Here’s what every major Wall Street bank believes will happen at the Trump-Xi trade meeting

China’s President Xi Jinping (R) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. The countdown is on to this weekend’s G-20 showdown between President Donald Trump and Chinese President Xi Jinping. If Wall Street strategists are to be believed, though, the summit may not amount to much. Wall Street has been on a tear in June, and that might actually hinder the ability of the two sides to move closer to a deal, according to B


China’s President Xi Jinping (R) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. The countdown is on to this weekend’s G-20 showdown between President Donald Trump and Chinese President Xi Jinping. If Wall Street strategists are to be believed, though, the summit may not amount to much. Wall Street has been on a tear in June, and that might actually hinder the ability of the two sides to move closer to a deal, according to B
Here’s what every major Wall Street bank believes will happen at the Trump-Xi trade meeting Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: michael bloom
Keywords: news, cnbc, companies, xi, ceasefire, heres, trade, trumpxi, happen, pace, wall, sides, street, believes, strategists, meeting, trump, saidthe, bank, president, major


Here's what every major Wall Street bank believes will happen at the Trump-Xi trade meeting

China’s President Xi Jinping (R) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017.

The countdown is on to this weekend’s G-20 showdown between President Donald Trump and Chinese President Xi Jinping. Reports surfaced on Thursday that Xi was prepared to present terms of an agreement but that China wanted a deal with “balance.”

If Wall Street strategists are to be believed, though, the summit may not amount to much. While most agree that a cease-fire is the more likely outcome, at issue is whether Trump will delay imposing more tariffs.

“With both sides expressing a desire to resume talks, we see increasing chances of some sort of ‘ceasefire,’ in which the two sides will agree to halt further escalation of tariffs and/or non-tariff barriers while high-level negotiations take place,” Barclays said.

“The cease-fire could include a commitment to not escalate trade and technology/investment-related tensions further, with the main structural issues being left unresolved,” Citi said. “Still, the China-containment strategy would likely follow, and the damage on the real economy from the tariffs-limbo is ongoing.”

Wall Street has been on a tear in June, and that might actually hinder the ability of the two sides to move closer to a deal, according to Bank of America.

“We think it will be difficult to bridge the gap because the strength of US equity markets and the Fed’s dovish turn have greatly reduced the pressure on the US to compromise,” BofA said.

The Dow is on pace for its best June since 1938 when it gained 24.26% while the S&P is on pace for its best June since 1955 when it gained 8.23%.

Here’s what the major Wall Street strategists are saying:


Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: michael bloom
Keywords: news, cnbc, companies, xi, ceasefire, heres, trade, trumpxi, happen, pace, wall, sides, street, believes, strategists, meeting, trump, saidthe, bank, president, major


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Chart signals double-digit rally for gold

Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level. Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500. Like Gordon, Point View Wealth Management’s John Petrides believes inv


Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level. Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500. Like Gordon, Point View Wealth Management’s John Petrides believes inv
Chart signals double-digit rally for gold Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-07  Authors: pippa stevens
Keywords: news, cnbc, companies, rally, commodity, chart, portfolio, believes, current, high, gordon, trading, doubledigit, gold, signals, buy, market


Chart signals double-digit rally for gold

The gold trade is shining bright.

Investors rushed into the commodity on Thursday, pushing it to a four-month high. Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level.

After examining the charts, he says bullion could climb as high as $1,500.

Gordon points out that gold rallied from $250 in 2001 to nearly $2,000 in 2011 but has been stuck in a trading range since then.

Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. Since the commodity is knocking at former highs, Gordon believes that “the next $60” will see a lot of “buy stops going off,” which is when traders place orders ahead of time to buy something once it hits a specific price.

This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500.

In addition to gold looking attractive on a technical basis, Gordon notes that the current economic backdrop of a dovish Fed, a weak dollar and a rise in geopolitical tensions supports a boom in the commodity. “There’s a strong correlation right now with gold and bonds,” he said, noting that if rates continue to fall it will “help push” gold out of its current consolidation. “Lot of … reasons for gold to push up, so I’m looking to add to my portfolio,” he said.

Gold has traditionally been viewed as a “safe haven” asset — something investors buy during times of market uncertainty to hedge against declines in the broader market. Gold owners argue that there will always be a demand for the commodity, so they believe it will retain its value.

