DIRS.INFO The most relevant business & tech news

☆ Make these 9 investments now to capitalize on volatility and investor fears, according to a manager behind a top-7% fund in the last 15 years
▼ + stars: | 2023-10-01 | by ( James Faris | ) www.businessinsider.com time to read: +10 min

Criticisms of small caps abound, though Hartman doesn't see any of them as valid reasons to ignore the group entirely. But to Hartman, those perceived flaws can actually be sound reasons to invest in small caps. "In the small-cap and micro-cap market, there's a lot of volatility," Hartman said in a recent interview with Insider. The small-cap fund also seemingly has no limit on the number of stocks it can hold. Investors can play the industrials sector with commercial aerospace stocks, Hartman said.

Persons: Brendan Hartman, Royce, Hartman, there's, It's, aren't, Russell, Garrett, Modine, he's, Garrett Motion Organizations: Opportunity, Microsoft, Haynes International, VSE Corp, Modine Manufacturing, Honeywell Locations: Taiwanese, industrials

☆ These are the 10 best cities for apartment dwellers as mortgage rates stay oppressively high — and the 3 housing markets where buying a home is actually cheaper than renting
▼ + stars: | 2023-09-30 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Lower rent prices and multi-decade-high mortgage rates mean that it's smarter to rent than buy in most large US cities right now, according to Realtor.com. Disparities between buying and renting stemmed from a split in how median costs changed in the last 12 months. "The advantage of renting became more pronounced in all rent-favoring markets," Xu and Hale wrote. But there were three cities where buying was actually cheaper than renting in August, according to Realtor.com: Memphis, Tennessee; Pittsburgh, Pennsylvania; and Birmingham, Alabama. Below are the 10 metro areas where renting makes more sense than buying right now, along with the median rent, the median monthly cost of buying and how it compares to renting, and the year-over-year changes for renting and buying.

Persons: Jiayi Xu, Danielle Hale, Xu, Hale, Realtor.com, Freddie Mac Locations: Realtor.com, Memphis , Tennessee, Pittsburgh , Pennsylvania, Birmingham , Alabama

☆ A record number of Americans are shelling out one-third of their income on rent right now — but apartments in these 47 cities are getting increasingly affordable
▼ + stars: | 2023-09-28 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

The silver lining is that rent growth for a one-bedroom setup rose by just 0.5% year-over-year, which is by far the lowest rate in the last 12 months. 47 cities where rent is fallingFurther evidence that rent growth has cooled is found in Zumper's monthly list of the 100 largest US real estate markets. Only 43 of those cities saw rent rise from September 2022, while the remainder saw year-over-year growth either flatline or go negative. Below are 47 markets where the median rent for a one-bedroom apartment is more affordable now than it was in 2022, according to Zumper. Along with each location are its year-over-year and month-over-month rent changes, average rent price, and national rent ranking among the largest 100 US cities.

Persons: Zumper, would've, Georgiades, they're Organizations: Harvard

Sports has become a hot category for venture-capital investors in recent years. While other private investors like private equity firms have set their sights mainly on teams and leagues — looking to cash in on the rising costs of media rights and the growth of live events — early-stage investors are pouring money into startups innovating in areas like sports betting, esports, sports technology, analytics companies, NIL, and more. Insider is highlighting prominent venture-capital investors who are funding startups in sports. Insider compiled this list of investors based on our own reporting as well as nominations we vetted from readers and industry experts. Here are the 26 venture capital and other early-stage investors — listed alphabetically by company — that have made prominent investments in sports in 2023:

Persons: Brad Farkas, Pareek, Jake Paul, Joey Levy's Organizations: HBSE Ventures, trampolines

☆ Buy these 5 high-upside stocks now before they pop, according to a 15-year investing veteran — including one that could soar over 50% by Halloween
▼ + stars: | 2023-09-27 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Like other technical analysts, Salama sees wisdom in mirroring the crowd, but trend-following indicators can also provide crucial contrarian buy or sell signals. Stocks have downward momentum, and the SPY just fell through the 434 level, which Salama said was key technical support. The value of the SPY is roughly one-tenth that of the S&P 500, so that corresponds to a break below 4,344 for the index. The SPY, a popular ETF mirroring the S&P 500, is oversold, according to the RSI (in blue). 5 high-upside stocks to buy nowAfter outlining his market outlook, Salama shared five stocks he's bullish on right now and gave a price target for each.

