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☆ A lower-risk way to bet on a comeback by this consumer blue chip using options
▼ + stars: | 2023-10-17 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

As consumers continue to remain selective with their spending and cracks start to show within the consumer discretionary sector, one name that is worth paying attention to is McDonald's (MCD) . As a trader, one could look at McDonald's stock and see that the trends are bearish with negative momentum. MCD 3M mountain MCD 3 months But I prefer to view this from a contrarian perspective. (The chart above shows the Commodity Channel Index indicator in the lower panel, which looks at the current stock price vs. its historical average price and is used by technical analysts to determine a trend change.) BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Zhang

☆ JPMorgan's top strategist says buy more gold, stay underweight stocks because of high rates, geopolitics
▼ + stars: | 2023-10-17 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

JPMorgan's top strategist is telling investors to buy more gold and remain underweight stocks. All three major averages remain higher this month, shrugging off higher yields and the breakout of the Israel-Hamas conflict. "Our outlook is likely to remain cautious as long as interest rates remain deeply restrictive, valuations expensive, and the overhang of geopolitical risks persists," Kolanovic wrote. In fact, the strategist expects the upward march in equities is 'unsustainable' in a higher-for-longer interest rate environment. Equities are up YTD mostly on multiple expansion while real rates and cost of capital are moving deeper into restric-tive territory," Kolanovic wrote.

Persons: Marko Kolanovic, Kolanovic, — CNBC's Michael Bloom Locations: Israel

☆ Goldman Sachs says the Magnificent 7 are the cheapest they've been in 6 years — and an upcoming catalyst could help push shares another 20% higher from today's prices
▼ + stars: | 2023-10-06 | by ( Mark Reeth | ) www.businessinsider.com time to read: +7 min

A magnificent time to buy the dipHigher bond yields hurt the Magnificent Seven's shares, Kostin said, simultaneously sending their valuations lower. "The recent upgrade to consensus estimates in part reflects the largest tech stocks growing into their elevated P/E multiples – especially NVDA and AMZN." "History suggests the upcoming earnings season is a potential catalyst for the largest tech stocks," he wrote. And for investors worried about price, Kostin has good news: shares of the Magnificent Seven stocks are the cheapest they've been in six years. Goldman SachsWith higher sales and higher earnings expectations powering shares skywards, Kostin believes that shares of the Magnificent Seven could enjoy shockingly strong appreciation from today's prices.

Persons: Goldman Sachs, Tesla, David Kostin, Kostin Organizations: Nvidia, Apple, Microsoft, Meta, Treasury

☆ Bank of America says it's an official economic recovery now so history points to these stocks outperforming ahead
▼ + stars: | 2023-09-11 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

There appears to be an economic rebound taking place — and history shows ways to play it in the market, according to Bank of America. "It's official: we're in a Recovery," wrote strategist Savita Subramanian in a note to clients Sunday. An average recovery lasts nine months, though shorter durations seen in recent history raise concern that this one may not have staying power, she said. Still, the average analyst has a hold rating on the stock, according to LSEG. The average analyst has a hold rating on the stock, but price targets imply an upside of more than 7% on average.

Persons: Savita Subramanian, Subramanian, FactSet, Piper Sandler, John Barnidge, Barnidge, AIZ, Newell, Canaccord, Brian McNamara, McNamara, Molson Coors, Bud, Invesco, — CNBC's Michael Bloom Organizations: Bank of America, Wall, Newell Brands, LSEG, destocking, Anheuser, Busch InBev, Bud Light, TAP BUD, Molson Coors, Busch Inbev, Molson, ZOA Energy Locations: U.S

☆ 'We're one gust of wind away from recession': A JPMorgan global strategy chief shares why the economy is still at risk despite rising optimism — and 3 places he's bullish on now
▼ + stars: | 2023-09-01 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

"We're one gust of wind away from recession," Kelly said. While he hasn't seen any cracks in that industry recently, he's wary of dismissing that as a risk, especially if interest rates climb further. The smartest investments to make now are in Europe, Japan, and emerging markets excluding China, Kelly said. But emerging markets are where many of the most tantalizing opportunities are, in Kelly's opinion. An exception within emerging markets is China.

