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☆ Tesla vs. BYD: Market pros pick their favorite electric vehicle giant
▼ + stars: | 2023-03-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Tesla has long been an investor favorite for exposure to the electric vehicle transition, but not everyone is convinced. Berkshire Hathaway-backed BYD , for example, is often touted as a better bet than Tesla. BYD is so much ahead of Tesla in China ... it's almost ridiculous," Charlie Munger, vice-chairman of Berkshire Hathaway, said last month . "Long term, Tesla is not a car company and that's the difference. 'Take profit' in Tesla Wall Street veteran David Trainer has a more bearish view, however, as he urged investors to "take profit" in Tesla.

☆ Nvidia will soar 19% as the market's top semiconductor stock because their chips work most seamlessly with AI and they already have a head start, Credit Suisse says
▼ + stars: | 2023-03-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Nvidia stock is set to hit $275 due to its leadership in AI, according to Credit Suisse. Nvidia shares have jumped more than 60% since the year's start as ChatGPT has raised AI hype. Characterizing Nvidia as the "leading silicon AI enabler," Credit Suisse said its graphic processing units are at the core of AI development and machine learning. Moreover, Nvidia's software will be its "competitive moat" in AI that keeps other companies at bay, Credit Suisse said. Credit Suisse is not alone in its bullishness.

☆ Beware these stocks with high leverage as a potential recession looms, Wolfe Research says
▼ + stars: | 2023-03-07 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Concerns of an impending recession have become paramount in corporate America after the Federal Reserve began raising interest rates in a bid to cool inflation. Given this environment, Senyek screened for stocks that could be most vulnerable as interest rates rise and the economy slows. Norwegian Cruise Line also made the list, but for its estimated floating debt rate. TransUnion also raised a red flag for its 98% estimated floating debt rate. Despite the floating debt rate and lackluster earnings forecast, others are still optimistic about the credit reporting agency.

☆ DOJ will hire more data experts to scrutinize digital monopolies, antitrust chief says
▼ + stars: | 2023-03-06 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —The Justice Department will expand its stable of data experts charged with analyzing how businesses use and abuse consumer data to violate US antitrust law, the agency’s antitrust chief told CNN in an onstage interview Monday. DOJ’s antitrust division plans to post additional job listings for data scientists and analysts, Assistant Attorney General Jonathan Kanter said at a Washington conference. Under Kanter, the division has already hired technologists and a chief economist with a background in computer science and machine learning. “A lot of the assumptions have been that consumers can discipline bad behavior [of a company] by switching. But if consumers don’t switch as easily as they used to, or if consumers are being nudged in one direction or another, that’s a market reality we need to understand.”

☆ Morgan Stanley's Jonas calls Ferrari his top pick, replacing Tesla
▼ + stars: | 2023-03-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Morgan Stanley has replaced Tesla as its firm-wide top pick with Ferrari . Analyst Adam Jonas increased Ferrari's price target by $30 to $310, implying the stock could rally 14.2% over the next year. Nearly half of the increase to Ferrari's price target stems from foreign exchange, as the dollar's recent fall against the euro helped the Italy-based company, Jonas said. To be sure, Jonas still rates Tesla as overweight and has a $220 price target on the stock, implying upside of 11.2% from Friday's close. RACE TSLA YTD mountain Ferrari and Tesla — CNBC's Michael Bloom contributed to this report.

☆ Goldman makes a big call on Apple that jibes perfectly with our long-term outlook
▼ + stars: | 2023-03-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The growth of Apple's services revenue in recent years has fueled our enduring investment mantra: Own Apple, don't trade it. Apple shares rose 270.5% between Feb. 6, 2018 and Friday's close, far outpacing the S & P 500's roughly 50% advance over that period. Over the 12 months in which Goldman had a sell on Apple shares, the stock climbed about 89% . In particular, we appreciate the analyst's conviction in the company's services growth, which includes the App Store and Apple Music. As that base of active device users expands, the number of people who will pay for additional Apple services grows alongside it.

