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3-Stock Lunch: Home Depot, Honeywell, & Tyson Foods
  + stars: | 2024-11-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Home Depot, Honeywell, & Tyson FoodsMichael Landsberg, Landsberg Bennett Private Wealth CIO, joins CNBC's 'Power Lunch' to discuss outlooks on three stocks: Home Depot, Honeywell, and Tyson Foods.
Persons: Tyson, Tyson Foods Michael Landsberg, Landsberg Bennett Organizations: Honeywell, Tyson Foods Locations: Landsberg
Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.
Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDiversify portfolios outside of the U.S. to take advantage of strong growth, says Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth Management, joins 'The Exchange' to discuss investment opportunities abroad, why investors should trust there's room for growth in India and Japan, and much more.
Persons: Michael Landsberg Michael Landsberg, Landsberg Bennett Organizations: Wealth Management Locations: U.S, Landsberg, India, Japan
U.S. interest rate cuts are unlikely to move at an aggressive pace, say market watchers. The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut in September — but subsequent ones will be milder, they said. They highlighted the better-than-expected September jobs report, renewed worries around inflation, rising yields and an economy that's still relatively strong. How to position In that scenario — and with inflation expected to continue being sticky, it's important that investors still have exposure to commodities, said Landsberg. Christopher of Wells Fargo said if interest rates moderate and earnings are stronger than expected, market performance will broaden out further.
Persons: , Paul Christopher, CNBC's, Adam Coons, Michael Landsberg, Landsberg Bennett, Landsberg, Christopher, Wells Fargo, Luis Alvarado, Alvarado Organizations: Fed, Wells, Wells Fargo Investment Institute, Winthrop Capital Management, Wealth Management Locations: Wells Fargo, U.S
3-Stock Lunch: Wynn Resorts, & Meituan
  + stars: | 2024-09-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Wynn Resorts, & MeituanMichael Landsberg, CIO of Landsberg Bennett Private Wealth, joins CNBC's 'Power Lunch' to discuss three stocks: Wynn Resorts, Hermes, and Meituan.
Persons: Wynn, Meituan Michael Landsberg, Bennett Organizations: Wynn Resorts, Wealth, Hermes
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market has backed the Fed into a corner, says Michael LandsbergMichael Landsberg, CIO at Landsberg Bennett Private Wealth Management, joins CNBC's 'The Exchange' to discuss why he thinks the Fed shouldn't cut rates by 50 basis-points, why stocks are having mixed reactions to macro data, and more.
Persons: Michael Landsberg Michael Landsberg Organizations: Bennett, Wealth Management
Numerous videos posted on social media show the turboprop ATR 72 in an apparent flat spin as it spiraled toward the ground with no visible forward movement. “As we progress through the investigation, things will start to solidify.”A crash in 1994The French-Italian ATR 72 has “checkered record” Goelz said. The ATR 72 utilizes deicing “boots,” designed to expand and physically break apart ice that accumulates on wings. “A jet likely would not have been at that altitude.”Following reports of Friday’s crash, ATR said it was aware of an accident and is working to support investigators. “Aviation safety doesn’t lend itself to quick answers.”
Persons: Friday’s, , Peter Goelz, Bruce Landsberg, Goelz, , Landsberg Organizations: CNN, National Transportation, Federal Aviation Administration, NTSB, Eagle, , “ Aviation Locations: Brazil, Cascavel, Brazil’s, Paraguay, São Paulo, FlightAware, Vinhedo, , Roselawn , Indiana, United States, France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI bubble hasn't popped and deceleration is from rapid growth, says Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth CIO, joins 'The Exchange to discuss AI outlooks, what's behind the current pullback, and more.
Persons: Michael Landsberg Michael Landsberg, Landsberg Bennett Locations: Landsberg
Now, the attempted assassination of former President Donald Trump has injected even more uncertainty into the US political landscape. 3 trades for political riskFirst, cash remains king. Within the financial sector, Landsberg recommends that investors allocate part of their portfolio to insurance companies, which can benefit from inflation by raising premiums. While concentration isn't always a cause of concern, increased volatility due to political turbulence can lead market conditions to change quickly. Don't try to predict the FedOverall, Landsberg cautions investors against trying to time the market and predict the Fed's next move.
