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☆ Keith Meister's Corvex Management bets on media companies, cuts big tech and biotech holdings
▼ + stars: | 2023-02-15 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Corvex Management increased its stakes in media-related companies while slashing technology and biotech investments, according to its latest quarterly 13F filing with the SEC. Crown Holdings was Meister's second-largest acquisition in the fourth quarter, when Corvex bought $74 million of shares. In November, billionaire Carl Icahn disclosed an 8.5% stake in the packaging company once known as Crown Cork & Seal. Corvex in the fourth quarter increased its position in Fomento Economico Mexicano , a Mexican multi-national retail and beverage company, by 9.5%, bringing the holding to almost $200 million. Corvex exited its positions in Amazon , JP Morgan Chase & Co . and Uber in the fourth quarter.

☆ Stifel upgrades VF Corp after dividend cut, says apparel stock is at an attractive entry point
▼ + stars: | 2023-02-10 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to consider shares of VF Corp . after its recent dividend cut, according to Stifel. Analyst Jim Duffy upgraded VF Corp. shares to buy from hold, saying the stock looks compelling after investors sold it in the wake of a dividend cut. "The dividend cut and resulting dislocation in shares present an attractive entry point and we recommend capitalizing on elevated volume to build positions. VF shares added 1.8% in Friday premarket trading. VFC 5Y mountain VF Corp shares have been on the decline for the past three years.

☆ Factbox: Sequence of events in Memphis police beating of Tyre Nichols
▼ + stars: | 2023-01-28 | by ( ) www.reuters.com time to read: +3 min

Jan 27 (Reuters) - Memphis police beat, tased, kicked and batoned Tyre Nichols during a Jan. 7 traffic stop, video released on Friday shows. The officers push Nichols to the ground while yelling at him to comply. Nichols says, "All right, I'm on the ground ... Stop, stop ... You guys are really doing a lot right now. There is no video of Nichols during this time, when apparently two officers catch up to Nichols and attempt to detain him. One officer punches Nichols at least five times in the head while two others hold him up.

☆ Qualcomm says its move beyond smartphones is working. We're waiting to see the results
▼ + stars: | 2023-01-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Qualcomm CEO Cristiano Amon said Tuesday the chipmaker's move beyond smartphones is working — but we want to see the Club holding's upcoming earnings report before we rethink our cautious approach. In a similar way, Qualcomm also is expanding its presence in the automotive industry as cars become more technologically advanced. Amon also downplayed the company's reliance on Apple, which has been working to replace Qualcomm's chips with its own 5G modem chip . The Club has generally adopted a cautious approach to Qualcomm in recent months, particularly after that November earnings print with weak guidance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ From the Shanghai upgrade to U.S. regulation: Watch these 5 events to see where crypto markets are heading in 2023
▼ + stars: | 2023-01-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +7 min

Unlike in previous crypto winters, however, macro forces outside the crypto industry are the biggest drivers of the market. The Shanghai upgrade Ethereum developers are gearing up for the network's next big upgrade, the "Shanghai" upgrade, which has a target release of March 2023. "The problem right now is if you stake ether into the network, your ether will be locked until the Shanghai upgrade," Lau said. "There will be more liquidity of ether after the Shanghai upgrade," he added. Gox but the expected distribution of the bitcoin recovered from the exchange's 2014 implosion could be a near-term headwind for bitcoin investors.

☆ The S&P 500's best and worst stocks of 2022, and where they will go from here
▼ + stars: | 2022-12-30 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 may be headed for its worst yearly performance since 2008, but some stocks still outperformed this year. The strategist has a 12-month target of 4,575 on the S & P 500, implying about a 19% gain from Thursday's close. Here are the best and worst stocks in the S & P 500. First Solar shares are also in the top 10 best-performing stocks in the S & P 500. Other worst performers in the S & P 500 include Match Group , Align Technology and SVB Financial Group .

☆ There could be a new market low in 2023. Investors can hide in these 5 stocks, MKM Partners says
▼ + stars: | 2022-12-17 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +4 min

The stock market could reach new lows in the new year, but there are some stocks where investors can weather market volatility, according to MKM Partners. That doesn't bode well for stocks and means there's a high risk that the equity market will see a new low next year, he said. In that market environment, MKM recommends focusing on stocks that are defensive and avoiding sectors trading at high-cyclical adjusted valuations. MKM sees investors overlooking the amount of leverage that Arch has as a positive going into the current cycle. The pick with the largest potential upside is Talos Energy , which MKM sees surging 47% to its target price.

