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☆ 'Generate income without a paycheck': This investing strategy can make you money while you sleep
▼ + stars: | 2024-02-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Financial sites across internet will tell you how you can earn passive income, but let's be honest — a lot of what's touted as passive income isn't actually passive. If you want to generate income that's truly passive, consider dividend investing. The goal for many users of his site, old and young, says Bollinger: "Generate income without a paycheck." That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000. Dividend income strategies to consider

Persons: Brian Bollinger, Bollinger Organizations: Simply

☆ These dividend stocks are poised for a rebound, according to BMO
▼ + stars: | 2024-02-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Dividend stocks have come under pressure in today's higher interest rate environment as investors have turned to bonds with juicy yields. They all have a next-twelve-months price-to-earnings ratio lower than the index and a dividend yield higher than the index. It has a 4.3% dividend yield and has gained about 1% year to date. Another utility play, Exelon , has a 4% dividend yield and is also up less than 1% so far this year. Lastly, investment banking giant Morgan Stanley has slipped nearly 9% so far this year and has a 4% dividend yield.

Persons: Brian Belski, Belski, Hunter C, Gary, Exelon, Gilead, Morgan Stanley, Ted Pick, — CNBC's Michael Bloom Organizations: BMO Capital Markets, American Electric, American Electric Power, Icahn Capital, Gilead Sciences, Therapeutics Locations: U.S

☆ Buy these 17 cheap, high-yielding stocks that are poised for a rebound, according to BMO Capital Markets
▼ + stars: | 2024-02-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Read previewInvestors can now get paid to buy and hold cheap stocks that are ready for a revival anyway. However, the group has disproportionately suffered under the weight of higher interest rates. He added: "We believe it could be an opportune time for investors to consider adding exposure to YARP stocks within portfolios." BMO Capital Markets"These trends provide another layer of support for YARP stocks to outperform in the coming months," Belski wrote. BMO Capital Markets17 reasonably priced stocks with strong yieldsBelow are 17 outperform-rated stocks that have a cheaper forward earnings multiple, as well as a higher dividend yield and higher growth rates than their index, according to BMO Capital Markets.

Persons: —, Brian Belski, Belski Organizations: Service, Companies, BMO Capital Markets, Business, BMO, Markets Locations: Montreal

☆ The market is still trying to figure out what normal looks like, says BMO Capital’s Brian Belski
▼ + stars: | 2024-02-16 | 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 EmailThe market is still trying to figure out what normal looks like, says BMO Capital’s Brian BelskiBrian Belski, chief investment strategist at BMO Capital Markets, joins ‘Squawk on the Street’ to discuss his 2024 price target of 5,100 for the S&P 500 and more.

Persons: Brian Belski Brian Belski, Squawk Organizations: BMO, BMO Capital Markets

NEW YORK (AP) — David Bouley, the award-winning and frenetic chef whose idiosyncratic haute cuisine and crusty breads pleased critics and the public during a career chasing sleek deliciousness, has died. Bouley died of a heart attack Monday at his home in Kent, Connecticut, according to Lisa Queen, his literary agent. Other restaurants he worked in include Danube, Bouley Bakery, Upstairs at Bouley, Bouley at Home, Secession and Brushstroke, a collaborative effort with the Tsuji Culinary Institute in Osaka, Japan. Danube and Bouley Bakery each earned two Michelin stars. The restaurant Bouley — which famously had a foyer filled with apples — closed in 2017 after 30 years and several location changes, earning a three-star from the New York Times the year previously.

Persons: — David Bouley, Bouley, Lisa Queen, Daniel Boulud, Alain Ducasse, Jean, Georges Vongerichten, “, ” Bouley, Roger Vergé, Paul Bocuse, Joel Robuchon, Gaston Lenôtre, Frédy, Le Périgord, The New York Times —, Brushstroke, Dan Barber, Eric Ripert, Christina Tosi, César Ramirez, Amy Scherber, Alex Ureña, Anita Lo, Galen Zamarra, Kurt Gutenbrunner, Brian Bistrong, Bill Yosses, James Beard, Nicole Bartelme, ___ Mark Kennedy Organizations: Wine Spectator, Beaujolais, New York Times, Sorbonne, Basque, The New York Times, Tsuji Culinary, Michelin, James, James Beard Foundation Locations: Kent , Connecticut, American, Storrs , Connecticut, Cape Cod , Massachusetts, Santa Fe , New Mexico, France, Switzerland, Le, La, Tribeca, Manhattan, Osaka, Japan, America

