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These companies are expected to benefit from lower interest rates over the long haul, according to analysts. They include Western Alliance , Best Buy, Coca-Cola, Zillow , UPS and FedEx. The analyst said he sees Best Buy as a key beneficiary of lower interest rates in several ways. He noted that Best Buy continues to be a worthy competitor to e-commerce juggernaut Amazon, pointing to a recent pricing study the firm conducted. Meanwhile, Best Buy shares remain undervalued compared to those of its peers in the sector, Chukumba added.
Persons: Zillow, Jay McCanless, McCanless, Wells, Chris Carey, Carey, Coke bottlers, Morgan Stanley, Anthony Chukumba, Chukumba, FedEx — Goldman Sachs, — D.A, Davidson Organizations: Federal, CNBC, Western Alliance, UPS, FedEx, Software,
Wedbush's McCanless on targets for the housing sector in 2025
  + stars: | 2024-09-19 | 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 EmailWedbush's McCanless on targets for the housing sector in 2025Jay McCanless, Wedbush SVP of equity research, joins 'Closing Bell' to discuss where industry-wide homebuilding volume will go from here, homebuilder stock performance, and much more.
Persons: Jay McCanless Locations: Wedbush
A crash site rediscoveredIn 2016, the agency received a tip the crash site had been rediscovered on farmland in Normandy. D-Day was 80 years ago and the remains of missing service members continue to be uncovered. The results are then compared to a DNA sample from the missing service member’s medical file. In 2009, Stouffer heard about other missing service members being accounted for and reached out to the agency to offer his DNA samples for analysis. Defense Visual Information Distribution ServicePhotos of the three missing airmen were stationed at the dig site, providing what the team calls intrinsic motivation along their search.
Persons: Jake Tapper, , William Donohue, David Madson, Albert Brooks, SSgt David Madson, Eric Klinek, Franklin D, Roosevelt, Klinek, , Donohue, Madson, Brooks, Major McKinley McCanless, Samuel Williams Jr, ” Capt, Brian Foxworth, ” Foxworth, ” Crews, Foxworth, Sergeant Raul Castillo, Castillo, Carrie Brown, you’re, ” Brown, Brown, “ You’ve, Paul Stouffer, William McGowan, McGowan, Stouffer, ” Stouffer Organizations: CNN, Chief Washington, Democracy, Airborne, Defense POW, Agency, Department of Defense, 304th Troop Carrier Squadron, 442nd Troop Carrier Group, 50th Troop Carrier, Waco Army Airfield, Army Air Forces, Allied Forces, 101st, Information Distribution Service Paratroopers, DC, Utah, United Kingdom . Defense, Information, Offutt Air Force Base, Armed Forces Medical, Dover Air Force Base, Registration, United States Military, Air Force Locations: Normandy, France, Europe, German, Nazi Germany, England, United Kingdom, Nebraska, Delaware, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe likelihood of mortgage rates going down is pretty low, says Wedbush's Jay McCanlessJay McCanless, Wedbush housing analyst, joins 'Squawk on the Street' to discuss the analyst's concerns with some housing stocks, where the analyst has buy ratings in the housing sector, and more.
Persons: Wedbush's Jay McCanless Jay McCanless
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDrop in home price appreciation leading to negative home equity: Wedbush's Jay McCanlessJay McCanless, Wedbush housing analyst, joins 'Squawk on the Street' to discuss how the 'purchase-centric' housing market will play out, whether changing yields move the demand for mortgages, and more.
Persons: Wedbush's Jay McCanless Jay McCanless
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