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☆ Here are the top 10 Wall Street research firms of the past decade, according to TipRanks
▼ + stars: | 2023-04-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Henry Nicholls | ReutersAfter identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research firms in the past decade. This explains why some research firms may have a higher success rate and average return yet rank lower. TipRanks has leveraged its Experts Center tool to identify the top 10 research firms. Top 10 Wall Street Research FirmsThe image below shows the most successful Wall Street research firms in descending order.

☆ Chevron tops estimates with Q1 profit gain despite slide in oil prices
▼ + stars: | 2023-04-28 | by ( Sabrina Valle | ) www.reuters.com time to read: +2 min

HOUSTON, April 28 (Reuters) - Oil major Chevron Corp (CVX.N) beat market expectations on Friday as profit nudged higher in the first-quarter, with earnings from refining compensating for a slide in energy prices and in oil and gas production. Net profit climbed 5% to $6.57 billion or $3.46 per share. That compares with a Wall Street consensus for flat profit at $3.38 per share, according to figures compiled by Zacks Investment Research. The company's standout business was oil refining, where higher margins helped income surge more than five-fold to $1.8 billion. But its oil and gas production division saw its net profit tumble 25% on a big year-over-year declines in prices.

☆ Chevron tops estimates with first-quarter profit gain despite slide in oil prices
▼ + stars: | 2023-04-28 | by ( ) www.cnbc.com time to read: +2 min

Oil major Chevron beat market expectations on Friday as profit nudged higher in the first quarter, with earnings from refining compensating for a slide in energy prices and in oil and gas production. Net profit climbed 5% to $6.57 billion or $3.46 per share. That compares with a Wall Street consensus for flat profit at $3.38 per share, according to figures compiled by Zacks Investment Research. The company's standout business was oil refining, where higher margins helped income surge more than five-fold to $1.8 billion. But its oil and gas production division saw its net profit tumble 25% on a big year-over-year decline in prices.

☆ Morningstar's chief U.S. market strategist shares his outlook for the economy and ways to play the market turbulence ahead
▼ + stars: | 2023-04-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

But even in a turbulent environment, there are value opportunities for investors who look carefully, according to Dave Sekera, Morningstar's chief U.S. market strategist. "We think the stock market is undervalued," Sekera told CNBC during an interview at the Morningstar Investment Conference in Chicago. "However, I'd say at this point, the easy returns have already been made thus far this year, and I do see a rough road ahead for the next couple of quarters for the stock market in general." For regional bank stocks, Morningstar expects earnings to slowly decline through 2023. Today, Morningstar views many of those names, in areas such as energy, healthcare and consumer defensives, as fully valued.

☆ A.I. market could be worth trillions in the long term, analyst says
▼ + stars: | 2023-04-26 | 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 EmailA.I. market could be worth trillions in the long term, analyst saysCyrus Mewawalla, head of investment research at GlobalData, says that this is a "turning moment" for the artificial intelligence market and discusses where players like Google and Microsoft currently stand within it.

☆ Investors are betting on this high-quality ETF and beating the market
▼ + stars: | 2023-04-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The iShares MSCI USA Quality Factor ETF (QUAL) has emerged as the most popular ETF in the U.S. this year. The iShares ETF screens for return on equity, earnings consistency and companies with low debt-to-equity ratios. The QUAL ETF has an expense ratio of 0.15% and a three-star rating from Morningstar. Other notable quality ETFs include the JPMorgan U.S. Quality Factor ETF (JQUA) and Invesco S & P 500 Quality ETF (SPHQ) . By that measure, quality stocks outperformed in every major market in the first quarter except the U.K., which has less of a tech sector.

"The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners.

☆ The rest of 2023 is the 'best period' for stocks in a 12-month span, Nationwide's research chief says. Here's why history shows investors have a brief window of opportunity, and what to snap up while
▼ + stars: | 2023-04-19 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Nationwide Chief of Investment Research Mark Hackett says it's a good time to buy stocks. Few experts were surprised when stocks got off to a good start this year, rebounding from a difficult 2022. Hackett is more bullish on almost anything else, especially small cap stocks, value stocks, and non-US names. And eventually, the calm period ahead will inevitably give way to presidential election season, where politics tends to intrude on market performance. "The best period for equity market returns is the period we're in.