☆ What it’s really like to go to the Super Bowl
▼ + stars: | 2024-02-10 | by ( Harmeet Kaur | Scottie Andrew | ) edition.cnn.com time to read: +14 min

The person who attended the Super Bowl nine timesMike Quackenbush has been to the Super Bowl nine times — but he didn’t personally pay for tickets because, technically, he was there on business. It’s a great event and I was super lucky to go all those years.”The first-time Super Bowl attendee who went during the pandemicChelsea Bear was all smiles at the 2021 Super Bowl. Lennox McLendon/AP Most rushing yards in a Super Bowl: Washington quarterback Doug Williams won the Super Bowl MVP award in 1988, but rookie running back Timmy Smith set a Super Bowl record that year with 204 rushing yards against Denver. Ezra Shaw/Getty Images Longest pass in a Super Bowl: Carolina wide receiver Muhsin Muhammad caught an 85-yard touchdown pass from Jake Delhomme during Super Bowl XXXVIII in 2004. Paul Sancya/AP First score in Super Bowl history: In the first quarter of what we know now as Super Bowl I, Green Bay Packers wide receiver Max McGee scored a touchdown on a 37-yard pass from Bart Starr.

Persons: who’ve, who’d, —, he’d, Mike Quackenbush, didn’t, Quackenbush, Washington Redskins —, ”, he’ll, Peyton Manning’s, it’s, It’s, Bear, Chelsea Bear, Chelsea Bear’s, Chloe, ” Bear, couldn’t, Tom Brady —, I’ll, San, Judy Abad, “, Steve Young, Tom DiPace, Tom Brady, Brady, John David Mercer, Jerry Rice, Lennox McLendon, Doug Williams, Timmy Smith, Bob Galbraith, Rod Martin, Jeff Roberson, Bill Belichick, Belichick, Al Bello, Baltimore's Jacoby Jones, Ezra Shaw, Muhsin Muhammad, Jake Delhomme, Brian Bahr, Willie Parker, Paul Spinelli, Pittsburgh's James Harrison, Kurt Warner, Leon Lett, Lett, Buffalo's Don Beebe, Rick Stewart, Manny Ramirez, Peyton Manning, Denver's Knowshon Moreno, Paul Sancya, Max McGee, Bart Starr, McGee, Neil Leifer, Scott Norwood, Phil Sandlin, Abad, ” Abad, Mike Ryan, Chris Jeter, Ryan, Patrick Mahomes wasn’t, “ I’d Organizations: CNN, Super, Kansas City Chiefs, San Francisco 49ers, NFL, Super Bowl, NFL Players Association, Bowls, Washington Redskins, Buffalo Bills, Chelsea, Chiefs, Tampa Bay Buccaneers, South Florida, Bucs, New England Patriots, Philadelphia, Patriots, Atlanta, USA, Cincinnati, Famer, Washington, Denver, Oakland, Raiders, Philadelphia Eagles, New, New York Giants, Ravens, San Francisco, Getty, Pittsburgh, Dallas Cowboys, Rose, Green Bay Packers, San, 49ers, Buffalo, Bills, Kansas City, Bowl, I’m Locations: Tampa, San Francisco, Diego, Francisco, New England, Carolina, Denver, Seattle, Kansas, Miami

☆ These are the 25 cheapest stocks in a top-heavy market with limited upside and a historically strong chance of suffering from a correction: BMO
▼ + stars: | 2024-02-08 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

The same is true for the argument that the S&P 500 is already on the doorstep of even the most ambitious year-end price targets. BMO Capital Markets"The S&P 500 almost always experiences a technical correction at some point during the second year of bull markets historically," Belski wrote. Even if there's a typical 10% correction exacerbated by weakness in mega caps, Belski wrote that stocks can remain resilient. "Underlying leadership patterns are likely to be very different this year, with significantly more participation coming from non-mega-cap stocks," Belski wrote. BMO Capital MarketsBelow are the 25 cheapest stocks in the S&P 500, according to BMO Capital Markets, sorted by the lowest forward price-to-earnings (P/E) ratio.

