DIRS.INFO The most relevant business & tech news

☆ Goldman Sachs: Wait for these 4 signs that the market has hit its bottom before you buy stocks — and keep your money in these 4 other places in the meantime
▼ + stars: | 2022-11-29 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Goldman Sachs expects stocks to be flat in 2023 as growth weakens and interest rates stay high. Stocks have been crushed this year, and Goldman Sachs doesn't see a rebound on the horizon. In fact, the firm is calling for flat returns in the next year as earnings growth weakens. Additionally, rising real yields mean that bonds are now a legitimate alternative to stocks, which has catalyzed a "major valuation reset" for stocks, Mueller-Glissmann wrote. Even if interest rates peak, Goldman Sachs economists don't expect the Federal Reserve to stimulate the economy by cutting interest rates until 2024.

☆ Avoid stocks and make these 7 investments instead to improve your odds of enjoying a positive return in what may be a brutal 2023, according to PIMCO
▼ + stars: | 2022-11-20 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here's how the firm says to invest in 2023 as interest rates peak and markets struggle. After one of the worst years ever for the classic 60-40 stock-bond portfolio, portfolio managers at Pacific Investment Management Company (PIMCO) have gone back to the drawing board. Higher interest rates will bring down corporate profits — not just inflation, Browne warned. "With interest rates higher amid a challenging macro environment, we see a compelling case for bond allocations and are cautious about higher-risk investments," Browne wrote. Countries that started hiking interest rates early, including those in emerging markets, will offer the best opportunities early in the downturn.

☆ A veteran chartmaster expects the bear market to continue into 2023 after the latest rally fizzles — but these 4 types of stocks appear to be set up for strong gains next year
▼ + stars: | 2022-11-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

David Keller, StockCharts.comThe S&P 500 has pulled back from the critical technical resistance level of 4,000, Keller noted. A round number like that is not only seen as a significant milestone for psychological reasons, but it's also a key Fibonacci retracement level, Keller said. The S&P 500 will likely retest the 3,200 level at some point and will be hovering around current levels by the middle of next year, the veteran chartmaster said. It's currently at 24, down from 33.6 when the S&P 500 was at its mid-October lows. The S&P 500 can hit new highs and break the 5,000 mark by late 2023, Keller said, though he doubts a breakthrough will come any earlier than that.

☆ A top-performing fund manager who warned of a huge collapse for stocks 6 months ago shares why he changed his tune and became bullish — and where he's investing now
▼ + stars: | 2022-11-18 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Salem Abraham, whose fund is in the top 9% of its category in 2022, is now bullish on stocks. But according to the manager of the Abraham Fortress Fund (FORTX), which is in the top 9% of its category in 2022, those worries are overblown. However, now that inflation is slowing down it would be a mistake for the Fed to raise interest rates too far, Abraham said. That explains why Argentina, which has struggled with hyperinflation for years, has seen its stock market grow instead of collapsing under the weight of higher prices, Abraham said. "The game of interest rates is run by central bankers.

☆ Here's how to spot gems in the junk bond market and earn income even if a recession hits in 2023, say the managers behind a top-rated fund
▼ + stars: | 2022-11-16 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Portfolio managers of the Buffalo High Yield Fund have crushed the market this year. Like nearly every fund without a tight focus on commodities, the Buffalo High Yield Fund (BUFHX) is down for the year, though its 6.3% loss year-to-date is modest compared to its index's 11.6% decline. But not all bonds with the same rating carry the same level of risk, the fund managers said. The fund managers said that avoiding landmines is the biggest key to success when picking non-investment-grade bonds. If that thesis is incorrect, spreads will widen considerably and much more downside will be ahead, but the fund managers are confident that they'd outperform again.

☆ Buy these 7 stocks now for reliable income as high inflation stays 'alive and well' in 2023, says the manager of a top-8% dividend-focused fund
▼ + stars: | 2022-11-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are seven dividend stocks to buy now that will provide income in any setting. On the other side of the valuation spectrum are energy stocks. "From a valuation standpoint, you can't get much cheaper than the energy sector comparing it to the rest of the S&P 500 sectors," Morey said. Energy names will be a strong bet if inflation persists in the coming year, as Morey suspects. 7 top dividend stocks to buy nowBelow are the seven dividend stocks that Morey is bullish on right now from among his sector preferences, along with the ticker, market capitalization, dividend yield, and investment thesis for each.

