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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles SchwabMike Nicolas, Oakmark Funds portfolio manager, joins 'Money Movers' to discuss how Oakmark views the financials sector, how much of the financials strength is due to capital markets, and the deal between Capital One and Discover.
Persons: Mike Nicolas, Charles Schwab Mike Nicolas Organizations: Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuation triggered our decision to sell Netflix's stock, says Oakmark's Mike NicolasMike Nicolas, Oakmark portfolio manager, joins 'Squawk on the Street' to discuss the reshuffling of his portfolio, the hunt for traditional value, what triggered the sale of Netflix stock, and more.
Persons: Mike Nicolas Mike Nicolas Organizations: Netflix
After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.
Watch CNBC's full interview with Oakmark's Mike Nicolas
  + stars: | 2023-02-15 | 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 EmailWatch CNBC's full interview with Oakmark's Mike NicolasMike Nicolas, Oakmark Portfolio Manager joins 'Squawk on the Street' to break own why KKR & Co. is a big part of his portfolio and stocks in the tech space he is interested in.
KKR & Co. is extremely well managed, says Oakmark's Mike Nicolas
  + stars: | 2023-02-15 | 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 EmailKKR & Co. is extremely well managed, says Oakmark's Mike NicolasMike Nicolas, Oakmark Portfolio Manager joins 'Squawk on the Street' to break own why KKR & Co. is a big part of his portfolio and stocks in the tech space he is interested in.
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