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☆ Explaining the relative calm of the stock market as the Fed hikes rates into a mini-financial panic
▼ + stars: | 2023-03-25 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

.SPX 1Y mountain S & P 500, 1-year So, are equities under-reacting to a badly contorted bond market, a potentially trapped Fed and faltering economy? This has allowed the S & P 500 excluding financials and real estate to outperform the headline index by a couple percentage points year to date. Microsoft alone has added some $240 billion in market value since that date, more than the entire market cap of the S & P 500 regional-banks sub sector. Only about 60% of the S & P 500 members are positive over the past six months even as the index is up 7.5%, a loss of internal energy. The flash S & P Global U.S. Composite PMI for March, reported Friday, was up to 53.3 from 50.1 the prior month and above the 49.5 forecast, a reading S & P says is consistent with around a 2% real GDP pace.

☆ Piper Sandler did a deep analysis of banks and says these are the ones to buy on the dip
▼ + stars: | 2023-03-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The repercussions from the ongoing banking crisis will take some time to play out, but Piper Sandler has names for investors to start sorting through among the wreckage. Even so, banks are dealing with tightening lending standards and rising costs that will continue to weigh on the sector. Still, some banks with strong deposit and liquidity characteristics can help investors find safe harbor, according to Piper Sandler. Here are three overweight-rated, mid-cap bank stocks that Piper Sandler highlighted: The analysts named SouthState Corporation to their list, saying they have confidence in the bank's ability to outperform peers because of its "strong low-cost, core deposit base." First Interstate BancSystem was named to the list because of its lower cost deposit base, its relatively insulated location, and its strong dividend yield.

☆ Buy these 24 quality stocks to safeguard your portfolio from higher interest rates, according to BMO Capital Markets
▼ + stars: | 2023-03-11 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 24 high-quality stocks to buy now to protect your portfolio from higher rates. But when the Fed's rate hikes fully go into effect, excess savings will dry up, and pent-up demand will fade. Labor market resilience and the Fed's latest messaging about the possibility of more rate hikes makes that dovish outcome "highly unlikely," Porter wrote. The Fed's interest rate decision — and potentially the economy's near-term future — hinges on how hot or cool inflation is in next Tuesday's report. BMO Capital MarketsBelow are 24 US stocks that currently have the best prospects for strong risk-adjusted returns, according to BMO.

☆ Worried about Alibaba’s share price slump? Analysts name 4 alternatives in China tech
▼ + stars: | 2023-02-02 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

No Chinese tech stock has generated as much excitement as Alibaba , one of the most recognizable names in the Chinese internet sector. More than 76% of analysts covering the stock rate it a "buy," giving it average upside of 31%, according to FactSet data. Kuaishou is rated buy or overweight by 94% of analysts covering the stock, who give it average upside of around 24.4%. It is rated buy by 88% of analysts covering it, and has average upside of 37.7%, according to FactSet data. Rounding off the list is food delivery giant Meituan , with average upside of 32.5%.

☆ Tech stocks lead market rally as last year's winners sink — listen to the 'Homestretch'
▼ + stars: | 2023-02-02 | by ( ) www.cnbc.com time to read: +7 min

WE HIT IT IN THE MORNING MEETINGAND TECH AND THE NASDAQ IS ONFIRE RIGHT NOW. THE STOCKS STARTED TO RALLY WHENHE SAID THAT DISINFLATIONARYPROCESS HAS BEGUN. AND WE ARE GOING TO BE PICKINGUP THE STOCKS AS THEY CONTINUETO GO OUT OF FAVOR, AND THENCATERPILLAR OF COURSE I TOUCHEDON. A LOT THAT ARE DOWN HEAVY TODAYAND OUT OF FAVOR, LOOK FOR US TOPOTENTIALLY PICK UP SOME OFTHESE. INTO THE WEAKNESS, I LIKE TO BUYTHE STOCKS OUT OF FAVOR, BECAUSEYOU GET SOME NICE MOVES WHENEVERYBODY RETURNS BACK TO THEM.