Persons: Donald Trump, Michael Landsberg, Landsberg Bennett, Landsberg, It's, Banks, Goldman Sachs, Wells, — Landsberg, Powell Organizations: Service, Wealth Management, Forbes, Business, JPMorgan, Citigroup, Wells Fargo, Big Tech Locations: India, Japan
Though CIO Michael Landsberg of Landsberg Bennett Private Wealth Management says the conditions don't justify a cut, he says there might be one. "I think if Chairman Powell had not said, we're gonna get a rate cut, we wouldn't be having these discussions because earnings growth has been really strong. Against that backdrop, Landsberg says, investors should focus on companies generating strong earnings growth. "The major indices are continuing to rally based on strong earnings growth. Earnings growth is the name of the game for this stock market right now," he said in additional notes to CNBC.
Persons: Michael Landsberg, Landsberg Bennett, Powell, we're, CNBC's, he's, Landsberg, They've, Stryker Organizations: U.S . Federal, Wealth Management, Fed, West Texas, CNBC, Trade Locations: Landsberg, China, U.S
Three-Stock Lunch: Tidewater, Progressive & CRH PLC
  + stars: | 2024-06-20 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Tidewater, Progressive & CRH PLCMichael Landsberg, CIO of Landsberg Bennett Private Wealth Management, joins 'Power Lunch' to discuss stock plays for three companies: Tidewater, Progressive, and CRH PLC.
Persons: Michael Landsberg, Bennett Organizations: CRH, Wealth Management, CRH PLC Locations: Tidewater
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors shouldn't rule out possible rate hike, says Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth CIO; Aditya Bhave, Bank of America Securities senior U.S. economist; and CNBC Steve’s Liesman join 'The Exchange' to discuss the potential for Fed policy moves, macro data, and more.
Persons: Michael Landsberg Michael Landsberg, Landsberg Bennett, Aditya Bhave, CNBC Steve’s Liesman Organizations: Bank of America Securities, CNBC Steve’s Locations: Landsberg
Read previewMichael Hartnett, Bank of America's top global strategist, thinks a no-landing scenario is the most-likely outcome for the US economy in the months ahead. That means the labor market would remain strong, but inflation would also stay above the Federal Reserve's long-term goal of 2%. While that's fine for now, Hartnett warns it's a path that eventually leads to trouble for the economy and stocks. "We say rising no landing risks = rising hard landing risks," Hartnett said in an April 11 note. The fund's price dipped below its 200-day moving average in 2020 and 2022, when the economy slowed and stocks underperformed.
Persons: , Michael Hartnett, Hartnett, it's, Michael Landsberg Organizations: Service, Bank of America's, Business, Consumer, Bank of America, Landsberg Bennett, Wealth Management, Fed Locations: REITs, Ukraine
Investors had hoped that corporate earnings would help revive the stalled rally, but a strong start to the season hasn’t been enough to excite investors. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. The Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot inflation readings are keeping the Fed on hold. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year.
Persons: , hasn’t, Jerome Powell, , , Michael Landsberg, Pierre, Olivier Gourinchas, Israel, Brent, Bryan Mena, Freddie Mac, Sam Khater, Freddie Mac’s, Read, Anna Cooban, Tim Cook, Pham Minh Chinh, Cook, Apple “ Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Federal Reserve, Data, Employers, Fed, Landsberg Bennett, Wealth Management, Monetary Fund, Treasury, Investors, CNN, Federal, China Apple, Vietnamese, Apple Locations: New York, East, Iran, Israel, Syria, Vietnam, China, Hanoi, Beijing
Stock futures were little changed in overnight trading Thursday as the S&P 500 heads for its worst week in almost six months. S&P 500 futures and Nasdaq 100 futures were both flat. The S&P 500 has fallen for five sessions in a row, bringing its week-to-date losses to 2.2%. It would be the large-cap benchmark's third straight negative week and its biggest losing week since Oct. 27, 2023. The S&P 500 is now 4.8% off its 52-week high.
Persons: Neel Kashkari, who's, Michael Landsberg Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Netflix, Minneapolis, Fox News, Landsberg Bennett, Wealth Management, Dow, Companies, Procter, Gamble, American Express
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should take money out of Tesla and Apple: Michael LandsbergMichael Landsberg, CIO at Landsberg Bennett Private Wealth Management, joins CNBC's 'The Exchange' to break down his outlook on how the market will respond to earnings, value picks, and more.
