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☆ CNBC Daily Open: Is the final leg of inflation fight the hardest?
▼ + stars: | 2024-02-21 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Hong Kong ralliesHong Kong stocks rallied on Wednesday, while the wider region traded mixed. U.S. stocks tumbled overnight, dragged lower by a 4.4% drop in Nvidia shares ahead of the chipmaker's earnings report. Pros say that exposure can come from real estate investment trusts and picked 5 REITS that are in play.

Persons: Pina, Dow, Noel Quinn, Nikesh Arora, Andrew Amoils Organizations: CNBC, CSI, Nvidia, Nasdaq, HSBC, Palo, Palo Alto Networks, New Locations: Brooklyn, New York, Hong Kong, U.S, Vietnam

Its price target of $4,380 suggests nearly 18% upside from Friday's close. "We expect numbers to reset lower (again) with the downward revision a negative catalyst for the multiple, and the margin story likely being pushed out to 2025," wrote analyst Christian Carlino. Analyst Anthony Powell accompanied the move by raising his price target to $204 from $194, implying a potential 15% rally for the stock. The investment firm upgraded the airline stock to market-perform from underperform, boosting its price target to $32 from $26. His price target of $338 per share implies upside of just 5% from Friday's close.

Persons: Bernstein, Evercore, Piper Sandler, Brian Mullan, Mullan, — Jesse Pound, Aaron Kessler, — Michelle Fox, JPMorgan downgrades Holley, Holley, Christian Carlino, Carlino, HLLY, hasn't, — Lisa Kailai Han, AvalonBay, Anthony Powell, Powell, AVB, Lisa Kailai Han, Joshua Shanker, Morgan Stanley, bullish Tesla, Tesla, Adam Jonas, Jonas, Russell Quelch, Quelch, MSCI, Arun Viswanathan, Viswanathan, Rosenblatt, Hans Mosesmann, Mosesmann, Michael Linenberg, Linenberg, David Vernon, David Raso, Raso, Assuredness, Fred Imbert, ~$ ~$ Organizations: CNBC, Airlines, Southwest Airlines, Deutsche Bank, JetBlue, Caterpillar, Foods, . Restaurant, Seaport Research, Booking Holdings Seaport Research Partners, Booking Holdings, JPMorgan, Barclays, Bank of America, AIG, of America, Tesla Network, RBC, Ball Corporation, Markets, Ball Corp, Aerospace, BAE Systems, Ball, Micro Computer, Super Micro Computer, Micro, ASM, Spirit Airlines, Bernstein, Spirit, Boeing Max, ISI, CAT Locations: Southwest, Friday's

Read previewThere are many ways to invest, and one that has grown in popularity recently is real estate investing. Clinton has five tips that anyone considering real estate investing should remember. Use real estate as one component of a diversified portfolioClinton says that people include real estate investing as part of a portfolio across asset types, also known as a diversified portfolio. This can include a high investment in money and time, though you can also invest in real estate using real estate investment trusts, which won’t require you to be a landlord. “If you’re investing in property, you’re not limited to where you want to physically live or work.”4.

Persons: —, Charles Clinton, Clinton, ” Clinton, “, you’re Organizations: Service, Business

☆ Morgan Stanley's Ron Kamdem on commercial real estate: Fundamentals are normalizing
▼ + stars: | 2024-02-09 | 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 EmailMorgan Stanley's Ron Kamdem on commercial real estate: Fundamentals are normalizingRonald Kamdem, head of U.S. REITs at Morgan Stanley, joins 'The Exchange' to discuss why he believes the NYCB event is 'idiosyncratic,' the state of the commercial real estate market, and more.

Persons: Morgan, Ron Kamdem, Ronald Kamdem, REITs, Morgan Stanley

☆ America's real estate market could see a $1 trillion default wave as things turn 'very ugly,' billionaire CEO says
▼ + stars: | 2024-01-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Read previewAmerica's real estate sector could see up to $1 trillion of debt defaults over the next few years, according to Cantor Fitzgerald CEO Howard Lutnick. The billionaire Wall Street executive pointed to trouble brewing in the US real estate market, particularly in commercial real estate, where experts say there's around $1 trillion in debt approaching maturity over the next few years. He estimated $700 billion to $1 trillion in real estate debt could default, which could slash "hundreds of billions" in real estate equity. "I think it's going to be a very, very ugly market owning real estate over the next 18 months to two years," he added. Experts have been warning of trouble coming for the commercial real estate sector since early 2023, when banking turmoil tightened credit conditions for regional lenders, which finance a large percentage of all commercial real estate loans.

