Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Sarat Sethi, Managing Partner, Douglas C. Lane & Assoc. and Karen Firestone, CEO, Aureus Asset Management commented about whether WAB-N, UNH-N, AMZN-Q, FRC-N, MS-N, PEP-Q, AMZN-Q, FRC-N are stocks to buy or sell.

PARTIAL SELL

Down 25% this morning and shares halted. The situation is changing constantly. He's watching it. Depositers are safe. Who will the bank merge with, etc? He has sold part of his position to a small holding. He will eventually decide whether to keep it or dump it.

DON'T BUY

They're different from other megatechs, because they have many pressures on them--cloud and retail. This is not a cheap stock, close to 40x PE. This is a pure show-me story in a decelerating economy. AWS's market share in 2016 was 74% but 51% today. There will be margin pressure.

BUY

They sell snacks and not just the drinks. Are raising prices as input prices decline. A tailwind will be the USD when it eventually weakens. Well-run company and defensive that you need in this market.

BUY

Well-capitalized bank. Boast a great management business.

SELL

Down 25% this morning and shares halted. She owns a very small position, picking up some last week, but selling this week. The fear factor is the reason.

COMMENT
Is cutting 9,000 more jobs

PE is over 60x this year, and 39x forward for 2024. It's going down. They'll probably cut more costs. The stock has performed badly in the last two years, so management is doing everything to become more efficient, so the layoffs are a step in the right direction.

BUY

Like Pepsi, it's a steady earner and trades at the same 21x PE. Lots of cash flow and higher ROE than peers. Will do well in a tough economy.

BUY

The ultimate beneficiary of infrastructure spending. They're in high-speed rails. Trades at a reasonable PE.

BUY

Nice top and bottom line beat. 11% organic growth driven by strong demand for agricultural commodities.

WEAK BUY

There's evidence of the consumer trading down, and they had a solid quarter. Shares are up 7% YTD. Has a concern of weakening in the lower-end consumer, though.

WEAK BUY

Consumer staples are a bit expensive, but they beat EPS and are managing inventory better. It'll be difficult to reach their 6% margin target in this economy. Shares are up 8% YTD. Has a concern of weakening in the lower-end consumer, though.

BUY

Simply, they hired 746,000 during the pandemic, and they've announced 18,000 total layoffs earlier this year. So, the layoffs are a blip. Cost-cutting is important for these mega tech stocks. They are moving from products to services, which makes sense. They have room to grow. They had an EPS miss, but beat on revenue last quarter. They need to work on the balance sheet.

COMMENT
Is cutting 9,000 more jobs

Job cuts are coming in their most profitable division to protect margins. This is important. The consumer is weakening and business spending is shrinking. Tech is in a recession (for the past 6 months). Doesn't mean stock prices will decline further.

BUY

Upgraded today. A staple. They've done a fantastic job managing its balance sheet and diversifying its products, not only beverages but also snacks. Revenue grows 10% annually in the last two years. Strong and unusual.

BUY

Last week she was going to sell this, but this morning she woke to see the game has completely changed. (Shares soaring 32%.) One bank's loss is another's gain. Signature Bank is hugely accretive to NY Comm's earnings with total book value rising 15%. NY is paying down debt, reducing reliance on costlier wholesale borrowing and the yield is capital neutral, so there's no need to raise capital.