Persons: JPMorgan's David Kelly, Kelly, David Kelly, Kelly inched, It's, hasn't, homebuilding, it's, he's Organizations: Asset Management, Fed, Federal, JPMorgan Asset Management, 19.9x, Japan's Nikkei Locations: Europe, Japan, China

☆ UBS names the stocks that will drag the European indexes down 10% this year
▼ + stars: | 2023-08-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

UBS has identified stocks at risk of dragging one of Europe's largest equities indexes lower by 10% by the end of this year. In addition, it said the consensus estimate of 11.9x for the forward price-to-earnings ratio is "too high" — another reason for stocks to fall. UBS screened for stocks with high volatility, negative earnings revisions already underway, and valuation multiples not yet in the single digits. The above table includes top performers in 2023 so far that may be both overcrowded and expensive, like luxury and semiconductor stocks, according to UBS. UBS also screened for more defensive, less volatile stocks that score well on its framework.

Persons: Gerry Fowler, — CNBC's Michael Bloom Organizations: UBS, Stocks, ASML, Siemens, Airbus, AstraZeneca, Novartis, Unilever, Iberdrola Locations: Europe, Swiss

☆ The minds behind JPMorgan's AI-driven ETF share the high-yielding strategy that's helped it beat 94% of its human-powered peers this year — and the 7 investments they're making now
▼ + stars: | 2023-08-22 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is dominating the competition. Of course, Reiner and his colleagues, Eric Moreau and Andrew Stern, aren't complaining about their fund's 22.6% rise in 2023. It's hard to poke holes in JPMorgan's growth-focused income ETF. JPMorgan's income-focused ETF uses an AI model that gathers and sorts through a treasure trove of information, especially financial statements, to help find suitable investments. Other than putting a premium on income and using AI to find standout stocks, a pair of traits that make JPMorgan's income ETF sing are its transparency and its liquidity.

Persons: Hamilton Reiner, Reiner, Eric Moreau, Andrew Stern, aren't, what's, it'll, Morningstar, —, I'm, Moreau, Stern didn't, they've, Bonds, — it's, it's, Moreau spotlighted, he's Organizations: JPMorgan Nasdaq Equity, Nasdaq, JPMorgan, NXP Semiconductors, NextEra Energy, NextEra Locations: Netherlands, Florida

☆ This energy equipment stock could soar as much as 35%, Wells Fargo says
▼ + stars: | 2023-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

This liquified natural gas equipment provider's stock could add more than 35% in value, according to Wells Fargo. The firm upgraded Chart Industries to overweight from equal weight Wednesday with a $224 per share price target, up from $162. GTLS YTD mountain Chart Industries stock has climbed more than 43% from the start of 2023. Chart Industries provides equipment used to produce and store liquefied natural gas and other industrial fuels. The company estimated $655 million to $705 million in cash can be used to slash its debt this year.

Persons: Roger Read, Howden, Read, — CNBC's Michael Bloom Organizations: Industries Locations: Wells Fargo, Howden

☆ The US stock market rally is unsustainable, but making these 20 international investments can lead to long-term profits, according to 3 fund managers with over $43 billion in combined assets
▼ + stars: | 2023-06-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

International stocks have underperformed for over a decade, while US growth names took off. However, foreign companies have attractive relative valuations and earnings growth. Why foreign stocks are more than just a good dealAnyone bullish on international stocks will almost always point to their valuations relative to US companies. Investors can get downside protection in this uncertain environment by buying international stocks that are high quality and can generate their own growth, Deladerriere said. And in addition to their rising earnings growth, the fund manager noted that the two pay sizable dividends.

Persons: they've, Nick Paul, Paul, Steve Gorham, who's, Gorham, Wes Crill, Crill, isn't, Alexis Deladerriere, Deladerriere, there's, Goldman, haven't, He's, it's Organizations: MFS Investment Management, Value, Vanguard, Index, Yahoo Finance, Dimensional Fund Advisors, Fund, Goldman Sachs International Equity Income, Goldman, Asset Management, Goldman Sachs, Management, HSBC, BNP, Schneider, MFS, Hitachi Locations: Europe, Asia, BlackRock, weightings, Gorham, Japan, London, Paris, Spanish, Ukraine, France, Australia, Taiwan

☆ The US Marine Corps' deadliest sniper might never have become one if it weren't for a wild night of drinking and a fake toothache, new book reveals
▼ + stars: | 2023-06-24 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

The deadliest sniper in Marine Corps history is Charles "Chuck" Mawhinney. But even as a Marine, Mawhinney couldn't completely shake his reckless behavior, and a night of drinking cost him his chance to be an aviator. Charles Mawhinney Marine CorpsThe night before an 8 a.m. exam to qualify for aviation training, Mawhinney's friends invited him to get tattoos. Mawhinney qualified for entry into the Marine scout sniper course because he'd already earned distinction as an expert marksman. Mawhinney Courtesy photoIn the middle of this particular dilemma, Mawhinney learned that a Marine sniper with Lima 3/5 needed a spotter.

