in the current market, and additional tips to save on interest rates
▼ + stars: | 2023-04-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Ryan Rogers says home buyers can take advantage of the current real estate market. Rogers recommends looking for properties that have been on the market for more than 30 days. The 30-year fixed rate averaged about 6.62% on Wednesday, down from peaks of above 7% during the last quarter of 2022. But nothing could be farther from the truth, according to Ryan Rogers, a 23-year residential real estate agent with Douglas Elliman in Austin, Texas. Since the start of the year, he has noticed an increase of properties that have been sitting on the market for 30 to 60 days.

☆ Here are Thursday's biggest analyst calls: Tesla, Amazon, GE, Home Depot, Elanco, SeaWorld & more
▼ + stars: | 2023-04-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs reiterates Tesla as buy Goldman says Tesla's earnings report on Wednesday was a "negative" but that it's standing by the stock. Bank of America reiterates Amazon as buy Bank of America says it's standing by Amazon heading into earnings next week. Bank of America upgrades WestRock to buy from neutral Bank of America said in its upgrade of the packaging solutions company that it sees "transformation benefits." Bank of America downgrades NetApp to underperform from neutral Bank of America said in its downgrade of the hybrid cloud data services company that it sees weaker demand. Morgan Stanley initiates SeaWorld as overweight Morgan Stanley said in its initiation of SeaWorld that it sees an attractive risk/reward.

☆ Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
▼ + stars: | 2023-04-18 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

Unlike its more diversified rivals, Goldman gets the majority of its revenue from Wall Street activities, primarily trading and investment banking. Bad compsFixed income trading revenue fell 17% to $3.93 billion, roughly $230 million below the StreetAccount estimate, on lower activity in currencies and commodities. Despite the decline, it was still one of the Equities trading revenue slipped 7% to $3.02 billion, edging out the $2.9 billion estimate. While investment banking revenue remained weak, falling 26% from a year earlier to $1.58 billion, that was better than the $1.44 billion estimate. The bank's platform solutions business generated $564 million in revenue, a 110% increase from a year earlier and topping the $535.1 million estimate.

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Microsoft, Netflix, Amazon, Sunrun & more
▼ + stars: | 2023-04-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

This is relevant to Apple as we estimate that Google pays Apple ~$20bn for being the default search engine across iOS devices." Goldman Sachs reiterates Microsoft as buy Goldman says it's staying bullish heading into Microsoft earnings next week. Deutsche Bank reiterates Disney as buy Deutsche Bank says it sees an "attractive setup" heading into earnings in early May. HSBC upgrades Nvidia to buy from reduce HSBC said in its double upgrade of Nvidia that it's "all about AI." Deutsche Bank reiterates Amazon as buy Deutsche says it's standing by its buy rating on the e-commerce giant ahead of earnings later this month.

☆ Asia stocks on guard for earnings, China economy surprises
▼ + stars: | 2023-04-17 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

EYES ON EARNINGS OUTLOOKS&P 500 futures inched up 0.2%, while Nasdaq futures were flat as investors awaited a slew of earnings reports led by Goldman Sachs (GS.N), Morgan Stanley (MS.N) and Bank of America (BAC.N). Analysts expect Q1 S&P 500 earnings to fall 5.2% from the year-earlier period, though BofA analyst Savita Subramanian is more concerned about the outlook for 2023. "Our 2023 EPS estimate for the S&P 500 remains $200, still 9% below consensus estimates." In bond markets, the shift in Fed expectations pushed U.S. two-year yields up to 4.12%, having risen 12 basis points last week. Futures have 37 basis points of ECB tightening priced for the May meeting and 82 basis points by October.

☆ Asia stocks brace for updates on earnings, China economy
▼ + stars: | 2023-04-17 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

☆ Asia stocks on edge for earnings, China data
▼ + stars: | 2023-04-17 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

EYES ON EARNINGS OUTLOOKS&P 500 futures edged up 0.2%, while Nasdaq futures were flat as investors awaited a slew of earnings reports led by Goldman Sachs (GS.N), Morgan Stanley (MS.N) and Bank of America (BAC.N). Analysts expect Q1 S&P 500 earnings to fall 5.2% from the year-ago period, though BofA analyst Savita Subramanian is more concerned about the outlook for 2023. "Our 2023 EPS estimate for the S&P 500 remains $200, still 9% below consensus estimates." In bond markets, the shift in Fed expectations pushed U.S. two-year yields up to 4.12%, having risen 12 basis points last week. Futures have 37 basis points of ECB tightening priced for the May meeting and 82 basis points by December.

