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☆ Automakers find a tax credit loophole to increase EV leasing and boost sales
▼ + stars: | 2023-05-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Buying a used Ioniq, which is produced in South Korea and Indonesia, wouldn't earn him $7,500 off through a federal tax credit. "I ran the numbers — what it would be without the leasing credit and with the leasing credit — and that kind of put me over the top and that was the main thing of why I went in that direction," he said. For a $50,000 EV and a 36-month lease, Chesbrough estimates the full $7,500 tax credit equates to $222 in monthly savings for a consumer. "It also allows them to level the playing field against competitors who get the full tax credit when purchasing." I wouldn't call it leveling the playing field," Watson said of leasing qualifying for the $7,500 tax credit.

☆ Why GM is killing the Chevy Bolt — America's cheapest EV — amid record sales
▼ + stars: | 2023-04-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNTA Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBCDETROIT — After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV was finally gaining traction for General Motors . The Bolt EV would start at $26,595, followed by the Bolt EUV at $28,195. A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department. Cherokee County Fire DepartmentStill, GM touted the Bolt EV as proof of the concept for its electric-powered future.

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTCommuters exit a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, US. Yet, even as layoffs in tech and beyond mount, employees are pushing back against leaders who issue return-to-office mandates. Companies that look to recreate a pre-pandemic way of working are going to be left behind when it comes to keeping and attracting the best talent. At the CFO meeting, she told a majority male group of finance leaders to look around the room. And believe me, if being in the office was going to work to get more women and people of color promoted, it would have happened already.

☆ Soft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023
▼ + stars: | 2023-02-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Here's what five Wall Street experts are saying about the fate of the economy this year. Here's what five Wall Street experts are saying about the fate of the economy this year. Jamie Dimon, JPMorgan CEOJamie Dimon REUTERS/ Larry DowningA soft landing is possible, but markets are facing some "scary stuff" ahead, according to the JPMorgan boss. Kevin O'Leary, "Shark Tank" investorKevin O'Leary Mark Davis / Staff / Getty Images"Shark Tank" investor Kevin O'Leary remained optimistic on the market in 2023, and made the case for a soft landing. "We may actually get what people keep saying is impossible … a soft landing.

☆ Wall Street puts Salesforce, Nvidia, Humana under the microscope. Here's our take.
▼ + stars: | 2023-02-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Club holdings Salesforce (CRM), Nvidia (NVDA) and Humana (HUM) are the subjects of fresh Wall Street research. The news: It's all about margins at Salesforce, Wells Fargo analysts wrote in a research note Tuesday. The news: Bank of America raised its price target on Nvidia stock to $255 per share from $215, while reiterating a buy rating. Regardless, the shift to accelerated computing , led by NVDA GPU, and away from conventional CPUs is structural," the analysts wrote. The sector's valuation is starting to "appear increasingly attractive," trading roughly 10% below its five-year-average forward earnings multiple, Oppenheimer analysts wrote in a note Tuesday.

☆ Disney CEO Bob Iger wastes no time putting turnaround plans in place after a solid quarter
▼ + stars: | 2023-02-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Bottom Line The Disney quarter had a lot to offer for the bulls. In the current quarter, management expects operating results to improve by $200 million, pegging losses at around $800 million, which is in line with estimates on Factset. By extension, Disney is reorganizing into three core business segments: Disney Entertainment, an ESPN division, and a Parks, Experiences and Products unit. Iger wants Disney to be more efficient, and he believes this overhaul will make for a more cost-effective and streamlined approach to its operations. Bob Iger, former CEO, The Walt Disney Company Scott Mlyn | CNBC

☆ Eli Lilly's post-earnings decline is creating a buying opportunity for long-term investors
▼ + stars: | 2023-02-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Eli Lilly (LLY) reported mixed fourth-quarter results Thursday morning, but we're looking through the stock's post-earnings sell-off because there's no change to the pharmaceutical giant's bright long-term potential. Bottom line There's definitely some noise surrounding Eli Lilly's results, including sales of its key diabetes drug Mounjaro. Eli Lilly began its rolling submission to the FDA in late 2022. None of them undercut the multiyear Eli Lilly investment story, making Thursday's stock sell-off an attractive buying opportunity. It is a "very complicated" process to make that kind of drug, Ricks said, so it cannot just scale up overnight.