☆ The UBS stock chief who called the latest stock market correction shares how to protect your portfolio heading into what he fears will be an ugly 2023
▼ + stars: | 2022-11-14 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

In mid-May, Lefkowitz noted that stocks looked oversold and predicted that inflation would fall as wages and supply-chains eased. Sure enough, the S&P 500 entered a steep correction for the exact reasons Lefkowitz outlined. Their latest S&P 500 target for June 2023 is 3,700, which was marked down from both their previous mid-year 2023 target of 4,200, and remains well below their year-end 2023 target of 4,000. For context, the S&P 500 is currently sitting at about 3,960 but fell as low as 3,715 earlier this week. "Since World War II, we've never seen only a modest rise in the unemployment rate," Lefkowitz said.

☆ These 33 stocks will benefit the most as inflation finally starts to fall, according to UBS
▼ + stars: | 2022-11-12 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Both the economy and inflation are set to fall off a cliff, according to the top strategists at UBS. Inflation, which is finally starting to fall as the global economy softens, will drastically decline from here, according to UBS. Lower inflation will be a relief for many companies, but it will especially benefit those stocks in three sectors, according to UBS: communication services, healthcare, and information technology. Communication services and healthcare stocks have outperformed when inflation declines and have shown the least sensitivity to changes in price growth, Kapteyn wrote. 33 stocks that will benefit from lower inflationIn light of these predictions, UBS created a quantitative screen to determine which stocks would fare best as inflation drops.

☆ The manager of an international Fidelity fund breaks down why he invests without obsessing over traditional valuation metrics — and how it's helped him beat 91% of competitors this year
▼ + stars: | 2022-11-11 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

But the Fidelity International Small Cap Fund is having its best year relative to peers in a decade. When Fidelity launched the Fidelity International Small Cap Fund (FISMX) in 2002, the timing turned out to be perfect. International stocks were about to embark upon six straight years of outperforming their US-based peers by at least 5%. International stocks underperformed their American peers by 6.4% in 2008 and lag behind US stocks for 10 of the next 13 years. Yet despite that unforgiving environment for foreign stocks, Fidelity's $2.9 billion international small cap fund has beaten 98% of competitors over the past 15 years, according to Morningstar.

☆ Here's how to invest to take advantage of the best outlook for long-term investors since 2010, according to JPMorgan Asset Management
▼ + stars: | 2022-11-09 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The forward outlook for investors is the best since 2010, according to JPMorgan Asset Management. This year is on pace to be the worst for stocks since 2008, but the long-term investing outlook is as promising as it's been since 2010, according to JPMorgan Asset Management (JPMAM). Both developments give long-term investors an attractive entry point. That's far lower than the 2.9% growth that the world saw from 2010 to 2020, according to JPMAM's 2021 report. How to invest for the long termInvestors should build long-term portfolios around three asset classes, according to JPMAM: stocks, bonds, and alternative assets.

☆ Here's how to protect your portfolio from an inescapable energy crisis in 2023 caused by 'embarrassingly stupid' government policies, says a $200 million hedge fund manager who called the oil market's
▼ + stars: | 2022-11-08 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The Department of Energy's "embarrassingly stupid" policies will likely cause a severe energy shortage and an energy crisis in 2023, Kupperman told Insider. I mean, US energy production has roughly been flat since the end of Q1 — six months where it's flat. Ironically, energy-friendly policies that lead to an increase in oil production would bring down prices and hurt his portfolio's performance in the process. This doesn't sound like the team of people — between his energy secretary and then Biden — that's going to restore energy production. "We're going to see a new level, so to speak, in terms of commodity prices," Kupperman said.

☆ Conquer inflation and rake in income by following this investing playbook, says the mind behind a top-performing $4 billion fund
▼ + stars: | 2022-11-07 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

A peaceful early expansion environment with growth, low inflation, and falling rates starts to sour in the early overheating stage, when red-hot growth and low rates spark high inflation. How to invest in a low inflation economic cycleEarly expansion: Expansion, low inflation, falling ratesWhat works: Stocks broadly outperform, followed by income stocks and real estate investment trusts (REITs). How to invest in a high inflation economic cycleEarly expansion: Expansion, low inflation, falling ratesWhat works: Stocks broadly work best, followed by income stocks and REITs. Late overheating: Expansion, high inflation, rising ratesWhat works: Income stocks, commodities, and stocks tied to real assets outperform with growth, inflation, and rates high. Early stagflation: Contraction, high inflation, rising ratesWhat works: TIPS outperform as growth weakens and inflation stays high while income stocks do fine with inflation high.

