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☆ Credit Suisse sees Apple beating the Street this week for a couple reasons
▼ + stars: | 2023-01-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Credit Suisse is bullish on Apple shares as the tech company prepares to announce its earnings report this week. Credit Suisse also held steady on its revenue estimate of $121.6 billion for Apple's fiscal first quarter and per-share earnings of $1.92. "We see potential upside to our estimates which are below the Street," analyst Shannon Cross said in a note to clients on Monday. She also noted that margins could benefit because Apple raised prices in many countries to offset the strong dollar. Meanwhile, Cross estimates Mac revenue having declined $3.1 billion, or 27% on a quarterly basis due to backlog fulfilled during the fiscal fourth quarter.

☆ Vanguard's global investment expert explains what traders are doing to kick off 2023 and how markets are reacting to the Federal Reserve's policy tightening.
▼ + stars: | 2023-01-28 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Today, I'm sharing my conversation with Fiona Greig of Vanguard's Investment Strategy Group. Fiona Greig, global head of investor research and policy for Vanguard VanguardFiona Greig is the global head of investor research and policy for Vanguard's Investment Strategy Group. This suggests a "stay the course" posture, meaning yes there's been volatility, but the longer term outlook they have for the stock market is stable. There's some lower expectations for stock market returns in the short term, but we see pretty clear expectations and optimism for returns in the next 12 months, and even 10 years. The firm's strategists said these companies pay out a healthy dividend and can offset stock market losses in a slow-growth economic landscape.

☆ Jim Cramer's top 10 things to watch in the market Thursday: GDP beat, Tesla records, Macao recovery
▼ + stars: | 2023-01-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Credit Suisse cuts price target on Club holding to $285 per share from $365. On the Tesla earnings call, Musk also defends his ownership of Twitte r. Says he's not worried about Tesla brand and reputation due to his political tweets. LVS price target raised to $65 from $53. Oppenheimer out with a hilarious Alphabet (GOOGL) price target cut to $130 per share from $135; keeps outperform (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Elon Musk is mulling over ways to whittle down some of his Twitter debt
▼ + stars: | 2023-01-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

And speaking of cold hard reality, the Wall Street Journal reported that Elon Musk is trying to raise fresh funds to pay off some of the pricier bits of his $13 billion Twitter loan. New fundraising to the tune of $3 billion could help Musk repay the obligations he took on in his Twitter takeover. For every quarter that goes by without refinancing, the interest rate goes up by an additional 0.50 percentage point, regulatory filings show. That said, if Twitter can pay back those unsecured bridge loans, meeting its debt obligations would be much more manageable. What are some ways you think Elon Musk could boost revenue at Twitter?

☆ Upside surprises — Credit Suisse predicts these stocks will have a big 2023
▼ + stars: | 2023-01-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Certain names will surprise to the upside in 2023, according to Credit Suisse, in what's expected to be another volatile year for the stock market. Credit Suisse predicts Carnival will see upside to estimates for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2023 and 2024. Carnival has 47% upside to Credit Suisse's $16 price target, as of Wednesday's close. CCL mountain 2020-01-26 Carnival's performance since late January, 2020 Meanwhile, FedEx had a challenging 2022 but could rally nearly 27%, according to Credit Suisse's $238 price target. Nvidia shares have more than 8% upside to Credit Suisse's $210 price target.

☆ Disney’s Bob Iger and Salesforce’s Marc Benioff are the latest high-profile execs to come under pressure from activist investors
▼ + stars: | 2023-01-24 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Billionaire activist investors are putting pressure on top CEOs who were previously thought to be untouchable. Leaders of beloved brand names are coming under fire — and Marc Benioff of Salesforce and Disneys' Bob Iger are the two latest execs to feel the heat, as my colleague Matthew Fox writes. That means activist investors, moguls they may be, still face an uphill battle in winning over shareholders and management teams. What's your take on this burgeoning wave of activist investors? US stock futures fall early Tuesday, as investors brace for the next wave of high-profile earnings and despite growing hopes for a mild recession.