☆ BNPL Sezzle had a brutal 2022. The fintech's CEO lays out its comeback plan amid a competitive field in payments.
▼ + stars: | 2023-03-06 | by ( Paige Hagy | Bianca Chan | ) www.businessinsider.com time to read: +6 min

Fintech Sezzle is betting on a comeback after a miserable year for not only itself but the wider buy now, pay later market. Murphy's LawTrue to Murphy's Law, anything that could go wrong did go for Sezzle, Charlie Youakim, Sezzle's CEO, told Insider. In February of 2022, Sezzle announced it would be bought by Zip, another Australian-traded BNPL. The shift leaves room for a "proliferation" of BNPL and other payment options, Savage said. That way, Sezzle can still extend credit to the customer, who can theoretically build on their credit score with short-term payments.

☆ Morgan Stanley's long-time Tesla bull just named Ferrari as the new top auto stock, saying its 'unmatched brand' makes it best positioned to handle macro uncertainty
▼ + stars: | 2023-03-06 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Ferrari on Monday replaced Tesla as Morgan Stanley's top stock pick among automakers. Morgan Stanley sees 14% upside in the Ferrari stock, lifting its price target to $310 a share. "We see Ferrari as the most defensive name in our coverage that avoids much of the EV hype and EV risk. The investment bank raised its price target on NYSE-listed Ferrari to $310 a share from $280. The bank has a $220 price target on Tesla.

☆ How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they're labeling as "top picks" as their exposure to AI development opens them up to new revenue streams
▼ + stars: | 2023-03-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Badri's price 12-month price target for shares of Microsoft is $285. The analysts said that growing AI use cases will help Taiwan Semiconductor Manufacturing Company and their high performance computing business, which has already doubled since 2016. Credit Suisse's 12-month price target for the stock is $330, which is upside of 16%. Chou has a price target of NT$1,100 for the stock, meaning 13.5% upside. Both Taiwan Semiconductor Manufacturing Company and Baidu are traded on US exchanges, while Accton and Wiwynn are traded in Taiwan.

☆ This half-century old fund seeks out global value and has Warren Buffett's style all over it
▼ + stars: | 2023-03-03 | by ( Yun Li | ) www.cnbc.com time to read: +5 min

Warren Buffett has inspired generations of value investors, and one 53-year-old, market-beating mutual fund has his legacy all over it. For almost three decades, starting in 1979, the fund was run by another acolyte of value, Jean-Marie Eveillard. Since 1979, First Eagle Global has returned more than 12% annually, even including the 5% load fee charged on the first $25,000 invested. The fund employs three main elements when it comes to security selection within the universe of global value, Brooker said. When we're not able to find things that make sense to us, that meet our underwriting criteria, we'll wait in cash," Brooker said.

☆ Here's what every major analyst thought of Tesla's investor day
▼ + stars: | 2023-03-02 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Analysts aren't budging on Tesla coming off an investor day that they see as offering little detail on the electric vehicle maker's future plans. Bernstein analyst Toni Sacconaghi, a noted bear on the stock, called the meeting "somewhat disjointed and fairly technical." The investor day came as investors grow increasingly cautious following Musk's chaotic purchase of Twitter and recent price cuts to some Tesla models . Wells Fargo Analyst: Colin Langan Price target: $190, a downside of 6.3% from Wednesday's close Rating: Staying equal weight "It's unclear how long the recent Model3/Y price cuts will sustain demand. There was also no comment on a Model 3/Y refresh or any major update on Tesla Bot or FSD.

☆ In the midst of the AI boom, investors are doubling down on diligence. Here are the five questions VCs are asking every generative AI startup during pitches.
▼ + stars: | 2023-03-02 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

Buzzy generative AI startups have so far avoided the troubles plaguing the rest of the tech world. Here are the five diligence questions investors are asking generative AI startups, according to VCs. But for generative AI startups, 2023 has been much of the same — and that hasn't been a bad thing. Insider spoke with eight of these VCs about the top five questions they're asking generative AI startups during diligence processes. One hallmark of generative AI startups are their eye-staggering round sizes.