Persons: Brian Belski, Belski, he's, they'll Organizations: Business, BMO Capital Markets, BMO Capital Markets BMO, BMO, BMO Capital Locations: Montreal

☆ Brian Belski makes big trades on Snap, Chesapeake Energy, DoorDash, Gilead, and UnitedHealth
▼ + stars: | 2024-02-07 | 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 EmailBrian Belski makes big trades on Snap, Chesapeake Energy, DoorDash, Gilead, and UnitedHealthBrian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to break down his latest trades.

Persons: Brian Belski Organizations: Chesapeake Energy, BMO Capital Markets Locations: Gilead

☆ Steve Weiss buys more Uber
▼ + stars: | 2024-02-07 | 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 EmailSteve Weiss buys more UberSteve Weiss, Joe Terranova and BMO's Brian Belski join CNBC's 'Halftime Report' to weigh in on his latest Uber trade.

Persons: Steve Weiss, Joe Terranova, BMO's Brian Belski, CNBC's

☆ Final Trades: West Pharma, Sonos, Thermo Fisher and TransDigm
▼ + stars: | 2024-02-07 | 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 EmailFinal Trades: West Pharma, Sonos, Thermo Fisher and TransDigmToday’s “Halftime Report” Investment Committee, Steve Weiss, Joe Terranova, Brian Belski and Karen Firestone give their top picks to watch for the second half.

Persons: Today’s, Steve Weiss, Joe Terranova, Brian Belski, Karen Firestone Organizations: West Pharma, Investment

CNN —A medical examiner on Tuesday released the manner of death for a baby whose mother accused a Georgia hospital and others of decapitating during delivery, ruling it a homicide. The Clayton County, Georgia Medical Examiner’s office said the baby died from a broken neck and the baby’s head was detached, according to a news release shared with CNN. Ross went into labor on July 9 and her doctor attempted to deliver the baby using various methods, including “applying traction to the baby’s head,” the lawsuit says. Ross says the doctor “grossly” and “negligently applied excessive traction” on her baby’s head and neck, the complaint says. Everyone we have consulted has never seen a situation like this before,” Clayton County Medical Examiner’s Director Brian Byars told CNN on Tuesday.

Persons: Jessica Ross, Isaiah Taylor Jr, Trevon Isaiah Taylor Sr, Ross’s, Ross, “, negligently, ”, Taylor “, Brian Byars, CNN’s Nick Valencia Organizations: CNN, Southern Regional Medical, Southern Regional Medical Center, Clayton County Police Department Locations: Georgia, Clayton County , Georgia, ”, Riverdale, Atlanta, Clayton County, Clayton

BOSTON (AP) — Getting the chance to host seven matches for the 2026 World Cup was more than expected and offers a much-needed shot in the arm to the city’s economy, Boston officials said Monday. Among the seven matches that will be played at Gillette Stadium in the Boston suburb of Foxborough will be five group stage matches, one match in the round of 32 and a quarterfinal match on July 9, 2026. I don't think FIFA could have done a better job.”Martha Sheridan, president & CEO of Meet Boston, said “nothing compares” to hosting World Cup matches. Foxborough hosted games at the 1994 World Cup, but Gillette Stadium is a different venue, built near the old Foxboro Stadium. Foxborough also hosted matches during the 1999 and 2003 Women’s World Cup.

Persons: —, Mike Loynd, “, ”, it's, ” Martha Sheridan, Foxborough, Sheridan, COVID, ” Sheridan, Brian Bilello, ” Bilello Organizations: BOSTON, FIFA, Mexico City’s Estadio Azteca, New York Jets, Giants, Gillette, Boston Soccer, Boston, Amtrak, New England, U.S Locations: Boston, Mexico, Foxborough, Philadelphia and New Jersey, New York City, Philadelphia, New Jersey, United States, Massachusetts, U.S, Canada, Atlanta, Inglewood , California, SoFi

☆ Charles Omenihu: Kansas City Chiefs DE to miss Super Bowl through injury, according to reports
▼ + stars: | 2024-01-30 | by ( Ben Church | ) edition.cnn.com time to read: +1 min

CNN —Kansas City Chiefs star defender Charles Omenihu looks set to miss this year’s Super Bowl after sustaining an injury in Sunday’s AFC Championship Game against the Baltimore Ravens. Amid reports the defensive end had torn his anterior cruciate ligament (ACL), the Chiefs star posted a number of times on X, formerly known as Twitter, on Monday which appeared to confirm the injury. In a separate post on X, Omenihu wrote a message to his fans. CNN has reached out to the Kansas City Chiefs for comment. The Kansas City Chiefs will face the 49ers at Super Bowl LVIII in Las Vegas on February 11.