Persons: —, Cantor Fitzgerald, Howard Lutnick, Lutnick Organizations: Service, Business, Wall, Reserve, Fox Business

☆ This income-paying asset could be poised to rise in 2024 as interest rates cool
▼ + stars: | 2024-01-02 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. "When rates are low, a lot of income-oriented investors see that REIT dividend as very attractive, and they are willing to take the risks associated with equity investment to have this dividend payment." Jefferies is neutral on the office REIT sector but has raised its rating on Boston Properties to buy from hold. The senior housing occupancy rate was 84.4% in the third quarter of 2023, according to the National Investment Center for Seniors Housing & Care . That's up more than 6 percentage points from the pandemic low of 77.8%, but it's still off from the pre-pandemic occupancy rate of 87.1%.

Persons: REITs, Kevin Brown, Jefferies, Peter Abramowitz, Morningstar's Brown, it's, Brown, JPMorgan's Anthony Paolone, Ventas, — CNBC's Michael Bloom, Chris Hayes Organizations: Federal Reserve, Treasury, Boston Properties, Boston, National Investment Center, Seniors Housing & Care, Realty Locations: U.S, Boston, Friday's

☆ Here’s where to invest $50,000 in the new year, according to the pros
▼ + stars: | 2024-01-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +8 min

The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high. The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close. A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) . Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) . For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.

Persons: Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price Organizations: Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group Locations: Essex

☆ Here are Tuesday's biggest analyst calls: Netflix, Apple, IBM, Coinbase, Nike, Domino's, Meta, Charles Schwab and more
▼ + stars: | 2023-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Goldman Sachs reiterates Nike as buy After a transfer of analyst coverage, Goldman Sachs said it sees improving growth for Nike shares. UBS downgrades United Rentals to neutral from buy UBS said in its downgrade of the equipment rental company that it sees a more balanced risk/reward. UBS reiterates Apple as neutral UBS said its analysis of Apple's App Store shows revenue increasing. UBS reiterates Netflix as buy UBS said it's standing by its buy rating on Netflix shares after hosting the company at a conference. William Blair reiterates Charles Schwab as outperform William Blair named Schwab a top pick for 2024, noting it's well-positioned.

Persons: Raymond James, Piper Sandler downgrades Albemarle, Piper Sandler, it's, Goldman Sachs, Roth, Roth MKM, TD Cowen, Bernstein, Mizuho downgrades Prologis, Wells, Wells Fargo, Oppenheimer, Domino's, Elliott, Morgan Stanley, Meta, Needham, Coinbase, JPMorgan, Raymond James downgrades Lululemon, LULU, Strong, William Blair, Charles Schwab, Schwab Organizations: Crescent Energy, Energy Company, Eagle Ford, UW, Nike, Bank of America, UBS, Credit Suisse, Yale, HY, United Rentals, Apple, Semiconductors, JPMorgan, IBM, Consulting, Mizuho, Marriott, of America, Netflix, Management, Integra, Financial, ISI, Disney, BR, Cargo Therapeutics, Citi, Travere Therapeutics Locations: Houston, Uinta, Eagle, LTHM, 2024E, 2025E, Argentina, Boston, China, Mexican

☆ Top Wall Street analysts expect these dividend stocks to enhance total returns
▼ + stars: | 2023-12-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Dividend-paying stocks give investors a combination of potential price appreciation and income, which can enhance total returns. Bearing that in mind, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. (See Sunoco Hedge Funds Trading Activity on TipRanks)VICI PropertiesOur next dividend stock is VICI Properties (VICI), a real estate investment trust. For the third quarter, the company declared a cash dividend of $0.415 per share, reflecting a 6.4% increase. For the third quarter, the company declared a cash dividend of $2.09 per share, payable on Dec. 14.

