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☆ Top Wall Street analysts prefer these five stocks despite ongoing uncertainty
▼ + stars: | 2023-03-26 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Nonetheless, several analysts, including Evercore ISI analyst Amit Daryanani, remain bullish on the stock. Foot LockerThis week, sneaker and athletic apparel retailer Foot Locker (FL) delivered upbeat results for the fourth quarter of fiscal 2022. Guggenheim analyst Robert Drbul expects Foot Locker to benefit from CEO Dillon's "extensive knowledge and deep understanding of off-mall and big-box retailing." (See Foot Locker Stock Chart on TipRanks)Cisco Systems

☆ CNBC Pro Talks: Dividends or growth stocks? Fund manager Ian Mortimer has strategies for both
▼ + stars: | 2023-03-21 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

Fund manager Ian Mortimer will explain how he selects high-yielding companies and identifies growth stocks while avoiding the hype. He joined Guinness Global Investors in 2006 and manages the Guinness Global Equity Income Fund and the Guinness Global Innovators Fund. Join CNBC Pro Talks on Wednesday, March 22 at 6:30 a.m. GMT / 2:30 p.m. SGT / 2:30 a.m. He joined Guinness Global Investors in 2006 and manages the Guinness Global Equity Income Fund and the Guinness Global Innovators Fund. Join CNBC Pro Talks on Wednesday, March 22 at 6:30 a.m. GMT / 2:30 p.m. SGT / 2:30 a.m.

Apple, Google, Cisco, Intel Corp (INTC.O) and Edwards Lifesciences Corp (EW.N) sued the PTO in the California federal court in 2020 over the rule. They argued it undermined the role inter partes review plays in "protecting a strong patent system" and violated federal law. Companies including Tesla, Honda, Comcast and Dell filed briefs at the Federal Circuit in support of the plaintiffs. The California court dismissed the case in 2021, citing U.S. Supreme Court rulings that Patent Trial and Appeal Board decisions on whether to review inter partes review petitions cannot be appealed. The case is Apple Inc v. Vidal, U.S. Court of Appeals for the Federal Circuit, No.

☆ Here’s our fourth-quarter earnings report card for all the stocks in our portfolio
▼ + stars: | 2023-03-10 | by ( Zev Fima | ) www.cnbc.com time to read: +20 min

Fourth-quarter earnings season is in the rearview mirror and most Club stocks reported results ahead of, or in line with, analysts' forecasts. Moreover, excluding foreign exchange fluctuations, this marked the ninth quarter in a row of 20% or better annual earnings growth. Nvidia (NVDA) reported a very strong quarter and better-than-expected guidance for the current quarter . Eli Lilly 's (LLY) fourth-quarter results came up a bit short on revenue but delivered a strong bottom line. Despite missing on top-line expectations, Wells Fargo 's (WFC) earnings came in better-than-expected, as the bank realized the benefits of higher interest rates .

☆ These 5 dividend-paying Club stocks are expected to grow earnings double-digits this year
▼ + stars: | 2023-03-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Wells Fargo (WFC) and Halliburton (HAL) headline a group of five dividend-paying Club stocks that are expected to post robust earnings growth this year. We wanted to see which holdings are projected to boost per-share earnings this year well above the roughly 2% earnings growth estimated for the overall S & P 500 . Investors should also pay attention to valuation, so we excluded stocks trading above the S & P 500's multiple of 18 times forward earnings. Wells Fargo Estimated 2023 EPS growth: 50.7% Dividend yield: 2.7% Forward P/E: 9.4 WFC 1Y mountain Wells Fargo's stock price over the past 12 months. The average price target from analysts who cover Morgan Stanley is about 6% above the stock's closing price of $96.06 on Tuesday.

