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☆ Land & Buildings spots a chance to build value in a real estate play with Six Flags
▼ + stars: | 2022-12-31 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

It invests in deeply discounted real estate in the public markets and select corporate engagements. Land & Buildings ("L&B") is a real estate focused investor, and this is primarily a real estate play. In its analysis, L&B assumes a 7.25% cap rate and a $2.8 billion value for the real estate. Without stabilizing operations, the real estate strategy can only create so much shareholder value. However, optimizing attendance and stabilizing operations will magnify any value created by the real estate strategy.

☆ These S&P 500 stocks are expected to post the biggest gains in the new year
▼ + stars: | 2022-12-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

While there's still time for stocks to turn around for the month, hopes for an end-of-year "Santa Claus rally" have fizzled out. However, analysts see the potential for big gains in some stocks despite the potential volatility ahead. Each of the 15 stocks below has at least about 50% upside to the average analyst price target. Discovery each have more than 100% potential upside, according to the target calculated by FactSet. The stock has upside potential of 51% from its current average price target.

☆ JPMorgan trims its price target for Amazon heading into a challenging economic environment in 2023
▼ + stars: | 2022-12-16 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

JPMorgan is still bullish on shares of Amazon but sees it rising less than previously expected in 2023. The firm slashed its 12-month price target to $130 from $145 in a Dec. 16 note. The new price target implies more than 46% upside to where shares currently trade. Lower estimates JPMorgan now sees fourth quarter net sales of $143.4 billion and operating income of $2.0 billion, a 1.4% margin. The firm's total 2023 revenue estimate is down about 2% to $563 billion, including 17% AWS revenue growth on the year.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Meta, Nvidia, Carvana, Delta, Walmart & more
▼ + stars: | 2022-12-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Evercore ISI names Apple as a top pick in 2023 Evercore said it sees 2023 as a "moonshot" year for Apple. MKM names Walmart a top 2023 pick MKM said it sees further share gains for Walmart in 2023. " JPMorgan names Eli Lilly a top 2023 pick JPMorgan said Eli Lilly is "best-in-class." Canaccord names Yeti and Traeger top 2023 picks Canaccord says Yeti should hold up well in a recessionary environment. YETI Holdings (YETI : BUY, $58 PT): We believe the core YETI consumer should hold up relatively better in a recession as it skews a bit higher end.

☆ Here's how to time your purchases of high-dividend stocks to get the best possible income and stay afloat, according to an Invesco CIO and portfolio manager
▼ + stars: | 2022-12-16 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Pete Santoro is a fund manager and investment chief at Invesco who focuses on dividend stocks. His brief includes a management slot in the firm's Dividend Income Fund, which went through a real turnaround not long after he joined. "I think investors are rediscovering the financial benefits of dividend-paying stocks in a market that is favoring income over riskier growth companies," Santoro told Insider in a recent interview. Dividend investing strategy in a volatile marketSantoro, like many dividend-focused experts, says it's not enough to buy shares of companies that pay high-percentage dividends. "We believe investors should focus on quality companies with growing free cash flows, growing dividends, and capital discipline," he said.

☆ JPMorgan upgrades Box, says cloud stock can rally 20% on strong financials and product suite
▼ + stars: | 2022-12-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Box is bucking the trend among technology names and stands to keep outperforming going forward, according to JPMorgan. Analyst Pinjalim Bora upgraded the software-as-a-service stock to overweight from neutral. The new target represents upside of 20% from Friday's close. The move follows the upgrade to neutral from underweight in March as the stock has continued to outperform the broader software sector, as measured by the iShares Expanded Tech-Software Sector ETF (IGV) . Growth should slow next year along with the broader software market, he said, but should still show a "double-digit" increase year over year.

☆ Here are Monday's biggest analyst calls: Apple, Netflix, Disney, Microsoft, Robinhood, Gap & more
▼ + stars: | 2022-12-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Stifel names Microsoft a top 2023 pick Stifel said it likes Microsoft's "strong product portfolio" for 2023. Goldman Sachs downgrades Ulta to neutral from buy Goldman said in its downgrade of the stock that it sees difficult comps. Evercore ISI names Netflix a top idea for 2023 Evercore said it sees "robust revenue growth" for Netflix in 2023. " Goldman Sachs upgrades Gap to buy from neutral Goldman said in its upgrade of the stock that it sees accelerated earnings growth. Cowen names Take-Two a top 2023 pick Cowen said the video game maker has a great "long-term track record."