Persons: John Salama, he's, Salama, it's, they've, he'd, David Keller, Salama doesn't Organizations: Maverick, RSI, Trust, Wall Street, Bloomberg

☆ Goldman Sachs: Buy these 22 stocks that will continue to outperform as higher interest rates worsen the September selloff
▼ + stars: | 2023-09-26 | by ( James Faris | ) www.businessinsider.com time to read: +1 min

Stocks have slipped in September as interest rates, bond yields, and oil prices increase. The Federal Reserve plans to keep interest rates high to stop persistent inflation. Here are 22 stocks that Goldman Sachs believes are well-positioned to benefit from elevated rates. There are several serious threats to US stocks right now, including high interest rates, as well as rising bond yields and oil prices. Each was addressed in a September 22 note from David Kostin, the chief US equity strategist at Goldman Sachs.

Persons: Goldman Sachs, David Keller, David Kostin Organizations: Federal Reserve

☆ 'We've reached a new level of narcissism': Long-time bear David Rosenberg explains why a recession is still coming — and names 7 investments that can save investors from the pain
▼ + stars: | 2023-09-23 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Rosenberg continued: "But it's a false debate because the choice isn't between a soft landing and a recession. Consumers are the lifeblood of the US economy, and if they're forced to cut back on spending, Rosenberg thinks growth would quickly turn negative. Investors nervous about the economy should target stocks in four defensive parts of the market, Rosenberg said: consumer staples, healthcare, telecommunications, and utilities. "As growth is scarce, you want to own what's scarce, so you want to own growth stocks," Rosenberg said. "I'm probably much more bullish on growth than I am on value because value is very cyclical, and growth stocks tend to be valued on a longer-term earnings profile."

Persons: David Rosenberg, Rosenberg, we've, Rosenberg isn't, hasn't, nonfarm payrolls, that's, Uncle Sam, " Rosenberg, they're, couldn't, he's, he'd Organizations: Federal Reserve, Rosenberg Research, Technology, Fed Locations: YOLO

☆ 'There's a significant number of upside opportunities': A top-3% fund manager shares 9 of his favorite investments to make now — and why China's economy is in big trouble
▼ + stars: | 2023-09-23 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Leading fund manager Mark Costa operates in one of the toughest parts of global markets: the foreign small- and mid-cap value category. In the past decade, his Brandes International Small Cap Value Fund (BISAX) has outperformed 91% of its peers despite logging a modest 4.8% annual return in that span. Of the 11 years that Costa has co-managed the fund, 2023 is shaping up to be one of the best. His foreign-focused small-cap value fund is up 25.3% year-to-date compared to 6% for its index, which puts it in the top 3% of its category, according to Morningstar. The best opportunities Costa sees in Japan are in its regional banking and healthcare industries.

Persons: Mark Costa, he's, Brandes, Costa, Morningstar, Costa wasn't, we've, Yue Yuen, We've, they've Organizations: Costa, Value, PAX, Companies, Royce, C Locations: China, it's, Hong Kong, Indonesia, People's Republic, Europe, Japan, United Kingdom

☆ 'I don't believe in fairy tales': A veteran economist shares 10 overlooked reasons why the US economy is bound to contract, even as Wall Street bails on recession calls
▼ + stars: | 2023-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

"I don't believe in fairy tales, and I don't believe in new eras," Rosenberg said in a recent interview with Insider. The resumption of student loan payments this fall will also cut into spending, Rosenberg predicted. As excess stimulus erodes, the consumer savings rate is sliding. Higher oil and gas prices are also hurting consumers, Rosenberg said. "And they need the money because they're seeing strains on their finances from this 525 basis point runup in rates start to bite into their debt service capacity."

