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☆ Ivana Delevska's technology ETF returned 88% in 2023, smashing 99% of similar funds. She shares 3 stocks she continues to bet on in 2024.
▼ + stars: | 2024-02-11 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

A frenzy around AI-adjacent stocks fueled the sector to robust gains: the Nasdaq Composite Index (IXIC) was up 43%, and the Technology Select Sector SPDR Fund (XLK) was up 56%. And yet, in addition to outperforming the broader market, Ivana Delevska’s Spear Alpha ETF (SPRX) managed to smash its peers in the tech sector. The fund was up 88% on the year and beat 99% of similar funds, according to Morningstar data . We were like the only ones buying it at the bottom, it really felt totally abandoned,” Delevska told Business Insider. 3 AI stocks to buyThe first is chipmaker Nvidia (NVDA).

Persons: Ivana Delevska’s, ”, “, ” Delevska, Delevska, they’re Organizations: Nasdaq, Technology, Alpha, Morningstar, Business, Citadel Asset Management, Nvidia, Palo Alto

☆ 'The trend is your friend': A professional trader who spotted last year's market rally early encourages investors to ride stocks to new highs — especially these 20 hot investments
▼ + stars: | 2024-01-27 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Advertisement"I don't want to doubt this market," Salama said. Stocks will pause soon but still have upsideFollowing a brief consolidation period in early January, the S&P 500 has taken off again and set a streak of record highs. Chances are, the S&P 500 will top out around current levels of 4,900, Salama said. Even if the S&P 500 takes a hit, Salama doesn't think it will be down for long. Within the consumer discretionary sector, Salama expressed interest in e-commerce, cloud computing, and media powerhouse Amazon ( AMZN ).

Persons: —, John Salama, wasn't, Salama, we've, Stocks, It's, Salama doesn't, Russell, he's Organizations: Service, Business, Dow Jones, Microsoft, Netflix, Nvidia, Devices, Apple, AMD, Communication, Healthcare Locations: what's

☆ CHART OF THE DAY: Technology stocks will grow to 50% of the S&P 500 amid a growing labor shortage, Fundstrat says
▼ + stars: | 2024-01-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Fundstrat's Tom Lee believes that the technology sector will one day make up 50% of the S&P 500. During periods of extended labor shortages, like during the 1950s, 1960s, and 1990s, technology stocks significantly outperformed the S&P 500. "Technology demand, in our view, will accelerate as companies seek to offset labor shortage," Fundstrat said. "The outperformance of technology during periods of labor shortage is substantial — and we believe the forecasted 2015 to 2047 [labor shortage] to benefit technology stocks," Fundstrat said in a recent note. "We like technology/FAANG $XLK $QQQ," Lee said, referring to the mega-cap tech stocks, the technology sector, and the Nasdaq 100.

Persons: Fundstrat's Tom Lee, —, Tom Lee, Fundstrat, Lee Organizations: Service, Technology, Nasdaq Locations: Fundstrat

☆ Some options trades for avoiding an asset bubble and other macroeconomic troubles
▼ + stars: | 2024-01-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

There are some trades for investors looking to avoid a possible asset bubble and other potholes that could be ahead. The standard 30-year fixed mortgage rate rose even further, a function of both the rising risk-free rate and the rising spread. Buying bonds has interest rate risk. Moreover, the spread between mortgage rates and Treasuries is unusually high. Risk-free rates stay static or even rise mildly, but if the spread narrows mortgage rates could fall, a tailwind for a mortgage portfolio.

Persons: There's, Murray Rothbard, Milton Friedman, Ben Bernanke, Bernanke's, Janet Yellen, Jerome Powell, Howard Marks, Charlie Munger, Berkshire Hathaway, Marks, Steve Eisman, Neuberger Berman, they've Organizations: Federal Reserve, Fed, Federal Reserve Bank, Vanguard Value, Technology, MBS Locations: U.S, deflate, Berkshire

☆ Friday's S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
▼ + stars: | 2023-12-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Five companies (Apple , Microsoft , Amazon , Nvidia and Alphabet ) make up about 25% of the S&P 500. Standard & Poor's estimates that nearly $13 trillion is directly or indirectly indexed to the S&P 500. The three largest ETFs (SPDR S&P 500 ETF Trust , iShares Core S&P 500 ETF , and Vanguard S&P 500 ETF ) are all directly indexed to the S&P 500 and collectively have nearly $1.2 trillion in assets under management. S&P 500: Apple and others will be for sale. In addition, three companies are being added to the S&P 500: Uber , Jabil , and Builders FirstSource .