☆ Here are Tuesday's biggest analyst calls: Tesla, Apple, JPMorgan Chase, GE, Starbucks, Costco & more
▼ + stars: | 2022-12-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: UBS reiterates Apple as buy UBS said Apple's iPhone supply chain headwinds are abating. Cowen reiterates TJX Company as outperform Cowen said it's feeling more bullish on the stock after a series of recent management meetings. Piper Sandler reiterates Tesla as outperform Piper said reports of Tesla cutting production in China are mostly overdone. Bank of America reiterates Chipotle as buy Bank of America said the Mexican chain restaurant has "price elasticity." Oppenheimer upgrades General Electric to outperform from market perform Oppenheimer said it's starting to see strong execution from GE .

☆ The managers of a $5.8 billion fund that's beaten 99% of competitors in the past 15 years share how to find winning value stocks in 2023 using this simple, timeless process
▼ + stars: | 2022-12-05 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The Tweedy, Browne International Value Fund has outperformed 99% of peers over the past 15 years. Few funds have been a better bet than the Tweedy, Browne International Value Fund (TBGVX) over the past three decades. Perhaps most impressive is that the $5.8 billion Tweedy, Browne International Value Fund has topped 99% of funds in its category in the past 15 years, according to Morningstar. Insider spoke with Wyckoff, Shrager, and Hill about their investing process and where they see opportunities for international stocks in 2023. Value stocks and international companies should outperform their growth and US-based peers, in his view.

☆ Truist upgrades MGM Resorts, says strong 2023 Las Vegas Strip calendar can boost stock more than 30%
▼ + stars: | 2022-12-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

MGM Resorts could be in for a big rally in the new year thanks to a jam-packed events calendar on the Las Vegas Strip, according to Truist. This event was held in Las Vegas last year, but Jones noted that comps will be easy to beat as the omicron Covid variant breakout hindered turnout. Other events slated to take place on the strip include the Formula 1 Las Vegas Grand Prix in the third quarter and the electric Daisy Carnival in the second quarter. Attendance to the former is expected around 170,000, while turnout for the latter is forecast at more than 400,000, Truist said. Still, he thinks that "the number and quality of events planned for Vegas should drive relative outperformance."

☆ JPMorgan likes these internet stocks heading into 2023
▼ + stars: | 2022-11-30 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

It's been a rough year for internet stocks as they've been pulled down by the technology rout. JPMorgan in particular sees five stocks as working well in the last few weeks of 2022 and heading into 2023. "Secular shift, favorable comps and increasing discipline position Amazon well into 2023," analyst Doug Anmuth wrote in a note earlier this week. The firm sees a shift towards eCommerce and cloud computing growth as positive for Amazon, supporting the company's future revenue growth. Booking Holdings , the online travel company, is also on Anmuth's list.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Amazon, Blackstone, Carvana, Netflix & more
▼ + stars: | 2022-11-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley adds Blackstone to the financials' finest list Morgan Stanley added the investment bank and private equity firm to its top pick list and said it sees a compelling entry point. Bank of America downgrades Carvana to neutral from buy Bank of America said it has "liquidity and cash burn concerns." "We are reinstating coverage of XPO with a Neutral rating following a period of restriction. Bank of America reiterates Amazon as buy Bank of America attended Amazon's AWS Re:Invent conference and said Amazon Web Services ecosystem "remains strong." Morgan Stanley reiterates Lowe's as overweight Morgan Stanley said the home improvement retailer is in a "strong fundamental position."