☆ Here's how to pick winning stocks that can help your portfolio survive a recession, according to the managers of a $42 billion fund that beat 92% of peers in the past decade
▼ + stars: | 2022-11-05 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Matt McLennan and Kimball Brooker have guided their fund to a top 8% performance in the past decade. That's in sharp contrast to Matt McLennan and Kimball Brooker, co-managers of the $42 billion First Eagle Global Fund (SGENX). "What you'll find is that the amount of whatever it is that we're collecting never becomes large enough to do too much damage to the portfolio," Brooker told Insider. Those first two points are often prioritized by managers seeking quality stocks, but fewer fund managers target those latter two attributes. Fund managers should carefully consider a stock's long-term outlook instead of simply whether or not it diversifies and lowers the volatility of a portfolio.

☆ Goldman Sachs: These 24 cheap stocks boasting strong dividend growth and double the yield of the typical stock will outperform in a recession
▼ + stars: | 2022-11-04 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Here are 24 cheap stocks that have dividend growth and a yield that's twice the median S&P 500 name. Dividend growth has never been less than 2% on a 10-year annualized basis since 1950, according to the firm. "S&P 500 dividend futures appear to be pricing an overly pessimistic outlook, even in the event of a recession," Kostin wrote. But only 24 stocks in the basket have a dividend yield that's at least double that of the market's median 1.8% yield, according to Goldman Sachs. Those names are below, along with their ticker, market capitalization, sector, current dividend yield, and expected dividend growth rate from 2022 through 2024.

☆ Sell stocks after the massive market rally in October and make one simple adjustment to your portfolio to score easy income while limiting risk, according to Truist
▼ + stars: | 2022-11-02 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Stocks' strong gains are just a bear market rally that will soon fade, according to Truist. Keith Lerner, the firm's top market strategist, made the case for bonds over stocks. Higher rates will keep hurting stocks — even if the Fed pivotsAt first glance, stocks have gotten cheaper this year. Tighter financial conditions have pushed the US economy toward a recession, and a slowdown in spending has been a drag on corporate earnings, Lerner wrote. Truist Bank"Even if the Fed does pivot or inflation softens, it wouldn't be a cure-all over the intermediate term," Lerner wrote.

☆ Goldman Sachs: These 20 stocks are boosting shareholder returns by aggressively buying back their shares, even as a recession gets more likely
▼ + stars: | 2022-11-01 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 20 stocks that are aggressively buying back shares and returning value to shareholders. US stocks have marched higher during the earnings season, despite consensus Q3 earnings per share growth clocking in at 2% year-over-year instead of 3%. Buyback growth is down dramatically year-over-year and quarter-by-quarter. Note that buyback data is as of the second quarter and that not every stock listed has meaningful buyback growth. Stocks that reported negative year-over-year buyback growth in Q3 or are expected to see buybacks drop over 50% next year were excluded from the analysis.

☆ The co-manager of Vanguard's $48 billion income fund has beaten 88% of competitors this year by finding winning dividend stocks using this simple strategy
▼ + stars: | 2022-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Vanguard's Sharon Hill has overseen a fantastic performance for her $48 billion income-focused fund. She targets stocks with promising dividend growth, valuations, fundamentals, and sentiment. This market environment may be choppy, but her view is that investing in the right stocks with proven dividend growth is better than letting idle money erode under high inflation. "Dividend growth is one of the few things that has kept up with inflation as you go back and look over the decades," Hill said. "So when you go back and you look at the '70s, '80s — which is the last time you can actually find any notable inflation — what you see is dividend growth pretty much kept pace with it."

☆ An economic nightmare is a near certainty as inflation stays hot while a recession nears. UBS says to forget the normal defensive playbook and instead invest your money in these 3 industries.
▼ + stars: | 2022-10-27 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

While it's unclear if there will be a severe recession, there is one outcome that investors can bank on, Parker wrote: stagflation. The market is implying a nearly 100% chance of weak economic growth paired with rampant inflation, which is a nightmarish economic scenario. UBSHowever, Parker wrote that the market selloff still has room to go as tighter financial conditions hurt estimates for earnings and economic growth. Besides interest rates, economic activity is the biggest driver of stocks right now, Parker wrote. More broadly, sectors for quality growth include consumer discretionary, healthcare, and technology, Parker wrote.

Organizations: & & /

☆ A market-crushing fund manager shares his investing strategy and how to avoid landmines in international markets as Europe hurtles towards a recession
▼ + stars: | 2022-10-26 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

But Jim Nelson's EuroPac International Value Fund has continued its dominant stretch. Last decade was a disappointing one for international stocks relative to their US peers, and the 2020s haven't been much better so far. But investors would only have half the losses if they instead got global equity exposure through the EuroPac International Value Fund (EPIVX). His responsibility is to give investors diversification away from US assets and exposure to foreign stocks in case they rally. For the EuroPac International Value Fund, he focuses on high-quality businesses that are trading below fair value.

