Advertising

Rating Card

Unlock Expert's Rating and Top Picks Portfolio

Become a member Or, Sign In

Stock Opinions by Guy Adami

COMMENT
The U.S. 10-year yield keeps falling He disagrees with the Fed. He thinks we'll test 1.25% in the 10-year yield, but bets we will hit 2% by year's end. The markets could crater even below 1.25%, but he expects rates could go higher. In fact, rates can go higher, and the USD lower. We may be on the verge of this. If so, he would buy resources.
Unknown
BUY
JPMorgan just upgraded it to a top pick. It's hated because it has no earnings growth. It trades at a 10x PE. He targets $280 at a 12x PE.
household goods
BUY
Some say the valuation is too high, but he points to 30% earnings growth, digital advancements and a predicted big earnings beat.
food services
BUY
They last had a great quarter with 5-6 analysts raising price targets. It's been parabolic with a high valuation, but Adobe is best in class.
computer software / processing
HOLD
Sold off a few weeks ago after its report, but today made new highs. They made the turn to higher margin businesses, so Oracle deserves a higher PE. Stay with it.
computer software / processing
COMMENT
Jerome Powell's comments today He's intrigued Powell said he's not ready to declare victory yet, but that's complete horse-hockey--he's saying this way too early. Thought it's been derailed in recent weeks, the commodity trade will continue to work. The banks will get a lift from his comments today.
Unknown
STRONG BUY

Biden-Putin summit today The cybersecurity threat has been heightened even after today and will only get worse. Also, China creates tension between the U.S. and Russia. Zscaler, Crowdstrike, Palo Alto and especially Palantir--all these names will continue to work. His top pick here is Palantir, given their relationship with the U.S. government.

Technology
BUY
The insurers have been in fire, like MetLife. He believes rates will go higher, so definitely stick with them.
insurance
BUY
You can buy FedEx here. Trades at 20x PE and has a target of $360. They report June 24.
Transportation
RISKY BUY
Cruise lines are trading nowhere near January's peaks, but if they get decent earnings, it's worth a play.
Transportation
RISKY BUY
Cruise lines are trading nowhere near January's peaks, but if they get decent earnings, it's worth a play.
0
COMMENT
Shares soared 83% this week. 80% of shareholders are retailer investors. He notes that AMC and AMC-X shares continue to diverge. He has the utmost respect for the Reddit crowd--they understand the complexity of stocks better than the pros do. However, the Wall Street establishment is trying to point out the folly behind all this, which is a warning we needed back in 2008 before the financial crisis.
entertainment services
COMMENT
The Reddit/meme trade and Wall Street investing Things have fundamentally changed. Shorters aren't targeting retail investors, but rather flawed companies that maybe shouldn't exist. Without short-sellers pointing things out--if people had listened to them years ago, maybe the Great Recession wouldn't have happened and been a disaster. He truly believes that big hedge funds are hiring people to stoke these Reddit chat rooms to stoke these rallies (like AMC this week). He can't judge whether that's right or wrong.
Unknown
COMMENT
The weekly US jobless report disappointed today The Fed is doing everything right and the markets look great. but he doesn't know how long it will last. In the past 7-8 years, there are a couple down days, the market forgets why it went down, then we're off to the races. The market fails to recognize that age inflation is here and isn't going away. When the market figures that out, the US 10-year yield will be much higher.
Unknown
COMMENT
Elon Musk's cyptic Tweet today pressured Bitcoin Musk is brilliant. He himself doesn't see Musk's tweets as criminal, but isn't there a responsibility for people like him in high positions not to do dopey things on Twitter? What does Musk have to gain by doing these things?
0
BUY

Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.

0
BUY

Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.