Persons: It's, JD.com, Phil Mackintosh, Robert Jankiewicz Organizations: Nasdaq, Apple, Microsoft, Nvidia, Broadcom, Trust, Vanguard, Comcast, Exxon Mobil, Visa, Marathon Petroleum, P Global, Builders, Alaska Air, SolarEdge Technologies, CDW Corporation, Cola Europacific Partners, Roper Technologies, eBay, EBAY, Enphase Energy, Video Communications, Pfizer, Seagen, Technology, CNBC

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Industrials over tech? Gauging productivity play among AI ETFs
▼ + stars: | 2023-08-26 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

BOTZ has been a key beneficiary of the AI advance, garnering $594 million in inflows this year, according to FactSet. While many investors see AI as a tech play, Todd Sohn, ETF and technical strategist at Strategas Securities, believes that the benefit of industrials is an under-the-radar narrative worth taking a second glance at. And because data is what's driving AI, Maier said, larger companies like Amazon , Alphabet and Meta Platforms best retain that type of exposure. "Right now, [data] is what AI is, while we're trying to figure out where AI is going," he said. But for investors looking to diversify beyond the tech wave, Sohn affirmed that industrials are poised to benefit from the rise in AI-induced efficiency and productivity in robotics and automation companies.

Persons: Jon Maier, CNBC's Bob Pisani, Maier, it's, BOTZ, Todd Sohn, Sohn, " Sohn, AIQ, industrials Organizations: Robotics, Intelligence, Nvidia, Strategas Securities, Technology, Global Locations: BOTZ, U.S, outflows

☆ This could be the right time to buy these 'growth at a reasonable price' standouts, BMO says
▼ + stars: | 2023-07-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Chief investment strategist Brian Belski said in a July 26 note to clients that "growth at a reasonable price" stocks should be key holdings of the riskier portion of an investment portfolio. The so-called "GARP" stocks tend to have characteristics of both growth and value factors. "We have found through our work that GARP strategies tend to perform much better over longer periods than singularly focused growth or value strategies," Belski wrote. BMO defines "GARP" stocks as those with forward-looking price-to-earnings and price-to-earnings-growth ratios below the median of the S & P 500, while projected earnings growth is greater than the median S & P 500 value. As optimism about the U.S. economy has improved, the gap between earnings growth expectations for GARP companies and the broader market has shrunk.

Persons: Brian Belski, Belski, haven't, Michael Bloom Organizations: BMO Capital Markets, BMO, DXC Technology, PayPal, Schlumberger, Wall, Insurance Locations: U.S

☆ Goldman sees increased risk of a drawdown in tech stocks and tells clients to use this hedge
▼ + stars: | 2023-07-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

It's time for investors to hedge their bets on tech stocks after a dramatic rally through the first half of the year, according to Goldman Sachs. Arun Prakash from Goldman's derivatives research team said in a note to clients on Tuesday that tech stocks look wobbly and could be due for a pullback. "Our analysis suggests that S & P Technology stocks have become unusually crowded relative to macro assets, and we see increased risk of downside asymmetry. Put options give the holder the right to sell an asset at a pre-determined strike price, and a put option is out of the money when the strike price is below the asset's current market price. The fund does not hold some of the other Big Tech names, including Meta Platforms and Alphabet .

Persons: Goldman Sachs, Arun Prakash, Goldman's, Goldman, CNBC's Michael Bloom Organizations: P Technology, Technology, Apple, Microsoft, Nvidia, Big Tech, Meta

☆ Big investors sold tech stocks ahead of key earnings reports, Bank of America says
▼ + stars: | 2023-07-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Some of the market's biggest investors were taking risk off the table ahead of this week's busy slate of earnings reports and a Federal Reserve meeting, according to Bank of America. Strategist Jill Carey Hall said in a note to clients on Tuesday that last week the bank's clients sold historically high amounts of individual stocks. "Clients sold stocks in seven of the 11 sectors, led by Tech and Communication Services, with record weekly outflows from both sectors. XLK YTD mountain Tech sector funds like the XLK are outperforming in 2023. Several of the biggest tech and communications companies have earnings reports this week.