☆ Buy these 39 cheap stocks that are set for stronger earnings growth than their peers in 2023, according to Credit Suisse
▼ + stars: | 2023-01-23 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

But cheap stocks as a whole are set to struggle this year, according to Credit Suisse. Credit Suisse projects that high P/E stocks will increase earnings by 15.5% in 2023 while their low P/E peers will muster just 3% growth. Over the last 10 years, richly valued companies have seen an average of 14.4% earnings growth compared to an average of 8.2% earnings growth for discounted stocks. 39 cheap stocks to buy for earnings growthHowever, not all inexpensive stocks will struggle this year. Below are the cheap stocks that Credit Suisse is optimistic about along with the ticker, market capitalization, and sector for each.

☆ Here are Friday's biggest analyst calls: Netflix, Tesla, Apple, Coinbase, Tesla, Ralph Lauren & more
▼ + stars: | 2023-01-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Friday's biggest calls on Wall Street: Mizuho reiterates Amazon as buy Mizuho said it's standing by its buy rating on the e-commerce giant. Barclays upgrades Ralph Lauren to overweight from equal weight Barclays said Ralph Lauren is a "best-in-class" apparel brand. JPMorgan upgrades Regeneron to overweight from equal weight JPMorgan said it sees several positive catalysts ahead for the biotech company in 2023. JPMorgan reiterates Netflix as overweight JPMorgan said it sees growth potential after the company's strong earnings report on Thursday after the bell. JPMorgan reiterates Coinbase as neutral JPMorgan said Coinbase is a beneficiary of other company's challenges from the FTX fallout.

☆ Jim Cramer's top 10 things to watch in the market Thursday: Sell-off Day 2, P&G outlook raise
▼ + stars: | 2023-01-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Procter & Gamble (PG): earnings-per-share in fiscal second quarter of 2023 of $1.59 matches estimates; revenue of $20.77 billion slightly beats. Club holding Apple (AAPL) has been holding in at roughly 22x forward earnings estimates compared to the S & P 500's 17.5x multiple. 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 . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Inflation cools, Microsoft job cuts
▼ + stars: | 2023-01-18 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

But I think this Club stock has broken away from the pack. Wells Fargo cuts price target on Goldman Sachs (GS) to $390 per share from $400 after Tuesday's earnings disappointment. UBS cuts price target on UnitedHealth (UNH) to $550 per share from $590 after a largely solid quarter; keeps neutral (hold) rating. Analysts also reiterated their $185-per-share price target on the Club stock, which represents over 38% upside from Tuesday's close. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Hedge fund manager Boaz Weinstein bets market is wrong on Credit Suisse
▼ + stars: | 2023-01-17 | by ( Nell Mackenzie | ) www.reuters.com time to read: +3 min

"The curve trade in Credit Suisse reflects my view that one way or the other, in the next two years the drama around Credit Suisse will resolve for better or for worse. Weinstein led a proprietary trading fund at Deutsche Bank which was spun out to start Saba Capital Management in 2009. Credit Suisse's CDS surged in price through late November after the bank's $2.4 billion rights issue and the stock of the company fell to the lowest level in its 166-year history. While bearish bets against Credit Suisse mounted in late 2022, Weinstein says he watched Credit Suisse's CDS price curve make less and less sense: the 2-year protection on the bank cost about the same as the 10-year. Credit Suisse declined to comment.

☆ Eli Lilly has spent years and billions of dollars in search of an effective Alzheimer's drug. But success is not all or nothing for the stock
▼ + stars: | 2023-01-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +22 min

Eli Lilly (LLY) has spent decades researching Alzheimer's disease without successfully bringing to market a treatment that slows the memory-destroying condition. For Eli Lilly as a company, an Alzheimer's drug is an important pursuit. Lilly's Alzheimer's history Eli Lilly's "first real foray" into Alzheimer's came in the 1990s, according to Dr. John Sims, Eli Lilly's head of medical development for donanemab. Financial implications for Lilly LLY mountain 2021-10-08 The Club started a new position in Eli Lilly (LLY) in October 2021. The Eli Lilly logo is shown on one of the company's offices in San Diego, California, September 17, 2020.