☆ A 31-year market vet who called the current bear market says the S&P 500 has another 45% downside as investors remain blind to signs that a recession is hurtling toward the US economy
▼ + stars: | 2023-04-08 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Yet, stock market investors remain bullish, he said. He's been warning of a significant stock market decline since late 2021,"People are ignoring all the lessons of history," Wolfenbarger told Insider on Friday. His bearish outlook stems from how high stock valuations are relative to 10-year Treasury yields. Wolfenbarger also has company in thinking that stock market investors aren't heeding the warnings of a coming downturn. Yet, the stock market doesn't seem to reflect this uncertainty, he said.

☆ Wall St Week Ahead US inflation data to test market’s bets on future Fed easing
▼ + stars: | 2023-04-07 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

Following last month’s banking crisis, investors have become more convinced the Federal Reserve will cut rates in the second half to ward off an economic downturn. That view could gain support if next week’s inflation reading shows a strong rise in consumer prices even after aggressive Fed rate hikes over the past year. The firm is recommending clients slightly underweight equities, expecting interest rate hikes to hit consumer spending and corporate profits. Bets on a more dovish Fed have boosted tech and growth stocks, whose future profits are discounted less when interest rates fall. “If the Fed was trying to protect investors, one way would be to cut rates," Hackett said.

☆ Skittish Savers Are Fleeing Local Banks. Here’s Why They Could Still Be a Great Deal for You
▼ + stars: | 2023-04-06 | by ( ) www.wsj.com time to read: +6 min

In fact, experts say now may be the time to consider what small banks have to offer. Depositors appear to be fleeing small banks because they fear problems in the banking sector could spread beyond the tiny number of troubled banks that have made headlines so far. “Which is bad for them, but good for their customers.”Of course, online banks also offer savers high interest rates that meet or exceed what most small banks offer. Small bank loansIf you are looking for a loan, small banks have a lot to offer, too. And if you already have a relationship with a small bank, you might be able to obtain more favorable borrowing terms.

☆ A hidden time bomb? A 'Big Short' investor sees financial disaster brewing in housing markets
▼ + stars: | 2023-04-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

Josh Edelson | Afp | Getty ImagesMore than a decade after a U.S. mortgage meltdown threatened to destroy the international financial system, a "Big Short" investor once again sees financial disaster brewing in the real estate market. Now, Burt believes an overlooked climate risk could see history repeating itself. U.S. housing market overvalued? watch now"The biggest reason why it matters from our perspective is that climate risk isn't being priced into the housing market," Jeremy Porter, head of climate implications at First Street Foundation, told CNBC. 'A humanitarian crisis'Far from a domestic issue, Burt stressed the climate risks associated with the U.S. housing market posed a major problem for countries worldwide.

☆ Strong first quarter has the bulls even more excited about the rest of the year
▼ + stars: | 2023-04-04 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Since the height of the financial crisis three weeks ago, the S & P 500 is up over 300 points, roughly 8%. Not surprisingly, the rest of the year is almost invariably a strong year. When the S & P 500 advances 7% or more in the first quarter, it's up an average 23% for the full year. April: spring shoots Best month for Dow Industrials: average 1.9%. advance Up 16 straight from 2006 to 2021 End of "best six months" strategy Source: Stock Trader's Almanac

☆ The stock market is gearing up for its strongest 4 weeks of the year as another signal suggests the US banking crisis is over
▼ + stars: | 2023-04-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The research firm said the S&P 500 could surge more than 4% to nearly 4,300 by the end of April. Supporting the macro environment is a cool down in bond volatility, which suggests the US banking crisis has ended. The investment research firm analyzed historical seasonal market data that suggests the S&P 500 could surge just over 4% in April to 4,275. "The Rule of 1st five days looks at years when S&P 500 gains >1.4% in 1st five days and is negative the prior year. Also supporting the case for more upside in stock prices is a signal that suggests the US banking crisis that started with the collapse of Silicon Valley Bank last month is nearing its end.