Persons: Charles Omenihu, Brian Baldinger, Omenihu, ”, “, Lamar Jackson, Omenihu’s, Chris Jones, Charles Organizations: CNN, Kansas City Chiefs, Sunday’s AFC, Baltimore Ravens, Chiefs, NFL, Football, NFL Network, Houston Texans, San Francisco 49ers, Ravens, The Kansas City Chiefs, 49ers, Super Locations: The, Las Vegas

☆ Detroit Lions: Historically beleaguered team is banishing demons with landmark playoff run after being known for heartbreak, unwanted records and a curse
▼ + stars: | 2024-01-27 | by ( Ben Morse | ) edition.cnn.com time to read: +11 min

CNN —Sixteen years ago, the Detroit Lions made history – but for all the wrong reasons. St. Brown catches a touchdown against Tampa Bay Buccaneers cornerback Zyon McCollum during the second half of their NFC divisional round playoff game. Campbell watches from the sideline during the second quarter of the Lions' game against the Baltimore Ravens at M&T Bank Stadium. Mitch Stringer/USA TODAY Sports/ReutersThat speech, which some mocked and others praised, came three years to the day before the Lions’ playoff victory over the Bucs. A final standJanuary 12, 1992: the last time the Detroit Lions took to the field for an NFC Championship game.

Persons: –, it’s, Ra St, Brown, Dan Campbell’s, ”, . Brown, Zyon McCollum, Lon Horwedel, Dave Birkett, Birkett, Bobby Layne ’, Layne –, Layne, Jonathan Daniel, Birkett isn’t, ’ ”, Barry Sanders, Calvin Johnson, Matthew Stafford, Charlie Sanders –, Hall, underachieving, Campbell, ‘, “, You’ve, “ It’s, we’re, Mitch Stringer, Campbell’s, Michael Jackson, George HW Bush, Darrell Green, Rich Lipski, Penei Sewell, Ifeatu Melifonwu, Aidan Hutchinson, Alim McNeill, Jahmyr Gibbs, Sam LaPorta, Brian Branch, Jared Goff, ” Birkett, they’ve, Alex Chepeska, ” Chepeska, I’d, ” Jahmyr Gibbs, Kevork Djansezian, “ I’ve Organizations: CNN, Detroit Lions, NFL, Ford, Lions, Super, San Francisco 49ers, NFC, Detroit, Tampa Bay Buccaneers, Tampa Bay, Reuters, University of Michigan, Pittsburgh Steelers, Green Bay Packers, The Packers, Hall of Fame, Anderson Economic, Baltimore Ravens, T Bank, USA, Washington Redskins, Washington Post, –, HBO, Los Angeles Chargers, SoFi, 49ers Locations: Motor, Las Vegas, St, Detroit, –, Michigan

☆ Chart of the Day: Netflix surges on Q4 results
▼ + stars: | 2024-01-24 | 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 EmailChart of the Day: Netflix surges on Q4 resultsBrian Belski, chief investment strategist at BMO Capital Markets, joins CNBC's 'Halftime Report' to share his take on Netflix's earnings.

Persons: Brian Belski Organizations: Netflix, BMO Capital Markets

☆ Watch CNBC’s full interview with Veritas’ Greg Branch and BMO’s Brian Belski
▼ + stars: | 2024-01-23 | 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 EmailWatch CNBC’s full interview with Veritas’ Greg Branch and BMO’s Brian BelskiGreg Branch, Veritas Financial Group managing partner, and Brian Belski, chief investment strategist at BMO Capital Markets, join 'Closing Bell' to discuss the market rally's staying power, Fed outlook and the bear and bull cases for stocks.

Persons: Greg Branch, Brian Belski Greg Branch, Brian Belski Organizations: Veritas, Veritas Financial Group, BMO Capital Markets

☆ These are the 30 best investments to make now as US stocks rally to record highs, according to bullish strategists at 3 large investment firms
▼ + stars: | 2024-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Lerner noted that such occurrences are correlated with near-term pain as well as sizable forward returns. Another encouraging omen for US stocks is their successful track record in the second year of a bull market, as Belski noted last fall. Furthermore, since the financial crisis, Belski noted that stocks fell in the first month eight times but have ended the year in the green in six of those years. BMO Capital Markets30 investments to make during a rallyIn addition to sharing market commentary, strategists at BMO, Truist, and UBS outlined investment ideas as stocks enter uncharted territory. UBS spotlighted high-quality stocks with healthy balance sheets and sound earnings that drive profitability, especially since economic growth is slowing.

