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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow global markets are reacting to the U.S. presidential electionTim Seymour, Seymour Asset Management chief investment officer, and Gunjan Banerjee, Wall Street Journal lead writer, discuss how the markets are reacting to the U.S. presidential election.
Persons: Tim Seymour, Gunjan Banerjee Organizations: U.S, Seymour Asset Management, Wall, Journal
Earnings Exchange: AMD, Visa, & Alphabet
  + stars: | 2024-10-29 | 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 EmailEarnings Exchange: AMD, Visa, & AlphabetTim Seymour, Seymour Asset Management CIO, joins CNBC's 'The Exchange' to discuss three stocks: AMD, Visa, and Alphabet.
Persons: Tim Seymour Organizations: AMD, Visa, Seymour, Management
Nike on deck to report earnings
  + stars: | 2024-09-27 | 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 EmailNike on deck to report earningsSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Nike as the company prepares to report its earnings next week.
Persons: Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Nike, Grasso Global, Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI am feeling a 'little more optimistic' on the consumer sector, says Kayne Anderson's Julie BielSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss markets, their October expectations, and more.
Persons: Kayne, Julie Biel Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Grasso Global, Asset Management
Tesla jumps ahead of Q3 deliveries
  + stars: | 2024-09-27 | 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 EmailTesla jumps ahead of Q3 deliveriesSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Tesla as the electric car maker is expected to report Q3 deliveries next week.
Persons: Tesla, Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Grasso Global, Asset Management
Three Buys and a Bail: Nike, Boeing, Starbucks, and 3M
  + stars: | 2024-09-23 | 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 Buys and a Bail: Nike, Boeing, Starbucks, and 3MTim Seymour, Seymour Asset Management founder and CIO, joins 'The Exchange' to discuss these stocks: Nike, Boeing, Starbucks, 3M.
Persons: Tim Seymour Organizations: Nike, Boeing, Starbucks, Seymour Asset Management
Here's why Tim Seymour is not bullish on Micron
  + stars: | 2024-06-26 | 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 EmailHere's why Tim Seymour is not bullish on MicronTim Seymour, Seymour Asset Management founder and CIO, joins 'The Exchange' to discuss how to trade Micron Technology, Levi's, and McCormick.
Persons: Tim Seymour, Micron Tim Seymour, McCormick Organizations: Micron, Seymour Asset Management, Micron Technology
How to play Mexico's election
  + stars: | 2024-06-03 | 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 EmailHow to play Mexico's electionTim Seymour, CIO of Seymour Asset Management, joins CNBC's 'The Exchange' to discuss the Mexican election, global opportunities, and more.
Persons: Tim Seymour Organizations: Seymour Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Seymour Asset Management Founder Tim SeymourTim Seymour, founder and CIO of Seymour Asset Management, joins 'The Exchange' to discuss capital flight in China, a dip in the yuan's value, and property market collapse concerns in China.
Persons: Tim Seymour Tim Seymour Organizations: Seymour Asset, Seymour Asset Management Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBad debt in China's property market is weighing on its currency, says Seymour Asset Management CIOTim Seymour, founder and CIO of Seymour Asset Management, joins 'The Exchange' to discuss capital flight in China, a dip in the yuan's value, and property market collapse concerns in China.
Persons: Tim Seymour Organizations: Seymour Asset Management Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelinquencies for commercial office spaces are going to rise, says Marcus & Millichap CEOHessam Nadji, president and CEO of Marcus & Millichap, and Tim Seymour, Seymour Asset Management CIO, join 'Power Lunch' to discuss a pullback in commercial real estate for offices, concerns about older property loans reaching maturity, and individual bank issues around lending.
Persons: Marcus, Hessam Nadji, Millichap, Tim Seymour Organizations: Seymour, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. is propelling markets much like the dot com bubble did, says Contrast Capital's Ron InsanaRon Insana, Contrast Capital partners co-CEO, and Tim Seymour, Seymour Asset Management CIO, join 'Power Lunch' to discuss the possibility of an A.I. bubble, which equities are getting a boost from A.I. momentum, and the fundamental justification for stocks reaching new highs.