Persons: Charles, Chuck, Mawhinney, —, Chuck Mawhinney, Jim Lindsay's, he'd, Charles Mawhinney, Mawhinney's, Lindsay, It's Organizations: Marine Corps, Service, Marines, Charles Mawhinney Marine Corps, Marine, Remington, Combat Valor Locations: Vietnam, Lima

☆ Raytheon gets $1.15 bln missile contract from US Air Force
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

June 20 (Reuters) - Raytheon Technologies (RTX.N) said on Tuesday it has received a $1.15 billion contract from the U.S. Air Force for its AIM-120 D-3 and C-8 AMRAAM (Advanced Medium Range Air-to-Air Missiles). Defense budgets have ballooned as the West rushes arms to Ukraine and beefs up funding for future development programs. The contract, which provides missiles to both the U.S. Air Force and Navy, will also supply AMRAAM to 18 countries, including Ukraine. This comes a day after the defense contractor was awarded a $264 million modification contract from the U.S. Navy to produce and deliver 571 short-range AIM-9X Sidewinder missiles. Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Nathan Gomes, Krishna Chandra Organizations: Raytheon Technologies, U.S . Air Force, AIM, Air Missiles, Defense, U.S . Congress, Navy, U.S . Navy, Thomson Locations: Ukraine, Bengaluru

☆ Here's our internal debate about what to do with stocks making all-time highs
▼ + stars: | 2023-06-16 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All of the following stocks hit all-time price highs Friday, except for Meta Platforms (META), which was a multiyear high. Apple P/E next 12 months (NTM) ratio: 29x 5 year Average P/E (NTM): 22.7x PEG (NTM) ratio: 2.9x 5 year average PEG (NTM) Ratio: 1.9x Apple 's (AAPL) valuation has gotten stretched in recent weeks, even when factoring in growth expectations. Meta Platforms P/E (NTM) ratio: 21.4x 5 year Average P/E (NTM): 21.2x PEG (NTM) ratio: 1.6x 5 year average PEG (NTM) Ratio: 2.2x Meta has been on an incredible run. Microsoft P/E (NTM) ratio: 31.7x 5 year Average P/E (NTM): 27.7x PEG (NTM) ratio: 2.5x 5 year average PEG (NTM) ratio: 2.1x Microsoft's run has seen its earnings-based valuation (P/E) expand, even when adjusting for growth (PEG). NVDA YTD mountain Nvidia YTD performance Nvidia has a history of beating estimates and ending up cheaper in hindsight.

Persons: Jim Cramer, Jim, we've, Rather, Eli Lilly P, Eli Lilly's, Eli Lilly YTD, Lilly, we're, Eli Lilly, Jim Cramer's, Michael Nagle Organizations: Nasdaq, Nvidia, Meta, Apple, UBS, Credit Suisse, Mounjaro, Microsoft, Palo Alto Networks, CNBC, Bloomberg, Getty Locations: —, Palo

☆ Here are Monday's biggest analyst calls: Apple, Tesla, Meta, Micron, Bowlero, Nike, Disney and more
▼ + stars: | 2023-06-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Oppenheimer reiterates Meta as outperform Oppenheimer raised its price target on the stock to $350 per share from $285 and said it's well-positioned. Deutsche Bank upgrades Rio Tinto to buy from hold Deutsche Bank said shares of the metals and mining company are very attractive. Morgan Stanley reiterates Disney as overweight Morgan Stanley lowered its price target on the stock to $110 from $120 but said it's standing by the shares. " Morgan Stanley downgrades Dollar General to equal weight from overweight Morgan Stanley said in its downgrade of Dollar General that it sees too many risks right now. Morgan Stanley upgrades Equitrans Midstream to overweight from underweight Morgan Stanley said the energy company is better positioned after the debt ceiling raise.

Persons: Tesla, Canaccord, Oppenheimer, it's, TD Cowen, Cowen, Bernstein, it's bullish, Needham, Coinbase, Morgan Stanley, Disney, KeyBanc, Jefferies, Wolfe, Wells, Wells Fargo, Estee Lauder, Morgan Stanley downgrades, Equitrans, Stifel, Brett Parker, JPMorgan Chase Organizations: U.S, Formula, Deutsche Bank, Rio Tinto, Disney, Media, Target, Costco, Jefferies, Oracle, Palo Alto Networks, Alpha, Citi, Micron, Wells Fargo, Nike, Bank of America, Apple, of America, Pipeline, Barclays, Meta, JPMorgan Chase, JPMorgan Locations: China, Rio, Lido, Binance, Palo, SKX