☆ Eli Lilly's Alzheimer's drug hits a regulatory hurdle. But our belief in the stock isn't shaken
▼ + stars: | 2023-01-20 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Eli Lilly 's (LLY) attempt to receive accelerated regulatory approval for its Alzheimer's drug donanemab has been rejected. Eli Lilly said it will keep working with the FDA to "evaluate the fastest pathway" for donanemab to reach patients. Indeed, analysts at Barclays wrote in a note to clients Thursday that "we now see [accelerated approval] off the table." LLY 1Y mountain Eli Lilly (LLY) 1-year performance "It's definitely not a thesis-breaker," Bank of America analyst Geoff Meacham told CNBC on Friday. David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC

☆ What to watch for as J&J gets ready to split into two separate companies next year
▼ + stars: | 2022-12-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

During Monday's "Morning Meeting" for members, Jim Cramer said that J & J has the "best balance sheet in America." According to projections from J & J and rival Medtronic (MDT), the robotics market captures a low 2% to 3% of global procedures. In an economic slowdown, J & J is a solid name to own that can outperform the broader market. We also like that J & J has consistently raised its dividend. We rate J & J a 1 for the Club , meaning we would buy the stock at current levels given it aligns with our strategy.

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In this article DIS Follow your favorite stocks CREATE FREE ACCOUNTBob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBCDisney reappointed Bob Iger as its chief executive recently, abruptly replacing his hand-picked successor Bob Chapek, and giving Iger an early goal — find a new replacement during the next two years. Iger's attention has quickly turned to the other part of his mandate from the board — the immediate challenges facing Disney's business, such as the company's reorganization, cost structure and the future growth of its streaming business. He is the chairman of Disney's studio content and spearheaded the integration of Iger's acquisitions into Disney's overall content pipeline. D'Amaro is head of Disney's parks, experiences and products, the same position Chapek held before becoming CEO. Rebecca Campbell, who's currently in charge of Disney's international content and operations, is another candidate that Iger may favor, people familiar with the matter said.

☆ Bob Iger's fast start back as Disney's CEO is welcome news to shareholders like us
▼ + stars: | 2022-11-28 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company's current hiring freeze. As shareholders for the Club, we are pleased to see Iger taking steps to fix the missteps of his predecessor. The faster Iger can show improvement in terms of streaming profitability — or at least reduce losses in the near term — the faster we will see a turn higher in Disney's stock price. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Bob Iger, former CEO, The Walt Disney Company Scott Mlyn | CNBC

☆ Hyundai's best years in the U.S. are set to be tested by the Inflation Reduction Act
▼ + stars: | 2022-11-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

"I think what Hyundai, Kia and Genesis have done is they've really compressed that time frame. Sales of Hyundai and Kia vehicles have risen roughly 61% since 2010 to more than 1.4 million vehicles in the U.S. last year. LMC forecasts Hyundai's sales of all-electric vehicles are expected to represent 9.2% of the U.S. EV market this year. While sales are expected to grow that percentage is seen as the company's peak until at least 2024 or 2025, when the new Georgia plant is set to come online. Munoz said the new Georgia plant is expected to produce 300,000 vehicles annually, with the potential to reach 500,000 in the future.

