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☆ India has big manufacturing plans. Goldman names 2 global stocks to benefit — giving one 60% upside
▼ + stars: | 2023-03-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The investment bank called the plan, known by its Production-Linked Incentive Schemes, as a "substantial opportunity" for Greater China tech firms. The initiative incentivizes foreign companies to start manufacturing in India and encourages local firms to expand their production and exports there. Goldman said tech represents more than half of the opportunity. Under the IT hardware initiative, for instance, Greater China tech firms represent 76% of potential capital expenditure contribution. Stock picks Goldman named two buy-rated stocks that it said stand to benefit from India's big manufacturing plans.

☆ Here's where to invest $10,000 right now, according to the pros
▼ + stars: | 2023-03-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The S & P 500 is on track to finish March flat and end the first quarter up more than 3%. So if you had $10,000 to invest, where should you put it and how much should you allocate to each asset class? He also recommended getting exposure to some of the top holdings in the SPDR S & P 500 ETF , which tracks the S & P 500, as well as the VanEck Semiconductor ETF . He said he'd invest 40% into stocks: 15% in Asia, 15% in the U.S., and 10% in Europe. On the equities front, he told CNBC Pro that he would buy large-cap energy stocks.

☆ Morgan Stanley has upgraded a raft of stocks to overweight — here are 5
▼ + stars: | 2023-03-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Despite the market volatility, Morgan Stanley upgraded a raft of stocks in March, including both U.S. and global picks. Here are five of the stocks upgraded by the investment bank: Pinduoduo Morgan Stanley upgraded Chinese e-commerce giant Pinduoduo to an overweight rating in a Mar. Furthermore, Morgan Stanley said Pinduoduo's user base has enlarged "significantly," and user stickiness has strengthened. Meta Morgan Stanley upgraded the stock from equal weight to overweight , and raised its price target to $250 – implying upside of 21%. Sarepta Therapeutics Morgan Stanley upgraded Sarepta Therapeutics to overweight with a price target of $187, giving the stock potential upside of 43%.

☆ Buying the dip on energy stocks? Wall Street pros name their top picks
▼ + stars: | 2023-03-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Energy was the second-best-performing sector of the S & P 500 last week, as investors flocked back into the stocks amid a recent dip in oil prices. Thummel also likes two energy infrastructure stocks — Cheniere Energy and Energy Transfer . He likes Viper Energy Partners , which owns a royalty portfolio of oilfield assets. "Viper Energy has one of the largest backlogs of tier-one locations in the [Permian] basin. Viper Energy is thus able to leverage improving energy prices while having "strong" downside support, according to Davolos.

☆ Rivian shares keep hitting all-time lows. Here's where Wall Street sees it going next
▼ + stars: | 2023-03-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Its shares keep hitting all-time lows, dipping below $13 per share at some points during March. Rivian shares also plunged after it said it planned to raise $1.3 billion in cash via a sale of convertible bonds. Morgan Stanley analysts, led by Adam Jonas, also put the spotlight on its "aggressive growth," in a comparison with Tesla. However Morgan Stanley is still giving the stock an overweight rating, and a price target of $26 – or nearly 90% upside. Canaccord analysts also pointed to the possibility of new partnerships, beyond Amazon, that could be a tailwind for Rivian – a point that Morgan Stanley also raised.

☆ This fund manager has never owned a bank stock — and reveals what he looks for instead
▼ + stars: | 2023-03-24 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Investors have fled bank stocks in droves since a crisis in the sector broke out earlier this month. Fund manager Ian Mortimer is not a fan — and said he has never owned a banking stock in any of his funds. If you think about that as your starting point, the vast majority in the banking sector do not pass those criteria," he said. "The banking sector has been an area that often pays quite high dividends — sort of attractive from that perspective. So, it's a ... theory that in distress, the banking sector will reduce or potentially cancel their dividends," Mortimer added.