Persons: David Rosenberg, Rosenberg, they've, Rosenberg doesn't, it's, Louis Organizations: Bank of America, Rosenberg Research, Federal Reserve, of Locations: Saudi Arabia

☆ Buy the dip in Nvidia and make these 5 other investments now while stocks struggle, according to a long-time chart guru who called last month's market pullback
▼ + stars: | 2023-09-21 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

A bearish head-and-shoulders pattern has formed in the S&P 500, Keller said in a recent interview with Insider. The S&P 500 is in a head-and-shoulders pattern and could soon fall to around 4,100. His early August warning that stocks will slide was correct, though the S&P 500 didn't give up as much of its summer rally as the chart guru predicted. Outside of technology, Keller likes stocks in the utilities and energy sectors — specifically those in the oilfield services industry. The recent rebound of utilities, a defensive stalwart, is another signal that more market downside is likely ahead, Keller said.

Persons: chartmaster David Keller, Keller, StockCharts.com, we've, David Keller, Keller's, he's, it's, Keller didn't Organizations: Labor, Nvidia, Utilities, Energy, VanEck Oil Services

☆ These are the 10 most affordable US cities to live in with mortgage rates near multi-decade highs, according to Bank of America
▼ + stars: | 2023-09-20 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Mortgage rates are at their highest levels since the early 2000s after slipping late last year, while home price growth has ticked back up this summer after steadily falling from its pandemic peak. Mortgage rates are near multi-decade highs right now. Many people are bailing on big, pricey citiesBut not all US cities are equally affected by lofty mortgage rates and elevated property prices. 10 highly affordable US citiesProspective property owners priced out of costly cities and squeezed by historically high mortgage rates may want to look at homes in the most affordable US markets. Below are the 10 US markets with the highest affordability values as of the most recent data, according to Bank of America and the National Association of Realtors.

Persons: Freddie Mac, BofA Organizations: Federal Reserve, Bank of America, National Association of Realtors ., Denver, The Sunshine, National Association of Realtors, NAR Locations: San Jose , Los Angeles, Anaheim, National Association of Realtors . Florida, Colorado, Miami, Naples, Boulder, Angeles, New York, San Francisco, Seattle, Jacksonville , Florida, Columbus , Ohio, Austin , Texas, San Antonio , Texas, Tampa , Florida, Orlando , Florida

☆ 'Insanity upside potential': A hedge fund manager up 734% since the start of 2019 highlights the best investing opportunity he's ever seen — and explains why the remarkable oil rally will gain steam
▼ + stars: | 2023-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Renewed optimism about the economy calmed demand concerns while expectations of the largest oil production cuts since 2007 started to sap supply. Saudi Arabia and its OPEC allies refuse to boost oil production, much to the chagrin of the US. And so that's why I think it's just really, really interesting. Boosting uranium production takes years, he added, so it may take years to fix the shortage. Oil-adjacent stocks are the second-largest part of the Praetorian Capital Fund, Kupperman said.

Persons: Harris Kupperman, Kupperman, it's, I've Organizations: Energy, OPEC, Praetorian Capital Management, Capital Fund, Uranium Trust Fund, Praetorian Capital Fund, drillers, Offshore Locations: Saudi Arabia, Kazakhstan, Uzbekistan, Russia, Ukraine

☆ These 28 stocks will be the biggest winners from rising interest rates, according to a strategy chief who believes this market rally will continue to defy expectations
▼ + stars: | 2023-09-17 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

"Instead, we have found that returns tend to be slightly below average and interestingly a bit less volatile compared to lower interest rate levels." "Our work shows that US stocks can perform quite well in a higher interest rate environment despite perceptions to the contrary," Belski wrote. US interest rates are set between 5.25% and 5.5%, which is the highest range since mid-2007. Federal ReserveAfter decades of dormancy, it's unsurprising that many investors have misconceptions about interest rates' impact on stocks. Investors can continue to ride this market rally by targeting stocks with limited leverage and plenty of free cash flow since interest rates are still high.