☆ Jim Cramer's top 10 things Thursday: Strong jobs, Amazon cuts staff
▼ + stars: | 2023-01-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

The life sciences and medical diagnostics company is doing so much to help its share price that I find this downgrade curious. Piper Sandler cuts price target on Cyberark Software (CYBR) to $160 per share from $190, suggesting more room to drop. 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 . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Wall Street analyst calls on Thursday including Tesla & Amazon
▼ + stars: | 2023-01-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Barclays names Starbucks a top 2023 pick Barclays said the coffee giant is a "best-in-class" stock for 2023. UBS names Chipotle a top 2023 pick UBS said the Mexican chain restaurant is defensive in a "tough macro." Bank of America downgrades PNC to underperform from neutral Bank of America said shares of PNC are trading at a premium. Bank of America downgrades Ally Financial to underperform from buy Bank of America said Ally is most exposed to auto loans. Bank of America reiterates Amazon as buy Bank of America said Amazon layoffs are "not a positive signal, but good for sentiment."

Reuters Graphics3/ RE-EMERGING MARKETSWhisper it, but the emerging markets (EM) bulls are back after 2022 delivered some of the biggest losses on record. Credit Suisse particularly likes hard currency debt and DoubleLine's Jeffrey Gundlach, AKA the "bond king", has EM stocks as his top pick. Economists polled by Reuters expect headline U.S. inflation to decelerate to 3.1% by the end of 2023. Valentine Ainouz, fixed income strategist at the Amundi Institute, predicts the 10-year U.S. Treasury yield will end 2023 at 3.5% from around 3.88% currently. Reuters Graphics5/ EQUITIES: SELL NOW, BUY LATEREquity investors hope a V-shaped year for the global economy will see stocks end it comfortably higher.

☆ Stocks have taken a beating this year and investors feel worse than during 2008's Great Financial Crisis. Here's what that means for 2023.
▼ + stars: | 2022-12-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Now, unlike this newsletter and all you readers, the stock market is rounding out a year to forget. It's worth noting, too, that alongside slumping stocks, investor sentiment is worse than it was during the 2008 Financial Crisis. But in Fundstrat's view, that suggests a stock market bottom is near, if it hasn't happened already. In other words, overly bearish sentiment suggests stocks could be set up for a big rally in 2023. What's your stock market outlook for the new year?

☆ Here's why 2023 could be another solid year for dividend stocks — and how to play it
▼ + stars: | 2022-12-23 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Dividend stocks proved valuable for investors in a turbulent 2022, and many investment professionals are sticking with the group for next year. The SPDR Portfolio S & P 500 High Dividend ETF (SPYD) was down just about 1% for the year on a total return basis, easily outpacing the broader market. And with consensus expectations pointing to high interest rates and slow or even negative economic growth in 2023, dividend stocks could have quite a while left in the spotlight. Many major shops on Wall Street are bullish on dividend stocks in one form or another heading into 2023. Credit Suisse's strategist Andrew Garthwaite said in a note to clients that he was overweight dividend aristocrats, or stocks that have a long track record of growing their payouts. To be sure, investing in dividend stocks can be tricky during economic downturns, as falling profits can lead to dividend cuts or even suspensions.

☆ Private-equity firms are coming around to the idea of using more data in the investment process. It's still an uphill battle.
▼ + stars: | 2022-12-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Take Blackstone, which recently expanded a data tool it originally built for its real-estate business to be used across its PE portfolio. As recently as just a few years ago, PE firms were just starting to warm to the idea of building out data-science teams. But that tech has been a hard sell for PE firms as well, until recently. Many PE firms are just now waking up to the possibilities of the public cloud. To be fair to PE firms, figuring out how to incorporate data analysis into the investing process is no easy task.

