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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf March CPI is too hot, expect market volatility, says Kevin SimpsonKevin Simpson, Founder and Chief Investment Officer of Capital Wealth Planning, discusses inflation, rate cuts, and his latest portfolio moves.
Persons: Kevin Simpson Kevin Simpson Organizations: Wealth Planning
Instead, he focuses on a five-year time horizon to see how dividend growth is trending and pays attention to valuations. "You don't want to overpay for something just because it has an attractive history of increasing its dividend," Simpson said in an interview with CNBC. "The most important part is the dividend is increasing because the company has the earnings to support the dividend growth," Simpson noted. JPMorgan Chase has a five-year compound annual dividend growth rate of 10.3%, Simpson said. The last two names on his list have dividend yields under 1%, which means some investors may overlook them as dividend-payers.
Persons: Kevin Simpson, Simpson, doesn't, JPMorgan Chase Organizations: Dow Jones, Nasdaq, Wealth, CNBC, JPMorgan, Marathon Petroleum, Visa, Mastercard, Microsoft
I'm a dip buyer here, says Capital Wealth's Kevin Simpson
  + stars: | 2024-04-04 | 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 EmailI'm a dip buyer here, says Capital Wealth's Kevin SimpsonKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss finding value in the market pullback and his Q2 stock playbook.
Persons: Kevin Simpson Kevin Simpson Organizations: Wealth Planning
Trade Tracker: Kevin Simpson trims Broadcom and buys more IBM
  + stars: | 2024-03-08 | 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 EmailTrade Tracker: Kevin Simpson trims Broadcom and buys more IBMKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's 'Halftime Report' to discuss his latest moves in Broadcom and IBM.
Persons: Kevin Simpson Organizations: Broadcom, Wealth Planning, IBM
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCapital Wealth's Kevin Simpson breaks down buying opportunities in Apple on weaknessKevin Simpson, Capital Wealth Planning, joins 'Closing Bell' to discuss trimming Apple but looking for opportunities to buy on weakness.
Persons: Kevin Simpson Organizations: Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: The Investment Committee make some major portfolio movesKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to reveal his latest trades.
Persons: Kevin Simpson Organizations: Investment, Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCapital Wealth's Kevin Simpson offers his 5-star playbook into earnings seasonKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss his five-star picks into earnings season.
Persons: Kevin Simpson Organizations: Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's up to the economic data to determine if this market can push higher, says Kevin SimpsonKevin Simpson, Capital Wealth Planning Founder and CIO, discusses the key drivers for the markets.
Persons: Kevin Simpson Kevin Simpson Organizations: Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Top strategists and stock pickers share their 2024 market playbookThe S&P 500 ended 2023 with a bang, up 24% on the year despite persistent recession warnings, a regional banking crisis, widespread tech layoffs, and 'higher-for-longer' interest rates. Can the stock market momentum continue into 2024? Oppenheimer's John Stoltzfus, Requisite Capital Management's Bryn Talkington and Capital Wealth Planning's Kevin Simpson each break down their 2024 market outlooks and field stock-specific questions from CNBC PRO subscribers.
Persons: Oppenheimer's John Stoltzfus, Bryn, Kevin Simpson Organizations: Wealth, CNBC Locations: Bryn Talkington
There are plenty of stocks other than the so-called "Magnificent Seven" that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that make up the " Magnificent Seven " — Apple , Alphabet , Meta , Microsoft , Amazon , Nvidia and Tesla — each gained at least 48% last year. They make up about a quarter of the S & P 500's total market share. For one, software stocks such as Salesforce are adjacent to the Magnificent Seven, have done well and have a "very long trajectory," she said. The energy names Simpson owns are Chevron and ConocoPhillips .
