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☆ Look beyond the 'Magnificent Seven' tech stocks, analyst says — and names 5 top picks
▼ + stars: | 2023-08-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

When it comes to picking stocks, Hannah Gooch-Peters of asset management firm Sanlam Investments UK avoids chasing trends. She said she believes investors need to look beyond the "Magnificent Seven," referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. Sanlam's $5 billion-plus Global High Quality Fund invests in global stocks with a "high quality bias." The companies her firm picks have rather low capital expenditure as a percentage of their sales, she said. It also has a "mortgage-signing technology service which is "really, really exciting," she said.

Persons: Hannah Gooch, Peters, Gooch, We're, it's, you've, That's Organizations: Sanlam Investments, Apple, Microsoft, Nvidia, Tesla, CNBC, Quality Fund, Peters . Services, Yum Brands, KFC, Taco Bell, Intuit, SAP, Intercontinental Exchange, Samsung Electronics

☆ Morgan Stanley's Slimmon says the S&P 500 will near 5,000 by year-end — and names 3 stocks to buy
▼ + stars: | 2023-08-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley Investment Management's Andrew Slimmon believes markets are set for a "strong rally" by the end of the year. He told CNBC's " Street Signs Asia " on Tuesday that he believes the S & P 500 will be "closer" to 5,000 by then. Stock picks Slimmon is positive on three stocks to buy right now: Alphabet , industrial equipment rental firm United Rentals , and building materials firm CRH . As for United Rentals and CRH, Slimmon said they're set to benefit from the increased spending on public works. Analysts covering United Rentals and CRH give them potential average upside of 10% and nearly 18%, respectively, according to FactSet.

Persons: Morgan Stanley, Andrew Slimmon, CNBC's, Slimmon, It's, haven't, Stock, they've, they're, –, — CNBC's Michael Bloom Organizations: Morgan Stanley Investment, United Rentals, Apple, Microsoft, Nvidia, Tesla Locations: Monday's

☆ 'Absolutely formidable': Analyst names her top chipmaker and explains why it has the edge
▼ + stars: | 2023-08-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

South Korean giant Samsung Electronics has an edge over other semiconductor companies, according to Hannah Gooch-Peters of asset management firm Sanlam Investments UK. Semiconductor firms have "to massively invest," Gooch-Peters said. Samsung produces dynamic random access memory chips and NAND chips. And you know … if you've got generative AI you need these memory chips to be able to use it," she added. It also has its very stable smartphone business, Gooch-Peters said.

Persons: Hannah Gooch, Peters, Gooch, Samsung's, it's, you've Organizations: Samsung Electronics, Sanlam Investments, CNBC, Semiconductor, Samsung, Taiwan Semiconductor, Qualcomm, Tesla, Intel, Sony, Korea Exchange, London Stock Exchange, Luxembourg Stock Exchange, Korea ETF, BetaShares Asia Technology Tigers Locations: Korea, Asia

☆ BofA names its 5 favorite AI-linked stocks — giving one 30% upside
▼ + stars: | 2023-08-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

It gave the stock a price target of $1,050, or nearly 20% upside. Nvidia: BofA said the firm still has "stronger growth opportunities ahead," as data centers could face strong long-term demand. It gave the stock a price target of $80, or around 30% upside. The bank gave the stock a price target of $510, or nearly 14% upside. The bank gave the stock a price target of $285, or 25% upside.

Persons: BofA, — CNBC's Michael Bloom Organizations: Nvidia, Facebook, Google, Microsoft, Broadcom, Marvell, Cadence

☆ This U.S. stock is a 'formidable business' with a 'really exciting runway' for growth, analyst says
▼ + stars: | 2023-08-25 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Gooch-Peters said ICE has tapped the huge amount of data from its exchanges arm to boost its data analytics. Gooch-Peters also called its mortgage-signing technology "really, really exciting." "We think the runway for growth, particularly on that mortgage technology side is really exciting. Its $5 billion-plus Global High Quality Fund invests in global stocks with a "high quality bias." "You've got this sort of inherent resilience of very high quality companies, their earnings streams are more resilient.