Like Gordon, Point View Wealth Management’s John Petrides believes investors should have exposure to gold as part of a well-diversified portfolio. Rather than buy the commodity outright, he suggests using a vehicle like the VanEck Vectors Gold Miners ETF.

“The commodity itself doesn’t throw off any cash flow. There’s no economic value to it, so through the miners at least you can get a dividend and they can control costs and their margins,” he said Thursday on CNBC’s “Trading Nation.”

Petrides argues that a position in gold can protect against a black swan event, and that with the current rising jitters in the market, now is a good time to accumulate a position.

“You want to start with a 2.5% – 3% position of a portfolio now because you just don’t know when those issues [geopolitical risk with Iran, cracks in the ECB, etc.] will come to roost. So when they do at least you’re prepared and you don’t have to react,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-06-07  Authors: pippa stevens
Keywords: news, cnbc, companies, rally, commodity, chart, portfolio, believes, current, high, gordon, trading, doubledigit, gold, signals, buy, market


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Goldman’s 3 strategies to play a market it thinks is running out of steam

Goldman Sachs sees a “slim-upside” to its target for the S&P 500 index this year and is giving investors three approaches to navigate an opaque market. The firm believes the S&P 500 will rise to 3,000 by the end of the year, which is a 3.2% increase from Friday’s close of 2,907. Goldman believes investors face a “challenge” in terms of “what to buy and what to sell in the current market environment.” Here are the three strategies Goldman recommended to its clients, as well as some stocks that me


Goldman Sachs sees a “slim-upside” to its target for the S&P 500 index this year and is giving investors three approaches to navigate an opaque market. The firm believes the S&P 500 will rise to 3,000 by the end of the year, which is a 3.2% increase from Friday’s close of 2,907. Goldman believes investors face a “challenge” in terms of “what to buy and what to sell in the current market environment.” Here are the three strategies Goldman recommended to its clients, as well as some stocks that me
Goldman’s 3 strategies to play a market it thinks is running out of steam Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: michael sheetz, michael nagle, bloomberg, getty images
Keywords: news, cnbc, companies, strategies, sp, terms, target, technology, goldmans, investors, market, goldman, play, verisign, stocks, believes, 500, running, thinks, steam


Goldman's 3 strategies to play a market it thinks is running out of steam

Goldman Sachs sees a “slim-upside” to its target for the S&P 500 index this year and is giving investors three approaches to navigate an opaque market.

The firm believes the S&P 500 will rise to 3,000 by the end of the year, which is a 3.2% increase from Friday’s close of 2,907. Goldman believes investors face a “challenge” in terms of “what to buy and what to sell in the current market environment.”

Here are the three strategies Goldman recommended to its clients, as well as some stocks that meet two or more of these criteria. Those stocks include several in health care – Gilead Sciences, Biogen, AbbVie, Amgen — and several smaller companies in the technology sector, such as Amphenol, VeriSign and Lam Research.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: michael sheetz, michael nagle, bloomberg, getty images
Keywords: news, cnbc, companies, strategies, sp, terms, target, technology, goldmans, investors, market, goldman, play, verisign, stocks, believes, 500, running, thinks, steam


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Two under-the-radar retail buys as the group breaks out, according to experts

Despite the move higher, two experts said there are still bargain buys within the space. “One name that really sticks out in retail land is Columbia Sportswear,” Ari Wald, head of technical analysis at Oppenheimer, said Thursday on CNBC’s “Trading Nation.” Retail has been “range-bound in recent months,” he said, also pointing out that “over the last five years it’s been in the same price range.” So as a result, Wald believes “there are more attractive opportunities for funds at the industry leve


Despite the move higher, two experts said there are still bargain buys within the space. “One name that really sticks out in retail land is Columbia Sportswear,” Ari Wald, head of technical analysis at Oppenheimer, said Thursday on CNBC’s “Trading Nation.” Retail has been “range-bound in recent months,” he said, also pointing out that “over the last five years it’s been in the same price range.” So as a result, Wald believes “there are more attractive opportunities for funds at the industry leve
Two under-the-radar retail buys as the group breaks out, according to experts Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: pippa stevens, luke sharrett, bloomberg, getty images, scott mlyn, brendan smialowski, afp, rosley majid, eyeem, mike blake
Keywords: news, cnbc, companies, undertheradar, believes, petrides, group, sportswear, stock, higher, buys, wald, trading, industry, breaks, retail, experts, according, theyre


Two under-the-radar retail buys as the group breaks out, according to experts

Investors are shopping for retail stocks.