Persons: Bryn Talkington, Bob Pisani, Talkington, Kevin Simpson, Simpson Organizations: CNBC, Microsoft, Nvidia, Tesla, Capital Management, Wealth, Broadcom, Cisco, IBM, Diamondback Energy, Chevron, ConocoPhillips
Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. To be sure, prices overall are higher in 2023 despite slowed price growth, with October's consumer price index climbing to 3.2% year-over-year. The figure remained flat on a month-over-month basis, signaling some holiday item prices may be slow to come down. Despite a dip in sporting goods prices, they continue to pace above 2019 levels. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season.
Persons: Theresa Forsberg, Jill Lizzo, Barbie, Walmart WMT.N, it's, , Christina Hennington, Vincent Alban, Jessica Ramirez, Jane Hali, Jeffrey Roach, Macy's, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: Bureau of Labor Statistics, Walmart, Reuters Graphics Reuters, REUTERS, Associates, LPL, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Wayback Machine, Thomson Locations: New Milford , Connecticut, New York's Harlem, Chicago , Illinois, U.S, New York
A child looks at toys in a Target store ahead of the Thanksgiving holiday and traditional Black Friday sales in Chicago, Illinois, U.S. November 21, 2023. Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season. Black Friday discounts are 30% to 50% at major retailers and could go deeper later in the season. "You're going to see margin compression and potentially lower sales," said Simpson, whose firm holds shares in Walmart and Home Depot.
Persons: Vincent Alban, Barbie, Walmart WMT.N, it's, , Christina Hennington, Jessica Ramirez, Jane Hali, Jeffrey Roach, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: REUTERS, Bureau of Labor Statistics, Reuters Graphics Reuters, Walmart, Associates, LPL, Wayback Machine, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Thomson Locations: Chicago , Illinois, U.S, Macy's, New York
Capital Wealth's Simpson: Don't see Fed cutting rates until 2025
  + stars: | 2023-11-09 | 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 EmailCapital Wealth's Simpson: Don't see Fed cutting rates until 2025Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss Simpson's expectations for the Federal Reserve's actions in 2024, how to manage a portfolio given his thoughts on the Fed and much more.
Persons: Wealth's Simpson, Kevin Simpson Organizations: Wealth Planning
S&P 500 futures ticked lower Thursday night after the broad-market index ended an eight-day run of gains. S&P 500 futures slipped by 0.1%, while Nasdaq 100 futures slid 0.2%. "The Fed's not cutting rates … We've got to prepare for a market that's going to have higher rates until the beginning of 2025," Simpson said. As the week winds down, the S&P 500 and the Dow are poised for modest losses of 0.3% and 0.5%, respectively. Wall Street will also be listening closely toward several remarks from central bank officials, which include San Francisco Fed President Mary Daly, Atlanta Fed President Raphael Bostic and Dallas Fed President Lorie Logan.
Persons: , Dow, Stocks, Jerome Powell, Kevin Simpson, he's, We've, Simpson, Mary Daly, Raphael Bostic, Lorie Logan Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Wynn Resorts, Federal, International Monetary Fund, Treasury, Wealth Planning, San Francisco Fed, Atlanta Fed, Dallas Fed Locations: Boston, San
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaterpillar stock falls after lighter Q4 revenue outlook. What the pros say to do nextJim Cramer, Kevin Simpson of Capital Wealth Planning and Stephanie Link of Hightower Advisors discussed Caterpillar after the company reported third-quarter results that beat expectations but forecasted 'slightly higher' revenue for the fourth quarter.
Persons: Jim Cramer, Kevin Simpson, Stephanie Link, Hightower Organizations: Caterpillar, Capital Wealth, Hightower Advisors
Goldstone was referring to a type of business-development company, an investment vehicle widely used in the private-credit market. The vehicle Condor allocated to is a slice of BlackRock's $81 billion private-credit business, which is part of the wider $317 billion alternative-assets platform. 'Size matters'In the summer, BlackRock executives teased out their focus on private credit and fixed income broadly during an investor-day presentation. BlackRock's string of private-credit developments adds up to a long-term bet that this dynamic will continue. "That, in essence, is the paradox of private credit."