Technology
BUY
Crude oil prices hit 2018 highs Halliburton will probably trade to their 2020 high. The oil rally won't end anytime soon.
oil / gas field services
BUY
Crude oil prices hit 2018 highs PSX, though a levered oil name, is off to the races. The oil rally won't end anytime soon.
oil / gas
DON'T BUY
In Dec. 2016, AMC hit an all-time high around $39. Since then, AMC shares have declined. So, the demise of this industry happened long before Covid. And the business model has not changed. Inevitably, more people will lose money than make it.
entertainment services
BUY
Nvidia hit an all-time high today after an analyst upgrade Today's new $750 price target (an all-time high) will encourage other analysts to raise their own targets above $800. This will continue to run.
computer software / processing
WATCH
They're about to report. Valuation is ridiculous around 100x 2021, but they have earnings growth (likely a secular trend that won't fade). He's fascinated to see how it'll react post earnings. Sure, it's worth a look.
Technology
BUY

It made a new high today over $73, but has tumbled after hours on a mixed report. It's back to where it was in late-2020. It's not sexy without huge, though steady growth, but it trades at a reasonable valuation as operating margins hang in there. BTW, for the first time in a long time, it's starting to catch up to Salesforce. Around $65 was the December high and this level of resistance on the way up is support on the way down. You can buy it again. This growth to value shift has knocked a lot of high-multiple stocks on their butt. Oracle is up 12% in the last four days. You're okay to stay here. Amazon vs. Oracle: since Feb. 20, Amazon's chart is straight down while Oracle's is straight up, because Amazon is a growth play and Oracle is seen as value. Old tech is back in vogue.

computer software / processing
DON'T BUY
Are selling their air leasing business to a rival Scratches his head because this business could offer earnings growth ahead. They have a bad history of selling businesses. Today's reverse split is just dumb.
electrical / electronic
BUY on WEAKNESS

Tencent was nearly $100 two weeks ago and now $84. Similarly, BABA has popped from $225 back to $280, round trip. Tencent is seeing its first meaningful sell-off in a while. In the low/mid-$80s it is an interesting range.

0
BUY

$1.9 trillion stimulus relief passes into law. Never underestimate U.S. consumers wanting to spend. Look at HOW they spend, namely Mastercard, which made a new all-time high today; Visa came within a whisper of a new high; and even American Express has been on fire. Stay with all of these.

other services
BUY

$1.9 trillion stimulus relief passes into law. Never underestimate U.S. consumers wanting to spend. One name that's been under pressure is PayPal lately, trading below the January low of $225. It's bounced a bit. PayPal could be playing catch-up now. Forget about where, but how the consumer will spend.

0
DON'T BUY
A popular IPO today It's trading like a growth stock, but it isn't. It's had ridiculous growth, but things are likely going to wane. He'd rather look at EA. Pay for growth when it's there, not in the rear-view mirror.
Technology
COMMENT
Today's huge tech bounce back--will it last? Today was a respite, not a bounce. Rates will continue to grind higher. This isn't over by any stretch.
Unknown
PARTIAL BUY
He never thought this'd fall $145, and here it's down to $123. At 16x earnings QCOM is not expensive, so this shouldn't be impaired by higher interest rates. He likes this now.
Telecommunications
COMMENT
Levered energy names like PSX today, saw a reversal from $91 to $87 which concerns him. He expected oil to stall at their June highs, but that hasn't happened. He sees room to the upside, but he expects pullbacks on these names in the short term first. The energy trade still works, but lower will happen first.
oil / gas
PARTIAL SELL

Take profits now at $200, trading at a 40x forward PE. That's big for Disney. Disney+ isn't as profitability as the Netflix model. Given all the good news recently (making 100 million subscriber mark earlier than expected), you need to take some money off the table as today. That said, the line-ups when the theme parks reopen will be ridiculous.

entertainment services
BUY

The USD and gold price The debt clock in Times Square will hit $30 trillion in a couple weeks. If you can't get bearish on the USD with that, he doesn't what will. He was wrong--he thought the USD would continue to slide since last fall into this spring, but it's obviously bounce--but the bounce is temporary, he thinks. The dollar will continue to fall, which will benefit metals. He didn't think gold would fall down here, either, but at least gold has held the low of June 2020. In this space, Newmont around $57 off last summer's $70 looks interesting.

precious metals
COMMENT
Does the $695 inclusion level for the S&P matter? Absolutely, because everyone is talking about it. Selling puts here scares him. It's moved 20% today. We're seeing continuations of moves. We'll likely see another 10-15% move up before things sort out.
0
BUY

Is you love Boeing, you gotta love SPR.

INDUSTRIAL PRODUCTS
Showing 1 to 35 of 35 entries
  • «
  • 1
  • »