Persons: Brian Belski, they've, Belski, they're Organizations: BMO Capital Markets, BMO, Federal, Technology, BMO Capital, BMO wasn't, Investors

☆ A top-12% portfolio manager over the last 5 years shares how he finds unloved stocks trading at massive discounts — and 6 of the top opportunities in markets right now
▼ + stars: | 2023-09-16 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Value investing can be challenging, humbling, and even lonely, as fund manager Sam Peters has learned over the last three decades. Markets are usually efficient, Peters acknowledged, meaning that stocks usually trade near their fair value. Thanks to this method, Peters' portfolio often has an unconventional combination of companies that offers diversification with the potential to compound abnormally large returns over time. Peters added: "I think we're going to be in a higher nominal rate environment, higher inflation environment, higher rate environment. Such a setup would favor value stocks over their growth peers, Peters said.

Persons: Sam Peters, Peters, he's, Morningstar, it's, we're, Johnson, They're, ROE, there's, Noble, Toby Rice Organizations: Trust Fund, Healthcare, Johnson, UnitedHealth, Insurance, International Group, AIG, Trust Locations: financials

☆ A 39-year market veteran shares why this market rally is only beginning and stocks are destined to hit new record highs in the coming months — and the 5 best ways to take advantage of it
▼ + stars: | 2023-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Market volatility (bottom half) spiked during the downturn but has steadily receded during the rebound despite a late-summer hiccup. Tim Hayes, Ned Davis ResearchHayes believes that a healthy reset shook out much of that euphoria without leaving lasting damage. History says this market rally has plenty of room to runThe final three months of the year have historically been the friendliest to stocks, Hayes said. Tim Hayes, Ned Davis Research"It doesn't follow the script precisely," Hayes said. The forthcoming market rally should broaden out, the strategist said, which should boost parts of the market that haven't participated as well, including economically sensitive small companies and sectors.

Persons: Ned Davis, Tim Hayes, who's, Ned Davis Research Hayes, " Hayes, Hayes, Morgan Stanley, Mike Wilson's, David Lundgren, they've, There's, He's, haven't, they're Organizations: Ned, Ned Davis Research, Technology Locations: China, United Kingdom, Canada, Japan

☆ These are the 10 most undervalued real estate markets in America right now, according to a housing data provider
▼ + stars: | 2023-09-14 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Price growth for US homes bounced back this summer from its lowest level in over a decade, according to a new report from real estate data provider CoreLogic. Rising mortgage rates have hurt mortgage demand. 10 undervalued markets for homebuyers to look in nowIn addition to sharing their latest Home Price Index report, CoreLogic also shared exclusive data with Insider about which US housing markets are most undervalued right now. Below are 10 undervalued metropolitan areas in the US, according to CoreLogic, along with each's home price index change from the last 12 months as of July and forecasted home price index change. The cities are listed in descending order by expected home price index change.

Persons: Price, Selma Hepp, Hepp, CoreLogic Organizations: Mortgage, New, West : Locations: California , Washington, Massachusetts, Miami , Florida, St, Louis , Missouri, Detroit , Michigan, Northeast, Vermont, New Hampshire, New Jersey, West, West : Idaho, Nevada, Montana, Washington, Arizona, Utah, Oregon, Colorado, Texas, Wyoming, California, CoreLogic

☆ Morgan Stanley: Buy these 9 stocks with up to 43% upside to hedge against the risk of a downturn for an overvalued market
▼ + stars: | 2023-09-13 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are set to give up almost all of their year-to-date gains, according to Morgan Stanley. Investors are starting to gravitate toward high-quality growth stocks despite high interest rates, according to Morgan Stanley. 9 defensive stocks to buy nowIn his note, Wilson updated Morgan Stanley's fresh-money buy list of stocks worth owning now. Despite what the name might suggest, these aren't new recommendations, but are rather firms that Morgan Stanley is very bullish on. Morgan StanleyBelow are the nine names on Morgan Stanley's fresh-money buy list, along with the ticker, market capitalization, sector, price target, and percent upside to that target for each.

