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☆ Stocks the most at risk from tariffs and other ways to play the election, per Wolfe Research
▼ + stars: | 2024-10-24 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Against this backdrop, Wolfe Research released a basket of stocks that might be impaired under a Trump presidency. These companies would be at risk either under a 10% universal duty or 60% China tariffs. Beauty and cosmetics manufacturer Estée Lauder , down about 40% this year, could also face repercussions under a Trump win. Analyst Angel Castillo's revised price target of $332, down from $349, is approximately 14% lower than where shares closed on Wednesday. Other than these stocks sensitive to tariffs, Wolfe Research also suggested a few other ways to play the election.

Persons: Donald Trump, Wolfe, Trump, Estée Lauder, Rambourg, Morgan Stanley, Angel, Goldman Sachs, Patterson, Kamala Harris, Wolfe's Organizations: Republican, Wolfe Research, Democratic, Eagle Outfitters, Eagle, Bank of America, Trump, HSBC, Caterpillar, UTI Energy, NextEra Energy, Centene, AES Corp Locations: China, Greater China

☆ Morgan Stanley names this derivative play on the big AI data center buildout a top stock pick
▼ + stars: | 2024-08-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Cummins should see more earnings upside as data center demand for backup power supplies remains strong, according to Morgan Stanley. Analysts led by Angel Castillo named Columbus, Indiana-based Cummins a top pick and reiterated an overweight investment rating. Castillo also raised his price target by $2 to $341, implying 16% upside from Friday's close. The analyst said data center-related growth was once thought of as immaterial to total sales for companies like Cummins and Caterpillar . On top of data centers, Morgan Stanley also pointed to an improved view on the North American truck business cycle due to emission regulations and Cummin's productivity initiatives.

Persons: Cummins, Morgan Stanley, Angel Castillo, Castillo, Morgan Stanley's Organizations: Cummins, Caterpillar, CMI Locations: Columbus , Indiana, American

☆ Sanders’ Latinx ban delves into a generational, cultural Latino debate
▼ + stars: | 2023-01-23 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

— One of Sarah Huckabee Sanders’ first acts as Arkansas governor was to ban most state agencies from using the gender-neutral term Latinx, tapping into a debate that’s divided Hispanics along generational lines. Sanders’ order adds to the debate over a word that’s found little widespread support among Latinos and even prompted backlash from some Democrats. The Log Cabin Republicans, which represents LGBT members of the party, praised Sanders’ order. I’ve never met someone who says ‘thy.’”Hernandez called Sanders’ order “an attempt to erase” the LGBTQ Latino community. Castillo Reyes uses both Latinx and “Latine,” another gender-neutral term that’s been used by some in the Latino community to describe their ethnic identity.

☆ Morgan Stanley says these attractive stocks have the best risk-reward for 2023
▼ + stars: | 2023-01-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

They include Dick's Sporting Goods, Verizon , Alibaba, Constellation Brands and Sealed Air. Dick's Sporting Goods It's been an "Olympic transformation" for the sporting goods retailer, according to analyst Simeon Gutman. Dick's Sporting Goods made pre-pandemic structural changes that leaves the company with a "faster-growing & more profitable business," Gutman added. Meanwhile, he said the retailer's customers have gotten wealthier and the sporting goods category has room for growth. Sealed Air The maker of bubble wrap and other packaging products is firing on all cylinders, according to analyst Angel Castillo and his team.

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