☆ Morgan Stanley just upgraded a global energy stock it says has 'significant' potential for growth
▼ + stars: | 2023-03-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Morgan Stanley upgraded the shares of French energy firm TotalEnergies . In a March 21 note, Morgan Stanley upgraded the stock from equal weight to overweight, raising its price target to 64 euros ($69) — representing nearly 16% upside. Morgan Stanley said TotalEnergies is the only major European energy company with an upstream business that can fund all the capital expenditure needed to realize its "significant growth potential." In the report, Morgan Stanley assessed the energy production assets of major energy companies in the wake of several key events in 2022 — the Russia-Ukraine war, bad weather and disrupted supply chains — which highlighted the "fragility of global energy supply." Morgan Stanley said TotalEnergies is one of few companies under its coverage of energy companies with growth potential, and estimates it has the ability to support 3.8% growth annually till 2030.

☆ Exxon vs. Chevron? Goldman Sachs reveals its favorite — and other energy picks
▼ + stars: | 2023-03-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Energy stocks dropped last week as oil prices fell to a 15-year low , with the banking crisis roiling markets. Amid the volatility, Goldman Sachs named the energy stocks it likes in a March 16 note. Exxon vs. Chevron For investors looking for a defensive play, Goldman analysts recommend Exxon as a top pick, adding that they prefer it over rival Chevron . Targa vs. Oneok Within midstream stocks, Goldman said it was "more positive" on U.S.-based companies Targa Resources and Cheniere Energy following the pullback. That's because lower oil prices would not hit Targa's operations as much as Oneok's, they added.

☆ JPMorgan vs. Bank of America? Analysts say one of the stocks is set to soar 50%
▼ + stars: | 2023-03-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

It's not just regional bank shares that have been hit by the recent banking crisis — large-cap bank stocks have also tumbled. JPMorgan was down nearly 6% last week, while Bank of America tumbled 8% over the same period. It said big banks are a "big beneficiary" and fundamentals at JPMorgan Chase, Bank of America, Wells Fargo and Citi look "rather strong." For those looking to invest, CNBC Pro takes a look at what analysts are saying about JPMorgan Chase and Bank of America in particular. However, Bank of America has only 8% of uninsured deposits as a proportion of its total deposit liabilities.

☆ Time to buy the tech rally? Hedge fund manager Dan Niles and others reveal their top picks
▼ + stars: | 2023-03-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The tech sector was a bright spot last week as the banking crisis rocked markets. Big tech and semiconductor stocks such as Nvidia and Microsoft were up around 12% over the week, while AMD soared over 18%. Hedge fund manager Dan Niles, meanwhile, said he likes Meta as it has a "strong" core business, with good user growth and engagement. Like Meeks, Niles is also bullish — but selective — on semiconductor stocks. Financial services firm BTIG said it believes that tech stocks have become something of a "rotation beneficiary given the recent events and rising odds for a hard landing."

☆ Morgan Stanley names its favorite stocks in tech — and gives one nearly 60% upside
▼ + stars: | 2023-03-16 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley named its top picks in tech in a March 13 note. Morgan Stanley gave AMD an overweight rating, and a price target of $87 — a level that the stock reached on March 14. It gave ServiceNow a price target of $612, or around 44% upside. Amazon Morgan Stanley sees Amazon as the large-cap internet name in the best position, with "durable retail revenue growth and inflecting retail profitability." It gave Amazon a price target of $150, or nearly 60% upside.

☆ As markets turn rocky, these global stocks look resilient and are expected to rally
▼ + stars: | 2023-03-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Stocks slid, with the Dow Jones Industrial Average posting its fifth straight day of declines on Monday, while the 2-year Treasury yield tumbled . The screen threw up a mix of health care, consumer, utility and even some financial stocks. Canadian financial services firm Fairfax Financial Holdings and Japanese natural gas provider Tokyo Gas got among the highest expected earnings growth for this year – at more than 150% each. British bank HSBC also made it to the list, with nearly 50% expected earnings growth and 23% average upside. Italian luxury sports car maker Ferrari made the screen, with 21% expected earnings growth and around 20% upside.