☆ Warren Buffett's 'secret sauce' for investing success: Be 'business pickers' not 'stock pickers'
▼ + stars: | 2023-03-01 | by ( Mike Winters | ) www.cnbc.com time to read: +5 min

Berkshire Hathaway founder Warren Buffett — one of the most successful investors in the world — says he and vice chairman Charlie Munger are not "stock pickers; we are business pickers." "We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business," Buffett wrote in a 1989 shareholder letter. When a stock price seems low compared to the company's value, that's an opportunity to buy. But that doesn't mean that Buffett and Munger seek out the best bargains based on the stock price alone. You're investing in the business long-term, not just the stock price at the time of purchase.

☆ These highly rated stocks have big economic moats and they are outpacing the market this year
▼ + stars: | 2023-02-24 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The so-called moat has been a popular factor to pick stocks, touted by none other than Warren Buffett, and these names with a wide moat are outperforming the market this year. CNBC Pro used Morningstar to identify wide moat stocks that are beating the market this year. We also screened stocks with a market cap bigger than $500 million and rated 4 or 5 stars by Morningstar. On the top of the list were two big tech stocks — Meta and Salesforce . Automation company Teradyne and tech name Transunion were also wide moat stocks, according to Morningstar.

☆ Buffett TSMC's U-turn spotlights chips' siren call
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Feb 16 (Reuters Breakingviews) - A lot can change in three months, especially in the world of semiconductor investing. Warren Buffett's Berkshire Hathaway (BRKa.N) inexplicably sold most of its $4.1 billion holding in Taiwan Semiconductor Manufacturing (2330.TW), a position only disclosed in November. For TSMC, Berkshire probably pocketed a 9% return, Reuters reported citing analyst estimates, having held the stake for roughly three months. He may be right about TSMC, which boasts a monopoly in advanced chipmaking and superior profitability - the "moats" Buffett prizes so highly. Moat or no moat, the outlook for chips is getting dicey.

☆ Is it time to buy Disney? Two market pros make their case for and against the stock
▼ + stars: | 2023-02-10 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

Disney beat Wall Street expectations for its first-quarter earnings , but it was its vast restructuring plan that stole the headlines. Two investors faced off on CNBC's " Street Signs Asia " on Thursday to make their case for and against buying the stock. "Man, when you do a restructuring of that size with a company this big, it's not going to be easy. He believes the company is a "great business" and investors should take a long-term view. "Kids are thrown into the Disney franchises and the Disney business model will stay with them for life.

☆ A.I. hype lifts Microsoft shares at Alphabet’s expense. An opportunity may be emerging for investors
▼ + stars: | 2023-02-08 | by ( Michael Santoli | ) www.cnbc.com time to read: +4 min

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. It must work to absorb the pricing-in of another potential rate hike and some emotional, messy trading in parts of tech. Stocks rallied the days before, during and after the Fed hike, a decent sign Wall Street can handle the current stance. Worth noting GOOGL shares are down nearly 8% Wednesday afternoon, but they are still only back to week-ago levels. Is it an opportunity for anyone thinking the short-term AI hype is getting overdone?

☆ ChatGPT is supercharging how EQT sources deals. A top tech exec at the investing giant gives an inside look at how it's 'trying to make cyborgs' out of its dealmakers
▼ + stars: | 2023-02-06 | by ( Bianca Chan | ) www.businessinsider.com time to read: +7 min

But at Sweden-based investment firm EQT, the tech is being used at full throttle. "We're trying to make cyborgs," Alexandra Lutz, head of Motherbrain, EQT's AI platform, told Insider. With ChatGPT, Lutz said EQT has reached "the next frontier," putting the power of AI directly in the hands of its investors and portfolio companies. EQT's AI journey has been seven years in the makingThe impetus for EQT's AI platform can be traced back to a simple question. The AI platform generates lists of companies for EQT investors that look promising based on an input of desired attributes, from company size to geography and underlying technology.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Fed Day, AMD, Snap signal
▼ + stars: | 2023-02-01 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Fed Day: The central bank is expected to raise the interest rates by a quarter-point to the range of 4.50% to 4.75%. UBS downgrades Snap (SNAP) to hold from buy with an unchanged price target of $10, and says business is really soft. Club stock Humana (HUM) topped earnings estimates Wednesday morning with revenue in line, great guide. In its quarterly report Wednesday, the exercise equipment said subscription revenue better than hardware sales, noted significant outperformance for connected fitness. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Focusing on stable earnings growth helps this Olympic gold medalist beat the bear market
▼ + stars: | 2023-02-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