Persons: Hannah Gooch, Peters, Gooch, they've, it's, You've Organizations: Intercontinental Exchange, Sanlam Investments, CNBC, ICE, New York Stock Exchange, Quality Fund

☆ ‘Dividend aristocrat’: Investors are getting more bullish on this sector, naming stocks to buy
▼ + stars: | 2023-08-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

And hedge fund manager David Neuhauser of Livermore Partners told CNBC's " Street Signs Asia " that the "best asset class" is oil stocks. Typically, in a recession, oil prices could dive to $50 a barrel, he said. Stocks to buy Neuhauser said Livermore owns small-cap energy stocks Kolibri Global and Vista Energy — because of limited supply and strong returns on capital, as well as low valuations. Still, energy stocks are an option for investors seeking inflation protection, Dietze said. He said energy stocks are "a far superior alternative" to Treasury Inflation-Protected Securities.

Persons: BofA, David Neuhauser, CNBC's, Neuhauser, Livermore, David Dietze, Dietze, Warren Buffett's Berkshire Hathaway, subsector, That's, — CNBC's Michael Bloom Organizations: Livermore Partners, Vista Energy, Wealth Management, Exxon, Mizuho, Securities, Dominion Energy Locations: Chevron, U.S, Wednesday's, Saudi

☆ How strong is the U.S. consumer? Two investors weigh in, naming stocks to buy — and types to avoid
▼ + stars: | 2023-08-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

"A rise in 10-year rates, has historically been devastating for consumer and consumer discretionary stocks," he said. "With the 10-year breaking above 4.25%, we are seeing all those consumer discretionary stocks that have had big years pull back sharply." For Stutland, that consumer strength is keeping him bullish on the stock market and U.S. economy in general — but not consumer discretionary stocks. "I'm staying away from the lower market cap weighted stocks and consumer discretionary from those apparel type brands," he said. "As a whole, consumer discretionary stocks to invest in are narrowing.

Persons: Jason Ware, Brian Stutland, Ware, nonfarm, Dow Jones, Stutland, I'm, Stocks Organizations: Albion Financial Group, Equity Armor Investments, Fund, New York Federal Reserve, Starbucks, Visa Locations: U.S, New

☆ Goldman Sachs names 6 stocks set to beat 'intense competition' in the EV industry
▼ + stars: | 2023-08-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The second comprises companies that tap opportunities leveraging new tech and business, said Goldman, naming stocks such as Panasonic, Toyota Industries and Hon Hai Precision Industry. Tesla : Goldman noted that Tesla is ramping up its in-house battery manufacturing capabilities — in addition to its partnerships with battery suppliers. Goldman gave Toyota a buy rating, and 12-month target price of 2,800 Japanese yen ($19.25), representing about 19% potential upside. Toyota Industries : Last year, Toyota Industries developed a bipolar nickel-metal hydride battery for hybrid vehicles. Goldman gave Toyota Industries a neutral rating, and 12-month target price of 9,200 Japanese yen, representing about 7% potential downside.

Persons: Price, Goldman Sachs, Goldman, Hon Hai, Hai, Tesla, BYD, — CNBC's Michael Bloom Organizations: BYD, Toyota Motor, Panasonic, Toyota Industries, Hai Precision Industry, ICT, New, Toyota, EV Locations: Chinese, New Taiwan, EVs

☆ These stocks pulled back in August but analysts expect them to bounce back — giving one 103% upside
▼ + stars: | 2023-08-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The major U.S. averages have been in negative territory this month , and valuations are coming down from their lofty heights. The S & P 500 has declined 4% this month, and the Nasdaq Composite about 6%. Still, there are some who are optimistic on the S & P 500, which is at around 4,404 as of Wednesday's close. George Ball, chairman of investment firm Sanders Morris Harris, predicts that S & P 500 will land at 5,000. ZoomInfo's losses were among the biggest, tumbling nearly 30%, with average price target upside of 49%.