☆ Markets and the economy survived a tough first quarter, but it's not going to get any easier
▼ + stars: | 2023-04-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +8 min

Despite peaks and valleys, stocks closed the first quarter on an up note, with the S & P 500 rallying more than 7% and the tech-fueled Nasdaq soaring about 16%. .SPX .DJI YTD line S & P 500 gains so far in 2023 Indeed, the market has lived through a lifetime of scary headlines in the first three months of 2023. Despite repeated protestations from Fed officials that they are taking the higher-for-longer approach on interest rates, markets still expect cuts. AAPL .SPX YTD mountain Apple compared to the S & P 500 Only five of the 11 S & P 500 sectors are positive for the year, despite the substantial rally for the index. The net profit margin for the S & P 500 also is expected to edge lower to 11.2%.

☆ ETF outlook: Why Wall Street strategists aren't chasing a growth stock trade just yet
▼ + stars: | 2023-04-01 | by ( Jesse Pound | ) www.cnbc.com time to read: +6 min

The rally in growth and tech stocks in the first quarter caught much of Wall Street off-guard, but many ETF strategists are sticking to their call and not chasing the hot sectors quite yet. The big winners in the stock market during the first quarter were found among growth stocks. QQQ YTD mountain Growth stocks rebounded in the first quarter. One area that is popular among value investors is income funds, which can help investors offset market declines by generating cash. To be sure, the iShares strategy team has an improving view of growth stocks, at least in high quality names.

[1/2] The Credit Suisse logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 16, 2023. Credit Suisse AT1 bondholders get nothing under the UBS merger deal. A WisdomTree exchange traded fund that tracks a broad index of bank AT1s, has dropped 11% in the past fortnight. Credit Suisse AT1s made up less than 3% of the fund just before the Swiss bank's rescue, the asset manager disclosed. Deutsche Bank AT1 debt is trading at 74 cents on the dollar, off last week's lows around 67 cents but still below levels seen before the Credit Suisse writedown, Tradeweb data shows.

☆ Base10 Partners is offering its limited partners direct access to investing in unicorn startups in order to compete against VC firms with much bigger funds. Here's how.
▼ + stars: | 2023-03-31 | by ( April Joyner | ) www.businessinsider.com time to read: +5 min

Limited partners, the investors that back VC firms, are seeking out more direct deals in startups. But often LPs don't get in until long after the VC firms have invested, so they get smaller returns. VC firm Base10 Partners has launched a program to give LPs earlier access and more upside. As the exuberance in venture capital has crashed to a halt, the institutions that back VC firms, known as limited partners, have had plenty to grouse about. The VC firm Base10 Partners seeks to offer its own limited partners a remedy to this dilemma.

But after a two-week storm which had analysts and investors rushing to rework their spreadsheets, the outlook is clouded. And the ructions have left the gap between the ratios of European and U.S. banks at its narrowest since September 2017. Reflecting concerns over the stability of the sector, bank shares are set for an almost 15% monthly drop in March, after five consecutive months of gains. European bank earnings growth expectations'UNLIKELY TO BUY'Other investors see pressure on European bank earnings as they anticipate the euro zone economy will slow down. Also in the calculation mix is the ECB's campaign to raise interest rates to tackle rising inflation, which had previously been a boon for euro zone lenders.

☆ World stocks gyrate as bank contagion fears bite
▼ + stars: | 2023-03-24 | by ( Koh Gui Qing | ) www.reuters.com time to read: +5 min

"The growing sense of unease about the global banking system is heightening volatility in stock markets around the world," said Nigel Green, chief executive of deVere Group, a financial advisor. The failure of U.S. regional banks Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O) this month triggered fears of a banking contagion and prompted U.S. Treasury Secretary Janet Yellen on Thursday to pledge action to safeguard bank deposits. JP Morgan Chase (JPM.N) dropped 1.52%, the S&P 500 banks index (.SPXBK) was down 0.33%, while the KBW regional bank index (.KRX) climbed 2.92%. "I don't expect this volatility (in bank stocks) to subside anytime soon," said Peter Doherty, head of investment research at private bank Arbuthnot Latham in London. Doherty said issues of "contagion risk within the U.S. banking sector" were undoubtedly weighing on appetite for bank stocks elsewhere.