Persons: David Goldstone, Goldstone, BDC, it's, hasn't, Rowe Price, Franklin Templeton, Blackstone, Axel Springer, Greg Greifeld, Greifeld, Tim Clarke, Rob Kapito, We've, Jim Keenan, BDCs, Keenan, Clarke, PitchBook, they're, Larry Fink, " Fink, Merrill Lynch, BlackRock, Jared Gross, J.P, Phil Tseng, BlackRock's, Gross, Morgan Organizations: Condor Capital Wealth Management, Condor, BlackRock, BlackRock doesn't, Federal Reserve, Fidelity, Apollo, KKR, Growth, BlackRock TCP Capital Corp, BlackRock Capital Investment Corp, Kreos, Barclays, Tennenbaum Capital Partners, Morgan, who's Locations: New Jersey, BlackRock, PitchBook, Banks, London
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm not scared by the numbers I'm seeing for Caterpillar, says Capital Wealth's Kevin SimpsonKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Halftime Report' to discuss Caterpillar's stock performance, its outlook heading into 2024, and more.
Persons: Kevin Simpson Kevin Simpson Organizations: Caterpillar, Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFutures traders need to neutralize positions when they are going bad, says Virtus' Joe TerranovaShannon Saccocia, Josh Brown, Steve Weiss, Joe Terranova and Capital Wealth Planning CIO Kevin Simpson join 'Halftime Report' to discuss investment committee rising rates slowing housing market transactions, the strength of retail sales and employment, and more.
Persons: Virtus, Joe Terranova Shannon Saccocia, Josh Brown, Steve Weiss, Joe Terranova, Kevin Simpson Organizations: Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpson: The markets' resiliency is primarily due to expectations of rate cuts in the near-termKevin Simpson, Founder and CIO of Capital Wealth Planning, discusses the trading day ahead and the moves he's making to his portfolio.
Persons: Kevin Simpson Organizations: Capital Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Capital Wealth's Kevin Simpson trimmed his Lockheed Martin's positionKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss the demand for high dividend stocks, the underperformance of General Mills, and more.
Persons: Kevin Simpson, Mills Organizations: Lockheed, Wealth Planning
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're not at the precipice of a cliff despite September slump, says Capital Wealth’s Kevin SimpsonKevin Simpson, Capital Wealth Planning founder and CIO, joins ‘Closing Bell’ to discuss investment opportunities amid declines in the market’s major averages this month.
Persons: Kevin Simpson Kevin Simpson, Bell Organizations: Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpson: Markets will continue to stall for the foreseeable futureKevin Simpson, Founder and CIO of Capital Wealth Planning, discusses inflation, the Fed, and the trading day ahead.
Persons: Kevin Simpson Organizations: Simpson, Markets, Capital Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is prematurely pricing in rate cuts, says Capital Wealth Planning's Kevin SimpsonKevin Simpson, Joe Terranova, and Jim Lebenthal join 'Halftime Report' to discuss the market response to this week's economic data, the performance of major averages in September, and the start of a UAW automotive workers strike.
Persons: Kevin Simpson Kevin Simpson, Joe Terranova, Jim Lebenthal
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bear case doesn't have legs to stand on, says Capital Wealth Planning's Kevin SimpsonKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to give his 5-star playbook heading into what is expected to be a tumultuous September.
Persons: Kevin Simpson Kevin Simpson Organizations: Wealth Planning
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig tech gains are needed for the market to move higher: Capital Wealth Planning's Kevin SimpsonJosh Brown, Jenny Harrington and Kevin Simpson join 'Halftime Report' to discuss the market impact of Apple's downward trend, searching for stability in equities outside of the Magnificent 7, and the importance of hedging with portfolio diversification.
Persons: Kevin Simpson Josh Brown, Jenny Harrington, Kevin Simpson
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