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☆ 'Too cheap to ignore': Buy this under-the-radar global bank with a 9% yield, analyst says
▼ + stars: | 2024-07-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of Nordea Bank , the Finnish lender, have been labeled "too cheap to ignore" by investment bank Berenberg. Net interest income – earned through the differences in rates offered to savers and borrowers — grew 7% year-on-year to 3.86 billion euros. "Trading on only 7.5x our [financial year] 2025 earnings — an 8% premium to the sector — we think Nordea is too cheap to ignore. However, the Berenberg analyst believes that Nordea's net interest income is relatively resilient, noting that "the market still underappreciates Nordea's [net interest income] stability, in our view, which contrasts favourably to that of more rate-sensitive Nordic peers." The analyst also said that recent challenges, including a slight miss on second-quarter net interest income expectations or a modest cost increase, should not deter investors.

Persons: —, Frank Vang, Jensen, Hugh Moorhead, Banks, Moorhead Organizations: Nordea Bank, Moorhead Locations: Helsinki, Finland, Sweden, Norway, Denmark, U.S, Germany, Italy, Switzerland, Moorhead

☆ Trump Tower is coming to Saudi Arabia
▼ + stars: | 2024-07-01 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —The Trump Organization revealed plans Monday to develop a luxury Trump Tower in Saudi Arabia. If completed, it appears the Jeddah tower would be the Trump Organization’s first major project in Saudi Arabia. Dar Global said the project will target the “luxury Saudi Arabian market and international investors.”The new project in Saudi Arabia comes just days after the Trump Organization and Dar Global unveiled a $500 million Trump International hotel complex in Oman. The Trump Organization’s new projects in the Middle East could raise concerns about potential conflicts of interest should former President Donald Trump return to the White House. The family business is run by his sons Donald Trump Jr. and Eric Trump.

Persons: Dar, Arkan, Eric Trump, Donald Trump, Dar Global, Dar Al Arkan, Trump, ” Donald K, Sherman, ” Sherman, ”, Donald Trump Jr Organizations: New, New York CNN, The Trump Organization, Trump, Dar Global, Trump Organization, Dar, Trump International, The Trump, Citizens, Responsibility, Washington, CNN Locations: New York, Saudi Arabia, Jeddah, Saudi, Oman

☆ Trump Organization Signs Up to Put Its Brand on a New Saudi Tower
▼ + stars: | 2024-07-01 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

The Trump Organization has signed a new deal with a Saudi real estate company to build a residential high-rise tower in the city of Jeddah, extending the family’s close ties with the kingdom. Saudi Arabia has become one of the few reliable sources of growth for the Trump family’s business operations, as new real estate deals in the United States have slowed or stopped since the Jan. 6, 2021, assault on the Capitol and since former President Donald J. Trump left the White House. This new deal is like other international projects the Trump family has signed over the past decade. Other projects include a resort complex in Oman and Saudi-backed golf tournaments at Trump courses in recent years. “We are delighted to strengthen our ongoing relationship with the Trump Organization and expand our portfolio by delivering premium properties to redefine Saudi Arabia’s high-growth real estate market,” Ziad El Chaar, the chief executive of the real estate firm, Dar Global, said in a statement Monday.

Persons: Donald J, Trump, ” Ziad El Chaar Organizations: Trump Organization, Trump, Capitol, White, Saudi, Dar Global Locations: Saudi, Jeddah, Saudi Arabia, United States, Oman

☆ Another analyst is saying 'all AI roads' lead to this under-the-radar global chip stock
▼ + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The boom in demand for artificial intelligence leads back to this global chip supplier, according to Susquehanna. Analyst Mehdi Hosseini upped his estimates on the semiconductor manufacturer Taiwan Semiconductor Manufacturing as wafer average selling prices improve, saying that "all AI roads originate from TSM." The firm joins JPMorgan in asserting that "all AI roads" lead to the global chipmaker. Taiwan Semiconductor is coming off a strong start to 2024. Taiwan Semiconductor, a supplier to chip giants such as Nvidia , Advanced Micro Devices and Qualcomm , could rally another 27% based on the firm's $180 price target.