The XRT, an ETF that tracks the sector, is up nearly 10 percent this year, and is tracking for its best quarter since 2014. Despite the move higher, two experts said there are still bargain buys within the space.

“One name that really sticks out in retail land is Columbia Sportswear,” Ari Wald, head of technical analysis at Oppenheimer, said Thursday on CNBC’s “Trading Nation.” Last month the company reported fourth-quarter earnings that handily beat analyst expectations, leading to a nearly 16 percent surge in the stock the following day. The move higher eclipsed the $96 mark — which had previously been a key level of resistance, according to Wald — and the stock has been trading in the $100-$105 region ever since.

Wald notes that technicians call this a bullish flag pattern (so named since the vertical jump higher followed by a continuation of trading in that range can resemble a flag poll), and he believes the stock’s slight pullback this week is a buying opportunity.

“[W]e think this little near-term pullback should be bought in anticipation for a resumption of that breakout and a longer-term uptrend that’s still in play,” he said. Shares of the sportswear maker are up roughly 25 percent this year.

While Wald likes Columbia Sportswear, he cautions on buying the sector as a whole. Retail has been “range-bound in recent months,” he said, also pointing out that “over the last five years it’s been in the same price range.” So as a result, Wald believes “there are more attractive opportunities for funds at the industry level.”

On the flip side, John Petrides, managing director and portfolio manager at Point View Wealth Management, is more optimistic on the future of retail since he believes companies recognize threats to the industry — especially the rise of e-commerce — and are changing accordingly.

“[B]y and large many of the retailers have adjusted. They’re building out their online presence, they’re cutting their square-footage growth, they’re slowing their store space store openings, so they’re living in the new world that they’re in, and they’re now able to thrive, or at least grow at a new normal,” he said.

Petrides also thinks that the economic backdrop of low unemployment coupled with wage growth will continue to spur gains for the sector.

He specifically likes Hanesbrands. The stock has been on a tear this year, soaring 41 percent, but the move higher follows a dismal 2018 that saw the name drop 40 percent. It’s still more than 20 percent away from its June 52-week high, and Petrides contends that strong fundamentals will propel it higher.

“[H]ere’s a stock that dominates the industry that it’s in. … trading at less than 10 times earnings, less than one times price to sales. Currently offers a 3.5 percent dividend yield and based on [the] company’s projections and current prices should have about a 10 percent free cash flow yield, so we think that’s an attractive stock to own in this environment,” Petrides said.

Disclosure: Point View Wealth Management and John Petrides or someone in his household own shares of Hanesbrands.


Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: pippa stevens, luke sharrett, bloomberg, getty images, scott mlyn, brendan smialowski, afp, rosley majid, eyeem, mike blake
Keywords: news, cnbc, companies, undertheradar, believes, petrides, group, sportswear, stock, higher, buys, wald, trading, industry, breaks, retail, experts, according, theyre


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Ethiopian Airlines still ‘believes in Boeing’ despite 737 Max crash, CEO says

The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago. A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi. Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people. “Let me be clear: Ethiopian Airlines believes in Boeing. Gebremariam also defended his


The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago. A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi. Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people. “Let me be clear: Ethiopian Airlines believes in Boeing. Gebremariam also defended his
Ethiopian Airlines still ‘believes in Boeing’ despite 737 Max crash, CEO says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: david reid, anadolu agency, getty images
Keywords: news, cnbc, companies, despite, crash, executive, believes, max, ethiopian, plane, issued, airlines, ceo, boeing, 737, killed


Ethiopian Airlines still 'believes in Boeing' despite 737 Max crash, CEO says

The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago.

A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi.

Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people.

“Let me be clear: Ethiopian Airlines believes in Boeing. They have been a partner of ours for many years,” Tewolde Gebremariam wrote in a statement Monday.

The executive added that he did not want to yet speculate on the cause of the Ethiopian crash but said the investigation was well underway and he expected to discover the truth.

Gebremariam also defended his airline’s training procedure, noting that Ethiopian pilots who flew the 737 Max 8 were fully trained on a service bulletin issued by Boeing and the Emergency Airworthiness Directive issued by the USA Federal Aviation Authority (FAA).