Persons: Solita Marcelli, Keith Lerner, Brian Belski, Lerner, Belski, who've Organizations: Business, BMO, Truist, UBS, BMO Capital Markets, BMO Capital, UBS spotlighted Locations: Swiss, Europe

☆ 10-year Treasury will hover around 4% during the first half of the year, says BMO's Belski
▼ + stars: | 2024-01-19 | 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 Email10-year Treasury will hover around 4% during the first half of the year, says BMO's BelskiBrian Belski, chief investment strategist at BMO Capital Markets, joins 'Squawk on the Street' to discuss what he makes of the latest economic data, whether he is surprised at the performance of tech stocks, and more.

Persons: BMO's, Brian Belski Organizations: Treasury, BMO Capital Markets

SEATTLE (AP) — Looking out at Lake Washington and the Cascade Mountains from his new football offices, Jedd Fisch saw a place that can consistently contend for championships. As the Huskies transition to the Big Ten and college football expands to a 12-team playoff, Fisch envisions a Washington program that’s perennially in the national mix. "Recruiting was first and foremost the number one consideration in who we were looking for.”At Washington, Fisch will immediately be tasked with putting his recruiting skills to use. “I loved my time at (Arizona),” Fisch said. ___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: Jedd Fisch, “, ” Fisch, Kalen DeBoer, Nick Saban, DeBoer, Fisch, that’s, —, Troy Dannen, Michael Penix Jr, returners, decommitted, “ I’m, ”, Chris Petersen, Jimmy Lake, Bill Belichick, Pete Carroll, Steve Spurrier, Brian Billick, Jim Harbaugh, “ He’s, ” Dannen, he’s, Dannen Organizations: SEATTLE, Huskies, Alabama, Big, SEC, Washington, Wildcats, Oklahoma, Alamo Bowl, ”, Heisman, NFL, —, University of Washington, AP Locations: Lake Washington, Seattle, Arizona, Washington, Alabama . Washington, Arizona’s, Alabama, DeBoer . Arizona

☆ The ‘Brotherly Shove’: Why in vogue ‘Tush Push’ has become unstoppable play in the NFL
▼ + stars: | 2024-01-15 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +8 min

Yet the Philadelphia Eagles seem close to harnessing the power of certainty thanks to one play: “The Brotherly Shove.”A play on Philadelphia’s “City of Brotherly Love” nickname, the “Brotherly Shove” – also known as “The Tush Push” – has become the NFL’s most talked about play. The “Tush Push” is the Eagles’ own version of the quarterback sneak and is brought out when Philadelphia finds itself in short-yard situations. The brotherly shove has become the NFL's most talked about play. “Games are being decided by [the ‘Tush Push’] and the Eagles are winning games because of it. The formidable Eagles offensive line is always one step ahead of the opposition when it comes to the "Tush Push."

Persons: ”, Jalen, Eric Hartline, Brian Baldinger, Baldinger, you’ve, ” Baldinger, They’ve, Mike Carlson, Nick Sirianni’s, Brooks Kubena, Kubena, “, It’s, ‘, Shane Steichen, Brian Johnson, they’ve, Jason Kelce, Lane Johnson, Jordan Mailata, Cooper Neill, ” Richie Gray, Kelce, Gray, Jeff Stoutland, ” Gray, Ronald Martinez, Kenneth Gainwell, DeVonta Smith, D’Andre Swift, “ They’ve, “ It’s, it’s, Sirianni, ” Sirianni, Troy Vincent, Nick Bosa Organizations: CNN, National Football League, Philadelphia Eagles, Eagles, Tampa Bay Buccaneers, USA, Sports, Reuters, NFL, CNN Sport, Star, “, Indianapolis Colts, Dallas Cowboys, Athletic’s Eagles, Philadelphia, Arizona Cardinals, Washington, French rugby club Toulon Locations: “ City, Philadelphia

☆ Activision Blizzard CEO Bobby Kotick to step down at the end of the year
▼ + stars: | 2023-12-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer on Wednesday. The leadership change was expected after Microsoft closed its $69 billion acquisition of Activision Blizzard in October. He first joined the company as Director and CEO of Activision Inc., in February 1991 before serving as CEO of Activision Blizzard beginning in July 2008. In a memo to employees Wednesday, Kotick expressed "gratitude and appreciation" for his time at Activision Blizzard. Thomas Tippl, the vice chairman of Activision Blizzard; Rob Kostich, president of Activision Publishing; Mike Ybarra, president of Blizzard Entertainment; and others will report to Matt Booty, the president of Microsoft's Game Content and Studios.