Persons: Sameer Samana, George Ball, Sanders Morris Harris, Stocks, Baidu, SolarEdge Organizations: Nasdaq, U.S . Federal, Vanguard FTSE, Wells, Wells Fargo Investment Institute, CNBC Pro, PayPal, ON Semiconductor, Infineon Locations: U.S, Wells Fargo, Samana, Snowflake

☆ Ark Invest says it's not A.I. hardware it's focused on, it's software — and names 2 stocks
▼ + stars: | 2023-08-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

"We see that for every dollar spent on AI hardware like Nvidia GPUs, $8 could be pulled through in terms of AI software," he told CNBC's " Squawk Box Asia " on Wednesday. Ark Invest's flagship Ark Innovation ETF (ARKK) exited its position in Nvidia entirely in early January. 'Huge' beneficiaries Leggi named two AI software stocks that Ark is "focused on": Communication platform software firm Twilio and virtual health-care company Teladoc . Twilio accounts for 4.11% of the ARK Next Generation Internet ETF, and 4.04% of the ARK Innovation ETF, where it's in the top 10 holdings. Teladoc makes up 3.17% of the ARK Next Generation Internet ETF and 3.68% of the ARK Innovation ETF.

Persons: Renato Leggi, CNBC's, …, Leggi, Teladoc, it's Organizations: Nvidia, Invest, Innovation Locations: U.S

☆ Top Morningstar strategist tells investors to sell these 6 'overvalued' stocks — and names 5 to buy
▼ + stars: | 2023-08-16 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Despite last week's selloff, the strong rally this year means U.S. markets are now trading at only a small discount compared with the start of the year, says top Morningstar strategist Dave Sekera. He named six such stocks: Nvidia , Tesla , Oracle , Netflix , Apple , and Eli Lilly . Stocks to buy Still, Sekera said, there are opportunities in some stocks that investors can get into. He names five that he likes and that are still trading at a discount to their fair value. American Tower : This REIT, which owns cell phone towers, is trading at a 18% discount, Morningstar said.

Persons: selloff, Dave Sekera, CNBC's, Sekera, Eli Lilly, Morningstar, Stocks Organizations: Nasdaq, Nvidia, Tesla, Oracle, Netflix, Apple, Tech, Microsoft, Cognizant, Morningstar, Morningstar . U.S . Bancorp, U.S, Bank, Jacobs Solutions, RTX Corp, Pratt & Whitney Locations: U.S, Morningstar .

☆ 'China has disappointed': These are the top markets and stocks to invest in, according to the pros
▼ + stars: | 2023-08-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

In contrast, nearly $1 billion went into emerging market ex-China mutual funds, according to Refinitiv data that Reuters cited. Here are some alternatives to China and the stocks to invest in, according to the pros. Japan Japan stocks have been an investor favorite this year, seeing the highest inflows in 20 years, according to Eastspring Investments. Demand for Japan funds has surged among European investors, according to data from research firm Cerulli. The bank screened for Japan stocks with the following attributes: resilient earnings, price-to-book (P/B) ratio below 1.5, and potential P/B upside relative to return on equity.

Persons: Morningstar, “, ”, Derrick Irwin, there's, Oliver Lee, BofA, Joanne Peng, Allspring's Irwin, Irwin, Fomento, He's, Morgan Stanley, Will, ” Irwin, Cerulli’s Peng Organizations: Morningstar, CNBC Pro, Reuters, Allspring Global Investments, CNBC, “, Eastspring Investments, Ivailo, Mitsui & Co, Honda Motor, Nomura, Kansai Electric Power, Mitsubishi Motors, Panasonic, Mexicano, HDFC Bank, HDFC Locations: European, China, India, Beijing, Japan Japan, Japan, Europe, Vietnam, Asia, Indonesia, Malaysia, Southeast Asia, Mexico, America, Will China

☆ Buffett disciple Guy Spier names the only chip stock he owns — and explains why he avoids Nvidia
▼ + stars: | 2023-08-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Spier, who calls himself an "ardent disciple" of legendary investor Warren Buffett, manages the $350 million Aquamarine Fund. Spier closely follows Buffett's investing principles, and the Aquamarine Fund is inspired by the original 1950s Buffett Partnership era . The only chip stock Spier owns Spier has only one chip stock in his portfolio: Micron , one of the world's largest producers of memory chips. "In memory chips, it's going to be a stable profit pool, providing something very important for all computing, which is memory. And that profit pool will be shared by the existing players, which may still consolidate even farther," Spier said.