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: david reid, anadolu agency, getty images
Keywords: news, cnbc, companies, despite, crash, executive, believes, max, ethiopian, plane, issued, airlines, ceo, boeing, 737, killed


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Goldman Sachs believes oil prices are about to go on a wild ride in 2019

Brent crude oil could hit $75 a barrel in the coming months, but the return of the “New Oil Order” will soon push down prices, Goldman Sachs said on Monday. The warning comes less than two weeks after Goldman forecast Brent would peak around $67.50 a barrel in the second quarter. Since then, the international benchmark for oil prices has surged by nearly $5 a barrel, or 7.5 percent, topping out at $67.73 on Friday. Goldman based its earlier forecast on a fundamental reading of supply and demand


Brent crude oil could hit $75 a barrel in the coming months, but the return of the “New Oil Order” will soon push down prices, Goldman Sachs said on Monday. The warning comes less than two weeks after Goldman forecast Brent would peak around $67.50 a barrel in the second quarter. Since then, the international benchmark for oil prices has surged by nearly $5 a barrel, or 7.5 percent, topping out at $67.73 on Friday. Goldman based its earlier forecast on a fundamental reading of supply and demand
Goldman Sachs believes oil prices are about to go on a wild ride in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: tom dichristopher, essam al-sudani
Keywords: news, cnbc, companies, order, rising, 2019, brent, russia, sachs, prices, crude, believes, ride, goldman, wild, oil, barrel, return


Goldman Sachs believes oil prices are about to go on a wild ride in 2019

Brent crude oil could hit $75 a barrel in the coming months, but the return of the “New Oil Order” will soon push down prices, Goldman Sachs said on Monday.

The warning comes less than two weeks after Goldman forecast Brent would peak around $67.50 a barrel in the second quarter. Since then, the international benchmark for oil prices has surged by nearly $5 a barrel, or 7.5 percent, topping out at $67.73 on Friday.

Goldman based its earlier forecast on a fundamental reading of supply and demand in the oil market. But the investment bank now says crude prices have gained technical support after rising to three-month highs, and a number of bullish factors will likely boost the commodity in March and April.

“While prices could easily trade in a $70-$75/bbl trading range, we believe such an environment would likely prove fleeting,” according to Goldman’s global head of commodities research Jeffrey Currie and senior commodity strategist Damien Courvalin.

“As a result, we would view near-term strength as a window of opportunity for producers to sell forward prices to create earnings security before the return of the New Oil Order later this year,” the analysts wrote in a research note.

That new order is marked by surging U.S. oil production from the nation’s shale fields and rising low-cost output from OPEC and its allies, including Russia. That will ultimately keep Brent and U.S. crude on track for Goldman’s year-end targets of $60 and $55, respectively, the analysts say.

But in the near-term, the so-called OPEC+ alliance is taking a “shock and awe” approach to cutting production, Goldman says. Saudi Arabia is leading this rapid pullback with plans to pump 500,000 barrels per day below its quota in March. Meanwhile Russia has signaled it will deepen cuts over the next two months.


Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: tom dichristopher, essam al-sudani
Keywords: news, cnbc, companies, order, rising, 2019, brent, russia, sachs, prices, crude, believes, ride, goldman, wild, oil, barrel, return


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FANG stocks aren’t the growth names they used to be, strategist says

S&P Global’s Erin Gibbs believes this group might be out of favor for some time. “We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact


S&P Global’s Erin Gibbs believes this group might be out of favor for some time. “We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact
FANG stocks aren’t the growth names they used to be, strategist says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: pippa stevens, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, strategist, names, stocks, believes, arent, netflix, growth, fang, gibbs, used, alphabet, amazon, market


FANG stocks aren't the growth names they used to be, strategist says

New year, different FANG.

After leading the market for much of 2018, tech high-flyers Facebook, Amazon, Netflix and Google parent Alphabet were hit hard in the fourth quarter, and apart from Netflix have lagged the S&P 500 this month.

While these four stocks have bounced meaningfully from their December lows, they are still a good distance from their all-time highs. Facebook and Amazon are in bear markets (off at least 20 percent from their recent highs), while Netflix and Alphabet are trading in correction territory (down at least 10 percent).

S&P Global’s Erin Gibbs believes this group might be out of favor for some time.

“We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Given that, she said, “these are the kinds of stocks that might actually underperform for the rest of the year.”

