Investing & Retiring

Facebook‘s sudden and stunning vulnerability threatens to undercut the foundation of the stock market rally since Donald Trump was elected president. The social media giant has been the cornerstone of the FAANG trade — Facebook, Amazon, Apple, Netflix and Google parent Alphabet. Just by itself, Facebook has gained more than 80 percent since Trump’s November
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Veteran investor Peter Boockvar doesn’t find stocks tempting right now. Despite strong second quarter earnings reports, the Bleakley Advisory Group chief investment officer sees trouble brewing as central banks around the world abandon their post-financial crisis easy money policies and drive interest rates higher. He calls it the biggest risk to the stock market. “They’re
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Sarissa Capital Management chief investment officer Alex Denner spoke with CNBC Pro for an exclusive interview from the Delivering Alpha Conference in New York, and detailed his case for investing in Biogen. Like other shareholder activists, Denner’s approach focuses on improving the strategies of companies to unlock otherwise trapped equity value. Having previously served as
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President Donald Trump‘s criticism of monetary policy won’t have much impact on how the Federal Reserve goes about its business, judging by initial market reaction. While making for more eye-popping headlines out of the Oval Office, the president’s complaints that rising interest rates are hampering economic progress did not move the fed funds futures market,
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Low costs are likely how JPMorgan hopes to attract assets into both BBJP and BBEU, which, as vanilla, market-cap weighted equity ETFs, look very similar to existing products. BBJP’s portfolio looks almost identical to the bigger, older EWJ, even though BBJP pulls from stocks listed on either the Tokyo and Nagoya Stock Exchanges, whereas EWJ
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Getty Images Workers pack and ship customer orders at the 750,000-square-foot Amazon fulfillment center in Romeoville, Illinois. Amazon shares will surge this year due to its expansion into new industries and countries, according to Deutsche Bank. The firm raised its price target to $2,200 from $1,800 for Amazon shares, representing 21 percent upside to Thursday’s
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Alphabet’s internet search and advertising businesses are thriving, according to Goldman Sachs. The firm raised its price target to $1,350 from $1,250 for Alphabet shares, representing 11 percent upside to Wednesday’s close. Goldman also reiterated its buy and conviction list rating for the company. “Our advertiser checks point to a solid 2Q, with particular strength
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Alex Roepers of Atlantic Investment Management recommended Huntsman Corp. as his best idea Wednesday during the Delivering Alpha conference. The Woodlands, Texas-based company is a manufacturer of differentiated organic chemical products and of inorganic chemical products. Shares jumped on his recommendation and were most recently up nearly 2.5 percent after rising 4 percent earlier. Roepers
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Purchase, New York-based Greenhaven invests with a three- to four-year time horizon and manages approximately $7.5 billion for wealthy families, university endowments and nonprofits. From 1988–2017, the average annual return of a Greenhaven portfolio had been roughly 19 percent (before fees). Wachenheim, who also founded the management company, argued that Citi’s success in its corporate
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