Persons: Guy Spier doesn't, Price, it's, Spier, Warren Buffett Organizations: Nvidia —, CNBC, Nvidia, Aquamarine, Buffett, Micron

☆ Annuities, stocks or Treasurys? Pros weigh in on the best source of retirement income right now
▼ + stars: | 2023-08-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Treasury yields and stocks have more upside ahead, according to some Wall Street investors, and annuities are yielding more than ever. So if you're nearing — or already in — retirement, which offers the best source of income? Stocks vs. annuities David Dietze, senior investment strategist at Peapack Private Wealth Management, recommended annuities and stocks — with some caveats. Right now, however, Rekenthaler said he would go for annuities, bonds or funds because real interest rates are high. Treasurys Samana of Wells Fargo Investment Institute said she likes Treasurys best — given the firm's expectations of a recession.

Persons: David Dietze, Dietze, John Rekenthaler, Rekenthaler, Samana, Morningstar Organizations: CNBC, Wealth Management, Morningstar, Securities, Wells, Wells Fargo Investment Institute, ExxonMobil, Shell Locations: Wells Fargo, U.S, Samana

☆ Alibaba, TSMC and more: Goldman Sachs names stocks to play 3 A.I.-related sectors
▼ + stars: | 2023-08-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Widespread artificial intelligence adoption could fuel productivity, benefit economies and even boost major currencies, according to Goldman Sachs. But the clearest impact will be on stocks, said the investment bank in a July note. "The impact is clearest in equities, which should rise on a higher forward outlook for GDP and profits," Goldman wrote. AI adoption could directly boost the level of global gross domestic product by 7% — or roughly 5% in emerging markets and 10% in developed markets, Goldman said. In a separate Aug. 3 report, Goldman identified AI as one of five themes in Asia-Pacific it's positive on.

Persons: Goldman Sachs, Goldman, CNBC's Michael Bloom Organizations: U.S Locations: China, Asia, Pacific, Greater China, South Korea

☆ Top tech investor names 5 tech stocks to buy — and says 2 still have 'a lot of upside'
▼ + stars: | 2023-08-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Top tech investor Paul Meeks says he'll likely buy the dip in stocks, as he doesn't expect a significant and long-lasting downturn, he told CNBC. "Tech and aggressive growth stocks in particular, have done so well, this year, probably got way ahead of themselves going up too far too fast. The five tech stocks he said he would buy are Meta , Alphabet , Extreme Networks , Arista Networks and Shopify . Meeks added that he would also consider one small-cap tech stock that's "too cheap:" Harmonic , a video-streaming tech company. Here's how much average potential upside Wall Street is giving the stocks Meeks mentioned, according to FactSet.

Persons: Paul Meeks, he'll, Meeks, CNBC's, Amazon Meeks, He's, AAPL Organizations: CNBC, Wall, Nasdaq, Dow, Tech, Independent Solutions Wealth Management, Networks, Arista Networks, Apple, titans Apple, Oracle Locations: U.S, China

☆ 'Stark contrast' to China: Morgan Stanley upgrades India stocks and shares 4 top picks
▼ + stars: | 2023-08-04 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Morgan Stanley upgraded Indian stocks to "overweight" from "equal weight," citing a strong profit outlook and the country's attractiveness to investors in a "multipolar world." India's situation is in "stark contrast to that in China," the bank said in its Aug. 2 note. Morgan Stanley downgraded Chinese stocks to equal weight in the same note. Stock picks While Indian stock valuations "overshot somewhat" last October, it's "less extreme" now, Morgan Stanley said. Morgan Stanley added two Indian stocks to its focus list: Maruti Suzuki : Morgan Stanley said the automaker is set to benefit from a higher per-capita income in India; an expansion in market share; and an improving product mix.