One notable exception is Netflix, which she continues to “love” given its 50 percent-plus earnings per share growth expectations for the next three years. She also notes that the valuation, while still high at 90 times forward earnings, has “really come down below its three-year average, so it’s not overpriced when you’re looking at the type of growth.”

While Netflix is still in correction, shares have skyrocketed more than 50 percent from their December low, and the company has outpaced fellow FANGs as well as the broader market this year, clocking a gain of more than 33 percent.

Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact that they’re no longer such high flyers.”

Miller Tabak’s Matt Maley wouldn’t be a buyer of any of these stocks here, although he believes Alphabet looks the best from a technical perspective. He noted that the stock has broken back above its six-month trend line, and that even when it was falling, it still managed to hold the key $1,000 level.

Like Gibbs, Maley believes the overall weakness in the tech space is a case of investors having been “loaded to the gills in these FANG names” and using recent weakness to rebalance their portfolios.

Maley foresees gains for FANG but says the high-flying days of yore may be gone for good.

“I think the [FANG names] will do fine, but I think they’ll only do as well as the rest of the market, because as money is coming out of the FANGs it’s being redistributed into other names like the semiconductor stocks,” he said.

Disclosure: S&P Global holds shares of Netflix and Alphabet in its advised portfolios.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: pippa stevens, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, strategist, names, stocks, believes, arent, netflix, growth, fang, gibbs, used, alphabet, amazon, market


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Jefferies believes this small cap has an ‘Amazonian Business Model’

Planet Fitness, a $5.7 billion gym operator, has a business model that resembles e-commerce giant Amazon’s, according to one Wall Street analyst. So says Jefferies’ Randal Konik, who upgraded the stock to buy from hold on Friday and raised the 12-month price target to $75 from $49 previously. The target would translate into a 28 percent gain for Planet Fitness based on Friday’s trading level. “This is a platform, not a gym,” Konik said in a note to clients. “We believe Planet Fitness is a platfo


Planet Fitness, a $5.7 billion gym operator, has a business model that resembles e-commerce giant Amazon’s, according to one Wall Street analyst. So says Jefferies’ Randal Konik, who upgraded the stock to buy from hold on Friday and raised the 12-month price target to $75 from $49 previously. The target would translate into a 28 percent gain for Planet Fitness based on Friday’s trading level. “This is a platform, not a gym,” Konik said in a note to clients. “We believe Planet Fitness is a platfo
Jefferies believes this small cap has an ‘Amazonian Business Model’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: yun li, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, amazonian, upgraded, cap, konik, amazons, planet, gym, model, believes, target, small, business, platform, wall, fitness, jefferies


Jefferies believes this small cap has an 'Amazonian Business Model'

Planet Fitness, a $5.7 billion gym operator, has a business model that resembles e-commerce giant Amazon’s, according to one Wall Street analyst.

So says Jefferies’ Randal Konik, who upgraded the stock to buy from hold on Friday and raised the 12-month price target to $75 from $49 previously. The target would translate into a 28 percent gain for Planet Fitness based on Friday’s trading level.

“This is a platform, not a gym,” Konik said in a note to clients.”We believe Planet Fitness is a platform for consumer aggregation with tenets that resemble Amazon’s successful model.”


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: yun li, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, amazonian, upgraded, cap, konik, amazons, planet, gym, model, believes, target, small, business, platform, wall, fitness, jefferies


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FANG stocks aren’t the growth names they used to be, strategist says

S&P Global’s Erin Gibbs believes this group might be out of favor for some time. “We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact


S&P Global’s Erin Gibbs believes this group might be out of favor for some time. “We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact
FANG stocks aren’t the growth names they used to be, strategist says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: pippa stevens, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, strategist, names, stocks, believes, arent, netflix, growth, fang, gibbs, used, alphabet, amazon, market


FANG stocks aren't the growth names they used to be, strategist says

New year, different FANG.

After leading the market for much of 2018, tech high-flyers Facebook, Amazon, Netflix and Google parent Alphabet were hit hard in the fourth quarter, and apart from Netflix have lagged the S&P 500 this month.

While these four stocks have bounced meaningfully from their December lows, they are still a good distance from their all-time highs. Facebook and Amazon are in bear markets (off at least 20 percent from their recent highs), while Netflix and Alphabet are trading in correction territory (down at least 10 percent).