☆ Goldman Sachs shares exactly how to position your stock portfolio as a make-or-break Q3 earnings season kicks into high gear
▼ + stars: | 2022-10-25 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Goldman Sachs shared the investing playbook it recommends following right now. Since 1974, those three groups have had the best relative performance to the S&P 500 during periods of weak economic growth, Kostin wrote. "Our economists expect GDP to decelerate further, and risks to their forecast are tilted downward," Kostin wrote in the note. Goldman SachsFinally, Goldman Sachs recommends that investors avoid the following sectors and industries: technology hardware, industrials, media & entertainment, semiconductors, automobiles & components, and materials. Those parts of the market are economically sensitive and will be disproportionately hurt if the economic slowdown worsens, Kostin wrote.

☆ Here's how to spot high-quality dividend stocks and manage risk in an unprecedented bear market, according to a 33-year investing veteran who runs a $16 billion fund
▼ + stars: | 2022-10-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

John Linehan of T. Rowe Price shared how he manages over $16 billion in assets. John Linehan, the chief investment officer for equities at T. Rowe Price, has encountered plenty of different investing landscapes in his 33-year career. Linehan, who manages over $16 billion in assets in the T. Rowe Price Equity Income Fund (PRFDX), is currently attempting to thread the needle between playing offense and defense. High, reliable dividend yields are vital to the T. Rowe Price Equity Income Fund, Linehan said, but the size of the quarterly payment is far from his only consideration on that front. "We're looking for companies that have both an attractive yield but also attractive attributes beyond the yield," Linehan said.

☆ 'It's difficult to be optimistic': A UBS real estate head shared just how much downside US home prices have in his 2023 housing market outlook
▼ + stars: | 2022-10-20 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Matthias Holzhey of UBS shared his outlook for the US housing market in 2023. The sky might not be falling yet in the US real estate market, but home values will soon start to, warns a new report from UBS. "Prices look overvalued," said Matthias Holzhey, the head of Swiss real estate at UBS Global Wealth Management, in a recent interview with Insider. How to navigate the housing market in 2023There are four more key drivers of demand in the housing market, Holzhey said: income growth, risk asset returns, interest rates, and psychology. However, today's real estate market bears little resemblance to past markets.

☆ Anna Faris identifies director she accused of inappropriate touching on set
▼ + stars: | 2022-10-19 | by ( ) www.nbcnews.com time to read: +2 min

The actor said she was left “angry and hurt and humiliated” by Reitman, who directed with a “reign of terror.”“One of my hardest film experiences was with Ivan Reitman,” Faris told her “Unqualified” guest Lena Dunham. Faris said that an accident occurred in the makeup trailer before she was supposed to be on set for the first time. Her hair designer knocked over a jar of wig glue and it got on Faris’ costume, which resulted in Faris being “20 to 25 minutes” late to set. “I was terrified on my first day that Ivan thinks I’m some kind of diva that doesn’t come out of her trailer,” Faris said. That was a weird moment.”Back in 2017, Faris revealed for the first time that a famous director slapped her butt on set, but she did not reveal the director by name at the time.

☆ Goldman Sachs: These 41 historically cheap stocks will still be a bargain if a recession crushes earnings
▼ + stars: | 2022-10-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 41 cyclical stocks that are cheap right now and will remain a bargain in a recession. Valuations also appear stretched relative to both interest rates and inflation-adjusted yields on investment-grade bonds and US Treasuries, Kostin wrote — even as the economy weakens. Goldman SachsIf earnings fold in a weaker economy, cyclicals will likely continue to underperform, Kostin wrote. If next year's numbers aren't as bad as feared, economically sensitive stocks could roar higher. 41 cheap cyclical stocks to buyGoldman Sachs compiled a list of economically sensitive stocks in the Russell 1000 index that appear to be bargains — both now, and if the US economy enters a recession in the next few months.

☆ Buy these 12 tech stocks that are set to recover in the pivotal Q3 earnings season with investors already as bearish as they were in 2008 and 2001, says Wedbush
▼ + stars: | 2022-10-18 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Outspoken tech analyst Dan Ives of Wedbush Securities still likes software and cybersecurity stocks. Here are 12 of Ives' favorite tech stocks to own heading into the end of the year. Many investors seem to have lost hope ahead of a critically important Q3 earnings season. Markets haven't given companies the benefit of the doubt lately and investors will likely unload any stocks that report disappointing earnings, Ives noted, so executing in this challenging environment is essential. 12 top tech stocks to buyIn the note, Ives listed 12 of his favorite technology stocks to buy heading into the Q3 earnings season.

Search resuls for: "Faris"

25 mentions found