Persons: Morgan Stanley, capex, Maruti Suzuki, Larsen, Toubro, — CNBC's Michael Bloom Organizations: Maruti, ICICI Bank, Hindustan Aeronautics Locations: China, India, Saudi Arabia

☆ 'Realistic, not frothy': Investor says S&P 500 will hit 5,000, names stocks to buy in that scenario
▼ + stars: | 2023-08-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Some on Wall Street are getting increasingly bullish on the S & P 500 , raising their price targets for the index. It increased its year-end S & P 500 price target from 4,400 to 4,900 — the highest in CNBC's Market Strategist survey . Mid-cap tech stocks : Ball said "mid tech is the equity place for tomorrow." Big tech stocks have contributed to much of the gains this year — although the rally is broadening out — but other well established "but not gigantic" tech stocks have "more premise looking ahead." Energy stocks: The S & P 500 energy subsector has underperformed this year, gaining just 1% to date.

Persons: Sanders Morris Harris, George Ball, CNBC's, Ball Organizations: Oppenheimer Asset Management, CNBC's, Citi, Trade, Energy, Enterprise Products Partners Locations: Tuesday's, bitcoin

☆ Want to play the EV boom? Citi names 4 battery stocks — including one it says has nearly 40% upside
▼ + stars: | 2023-08-02 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Overall, EV battery demand is set to rise 22% year on year in 2023, according to Citi. It gave CATL a price target of 329 Chinese yuan ($45.9), or potential upside of 38%. It gave LG Energy Solution a price target of 690,000 Korean won ($537), or potential upside of 23%. It gave Panasonic a price target of 2,200 Japanese yen ($15), or potential upside of 25%. It gave Albemarle a price target of $275, or potential upside of nearly 30%.

Persons: Stock, it's, — CNBC's Michael Bloom Organizations: Citi, EV, Amperex Technology Co, LG, LG Energy, Korean, Panasonic, Albemarle Locations: U.S, —, China, North America, Albemarle

☆ Tech's done well this year — and Goldman Sachs says these 6 stocks have even further to go
▼ + stars: | 2023-08-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Tech stocks have already had a strong year, but one corner of the sector has more "appealing" opportunities in store for investors, according to Goldman Sachs. Software stocks that Goldman covers have already soared 37% in the year to date, said the bank in a July 21 note. Goldman added that software companies are more "adequately set up to outperform" in the second quarter and for the rest of the year. This sets the stage for a potential return to the more normalized beat-and-raise cadence typically associated with software companies," the bank's analysts said. Six software stocks Goldman said these stocks still offer strong investment opportunities: Adobe , Salesforce , Monday.com , Microsoft , ServiceNow , Workday .

Persons: Goldman Sachs, Goldman, they'll, — CNBC's Michael Bloom Organizations: Software, Microsoft, Adobe

☆ Analysts love these cheaper stocks from the U.S. and beyond — and expect one to double
▼ + stars: | 2023-07-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

As a result, however, valuations have risen, with the S & P 500's forward price-to-earnings ratio trading at 19.69 as of Friday. The index has a forward P/E ratio of around 16 as of Friday. When it comes to U.S stocks, Delta Airlines ' potential upside was among the highest at 34%, as was its 85% buy rating. And it has a forward P/E ratio of 6.3 — significantly below the S & P 500's. It has a 13.5 forward P/E ratio — on the list's higher side.