Persons: Ron Insana Ron Insana, Tim Seymour Organizations: Capital, Seymour, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is the first dual bear market in stocks and bonds in history: State Streets' Michael AroneMichael Arone, State Street Global Advisors chief investment strategist, and Tim Seymour, Seymour Asset Management CIO, join 'Power Lunch' to discuss the dual bear market in stocks and bonds, investing in value and small-cap stocks, and concerning macroeconomic conditions.
Persons: Michael Arone Michael Arone, Tim Seymour Organizations: Street Global Advisors, Seymour, Management
Soaring beef prices are hurting restaurant's bottom line
  + stars: | 2023-06-09 | 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 EmailSoaring beef prices are hurting restaurant's bottom linePeter Galbo, research analyst at Bank of America, Tim Seymour, Seymour Asset Management CIO, and Laura Rea Dickey, CEO of Dickey's Barbecue, join 'Power Lunch' to discuss the impact of food inflation on restaurants, passing along rising prices to the consumer, and the expected timeline for soaring beef prices.
Persons: Peter Galbo, Tim Seymour, Laura Rea Dickey Organizations: Bank of America, Seymour, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Laura Rea Dickey, Peter Galbo and Tim SeymourPeter Galbo, research analyst at Bank of America, Tim Seymour, Seymour Asset Management CIO, and Laura Rea Dickey, CEO of Dickey's Barbecue, join 'Power Lunch' to discuss the impact of food inflation on restaurants, passing along rising prices to the consumer, and the expected timeline for soaring beef prices.
Persons: Laura Rea Dickey, Peter Galbo, Tim Seymour Peter Galbo, Tim Seymour Organizations: Bank of America, Seymour, Management
The South Korean chip maker also said it will cut memory chip production amid slowing global growth, dwindling demand and oversupply. TSMC When it comes to TSMC, Morgan Stanley is staying bullish despite expectations of near-term pressure on the stock. In the near term, we also expect TSMC's 2Q23 revenue guidance to be weaker than expected," Morgan Stanley's analysts, led by Charlie Chan, wrote in a note on Apr. 20, the bank's base case scenario will see the chip giant guiding for a longer-than-expected inventory correction. Tim Seymour, founder and chief investment officer of Seymour Asset Management, believes the dip in TSMC's share price is a buying opportunity .
Taiwan Semiconductor shares had a rough day, but it's a stock that "everyone should want to own" at these levels, according to Tim Seymour, founder and chief investment officer of Seymour Asset Management. "You want any chance to buy this stock on weakness," Seymour said on CNBC's "Fast Money." Taiwan Semiconductor is up roughly 19% from the start of the year. Indeed, the VanEck Semiconductor ETF (SMH) is up 26% in 2023. SMH YTD mountain VanEck Semiconductor ETF (SMH) YTD —CNBC's Brian Evans and Hakyung Kim contributed reporting.
This move has attracted positive sentiment from major Wall Street banks, with Morgan Stanley saying that this restructuring could lead to a 100% upside in Alibaba's share price. Alibaba shares closed 15% higher Wednesday in Hong Kong, after trading higher by a similar amount on the NYSE on Tuesday. Morgan Stanley said that Alibaba shares, listed in the U.S. as BABA , are trading at a significant discount to their sum-of-the-parts valuation, and the restructuring could unlock this value. Nearly all of the valuation comes out of Alibaba's massive e-commerce and retail operations, according to Morgan Stanley. Morgan Stanley analysts led by Gary Yu wrote in a note to clients on Mar.