☆ Jeff Erdmann has been the best wealth advisor in the US for 7 years running. The Merrill Lynch pro told us how he's keeping clients' money safe with a recession on the way.
▼ + stars: | 2023-01-31 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Forbes has named Jeff Erdmann the best wealth manager in the US every year since 2016. Erdmann's group at Merrill Private Wealth Management oversees $14 billion in assets. Erdmann, who is coming up on his 40th year at Merrill Private Wealth Management, has been named the best wealth manager in the country by Forbes every year since 2016. In stocks, Erdmann says he remains committed to dividends and dividend growth. Erdmann says allocating to the right sectors is vital, and right now, it's not clear what parts of the market offer the best long-term opportunities.

☆ Morgan Stanley cuts year-end dollar forecast
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +1 min

Jan 16 (Reuters) - Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback's weakness to be more pronounced against the euro this year as worries about the severity of an economic downturn start to ease. They previously saw the index , which weighs the U.S. currency against a basket of six major rivals, ending 2023 at 104. The dollar index was trading at 102.4 around 1330 GMT on Monday. The Wall Street bank now sees the euro strengthening against the dollar to 1.15 by year-end versus a previous forecast of 1.08. The bank's previous year-end forecast for the yuan was 6.80.

☆ Buy these 16 oversold stocks that should become winners in a painful earnings season for markets, according to Wall Street firm Evercore
▼ + stars: | 2023-01-10 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Julian Emanuel at Evercore says stocks performed very well over the last two quarters. However, he says oversold, steady-earning stocks could still trade higher after earnings. Investors won't walk away from 2022 with a lot of happy memories, but Julian Emanuel of Evercore ISI says there were two surprisingly positive periods for stocks in an otherwise difficult year. The reason, he wrote, is because investors thought things might get even worse, and stocks and bonds were both oversold as a result. But he doesn't think that will happen again, which means he thinks this earnings season will be harder to endure.

☆ Here's how to invest before markets reach a key pivot point in 2023, according to iCapital's chief investment strategist
▼ + stars: | 2023-01-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

The stunning plunge in asset prices, however, has created a promising entry point for investors, Amoroso told Insider. Markets moves will likely be muted in the coming months as the economy endures slowdown and the central bank brings the Federal Funds rate higher, she explained. The second half of this year, though, will be a key pivot point once the terminal rate is higher than core PCE inflation. "The times you want to invest," according to Amoroso, "is when economic data is falling apart, not surging." "We like private credit because amid the pullback in public markets, the banks are not as eagerly lending to companies," Amoroso said.

☆ Bank of America's top 2023 picks include an under-the-radar tech stock
▼ + stars: | 2023-01-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors looking for somewhere to park their money in the new year may want to consider these top stock picks, according to Bank of America. The bank outlined 11 of its favorite names for 2023 in a note to clients Wednesday. Some names, however, may be better positioned to ride out the volatility, according to the Wall Street firm. As uncertainty lingers, here are some of the names Bank of America recommends: One under-the-radar pick is Analog Devices , a semiconductor stock that sold off about 7% in 2022. Another 2023 name to buy is health-care stock Humana , which outperformed in 2022 as investors flocked toward safe-haven sectors.

☆ 'Tenbagger' stocks that Wall Street believes can keep going next year
▼ + stars: | 2022-12-29 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Additionally, Wall Street analysts are bullish on the stocks, with price target upside of 10% or more and long-term earnings growth estimates of at least 20%. The stock has returned more than 10,000% over the past decade, and Wall Street sees long-term earnings growth of more than 60%. Enphase has gained more 45% in 2022 despite investor interest in solar-related stocks cooling this year. The name on the list with the highest approval rating on Wall Street is Monolithic Power Systems , with a buy rating from roughly 87% of analysts. Wall Street analysts see upside of about 36% for the stock.