Persons: Jill Carey Hall, — CNBC's Michael Bloom Organizations: Federal Reserve, Bank of America, Tech and Communication Services, Comm, Tech, Microsoft, Federal

☆ Traders are wondering if now is the time for a summer market correction
▼ + stars: | 2023-07-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

After a string of up days, the old market leadership of technology and consumer discretionary is looking tired, and that is probably a good thing. Since 1950, August is the third-worst month for the S & P 500, while September is the worst month. That is "historically extreme," Todd Sohn from Strategas told me, though it is consistent with coming off major market lows. A torrid two-month rally has lifted the S & P Technology Sector (XLK) by 16%, but tech has mostly been for sale in the last few days. Still, for investors in the S & P 500, McClellan says no one should be surprised to see a summer correction in the next month or so.

Persons: Tom McClellan, Nate Geraci, Schwab, Todd Sohn, Strategas, John Murphy, Banks, Murphy, UnitedHealth, Johnson, Abbott, Ed Yardeni, McClellan Organizations: The, Growth, P Technology, Microsoft, Apple, Nasdaq, NVIDIA, Meta, Technology, Health Care

☆ This massive tech ETF just hit a new record high, but investors are still on the sidelines
▼ + stars: | 2023-07-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The excitement around artificial intelligence and the surprisingly strong U.S. economy has pushed one major tech ETF to a new all-time high, even as many investors remain skeptical of this year's rally. The Technology Select Sector SPDR Fund (XLK) closed at $178.24 per share on Monday, setting a new record high. So that strength is being reflected with the sector at a new high," Strategas ETF strategist Todd Sohn said in an email. The Vanguard Information Technology ETF (VGT) , which has nearly $54 billion in assets under management, has also seen outflows this year. The iShares U.S. Technology ETF (IYW) has brought in cash but still trails in overall assets with less than $14 billion.

Persons: Todd Sohn Organizations: Federal Reserve, Big Tech, Tech, Nasdaq, Vanguard Information Technology, Technology Locations: U.S

☆ Analyst Dan Ives sees tech stocks gaining another 15% in the second half, led by these A.I. plays
▼ + stars: | 2023-06-26 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

Technology analyst Dan Ives sees the rally in the industry's shares continuing in the second half, despite many calls on Wall Street that the gains are getting ahead of themselves. Ives disagrees and doesn't see this as a Dotcom Bubble moment but a "1995 Internet moment" with the boom from artificial intelligence only just beginning. "The 2nd, 3rd, and 4th derivatives of this AI Gold Rush are just starting to evolve for the tech landscape based on our recent work in the field." XLK YTD mountain S & P 500 tech sector so far in 2023 Ives sees tech stocks up another 12% to 15% in the second half. The analyst's two favorite stocks going into the second half are Microsoft and Nvidia, which are up 40% and 189%, respectively, so far this year.

Persons: Dan Ives, Ives, Rush Organizations: Communications, Microsoft, Nvidia, Wall

☆ CNBC Daily Open: Goodbye for now, default fears
▼ + stars: | 2023-05-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Progress on U.S. debt ceiling talks and a sign of health at one regional bank gave markets the confidence to rally Wednesday. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. PacWest, another regional bank, surged 21.7%, while the broader SPDR S&P Regional Banking ETF (KRE) rose 7.4%. Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ CNBC Daily Open: Farewell for now, default fears
▼ + stars: | 2023-05-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Progress on U.S. debt ceiling talks and a sign of health at one regional bank gave markets the confidence to rally Wednesday. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Progress on U.S. debt ceiling talks and a sign of health at one regional bank gave markets the confidence to rally Wednesday. PacWest, another regional bank, surged 21.7%, while the broader SPDR S&P Regional Banking ETF (KRE) rose 7.4%.

☆ What works best after the Fed pauses rate hikes
▼ + stars: | 2023-05-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

According to Trivariate Research's Adam Parker, that is emerging markets, technology stocks and real estate. The central bank, which has been increasing interest rates to combat inflation, hinted earlier this month its tightening cycle may be at its end. To evaluate the asset classes and sectors that should rally off the policy shift, Parker looked at 50 years of fed fund rates and identified periods where the central bank paused. Investors looking to play emerging markets can look at the iShares MSCI Emerging Markets ETF . To play a potential rebound in the sector, investors can look at the Real Estate Select Sector SPDR Fund .