☆ SVB crisis reveals how tough higher rates can be — but these 3 stocks are resilient, strategist says
▼ + stars: | 2023-03-14 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Many companies will find a higher-interest-rate environment very difficult to operate in — as demonstrated by the Silicon Valley Bank crisis, according to Anthony Doyle, head of investment strategy at Firetrail Investments. "It is not a time to be taking beta and index exposure in a higher-interest-rate and a higher-cost-of-capital world," Doyle told CNBC's "Street Signs Asia" on Monday. It comes after financial regulators closed Silicon Valley Bank and took control of its deposits, in what is the largest U.S. bank failure since the global financial crisis over a decade ago. SVB was a major bank for tech and venture-backed companies, which are under pressure due to higher interest rates. "We expect the market to tighten up despite some of the glut of semiconductors that we've seen more recently.

☆ 'Unprecedented growth': Citi reveals its 4 top stocks in renewables right now
▼ + stars: | 2023-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The world is going through a "rapid and transformational change" when it comes to energy, said Citi, naming four stocks to cash in. When it comes to stocks, Citi prefers geographically diversified companies, in particular those with European exposure. "These companies are leaders in their respective domains, are gaining market share, and growing more than overall growth in the sector," Citi's analysts wrote. Shoals "has no residential exposure and is looking to diversify outside the US, which should allow the company to grow at a pace exceeding industry growth," Citi said. "We like the combination of rapid top-line growth from market share gains and new products."

☆ As Treasury yields surge, these global stocks have yields of over 5%
▼ + stars: | 2023-03-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Bond yields are surging , as markets get jittery on reignited fears that the U.S. Federal Reserve will keep interest rates higher for longer. It drove stocks lower and bond yields higher (yields rise as prices fall). As rates surge, it becomes harder to find stocks that can compete on a yield basis — but some do exist. CNBC Pro used FactSet to screen for global stocks on the MSCI World index with yields above 5%. Engie had a buy rating from 73% of analysts, while SITC got 85% — the highest buy rating among the screened stocks.

☆ Investors share strategies to beat interest rate fears — including one that trumped the 60/40 model
▼ + stars: | 2023-03-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Markets are jittery now that fears that interest rates will stay higher for longer have been reignited . These are BlackRock's recommendations: Short-duration fixed income: iShares 0-3 Month Treasury Bond ETF, iShares Short Treasury Bond ETF, and iShares Treasury Floating Rate Bond ETF. Longer-duration fixed income: iShares TIPS Bond ETF, iShares Core U.S. Aggregate Bond ETF and iShares MBS ETF. "While we do not suggest investors abandon stocks all together, in a "higher for longer" environment, we believe investors should gravitate towards value-style stocks," Chaudhuri said.

☆ Tesla a 'screaming buy' or bellwether for zombie stocks? The bulls and bears state their case
▼ + stars: | 2023-03-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Tesla's stock closed at $193.81 on Monday — 49.2% off its 52-week high, compared to an average drop of 18% among its peers, according to FactSet. Over the year so far, Tesla shares are up around 57%, but looking ahead, analysts are divided on the company's prospects. The bears: 'Bellwether' for zombie stocks Apart from the recent price cuts, Tesla has hinted at a cheap, next-generation model that would cost $25,000. David Trainer, CEO of investment research firm New Constructs, said that it's "nosebleed high because the cash flow expectations baked into the stock price are unreasonably optimistic." And you look at the relative growth to large cap tech companies and it's a screaming buy," he said.

☆ Citi sees chip stocks hitting 'new lows.' Here are its top picks to ride out the storm
▼ + stars: | 2023-03-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Although chip stocks have broadly rebounded this year , Citi warns that they could be about to hit new lows as companies trim guidance. Given this "defensive stance," the analyst said Analog Devices remains its top pick in this environment, describing it as the "most defensive name." Citi also named a few semiconductor stocks to consider once the dark times are over. Analog Devices, Micron, ON Semi and GlobalFoundries are all buy-rated by the bank. The bank gives Analog Devices, ON Semi, and GlobalFoundries each around 22% upside potential.

☆ Goldman Sachs has added 3 stocks to its conviction buy list, giving one 100% upside
▼ + stars: | 2023-03-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs has this year added a number of stocks to its conviction list — buy-rated stocks it expects to outperform — giving them further share price upside. Rio Tinto Its most recent addition was Australian miner Rio Tinto on March 3. It comes as Goldman Sachs turns bullish on commodities such as iron ore on the back of an expected recovery in China. It gave Rio Tinto a price target of $140, or upside of 10% from the Friday close. Goldman also raised the price target for Alibaba to $138, giving it over 50% potential upside from its U.S.-listed stock's Thursday close.

