Investment strategy

Energy stocks could double next year even in a flat market, according to Fundstrat’s Tom Lee

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Oil was one of the biggest market headwinds earlier this year but even as it turns into a tailwind, it offers a key lesson for investors, according to Fundstrat’s Tom Lee. “For many years, our clients thought energy was a group that they could ignore because the world was moving towards renewables,” he said in … Read more

JPMorgan downgrades First Solar, cites stock’s recent outperformance following climate bill passage

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First Solar ‘s stock is due for a much-needed breather following its outperformance in the wake of the Inflation Reduction Act being passed, according to JPMorgan. The stock’s up more than 150% in the last five months and 97% in 2022. The Inflation Reduction Act was signed by President Joe Biden on Aug. 16. While … Read more

CIO shares stock picks to weather volatility in policy and inflation

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Overly loose fiscal and monetary policy during Covid-19 was a “mistake,” according to the chief investment officer of asset management firm Antipodes Partners. Jacob Mitchell told CNBC’s “Street Signs Europe” Friday he expects to see a flip back to central banks “loosening policy aggressively” within 12 to 18 months to deal with the recessions set … Read more

Warren Buffett explains his $750 million charitable donation on Thanksgiving eve

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Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary investor said the timing was no coincidence as this is his way of giving thanks to his children for their charitable work. “I’ve got a personal pride … Read more

Market pro names stocks that could do well with margins under pressure

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Profit margins are getting squeezed as inflation remains at elevated levels, with a slew of companies — including Walt Disney , PepsiCo and Spotify — all warning of margin pressures, casting a pall over earnings growth in the quarters ahead. Patrick Armstrong, chief investment officer at Plurimi Wealth, believes this is the “biggest risk” for … Read more

CME’s Terry Duffy says he saw trouble before FTX collapse

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A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day of his first one-on-one meeting with founder Sam Bankman-Fried. “I told my team this had nothing to do with crypto,” Duffy told CNBC’s … Read more

Bill Ackman doubts the Fed can tame inflation, says higher prices ahead

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Billionaire hedge fund manager Bill Ackman is skeptical of the Federal Reserve’s ability to bring down inflation, seeing structurally higher prices lingering. “Long-term interest rates are meaningfully below where they’re going to go and we think that is, of course, a risk for equities,” Ackman said on a quarterly investor call for Pershing Square Holdings Thursday. “A part of our thesis here is that … Read more

Cramer’s week ahead: Markets will do ‘much better’ during the next four weeks

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Stocks rose on Friday but ended the turbulent week down.

These insurance stocks could perform well even with economic weakness

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The insurance sector isn’t generally thought of as very exciting, but it may nonetheless be a solid place for investors to buy financial exposure amid a losing year for stocks and worries of economic weakness to come. The group has solidly outperformed the broader market this year. The S & P 500 is down more … Read more

Bill Miller keeps betting big on this energy stock, which is up 60% this year

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Value investor Bill Miller kept his top holding unchanged last quarter, betting on an energy name that has jumped nearly 60% this year. His hedge fund Miller Value Partners held about $90 million worth of Ovintiv shares, remaining as its top holding at the end of the third quarter, according to a new regulatory filing. … Read more