☆ Alex Roepers has nearly doubled the S&P 500's returns over 30 years by holding only a few stocks at a time. He told us how he nails the right picks — and detailed 4 bets he's making now.
▼ + stars: | 2023-05-15 | by ( James Faris | Akin Oyedele | ) www.businessinsider.com time to read: +4 min

Hedge fund manager Alex Roepers has scored a 3,500% return in the last 30 years. Here are four stocks that the top hedge fund manager is bullish on right now. Investors who think the S&P 500's 1,900% return over the past three decades is impressive must not be familiar with the work of hedge fund manager Alex Roepers. Those tenets set a high bar for what companies can qualify for inclusion in Roepers' fund. The hedge fund manager said he looks to enter investments when they're trading at 5x-6x EV/EBITDA or 7x-8x EV/EBIT, before exiting them at 8x-9x EV/EBITDA or 11x-13x EV/EBIT.

☆ Bitcoin’s chart has some eerie parallels to gold in the 1970s. What that means for it next
▼ + stars: | 2023-04-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

But about 50 years ago, gold did the same thing, Morgan Stanley said in a recent note. If bitcoin's current moves continue to follow those of gold in the 1970s, the cryptocurrency could be in for some tough times ahead. "Bitcoin, on a logarithmic scale, has so far followed a similar path to the price speculation of gold in the 1970s, which also seemed to follow a four year cycle." Starting in 1971, gold prices quadrupled within four years as the U.S. dollar money supply grew rapidly, the strategist said. At the end of March, that correlation fell to its lowest since 2021 , while bitcoin's correlation with gold has been climbing.

Citi thinks it's time to buy Steven Madden shares. Lejuez raised his rating on Steven Madden shares to buy from neutral. The analyst praised the company's "resilient business model" as another reason why he likes the stock. Steven Madden shares were up 2.5% Thursday morning during premarket trading. SHOO 1Y mountain Steven Madden stock —CNBC's Michael Bloom contributed to this report.

☆ This small bank is breaking out during the crisis, and Jefferies sees more to go
▼ + stars: | 2023-04-11 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

NYCB's stock has jumped more than 30% since then. NYCB 1M mountain Shares of NYCB jumped after the bank acquired some of Signature Bank. Jefferies analyst Casey Haire upgraded the stock to buy from hold, saying in a note to clients Tuesday that the deal for Signature diversified and strengthened NYCB's balance sheet. "Post the FDIC-assisted deal for SBNY, we like NYCB's [balance sheet] positioning given dramatic improvement in the liquidity profile as well as increased scale and diversification within the loan portfolio. "The cash-rich nature of the balance sheet (cash =23% of assets) enables mgmt.

☆ Bernstein says if you like gold, you should like bitcoin even more
▼ + stars: | 2023-04-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

It's "irrational" to like gold and dislike bitcoin at this point in the macro cycle, according to Bernstein. At the same time, the flagship cryptocurrency's correlation with gold has been climbing, while its correlation with stocks has declined, Bernstein found. "If you like gold here, you should like bitcoin even more … Gold and bitcoin correlation increases during the periods of crisis. And when there is a massive monetary debasement event, while both bitcoin and gold rally, bitcoin outperforms gold." "Liking gold, but not liking bitcoin, is like hating on a faster horse," they said.

How to earn American Airlines milesThere are myriad means of earning American Airlines AAdvantage miles. American Airlines AAdvantage® MileUp®While not as lucrative as some of the other available American Airlines credit cards, at least the American Airlines AAdvantage® MileUp® doesn't charge an annual fee. Earn miles flying American Airlines and boost your earning with elite statusAside from using co-branded credit cards, one of the best ways to earn American Airlines miles is to actually fly the airline and its partners. Earn miles flying American Airlines' partnersYou can also earn American Airlines miles on over a dozen airline partners. The best ways to redeem American Airlines milesAs with earning American Airlines miles, there are plenty of ways to use AAdvantage miles when the time comes.