☆ Stock prices keep rising even as corporate profit outlooks keep getting weaker
▼ + stars: | 2022-12-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

It's good to see stocks rally going into December, but the continuing decline in earnings estimates is worrisome. Since the start of the quarter, fourth-quarter earnings estimates for the S & P 500 have gone down 5.6% to $54.58 from $57.79, according to FactSet . 2023 earnings estimates are also coming down at a fairly rapid pace. The problem is that estimates have been coming down at the same time stock prices have been going up . FactSet noted that on average analysts have overestimated yearly earnings by about 7% over the past 25 years.

☆ Aggressive central bank easing will return within 18 months, CIO says, naming stocks to buy
▼ + stars: | 2022-11-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Overly loose fiscal and monetary policy during Covid-19 was a "mistake," according to the chief investment officer of asset management firm Antipodes Partners. I think, though, we're probably in a different regime where we have to expect greater volatility around not just inflation but economic growth," he said. So we think there's a fair amount of downside on the S & P EPS [earnings per share] numbers." "The digital industries business is a really good software-hardware factory automation business, and decarbonization is all about reengineering supply chains. So a lot of investment is required, and Siemens I think benefits from that," he said.

☆ Holiday rush: Why investors may want to add retail ETFs to their cart
▼ + stars: | 2022-11-27 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +1 min

Despite consumer headwinds tied to the economic slowdown, Amplify ETFs' Brian Giere sees opportunities in retail. Giere oversees the Amplify Online Retail ETF, which trades under the IBUY. VettaFi's Todd Rosenbluth, who's taking a wait and see approach on retail spending this holiday season, highlights the SPDR S&P Retail ETF as a "more targeted way of getting exposure" to traditional consumer discretionary companies such as Macy's and Gap . "[It] has become larger than some of the online retail peers that are out there." The SPDR S&P Retail ETF is down 26% so far this year.

☆ Retail expert Dana Telsey breaks down the holiday season's potential winners and losers
▼ + stars: | 2022-11-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

"I think this holiday season's gonna be about in-person shopping," Telsey said on "Squawk Box" Friday morning. The winners Bath & Body Works is one company that typically does well but surprised during its third quarter while other retailers struggled, she said. For the fourth quarter, Bath & Body Works expects per-share earnings between $1.45 and $1.65 compared with a StreetAccount forecast of $1.54. Bath & Body Works stock has shed 42.1% in 2022, more than the S & P 500's 14.3% drop. "When you walk the shopping center during Black Friday, that's where you're gonna see some of the longest lines," Telsey said, referring to Bath & Body Works.

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☆ Insurance is poised to perform well even amid economic weakness. Here are expert's top stock picks
▼ + stars: | 2022-11-18 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

Why insurance stocks have outperformed There are a few things that have led to the sector's outperformance this year and that are expected to give it a lift in 2023. Within the group, he's focused on property and casualty insurance and life insurance. Other analysts also see value in so-called multi-line companies, which bundle different kinds of insurance together, and reinsurance, which is insurance for insurance companies. Which stocks insurance analysts like Dwelle's top pick is AIG , which has property and casualty and life insurance. He also recommends the insurance group for investors who want to orient themselves more conservatively and stay away from buying beaten up growth stocks, such as tech names.

☆ Chip stocks hammered in Asia, dollar firms on hawkish Fed
▼ + stars: | 2022-11-17 | by ( Kevin Buckland | Yousef Saba | ) www.reuters.com time to read: +4 min

TOKYO, Nov 17 (Reuters) - Chip stocks took a beating on Thursday, sending most Asian share indexes lower, after grim signals from Micron Technology overnight about excess inventories and sluggish demand. Meanwhile, the U.S. dollar rebounded after stronger-than-expected U.S. retail sales suggested the Federal Reserve was unlikely to ease up in its battle with inflation. Hong Kong's Hang Seng Index (.HSI) tumbled 2.1%, with its tech stocks (.HSTECH) slipping more than 4%. Japan's Nikkei (.N225) lost 0.3% and South Korea's Kospi (.KS11) dropped 1.1%, each led by declines in heavyweight chip players. The U.S. dollar index - which measures the currency against six major counterparts - added 0.13% to 106.41, stabilizing after a slide as low as 105.30 on Tuesday following the release of producer price inflation numbers.