☆ Half of Sequoia Capital's VC funds since 2018 have posted losses for the University of California's endowment
▼ + stars: | 2023-03-08 | by ( Ben Bergman | Darius Rafieyan | ) www.businessinsider.com time to read: +6 min

The University of California endowment has invested over $800 million in Sequoia funds since 2018. The returns show ten Sequoia funds across all stages and geographies are now underwater for the investor. The University of California's massive $28 billion endowment, a limited partner in 20 Sequoia Capital funds since 2018, is underwater on half those investments, according to documents obtained by Insider. Meanwhile ten of the Sequoia funds that UC Investments has invested in have been marked down in value on paper. One of UC Investment's largest commitments to Sequoia is $232 million earmarked for the 2022 Sequoia Capital Fund.

☆ Here are Tuesday's biggest analyst calls: Apple, Amazon, Arista, Costco, Joby, Netflix & more
▼ + stars: | 2023-03-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Northcoast upgrades Costco to buy from hold Northcoast said it sees more upside for the wholesale retailer. " Goldman Sachs initiates Arista Networks and Juniper as buy Goldman initiated several networking equipment stocks, noting they are attractively valued. Deutsche Bank downgrades Joby to sell from hold Deutsche said it sees too many risks for the aviation company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said its standing by shares of Walmart as the retail giant continues to sign up new members for its Walmart+. Loop reiterates Netflix as hold Loop said its survey checks show that password sharing charging is increasing revenue for Netflix.

☆ Top 10 things the Club is watching in the stock market Tuesday: Fed's Powell, Meta, obesity
▼ + stars: | 2023-03-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Meta Platforms ' (META) "year of efficiency" set to continue: Bloomberg is reporting job cuts in the thousands could happen as soon as this week. WW International (WW) is higher after announcing deal to acquire the anti-obesity-focused telehealth provider Sequence. (Jim Cramer's Charitable Trust is long META, LIN, CSCO, AMZN, LLY. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Here's what makes cybersecurity giant Palo Alto Networks tick and why we like the stock so much
▼ + stars: | 2023-03-06 | by ( Zev Fima | ) www.cnbc.com time to read: +22 min

Palo Alto Networks (PANW) last month had its best single trading day in about a year, exactly one week after the next-generation cybersecurity company became our newest Investing Club holding. Why Palo Alto Networks? PANW YTD mountain Palo Alto Networks (PANW) 1-year performance Palo Alto Networks is a great way to play a secular growth industry. Taking all of these segments together, Palo Alto Networks is a company capable of delivering on every aspect of cybersecurity under one roof. Palo Alto Networks' ESG practices, meanwhile, are overseen by the ESG and Nominating Committee, which provides counsel to the board in these matters.

Here's an update on technology-related holdings in Jim Cramer's Charitable Trust, the portfolio we use at the CNBC Investing Club. Jim ran through the 35 stocks during the Club's inaugural Annual Meeting, an in-person event Saturday in New York City. Big picture, we think AMD shares will continue to increase in value as its leadership over Intel is further cemented. But sentiment is improving, with AMD shares climbing around 21% year to date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

As a reminder, every year Jim Cramer's Charitable Trust distributes all dividend income and realized capital gains to qualified publicly supported charitable organizations. Our total contribution this year is $326,951, and this brings our total donation since the Club's inception to approximately $4.1 million. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ The 'profitless Nasdaq junk' stocks leading the recent rally pose the biggest risk to investors, says Josh Brown
▼ + stars: | 2023-02-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tech stocks are outperforming in the new year, but some of the names leading the market right now pose some of the biggest risks for investors, according to Ritholtz Wealth Management CEO Josh Brown. The comments from Brown come amid Tuesday's sharp market selloff, with the Nasdaq Composite last trading down about 2.3% on the day as concerns mounted that a Federal Reserve pivot may not come as soon as expected. The dropdown in technology stocks during Tuesday trading, Brown added, is likely an example of "machines chasing machines." "What's going on is profits are being taken because volatility has come back," Brown said. Many investors bought a slew of tech stocks believing that they looked cheap after the recent pullback in shares.