Persons: CitiBusiness, Cardholders, gunning, Silver, That's, AAdvantage, American Airlines Miles Worth, you'll, Eric Rosen Eric Rosen, Condé Organizations: Business Insider, Citi, Mastercard, Citi ®, American Airlines, American, AA, oneworld, Barclays, Airlines, AAdvantage, American Airlines Admirals Club, AA itineraries, American Airlines oneworld, Alaska Airlines British Airways Cathay, Iberia Japan Airlines Malaysia Airlines Qantas Qatar Airways Royal Air Maroc Royal Jordanian Airlines S7 Airlines American Airlines, Air, Cape Air China Southern Airlines Etihad Airways Fiji Airways GOL Airlines Hawaiian Airlines, Virgin, British Airways, Etihad, Nike, Hyatt, Marriott Bonvoy, Marriott, Hyatt and American Airlines, Japan Airlines, Qantas, Cathay Pacific, Qatar Airways, Cathay, British, Eagle, Admirals Club, National Geographic, Bloomberg Locations: Iberia, Cape Air, Canada, Hawaii, Alaska, Europe, North America, Asia, Australia, East, Africa, Cathay Pacific, Hong Kong, Japan, China, South Korea, New Zealand, Los Angeles, Kenya, Laos

☆ Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more
▼ + stars: | 2023-04-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. This development would give U.S. government customers and industry partners access to enterprise-grade capabilities by Palantir and Microsoft. Western Alliance also said it has enough liquidity to cover the remaining uninsured deposits. Johnson & Johnson — Shares rose about 3%. Conagra Brands — The packaged goods food company rose 3% after topping Wall Street's expectations on the top and bottom lines for the recent quarter, according to FactSet.

☆ Google reveals its newest A.I. supercomputer, says it beats Nvidia
▼ + stars: | 2023-04-05 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

While Nvidia dominates the market for AI model training and deployment, with over 90%, Google has been designing and deploying AI chips called Tensor Processing Units, or TPUs, since 2016. On Tuesday, Google said that it had built a system with over 4,000 TPUs joined with custom components designed to run and train AI models. It's been running since 2020, and was used to train Google's PaLM model, which competes with OpenAI's GPT model, over 50 days. Google's TPU-based supercomputer, called TPU v4, is "1.2x–1.7x faster and uses 1.3x–1.9x less power than the Nvidia A100," the Google researchers wrote. For example, Google said that Midjourney, an AI image generator, was trained on its TPU chips.

☆ The US military has 6 new air-to-air missiles in the works
▼ + stars: | 2023-03-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +16 min

The US military has at least six new air-to-air missiles in active development. The US's current air-to-air missiles are effective, but they aren't designed for the newest US jets. Russia and China are fielding missiles with incredible rangeChinese-made PL-9C, left, and PL-5E air-to-air missiles at the Airshow China exhibition in November 2000. Peregrine Air-to-Air missileRaytheon's Peregine air-to-air missile has actually been around for a few years already. Modular Advanced Missile (MAM)The Modular Advanced Missile (MAM) is among the newest additions to this list.

☆ Buy large cap US bank stocks as there's no evidence of a systemic banking crisis, research firm says
▼ + stars: | 2023-03-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Investors should treat the collapse of Silicon Valley Bank as an opportunity to buy large cap US bank stocks, according to TS Lombard. The SPDR S&P Banking ETF, which mostly owns large cap US banks, has dropped 23% since the start of March, representing one of its swiftest declines on record. "The SVB crisis has meant a significant tightening in financial conditions, which, in effect, is having a similar impact to that of another Fed hike... However, the market reaction in the short term looks to be overdone; we tactically buy US large cap banks," Montgomery said. And the valuations on large cap bank stocks are not stretched.

☆ Here are Thursday's biggest analyst calls: Apple, Tesla, Target, Goldman Sachs, Meta, FedEx & more
▼ + stars: | 2023-03-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +12 min

Bank of America reiterates Goldman Sachs as buy Bank of America said the investment bank is "best-in-class." Bank of America reiterates Taiwan Semiconductor as buy Bank of America said the semiconductor company has "strong AI potential." Evercore ISI reiterates Meta as a top pick Evercore named Meta a top pick, noting it still likes the company's business model. " Evercore ISI reiterates Meta as a top pickEvercore named Meta a top pick, noting it still likes the company's business model. Oppenheimer reiterates Meta as outperformOppenheimer said it's standing by its outperform rating on Meta.

☆ Tesla's forecast means boom times ahead for lithium demand. Citi's top stocks to play the trend
▼ + stars: | 2023-03-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

We apply ~8x EV/EBITDA multiple to Energy Storage, ~9x to Specialties, and ~10x to Ketjen, all of which are in line with comparable peer valuations." Livent "Our $28 target price is based on a target EV/EBITDA of ~9.5x applied to our FY24 estimate. SQM "Our $92 target price is calculated using [sum of the parts] valuation on 2024E segment EBITDA. SQM's Lithium multiple is at a discount to LTHM as LTHM is a pure-play lithium hydroxide company. ... Our current price target assigns 3/90/7 weightings, respectively, to these three scenarios—yielding a $146 blended stock outcome."

Organizations: ~$

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