☆ BlackRock Investment Institute downgrades credit, favors short-term bonds for income
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +1 min

March 20 (Reuters) - BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists pointing to financial cracks from rapid interest rate hikes. We overweight veryshort-term government paper for income and prefer emerging markets," BlackRock Investment Institute strategists wrote in a weekly note to clients. BlackRock Investment Institute is an arm of U.S.-based investment firm BlackRock that provides proprietary investment research. BlackRock Investment Institute said it expects the Fed to raise interest rates on Wednesday. Interest rate futures show 73% odds that the U.S. central bank will raise its benchmark overnight interest rate by 25 basis points, with 27% odds of no hike, according to CME Group's FedWatch tool.

☆ Top UBS executives defend their 'emergency rescue' of Credit Suisse. Here's what comes next.
▼ + stars: | 2023-03-19 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

UBS sought to reassure investors that the Credit Suisse deal wouldn't disrupt long-term strategy. UBS agreed to acquire Credit Suisse on Sunday in a deal arranged by the Swiss government. Credit Suisse has faced crisis after crisis in recent years, from Archegos to a spying scandal. "These events could alter the course of not only European banking but also the wealth management industry more generally," Georgiou said. "It's an outcome that we may not have hoped for," Hamers said of the Credit Suisse deal.

☆ China's property sector draws closer to exit from protracted slump
▼ + stars: | 2023-03-15 | by ( Liangping Gao | Ryan Woo | ) www.reuters.com time to read: +3 min

BEIJING (Reuters) -China’s embattled property sector made new progress in its climb out of a months-long slump as official data on Wednesday showed much narrower declines in home sales, developer investment and construction starts in January-February. Property investment by developers fell 5.7% in January-February, improving from a 12% slump in December and a 10% decline for the entire 2022. Analysts expect property sales to be the first indicator to turn positive soon and see property investment rebounding in the second half of 2023. “The figures are a good start to the recovery of the property market for 2023, and will further boost confidence,” said Yan Yuejin, analyst at the E-house China Research and Development Institution in Shanghai. At the beginning of the annual meeting of China’s parliament this month, the government made guarding against risks to top property developers one of its top priorities this year, but added that it would prevent disorderly expansion by developers.

☆ Buy large cap US bank stocks as there's no evidence of a systemic banking crisis, research firm says
▼ + stars: | 2023-03-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Investors should treat the collapse of Silicon Valley Bank as an opportunity to buy large cap US bank stocks, according to TS Lombard. The SPDR S&P Banking ETF, which mostly owns large cap US banks, has dropped 23% since the start of March, representing one of its swiftest declines on record. "The SVB crisis has meant a significant tightening in financial conditions, which, in effect, is having a similar impact to that of another Fed hike... However, the market reaction in the short term looks to be overdone; we tactically buy US large cap banks," Montgomery said. And the valuations on large cap bank stocks are not stretched.

☆ GOLDMAN SACHS: Here are the 12 best growth stocks among financials as the turmoil surrounding Silicon Valley Bank and Silvergate rocks the sector
▼ + stars: | 2023-03-12 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Investors are fleeing bank stocks after the quick failure of Silicon Valley lender SVB Financial. Goldman Sachs is pointing traders to the highest-growth stocks in the new-look financial sector. US financial stocks were walloped this week after the back-to-back failures of Silicon Valley startup lender SVB Financial and crypto lender Silvergate. The stock fell 60% in a day. The KBW Nasdaq Bank Index fell 7.7% Thursday, its worst single-day loss in almost three years.

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