Persons: Morgan Stanley, Morgan, that's, Mike Wilson, Morgan Stanley's, Wilson

☆ Here are 7 ways investors can be greedy while others are fearful as China's potential property crisis unfolds, according to UBS
▼ + stars: | 2023-09-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Here are the seven smartest ways to invest in Chinese markets, according to UBS. Stimulus should keep Chinese stocks from sinkingHowever, UBS believes that plenty of pain has already been priced into Chinese stocks. Naturally, China's property market turmoil has inspired comparisons to the US housing market bubble that led to the global financial crisis, but Yu is confident that such fears are overblown. "The government has the toolkit to minimize the risk of having something that is systematically disastrous in the financial markets," Yu said. If China's growth exceeds expectations, companies in the consumer discretionary and materials sectors will be among the biggest beneficiaries, according to UBS.

Persons: David Kelly, Xingchen Yu, Solita Marcelli, Yu, there's Organizations: US, UBS, Asset Management Locations: China, Shanghai, People's Republic, Swiss, Beijing, Taiwan

☆ UBS shares the only 4 media stocks worth buying now as the cable bundle collapses, the Disney-Charter conflict gets ugly, and streaming growth slows
▼ + stars: | 2023-09-06 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Media analysts say this dispute could be the beginning of the end for the cable bundle. After a decade of steady decline, the pay TV bundle now appears to be on life support. Charter refuses to pay Disney's higher asking price for its family of networks, including ESPN, without including Disney+ and Hulu in the bundle. The cable giant also wants its customers to have a Disney-free option for a reduced price, which may also be a non-starter. Otherwise, it plans to send its pay TV customers elsewhere.

Persons: Tim Nollen, That's, Jessica Reif Ehrlich, John Hodulik, Hodulik Organizations: Disney, Media, UBS, ESPN, Hulu, Macquarie, Bank of America, Netflix, Charter Locations: imploding

☆ How much is Hulu worth? As Disney gears up to buy Comcast's share of the streamer, analysts say Bob Iger may have to pay a hefty price.
▼ + stars: | 2023-09-05 | by ( James Faris | ) www.businessinsider.com time to read: +10 min

When it comes to Hulu, value is in the eye of the holder. However, Comcast claims Hulu is worth double what Disney is saying, according to Bloomberg — even in a tough media environment. "It's what would a willing buyer in a robust auction pay," Roberts said of Hulu's valuation at a MoffettNathanson conference in May. Another way to value Hulu is by comparing its EV-to-subscriber ratio with that of Netflix. By buying all of Hulu, Disney can position itself for the next big trend in media, Noell said.

Persons: Bob Iger, Bloomberg —, Peacock, Brian Roberts, Roberts, financials, maven, Hulu, Tim Nollen, Netflix's, Nollen, Iger, Matthew Thornton, who's bullish, Barton Crockett, Crockett, Brandon Nispel, Nispel, Jason Bazinet, Bazinet, Davis Noell, Noell Organizations: Disney, Comcast, Hulu, Bloomberg, Wall Street, Macquarie, Netflix, Rosenblatt Securities, Citigroup, Star Wars, Marvel, Providence Equity Partners Locations: Hulu

☆ New all-time highs are coming next year as a multi-year bull market rally kicks off, a veteran chartmaster says — and these 5 leading sectors look ready to dominate
▼ + stars: | 2023-09-03 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Late last summer, veteran technical strategist and hedge fund manager David Lundgren urged his clients to bet against US stocks. "That pile of wood is just sitting there waiting for a catalyst, and I think it's coming," Lundgren said. "It's not our job to agree with the market's assessment of the fundamentals," Lundgren said. 5 sectors with strong momentum right nowMany investors remain concerned about a possible recession, but Lundgren has learned to lean on market trends instead of his gut. Coincidentally — or not — 11 of the names were in one of the five sectors that Lundgren highlighted.