☆ Bob Iger is back. He's the steady hand that Disney needs as CEO to get it back on track
▼ + stars: | 2022-11-21 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Iger has committed to serve two years as CEO and agreed to help the board develop his eventual replacement, according to Disney. The Club's take Iger will be the steady hand Disney needs in this critical moment. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Bob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBC

☆ Inflation forces mom and pop restaurants and chains like McDonald's to lean on their strengths
▼ + stars: | 2022-11-20 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

In response to that drop-off, both chains and independents are working to address the cost factor without alienating diners. Aaron Allen, founder and CEO of restaurant consultancy Aaron Allen & Associates, compared restaurant chains to oil tankers and independents to speedboats. Kate Bruce, owner of The Buttery Bar in Brooklyn, said she's been facing higher costs for everything from labor to cooking oil to energy. Portillo's restaurant chain CEO Michael Osanloo said independents do have greater flexibility when it comes to changing prices. Consumers care more about prices when they're visiting a chain restaurant, according to findings from a survey of roughly 2,400 U.S. consumers conducted by PYMNTS.

☆ Here's our November rapid-fire update on the stocks in Cramer's Charitable Trust portfolio
▼ + stars: | 2022-11-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

We think the stock has been hurt by a recent update to the company's reserve quantity. While we're big fans of the company's recent corporate governance cleanup , and we expect some near-term selling pressure associated with those efforts. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ One of our best-performing stocks lately reports earnings this week. Here's what to expect
▼ + stars: | 2022-11-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Overall, 77% of the 26 analysts who cover TJX rate the stock the equivalent of a buy, according to FactSet. Two big earnings themes When TJX releases fiscal 2023 third-quarter results after Wednesday's closing bell, it'll mark the first time the company will report earnings as a CNBC Investing Club name. TJX saw its pretax margin collapse to 0.3% during its pandemic-marred fiscal 2021, down from 10.6% in its prior fiscal year. Any indications of easing cost headwinds — especially on the freight side — should help support earnings growth into next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Why investors have jumped off the Carvana bandwagon
▼ + stars: | 2022-11-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

He touted the company's "landmark" second-quarter results on Aug. 5, 2021 that included the used car retailer's first-ever quarterly net profit. Analyst Adam Jonas cited deterioration in the used car market and a volatile funding environment for the change. Jonas said "a deterioration in the used car market combined with a volatile interest rate/funding environment" made for a "material risk" to the company. Used vehicle prices have so far remained steady, but that may not last long, as the wholesale costs continue to decline. The average used listing price for a used vehicle is stabilizing but remains near record highs of more than $28,200, according to Cox Automotive.

☆ We're increasing price targets on 3 of our stocks, including 2 crushing the boarder market
▼ + stars: | 2022-11-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Following our price target changes on eight Club holdings last month, we're updating three more Tuesday to reflect their recent quarterly earnings reports and outlooks. It's also worth noting that we have not adjusted our Lilly price target since competitor Biogen (BIIB) reported positive topline results from a study to treat early Alzheimer's. Halliburton (HAL): Club price target increasing to $44 per share from $40 This update comes about two weeks after the oilfield services provider reported a stronger-than-expected third quarter . THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Top Wall Street analysts pick these stocks to bet on during the market’s uncertainty
▼ + stars: | 2022-11-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

The market's cloudy picture is yet another reason for investors to maintain a long-term perspective as they pick out stocks. To that end, here are five stocks chosen by Wall Street's top professionals, according to TipRanks, a service that ranks analysts based on their past performances. Huron Consulting GroupThe next on our list of top analysts' favorite stocks is Huron Consulting Group (HURN), an operational and financial consulting firm. KAR Auction ServicesKAR Auction Services (KAR) provides a platform to auction used cars and offers salvage auction services in North America and the United Kingdom. Moreover, Rolland also believes Cirrus to be a potential buying target for Apple, which also depends on Cirrus' IC products.