Persons: Mike Blake, Wall, Elvira Scotto, Scotto, TipRanks, Sunoco, VICI, Simon Yarmak, Yarmak, Christopher Horvers, Horvers Organizations: Reuters, Energy, Crestwood Equity Partners, RBC Capital, MGM, North American, JPMorgan, TipRanks, Walmart Locations: Encinitas , California, U.S, Crestwood, Vegas

☆ Bank of America unveils its top 10 trades for 2024, and 6 signs that would confirm a true bull market has arrived
▼ + stars: | 2023-11-30 | by ( Mark Reeth | ) www.businessinsider.com time to read: +5 min

Here are the indicators he's watching in 2024, and the trades investors should make now so that when the bull market finally arrives, they will be well-positioned to profit. Bank of America, alongside BMO, believes that the S&P 500 could beat its all-time high and soar over 5,000 next year. But in the back half of 2024, Hartnett believes the "3Cs" and the "3Ps" will combine to kick off a bull market in the "3Bs": bonds, bullion, and breadth. "Bonds can easily deliver equity-like returns in 2024," Hartnett wrote, particularly if "a weaker US economy & Fed cuts delivers cyclical decline in bond yields & US dollar (+ve gold)." Hartnett wrote that any panic policy moves could be a "catalyst for outperformance of leverage over quality, small over large, value over growth, international over US."

Persons: Michael Hartnett, Hartnett, there's Organizations: Federal Reserve, Bank of America, Business, America's, BMO, SOX Locations: XBD, Japan, China

☆ Retail landlords have the upper hand in renting, says Piper Sandler's Alexander Goldfarb
▼ + stars: | 2023-11-28 | 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 EmailRetail landlords have the upper hand in renting, says Piper Sandler's Alexander GoldfarbAlexander Goldfarb, managing director and senior research analyst at Piper Sandler, joins 'Power Lunch' to discuss the state of retail REITs after the Thanksgiving holiday shopping weekend.

Persons: Piper Sandler's Alexander Goldfarb Alexander Goldfarb, Piper Sandler

☆ Singapore REITs will be a 'compelling' investment theme in 2024: UBS Wealth Management
▼ + stars: | 2023-11-22 | 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 EmailSingapore REITs will be a 'compelling' investment theme in 2024: UBS Wealth ManagementKelvin Tay from UBS Wealth Management says the U.S. treasury yields are expected to fall in 2024, which would make Singapore REITs an asset class worth investigating.

Persons: UBS Wealth Management Kelvin Tay Organizations: Singapore, UBS Wealth Management Locations: Singapore

I asked financial planners where I could invest my money other than the stock market. Early last year, when I finally decided to invest some of the cash sitting idle in my high-yield savings account, I turned to the stock market. I've come a long way since then, optimizing my stock market strategy to include studying earnings reports and being more strategic with my picks. Real estateA good amount of my friends have turned to real estate investing over the past few years. "You can invest in real estate through REITs — Real Estate Investment Trusts — which pool together investor money to purchase, and sometimes operate, different forms of property.

Persons: —, Jason Dall'Acqua, Carolyn Yun, Privately, Yun, Get, Marguerita Cheng, Cheng Organizations: Service, Investment, SEC, Venture Locations: REITs —

☆ Jim Chanos says this is a golden age of fraud with plentiful short opportunities as he converts fund
▼ + stars: | 2023-11-20 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Legendary short seller Jim Chanos, who has decided to convert his hedge funds to a family office after nearly four decades, said he remains a firm believer in short-selling in this era of rampant corporate wrongdoings. In his final message to investors, the short seller best known for his bet against Enron before its bankruptcy in 2001, said there are still more than enough short opportunities for investors. Chanos has also bet against Tesla and Coinbase in recent years, but these positions turned out to be volatile and tough at times. The founder of Chanos & Co. said Coinbase runs an unsustainable model as it makes money from increased commission rates for retail investors. "It is no secret that the long/short equity business model has come under pressure and interest in fundamental stock pickers has waned," Chanos wrote in the letter.

Persons: Jim Chanos, Chanos, –, Tesla, Coinbase, — CNBC's Scott Wapner Organizations: Enron, Digital Realty Trust, Big Tech, Chanos, Wall Street Locations: China

☆ Bank of America's Michael Hartnett thinks the market is ignoring risks of a hard landing in 2024
▼ + stars: | 2023-11-20 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

"We believe the risk of a 'hard landing' for the economy is higher-than-expected." In that kind of a climate, Hartnett expects commodities, including copper and oil, to outperform, along with bonds and cash. "We are sellers of crowded 'no landing' plays into recession," Hartnett said, making a call that includes the "Magnificent Seven" tech stocks along with semiconductors, homebuilders and biotech. The firm is "buyers of 'hard landing' plays at onset of recession," he said, including REITs, banks, defensive stocks, small-cap stocks and China. Despite Hartnett's warnings, BofA overall is looking for a soft landing with easier monetary policy.

Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Bulls, U.S ., Reserve Locations: BofA, China

☆ If you want to be the ultimate contrarian next year, bet on these things happening
▼ + stars: | 2023-11-17 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Based on the bank's monthly Global Fund Manager Survey, strategist Michael Hartnett created a list of "contrarian" outcomes and hedging opportunities. As of now, high-quality assets are expected to outperform in 2024, with only 6% of fund managers predicting otherwise, said Hartnett. Close to 90% of surveyed fund managers see elevated geopolitical risks in the coming year. For a contrarian outcome, Harnett says to trade as if oil prices will move lower still by shorting crude. Only 6% of fund managers are predicting inflation moves higher next year, according to BofA.

Persons: Michael Hartnett, Hartnett, Harnett, — CNBC's Michael Bloom Organizations: of America, Global Fund, Survey, Bank of America's, Nasdaq, Treasury, Securities

TOKYO (AP) — Asian shares surged higher on Wednesday, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation. “Accordingly, we expect GDP growth to slow from 1.7% this year to 0.5% in 2024,” he said in a commentary. Tuesday on Wall Street, the S&P 500 jumped 1.9% for its best day since April and hit a two-month high, closing at 4,495.70. On Wall Street, real-estate stocks and others beaten down particularly hard by higher rates soared to some of the market's biggest gains. Elsewhere on Wall Street, Home Depot rallied 5.4% after reporting stronger profit for the latest quarter than analysts expected.

Persons: Marcel Thieliant, ”, Hong, Seng, Australia's, Korea's Kospi, Russell, Brent Organizations: TOKYO, Nikkei, Capital Economics, Shanghai, Dow Jones Industrial, Nasdaq, Federal, Technology, Amazon, Nvidia, Treasury, U.S ., Alexandria Real, Bank, Zions Bancorp, Comerica, Valley Bank, Home Depot, New York Mercantile Exchange, U.S Locations: Alexandria, REITs, Wall

☆ Treasury-yield surge boosts tokenization of real-world assets on blockchains, leading 'huge paradigm shift' in finance
▼ + stars: | 2023-11-12 | by ( Aruni Soni | ) www.businessinsider.com time to read: +4 min

The rise of Treasury yields since 2022 has delivered a major boost to the tokenization of real-world assets. The total value of on-chain, real-world assets sits at $118.6 billion, according to Fundstrat. AdvertisementAdvertisementThe breathless rise of Treasury yields since 2022 has delivered a major boost to the tokenization of real-world assets. AdvertisementAdvertisementRight now, the total value of on-chain, real-world assets sits at $118.6 billion, according to Fundstrat. But the tokenization of real-world assets onto the blockchain is a newer trend that's picking up steam.

Persons: It's, —, Franklin Templeton, Tom Couture, SWIFT, Couture, Lee Bratcher, Bratcher, Fundstrat Organizations: Service, Boston Consulting Group, JPMorgan, BlackRock, Barclays, Texas Blockchain Locations: tokenize, Texas

☆ We're trying to speak to a customer who wants to shop differently, says Tanger CEO Stephen Yalof
▼ + stars: | 2023-11-07 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

We're trying to speak to a customer who wants to shop differently, says Tanger CEO Stephen YalofStephen Yalof, Tanger president and CEO, joins 'Mad Money' host Jim Cramer to talk REITs, consumer behavior, the retail sector and more.

Persons: Stephen Yalof Stephen Yalof, Jim Cramer

Bottom line: Fidelity Investments and Charles Schwab are two of the best robo-advisors for retirement savings, goal-building, and low-cost trading. Fidelity vs. Charles Schwab: The Biggest DifferencesFidelity and Charles Schwab are featured in a number of our guides, including the best brokerages for beginners. Fidelity Investments reviewAutomated Investing With FidelityFidelity offers two different automated accounts: Fidelity Go and Fidelity Personalized Planning & Advice. Charles Schwab Brokerage Account reviewAutomated Investing With Charles SchwabLike Fidelity, Charles Schwab's automated accounts — Schwab Intelligent Portfolios and Schwab Intelligent Portfolios Premium — also include an automated-only account and an automated-plus-advice option. Fidelity vs. Charles Schwab — Frequently Asked Questions (FAQs)Is Fidelity better than Charles Schwab?