☆ These 15 stocks will matter the most to corporate profits during a quarter where earnings will fall again, according to Credit Suisse
▼ + stars: | 2023-04-17 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Markets are preparing for a second straight quarter of negative earnings growth. Credit SuisseMarkets are bracing for weaker profits in seven of the 11 S&P 500 sectors, Golub wrote. Q1 earnings revisions are more negative than usual, according to Credit Suisse. Weaker bottom-lines are also masking anticipated strength in sales growth, Credit Suisse found. Those 15 stocks are below, along with the ticker, weight of S&P 500 profits, expected earnings growth, and expected contribution to earnings growth for each.

☆ Goldman says dividend growth stocks will outperform under current conditions. 10 names it recommends
▼ + stars: | 2023-04-17 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Goldman Sachs says one income-focused strategy is off to a strong start this year, and will continue to outperform – dividend growth stocks. Going forward, dividend growth stocks will continue to beat buyback stocks, according to Goldman's chief U.S. equity strategist David Kostin. Fastenal shares are up 12% this year, and the industrial supplies company has a 2.6% dividend yield, FactSet data showed. Home Depot shares are down this year, but was a new addition to Goldman Sachs' dividend growth list. Lowe's is another dividend growth stock, with a 2.1% dividend yield, and Goldman seeing 30% annual compound dividend growth over 2022-2024.

☆ Buy this retailer because of the warmer Northeast weather and its lawn & garden exposure, Wells Fargo says
▼ + stars: | 2023-04-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Now that spring has sprung, millions of Americans are heading outdoors and tending to their lawns — and Lowe's is poised to benefit, Wells Fargo wrote in a note Friday. While temperatures in the Northeast were essentially in-line with their historic averages in February and March, April is off to a better year-over-year start, analyst Zachary Fadem said. Fadem said the inflecting weather and weak sentiment could make Lowe's "a 'sneaky' long." LOW YTD mountain Lowe's year-to-date performance Lowe's also has roughly 20% of its first-quarter sales tied to lawn and garden, compared to the high teens for Home Depot , he pointed out. April traffic to date is already off to a solid start for the home-improvement retailer, improving 3.7 percentage points from the last week in March, Fadem said.

Gamification and artificial intelligence are "a winning combination" for language-learning app maker Duolingo , according to Bank of America. Analyst Nat Schindler, who reiterated his buy rating on the company, boosted his price target on Duolingo shares to $160 from $105. The analyst highlighted a new AI-driven paid subscription, Duolingo Max, that could boost the company's growth prospects, according to a Wednesday research note. The service includes new AI features powered by GPT-4, including a role-play function to allow users to practice conversations. To be sure, the analyst noted potential risks to his valuation include competition from peers adopting new technology or formatting.

☆ Jim Cramer's top 10 things to watch in the stock market Thursday: Wells upgrade, STZ reports, FedEx's new day
▼ + stars: | 2023-04-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Raises price target to $52 from $47. Charles Schwab (SCHW) price target slashed to $65 from $89 at Keefe Bruyette. Analyst keeps an outperform rating on shares, acknowledging risks to near-term earnings outlook, but says the sell-off is now overdone. Evercore ISI lowers price target to $535 from $545, but keeps outperform rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ This chip stock offers 'best-in-class' free cash flow returns and nearly 30% upside, Bank of America says
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Analog Devices ' "best-in-class" free cash flow returns and exposure to a myriad of growth opportunities situate the chip stock for nearly 30% upside in the months ahead, according to Bank of America. "We value ADI at the higher end of peer comps due to ADI's growth potential and free cash flow generation." According to Arya, Analog Devices offers an intriguing combination of offensive and defensive attributes. ADI YTD mountain Shares of Analog Devices in 2023 Arya added that Analog Devices' valuation is also compelling. The stock's 2023 and 2024 enterprise value-to-free cash flow multiples are "about 2x turns below SPX industrial peers," he said.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Tesla, Macy's, Netflix, Sunnova, Intel & more
▼ + stars: | 2023-04-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley initiates Sunnova as overweight Morgan Stanley said it sees 124% upside for the solar company. " Morgan Stanley downgrades First Solar to underweight from equal weight Morgan Stanley downgraded the stock mainly on valuation. Bank of America adds Lowe's to the US 1 list Bank of America added the home improvement giant to its top ideas list. Bank of America names Netflix a top second-quarter pick Bank of America said it's bullish on the streaming giant as the second quarter begins. Morgan Stanley downgrades Marqeta to equal weight from overweight Morgan Stanley said in its downgrade of the card payment and solutions company that it sees too many negative catalysts. "