Persons: Michael Landsberg Michael Landsberg Organizations: Apple, Bennett, Wealth Management
Michael Landsberg on his top stock picks: SNPS, ORLY, AXON, RHMB
  + stars: | 2024-03-25 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichael Landsberg on his top stock picks: SNPS, ORLY, AXON, RHMBMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Monday.
Persons: Michael Landsberg, RHMB Michael Landsberg, Landsberg Bennett Organizations: Wealth Management Locations: ORLY, Landsberg
In the last 15 months, Wall Street analysts have hailed generative AI as the most impactful innovation in decades and compared its theoretical impact to that of the internet. While the full impact of AI isn't clear yet, companies are under immense pressure to convince investors that they're not falling behind. "We can't envision any of these large cloud companies or consumer companies pulling back on AI spending anytime soon," Colello said. UBS"This is not always a harbinger of slowing revenue growth and a concentrated H200/B100 launch could be adding to near-term opex," Arcuri wrote in a recent note. AdvertisementDespite what Nvidia's recent performance suggests, Wall Street is notoriously tough to please.
Persons: , Morgan Stanley, Steve Sosnick, Wedbush's Dan Ives, who's, Marcelli, they're, Sosnick, Brian Colello, Colello, They're, we're, Vivek Arya, Arya, Michael Landsberg, Landsberg, Jason Draho, Draho, Timothy Arcuri, Arcuri Organizations: Service, Wall Street, Business, Nvidia, Interactive, Bulls, Bank of America, Wedbush Securities, UBS, UBS Global Wealth Management, Morningstar, Landsberg Bennett, Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinding opportunity beyond Magnificent 7: Here's what you need to knowMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, and CNBC's Steve Liesman join 'The Exchange' to discuss earnings from Nvidia and Palo Alto Networks, the overall market's performance relative to AI stocks and more.
Persons: Michael Landsberg, Landsberg Bennett, Steve Liesman Organizations: Wealth Management, Nvidia, Palo Alto Networks Locations: Landsberg
Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.
Persons: , Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg
Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.
Persons: , Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg
Three-Stock Lunch: Affirm, Kraft Heinz and Pinterest
  + stars: | 2023-11-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Affirm, Kraft Heinz and PinterestMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss three stocks- Affirm, Kraft Heinz and Pinterest.
Persons: Kraft Heinz, Pinterest Michael Landsberg, Landsberg Bennett, Pinterest Organizations: Wealth Management Locations: Landsberg
Advantages to opening multiple savings accountsOne benefit of opening multiple savings accounts is that you can save money for specific goals. Traditional savings accounts at a brick-and-mortar bank typically offer lower savings account interest rates than high-yield savings accounts at online banks. Disadvantages to opening multiple savings accountsOpening up multiple savings accounts also comes with several potential disadvantages. Tips for managing multiple savings accountsIf you decide to open multiple savings accounts, here are some tips for managing them:Keep track of your accounts. Multiple savings accounts: FAQsIs it OK to have multiple savings accounts?
Persons: Mike Landsberg, Homrich, it's, Jaime Eckels, Plante, Roth IRAs, Eckels, who's, Landsberg, Banks, Get Organizations: CPA, CFP, CPWA, Homrich Berg Wealth Management, Financial, FDIC, SEC, Bank Locations: Landsberg, Chevron
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExxon Mobil agrees to buy Pioneer for nearly $60 billion. Here's what the pros have to sayJim Cramer, Joe Terranova of Virtus Investment Partners and Michael Landsberg of Landsberg Bennett Private Wealth Management discussed Exxon Mobil after the company agreed to buy Pioneer Natural Resources.
Persons: Jim Cramer, Joe Terranova, Michael Landsberg, Landsberg Bennett Organizations: Exxon Mobil, Virtus Investment Partners, Wealth Management, Natural Resources Locations: Landsberg
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is the best place to be for AI, says Landsberg Bennett Private's Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss rebalancing as stocks rebound from August lows.
Persons: Landsberg Bennett Private's Michael Landsberg Michael Landsberg, Landsberg Bennett Organizations: Nvidia, Wealth Management Locations: Landsberg
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