Persons: Wells Fargo Organizations: Dow, CNBC Pro, Delta Airlines, PayPal, Disney, Porsche Locations: U.S

☆ These 11 funds have performed as well as tech stocks over the past 5 years
▼ + stars: | 2023-07-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Look beyond tech But there are opportunities beyond tech: Morningstar data reveals the funds outside of tech and growth sectors that have also outperformed over the last five years. Top holdings include Home Depot, Johnson Controls International, Floor & Décor and Trane Technologies. Guinness Atkinson Alternative Energy Fund : This fund picks companies in the alternative energy sector, with at least half of the business dedicated to renewable energy or energy efficiency. Global X Lithium and Battery Tech ETF : The ETF comprises lithium producers and lithium battery makers — all essential to electric vehicles. Top holdings include United Airlines, Marathon Oil, Tyson Foods, Best Buy, and Synchrony Financial.

Persons: James Demmert, Hubbell, MasTec, Invesco Russell, Russell, Vanguard Baillie Gifford Organizations: Street Research, U.S . Federal, Morningstar, Enphase Energy, Fidelity, Housing, Home, Johnson, Trane Technologies, Guinness Atkinson Alternative Energy Fund, Schneider, NextEra Energy, Shelton Sustainable Equity Fund, Bunge, Battery Tech ETF, Samsung SDI, Trust, Industrial Renaissance, SPX Technologies, Sterling Infrastructure, Global, U.S . Infrastructure Development, Holdings, Rockwell Automation, United Rentals, Deere, Co, United Airlines, Marathon Oil, Tyson Foods, Synchrony, Heptagon, Equity Fund, Xenon Pharmaceuticals, TransMedics, FTAI Aviation, Vanguard, Moderna, Alnylam Pharmaceuticals, Coursera, Water Resources, Nasdaq, Water Locations: Luxembourg, Eaton, Albemarle

☆ CNBC Daily Open: The Dow faltered but the U.S. economy charged ahead
▼ + stars: | 2023-07-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Gross domestic product grew at an annualized 2.4% rate in the second quarter, according to the Commerce Department. That's higher than the 2% estimate from Dow Jones and the first quarter's 2% growth. In other good news, the personal consumption price index rose 2.6% in the second quarter, down from 4.1% in the first.

Persons: Dow Jones, Tan Organizations: CNBC, Dow Jones, Shanghai, Nikkei, Bank of Japan's, Bank of Japan, U.S ., Gross, Commerce Department, Dow, Intel, Tech Locations: Asia, Pacific, Japan, U.S

☆ 'Harder to find': Goldman Sachs names stocks with growth at a 'reasonable' price — and more
▼ + stars: | 2023-07-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Stocks with "reasonably valued" growth are becoming harder to find — given the increasing overlap between high-growth and expensive stocks, according to Goldman Sachs. First screen The first focused on stocks with growth at a reasonable price. SolarEdge Technologies : Investors can also look for strong growth from favorable geographic and end-market exposure. "Its refreshed, modern restaurant POS [point of sale] platform and new verticals should drive market share growth," Goldman analysts wrote. "We believe margins will remain in focus through 2023 and into 2024," Goldman said.

Persons: Goldman Sachs, Goldman, Goldman's, Johnson, Michael Bloom Organizations: Technologies, SolarEdge, BioMarin Pharmaceutical, Constellation Brands Locations: Europe, U.S

☆ 'Remain fully invested:' Evercore's Emanuel names the stocks set to outperform
▼ + stars: | 2023-07-26 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Evercore ISI's Julian Emanuel says it's time to buy "sector neutral" stocks with earnings momentum but lagging price momentum. Names with earnings momentum Emanuel told CNBC on Tuesday that there's a group of stocks whose earnings momentum is "superior to peers." "We recommend remaining fully invested, shifting focus to a sector neutral quant screen of stocks whose EPS momentum is better than peers yet whose price momentum lags since the March inflection to Maximum Momentum," he wrote in a July 23 note. "Such 'Earnings Mo' to Price Mo'" stocks could be expected to outperform as price momentum leaders 'cool off,'" he wrote. But he said that the long-term story is "exceptionally robust," thanks to an expected "productivity boost" from China.

Persons: Evercore, Julian Emanuel, Emanuel, Price Mo, CNBC's Organizations: CNBC, Deere & Co Energy, Cheniere Energy, Alnylam Pharmaceuticals Communication, Pinterest, Eversource Locations: China

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