☆ Jim Cramer's top 10 things to watch in the market Thursday: Fed selling, chip stocks boost, Disney concern
▼ + stars: | 2022-12-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Barclay's raises price target on Club holding Wynn Resorts (WYNN) to $95 per share from $75; keeps an equal weight (hold) rating. Citi raises price target on Club holding Linde (LIN) to $402 per share from $322; keeps buy rating. HSBC starts Club stock Nvidia (NVDA) with a reduce rating and a $136-per-share price target; says downside not priced in. Cowen downgrades JetBlue (JBLU) to market perform from outperform (hold from buy); trims price target to $10 per share from $9. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These stocks outperform during recessions, and Wall Street sees them doing it again
▼ + stars: | 2022-12-15 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

To protect their assets and potentially continue to see gains, investors are looking to pivot their portfolios into stocks that are poised to outperform during recessions. Then, we found the stocks where analysts expect an upside of at least 10% in the next year. The defensive name also has a healthy increase to analyst's target price – Wall Street sees the company surging more than 19% in the coming year. Southwestern Energy is the only energy company on the list, but it has the largest upside to its target price. Some stocks on the list have slumped year to date, especially technology names Semtech and Skyworks, down nearly 67% and 37%, respectively.

☆ Here are some of Credit Suisse's top stock picks heading into 2023
▼ + stars: | 2022-12-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Credit Suisse has refreshed its list of top U.S. stock picks. Microsoft is among Credit Suisse's "top of the crop" ideas, along with Discover Financial and Motorola Solutions . Here are 10 of Credit Suisse's top picks: Microsoft is a recurring "top of the crop" pick, chosen by Credit Suisse analysts for its potential to "disproportionately benefit" from the accelerated shift from infrastructure and platform layers to cloud-first roadmaps. Among the newcomers, Ross Stores is one of Credit Suisse's top picks among discount retailers. Credit Suisse's price target is about 4% from Tuesday's closing price.

☆ One of the best bets in real estate is no longer a sure thing
▼ + stars: | 2022-12-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The sure thing that's no longer a sure thing. But the shine is starting to come off what is considered one of the safest, and smartest, bets in real estate. The two largest single-family rental REITs — Invitation Homes and American Homes for Rent — have recently seen their ratings downgraded by Wall Street analysts, Insider's Alex Nicoll reports. More on the potential deal, which also might have participation from a former Wall Street CEO. If you want to leave Wall Street but don't know where to start, read this.

Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing to invest $1 billion or more into Credit Suisse ‘s new investment bank, people familiar with the matter said. Crown Prince Mohammed bin Salman is considering an investment of around $500 million to back the new unit, CS First Boston, and its CEO-designate, Michael Klein , some of the people said. Additional financial backing could come from U.S. investors including veteran banker Bob Diamond ‘s Atlas Merchant Capital, people familiar with that potential investment said. Credit Suisse previously said it had $500 million committed from an additional investor it hasn’t named.

☆ Credit Suisse stocks drop to fresh record lows, bonds suffer
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +1 min

Nov 30 (Reuters) - Credit Suisse stocks sunk to fresh record lows on Wednesday and the cost of insuring its debt soared to a new peak amid little sign that investors' concerns over the outlook for the Swiss lender were fading. Credit Suisse (CSGN.S) shares were down more than 1% in their ninth straight session in the red with the stock having lost 66% since the start of the year. Credit Suisse rights for its 2.24-billion-francs cash call were up 1% though that comes after suffering a 30% tumble on Tuesday. The cost of insuring exposure to its debt scaling a record high of 409 basis points (bps), up 2 bps from Tuesday's close, according to S&P Global Market Intelligence. Credit Suisse credit default swaps had started the year at 57 bps.

☆ Credit Suisse bonds, stock fall as bank turnaround worries investors
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +2 min

Nov 28 (Reuters) - Credit Suisse bonds fell and the cost of insuring its debt against default rose on Monday as the Swiss bank struggled to win over rattled investors following an exodus of client cash and with more litigation on the horizon. The bank had also revealed in an official filing for a capital hike that the U.S. Federal Reserve had said it intended to pursue an investigation of Credit Suisse over collapsed U.S. investment firm Archegos. Credit Suisse CDS opened the year at 57 bps. The Federal Reserve announcement suggests the bank could face additional fines related to its connection to Archegos, whose collapse rocked Wall Street as its highly leveraged stock bets went sour. Credit Suisse's 4 billion franc capital raising is designed to help put the bank back back on track following the biggest crisis in its 166-year history.

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