☆ The Fed’s favorite inflation gauge will be the big market hurdle of next week
▼ + stars: | 2023-02-18 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Most important this week is Friday's core personal consumption expenditure (PCE) price index for January. In comparison, the consumer price index (CPI), released this past week, only tracks price changes over time. The market is expecting the core PCE price index to rise 0.4% monthly and 4.9% annually. In addition to the core PCE price index, we're going to be looking closely at the housing and utilities component. Lastly, the January producer price index came in hotter than expected, rising 0.7% from December versus expectations for 0.4% increase.

☆ Cisco’s Catch-Up Is Worth Catching
▼ + stars: | 2023-02-16 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Chuck Robbins is chief executive of Cisco Systems, which projected a jump in revenue growth for the third quarter. Cisco Systems delivered strong results Wednesday for its second quarter ended Jan. 28. Revenue rose nearly 7% year over year to $13.6 billion, while adjusted operating income hit $4.4 billion. But Cisco also projected a jump in revenue growth for the third quarter, while also boosting its forecast for the full fiscal year ending in July. The company now expects full-year growth between 9% and 10.5%, compared with the 4.5%-6.5% range it was projecting just three months ago.

☆ Jim Cramer's Investing Club meeting Thursday: Stocks fall, Cisco, Palo Alto Networks
▼ + stars: | 2023-02-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Buy Palo Alto Networks We're bullish on our newest Club holding, Palo Alto Networks (PANW), a leader in the cybersecurity industry. Palo Alto stock was trading down roughly 1.7% Thursday, at $174.22 a share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Cisco's CEO defends the Club holding’s future growth prospects. Investors want more proof
▼ + stars: | 2023-02-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

"The whole notion that we're actually just draining backlog, our backlog was created by significant customer demand. Cisco's backlog remains higher than where it stood at the same time last year and well above historical norms for both software and hardware, management said on Wednesday evening's conference call. Club take Cisco's fiscal second-quarter results were strong and its full-year guidance stronger. Right now, we don't have a great sense of what Cisco's growth will look like next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Stocks making the biggest moves midday: Twilio, Tripadvisor, Boston Beer, Roku and more
▼ + stars: | 2023-02-16 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. Otherwise, Shopify beat expectations on the top and bottom lines. The digital communications stock reported earnings of 88 cents per share on revenue of $13.59 billion. Hasbro — Hasbro rose more than 2% after the toymaker beat earnings per share expectations. Otherwise, the firm beat earnings expectations in its latest quarter, while revenue came in line with estimates.

☆ Wall St eyes lower open as producer prices rebound
▼ + stars: | 2023-02-16 | by ( Johann M Cherian | ) www.reuters.com time to read: +3 min

A Labor Department report showed producer prices climbed 0.7% in January after a 0.2% fall in the previous month. "You're also seeing the job market still very strong as well, with claims coming in less than expected," Zaccarelli added. ET, Dow e-minis were down 274 points, or 0.8%, S&P 500 e-minis were down 47.5 points, or 1.14%, and Nasdaq 100 e-minis were down 185.75 points, or 1.46%. Traders will also scrutinize remarks from other Fed officials, including St. Louis Fed President James Bullard, to assess the central bank's tone on monetary policy. Reporting by Johann M Cherian and Sruthi Shankar in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest premarket moves: Shake Shack, Virgin Galactic, Paramount and more
▼ + stars: | 2023-02-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Analysts surveyed by Refinitiv were expecting earnings of 23 cents per share on $8.16 billion of revenue. Excluding items, it earned 88 cents per share, slightly above the Refinitiv estimate of 86 cents per share. Cisco also beat revenue expectations. Twilio — The communications tools maker rose nearly 9% after reporting revenue of $1.02 billion, above the $1 billion analyst polled by Refinitiv expected. West Pharmaceutical Services — The drug and health-care products manufacturer gained 5.3% after reporting a fourth-quarter earnings and revenue beat.