While Alibaba announced it would split its company as a move "designed to unlock shareholder value and foster market competitiveness," " Fast Money " traders aren't so sure about buying the stock. The Chinese tech giant announced Tuesday it would divide its company into six business groups. BABA 1D mountain Alibaba stock However, a couple of the "Fast Money" traders are hesitant as to whether the stock is now a good play. This is a wait-and-see moment," said Tim Seymour, founder and chief investment officer of Seymour Asset Management. She said that while sentiments with Chinese tech companies could potentially have bottomed out, she is unsure how the split will be executed.
Potential government action against Chinese social media giant TikTok could result in backlash that damages U.S. companies, according to traders and guests on CNBC's " Fast Money ." TikTok CEO Shou Zi Chew testified before Congress on Thursday, taking heat from both sides of the aisle. Shortly before the TikTok hearing, a China Ministry of Commerce spokesperson said the country would "resolutely oppose" a forced sale, the Associated Press reported. But the companies in the crosshairs are clearly names like Starbucks , McDonald's , and Apple 's at the top of that list. As you watch this, you see there is a huge concern about the addictive aspects of short format video and social media.
Shares of FedEx were moving higher after the bell on Thursday after a solid fiscal third-quarter report, and it is catching up to rival UPS , according to the traders on CNBC's " Fast Money ." The shipping company reported $3.41 in adjusted earnings per share, above the $2.73 per share expected by analysts, according to Refinitiv. Prior to this latest earnings report UPS had a forward price to earnings ratio of 15.8, while FedEx was at 12.0, according to FactSet. And one thing FedEx has is a little more international exposure, which is probably a good thing. To the extent that China opens, they have a little more exposure than UPS outside the United States," she said.
Home Depot is down for the year, but Tim Seymour still likes the home improvement name. The founder and chief investment officer of Seymour Asset Management also said it's cheaper than competitor Lowe's , on CNBC's " Fast Money " Tuesday night. Home Depot posted its quarterly results in February, falling short of analysts' expectations on revenue , according to Refinitiv. Fellow "Fast Money" panelist Karen Finerman, founder and CEO of Metropolitan Capital Advisors, said she's invested in both stocks. The comments came after homebuilder Lennar reported its latest quarterly financial results , beating analysts' estimates for earnings and revenue, according to Refinitiv.
Zoom Video has lost the momentum it had during the work-from-home boom, and a strong earnings report did little to change that, according to traders on CNBC's " Fast Money ." The company on Monday reported adjusted earnings of $1.22 per share and $1.12 billion in revenue for the fourth quarter. The stock soared above $500 per share in 2020 as the use of video conferencing soared, but Zoom has since given back all of those gains. Guy Adami of Private Advisor Group called Zoom a "fine company" but cautioned that its use of stock-based compensation could hurt shareholders. That metric, which Zoom Video excludes from its adjusted earnings number, was a roughly $520 million expense during the fourth quarter, and can cause dilution for shareholders.
Warren Buffett's Berkshire Hathaway has dumped most of its stake in TSMC, just months after buying the Taiwanese chipmaker's stock. TSMC TSMC, meanwhile, is sometimes seen as a barometer of the strength of the U.S. consumer, with Apple among its biggest customers. This is a Game of Thrones battle and AI is here to stay with Nvidia a great play on that front. TSMC is a global chip recovery play that is well positioned with Nvidia in the left lane of innovation," he told CNBC Pro. "TSMC is the short-term play with Nvidia more of the longer-term AI bet."
Nvidia is the clear pick amid the hype around companies in the artificial intelligence space, according to Tim Seymour, founder and chief investment officer of Seymour Asset Management. Conceptually, Nvidia is the "AI buy" in terms of its software and hardware capabilities, he said Thursday on CNBC's "Fast Money." To be sure, other "Fast Money" traders aren't as bullish on current AI candidates. "Today's selloff makes a lot of sense," Private Advisor Group's Guy Adami said, referring to the fall in Microsoft shares. When asked to consider Microsoft and Alphabet , investor and "Fast Money" panelist Bonawyn Eison picked Microsoft for safety and Alphabet for the long term, saying he thinks the Google parent stands to gain more upside.
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