☆ A.I. is all the rage. This investor shares a less obvious way — and one stock — to play the trend
▼ + stars: | 2023-03-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

And according to tech investor Mark Hawtin, there's a smart way to jump on the trend: playing the data theme. But Hawtin, investment director at Zurich-based GAM Investments, has identified data as another way to get into the game. Data generation is growing by between 30% and 40% every year, according to Hawtin, who added that he likes data storage companies. The U.S. data storage company Seagate. Hawtin isn't the only one to flag hardware companies as a way to invest in AI.

☆ Looking for higher yields? These short-term bond ETFs come out on top
▼ + stars: | 2023-03-02 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Treasury yields are taking markets by storm. Investors with those preferences have also been flocking to short-term Treasury exchange-traded funds with durations of one to three years. Some examples include Vanguard Short-Term Treasury Index ETF and the Schwab Short-Term U.S. Treasury ETF. Top-rated, short-term bond ETFs But there's another corner of the short-term bond market with yields that could go even higher. CNBC Pro screened for top-rated, ultra-short term bond funds using Morningstar data.

☆ Top investors share 3 tips for buying stocks in this turbulent market
▼ + stars: | 2023-03-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Markets have been volatile of late, leading investors to wonder which corner of the market to seek refuge in. Investors are worrying that the U.S. Federal Reserve could keep rates higher for longer amid a renewed focus on hotter-than-expected inflation . Higher rates for longer is expected to be bad news for growth stocks such as tech, which tumbled last year as the era of zero rates ended. Some Big Tech stocks are now "quite mature," Hawtin said, noting that Alphabet and Facebook are essentially dependent on advertising. Steve Eisman of "The Big Short" fame said Monday that gone are the days when investors could win by simply buying technology stocks.

☆ A.I., chips and more: These top-rated ETFs offer a way to play tech's hottest trends
▼ + stars: | 2023-02-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One is the return of semiconductor stocks , as demand bounces back for chips; the other is artificial intelligence, following the buzz surrounding chatbot ChatGPT. CNBC Pro screened for the highest-rated ETFs with exposure to semiconductor and/or AI-related stocks (among others) using Morningstar data. The screen included four ETFs focused only on semiconductor stocks — all with a five-star rating. Three of the funds — the VanEck Semiconductor ETF , SPDR S & P Semiconductor ETF and iShares Semiconductor ETF — have Nvidia as their highest-weighted stock. The Invesco DWA Technology Momentum ETF also has a mix of semiconductor stocks (at 32% of the ETF) as well as other stocks with exposure to AI.

☆ Top Morningstar strategist names a deeply discounted tech stock, in a sector poised for strong growth
▼ + stars: | 2023-02-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Dave Sekera, chief U.S. market strategist for Morningstar, is bullish on one corner of tech that he says is set to experience "some of the strongest long-term secular growth." That's cybersecurity, he told CNBC's "Squawk Box Asia" on Thursday. "Between geopolitical risks, ransomware and hacking, this is just one area that's going to have a lot of secular growth," Sekera said. Sekera names one stock that he says is trading at about a 25% discount to Morningstar's fair value estimates: CrowdStrike . Analysts have struck a bullish tone on cybersecurity of late, arguing that it's one sector that's resilient even in a slowdown.

☆ Nvidia's stock is soaring on the A.I. buzz. Here’s where Wall Street sees it going next
▼ + stars: | 2023-02-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Nvidia's data center business, which develops chips for AI, continued to grow, with its CEO saying that the technology is at an "inflection point." In its bull case for the stock, its price target is $348, or 67% upside, although the bank gives it an equal-weight rating. The bank said it was "very optimistic about the longer-term generative AI opportunity," but sees risk to Nvidia's data center business. BMO Capital Markets in a Feb. 21 note also pointed to the "increasing weaker environment" for the company's data center business in the near term. Wedbush analyst Matt Bryson has a neutral rating on the stock and gives it a price target of $175, or 15% downside.

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