☆ Forget about making money. Here’s what it takes to write a book
▼ + stars: | 2022-11-03 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

If you want an idea of how ridiculous the book publishing industry is, look no further than the proposed Penguin Random House-Simon & Schuster merger. Penguin Random House has said it would appeal. A 2018 survey of 5,067 authors conducted by the Authors Guild found that the median income of the authors surveyed had fallen to $6,080 in 2017. Earnings from book income alone was a paltry $3,100, indicating that authors were supplementing their incomes through speaking engagements, book reviewing, or teaching. The Authors Guild report notes the explosive growth of alternative ways for consumers to spend their time (video and streaming).

☆ We still believe in AMD's future potential, but near-term results make it difficult to see
▼ + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Advanced Micro Devices (AMD) reported fiscal third-quarter results that missed lowered expectations on after the closing bell Tuesday. Revenue in AMD's third-quarter increased 29% to $5.57 billion, missing estimates of $5.62 billion. Data center revenue remains resilient thanks to strong North American cloud demand, where AMD is strongest, while Embedded segment sales benefited from strong end market demand. While the long-term drivers of growth — cloud computing, gaming, and digitization — appear fully intact, the near-term issues must be resolved. Gaming revenue was $1.6 billion, up 14% year over year and also in line with estimates driven by higher semi-custom product sales.

☆ Eli Lilly's guidance cut is about the strong dollar, not weakening fundamentals, CEO says
▼ + stars: | 2022-11-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Eli Lilly — which generates about 40% of its sales overseas — largely attributed the guidance cut to the strong U.S. dollar. With three quarters already reported, Eli Lilly now expects full-year sales to range between $28.5 billion to $29 billion and adjusted per-share earnings between $7.70 to $7.85. New diabetes drug off to great start One of our biggest reasons for liking Eli Lilly is the company's new type 2 diabetes drug that's also shown promise as an obesity treatment . The drug is similar to one that Eli Lilly is working to treat the most common form of dementia. David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC

☆ How to analyze an earnings report — Part 5: A case study
▼ + stars: | 2022-10-11 | by ( Zev Fima | ) www.cnbc.com time to read: +23 min

In this case study, we can apply some of what we covered in Part 1 : The income statement; Part 2 : The balance sheet; Part 3 : Cash flow analysis; and Part 4 : The ratios. At the time, he still had over 2.3 million shares, nearly all of which were unvested. AMC's cash flow Let's finish by taking a look at the cash flow statement. What we really want to focus on is operating cash flow (line three), followed by capital expenditures and then free cash flow. Even in the fourth quarter, it didn't generate enough cash flow to cover the investing and financing outflows, not to mention capital expenditures.

☆ How GM plans to convince consumers to make the switch to electric vehicles
▼ + stars: | 2022-10-08 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +6 min

Scott Mlyn | CNBCWhen people think of electric vehicles, their minds typically jump to Tesla. GM plans to sell up to 175,000 electric vehicles to Hertz Global by 2027 – rentals are a key method to introduce more people to EVs without having to commit to a purchase. Over the years, GM has created other virtual showrooms like Chevy MyWay and Cadillac Live, but GM EV Live is the first EV-only showroom being offered by GM. Focus on all the in-car technology, not just EV technology GM is focused on advancing technology to create better and safer driving experiences along with sleeker models for EVs. Maintain core principles through EVs Wahl said one thing that has not changed is the underlying principles of marketing.

☆ JPMorgan's Erdoes: In this turbulent market, there are opportunities everywhere
▼ + stars: | 2022-09-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

watch nowIn this turbulent market, opportunities abound, according to JPMorgan's Mary Callahan Erdoes. Stocks have been trading in a bear market this year as investors navigate inflation, Federal Reserve interest rate hikes and talk of a potential recession. A black swan is an unexpected event that results in panicked selling, while a white swan is a predictable crisis that can be addressed. Specifically, Erdoes sees a tremendous amount of opportunity in China, although she admits the country's complex market might not be for everyone. On Wednesday, the Bank of England purchased U.K. bonds in an effort to calm the market chaos.

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