Persons: Bobby Kotick, Phil Spencer, Kotick, Bobby —, Spencer, Tony Hawk, Thomas Tippl, Rob Kostich, Mike Ybarra, Matt Booty, Brian Bulatao, Dave McCarthy, — CNBC's Jordan Novet Organizations: Activision, Microsoft Gaming, Microsoft, Activision Blizzard, Activision Inc, CNBC, Activision Blizzard's, Activision Publishing, Blizzard Entertainment, Blizzard, Gaming, CNBC PRO Locations: U.S, Europe

Bank of America raised its rating on Adecoargo to buy , with its price target pointing to more than 26% upside. The firm maintained its $450 price target on the pizza chain, which implies shares could jump 12.6%. Analyst Doug Anmuth upped his price target by $15 to $220, implying shares could still gain more than 13%. The firm's new $230 price target implies the overweight-rated stock could gain 18.5% over the next 12 months. The analyst increased his 2024 year-end price target to $30 per share, which suggests 32.2% potential upside from Monday's close.

Persons: Piper Sandler, Oppenheimer Oppenheimer, Brian Bittner, Bittner, — Pia Singh, Jessica Reif Ehrlich, Ehrlich, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Roth, Chip Moore, Moore, Nuvera, Yuri Fernandes, Fernandes, …, Piper Sandler downgrades Albemarle, Charles Neivert, Neivert, Isabella Simonato, Fred Imbert Organizations: CNBC, Bank of America, Spotify, Analysts, JPMorgan, Yale, Hyster, Argentine Locations: Argentina, Albemarle, 4Q23, China, Europe, 2024E, 2025E

☆ Here's why some of Wall Street's biggest bulls are still calling for a recession in 2024 — and 4 investments they recommend right now
▼ + stars: | 2023-12-02 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

After a year of steady, resilient growth, the US economy will finally slip into a recession in 2024. Deutsche Bank is also calling for double-digit profit growth in a weaker economic backdrop. "For 2024, the house economics view with a mild short US recession implies $250 (+10%)," Chadha wrote in reference to S&P 500 earnings. Deutsche Bank also foresees earnings growth next year. "We remain overweight the financials as well as consumer cyclicals as they are already priced for a recession and the biggest beneficiary of an eventual recovery," Chadha wrote.

Persons: That's, —, Chris Grisanti, Brian Belski, Chadha, Belski, Financials, BMO's Organizations: Wall, Business, BMO Capital Markets, Deutsche Bank, MAI Capital Management, CNBC, BMO, Deutsche, Labor, Investors, Tech Locations: Chadha

☆ BMO’s Brian Belski makes big moves in his portfolio
▼ + stars: | 2023-12-01 | 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 EmailBMO’s Brian Belski makes big moves in his portfolioBrian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to discuss his portfolio rebalancing, his outlook on banks, and more.

Persons: Brian Belski Organizations: BMO Capital Markets

☆ Wall Street closes amazing November in a bullish mood, and for good reason
▼ + stars: | 2023-11-30 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

We are closing out an extraordinary month: The S & P 500 is up nearly 9%, its fourth-best month in 12 years. The equal weight S & P 500 is up almost as much as the market-cap weighted S & P 500. Of the 10 major financial firms, only two (Morgan Stanley and JP Morgan) see the S & P 500 lower next year. Wall Street strategists' year-end S & P 500 estimates . That puts the S & P 500 at a very rich multiple of almost 19 times forward earnings (17x is the historic norm).

Persons: Russell, Morgan Stanley, JP Morgan, Goldman Sachs, Morgan, bullish, Brian Belski, Scott Wren, Wren, That's, JP Morgan's, Dubravko Organizations: Wall, Deutsche Bank, BMO Capital Markets, Capital Markets, Bank of America, Barclays, Goldman, UBS Global Wealth, Wells, Wells Fargo Securities, Treasury, Core PCE, Wells Fargo Institute, CNBC Locations: Wells Fargo, Atlanta

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