Persons: David Lundgren, who's, we're, Lundgren, isn't, MOTR, I'm, there's, Guess what's, Industrials, — Organizations: MOTR Capital Management & Research, Dow Jones Market, MOTR Capital Management, Research, Investors, Bank Locations: cyclicals

☆ A top-7% fund manager over the past 15 years shares the once-in-a-generation challenge she sees in markets — and names 6 stocks that look attractive right now
▼ + stars: | 2023-09-02 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

The mid-cap growth fund manager shared what qualities she's looking for in stocks. However, the mid-cap growth fund she's managed since 2001 is still a top-7% performer in the last 15 years, according to Morningstar. There's 'magic' to be found in mid-cap growthBut while elevated interest rates aren't kind to stocks, Scott still sees opportunities in many mid-sized companies. Within mid caps, Scott tends to tilt toward growth-focused companies, specifically those with sound business models that are profitable and have abundant cash flow. Instead of investing in so-called "bleeding edge" growth stocks, Scott said she prefers steady, reliable compounders.

Persons: Kimberly Scott, she's, we've, Scott, Morningstar, we're Organizations: Delaware Ivy, Growth, Federal, Growth Fund

☆ 'We're one gust of wind away from recession': A JPMorgan global strategy chief shares why the economy is still at risk despite rising optimism — and 3 places he's bullish on now
▼ + stars: | 2023-09-01 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

"We're one gust of wind away from recession," Kelly said. While he hasn't seen any cracks in that industry recently, he's wary of dismissing that as a risk, especially if interest rates climb further. The smartest investments to make now are in Europe, Japan, and emerging markets excluding China, Kelly said. But emerging markets are where many of the most tantalizing opportunities are, in Kelly's opinion. An exception within emerging markets is China.

Persons: JPMorgan's David Kelly, Kelly, David Kelly, Kelly inched, It's, hasn't, homebuilding, it's, he's Organizations: Asset Management, Fed, Federal, JPMorgan Asset Management, 19.9x, Japan's Nikkei Locations: Europe, Japan, China

☆ Rent growth nosedived again in August as tenants gain leverage over landlords — and apartments in these 42 cities are actually cheaper now than they were last year
▼ + stars: | 2023-08-31 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Rent growth is rapidly decelerating across the US after taking off during the pandemic. Lower rent growth means that the cost of an apartment is still climbing, just at a slower pace. Renting may be expensive, but considering how many are feeling about the economy, it's easy to see why so many are sticking to apartments — especially as rent growth steadily slides. 42 cities that are getting more affordableBelow are 42 real estate markets where median rent for a one-bedroom apartment is lower than it was in 2022, according to Zumper. Along with each city are its year-over-year and month-over-month rent changes, average rent price, and national rent ranking among the largest 100 US cities.

Persons: Price, Anthemos Georgiades, Georgiades

☆ These 34 real estate markets provide the best value for US homebuyers looking to build long-term equity instead of paying record-high rent
▼ + stars: | 2023-08-30 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Hopeful homebuyers can use price-to-rent ratios to see where the best deals are. Decade-high mortgage rates and a housing market shortage have made homebuying complicated for everyone, and impossible for many. That way, buyers can get an attractive deal and build equity instead of getting caught in a housing market bubble. Below are the 34 such markets, along with the price-to-rent ratio as of July 31, the average price-to-rent ratio since March 2015, and the current premium to that long-term average. Only one city — New Orleans, Louisiana — has a discounted price-to-rent ratio, meaning that the city is especially appealing for buyers right now.

Persons: Ken Johnson, Johnson, Eli Beracha, William Hardin of, Beracha, — New Orleans , Louisiana — Organizations: Florida Atlantic University, Florida International University, Florida Atlantic, William Hardin of Florida International University Locations: West Coast, East Coast, Florida, — New Orleans , Louisiana

Search resuls for: "James Faris"

25 mentions found