Following Monday's trade, Jim Cramer's Charitable Trust will own 2,225 shares of Halliburton, decreasing its weighting in the portfolio to about 3% from 3.38%. Energy stocks are early outperformers Monday, trading slightly higher at the initial open despite broad weakness in equity markets. West Texas Intermediate (WTI) crude — the U.S. oil benchmark — has climbed more than 5% over the past week, trading at roughly $81 a barrel in midmorning trading Monday. The latter stock in particular has climbed significantly over the past few months, rallying from roughly $25 a share in late September, to $38.45 a share as of Monday morning. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ The traditional December bounce for stocks may be more elusive, but it’s still possible
▼ + stars: | 2022-11-30 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

In those years, December was just the fourth best month, with the S & P 500 rising 1.35% and gaining 68% of the time. As the S & P 500 exits November, it is down about 17% this year. The S & P 500 could mirror some of the other very negative years. For instance, the S & P 500 was down 18.5% through November in 2002, and then bottomed in March 2003, gaining 26.4% that year. Watching key levels In order to confirm a bullish cycle, Suttmeier said the S & P 500 needs to regain the 40-week moving average at 4,033.

☆ Black Friday was better than feared for retail stocks — Two potential big winners
▼ + stars: | 2022-11-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Black Friday was better than expected for retailers this year, with discount names Walmart and Costco poised to be among the season's winners, according to Bank of America. The big-box retailer made significant price investments to offer deeper discounts and traffic appeared very strong in stores, Ohmes noted. "Specialty retailers appeared to be relative winners while we observed decent trends across the discounters and department stores," said analyst Krisztina Katai. Morgan Stanley also called out strong traffic results for Lululemon and American Eagle, as well as Abercrombie & Fitch and Victoria's Secret. "These strong traffic results were achieved despite 1) similar or lower y/y discounting levels, & /or 2) discounting activity below total sector averages.

☆ Stocks making the biggest moves midday: Abercrombie & Fitch, Disney, Best Buy, Zoom and more
▼ + stars: | 2022-11-22 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street's revenue forecasts for the third quarter and posted unexpected quarterly profit. Deutsche Bank reiterated the stock as buy and said it doesn't see any meaningful changes coming to its direct-to-consumer strategy. Best Buy – Best Buy's stock surged 11% after the consumer electronics retailer beat Wall Street's estimates and maintained its outlook for the holiday period. Demand remains below its pandemic heights, but Best Buy indicated its faring well even as inflation weighs on consumers' pockets. The stock slipped even after the company beat top and bottom line estimates for its latest quarter and better-than-expected comparable store sales.

☆ A year out from Nasdaq's peak, it's been brutal for tech stocks and the pain's not over
▼ + stars: | 2022-11-18 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

"Leadership has shifted away from the tech sector and FANMAG. Two major challenges for tech names Clissold said the tech sector is facing two major challenges. Stockton said the peak in the Nasdaq last November was also the peak of its outperformance versus the S & P 500. The tech sector outperformed the S & P 500, but it was the materials sector that led the index higher, up about 19%. However, the S & P 500 has been up just 20%.

☆ Dollar rebounds as Fed officials say hikes to continue; yen slumps
▼ + stars: | 2022-11-15 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The dollar index , which measures the currency against six counterparts including the yen, euro and sterling, edged 0.03% higher to 107.00 early in the Asian day. The index held onto gains made on Monday when it rebounded from a three-month low of 106.27 hit on Friday. The dollar gained 0.34% to 140.40 yen , adding to its 0.84% overnight rebound from a 2 1/2-month low of 138.46. The euro was little changed at $1.03215 following its retreat from a three-month high of $1.0364. The offshore Chinese yuan was little changed at 7.0461 per dollar, after hitting a more than five-week high of 7.0200 in the previous session.

☆ One year after Nasdaq peak, growth stocks have tumbled and crypto has broken — where to from here?
▼ + stars: | 2022-11-12 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

The Nasdaq record came just ten days after Bitcoin's apex near $67,000, a moment when total cryptocurrency market value topped $2.8 trillion. Those numbers today are under $17,000 for Bitcoin and the crypto market cap is around $800 billion, down 70%-plus. Just days after the November 2021 Nasdaq high, Federal Reserve Chair Jerome Powell abruptly and publicly shifted his rhetoric on inflation and monetary policy, endorsing a much faster removal of stimulus than previously indicated. In the 18 months leading to the March 2000 Nasdaq peak, the index more than tripled. One year after the March 2000 Nasdaq peak, with the index down some 60%, the Nasdaq 100 still had a forward price/earnings ratio above 50.