Persons: Mehdi Hosseini, TSM Organizations: Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, JPMorgan, Susquehanna, Semiconductor, Nvidia, Devices, Qualcomm Locations: Susquehanna, TSM, U.S

☆ Fund manager reveals the under-the-radar global automation stock he prefers to its U.S. rivals
▼ + stars: | 2023-11-21 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

But for those investors who fear they might have missed the boat, portfolio manager Karen Kharmandarian has an under-the-radar global tech pick. "This company would be one we would prefer to U.S. companies when it comes to machine vision systems," Kharmandarian, senior portfolio manager at Thematics Asset Management, told CNBC Pro on Nov. 8. Machine vision systems use cameras and other technology to help automate inspections at manufacturing facilities. Keyence's counterparts in the U.S. include Cognex and Zebra Technologies , which both manufacture machine vision systems and related technologies. 6861.T-JP YTD mountain Year-to-date shares in Keyence Year-to-date, shares in Keyence were up around 22% to 62,280 Japanese Yen ($418.95) on Nov. 20.

Persons: It's, Karen Kharmandarian, Kharmandarian, Keyence, Jason Kondo, Kondo — Organizations: Big Tech, U.S, Nvidia, Meta, Thematics Asset Management, CNBC Pro, Zebra Technologies, Thematics, Robotics Fund, Morningstar Locations: U.S, Covid, Keyence

☆ Goldman names under-the-radar global stocks to buy — and says one could soar 80%
▼ + stars: | 2023-07-11 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Goldman Sachs has named several European stocks to buy that it expects to outperform the market — and that other investors could be missing. The list includes Norwegian hydrogen producer Nel , which Goldman says has potential upside of 80% to its 12-month price target. Analyst Michele Della Vigna likes the stock for its strong growth outlook and focus on the North American market. Goldman also picked wind power company Vestas , saying its stock could rise by 48% over the next year. It also chose chemicals company IMCD , with 57% potential upside, and drinks company Remy Cointreau , with 54% potential upside.

Persons: Goldman Sachs, John Sawtell, Goldman, Nel, Michele Della Vigna, Ajay Patel, Remy Cointreau, Elisa, — CNBC's Michael Bloom Organizations: ABN Amro, Veritas Locations: Norwegian, Finnish

☆ Bank of America expects this under-the-radar global EV charging stock to soar 118%
▼ + stars: | 2023-04-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of U.K.-listed electric charging infrastructure firm Pod Point are expected to surge by 118% over the next 12 months, according to Bank of America. The investment bank increased its price target and predicted shares of the company would rise to £1.74 in a note on April 11. Bank of America expects the recent rise in the number of EVs in the U.K. to bolster demand for charging infrastructure and benefit the London-listed stock's bottom line. Pod Point, with a market cap of £120 million ($150 million), manufactures its EV chargers and provides customers in the U.K. and Norway access to its electricity network. BofA also said the discounted valuation for Pod Point shares is "unjustified" given the company's growth.

☆ Analysts expect this under-the-radar global carbon capture stock to soar by up to 65%
▼ + stars: | 2023-01-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Shares of Norway-based Aker Carbon Capture could rise by 65%, according to analysts, as demand increases for emissions reduction technology. Aker Carbon Capture builds carbon capture and storage (CCS) plants in an effort to lower emissions from industrial cement and steelmaking plants. The company's latest innovation, revealed last week, would cut the energy needed to capture carbon and improve the company's profitability in the future, according to analysts at Berenberg. Berenberg analysts said Aker's stock could also move following an expected announcement from the U.K. to build carbon capture plants. Aker Carbon Capture's ADRs are also traded on the OTC markets in the U.S.

☆ Goldman Sachs reveals 7 under-the-radar global stocks to buy this year
▼ + stars: | 2023-01-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Many under-the-radar stocks are key to a green energy transition, according to Goldman Sachs — and it expects them to take off in 2023. The Wall Street bank said investor focus on large renewable energy and energy efficiency stocks in previous years means that companies further down the supply chain have been overlooked. Despite much talk of a transition away from burning highly polluting energy sources, the world's fossil fuel dependency continues . However, Goldman said there was a "growing urgency to accomplish key Sustainable Development goals," given the pressure on energy supplies following Russia's invasion of Ukraine. Shares of ASML are expected to rise the most by 29.3% to 700 euros ($742), the data shows.

☆ Shares of this under-the-radar global miner are set to rally 50%, analyst says
▼ + stars: | 2022-12-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares in Sylvania Platinum , a little-known London-listed miner, are set to rise by 50%, according to Ben Davis, mining analyst at Liberum Capital. The company, which extracts metals such as platinum, palladium, and chrome, also offers an 8% dividend yield. Shares in the company were trading around £1 ($1.21) Friday, but Davis sees them hitting £1.50 in 12 months. Sylvania Platinum is also favored by Neil Shah, director at the investment research group Edison Group. The metals the company extracts are bought by both investors and industrial customers, which means their prices are more resilient than other commodities during economic downturns.

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