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☆ Here are Monday's biggest analyst calls: Amazon, Apple, DraftKings, Tesla, Live Nation & more
▼ + stars: | 2022-11-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: JPMorgan reiterates Apple as overweight JPMorgan said its survey checks show Apple's iPhone Pro lead times are moderating. JPMorgan names Amazon a top idea heading into 2023 JPMorgan said Amazon is the "most diversified mega-cap across revs & profit & has numerous large growth opportunities." Morgan Stanley downgrades Aptiv to equal weight from overweight Morgan Stanley said in its downgrade of the auto tech supplier that it thinks Aptiv will be affected by a slower rollout of electric vehicles. Morgan Stanley downgrades Williams-Sonoma to underweight from equal weight Morgan Stanley said in its downgrade of Williams-Sonoma that "negative revisions are set to begin." JPMorgan downgrades First Solar to neutral from overweight JPMorgan downgraded the solar stock mainly on valuation.

☆ Morgan Stanley downgrades Williams-Sonoma, says stock could fall another 18% as demand for home furnishings weakens
▼ + stars: | 2022-11-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Expect more downside ahead for Williams-Sonoma 's stock as demand for home furnishings weakens in a difficult macro environment, according to Morgan Stanley. Analyst Simeon Gutman downgraded the stock to underweight from equal weight, saying in a note to clients Monday. The analyst also slashed his price target on the stock to $100 from $150. Going forward, Gutman views a slew of macro-related issues for Williams-Sonoma, expecting home furnishings to decline by 6% to 7%, discretionary spending to fall and deflation to return in 2023. "Though WSM's higher-income customer provides some insulation, in aggregate we think these headwinds mean the category likely declines and comps should turn more sharply negative in '23," he said.

☆ Raymond James downgrades Home Depot, says there are challenges ahead despite solid earnings report
▼ + stars: | 2022-11-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Hold off on Home Depot for now, according to Raymond James. Analyst Bobby Griffin downgraded shares of Home Depot to market perform from outperform, foreseeing challenges next year for the housing sector. Home Depot posted on Tuesday better-than-expected results for the third quarter , while reaffirming its full-year outlook. "[Any] potential decrease in home prices ... could hinder consumer's perceived return on investment in their homes following several years of record spend in the category," Griffin wrote. Still, Griffin said the long-term investment case for Home Depot remains intact, as he expects that the retailer will continue to take market share from here.

☆ Here are Wall Street analysts’ favorite retail stocks as giants such as Target get set to report
▼ + stars: | 2022-11-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Boots seller Boot Barn made the cut, with 83% of analysts covering it giving the stock a buy rating. Target also made the list, with 59% of analysts rating it a buy and an average price target implying upside of about 17%. The retail giant's stock has dropped more than 25% in 2022, but it has rallied 16.8% in the fourth quarter. Seventy-one percent of analysts covering the stock rate it a buy, and the average analyst price target implies upside of 41.4%, FactSet data shows. Nearly 80% of analysts covering the e-commerce giant rate it a buy, with the average price target implying upside of 41.6%.

☆ Here are Thursday's biggest analyst calls: Apple, Tesla, Meta, Alphabet, GM, Walmart, Coinbase & more
▼ + stars: | 2022-11-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: JPMorgan downgrades Roblox to neutral from overweight JPMorgan downgraded the stock after Roblox's earnings report, noting it now sees "modest" sales growth. Bank of America downgrades Silvergate to neutral from buy Bank of America said that Silvergate is losing it's first mover advantage. Bank of America downgrades Upstart to underperform from neutral Bank of America downgraded the consumer lending company and cited a tough macro environment. JPMorgan downgrades Vacasa to neutral from overweight JPMorgan said in its downgrade of the vacation booking company that trends appear soft. Bank of America reiterates Meta as neutral Bank of America said it's encouraged by the new "cost focus" at Meta as the company cuts jobs.

☆ Wells Fargo downgrades Costco, says shares are too expensive given the 'hurdles' ahead
▼ + stars: | 2022-11-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Costco 's stock is too expensive given the headwinds the company faces in the month ahead, according to Wells Fargo. Kelly also sees currency and fuel risks and currency pressures ahead for Costco, which could provide as much as a 5% and 3% headwind to earnings, respectively. Wells Fargo's new price target suggests shares will remain range bound in the near future, having fallen already more than 14% this year. If momentum slows more than anticipated, Kelly estimates a 15% to 20% downside risk to the stock ahead. "In the end, we see more risk to consensus estimates going forward than upside potential, not a good set-up for this name given its valuation."