As Wall Street gears up for another earnings season, analysts see some stocks better positioned than others for gains. Against this backdrop, CNBC Pro used FactSet data to screen for stocks that Wall Street analysts think have the largest potential upside heading into a new earnings season. And more than half of analysts covering Booking Holdings still rate it a strong buy or buy, according to Refinitiv data. BKNG YTD mountain Shares of Booking Holdings Another stock expected to outperform during earnings season is Paccar . Salesforce's earnings per share are estimated to climb by 24% over the next six months.

RBC Capital Markets anticipates that the next quarter could be choppy for stocks, but the firm shared its list of high-conviction names to navigate the volatility. With these concerns in mind, RBC shared a list of high-conviction stocks that it says are well-positioned to offer upside this quarter. Below are 10 of the names: Alnylam Pharmaceuticals and biotech engineering stock Boston Scientific are new additions to RBC's list of high-conviction names. RBC analyst Shagun Singh said Boston Scientific is "positioned to drive consistent double-digit EPS growth," with upcoming device launches and trial data readouts to act as catalysts. On the energy front, RBC named oil company Diamondback Energy as one of its top picks for the quarter.

Investors may want to look somewhere other than tech for safety, according to Morgan Stanley's Mike Wilson. Tech is the best-performing sector this year, up more than 20% and outpacing the S & P 500 's 7% advance. Recently, tech stocks got a boost after bond yields fell amidst volatility in the banking sector. Morgan Stanley looked for defensive stocks to own in a bear market. His 2023 S & P 500 target of 3,900 is also the third-lowest in CNBC Pro's Market Strategist Survey.

☆ Chart analysts see danger ahead as tech comeback starts to lose steam
▼ + stars: | 2023-03-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The recent comeback in technology stocks is beginning to lose its luster, and that could mean trouble for the broader market. "We think the clock is ticking on tech's absolute and relative performance, and expect it to catch-down to the rest of the market," Krinsky wrote. That's created a resistance range between 12,881 and 12,944 and a first support level within the 12,466-12,400 range. Suttmeier also sees promise in the fact that the Nasdaq has held support within range of its 11,695 mid-March low and 12,000. "If the NDX continues to hold this support, the US equity market can stabilize and build a bigger base," he wrote.

☆ Here are analysts' favorite tech stocks for 2023
▼ + stars: | 2023-01-11 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

The tech sector was hit hard last year as worries about economic weakness and the Federal Reserve's aggressive rate hike path to tame inflation weighed on companies. In particular, rising interest rates hurt the present value of the future stream of earnings for tech stocks. The Technology Select Sector SPDR Fund (XLK), a fund that corresponds with the tech sector of the S & P 500, dropped 28% in 2022. Still, there are some bright spots in the sector where Wall Street analysts see growth ahead. The stock gained nearly 45% in 2022 and could rise another 43% this year, according to the consensus price target from Wall Street analysts.

☆ An extremely reliable recession indicator just signaled that a downturn is coming. The top portfolio manager at a $232 billion firm breaks down what that means for stocks and investors — and shares 2
▼ + stars: | 2022-10-23 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Yields on 3-month Treasury bills and 10-year Treasury notes inverted last week. Peter Essele believes stocks will behave differently this time around, however. When people talk about an inverted yield curve as a recession harbinger, they're usually referring to the yield spread between 2-year and 10-year Treasury notes. But the inversion of yields on the 3-month bill and the 10-year note is a rarer occurrence, and therefore a better recession indicator, according to some economists. While 2-year yields rose higher that 10-year yields this past spring, yields on the 3-month note surpassed 10-year yields just this week.

☆ Top performing energy stocks may still be a buy based on their charts and earnings power
▼ + stars: | 2022-10-13 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

An ETF that mirrors the S & P technology sector has fallen 33% this year, while the ETF representing the energy sector is up 45%. On top of that, Strategas found that the energy sector is punching above its weight when it comes to earnings power. For instance, its 12-month trailing earnings weight among S & P 500 companies is more than double its S & P 500 market cap weight of about 5%. In the past 50 years, the sector has traditionally been about 11% of the S & P 500, he said. S & P energy earnings are expected to soar 121% in the third quarter, while total S & P 500 earnings are expected to grow just 4.1%, according to Refinitiv.

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