A mutual fund led by a gold-medal winning Olympic swimmer is rare enough, but Joe Hudepohl's Eaton Vance Atlanta Capital Focused Growth is also outperforming the stock market over the past five years. Maybe it's the former athlete's discipline and slavish devotion to patient training that's helping Focused Growth earn handsome long-run returns. " But despite falling 20.4% last year, the Focused Growth fund still enjoys a five-year annual trailing return of 13.97%, according to Morningstar. One of those long-time holdings is health technology company Danaher , which Focused Growth (EAALX) first bought in 2011, according to Morningstar. Morningstar rates the fund with five stars despite its 1.03% expense ratio, and says Focused Growth lands in the second percentile of more than 1,000 large growth funds for its five-year performance.

☆ These stocks have been hit the hardest by Fed rate hikes — now they could rally if there's a pause
▼ + stars: | 2023-01-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

To find such names, CNBC Pro looked back at the stocks that were hit the hardest in the five trading days after each of last year's Fed rate hikes, starting with the first quarter point increase last March. Of those, we took the worst median performance within that five-day period for each of 2022's seven rate hikes. Warner Bros Discovery tops the list, losing a median 10.7% after the Fed rate hikes (bearing in mind the present company was put together in early April last year.) Chipotle Mexican Grill was also hit in the wake the Fed's rate increases, losing a median 6.9% overall. Overall, the electrical vehicle leader lost a median 6.8% in the week following last year's Fed rate hikes.

☆ Looking beyond FAANG: Here's how the Club portfolio lines up with the Dow's workhorse stocks
▼ + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Think most of the stocks in the Dow Jones Industrial Average or the kind of stocks Warren Buffett loves to own for Berkshire Hathaway ." But in the near term, we still favor stocks of companies that are the backbone of the real economy. Dow Inc (DOW): The materials company we own in the portfolio is industrial gas giant Linde (LIN). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Netflix, Amazon, Chevron, Meta, Shopify & more
▼ + stars: | 2023-01-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley upgrades Colgate-Palmolive to overweight from equal weight Morgan Stanley said in its upgrade of Colgate that it sees an attractive entry point. "We upgrade shares from Neutral to Buy as we see the last of tough comparables for SHOP subsiding entering '23." Bank of America reiterates Meta as neutral Bank of America says it's cautious heading into Meta earnings on Wednesday. Berenberg upgrades Tesla to buy from hold Berenberg said in its upgrade of Tesla that "factory innovations support long-term margins." Morgan Stanley reiterates Southwest Airlines as overweight Morgan Stanley says it's sticking with shares of the airline.

☆ Bank of America reveals its top stocks ahead of earnings, including a favorite solar name
▼ + stars: | 2023-01-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There still are plenty of stock-buying opportunities as earnings reports continue to roll out, according to Bank of America analysts. CNBC Pro combed through Bank of America's recent research to find the most attractive stocks that are well-positoned ahead of their reports. Fox Buy shares of the "best positioned" company in media, analyst Jessica Reif Ehrlich said recently about Fox . "We find Grab well positioned to balance revenue growth with profitability in both its core businesses— delivery & mobility," Salgaonkar said. Thesis: 1) We find Grab well positioned to balance revenue growth with profitability in both its core businesses - delivery & mobility.

☆ FuboTV insiders describe how its 'doomed' sportsbook collapsed in a year — and what it means for the future of the streaming company
▼ + stars: | 2023-01-19 | by ( Colin Salao | Ashley Rodriguez | ) www.businessinsider.com time to read: +22 min

But despite the MetLife lounge remaining open throughout the 2021-22 NFL season, the Fubo Sportsbook wouldn't launch in New Jersey until the following one, in September 2022. "It was doomed from the start," one former Fubo Gaming staffer told Insider. Meanwhile, Rattner — whom the first former Fubo gaming staffer described as a "good talker" — sustained the startup's more youthful culture. The Fubo Sportsbook launched in New Jersey on September 7, days before the first Jets home game. A promotional image from when the Fubo Sportsbook went live in New Jersey in September 2022.

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