Delaware-based realtor Claryssa McEnany was helping a client sell a home earlier this year when she witnessed a blatant example of appraisal bias. How appraisal bias affects Black homeownersTesting done by fair housing groups have shown that McEnany's experience isn't uncommon, and that the impacts of appraisal bias can be costly. How does appraisal bias happen? But creating an appraisal report isn't an exact science. What to do if you think you've experienced appraisal discriminationIf you think you've experienced discrimination in the appraisal process, your first step should be to look at the appraisal report.

☆ 4 of our stocks are in the news. Here's the Club's take on each development
▼ + stars: | 2022-11-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +11 min

Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Bausch Health The news: Bausch Health reported third-quarter results before the opening bell Thursday. Given the latter's roughly $4.73 billion market capitalization, Bausch Health's stake is worth approximately $4.2 billion. The reason behind Bausch Health trading consistently below the valuation of its BLCO stake is debt. Secured debt means that Bausch Health has put up assets as collateral, meaning in the event of default the lenders take ownership of the collateralized assets.

☆ Starbucks delivered solid quarter and guidance, imagine when China fully reopens
▼ + stars: | 2022-11-03 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Estimates were for 4% global growth and 8% in the U.S. China sales dropped 16%. The Q4 operating profit margin contracted to 12.2% from 19.7% in the year ago period due largely to China store closures. Guidance No surprises here, as we mentioned earlier, with management reaffirming the full-year fiscal 2023 guidance provided at the company's Investor Day in September. A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California.

To buy a house, you should first team up with a trustworthy real estate agent and make sure your credit is in good shape. In most cases if you plan to get a mortgage, you need a loan pre-approval in hand before you can start looking at houses. Your monthly mortgage payment will remain the same until you pay back the loan, unless you refinance. Purchase homeowner's insurance for the propertyIf the property is being financed, you will need to purchase homeowner's insurance before closing. Do a final walk-throughOnce the mortgage is obtained, the lawyers will set a date for a final walkthrough and a closing.

☆ Despite 'not fully positive results,' Evercore ISI still thinks Airbnb is one of the best fundamental stories
▼ + stars: | 2022-11-02 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

There are still several reasons to own Airbnb 's stock despite its latest quarterly numbers, according to Evercore ISI. Analyst Mark Mahaney reiterated the stock as an outperform with a price target of $150, which implies a 37.7% upside. Airbnb dropped 5% in premarket trading after the company reported "not fully positive results," though he said the travel platform's performance was "more of an Expectations Correction than a Fundamentals Correction." He also pointed to the 15% supply growth disclosure which countered arguments that supply has peaked, which would in turn stunt growth. Revenue growth, in turn, is expected to slow down to 20% in 2023 from 39% in 2022.

☆ Energy shares shine again on Wall Street, lifted by earnings
▼ + stars: | 2022-10-31 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

A standout all year, the S&P 500 energy sector (.SPNY) is up 26% in October alone, against an 8% rise for the overall S&P 500 (.SPX). Overall S&P 500 earnings are expected to have climbed just 4%. Indeed, excluding energy's contribution, S&P 500 earnings are set to have declined 3.5% in the quarter, according to IBES. Energy companies are benefiting from rising oil and gas prices, with U.S. crude prices up 16% so far this year. Indeed, energy sector earnings are expected to decline 11.5% in 2023, according to IBES data.

☆ Here are Thursday's biggest analyst calls: Apple, Boeing, AMC, Meta, Amazon, Tesla, Ferrari & more
▼ + stars: | 2022-10-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Thursday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said it sees "upside to consensus" heading into Apple earnings on Thursday. Morgan Stanley downgrades Meta to equal weight from overweight Morgan Stanley said in its downgrade of Meta after its earnings report on Wednesday that it sees "execution uncertainty and lower free cash flow." Goldman Sachs reiterates Boeing as buy Goldman said it sees "a lot upside" in shares of Boeing. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said in a note to clients on Thursday that it think internal combustible engines will be around longer than investors think. Bank of America reiterates Ford as buy Bank of America said it likes the automaker's execution after its third-quarter earnings report on Wednesday. "

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