S&P Global’s Erin Gibbs believes this group might be out of favor for some time.

“We really see this as a rotation out of these mega-cap growth stocks into a wider distribution broader market, as well as value,” she said Thursday on CNBC’s “Trading Nation.” She notes that the expected growth rate of 8 percent for Alphabet and Amazon means they are “no longer growth names” but “still super pricey.” Given that, she said, “these are the kinds of stocks that might actually underperform for the rest of the year.”

One notable exception is Netflix, which she continues to “love” given its 50 percent-plus earnings per share growth expectations for the next three years. She also notes that the valuation, while still high at 90 times forward earnings, has “really come down below its three-year average, so it’s not overpriced when you’re looking at the type of growth.”

While Netflix is still in correction, shares have skyrocketed more than 50 percent from their December low, and the company has outpaced fellow FANGs as well as the broader market this year, clocking a gain of more than 33 percent.

Overall, Gibbs believes “the decline in a lot of these stocks is people just adjusting to the fact that they’re no longer such high flyers.”

Miller Tabak’s Matt Maley wouldn’t be a buyer of any of these stocks here, although he believes Alphabet looks the best from a technical perspective. He noted that the stock has broken back above its six-month trend line, and that even when it was falling, it still managed to hold the key $1,000 level.

Like Gibbs, Maley believes the overall weakness in the tech space is a case of investors having been “loaded to the gills in these FANG names” and using recent weakness to rebalance their portfolios.

Maley foresees gains for FANG but says the high-flying days of yore may be gone for good.

“I think the [FANG names] will do fine, but I think they’ll only do as well as the rest of the market, because as money is coming out of the FANGs it’s being redistributed into other names like the semiconductor stocks,” he said.

Disclosure: S&P Global holds shares of Netflix and Alphabet in its advised portfolios.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: pippa stevens, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, strategist, names, stocks, believes, arent, netflix, growth, fang, gibbs, used, alphabet, amazon, market


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The stock market believes Netflix will more than double subscribers in 10 years to 335 million

Credit Suisse, in a note to investors on Wednesday titled “What the Market is Implying for Subscribers,” outlined why Netflix is expected to more than double its subscriber growth in the next decade. “The market is embedding that NFLX will achieve 335 million subscribers by 2028,” the note states. Netflix currently has just over 148 million subscribers. The market is also implying that Neflix will capture 42 percent of all global broadband households, excluding China, the firm calculates. They p


Credit Suisse, in a note to investors on Wednesday titled “What the Market is Implying for Subscribers,” outlined why Netflix is expected to more than double its subscriber growth in the next decade. “The market is embedding that NFLX will achieve 335 million subscribers by 2028,” the note states. Netflix currently has just over 148 million subscribers. The market is also implying that Neflix will capture 42 percent of all global broadband households, excluding China, the firm calculates. They p
The stock market believes Netflix will more than double subscribers in 10 years to 335 million Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: michael sheetz
Keywords: news, cnbc, companies, million, suisse, implying, double, markets, growth, 335, note, believes, stock, subscribers, shares, market, netflix


The stock market believes Netflix will more than double subscribers in 10 years to 335 million

Netflix looks the best of all FANG stocks, says strategist 22 Hours Ago | 03:17

Netflix is only getting started in its quest to conquer the globe, if the stock market’s expectations are to be believed.

Credit Suisse, in a note to investors on Wednesday titled “What the Market is Implying for Subscribers,” outlined why Netflix is expected to more than double its subscriber growth in the next decade.

“The market is embedding 8 percent long-term sales growth,” Credit Suisse said, citing a proprietary methodology which seeks to calculate the futures fundamentals of a company that its shares’ current valuation implies.

“The market is embedding that NFLX will achieve 335 million subscribers by 2028,” the note states.

Netflix currently has just over 148 million subscribers. Its shares are up more than 6,000 percent the last 10 years and 33 percent this year alone.

The market is also implying that Neflix will capture 42 percent of all global broadband households, excluding China, the firm calculates.

Credit Suisse analysts are as bullish, if not more so, than the market’s expectations. They predict Netflix will reach 264 million subscribers and 40 percent global penetration in 2022.


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: michael sheetz
Keywords: news, cnbc, companies, million, suisse, implying, double, markets, growth, 335, note, believes, stock, subscribers, shares, market, netflix


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