☆ Evercore ISI upgrades says it's time to buy this retail giant on improving traffic trends
▼ + stars: | 2023-03-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Evercore ISI thinks it's time for investors to consider scooping up shares of Walmart . Analyst Greg Melich upgraded the retail stock to outperform from in-line, citing normalizing inventory and improving traffic trends. "The traffic turn appears to be building, and with consumers across the demographic spectrum making wallet allocation choices after several years of record nominal retail spending, Walmart is poised to regain share." "We might be early, as the April analyst day could pose a risk if management tries to bludgeon the Street to their guidance range," Melich wrote. "That said, with traffic momentum and margin expansion likely amidst a decelerating Retail world we like Walmart's scale, balance sheet and stability."

☆ Here are Monday's biggest analyst calls: Tesla, Amazon, First Republic, Roku, Walmart & more
▼ + stars: | 2023-03-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Susquehanna upgrades Roku to positive from neutral Susquehanna said it sees an attractive risk/reward for the stock. Citi upgrades KeyCorp and M & T Bank to buy from neutral Citi upgraded several regional banks on Monday and said the risk/reward looks compelling. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said it sees 50% upside for shares of the e-commerce giant. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said it sees an attractive risk/reward heading into the company's investment community meeting on April 4. Morgan Stanley moves First Republic to no rating Morgan Stanley removed its estimates and ratings on the stock due to too much uncertainty.

☆ These 4 industries will determine whether US advertising revenue will start to recover this year, according to IPG Mediabrands
▼ + stars: | 2023-03-27 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

The second half of 2023 is "guaranteed" to be better than the second half of 2022. US ad revenue grew 6% in 2022, but spending massively slowed during the second half. If Magna's predictions for a 2023 ad spend recovery come true, it will be led by automotive, entertainment, travel, and insurance, within the finance industry. However, improvements in the auto industry is steering some recovery in ad spend from parts of the finance industry. Still, Letang expects comps in the second half of 2023 to be much better than the dismal second half of 2022.

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Wendy's, Microsoft, Coinbase, Netflix & more
▼ + stars: | 2023-03-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Friday's biggest calls on Wall Street: UBS reiterates Tesla as buy UBS said it's recent survey checks show Tesla is "best positioned" to win the EV race. Wells Fargo reiterates Microsoft as a top AI pick Wells said Microsoft is one of the biggest beneficiaries of AI. Jefferies downgrades UBS to hold from buy Jefferies said it sees too much uncertainty after the banking giant's acquisition of Credit Suisse. Jefferies upgrades Regeneron to buy from hold Jefferies said it's bullish on several of the pharmaceutical company's products. Citi reiterates Nvidia as buy Citi said Nvidia is a top beneficiary of AI.

☆ A real estate investor whose firm says it holds $282 million in assets shares 8 insider tips that will give any beginner an edge, even if they have no cash to start
▼ + stars: | 2023-03-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

But unlike other investment opportunities, real estate appealed to him because there were numerous areas where an investor could exercise control to increase the return on their investment. "The reason why I like real estate investing compared to the stock market is that the stock market is incredibly efficient. "Whereas real estate can definitely be an inefficient marketplace where you can gain the advantage." Start in places like real estate associations that regularly host events, conferences, and even breakfasts in cities across the country. You don't need a university degree to become a real-estate investor, but you can give yourself a head start with a few courses.