☆ Stocks making the biggest moves midday: Walgreens, Coinbase, Duolingo, Ralph Lauren and more
▼ + stars: | 2022-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Walgreens — Shares rose 6% after an upgrade to buy from hold Deutsche Bank, which said it liked Walgreens' merger and acquisition plans. Duolingo — Shares of the foreign language learning platform lost 10% after the company reported revenue below expectations while also posting a smaller-than-expected quarterly loss. Wynn Resorts — The casino stock jumped more than 8% after China said it would ease some Covid restrictions, trimming quarantine time for international travelers by two days. General Motors — The automotive giant's stock jumped more than 6.3% after Citi reiterated the company as a top pick.

☆ A fund manager with 50 years' experience is beating the S&P 500 this year. How he did it and the stocks he's watching
▼ + stars: | 2022-11-06 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

That bear market perspective is setting the Wall Street veteran apart in a bleeding red year for the stock market. Kornitzer said the fund could buy in again, depending on how they move in the bear market. The Buffalo flexible fund currently holds 57 stocks, with Microsoft as its largest position, accounting for 7.5% of the portfolio. Calling it an "odd creature," he said the Buffalo fund has moved from being thought of as a "60/40" fund split between stocks and bonds, to pure equity. A bear market doesn't have to be devastating, he said, if you can find hidden value stocks amid the carnage.

☆ Stocks may have rallied, but the bear market isn't over just yet. Here are the 5 stock market sectors where investors can still find profits amidst a global growth slowdown, says the CIO of a $13.5 bi
▼ + stars: | 2022-10-30 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Despite a recent rally, RBA's Dan Suzuki says the bear market is far from over. In former market bottoms, investors who waited profited more than those who bought early, he said. Suzuki shared 5 sectors to invest in to position against slowing growth while still making returns. "There's always a chance that the bear market is over, but it seems unlikely in my view," he told Insider recently over email. But investors would be better served if they considered a more holistic view, Suzuki explained on the October 24 segment of CNBC's "Closing Bell."

☆ Analysts think the biggest stock winners this week are set to cool off — except two
▼ + stars: | 2022-10-28 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Analysts expect that this week's biggest winners will cool off from here, with the notable exception of just two stocks: Centene and IQVIA. However, the majority of those names are set for single-digit gains, according to consensus estimates on FactSet. What's more, the health care stock has a buy rating from a majority of analysts, and is forecasted to advance nearly 20%. Another health care stock, IQVIA , jumped 14% this week. Enphase surpassed profit and sales expectations this week, according to consensus estimates from FactSet.

☆ Investors should swap these 39 big portfolio losers for more promising counterparts to cut their tax bills and position themselves for bigger profits, Wall Street firm Evercore says
▼ + stars: | 2022-10-23 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

As the year ends, investors will start to incorporate tax loss harvesting into their strategies. Selling some stocks at a loss can allow investors to defer taxes on more successful positions. Julian Emanuel at Evercore explains what to sell at a loss, and what to swap in for 2023. The stock and bond markets have given investors headaches this year, but as 2022 comes to a close, at least their losses can give investors a tax break. Below are the stocks Evercore thinks investors should use as tax loss targets, and those they think investors should swap them out for.

☆ William Blair's Jed Dorsheimer offers his favorite 'outperformers' in the chips sector
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWilliam Blair's Jed Dorsheimer offers his favorite 'outperformers' in the chips sectorJed Dorsheimer of William Blair joins 'Closing Bell' to discuss the rebound in chip stocks.

☆ This week's best-performing stocks include two pharma names analysts expect will rally from here
▼ + stars: | 2022-10-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Some of the biggest stock winners in this week's volatile market action included two big pharmaceutical names analysts expect to rally in the months ahead. To scope out this week's market outperformers, CNBC Pro screened for S & P 500 stocks with the best week-to-date gains. Though only 32% of analysts have a buy rating on the stock, the consensus price target suggests shares can rally another 64.2%. Despite slumping about 36% this year, shares are poised to rally 15% based on the consensus price target. About 38% of analysts say PepsiCo is worth buying, with shares expected to rise 6.4% — based on the consensus price target.

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