☆ Investors go with old as tech slides: Wall Street's favorite 100-year-old stocks to buy
▼ + stars: | 2022-10-30 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Investors dumping tech stocks after their dismal earnings results this past week are going back to old economy names for the hottest stock picks. Disappointing quarterly reports from mega-cap tech stocks signified lower growth ahead from the once darling tech sector. Shares of Amazon tumbled nearly 15% last week through Friday after the online retail giant reported quarterly revenue that missed estimates. Apple was the rare "bright spot" among big tech earnings, according to Wells Fargo's Aaron Rakers. The S & P 500 stocks that surfaced in our screen exclude tech, and have been around for 100 years or more.

☆ Top investors say it's foolish to ignore the value in tech stocks right now. What to buy and when
▼ + stars: | 2022-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +25 min

Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. Playing defense When looking outside of big tech, investors may also want to consider looking out for more defense-focused names. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base. Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base.

☆ Morgan Stanley's Mike Wilson flags a key risk to earnings — and names the stocks to avoid
▼ + stars: | 2022-10-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Morgan Stanley believes U.S companies are facing an inventory problem — and it's a key risk to earnings. "The problem with inventory is two-fold: supply chain bottlenecks are clearing while demand, especially demand for goods, is slowing," Morgan Stanley strategists led by Michelle Weaver and Mike Wilson wrote in an Oct. 10 note. Morgan Stanley believes the inventory problem has now become a risk to earnings, with oversupply and lagging demand likely to weigh on companies' margins. However, although a broad problem for the market and for goods producing industries in particular, not all industries are impacted to the same degree, according to Morgan Stanley. The bank found that tech hardware and consumer retail companies are among the most at risk from excess inventory.

☆ October's wild trading could give way to a new stock rally, as earnings roll out in the week ahead
▼ + stars: | 2022-10-14 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

But Emanuel sees the chance for a 17% to 20% rally in the S & P 500. The S & P 500 was down about 0.9% for the week, as of Friday afternoon, and it was hovering just above 3,600. S & P 500 earnings are expected to grow by 3.6% for the third quarter, based on actual reports and estimates, according to Refinitiv. Without the boost from more than doubling profits from energy companies, S & P earnings would decline by 3.1%. Week ahead calendar Monday Earnings: Bank of America , Bank of NY Mellon, Charles Schwab 8:30 a.m.

☆ This week's best-performing S&P 500 stocks include 3 energy names expected to jump at least 20%
▼ + stars: | 2022-10-07 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Energy names were the biggest winners in the market this week, as a major production cut by OPEC+ boosted oil prices. In addition, eight of the top 10-performing S & P 500 stocks this week are energy names. This year, Halliburton's stock price has increased more than 34%, including this week's more than 22% gain. Outside of energy names, analysts are also very bullish on Western Digital. Energy names Devon Energy , Hess , Pioneer Natural Resources and Schlumberger complete the list.

☆ This spin-off focused fund is crushing the market in 2022 with an unconventional portfolio
▼ + stars: | 2022-09-20 | by ( Jesse Pound | ) www.cnbc.com time to read: +4 min

The Horizon Kinetics Spin-off and Corporate Restructuring Fund , which buys stocks shortly before or after a corporate event, has created a narrow portfolio of smaller stocks that is crushing the market in 2022. The fund has gained more than 17% in 2022 even as the S & P 500 fell into a bear market. James Davolos, a portfolio manager at Horizon Kinetics, said that spin-offs can create mispricing of stocks due to market structure. So they are probably going to sell the stock," Davolos said. Worker hospitality stock Civeo Corp ., which was spun out from Oil States International in 2014 , has also been a big winner for the Kinetics fund in 2022, gaining more than 40%.

☆ This week’s best performers include an energy stock that could surge more than 30% from here
▼ + stars: | 2022-09-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Stocks were hurling toward a big losing week on Friday as investors weighed a warning from FedEx as well as a hot inflation reading. The S & P 500 is 5.3% lower this week, on pace for its fourth losing week in five. APA Corp . was the top S & P 500 stock this week after advancing 6.1% as of 9:40 a.m, ET. On Monday, the energy stock was upgraded to buy from neutral by Citi, which said APA is an "under-appreciated growth story." However, there isn't a consensus in favor of buying the stock, with only 45% of analysts rating it a buy.

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