☆ Wall St slides as inflation, jobless claims data fuel rate-hike angst
▼ + stars: | 2023-02-16 | by ( Johann M Cherian | ) www.reuters.com time to read: +3 min

Another set showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy's resilience. "You're also seeing the job market still very strong as well, with claims coming in less than expected." The Fed is seen pushing the benchmark rate above the 5% mark by May and keeping it above those levels till the year-end. Traders will also scrutinize remarks from other Fed officials, including St. Louis Fed President James Bullard, to assess the central bank's tone on monetary policy. The S&P index recorded two new 52-week highs and one new lows, while the Nasdaq recorded 28 new highs and 22 new lows.

☆ Top 10 things the Club is watching in the stock market Thursday: PPI hot, stocks drop, Cisco pops
▼ + stars: | 2023-02-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The PPI data comes two days after a slightly hotter-than-expected consumer price index for last month. Cloud communications platform Twilio (TWLO) finally makes the pivot to emphasize profitability and the stock gets rewarded ... up 9% early Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Cisco Raises Outlook as Its Earnings Top Expectations
▼ + stars: | 2023-02-15 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

Cisco’s prediction for its current quarter came in above Wall Street estimates. Cisco Systems Inc. raised its outlook for the year after posting better-than-expected results, a bright spot among technology companies facing continuing challenges from inflation and other macroeconomic impacts. The results beat Cisco’s forecast for the quarter on both the top and bottom lines, and its outlook for the current quarter also came in ahead of Wall Street estimates, according to FactSet.

☆ Cisco raises full-year forecast on strong demand, easing supply hurdles
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

Feb 15 (Reuters) - Cisco Systems Inc (CSCO.O) raised its forecast for full-year revenue growth and adjusted profit on Wednesday, banking on its ability to push backlog orders and rapid adoption of 5G technology to keep demand upbeat, sending the company's shares up 10%. For fiscal 2023, Cisco said it expects revenue growth of 9% to 10.5%, and adjusted per share earnings between $3.73 to $3.78. It had previously forecast revenue growth of 4.5% to 6.5% and earnings per share of $3.51 to $3.58. The raise in outlook comes on the back of growth in recurring revenue, improvement in supply chain and future estimated revenue, Chief Financial Officer Scott Herren said in a statement. Reporting by Yuvraj Malik in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Cisco forecast raise allays tech spending fears, lifts shares
▼ + stars: | 2023-02-15 | by ( Yuvraj Malik | ) www.reuters.com time to read: +2 min

Feb 15 (Reuters) - Cisco Systems Inc (CSCO.O) on Wednesday raised its full-year earnings forecast and delivered strong second-quarter results, indicating that spending on network infrastructure was staying resilient in the face of an economic slowdown. For fiscal 2023, Cisco said it expects revenue growth of 9% to 10.5%, and adjusted per share earnings between $3.73 to $3.78. It had previously forecast revenue growth of 4.5% to 6.5% and earnings per share of $3.51 to $3.58. Its second-quarter adjusted earnings of 88 cents per share and revenue of $13.59 billion were both higher than market estimates pooled by Refinitiv. "This is very strong growth and shows that the company may finally be exiting a difficult period related to supply-chain challenges," said Scott Raynovich, chief analyst at Futuriom.

☆ Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The streaming device company reported a loss of $1.70 per share, better than the forecasted $1.73 per share from analysts polled by Refinitiv. Cisco Systems — Shares advanced 4% in extended trading after Cisco Systems surpassed expectations in its latest earnings results. The digital communications company reported earnings of 88 cents per share, slightly higher than consensus estimate from Refinitiv that showed 86 cents earnings per share. Twilio — The stock jumped 12% in extended trading after Twilio reported a revenue beat. The silicon design company beat earnings expectations in the first quarter, but revenue came in line with expectations.

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