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As Dave Bozeman takes the stage at his first investor day as CEO of C.H. Robinson , he'll have to contend with a freight recession, the threat of higher tariffs and the turnaround of a century-old logistics giant. Trump has said he'll impose 60% tariffs on goods from China and 25% tariffs on goods from Mexico and Canada. Either way we're still going to move that freight," Bozeman said. "But I do think that their business is diversified enough that they can work through tariffs."
Persons: Dave Bozeman, Robinson, he'll, Bozeman, Donald Trump's, Trump, Ari Rosa, Rosa Organizations: CNBC, U.S, China -, Citi Locations: China, Mexico, Canada, China - U.S, C.H, Bozeman
Certain names will surprise to the upside in 2023, according to Credit Suisse, in what's expected to be another volatile year for the stock market. Credit Suisse predicts Carnival will see upside to estimates for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2023 and 2024. Carnival has 47% upside to Credit Suisse's $16 price target, as of Wednesday's close. CCL mountain 2020-01-26 Carnival's performance since late January, 2020 Meanwhile, FedEx had a challenging 2022 but could rally nearly 27%, according to Credit Suisse's $238 price target. Nvidia shares have more than 8% upside to Credit Suisse's $210 price target.
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