☆ Goldman Sachs says buy Juniper Networks, sees nearly 25% upside for the stock
▼ + stars: | 2023-03-07 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Investors should look beyond near-term headwinds to see the within Juniper Networks ' enterprise business, according to Goldman Sachs. Ng set a price target of $39, which implies an upside of 24.5% from where the stock closed Monday. Simon Dawson | Bloomberg | Getty ImagesInvestors should look beyond near-term headwinds to see the within Juniper Networks ' enterprise business, according to Goldman Sachs. Ng set a price target of $39, which implies an upside of 24.5% from where the stock closed Monday. Juniper Networks Inc JNPR ANALYST CONSENSUS 21 Ratings Hold 2 Strong Buy 2 Strong Buy 5 Buy 5 Buy 11 Hold 11 Hold 3 Underperform 3 Underperform 0 Sell 0 Sell 42.00 Highest Price Target Upside (14.43%) 35.85 Average Price Target 29.00 Lowest Price Target

☆ Here are Monday's biggest analyst calls of the day: Apple, Tesla, Nio, Ferrari, Merck, Nvidia & more
▼ + stars: | 2023-03-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: JPMorgan reiterates Amazon as a best idea JPMorgan says it's standing by its overweight rating on the stock. " Jefferies reiterates Tesla as buy Jefferies raised its price target on the stock to $230 per share from $180 and says it's standing by its buy rating. JPMorgan upgrades Vir Biotechnology to overweight from neutral JPMorgan said it likes the biotech company's product pipeline. JPMorgan reiterates General Electric as neutral After a change in analyst coverage, JPMorgan said GE's transformation continues but there's still more "work to do." Jefferies initiates Merck as buy Jefferies initiated the pharmaceutical company with a buy and said it has room for growth.

☆ Investors should brace for a sell-off in tech stocks with Fed chair Powell set to deliver a hawkish message to lawmakers, Gene Munster says
▼ + stars: | 2023-03-06 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Tech stocks are vulnerable to a sell-off this week as Jerome Powell testifies to Congress, Gene Munster said. The first half of 2023 will likely be rough for tech stocks but further strength lies ahead later this year, Munster said. "[I] suspect that he's going to be pretty hawkish, and I suspect that that's going to kind of lay the groundwork for a sell-off in tech," Munster said. Munster said Powell is poised to "retreat to his fallback position" of a more hawkish tone on monetary policy. For tech stocks, the first half of the year is going to be a difficult, said Munster.

☆ Bank of America reveals the winning market share gainers with more room to run
▼ + stars: | 2023-03-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Analysts at Bank of America named a slew of companies this week that they believe are winning market share in this tough economic environment and so the stocks have more room to run. They include: Analog Devices , TJX Companies, Zeta Global , Costco and Union Pacific. TJX Companies The discount retailer has room to grow, especially as shoppers look to save money by trading down, according to analyst Lorraine Hutchinson. We value ADI at the higher end of peer comps due to ADI's growth potential and free cash flow generation." as we view TJX as a market share gainer that is well positioned to benefit from trade-down and the high level of inventory availability.

☆ Will Home Prices Drop in 2023?
▼ + stars: | 2023-03-03 | by ( ) www.wsj.com time to read: +5 min

As of January, prices were down 13% from that June high, according to the National Association of Realtors. Will home prices drop in 2023? The University of California San Diego, for example, predicts prices will drop 5% nationally and as much as 18% in some cities. As a result, the U.S. housing market has been short on for-sale listings for more than a decade. “This is the easiest way to find out if you got a good price on your home in comparison to what else is on the market.”Finally, understand your finances.

LONDON, March 2 (Reuters) - Haleon (HLN.L), the world's biggest standalone consumer health business with brands such as Sensodyne toothpaste and Advil painkillers, reported its first full-year results on Thursday which analysts said were in line with expectations. Analysts said on Thursday that Haleon has had a strong start to 2023, and its full-year revenue growth forecast of 4% to 6% was in line or just ahead of consensus estimates. Rivals with consumer health operations, such as Bayer (BAYGn.DE) and Reckitt (RKT.L), have charged higher prices to partly offset broader falls in sales volumes. "Our organic (full-year) revenue growth ... was well balanced between volume and price, with two thirds of the business gaining or holding share," McNamara said. Haleon, which is made up of assets previously owned by GSK and Pfizer (PFE.N) reported organic revenue growth of 9% last year, just ahead of the 8-8.5% increase it predicted for 2022.

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