Persons: Morningstar, Charles Schwab, Schwab, Charles Schwab's, It's, Fidelity's, you'll, Charles Schwab Charles Schwab, Roth, IRAs, Charles, Charles Schwab —, you've Organizations: Fidelity Investments, Fidelity, Business Daily, screeners, Fidelity Fidelity Investments, Fidelity Fidelity, Fidelity Go, Schwab, Better Business Bureau, & $ Locations: cryptocurrencies, Chevron

☆ Analysis: WeWork's troubles darken outlook for embattled office market
▼ + stars: | 2023-11-03 | by ( Sinead Cruise | ) www.reuters.com time to read: +6 min

Backed by Japan's SoftBank, WeWork aimed to revolutionise the office market by taking long leases on large properties and renting the space to multiple smaller businesses on more flexible, shorter arrangements. Some leveraged property investors could struggle to earn enough rental income to service rising debt costs, they said. The number and volume of real estate loans due for refinancing in 2024 is unclear because many deals are struck privately between borrower and lender, Ed Daubeney, co-head, debt and structured finance, EMEA, at real estate services firm Jones Lang LaSalle, told Reuters. U.S. industrial and office real estate investment trusts (REITs) were seen 35.8% more likely to default, versus expectations a year ago. "We're at a massive turning point in the real estate investment market globally," Jose Pellicer, head of real estate strategy at M&G Real Estate, said.

Persons: Kate Munsch, Japan's SoftBank, WeWork, Jeffrey Havsy, Ed Daubeney, Jones Lang LaSalle, Savills, refinancings, What's, MSCI, Jefferies, Jose Pellicer, Sinead Cruise, Elisa Martinuzzi, Mark Potter Organizations: REUTERS, Media, Real Estate, Reuters, Analysts, Europe, Flex, BNP, G, Thomson Locations: San Francisco , California, U.S, York, New York, London, United States, Europe, Britain, Germany, California

☆ WeWork's troubles darken outlook for embattled office market
▼ + stars: | 2023-11-03 | by ( Sinead Cruise | ) www.reuters.com time to read: +6 min

☆ Buy these 12 high-quality stocks that are up to 42% below their fair market value as Fed rate hikes begin to hit the economy hard, according to Morningstar's chief strategist and economist
▼ + stars: | 2023-11-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

The firm estimates fair value based on its projection of a company's future cash flows and the predictability of those flows. The best opportunities are now in value stocks that are trading at about a 22% discount to fair value, Sekara noted. Currently, the real estate sector is the most undervalued sector, with REITs trading at a 26% discount to fair value, Sekara said. Finally, American Tower (AMT), which owns and operates wireless and broadcast communications infrastructure, trades at a 24% discount to fair value. Two other five-star stocks that remain significantly undervalued are AT&T and Verizon, trading at a 35% discount to fair value.

Persons: Morningstar's Preston Caldwell, Caldwell, Dave Sekara, Sekara, Wells Organizations: Treasury, Morningstar, Simon Property Group, Realty Trust, Communications, Verizon, Citigroup, PNC, US Bank

With just $100 and a little bit of research, you can start your own passive income stream. With a little bit of time and research, anyone can start investing in a passive income stream with as little as $100. We asked three financial experts how they'd invest $100 to start making money in their sleep, and here's what they said. Real estate investment trustsFormer Wall Streeter and TikTok financial literacy educator Vivian Tu suggests putting your money in a real estate investment trust. Yieldstreet is one of the best real estate investing apps for those interested in real estate and alternative investments.

Persons: —, John Stoj, Wall Streeter, Vivian Tu, Taylor Kovar, you'll Organizations: Service, CFP

☆ Make these 6 moves now to capitalize on one of the best long-term investing outlooks in over a decade, according to JPMorgan's $2.9 trillion asset management arm
▼ + stars: | 2023-10-19 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Investors shouldn't be scared off by slower economic growth caused by higher-for-longer interest rates and inflation, according to JPMorgan Asset Management (JPMAM). For reference, JPMAM called for forward long-term returns of 4.3% in 2021. The firm added that productivity gains from AI will likely add a tenth of a percentage point to global growth in the next decade. The long-awaited reversal for international stocks won't happen overnight, JPMAM strategists said. The firm is highly optimistic about the asset class after its brutal multi-year selloff and expects 4.6% and 5.1% long-term returns for those groups, respectively.

Persons: it's, JPMAM, David Kelly, Kelly, Monica Issar, Grace Koo, —, they're, Bob Michele, who's, he's, Bonds, REITs Organizations: Asset Management, Federal Reserve, European Central Bank, US, JPMorgan, Management, Fed, JPMorgan Asset Management, Investors Locations: Europe, Australasia, Real

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